Tech

There’s a strategic cost to the defection of Visa, Stripe, eBay, and more from the Facebook-led cryptocurrency Libra Association. They’re not just names dropping off a list. Each potentially made Libra more useful, ubiquitous, or reputable. Now they could become obstacles to the token’s launch or growth. Fearing regulators’ inquiries not just into their Libra
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Digital media holding company IAC has taken the next step toward spinning off Match Group, with a proposal outlining what that process would look like. Match Group (which owns Tinder, PlentOfFish, OkCupid, Hinge and of course Match itself) is already a publicly-traded company, but IAC remains the majority owner. With the spinoff, IAC says it
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The European Union is putting under the microscope the rollout of new, high-speed mobile networking technologies known as 5G in a move that could affect the technology’s dominant company — Huawei. Regulators focused on specific security threats linked to technology providers headquartered in countries with “no democratic and legal restrictions in place,” according to a
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The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Apple pulls HKmap from App Store, the day after Chinese state media criticized its ‘unwise and reckless decision’ to approve it
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New Vector, a European startup founded in 2017 by the creators of an open, decentralized communications standard called Matrix to drive adoption and grow an ecosystem around an alternative messaging protocol for instant messaging and VoIP apps, has raised an $8.5 million Series A funding round. Investors in New Vector’s Series A round include enterprise
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Suse, the newly independent open-source company behind the eponymous Linux distribution and an increasingly large set of managed enterprise services, today announced a bit of a new strategy as it looks to stay on top of the changing trends in the enterprise developer space. Over the course of the last few years, Suse put a
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Group Nine — the digital media company formed by the merger of Thrillist, NowThis, The Dodo and Seeker — just announced that it has reached an agreement to acquire women’s lifestyle publisher PopSugar. The financial terms of the deal were not disclosed, but The Wall Street Journal reports that it’s an all-stock transaction that values
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Back in May, Tourlane raised $47 million in its ongoing mission to address the complex problems that still exist today around booking group travel. Tourlane has become a major player in this sector. We’re excited to announce that co-founder/co-CEO Julian Stiefel will be speaking at Disrupt Berlin in December! Tourlane works directly with service providers
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Several months back, we invited HTC cofounder and CEO Cher Wang to appear on stage at TechCrunch Disrupt. Sometimes, however, life happens. Two weeks ago, the company announced that Wang would be stepping down from the role, which would immediately be filled by longtime telecom vet, Yves Maitres. Thankfully, the former Orange exec also agreed
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