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The PlayStation VR2 is a simultaneously exciting and disappointing development in the virtual reality space. Well-specced, easy to set up and reasonably light and comfortable, Sony’s latest still can’t shake the fundamental issues that have prevented VR from going mainstream: a lack of compelling content and despite a brand new 4K OLED display, distracting image
Amazon is joining the Indian government-backed e-commerce initiative that seeks to “democratize” online shopping in the South Asian market and amusingly challenge the very dominance of companies such as the American retail group. In a statement on Friday, Amazon said it will integrate its logistics network and SmartCommerce, its platform to digitize neighborhood stores, to
Google added privacy nutrition labels for apps on the Play Store last April, bringing more transparency to its Android marketplace in response to Apple introducing similar stringent rules. These labels allow developers to disclose and explain the variety of data their apps collect from users, giving the consumers a better understanding of what they are signing
Security researchers say they have uncovered a “new class” of vulnerabilities that could allow attackers to bypass Apple’s security protections in iOS and macOS to access users’ sensitive data. Trellix’s Advanced Research Center published details this week of the privilege escalation vulnerabilities — meaning they allow someone to gain an elevated level of access to
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide range of investors. Naspers, through its early-stage investment vehicle, Naspers Foundry, co-led the $15 million equity round (the SA-based investor also led Planet42’s previous
TechCrunch is thrilled to be shinning the spotlight at the Boston startup ecosystem, and we’re looking for some good early-stage startups to pitch their companies. On February 27, from 11:00-1:00 local time, TechCrunch is hosting a virtual event focused on Boston. The event features a pitch-off and conversations with pivotal investors and founders including Cait
African cross-border payments platform Chipper Cash conducted a second round of layoffs last Friday just ten weeks after it cut approximately 12.5% of its workforce (affecting its engineering team the most). The company’s V.P. of revenue shared the news on LinkedIn, saying “all areas” across Chipper Cash’s markets were impacted this time. “Friday was a
Facebook-parent Meta has launched a subscription service, called Meta Verified, that will allow users to add the coveted blue check mark to their Instagram and Facebook accounts for up to $15 a month by verifying their identity, its chief executive Mark Zuckerberg said on Sunday, tapping a new revenue channel that has returned mixed success
Earlier this month, a suspected Chinese spy balloon drifted over much of the continental United States before an F-22 military fighter jet shot it down off the east coast. The event has put a massive strain on the already-fragile U.S.-China relations, with China maintaining that the errant balloon was simply collecting weather data. Shooting down
Web3 gaming company Unagi today announced a €4.7 million ($5 million) seed round of funding, as the French startup prepares to expand its NFT fantasy sports platform beyond football (“soccer”) and into the basketball realm. Unagi, which doesn’t yet have its own website, was founded out of Paris by Charlie Guillemot, son of Ubisoft co-founder
French startup Brigad just raised a new $30 million funding round (€28 million) as well as more than $5 million in debt. The company operates a marketplace for restaurants, caterers, private clinics, retirement homes and hospitals so that they can find freelancers for short-term missions. Balderton Capital is leading the round, with Wendel Group, Serena
At Andreessen Horowitz’s recent American Dynamism summit, Hadrian founder and CEO Chris Power painted a picture of the country in peril. “I’m here to talk to you about an existential risk to the future of the Republic and how Hadrian is trying to solve it,” he began. His words – a mix of rationalism and
Peacock continues to shift its focus to paid subscriber growth. Yesterday, the streamer began notifying Xfinity customers that on June 26, 2023, Peacock Premium will no longer be bundled in at no extra charge, an NBC Universal spokesperson confirmed to TechCrunch. Plus, starting on April 3, new Xfinity subscribers will be able to get six
Last week, China’s lidar maker Hesai raised an upsized IPO in the U.S. at a time the industry is reeling from layoffs, bankruptcy, and consolidation. The Shanghai- and California- based company, which makes the sensing technology critical to autonomous driving and increasingly advanced driver assistant systems, raised $190 million from its public offering on Nasdaq.
Xiaomi — the company that originally made its name as “the Apple of China” — broke out of its home market and became a household name in India shortly after its debut in 2014. Its initial, rapid success was with phones, but that gave Chinese company the velocity to take on other product categories, where
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week.
Emerging Indian social media app Slick left an internal database containing users’ personal information, including data of school-going children, publicly exposed to the internet for months. Since at least December 11, a database containing full names, mobile numbers, dates of birth, and profile pictures of Slick users was left online without a password. Bengaluru-based Slick
If your marketing plan doesn’t include TikTok, YouTube Shorts, or Instagram Reels, well, can you really call it a marketing plan? Video content is vital for driving early engagement, which is why growth expert Jonathan Martinez (formerly of Postmates, Uber and Chime) shares four tactics for getting started: Leverage creator marketplaces Produce short-form videos Build