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The Shanghai stock exchange announced postponing Ant Group’s colossal initial public offering, a day after Chinese regulators weighed a slew of new fintech rules and summoned Jack Ma and other top executives to a closed-door meeting. The rare talk between China’s top financial regulator

ZenGo, a mobile app to manage your cryptocurrencies, is about to launch a Visa debit card in the U.S. This isn't the first crypto-powered debit card — Coinbase announced a U.S. expansion for its debit card just last week. But ZenGo is a non-custodial wallet, which means that you're in co

It’s too soon to know who will win the U.S. election tomorrow. Tomorrow may even be too soon to know who wins the election. But it’s always a good time to talk with investors about how they’re thinking about the future, and some can’t help but ponder the possibilities if Joe

In an election eve preview of what to expect in the coming days, President Trump pushed the limits on Twitter’s election-specific policies Monday night. In a tweet, Trump railed against the Supreme Court’s decision to allow Pennsylvania officials to count ballots postmarked by Election

It seems like SoftBank and the Mubadala Corp. aren’t finished taking big swings at the commercial real estate business in the U.S. Even after the collapse of WeWork, the investors are doubling down on a similar business model as part of a syndicate investing $700 million into REEF Technology.

With one day to go to the election, our thoughts are with those who look forward to talking about something else. Difficult as it might be to imagine, there must be other things to work on. One thing that comes to mind is the impact of the virus on how we manage our days and nights in a digital en

Indonesia's logistics industry is very fragmented, with several large providers operating alongside thousands of smaller companies. This means shippers often have to work with a variety of carriers, driving up costs and making supply chains harder to manage. Logisly, a Jakarta-based startup tha

Robotics and automation startups have seen a strong uptick in interest over the course of the pandemic. And it's easy to see which companies have a newfound interest in automating their workforce amid a seemingly endless virus-driven shutdown. But Walmart, which has long promised to take an inc

Apple is closing out the year with another big event, Twitter details its plans to fight election-related misinformation and WeWork employees used an embarrassingly insecure printer password. This is your Daily Crunch for November 2, 2020. The big story: Apple announces its next big event

AWS today announced the launch of its newest GPU-equipped instances. Dubbed P4d, these new instances are launching a decade after AWS launched its first set of Cluster GPU instances. This new generation is powered by Intel Cascade Lake processors and eight of Nvidia’s A100 Tensor Core GPUs. T

PayPal’s stock is down in after-hours trading after reporting third-quarter earnings that beat expectations. It’s not immediately clear why PayPal is losing ground, although it could stem from retail investor having higher expectations than what analysts estimated for the high-flying co

TikTok announced this morning it has signed a new licensing agreement with Sony Music Entertainment (SME) that will allow the short-form video app to continue to offer songs from Sony Music artists for use by creators on its platform. The agreement will also see the companies partnering on efforts

Alphabet’s X (the Google-owner’s so-called “Moonshot Factory”) published a new blog post today about Project Amber, a project it’s been working on over the past three years — the results of which it’s now making available open source for the rest of the men

Financial guidance company NerdWallet announced at the end of last week that it has acquired Fundera. New York City-based Fundera was co-founded in 2013 by Jared Hecht, who previously co-founded GroupMe. It created a marketplace where small businesses could find loans, subsequently expanding into o