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Goama lets developers integrate a social gaming platform into their apps
Goama (also known as Go Games) lets developers quickly integrate social games into their apps. Some of Goama’s clients have used it for promotional campaigns, while others rely on the platform, which introduces new games every week, to add a full-fledged gaming function to their app. The startup, which recently took part in SOSV’s accelerator […]
techcrunch - 25 minutes ago
Twitter is bringing Moments to Indian social app Dailyhunt
Five years after its launch, Twitter Moments is growing beyond the American social networking platform. On Monday, Twitter said it had partnered with Dailyhunt to bring Moments to the Indian social app. Dailyhunt app now has a dedicated tab called ‘Twitter Moments India’ to showcase curated tweets pertaining to news and other events in the […]
techcrunch - 39 minutes ago
Flipkart doubles down on rewards program, partners with 5,000 retail outlets in India
Flipkart on Monday launched SuperCoin Pay that its customers will be able to use across thousands of retail stores across the country as Walmart-owned e-commerce giant bets on its loyalty program to win and sustain its user base in the world’s second largest internet market. The Bangalore-headquartered e-commerce giant said it had partnered with over […]
techcrunch - 1 hour ago
Personio raises $125M on a $1.7B valuation for an HR platform targeting SMEs
With the last year changing how (and where) many of us work, organizations have started to rethink how well they manage their employees, and what tools they use to do that. Today, one of the startups that is building technology to address this challenge is announcing a major round of funding that underscores its traction […]
techcrunch - 1 hour ago
Signal and Telegram are also growing in China – for now
As fears over WhatsApp’s privacy policies send millions of users in the West to Signal and Telegram, the two encrypted apps are also seeing a slight user uptick in China, where WeChat has long dominated and the government has a tight grip on online communication. Following WhatsApp’s pop-up notification reminding users that it shares their […]
techcrunch - 1 hour ago
Virgin Orbit reaches orbit for the first time
Virgin Orbit launched its LauncherOne rocket to orbit for the first time today, with a successful demonstration mission that carried a handful of satellites and will attempt to deliver them to low Earth orbit on behalf of NASA. It’s a crucial milestone for the small satellite launch company, and the first time the company has […]
techcrunch - 12 hours ago
GitHub’s head of HR resigns in light of termination of Jewish employee
A GitHub internal investigation has revealed the company made “significant errors of judgment and procedure” in the firing of the Jewish employee who cautioned his coworkers about the presence of Nazis in the DC area on the day of insurrection at the U.S. Capitol. In a blog post today, GitHub COO Erica Brescia said the […]
techcrunch - 13 hours ago
Original Content podcast: Martin Scorsese and Fran Lebowitz have a good time in ‘Pretend It’s A City’
The concept behind the new Netflix documentary series “Pretend It’s A City” is pretty straightforward: Author Fran Lebowitz talks, while Martin Scorsese (who’s both director and an on-camera presence) listens and laughs. Lebowitz’s musings across seven episodes are organized by loose themes, such as “Metropolitan Transit” and “Library Services,” with the more recent footage interspersed […]
techcrunch - 16 hours ago
Checkout wants to be Rapyd and Fast
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. We’re back on this lovely Saturday with a bonus episode! Again! There is enough going on that to avoid failing to bring you stuff that we think matters, we are back yet again for more. This time around we […]
techcrunch - 1 day ago
Facebook blocks new events around DC and state capitols
As a precaution against coordinated violence as the US approaches President-elect Joe Biden’s inauguration, Facebook announced a few new measures it’s putting in place. In a blog post and tweets from Facebook Policy Communications Director Andy Stone, the company explained that it would block any events slated to happen near the White House, the U.S. […]
techcrunch - 2 days ago
GitLab raises $195M in secondary funding on $6B valuation
GitLab has confirmed with TechCrunch that it raised a $195 million secondary round on a $6 billion valuation. CNBC broke the story earlier today. The company’s impressive valuation comes after its most recent 2019 Series E in which it raised $268 million on a 2.75 billion valuation, an increase of $3.25 billion in under 18 […]
techcrunch - 2 days ago
The pandemic was top of mind in the tech of CES 2021
Of course COVID-19 was bound to be an unavoidable topic during the first-ever all-virtual CES. After all, the topic is at front of mind regardless of the topic these days. Close to a year into the pandemic, presenters still understandably feel obligated to address the always-present elephant in the room. Sometimes it was as simple […]
techcrunch - 2 days ago
Daily Crunch: WhatsApp responds to privacy backlash
WhatsApp delays enforcement of a controversial privacy change, Apple may get rid of the Touch Bar in future MacBooks and Bumble files to go public. This is your Daily Crunch for January 15, 2021. The big story: WhatsApp responds to privacy backlash Earlier this month, WhatsApp sent users a notification asking them to consent to […]
techcrunch - 2 days ago
Marc Lore leaves Walmart a little over four years after selling Jet.com for $3B
Marc Lore, the executive vice president, president and CEO of U.S. e-commerce for Walmart, is stepping down a little over four years after selling his e-commerce company Jet.com to the country’s largest retailer for $3 billion. Lore’s tenure at the company was a mixed bag. Walmart instituted several new technology initiatives under Lore’s tenure, but […]
techcrunch - 2 days ago
Coinbase commits to a “better customer experience” following complaints
Coinbase has a problem. As interest in bitcoin has soared along with its price, the popular cryptocurrency exchange has found itself the target of a growing spate of angry customers who haven’t been able to access customer service. A quick look at Twitter tells the story. As ranted one upset user of the service just […]
techcrunch - 2 days ago
15 steps to fundraising a new VC or private equity fund
Based on my experience, taking the 15 steps below will help build the core of a high-performing fundraising and investor relations function.
techcrunch - 2 days ago
Lessons from Top Hat’s acquisition spree
Top Hat, a startup that digitizes textbooks and turns them into an interactive experience for college students, announced on Wednesday that it has acquired yet another business: Fountainhead Press. The acquisition marks Top Hat’s third scoop of a publishing company in the past 12 months. Top Hat’s whole business proposition is a subtweet to Zoom […]
techcrunch - 2 days ago
Group Nine’s SPAC goes public
Group Nine Media revealed last month that it was forming a SPAC (short for special purpose acquisition corporation) in order to raise money for acquisitions. The company has now moved forward with those plans, announcing last night that it had priced the SPAC’s IPO at $10 per unit, to raise a total of $200 million. […]
techcrunch - 2 days ago
Apple is extending Apple TV+ trials again
If you’ve got an Apple TV+ trial that’s set to expire sometime between now and June, good news: you’re getting some free bonus time. Apple TV+ first launched in November of 2019, alongside a one-year free trial for anyone buying a new iPhone, iPad, iPod touch, Apple TV, or Mac. As those initial trials approached […]
techcrunch - 2 days ago
Desktop Metal buys fellow 3D printing company EnvisionTEC for $300M
Desktop Metal this morning announced its intention to purchase fellow 3D printing company EnvisionTEC. Founded in Germany in 2002, EnvisionTEC specializes in photopolymer additive manufacturing, putting its technology in more direct competition with the likes of 3D printing darling Carbon than Desktop Metal’s own existing portfolio. The deal follows Desktop Metal’s push to go public […]
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techcrunch
Intel to invest $253.5 million in India’s Reliance Jio Platforms
techcrunch - 6 months ago
Intel said on Friday it will invest $253.5 million in Jio Platforms, joining a roster of high-profile investors including Facebook and Silver Lake that have backed Indias top telecom operator in recent months.
The chipmaker’s investment arm said it is acquiring a 0.39% stake in Jio Platforms, giving the Indian firm a valuation of $65 billion. Intel Capital is the 12th investor to buy a stake in Jio Platforms, which has raised more than $15.5 billion by selling a 25% stake since April this year.
Jio Platforms focus on applying its impressive engineering capabilities to bring the power of low-cost digital services to India aligns with Intels purpose of delivering breakthrough technology that enriches lives. We believe digital access and data can transform business and society for the better. Through this investment, we are excited to help fuel digital transformation in India, where Intel maintains an important presence, said Wendell Brooks, Intel Capital President, in a statement.
