Tag: TechCrunch

Netherlands/Facebook – Dutch court will hear another Facebook privacy lawsuit (Natasha Lomas, TechCrunch)

Privacy litigation that’s being brought against Facebook by two not-for-profits in the Netherlands can go ahead, an Amsterdam court has ruled. The case will be...

TechInnovation – Jim Whitehurst steps down as president at IBM just 14 months after taking role (Ron Miller, TechCrunch)

In a surprise announcement today, IBM announced that Jim Whitehurst, who came over in the Red Hat deal, would be stepping down as company...

TechInnovation – GM is investing in a California lithium extraction project (Aria Alamalhodaei, TechCrunch)

General Motors is investing in domestically sourced lithium. The company said Friday it became the first investor in an Australian company’s project to extract...

TechInnovation – India’s Licious raises $192 million for international expansion (Manish Singh, TechCrunch)

Licious, a Bangalore-based startup that sells fresh meat and seafood online, has raised $192 million in a new financing round as it looks to...

TechInnovation – Swedish gaming firm MTG acquires India’s PlaySimple for $360 million (Manish Singh, TechCrunch)

Swedish gaming giant Modern Times Group (MTG) has acquired Indian startup PlaySimple for at least $360 million, the two firms said Friday. Swedish gaming firm MTG acquires...

TechInnovation – Ghost raises $100M Series D for autonomous driving and crash prevention tech (Aria Alamalhodaei, TechCrunch)

Autonomous driving system developer Ghost Locomotion has raised a $100 million Series D funding round, led by Sutter Hill Ventures. Returning investor Founders Fund...

TechInnovation – TikTok expands max video length to 3 minutes, up from 60 seconds (Sarah Perez, TechCrunch)

TikTok is embracing longer videos. The company announced this morning it will roll out the option to create videos of up to 3 minutes...

Germany/Facebook – German government bodies urged to remove their Facebook Pages before next year (Natasha Lomas, TechCrunch)

Germany’s federal information commissioner has run out of patience with Facebook. Last month, Ulrich Kelber wrote to government agencies “strongly recommend” they to close down their official...

TechInnovation – Codat raises $40M from Tiger for its SMB-focused API service (Alex Wilhelm, TechCrunch)

This morning Codat, a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a $40 million round...

TechInnovation – Pinterest updates policy to prohibit ads promoting weight loss (Amanda Silberling, TechCrunch)

Starting today, Pinterest will prohibit all advertisers from sharing ads that promote weight loss. This includes any language and imagery that encourages weight loss,...

TechInnovation – Codat raises $40M from Tiger for its SMB-focused API service (Alex Wilhelm, TechCrunch)

This morning Codat, a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a $40 million round...

TechInnovation – Mercado Bitcoin, Brazil’s first crypto exchange, raises $200M from SoftBank (Mary Ann Azevedo, TechCrunch)

Mercado Bitcoin, a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. Mercado Bitcoin, Brazil’s first...

TechInnovation – Tiger Global in talks to back Indian fintech Yap (Manish Singh, TechCrunch)

Tiger Global is in advanced stages of talks to back Indian embedded finance startup Yap, according to more than half a dozen people familiar...

TechInnovation – Instant grocery startup Getir makes its first acquisition to expand into Spain and Italy (Ingrid Lunden, TechCrunch)

Getir, the startup based out of Turkey that has built a $7.5 billion business out a mobile app that lets consumers buy groceries and get them...

TechInnovation – Germany’s icon group VC bets $30M to back startups enabling traditional companies to pivot (Mike Butcher, TechCrunch)

Icon group is a new $30M VC fund being launched out of Germany’s iconmobile group, a WPP network agency. This means a reorganization of...

TechInnovation – Rohlik raises $119M at a $1.2B valuation to grow its 2-hour grocery delivery service in Europe (Ingrid Lunden, TechCrunch)

“Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and...