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Being a staggeringly successful big tech company does have some downsides: Apple has lost an appeal against a special abuse control regime that Germany’s competition watchdog applied to it last year. The iPhone maker can expect to continue to face bespoke competition controls in a major European market, in addition to other similar laws (such […]
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Google is making the biggest acquisition in its history. The company’s parent company Alphabet is acquiring Wiz, the cloud security startup, for $32 billion, our sources say. The deal will still need regulatory and other approvals before closing. From what we can see, Google and Wiz have yet to confirm anything official. Other outlets are […]
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Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million in a Series C round of funding. The Chicago-based startup says its valuation has now quadrupled since its Series B round two years ago, and is now firmly in unicorn territory — though the company wouldn’t reveal […]
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Y Combinator-backed Nigerian food procurement startup Vendease has changed its employee pay structure and is seeking fresh capital, TechCrunch has learned. This is after laying off 44% of its workforce — around 120 employees —last month, marking its second round of job cuts in five months. In the latest development, the startup has now replaced […]
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U.S. President Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid other uncertainty — actions that will inevitably impact the technology sector, too. Today, however, one food e-commerce startup, GrubMarket, is announcing a new equity round of $50 million on a raised valuation of over $3.5 billion — a signal of […]
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African businesses pay up to four times the global average to transport goods. Nairobi-based logistics SaaS provider Leta wants to change that.
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Waymo has been given permission to map roadways at the San Francisco International Airport (SFO) via a temporary permit — the first step in the Alphabet company’s bid to unlock a potentially lucrative use case for its robotaxis. The temporary permit, which was announced Monday evening by San Francisco Mayor Daniel Lurie, kicked off March […]
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