News
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Memo: Grab begins cost cutting, including pausing most hiring, freezing salaries for senior managers, and cutting travel and expense budgets, to stem losses (Anshuman Daga/Reuters)
Memo: Grab begins cost cutting, including pausing most hiring, freezing salaries for senior managers, and cutting travel and expense…
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The mobile games market is set to fall in 2022 for the first time in over a decade; Newzoo forecasts revenues to drop by 6.4% to $92.2B, vs. 7.3% growth in 2021 (Financial Times)
Financial Times: The mobile games market is set to fall in 2022 for the first time in over a decade;…
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Microsoft will roll out its "EU data boundary", allowing EU cloud customers to process and store data in the region, starting with customer data, from January 1 (Reuters)
Reuters: Microsoft will roll out its “EU data boundary”, allowing EU cloud customers to process and store data in the…
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A look at the Safetipin app, which lets users map safe and unsafe areas in 65 cities across 16 countries and is helping New Delhi carry out improvement work (Steffie Banatvala/Financial Times)
Steffie Banatvala / Financial Times: A look at the Safetipin app, which lets users map safe and unsafe areas in…
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A look at Spotter and Jellysmack, two companies offering YouTubers cash in exchange for up to five year of ad sales generated by licensing their old videos (Miles Kruppa/Wall Street Journal)
Miles Kruppa / Wall Street Journal: A look at Spotter and Jellysmack, two companies offering YouTubers cash in exchange for…
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series 1.6blundentechcrunch |Hamburg-based Fashion Cloud, whose B2B data and content exchange portal is used by ~20K fashion retailers, raised €25M led by Verdane (Callum Cyrus/Tech.eu)
Hamburg-based Fashion Cloud, whose B2B data and content exchange portal is used by ~20K fashion retailers, raised €25M led by…
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London-based Mews, which offers cloud-based hotel property management tools for reservations and more, raised a $185M Series C at a $865M post-money valuation (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch: London-based Mews, which offers cloud-based hotel property management tools for reservations and more, raised a $185M…
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Court filing: FTX Digital Markets co-CEO Ryan Salame tipped Bahamas' security commission on November 9 that FTX customer funds were used to cover Alameda losses (Financial Times)
Financial Times: Court filing: FTX Digital Markets co-CEO Ryan Salame tipped Bahamas’ security commission on November 9 that FTX customer…
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