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RentPath, owner of property-listing sites including Rent.com and Apartment Guide, said today it has cancelled its agreement to be acquired by CoStar Group after the Federal Trade Commission sued to block the sale. CoStar, a commercial real estate data and analytics provider that also operates listi

The New York Department of Financial Services (NYDFS) has approved Tokyo-based GMO Internet to launch GYEN, the first stablecoin pegged to the Japanese yen. GMO Internet, an internet conglomerate that offers a large array of services, including domain hosting, online advertising and what it claims

Apple faces a major setback in one of its legal fights, VMware sues a former executive and Google tests a new short-form video feature. This is your Daily Crunch for December 29, 2020. The big story: Judge dismisses Apple copyright claims against Corellium Apple filed a lawsuit last

Back in August of last year Apple filed a lawsuit against the virtualization software company Corellium, arguing that the product infringed its copyright and later adding claims that Corellium’s product violates the DMCA. While the DMCA claims will still need to be settled in court, a judge i

After decades of global expansion and consolidation in the tech sector, antitrust is now a headline issue for the industry across the world. What has been a slow and sputtering series of disparate actions over the past decade has coalesced in just the past few weeks into a rapid and comprehensive s

Despite the pandemic keeping us in one place most of the time, proptech is still taking off. And not just in the U.S. Dongnae is looking to digitize the rental and home-buying market in South Korea. The startup is announcing the close of a $4.1 million seed round, led by Flybridge and MetaProp, wit

Early in the pandemic, it was apparent that there would be worldwide lockdowns of varying degrees. So naturally, there was a run on toilet paper (and to a lesser extent, paper towels and tissues). Stores suddenly found themselves sold out of one of the most basic conveniences consumed by humans. We

Today we sat on the deck with our daughter Ella and her boyfriend Nick. Knowing of my fascination with all things Beatles, Nick gave me a Japanese 45 of “Get Back” flipped with “Don't Let Me Down.” His gift coincided with a five minute cut of material from a newly autho

Want this newsletter in your inbox every Saturday morning? Sign up here. Remember when it was news that venture capitalists were open for business? Or when Zoom investing was only done by that one guy in Ann Arbor (ha, I kid!)? These past few months have felt busier than ever, with no holiday slowd

From the beginning, the plan for Sidewalk Labs (a subsidiary of Alphabet and — by extension — a relative of Google) to develop a $1.3 billion tech-enabled real estate project on the Toronto waterfront was controversial. Privacy advocates had justified concerns about the Google-adjacent

Welcome to technewss's 2020 Holiday Gift Guide! Need help with gift ideas? We're here to help! You can find our other guides right here. SURPRISE! It’s December 23rd. How? Because time doesn’t make sense anymore and last week was really a month ago and April was yesterday.

Following through on his previous threat, President Trump has vetoed the $740 million National Defense Authorization Act (NDAA), a major bill that allocates military funds each year. In tweets early this month, Trump said he would sink the NDAA if it wasn’t altered to include language “

The stimulus bill includes significant changes to copyright law and enforcement, the Biden administration may have to build a presidential Twitter following from scratch and we round up the startups that shut down this year. This is your Daily Crunch for December 22, 2020. The big story: Stimulus b

Macau, the former Portuguese colony that is now the world’s biggest gambling center, is planning to host a tech fair next year to match the famed CES in Las Vegas. The brains behind the “Beyond” conference are Lu Gang, founder of Chinese tech news media company TechNode, which was