Payments infrastructure firm Infibeam Avenues has acquired a majority 54% stake in Rediff.com for up to $3 million, a dramatic twist of fate for the 28-year-old business that was the first Indian internet firm to list on NASDAQ back in the year 2000. Founded in 1996, Rediff rode the initial …...Read More

As widely reported, Wiz recently said no to a $23 billion acquisition offer from Google. At that price, it would have been Google’s biggest acquisition ever. It’s possible the Google team got cold feet during due diligence, or there may have been concerns that regulators would have challenged an acquisition …...Read More

The Appellate Court of Montenegro ruled on Thursday that Terraform Labs co-founder, Do Kwon, should be returned to his home country, South Korea. The ruling confirmed an earlier decision in April from the High Court of Podgorica which rejected a request to extradite the crypto fugitive to the U.S. The …...Read More

A day after Meta CEO Mark Zuckerberg talked about his newest social media experiment Threads reaching “almost” 200 million users on the company’s Q2 2024 earnings call, the platform has touched the milestone. Instagram head Adam Mosseri confirmed that the Twitter rival has reached 200M active users in a post …...Read More

TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited! Disrupt brings innovation for every stage of your startup journey, and we could not bring you this world-class event without our world-class partners. Take advantage of the opportunity to leverage the expertise and resources of …...Read More

Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan to reduce spending by $10 billion in 2025, following a dismal second quarter earnings report and outlook. “Our revenues have …...Read More

Following the recent lawsuit filed by the Recording Industry Association of America (RIAA) against music generation startups Udio and Suno, Suno admitted in a court filing on Thursday that it did, in fact, train its AI model using copyrighted songs. But it claimed that doing so was legal under the …...Read More

Apple on Thursday announced that it its third-quarter financials beat Wall Street expectations, as its overall revenue ticked up 5%. iPad, which had languished in recent years, saw the biggest category increase for the quarter, up from $5.8 billion to $7.2 billion year-over-year. Tablet sales, fueled by the line’s largest …...Read More

Molly Alter wears a lot of hats. She’s a mocumentary film maker working on a project about an alternate reality where charades is big business. She’s a caesar salad connoisseur and documents her rankings of different restaurants’ attempts on a blog called JULIUS. She’s also Northzone’s newest partner. Alter’s path …...Read More

Molly Alter wears a lot of hats. She’s a mockumentary film maker working on a project about an alternate reality where charades is big business. She’s a caesar salad connoisseur and documents her rankings of different restaurants’ attempts on a blog called JULIUS. She’s also Northzone’s newest partner. Alter’s path …...Read More