Venture Highway announces $78.6M second fund to invest in early-stage startups in India

TechCrunch ist jetzt Teil der Verizon Media-Familie. Wir (Verizon Media) und unsere Partner benötigen Ihre Einwilligung, um auf Ihr Gerät zuzugreifen, Cookies zu setzen und Ihre Daten einschließlich Ihres Standorts zu nutzen, um mehr über Ihre Interessen zu erfahren, relevante Werbung bereitzustellen und deren Effektivität zu messen. Verizon Media stellt Ihnen zudem relevante Anzeigen auf […]

Reliance Industries acquires a majority stake in SaaS startup NowFloats for $20M

Reliance Industries, one of India’s largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup that helps businesses and individuals build online presence without any web developing skills. In a regulatory filing on Thursday, Reliance Strategic Business Ventures Limited said (PDF) it has acquired an 85% stake in NowFloats for 1.4 billion Indian […]

Is Facebook dead to Gen Z?

The writing is on the wall for Facebook — the platform is losing market share, fast, among young users. Edison Research’s Infinite Dial study from early 2019 showed that 62% of U.S. 12–34 year-olds are Facebook users, down from 67% in 2018 and 79% in 2017. This decrease is particularly notable as 35–54 and 55+ […]

Facebook’s video calling Portal devices add WhatsApp login, new features and content

Facebook is making its line of Portal-branded smart video calling devices more relevant to consumers, including those who don’t even have a Facebook account. The company today says its Portal family of products will now work with just a WhatsApp account, allowing users to make video calls to friends and family, as well as access […]

Facebook updates crisis response tools, adds WhatsApp integration

Facebook is expanding Crisis Response, its disaster-reporting and communications feature that’s been used in 300 crises in more than 80 countries. The company today is announcing several new features, including WhatsApp integration, support for first-hand information sharing and an expansion of its “Data for Good” tools for things like better disaster and displacement maps. Crisis […]

India says law permits agencies to snoop on citizen’s devices

The Indian government said on Tuesday that it is “empowered” to intercept, monitor, or decrypt any digital communication “generated, transmitted, received, or stored” on a citizen’s device in the country in the interest of national security or to maintain friendly relations with foreign states. Citing section 69 of the Information Technology Act, 2000, and section […]

Facebook’s new branding distinguishes app from acquisitions

Facebook wants more people to know it owns Instagram, WhatsApp and Oculus while still maintaining a distinct identity for its main app. So today Facebook launched a new capitalization and typography format for its company name, using all capital letters and a shifting color scheme that highlights Instagram’s purple gradient and WhatsApp’s green tint. “Over […]

An interview with economist Thomas Philippon, author of ‘The Great Reversal’

Economist Thomas Philippon’s new book, “The Great Reversal: How America Gave Up on Free Markets,” went on sale this past week, highlighting the United States’ failure to block the country’s largest companies from inhibiting fair competition. Alongside my review of the book, I spoke with Philippon to dig deeper into why entrepreneurs and venture investors […]

India moves closer to regulating internet services as it fears ‘unimaginable disruption to democracy’

India said on Monday that it is moving ahead with its plan to revise existing rules to regulate intermediaries — social media apps and others that rely on users to create their content — as they are causing “unimaginable disruption” to democracy. In a legal document filed with the country’s apex Supreme Court, the Ministry […]

New Vector scores $8.5M to plug more users into its open, decentralized messaging Matrix

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 […]