Croatian comms platform Infobip acquires VoIP provider Peerless Network for $200M

Infobip, a cloud communications startup which – like Twillio – handles things like SMS, email, voice and WhatsApp messenger for customer engagement, has completed its acquisition of VoIP provider Peerless Network. Although the deal was announced last November, technewss can exclusively

India receives $18 billion bids for 5G auction, expects rollout in September

India received bids worth $18 billion on the first day of an auction for the 5G airwaves from tycoons including Mukesh Ambani and Gautam Adani as the race begins for faster data in the world's second largest internet market. Telecom Minister Ashwini Vaishnaw told reporters on Tuesday evening th

UK antitrust authority sees no competition concerns in music-streaming industry

Some nine months after the U.K.’s Competition and Markets Authority (CMA) revealed it was carrying out a market study into music-streaming services, the government department has revealed it believes there is no case to answer — for now, at least. The CMA already has a pretty full plate

Meta weighs downgrading COVID-19 misinfo policy to labels and demotion instead of removal

Facebook, no stranger to misinformation on its platform, attempted an uncharacteristically bold move as the COVID-19 pandemic took hold around the world: instead of merely labelling posts that discouraged vaccination and/or spread COVID-19 conspiracy theories about masks, social distancing and othe

Only four days left to snag early-bird savings on Disrupt passes

Tick tock, early-stage startup enthusiasts. technewss Disrupt takes place on October 18–20 — the very height of pumpkin spice season. However, your chance to score early-bird passes (and soak up serious savings) disappears in just four short-but-sweaty days of summer. Buy your pass before July

Russia leaving the International Space Station in 2024 and will focus on building its own

Russia has announced that it will officially end its international collaboration with NASA around operation of the International Space Station (ISS) as of 2024, according to AP News. Roscosmos, the Russian space agency, also announced plans to construct its own orbital station, which build and oper

Amazon hikes Prime subscription prices in Europe by up to 43%

Amazon has announced that it’s increasing the prices for its Prime subscription service in Europe, with fees rising by as much as 43% in some markets. The announcement comes some six months after the e-commerce giant announced a similar price increase in the U.S., where the annual price jumpe

Exceptional Ventures joins Europe’s health and wellness gold rush with a new $24M fund

With the after-effect of the pandemic set to play out for years, VCs specializing in health, wellness and general 'joy' would appear to have rising fortunes. Funds such as Able Partners and Joyance have appeared in recent years to invest in startups that make people's lives healthier, o

Daily Crunch: Cartona will use $12M Series A to expand its Egypt-based, B2B e-commerce platform

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. Happy new week! Christine went on a well-deserved break, so you'll have to deal with a double dose of my awful puns and worse headline shenanigans for a bit.

Only five days left to save up to $1,300 on passes to Disrupt

Building a startup takes money. Not exactly a newsflash, is it? At a time when every dollar counts, this is a reminder that you have only five days left to take advantage of early-bird pricing on passes to technewss Disrupt on October 18–20. The early bird flies the coop on July 29 at 11:59 p.m.

The race to build a social media platform on the blockchain

It’s easy to be skeptical of the big social media giants. They typically sell user data to advertisers and have been mired in controversy for their approach to content moderation. Web3 proponents think they can build a new system altogether that sidesteps the concentrated power of platforms &

Google pauses hiring, Netflix loses nearly 1M customers, and Slack increases prices

Hey, friends! It’s that time again. Another week has passed us by, which means another issue of Week in Review — the newsletter where we recap the top stories to hit technewss’s front page in the past seven days. Sign up here! The top story this week was about a new set of documents

SAP top exec retires as Q2 2022 earnings come out

As Q2 earnings send enterprise giant SAP's stock down, President of SAP North America DJ Paoni is leaving the enterprise company, technewss has learned from sources. SAP confirmed the news, saying that Paoni is retiring from the company after 26 years. “We truly believe the momentum we'r

Techstars CEO Maëlle Gavet outlines the accelerator's newest program in Africa

In April, startup accelerator Techstars, in partnership with ARM Labs, a Lagos-based innovation program focusing on fintech startups, announced the launch of ARM Labs Lagos Techstars Accelerator Program.  As Techstars' newest accelerator program in Africa, the announcement re-emphasized the e