Cyber Monday came in at $10.8B spent online in the US, at the low end of the range but still a record one-day total

Cyber Monday, traditionally the biggest shopping day online in the year, followed in the footsteps of Thanksgiving and Black Friday this year: big gains on 2019, but still falling short on expectations. None of the usual physical crowds as people look to enforce social distancing recommendations, a

EU lawmakers to push audio-visual sector on geoblocking

European Union lawmakers are considering whether current rules aimed at limiting the practice of geoblocking across the bloc should be extended to cover access to streaming audio-visual content. Access to services like Netflix tends to be gated to individual EU Member States, meaning Europeans can

HungryPanda raises $70M for a food delivery app aimed at overseas Chinese consumers

Food delivery apps have been a big deal this year both for consumers stuck at home and unable (or unwilling) to go to restaurants or grocery stores, and for investors who are eyeing the opportunity to back rising stars to help them grow. Today came the latest development in that story: HungryPanda,

Gartner: Q3 smartphone sales down 5.7% to 366M, slicing COVID-19 declines in Q1, Q2

We are now into the all-important holiday sales period, and new numbers from Gartner point to some recovery underway for the smartphone market as vendors roll out a raft of new 5G handsets. Q3 smartphone figures from the analysts published today showed that smartphone unit sales were 366 million un

This Week in Apps: Snapchat clones TikTok, India bans 43 Chinese apps, more data on App Store commission changes

"">Welcome back to This Week in Apps, the technewss series that recaps the latest in mobile OS news, mobile applications, and the overall app economy. "">The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People now spend three

Black Friday online shopping comes in $9B, $3.6B on smartphones

Black Friday — the day that launched 1,000 other shopping holidays — may have lost its place as the “start” of the Christmas shopping season by now (it gets bigger and earlier with each passing year). But the day after Thanksgiving still pulls in a crowd of buyers looking fo

India sets rules for commissions, surge pricing for Uber and Ola

Ride-hailing firms such as Ola and Uber can only draw a fee of up to 20% on ride fares in India, New Delhi said in guidelines on Friday, a new setback for the SoftBank-backed firms already struggling to improve their finances in the key overseas market. The guidelines, which for the first time brin

TikTok’s epic rise and stumble

TikTok’s rise in the West is unprecedented for any Chinese tech company, and so is the amount of attention it has attracted from politicians worldwide. Below is a timeline of how TikTok grew from what some considered another “copycat” short video app to global dominance and eventu

Rockstar programmer: Rivers Cuomo finds meaning in coding

“Hi, I'm Rivers from the band, Weezer,” Rivers Cuomo says with a slight smile and a wave. He turns away from the camera for a bit, before launching into his best infomercial pitch. “Imagine you're on tour, and you're sitting in your dressing room or your tour bus. You're backs

Amazon expands IP Accelerator to Europe after US SMBs register 6,000 trademarks

As we head into the biggest shopping period of the year — which this year may well have an even stronger online component than usual because of COVID-19 — Amazon has launched its latest effort to combat the sale of counterfeit goods on its site. The e-commerce giant today announced that

Tiger Global invests in India’s Unacademy at $2 billion valuation

Unacademy, an online learning platform in India, has added two more marquee investors to its cap table. The Bangalore-based startup, which focuses on K-12 online education, said on Wednesday it has raised new funds from Tiger Global Management and Dragoneer Investment Group. The funding round, whic

Pinterest tests online events with dedicated ‘class communities’

Pinterest is getting into online events. The company has been spotted testing a new feature that allows users to sign up for Zoom classes through Pinterest, while creators use Pinterest’s boards to organize class materials, notes and other resources, or even connect with attendees through a g

Police case filed against Netflix executives in India over ‘A Suitable Boy’ kissing scene

Netflix, which has invested more than $500 million to gain a foothold in India in recent years, is slowly finding out what all could upset some people in the world's second-largest internet market: Apparently everything. A police case has been filed this week against two top executives of the A

Daily Crunch: Twitter will bring back verification

Twitter prepares to hand out more blue checkmarks, YouTube suspends OANN and Discord is raising a big funding round. This is your Daily Crunch for November 24, 2020. The big story: Twitter will bring back verification Twitter paused its blue checkmark verification system in 2017 as