India’s Money View is in talks to raise a new round of funding at a unicorn valuation, two sources familiar with the matter told TechCrunch, in a boost to the local fintech community that has been rattled by the central bank’s stringent guidelines and funding crunch in recent months. Apis Partners is deliberating leading a … Read more
2050 is an important year for climate tech, with the Paris Agreement calling for emissions to reach net zero by then. In a conversation with GenZero’s Frederick Teo for SOSV’s Climate Tech Summit, we talked about realistic paths to hitting that goal and how startups can tackle what Teo called one of the most existentialist … Read more
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Other unspecified categories of apps have also been paused. | Illustration by Alex Castro / The Verge Apple has “paused ads related to gambling and a few other categories on App Store product pages” after developers and commentators criticized the types of advertisements showing up in the iPhone’s App Store, according to a statement from … Read more
Some of the tokens have soared in recent days, although they are not licensed or have an affiliation with World Cup teams. An analyst says they “have little to no intrinsic value.”
Image: Getty Images Toward the end of Meta’s earnings call on Wednesday discussing the company’s results for Q3 2022, CEO Mark Zuckerberg took a moment to address his metaverse doubters. “Look, I get that a lot of people might disagree with this investment, but from what I can tell, I think this is going to … Read more
Image: Getty Images Toward the end of Meta’s earnings call on Wednesday discussing the company’s results for Q3 2022, CEO Mark Zuckerberg took a moment to address his metaverse doubters. “Look, I get that a lot of people might disagree with this investment, but from what I can tell, I think this is going to … Read more
The billionaire entrepreneur is supposed to close his purchase of the social media platform on Friday.
Illustration by Nick Barclay / The Verge Disney could soon start using your Disney Plus viewing habits to influence your experience at its parks — and vice versa. In an interview at The Wall Street Journal’s Tech Live event, Disney CEO Bob Chapek said the company’s working on a way to tailor both experiences based … Read more
On today’s quarterly earnings call, Meta founder and CEO Mark Zuckerberg was on the defensive when it comes to the company’s investment in the metaverse. Once again, the company lost more than $3 billion dollars to its Reality Labs division this quarter, and Meta’s net income took a big hit. Since rebranding from Facebook to … Read more
Illustration by Laura Normand / The Verge With about 48 hours to go in the judge-mandated timeline to close his deal to buy Twitter for $44 billion, Elon Musk has arrived at the company’s San Francisco base of operations and is certainly walking around like he owns the place, which gives off the vibe that, … Read more
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Wednesday, and we’re excited to bring you another round of our esteemed Daily Crunch newsletter. There’s a wide variety of morsels, nuggets, and other bite-sized delights, so let’s go! — Christine and … Read more
Illustration by Nick Barclay / The Verge The Wire, the Indian news outlet that published an explosive and now-retracted story on Meta earlier this month, says it was subject to “deception” by one of the members of its “Meta investigation team.” In an update posted on its site today, The Wire apologizes for running the … Read more
A follow-up to the Quest 2, Meta is launching another consumer-grade virtual reality headset next year. The company announced this during today’s Q3 earnings call, in which the company marked yet another $3 billion quarterly loss to its metaverse investments. But CFO David Wehner says that some of this continued cost can be explained via … Read more
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The New York-based exchange will start with five digital assets on offer in its SEC compliant trading system, which will “seamlessly integrate with legacy securities trading systems.”
As the third-quarter earnings drumbeat continues, we learned more about the state of global supply chains, global consumer appetite for big-ticket items and the future of self-driving technology. After the bell this afternoon, Ford beat Wall Street analyst revenue estimates of $36.25 billion, per Yahoo Finance, with automotive Q3 2022 top line of $37.2 billion, … Read more
Earlier this year, Meta posted its first quarterly revenue decline. Once again, Meta’s financials aren’t inspiring much faith in its investors this quarter. Meta’s revenue declined 4% year over year to hit $27.7 billion; but Meta CFO David Wehner pointed out on the earnings call today that some of this decline is owed to inflation. … Read more
Jeffrey Yass, founder of Susquehanna International Group, gave 100 bitcoin worth more than $1.9 million to a crypto-supporting super PAC.
