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The Korea Fair Trade Commission (KFTC) said on Tuesday it fined Google $177 million for abusing its market dominance in the Android operating system (OS) market. The U.S. tech company has restricted market competition by prohibiting local smartphone makers like Samsung Electronics and LG Electronic

London-based PassFort, a SaaS provider that helps business meet compliance requirements such as KYC (Know Your Customer) and AML (Anti-Money Laundering) reporting, has closed a $16.2 million Series A led by U.S. growth equity fund Level Equity. The 2015-founded startup‘s existing investors Op

India and Singapore are working to link their digital payments systems to enable “instant, low-cost fund transfers,” in a major push to disrupt the cross-border transactions between the two nations that amounts to over $1 billion each year. The project to link India's Unified Payments Inter

Whether or not Democratic California Governor Gavin Newsom survives Tuesday’s recall election may depend to some degree on a small but vocal group of Silicon Valley power players who’ve thrown their weight behind the effort to oust him, including some who previously supported mostly Dem

BridgeLinx, a 9-month-old Lahore-headquartered startup that operates a digital freight marketplace, said on Tuesday it has raised $10 million in what is the largest seed financing round in Pakistan. Harry Stebbings' 20 VC, Josh Buckley's Buckley Ventures and Indus Valley Capital co-led the

Chinese search engine giant Baidu has begun publicly testing its Apollo Go robotaxi mobile platform in Shanghai, marking the company’s continued expansion of its footprint in China. While Baidu says its robotaxis have achieved Level 4 capabilities, a human safety operator will be present duri

Hello and welcome back to Daily Crunch for September 13, 2021. This is Alex and I am back! A big thanks to Greg for taking over last week while I was on staycation. It is lovely to be back with you all. Before we dive into the news, a reminder that Disrupt is next week. So, make sure you have a tic

Yeah, yeah, you don’t need to charge a real book or update a book’s software. But now, our trusty Kindles remind us that they’re actually Wi-Fi connected, electronic devices capable of change as Amazon unveils a rare, significant design upgrade for the first time in years. To si

With the holiday season around the corner, growth marketers are gearing up for their busiest time of the year. E-commerce brands are now leaning heavily on social sales and digital advertising, but should also expect an omnichannel shopper — 62% of shoppers plan to purchase both online and in

This afternoon Intuit confirmed persistent rumors that it was in the process of buying Mailchimp, detailing a $12 billion transaction that will bring the well-known email infra company to its corporate remit. Intuit is not a well-known player in the email marketing space. The company is instead bes

Twitch filed a lawsuit late last week against two people on its own platform for running automated hate and harassment campaigns. The harassment, often targeted at Black and LGBTQ streamers, manifests in a unique Twitch phenomenon as a “hate raid.” On Twitch, creators regularly point vi

Apple has released security updates for a zero-day vulnerability that affects every iPhone, iPad, Mac and Apple Watch. Citizen Lab, which discovered the vulnerability and was credited with the find, urges users to immediately update their devices. The technology giant said iOS 14.8 for iPhones and

Ford Motor has hired Mike Amend as its chief digital and information officer as the automaker seeks to expand into software, subscriptions and in-vehicle connectivity. Amend, who was president of Lowe's Online for three years, will focus on Ford's “use of data, software and technology”

I've met hundreds of founders over the years, and most, particularly early-stage founders, share one common go-to-market gripe: Pricing. For enterprise software, traditional pricing methods like per-seat models are often easier to figure out for products that are hyperspecific, especially those