Brazil, the second largest market for WhatsApp, has suspended the instant messaging app’s mobile payments service in the country a week after its rollout in what is the latest setback for Facebook. In a statement, Brazil’s central bank said it was taking the decision to “preserve an adequate competitive environment” in the mobile payments space […] …Continue Reading

Qupital, a trade financing platform, announced today that it will partner with eBay as one of its officially recommended Hong Kong financing service providers. In today’s announcement, Qupital said it will provide offshore financing services, including working capital, to eBay sellers in China and Hong Kong through QiaoYiDai, its main product. The agreement with eBay […] …Continue Reading

AngelList, a platform that helps startup founders discover and connect to angel investors and job seekers, on Wednesday branched out to a new category in India to further serve the ecosystem. The startup platform said its new product, called EquityList, allows founders to easily manage their cap table, which as the name suggests, is a […] …Continue Reading

Segway’s story can’t be told without rehashing its entry onto the scene as one of the most hyped tech products of the early 21st century. Alternately codenamed “Ginger” and “IT,” the personal mobility device engendered serious conversations among futurists about the ways in which it would transform sidewalks and cities. Nearly 20 years after its […] …Continue Reading

Google is showing off one of the most impressive efforts yet turning traditional photography and video into something more immersive: 3D video that lets the viewer change their perspective and even look around objects in frame. Unfortunately, unless you have 46 spare cameras to sync together, you probably won’t be making these “light field videos” […] …Continue Reading

Zopa, the 15-year-old peer-to-peer lending company, is announcing that it has been awarded its full U.K. bank licence, as it gears up to launch a fixed-term savings account, followed by a credit card. Dubbed “Zopa Bank,” the new challenger bank will sit alongside its existing peer-to-peer lending business, under Zopa Group, creating what the veteran fintech […] …Continue Reading

Dig into the guts of a 2020 Mercedes-Benz — or just about any modern luxury vehicle — and dozens of electronic control units (ECU) will appear. Traditional automakers have historically added ECUs as they have added more technology, a practice that has introduced complexity and cost as well as limitations that newer rivals like Tesla […] …Continue Reading

Two months after Quibi’s high-profile launch as a short-form mobile-native TV app led by Jeffrey Katzenberg and Meg Whitman, it is evident the startup is greatly underperforming relative to the hundreds of millions of dollars already spent on content and marketing.  According to a Wall Street Journal report, “daily downloads peaked at 379,000 on its […] …Continue Reading

TaskRabbit CEO Stacy Brown-Philpot announced today that she is stepping down from her role at the freelance labor marketplace. Brown-Philpot joined TaskRabbit seven years ago as the company’s chief operating officer and was promoted to CEO in the spring of 2016. In the fall of 2017, the company was acquired by Ikea for undisclosed terms […] …Continue Reading

The future of Accelerated Digital Ventures (ADV), the U.K. early-stage investment firm now majority owned by Legal & General, is in flux after three of its founders have lost their seat on the board, TechCrunch has learned. ADV’s investments include Push Doctor, WeFarm and Perlego, amongst many others. Rumours began circulating earlier this month within the […] …Continue Reading

Forecast, a new project from Facebook’s internal R&D group, NPE Team, is launching today to build a community around predictions. The iOS app will allow users to ask questions and then use in-app points to make predictions about what might happen in the future. Users can also create, discuss and view these crowdsourced predictions. At […] …Continue Reading

Flip the “days since the last Twitter security incident” back to zero. Twitter said Tuesday that it has emailed its business customers, such as those who advertise on the site, to warn that their information may have been compromised in a security lapse. The social network giant said that business users’ billing information was inadvertently […] …Continue Reading

It’s the company that just can’t catch a break! In a new SEC filing this morning Luckin Coffee, the embattled China-based and American-listed coffee chain that has become embroiled in scandal, announced that the Nasdaq really wants it gone. According to the firm, the Nasdaq exchange where Luckin is listed sent “an additional written notice […] …Continue Reading

In the chip game, more is usually better and to that end, Ampere announced the next chip on its product roadmap today, the Altra Max, a 128 core processor, the company says is designed specifically to handle cloud native, containerized workloads. What’s more, the company has designed the chip, so that it will fit in […] …Continue Reading