Author: pekandesigns

More than a year after Amazon announced that it would be lead a $575 million investment into UK food delivery startup Deliveroo, the country’s competition regulator, the CMA, has finally announced that it has provisionally cleared the deal, without any additional remedies (that is, requests to alter the terms), saying that it does not pose […]

CapitalG, the growth equity arm of Alphabet, is doubling down on its bet on Aye Finance, an Indian startup that operates a digital lending platform for small businesses. On Wednesday, the Gurgaon-based startup said it had raised $27.5 million in its Series E financing round led by CapitalG, which has also led one of its […]

Olympus cameras have fallen. After three straight years of operating losses, one of the world’s foremost camera makers in giving up the ghost. The Japanese tech giant this week announced its intentions to sell off its imaging unit by the end of September 2020. The proposed buyer is Japan Industrial Partners, an 18-year-old private equity […]

It’s IPO season in the United States, despite market volatility in recent months and historical blockers like an impending election. Given the public market’s return to form since March lows — paticularly the outperformance of the Nasdaq index and other tech shares — some venture-backed companies are trying to get out while the new offerings […]

It’s more than two years since a flagship update to the European Union’s data protection regime moved into the application phase. Yet the General Data Protection Regulation (GDPR) has been dogged by criticism of a failure of enforcement related to major cross-border complaints — lending weight to critics who claim the legislation has created a […]

Collaborative enterprise software is absolutely booming, and Airtable is riding that wave in a very real way. The company, which offers a flexible, collaborative database product, has raised more than $170 million in funding from investors like CRV, Benchmark, Coatue Management, and Thrive Capital. So it should come as no surprise that we’re simply thrilled […]

Google is introducing new tools for newsrooms looking to understand their online audiences and how those audiences feed into their overall business. These efforts fall under the umbrella of the broader Google News Initiative, introduced in 2018 as a way for the search giant to fund quality journalism and find other ways to support the […]

We round up Apple’s news from its big WWDC keynote, Wirecard’s CEO is arrested and Facebook acquires another VR studio. Here’s your Daily Crunch for June 23, 2020. 1. Here’s everything Apple announced in the WWDC 2020 keynote Apple announced a number of changes for iOS 14, including widgets and an automatically sorted app library. […]

Just two years after launch, Facebook announced today that it’s discontinuing the Oculus Go, the least powerful and least expensive virtual reality headset that the company sold. Facebook CEO Mark Zuckerberg’s announcement of the device in late 2017 was a major development for the company, which had never released a standalone headset before and was […]