After four years of back and forth, the European Union and Apple have finally come to an agreement on the latter’s tap-and-go technology. The European Commission announced Apple made “legally binding” commitments to provide developers with their Near-Field Communication (NFC) technology, which is used for […]
Day: July 11, 2024
Exein raised $15M Series B to stop robotic arms going haywire
The capital will be used to expand in Europe, the U.S. and Asia. © 2024 TechCrunch. All rights reserved. For personal use only.
Uzbekistan mobile bank TBC raises $38.2M to expand its financial products
Uzbekistan’s mobile-only bank TBC Bank Uzbekistan has raised $38.2 million in a fresh funding by its existing shareholders. © 2024 TechCrunch. All rights reserved. For personal use only.
Apple to Allow Rivals to Access ‘Tap and Go’ Technology
In the latest iOS overhaul prompted by European Union rules, the smartphone maker will give third-party developers access to its payment technology.
Reliance may list Jio at $112 billion valuation next year, Jefferies says
Reliance Industries, India’s most valuable company, may consider spinning off its telecom arm Jio for a public listing as early as 2025, Jefferies said in a research note, with investors favouring this route over an initial public offering. The move follows Jio’s recent focus on […]
Biden administration awards car factories $1.7 billion so they can build EVs
The US Energy Department has revealed that it’s awarding car and auto parts factories in eight states a total of $1.7 billion in funding, so that they can be retooled to build electric vehicles and their components. According to The New York Times and The […]
AI’s Energy Demands Are Out of Control. Welcome to the Internet’s Hyper-Consumption Era
Generative artificial intelligence tools, now part of the everyday user experience online, are causing stress on local power grids and mass water evaporation.
Adfin wants to fix bill payments for sole traders and small companies
Meet Adfin, a new UK-based fintech startup that wants to help companies get their invoices paid — whatever it takes. Founded by two fintech experts, the company is starting with a problem and building a product around it. The problem is that it’s still hard […]
Reid Hoffman Hasn’t Given Up on Biden Just Yet
Some of the most prominent conservative venture capitalists have gotten louder about their support for Trump, but Reid Hoffman says not much has actually changed.
Biden administration awards car factories $1.7 billion so they can build EVs
The US Energy Department has revealed that it’s awarding car and auto parts factories in eight states a total of $1.7 billion in funding, so that they can be retooled to build electric vehicles and their components. According to The New York Times and The […]