TechCrunch Industry News

Glance, a subsidiary of adtech giant InMobi Group, is planning to launch its lock screen platform on Android smartphones in the U.S. within two months, a source familiar with the matter told TechCrunch. The startup is engaging with wireless carriers in the U.S. for partnerships and is gearing up to launch on several smartphone models […] Learn more about your ad choices. Visit podcastchoices.com/a...

Some drone industry consolidation this morning as Ondas Holdings, the company behind Waltham, Massachusetts–based American Robotics announced its plans to acquire Airobotics. It’s admittedly been a few years since we covered the latter, when the Israeli firm announced a combined $28.5 million A/B round. To date, the company has raised $130 million since its 2014 […] Learn more about your ad choice...

In the aftermath of the Supreme Court’s decision to strip federal abortion rights in the U.S., many people are questioning how the apps they use every day might suddenly be turned against them. As concerns over the endless well of data that tech companies built an entire industry around mount, Google is taking at least […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Three years after Facebook announced its ill-fated push into cryptocurrency, aka the Libra project, the tech giant has signalled another scaling back of its activity — announcing Friday that Novi, the digital wallet payments pilot it launched last October, will be ending on on September 1. In a statement provided to CoinDesk, the tech giant […] Learn more about your ad choices. Visit podcastchoice...

Google said Thursday it will pay $90 million to settle a lawsuit with US developers that accused Google of abusing its power of app distribution and charging an unfair fee of 30% for app purchases and in-app purchases made through the Play Store. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Software Freedom Conservancy, a not-for-profit organization that provides support and legal services for open source software projects, has called on the open source community to ditch GitHub after quitting the code-hosting and collaboration platform itself. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apple announced Thursday that developers can now use a third-party payment system for the South Korea App Store. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startup EV manufacturer Drako Motors previewed today the follow-up to its $1.25 million Drako GTE: the 2,000-horsepower Drako Dragon Super-SUV. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tesla has gutted the data annotation team working on Autopilot, laying off nearly 200 employees and shutting down the San Mateo, California office where they worked. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Arzooo, an Indian startup that is attempting to bring the “best of e-commerce” to physical retail shops, has raised $70 million in a new financing round as it looks to scale its platform to more cities. Learn more about your ad choices. Visit podcastchoices.com/adchoices

US House of Representatives Speaker Nancy Pelosi said Tuesday that Democrats are considering the introduction of legislation that could protect the abortion rights of citizens. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As the cannabis markets are maturing, we’re seeing new opportunities rise to the surface. JourneyOne ventures told TechCrunch it’s closed a $10 million fund and has started making its first few investments. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The promise of STEAM robots, which are billed to increase children’s interest in science, technology, engineering, arts, and mathematics (STEAM), has been around for years. The market is teeming with products from hardcore robotics scientists and their copycats. Many have faded away, but investor interest hasn’t died down, at least for one company coming from […] Learn more about your ad choices....

Volkswagen Group unveiled its ID.AERO concept in China on Monday — slated to serve as the inspiration behind the automaker’s flagship EV, and first-ever global all-electric sedan, next year. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As companies grow they expose more of themselves online and become harder to defend in terms of cybersecurity. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Any given year, the real unsung highlight of re:Mars are the dozen or so startups and researchers who show off their wares on the show floor. There are always a couple of cool projects that have somehow managed to escape our radar, thus far. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Einride, the Swedish startup that wants to electrify the autonomous freight industry, will begin operating its purpose-built, self-driving pods on public roads in the U.S. this year as part of an existing partnership with General Electric Appliances (GEA). Learn more about your ad choices. Visit podcastchoices.com/adchoices

Uber said on Thursday it has never explored exiting India, a key overseas market for several tech giants, dismissing a claim that it has had held discussions to sell the local unit. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As part of its ongoing efforts to expand into e-commerce, Twitter today announced a new partnership with Shopify. The deal will see Twitter launching a sales channel app that will be made available to all of Shopify’s U.S. merchants through its app store. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In mid-May, Wingcopter announced an extremely ambitious plan to deploy some 12,000 of its fixed-wing UAVs in Sub-Saharan Africa over the next half decade. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Singapore-based Stashfin has raised $270 million in a new funding round as the neobanking platform, which currently only serves customers in India, looks to expand to Southeast Asia and other South Asian markets, it said Tuesday. Learn more about your ad choices. Visit podcastchoices.com/adchoices

NFT marketplace Magic Eden, launched just nine months ago, has raised $130 million in a Series B round co-led by Electric Capital and Greylock Partners, bringing its valuation to $1.6 billion. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power supply, despite knowing the promise of crypto as a way to evade international sanctions. Learn more about your ad choices. Visit podcastchoices.com/adchoices

RansomHouse, a ransomware gang, has claimed responsibility for the cyberattack on Shoprite, Africa’s largest retailer. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Three months after announcing it would make a big push into software and enterprise, fintech giant Brex is apparently abandoning the very segment it started out to serve – small and medium-to-sized businesses. Learn more about your ad choices. Visit podcastchoices.com/adchoices