• Moovit users can now track transit vehicles on map in real time

    Israeli urban trip planning app Moovit unveiled a new feature Tuesday that allows users to follow a transit line’s movements along the map in real time. The new feature, which is in addition to Moovit’s real time arrival countdown, brings a new level of accuracy and certainty to users’ commutes, the company says. “Live Location […] Moovit users can now track transit vehicles on map in real time by Rebecca Bellan originally published on TechCrunch

  • Pearpop raises $18M at a $300M valuation to scale its social collaboration marketplace

    Pearpop, a marketplace for social collaborations, announced today that it has raised an extension to its 2021-era Series A funding round. The company has added $18 million to its Series A, bringing its valuation to $300 million. Since its launch in October 2020, Pearpop has raised $34 million in funding. The new investment includes funding […] Pearpop raises $18M at a $300M valuation to scale its social collaboration marketplace by Aisha Malik originally published on TechCrunch

  • Software supply chain security is broader than SolarWinds and Log4J

    Here's a comprehensive look at some of the lesser-known, but no less serious, types of software supply chain attacks. Software supply chain security is broader than SolarWinds and Log4J by Ram Iyer originally published on TechCrunch

  • NopeaRide, Kenya's first EV taxi service, shuts down

    Kenya’s first fully electric taxi service, NopeaRide, is exiting the market after its parent company EkoRent OY failed to raise additional funding to keep it afloat. NopeaRide said EkoRent Africa, the local subsidiary of the Finnish company, has filed for insolvency in Kenya, bringing to an end the operations of the all-electric vehicle taxi player, […] NopeaRide, Kenya’s first EV taxi service, shuts down by Annie Njanja originally published on TechCrunch

  • Deepgram lands new cash to grow its enterprise voice-recognition business

    Deepgram, a company developing voice-recognition tech for the enterprise, today raised $47 million in new funding led by Madrona Venture Group with participation from Citi Ventures and Alkeon. An extension of Deepgram’s Series B that kicked off in February 2021, led by Tiger Global, it brings the startup’s total raised to $86 million, which CEO […] Deepgram lands new cash to grow its enterprise voice-recognition business by Kyle Wiggers originally published on TechCrunch

  • Lyst, the UK fashion marketplace, is laying off 25% of staff

    Lyst, the UK fashion e-commerce site that last year raised funding at a $700 million valuation, is the latest tech startup to rein in spending by cutting staff. TechCrunch has learned that the company is in the process of laying off 25% of its employees, working out to about 50 people, as part of a […] Lyst, the UK fashion marketplace, is laying off 25% of staff by Ingrid Lunden originally published on TechCrunch

  • UK confirms removal of Online Safety Bill's 'legal but harmful' clause

    The UK government has completed a major revision to controversial but populist online safety legislation that’s been in the works for years — and was finally introduced to parliament earlier this year — but has been paused since this summer following turmoil in the governing Conservative Party. In September, new secretary of state for digital, Michelle Donelan, […] UK confirms removal of Online Safety Bill’s ‘legal but harmful’ clause by Natasha Lomas originally published on TechCrunch

  • India to pilot retail digital currency on December 1

    India will undertake the first pilot for retail digital currency on December 1, the central bank said Tuesday, extending the test to evaluate the creation and distribution of the e-rupee in the South Asian market with a closed group of customers and merchants a month after it began evaluating the CBDC for the wholesale segment. […] India to pilot retail digital currency on December 1 by Manish Singh originally published on TechCrunch

  • It's maybe a little late to be talking about red flags in venture investing?

    Earlier today, renowned VC Bill Gurley put together a list of the many “red flags” that VCs should have paid closer attention to when funding FTX, suggesting in a tweet that this summary of warning signs might help keep VCs “out of the investor hurt locker” going forward. Gurley includes such no-nos as “unique financial […] It’s maybe a little late to be talking about red flags in venture investing? by Connie Loizos originally published on TechCrunch

  • Apple announces winners of the App Store Awards for 2022

    Today, Apple announced its list of App Store award winners for this year along with the top chart for most downloaded apps and games across free and paid categories. These awards include apps for all of the company’s platforms including the iPhone, iPad, Apple Watch, Mac, and Apple TV. For 2022, the social network app […] Apple announces winners of the App Store Awards for 2022 by Ivan Mehta originally published on TechCrunch

  • CRED acquires CreditVidya

    CRED is acquiring CreditVidya, a SaaS startup that helps firms underwrite first-time borrowers, in the latest of a series of investments from the Bengaluru-headquartered fintech as it broadens its infrastructure and offerings. The firms did not disclose the terms of the deal but said it involves both cash and stock. The 10-year-old CreditVidya — headquartered […] CRED acquires CreditVidya by Manish Singh originally published on TechCrunch

  • Founder factories: Alumni from 344 European and Israeli unicorns have birthed 1,018 startups since 2008

    A new report has shone a light on the impact that European and Israeli unicorns have had on the broader technology ecosystem since the global economic crisis 14 years ago. The report, titled Europe and Israel’s Startup Founder Factories, was produced by VC firm Accel with heavy support from startup and VC data platform Dealroom. […] Founder factories: Alumni from 344 European and Israeli unicorns have birthed 1,018 startups since 2008 by Paul Sawers originally published on TechCrunch