Sony’s new PlayStation Plus subscriptions are off to a rocky start

Illustration by Alex Castro / The Verge The number of people subscribing to Sony’s PlayStation Plus fell from 47.3 million to 45.4 million this quarter, the company announced in its latest earnings release. It’s the subscription service’s third quarterly decline in a row, and comes despite Sony launching a revamped subscription lineup between May and … Read more

Cover Genius lands $70M infusion to grow its embedded insurance business

In 2014, Angus McDonald, the former head of publisher partnerships at Yahoo (full disclosure: TechCrunch’s parent company), teamed up with ex-Googler Chris Bayley to found Cover Genius, an insurtech platform that prices and handles claims for virtually any line of insurance or warranty. After expanding the business to all 50 U.S. states and more than … Read more

Rapyd Ventures backs Indian fintech-as-a-service startup Decentro

India’s Decentro, the Y Combinator-backed startup that helps companies enter the fintech market by deploying its APIs, has raised $4.7 million in a Series A round. The Bengaluru-based startup offers banking and payments APIs that allow development of fintech products such as banking, payment cards, neobanking and collections and payout services in a short period … Read more

Indonesia weighs blockchain-powered carbon trading scheme

Indonesia wants to direct the blockchain craze toward greener use. The Indonesia Stock Exchange (IDX) has signed a memorandum of understanding with Metaverse Green Exchange (MVGX), a Singaporean startup that specializes in digital exchange technology. The intended collaboration centers around IDX’s emission trading scheme that is slated to launch in 2025, and MVGX’s job is … Read more