Facebook bans politician of India’s ruling party for violating hate speech

Facebook has banned a politician from India’s ruling party, Bharatiya Janata Party, for violating its policies against hate speech on its platform, the company said today, weeks after inaction on the politician’s posts landed the social giant in hot water in its biggest market by users. The company said it had removed profiles of T. […]

Google signs up six more partners for its digital banking platform coming to Google Pay

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Layoffs at Lime and Getaround herald rise of profit-hungry unicorns

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PayPal is the first company to drop out of the Facebook-led Libra Association

PayPal has become the first company to walk away officially from Facebook’s Libra, a cryptocurrency and related association that it announced earlier this year with a chain of nearly 30 big names behind the effort to help build and operate services around it. “PayPal has made the decision to forgo further participation in the Libra Association […]

The cult of the founder and Silicon Valley’s lack of moral authority

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate and Alex were back at TechCrunch’s San Francisco headquarters to chat the news with Kleiner Perkin’s Mamoon Hamid. Hamid is best known as a former member of the Social Capital team, and for driving generational […]

As college football attendance slumps, new ways to ticket may hold an answer

Jesse Lawrence Contributor Jesse Lawrence has been in media and tech for 20 years. Prior to TicketIQ, he worked at MediaMath and IAC. He started his career as a writer. More posts by this contributor As college football attendance slumps, new ways to ticket may hold an answer The Golden Knights, live gambling and the […]

SoftBank reportedly plans to lend employees as much as $20 billion to invest in its VC fund

SoftBank has a plant to loan up to $20 billion to its employees, including CEO Masayoshi Son, for the purposes of having that capital re-invested in SoftBank’s own Vision venture fund, according to a new report from the Wall Street Journal. That’s a highly unusual move that could be risky in terms of how much […]

Alphabet, Apple, Amazon and Facebook are in the crosshairs of the FTC and DOJ

The last time that technology companies faced this kind of scrutiny was Google’s antitrust investigation, or the now twenty-one year old lawsuit brought by the Justice Department and multiple states against Microsoft. But times have changed since Google had its hearing before a much friendlier audience of regulators under President Barack Obama . These days, […]

Startups Weekly: All these startups are raising big rounds

TechCrunch’s Connie Loizos published some interesting stats on seed and Series A financings this week, courtesy of data collected by Wing Venture Capital. In short, seed is the new Series A and Series A is the new Series B. Sure, we’ve been saying that for a while, but Wing has some clean data to back […]

Visa policies threaten innovation but aren’t stopping hiring abroad

The growing intensity of the US visa approval process has made it more difficult for companies to attract, support and retain foreign talent. However, recruiters are still sourcing talent from abroad at an increasing clip. According to a recent, roughly 30-page, report published by Envoy – the corporate workforce immigration management platform – US corporate […]