General Catalyst, a Silicon Valley venture capital group, is expanding its presence in India by joining forces with a local venture firm and earmarking more than $500 million […]
UK probes HPE’s planned $14B Juniper Networks acquisition
The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. HPE announced plans to […]
FTC Chair Lina Khan on startups, scaling, and ”innovations in potential law breaking”
FTC Chair Lina Khan was the youngest person appointed to her position when she assumed the job in 2021. But once her term ends in September – after […]
Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry
South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and […]
FTC Chair Lina Khan says the agency is going after the ‘mob bosses’ in Big Tech
The U.S. Federal Trade Commission is focusing its efforts on going after Big Tech, according to FTC Chair Lina Khan, who spoke at TechCrunch’s Strictly VC event in […]
Sources: Wasoko-MaxAB e-commerce merger faces delays amid headwinds in Africa
Last December, Nairobi’s Wasoko and Cairo-based rival MaxAB — two B2B e-commerce startups that enable retailers to order fast-moving consumer goods (FMCG) from suppliers via their respective apps […]
SoftBank-backed grocery startup Oda lays off 150, resets focus on Norway and Sweden
It’s not just instant-delivery startups that are struggling. Oda, the Norway-based online supermarket delivery startup, has confirmed layoffs of 150 jobs as it drastically scales back its expansion […]
Harness snags Split.io, as it goes all in on feature flags and experiments
DevOps startup Harness has shown itself to be an ambitious company, building a broad platform of services while also dabbling in M&A when it made sense to fill […]
Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund
Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund. […]
Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns
Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 […]