Online grocery startup Kurly scraps IPO amid market uncertainty

Kurly, a South Korean startup that provides next-day grocery delivery service, just announced that it has called off its plan to go public amid worsening economic situations that have put startups’ market debuts on hold. “We have decided to postpone listing on the Korea Exchange (KOSPI), considering market sentiment remained weak amid the global market … Read more

Twitter goes down for many in Australia, users say

Twitter users in Australia and New Zealand have been facing issues accessing the service for over 12 hours, they say, as the Elon Musk-owned social network continues to grapple with reliability challenges amid cost-cutting measures. The outage began at around 2 p.m. Pacific Time Tuesday, according to user tweets and DownDetector (Australia and New Zealand), … Read more