Industry News
TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business
ByteDance’s TikTok will take a 75.01% controlling stake in a joint venture entity formed in partnership with GoTo’s e-commerce unit Tokopedia, the two tech firms announced on Monday. TikTok will invest $1.5 billion in the combined entity ov…
Amazon loses second AWS India and South Asia top exec in less than a year
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role. Amazon didn’t immediately respond to a …
US-China tech war escalates over EV battery dominance
Semiconductors have in recent years become a focal point in the U.S.’s efforts to impede China’s technological advancement. Now Washington has its eye on yet another red-hot tech sector where China is making great strides: batteries for ele…
Elon Musk brings Alex Jones and Infowars back on X after user poll
Elon Musk has restored the X accounts of conspiracy theorist Alex Jones and his media site Infowars. The X accounts of Jones and Infowars were “permanently banned” from Twitter by the previous management in 2018 for posting abusive content …
SumUp taps €285M more in growth funding to weather the fintech storm
SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the choppy waters of the current fintech market, waters…
Cruise faces fines, TuSimple exits the U.S. and a new reporter joins the TC transpo team
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, pr…
Senator Warren calls out Apple for shutting down Beeper’s ‘iMessage to Android’ solution
U.S. Senator Elizabeth Warren (D-Mass.) is throwing her weight behind Beeper, the app that allowed Android users to message iPhone users via iMessage, until Apple shut it down. Warren, an advocate for stricter antitrust enforcement, posted her support …
Deal Dive: Making the clean energy transition, well, cleaner
Nth Cycle is one of the few startups tackling the cleantech’s carbon-heavy supply chain and building a cleaner infrastructure for the sector.
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The possibility of regulation hangs on the horizon over generative AI
While it’s easy to get lost in the hype of generative AI, you have to remember there could be a big governance piece coming.
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