Monthly Archives: August 2024

The Paris Olympics Promised Flying Taxis—Here’s Why They Failed to Launch

Futuristic plans for tourists to fly over Paris stalled as critics derided flying taxis as an “absurd” invention, that will “only benefit a few ultra rich people.”

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CoinSwitch sues WazirX to recover trapped funds

CoinSwitch, a prominent Indian cryptocurrency exchange, is suing rival platform WazirX to recover trapped funds. © 2024 TechCrunch. All rights reserved. For personal use only.

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Klarna: AI lets us cut thousands of jobs – but pay more

The firm wants to reduce staff levels to 2,000 works through its use of AI in marketing and customer service.

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Brave lays off 27 employees

Web browser and search startup Brave has laid off 27 employees across the different departments, TechCrunch has learned. The company confirmed the layoffs but didn’t give more details about the total headcount left and the reason for the layoffs. It … Continue reading

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Zepto, snagging $1 billion in 90 days, projects 150% annual growth

Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the Indian delivery startup anticipates growth of 150% in the next 12 months, a remarkable figure suggesting the fast-growing quick commerce market in India is showing … Continue reading

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Man posing as teen YouTuber jailed for global sextortion

Muhammad Zain Ul Abideen Rasheed blackmailed 286 people – majority of them children – from 20 countries.

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India’s VerSe buys Valueleaf to boost digital marketing

VerSe Innovation, India’s content tech startup, has acquired digital marketing firm Valueleaf Group to bolster its presence in the Indian digital ad space. © 2024 TechCrunch. All rights reserved. For personal use only.

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Cryptocurrencies tumble amid a wave of long liquidations, bitcoin falls under $60,000

Cryptocurrencies fell sharply Tuesday evening as Asia futures pointed down, triggering a wave of liquidations on Bybit exchange.

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Barbie can beat smartphone addiction, firm claims

Manufacturer HMD says it is trying to help people who want less ‘digital impact’ in their lives.

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Esports champ wants to get into real world of motorsport

Luke Bennett won a cash prize after winning the sim racing event at the Esports World Cup in Riyadh.

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