The long-running saga over the future of Toshiba’s memory chip business — the world’s second largest supplier of NAND memory used in phones and PCs — took a big step forward after the Japanese company officially agreed [PDF] to an $18 billion sale to a consortium led by Bain Capital, which includes Apple among its backers.
Google has rolled out changes to how it displays search results for products in Europe to try to comply with an EU antitrust ruling against its Google Shopping search comparison service. A multi-year EU antitrust investigation into Google’s practices around search comparison ended this June with the European Commission handing the company a €2.42 billion (~$2.73BN) fine for antitrust
The parent company of games giant Nexon has confirmed that it acquired Korea’s second largest cryptocurrency exchange, Korbit, in a deal that values it at just over $120 million. A spokesperson from NXC, the corporation which owns $11.5 billion-valued Nexon, confirmed to TechCrunch that it paid 91.3 billion KRW (approximately $79.5 million) for 65.19 percent of
It’s time to put an end to these dumb automatic customer support calls that ask you to press 1, then press 4, then press 2, then say “yes”… CallDesk is working on a virtual agent for customer support calls. Think something like Siri for customer calls. Point Nine Capital and EQT Ventures are investing in
Nokia brand licensee HMD Global is doubling down on the tech nostalgia card it pulled out back in February, by announcing a 3G version of the colorful candybar Nokia 3310 — now with support for a handful of apps. So as well as talk, text and the classic Nokia Snake game, it now touts the ability
Unfortunately, most funding networks are often old boys’ clubs. But more women-led investor firms like BB Ventures, Kapor Capital and Backstage Capital in the U.S. and Allbright in the U.K. are demonstrating to the VC world that you can bring real business AND be intentional about funding diverse ventures, at the same time. Who knew?
Naspers, the South African media and internet giant, has upped its stake in Delivery Hero, the Berlin based food-delivery giant that went public earlier this year and has a market cap of $6.8 billion. Naspers has acquired another 13 percent of the company, 22.4 million shares, equivalent to about €660 million ($775 million), from Rocket Internet.
The French tech scene — ‘La French tech’ as they like to call it — has been making waves recently, while France generally has been benefiting from the ‘Macron bounce’. So it’s only right that we highlight whats going on there at TechCrunch Disrupt Berlin, our premier European event. That means bringing over key players
Japanese news app Gunosy, which listed on the Tokyo Stock Exchange two years ago, has put its weight and money behind ambitious ad tech startup AdAsia. Singapore-based AdAsia, founded in April 2016 by Japanese ad execs Kosuke Sogo and Otohiko Kozutsumi, announced that it has raised a further $2.5 million in addition to the $12 million Series A
Earlier this year Thailand-based Omise held a $25 million ICO to develop a next-generation decentralized payment network, and now the company has closed an undisclosed investment from Thai bank Krungsri (Bank of Ayudhya). Omise has raised over $20 million in VC money — the ICO was for its Omise Go (OMG) division — but this new
Grab, Uber’s main rival in Southeast Asia, has made a move into dock-less bikes after the company quietly backed oBike. Singapore-based Grab invested in oBike — which was started in Singapore by Chinese founders and is present in 30 cities — as part of a $45 million Series B round that was announced in August, a
Facebook doesn’t just want to make it easy to sign up to be a blood donor from the News Feed. It’s also creating a special kind of post for requesting blood donations of a certain type in a certain location, and then notifying nearby donors that qualify. While many people are interested and willing to
Cambodia is set to become the newest battlefield for Uber and Grab’s ride on-demand battle after both companies expanded into the Southeast Asian country’s capital city Phnom Penh this week. Word that Grab, which recently raised $2 billion from SoftBank and Didi, is preparing to launch in the city slipped out this week. A spokesperson
Malicious hackers and security breaches that have exposed personal information of millions of people have pushed the issue of online security into the spotlight, not just for individuals but for organizations that do business with them. Now a company called Onfido, which has built a way to help websites verify people’s identities using a photo-based
Best Media Streamers of 2017 – http://cnet.co/2yIBZUA In addition to supporting 4K and HDR10, the newer, smaller Fire TV ushers in upgraded Alexa voice …
Tech companies — and the nation — have been slow to mobilize in response to the devastation wrought by last week’s catastrophic Hurricane Maria that decimated Puerto Rico, but today Facebook chief executive Mark Zuckerberg detailed the company’s response. With 90 percent of the island territory’s cell towers out of service, people on the island
What a country some of us live in. Earlier this morning, President Donald Trump said Facebook “was always anti-Trump.” Now, Facebook CEO Mark Zuckerberg has responded, posting on Facebook that the point of Facebook is to “give all people a voice and create a platform for all ideas.” He also said he regretted dismissing the
Amazon launched so much new stuff today that I can’t even remember what they all are (there might’ve been a fish in there, even), but there was a glaring omission in the slate of reveals: The Kindle. Amazon’s e-reader has a long and successful track record, with each successive model and iteration bringing some nice
Whether you call it fragmentation or flexibility, there are now seven Amazon Echo devices from which to choose. Today Amazon launched a slew of new smart home devices, so there’s one for every conceivable use case and living space set-up. That leaves competitor Google Home looking like a one-size-fits-none solution. Now there’s the Echo for
In the year of the $1000 iPhone Amazon just announced a scattering of new gadgets and none cost more than $150. Essentially, Amazon said “screws the margins” and are selling everything as cheap as possible. This race to the bottom is Amazon’s standard operating procedure. The company did it with Kindles e-readers and again with
Amazon went above and beyond today in terms of launching stuff – it debuted not one, not two, but six brand new devices at an event held at its HQ. One of the most interesting things it did today was not any particular piece of hardware it designed or built – but the way it’s
Uber is in court in the UK today to appeal a ruling by an employment tribunal last October which judged a group of drivers to be workers, rather than self-employed contractors. The decision made Uber liable for paying the drivers the UK’s national minimum wage, as well as holiday pay and providing work breaks. It also
Facebook may have dropped the ball with the U.S. presidential election, but it was much better prepared for last weekend’s federal election in Germany. Today, Facebook outlined all its efforts to prevent malicious actors from meddling in the election. “These actions did not eliminate misinformation entirely in this election – but they did make it harder
It’s a bank account and debit card built for the digital age. Chime is raising $18 million in Series B financing for its mobile-first approach to banking. Cathay Innovation led the round with participation from Northwestern Mutual Future Ventures, Crosslink Capital, Forerunner Ventures, Homebrew and others. Without monthly fees or overdraft charges, Chime tries to