FCC Commissioner writes to Apple and Google about removing TikTok: Ivan Mehta
FCC Commissioner Brendan Carr wrote to Apple and Google on Tuesday, requesting the companies to remove TikTok from their app stores for “its pattern of surreptitious data practices.” This comes after BuzzFeed News reported last week that TikTok’s staff in Chi…
Entrepreneur First raises $158M at a $560M valuation, adding Stripe's Collison brothers to its list of backers: Ingrid Lunden
Entrepreneur First made a name for itself a decade ago in its home base of London, and then further afield, for the novel approach it takes to tech investing: rather than seek out interesting, scaling startups like typical VCs, it backs founders and their ver…
Arzooo raises $70 million to bring 'best of e-commerce' to physical stores in India: Manish Singh
Arzooo, an Indian startup that is attempting to bring the “best of e-commerce” to physical stores, has raised $70 million in a new financing round as it looks to scale its platform to more cities. SBI Investment and Trifecta Leaders Fund led the Bengaluru-hea…
Mapan’s services helps low-income Indonesians users afford goods and services: Catherine Shu
In Indonesia, arisans are traditionally rotating savings and credit associations (RSCA) that let groups of people, primarily women, save and borrow money together. Mapan digitized that concept, and turned it into a service where users, also mostly women, can …
FTC hammers Walmart over years of 'facilitating' money transfer scams: Harri Weber
The Federal Trade Commission is suing Walmart for sitting by while scammers bilked customers out of more than $197 million, the agency alleged in a statement on Tuesday. It’s seeking a court order that would force Walmart to give money back to customers, on t…
Tesla lays off nearly 200 Autopilot workers, shutters San Mateo office: Rebecca Bellan
Tesla has gutted the data annotation team working on Autopilot, laying off nearly 200 employees and shutting down the San Mateo, California office where they worked. The layoffs, first reported by Bloomberg, have been confirmed by sources who talked to TechCr…
Facebook and Instagram are removing posts offering to mail abortion pills: Taylor Hatmaker
In the aftermath of the Supreme Court’s decision to overturn Roe v. Wade Court, some Facebook and Instagram users planning to help distribute legal abortion pills are finding themselves censored. According to a Motherboard report, users began seeing Facebook …
Pinterest pins down a new CEO: Google exec Bill Ready: Harri Weber
After a 12-year run, Pinterest co-founder Ben Silbermann is stepping down from his perch as CEO of the popular image and link-sharing service. Following word of Silbermann’s departure, Pinterest’s stock price rose by more than 8% in after-hours trading. That …
UK urgently needs new laws on use of biometrics, warns review: Natasha Lomas
An independent review of UK legislation has concluded the country urgently needs new laws to govern the use of biometric technologies and called for the government to come forward with primary legislation. Among the legal review’s ten recommendations are that…
OK, whose rocket just hit the moon?: Devin Coldewey
You know you’re living in the space age when a rocket hits the moon, and the industry as a whole points to the sky and, like an angry teacher holding up a paper airplane, asks “Who launched this?!” Truly, that is what occurred this week as an unidentified roc…
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