TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia
ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route to get there. TikTok is putting up $1.5 billion in a new joint venture that will bring Tokopedia, the e-commerce
Read moreAmazon 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 request for comment by email and phone. Amazon counts
Read moreUS-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 electric vehicles. Earlier this month, the Departments of Treasury and Energy proposed rules
Read moreElon 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 and violating the platform’s rules. Musk ran a user poll on X
Read moreSumUp 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 that have tipped and swayed SumUp itself. The startup, which
Read moreCruise 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, present and future means of moving people and packages from
Read moreBe skeptical about QR codes, warns the FTC
Illustration by Amelia Holowaty Krales / The Verge The Federal Trade Commission (FTC) warned the public against scanning any old QR code in a consumer alerts blog last week. Naturally, the warning comes down to security and privacy — bad actors can put QR codes in inconspicuous places or send
Read moreSenator 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 for Beeper on X (formerly Twitter) and questioned why Apple would restrict
Read moreDeal 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. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreThe 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. © 2023 TechCrunch. All rights reserved. For personal use only.
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