Founded by former Carousell and Fave execs, Rainforest gets $36M to consolidate Asia-Pacific Amazon Marketplace brands

"attachment_2147767" aria-describedby="" style="width: 1024px">From left to right: Rainforest business operations and strategy director Elita Subaja; co-founder and CEO J.J. Chai and brand manager Jerry Ng. Image Credits: Rainforest Singapore-based Rainforest is one of the newest entrants in the wav

China expresses concern over its absence in India's 5G trials

China expressed concern on Wednesday over India's move to not grant any Chinese firm permission to participate in 5G trials in the world's second-largest internet market as the two neighboring nations struggle to navigate business ties amid their geo-political tensions. India's Departme

Daily Crunch: Peloton share price falls 14% after product recall and data breach; CEO apologizes

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.  Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Today'

Pitch your startup to seasoned tech leaders, and a live audience, on Extra Crunch Live

technewss is known for its pitch-offs. We’ve had them in cities all over the world, and heard from hundreds of startups who have shared the story of their company on our stages. We’re excited to be bringing the pitch-off to Extra Crunch Live. Anyone in the audience on a

Daily Crunch: Tech stocks hammered after US Treasury Secretary speculates on hiking interest rates

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Are startup valuations about to fall? Hello, friends! Alex here to talk to you for a hot second about money. Then we'll get into startups, venture capital, wh

India grants approval for 5G trials, avoids Chinese firms

The Indian telecom ministry on Tuesday said it has granted several telecom service providers permission to conduct a six-month trial for the use and application of 5G technology in the country. New Delhi has granted approval to over a dozen firms spanning multiple nationalities — excluding Ch

How to lead a digital transformation — ethically

The fact that COVID-19 accelerated the need for digital transformation across virtually all sectors is old news. What companies are doing to propel success under the circumstances has been under the spotlight. However, how they do it has managed to find a place in the shadows. Simply put, the explo

Two weeks left to score a $99 pass to TC Disrupt 2021

Building and sustaining a startup is as challenging as it is fulfilling. Doing it during a global pandemic takes unprecedented (oy, there's that word again) ingenuity, support and expert insight. You'll find all of that and more at TC Disrupt 2021 on September 21-23. A shut-the-front-door m

Gillmor Gang: Walk the Dinosaur

Clubhouse hosted another excellent conversation between Josh Constine and Facebook’s audio czar Fidji Simo. The format continues to sparkle, as I was once again forced to choose between MSNBC’s Rachel Maddow or Lawrence O’Donnell and just plain audio. JPA won going away. The talk

How did Atlanta become a top breeding ground for billion-dollar startups in the Southeast?

Over the past five years, the Southeastern region, led by Atlanta, has gone from being “one of the best kept secrets” in tech, to a vibrant ecosystem teeming with a herd of the billion dollar tech businesses that are referred to in the investment world as “unicorns” (thanks

Data was the new oil, until the oil caught fire

We've been hearing how “data is the new oil” for more than a decade now, and in certain sectors, it's a maxim that has more than panned out. From marketing and logistics to finance and product, decision-making is now dominated by data at all levels of most big private orgs (and if it is

Is Washington prepared for a geopolitical ‘tech race’?

When Secretary of State Antony Blinken and National Security Advisor Jake Sullivan sat down with Chinese officials in Anchorage, Alaska for the first high-level bilateral summit of the new administration, it was not a typical diplomatic meeting. Instead of a polite but restrained diplomatic exchang

The most disastrous sales cycle in the world

Startups constantly talk about being mission-oriented, but it's hard to take most of those messages seriously when the mission is optimizing cash flow for tax efficiency. However, a new generation of startups is emerging that are taking on some of the largest global challenges and bringing the

Can speculative fiction teach us anything in a world this crazy?

There’s an old saw from Mark Twain about how truth is stranger than fiction, and I think it’s fair to say we’ve lived through a very strange reality this past year. With all the chaos and change, we’re led to a foundational question: what’s the purpose of speculative f