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Shein must surrender all data of Indian customers and control of its local operations to its partner, Reliance Retail, and keep operations fully local to re-enter the Indian market, according to new government disclosures that reveal how the apparel and accessories retailer secured a rare exception

AstroPay has been around since 2009. The bootstrapped company currently has 320 employees and is profitable. And yet, it's not a name that comes up often in startup news. The company originally started its life as a payment service provider focused on Latin America — an alternative paym

Fusion power startup Focused Energy has signed a deal to buy two of the world's most powerful lasers, the company exclusively told technewss. The massive lasers will be installed in the startup's future facility, which it is building in the San Francisco Bay Area over the next two years.

Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of users, which the company disclosed back in September 2018. The penalty, issued on Tuesday by Ireland’s Data Protection Commission (DPC) enforcing the bloc&#

Jon Morehouse launched PowerTools in 2019 to help companies ship static sites and serverless apps to their cloud accounts on providers like AWS and Azure. When a customer asked him if they could use PowerTools to deploy their software into one of their customer’s cloud accounts, Morehouse was

Getting paid in cryptocurrencies may sound like a bad idea, but this could be an actually useful feature for international contractors. Remote, the company that lets you hire people and manage contractors all around the world, is introducing crypto payouts on Tuesday. Companies based in the U.S. c

TikTok is now subject to not one, but two Digital Services Act (DSA) investigations. The European Union announced on Tuesday that it has opened a formal proceeding focused on election risks, specifically in the context of recent elections in Romania. The probe will focus on TikTok’s rec

Online merchants usually pay up to 8% of every sale to companies like PayPal, Apple Pay, and Stripe, and pass those costs on to consumers. So-called “account-to-account” or “A2A” payments can cut transaction fees to below 1%, saving merchants and consumers quite a bit of ca

The tourism and travel industries are finally back on track, expected to make a “full recovery” to pre-pandemic levels of activity, the UN said earlier this month. As an indicator of that, Hostaway, one of the bigger software startups in the space, is announcing a giant round of funding to doub

A startup out of Turkey that has built a hit casual mobile game where you have to find cats in Where's Wally-style drawings of increasing complexity has now found something else: $18 million in funding. Agave Games, the creator of Find the Cat, will be using the Series A to build out its team a

Aye Finance, a lender targeting small- and medium-sized businesses in India, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors. Proceeds

Tyme Group, a South African fintech, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Nu Holdings, which owns Latin America's most valuable fintech Nubank, investing $150 million for a 10% stake. M&G Catalyst Fund

Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service pr

Waymo will begin testing its autonomous vehicle technology in Tokyo in early 2025, the first time the Alphabet company’s robotaxis have driven on public roads outside the U.S. The move to Japan is part of Waymo’s “road trips,” a development program that involves bringing it