Tech

European Union lawmakers have agreed a way forward on regulating the traceability of crypto assets being traded in the bloc. The rules are intended to curb the use of crypto for money laundering and terrorism financing by bringing in compliance requirements for crypto service providers, such as trading platforms. The provisional agreement on a new

European Union lawmakers are proposing to ban flavored heated tobacco products — a category that covers vaping — in a move they say is intended to protect the health of young people after a “significant” rise in sales of novel heated tobacco products. The EU has set itself a goal of creating a ‘tobacco free

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the

You’ve brushed off your Keynote skills, you’re giddy that you’re finally going to be able to start paying yourself a living wage, and you are excited to start pitching your startup’s next round of funding to your investors. It’s heady times, for sure, but hit the other pedal there for a moment, friend — you

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

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Tech innovation is a cycle, especially in the main character-driven world of early-stage venture capital and copycat nature of startups. The latest proof? Y Combinator this week announced Launch YC, a platform

This week’s Supreme Court decision to curtail the Environmental Protection Agency’s ability to regulate greenhouse gas emissions may not have been unexpected, but it was still a bombshell. Not only did it kill the prospect of quick executive action on the matter, it potentially cut off a number of regulatory solutions. The EPA had sought

Tesla delivered 254,695 electric vehicles globally in the second quarter, a nearly 18% drop from the previous period as supply chain constraints, China’s extended COVID-19 lockdown and challenges around opening factories in Berlin and Austin took their toll on the company. This is the first time in two years that Tesla deliveries, which were 310,048

Amazon has agreed to simplify the process required for cancelling its Prime membership subscription service across its sites in the European Union, both on desktop and mobile interfaces, following a series of complaints from regional consumer protection groups. The coordinated complaints about Amazon’s confusing and convoluted cancellation process for Prime were announced back in April

Fleetzero has an ambitious goal: to compete with global shipping companies with its own boats, powered entirely by electricity. The company just secured $15.5 million in new funding and is looking for the first ship to convert to run on its shipping container-shaped batteries. The company’s plan, described in detail here, is to convert existing

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. The company noted that US developers who made less than $2 million each

Medical diagnostics company Visby Medical raised $100 million in a Series E round earlier this year. Today, the company told me it extended that round by an additional $35 million at the same valuation as the rest of the round. This financing will enable Visby Medical to scale production capacity from tens to hundreds of

Somehow June is over in just a few hours, meaning that we are trotting toward the third quarter’s starting line. Leaving aside the uncomfortably rapid pace at which time is flying past us, entering a new financial reporting period is an excellent moment to pause, reflect and work out the key questions for the upcoming

As climate change continues to be a forefront issue globally, many are petitioning for change and finding unique solutions to solving this issue. Twelve, a self proclaimed “carbon transformation company” is attempting to be part of the solution by turning captured CO2 into products usually made from fossil fuels. According to co-founder and CEO Nicholas

AlgiKnit is on a mission to offer more environmentally conscious materials for the heavily polluting fashion and textile industries. The startup is developing materials from seaweeds such as Macrocystis Pyrifera, one of the planet’s most renewable and regenerative organisms, creating yarns and fibers that don’t rely on petroleum or toxic chemicals. Aleks Gosiewski, Aaron Nesser

Y Combinator has announced Launch YC, a platform where people can sort accelerator startups by industry, batch and launch date to discover new products. The famed accelerator, which has seeded the likes of Instacart, Coinbase, OpenSea and Dropbox, invites users to vote for newly launched startups “to help them climb up the leaderboard, try out

Snežana Gebauer Contributor Snežana Gebauer, a partner with StoneTurn, has 20 years of experience in managing complex international investigations for major law firms, Fortune 500 corporations, government agencies and sovereign nations. The economic sanctions that have been imposed following the war in Ukraine pose an intricate set of challenges for private equity (PE). Sanctions are

Few consumer electronics categories matured as quickly as wireless earbuds. We went from the first good implementation of the technology to near ubiquity, seemingly overnight. Suddenly a good pair is cheap and they seem to be everywhere. It’s precisely for this reason that it’s become nearly impossible to distinguish yourself from the masses of companies

LG officially pulled the plug on its smartphone division in April of last year. It was another signpost in a dramatically changing mobile market that had left the electronics giant behind. HTC tends to be lumped into that conversation, though the Taiwanese manufacture has – in spite of everything – continued to press on, even

Selling your company — or not selling your company — is a complicated decision. Price, timing, pride, and a host of other factors play into the decision. Hell, you might simply enjoy running the business, be it a startup, unicorn, or public-market behemoth. Sometimes the decision is made for a company’s leadership team. Zendesk’s work

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back to cover the biggest, boldest and baddest technology news. This week we are not recording on a Tuesday as it’s a regular week. Though we would add that Equity will

Edtech up-skilling platform Degreed has acquired Learn In, which creates talent resource hubs for employers to better spin up education services for their teams. While we’d nearly always cover a notable acquisition in a relevant tech sector, the extra interesting bit here is a personnel one: both companies were co-founded by the same entrepreneur, David

When it comes to moving the transportation sector over to EVs, commercial fleets are probably some of the lowest hanging fruit. More often than not, they have consistent routes, reserved off-hour parking, and cost a lot less to drive and maintain. But for many commercial operators, EVs are still a wildcard. Gagan Dhillon and Andrew

LG Electronics has acquired AppleMango, a South Korean electric vehicle battery charger developer, as the race to produce everything related to EVs ramps up globally. The acquisition, which was made jointly with GS Energy, an EV charging station operator, and GS Neotek, an IT provider, will allow LG to take advantage of future business opportunities,

As Google works on reconfiguring its adtech stack to move away from cookie-based ad targeting to something else that’s not yet fixed but which it claims will be better for individual web users’ privacy — and after Apple’s move last year to lock down third party tracking of app users on iOS, also on a

Cashify, a marketplace for gadgets trade-ins and buybacks in India, has raised $90 million in a new financing round as it looks to expand its business in the world’s second-largest smartphone market. Prosus Ventures and NewQuest Capital Partners led the seven-year-old Indian startup’s Series E funding, Cashify said on Thursday. Paramark Ventures and existing backers

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. My home country’s president, Emmanuel Macron, wants to have 100 French unicorns by 2030. Economy minister Bruno Le Maire, 10 homegrown decacorns. But shouldn’t

Hello from America, where we are digesting some pretty big news. Given the portent and weight of what’s going on today, it may feel a bit weird to sit down and read about billions of dollars of someone else’s money. But this is a technology startup and financial news site. So, to work. Just know