Author: pekandesigns

The Luckin saga continues as the Chinese coffee challenger seeks solutions to the undesirable consequences of a $310 million fraud. On Tuesday, the company announced sacking chief operating officer Liu Jian, the alleged mastermind behind the fraud, and chief executive officer Qian Zhiya, a rare female leader of a Chinese internet firm. Despite the scandal, the […]

Amazon has secured rights to premiere seven Indian movies that were initially scheduled for a theatrical release directly on its Prime Video on-demand streaming service in a move that has prompted two major movie theater chains to express “extreme displeasure” and “disappointment.” The e-commerce giant, which is reportedly in talks to buy AMC theater chain, said on […]

After testing the waters this spring with its incubator-esque MVP Lab, Mozilla is doubling down on the effort with a formal program dangling $75,000 investments in front of early stage companies. The focus on “a better society” and the company’s open-source clout should help differentiate it from the other options out there. Spurred on by […]

France’s lower chamber of the parliament has voted in favor of a controversial law against hate speech on social networks and online platforms. As I described last year, online platforms will have to remove within 24 hours illicit content that has been flagged. Otherwise, companies will have to pay hefty fines every time they infringe […]

Parenting benefits company Cleo is partnering with on-demand childcare service UrbanSitter to address a problem facing many parents today amid the pandemic: a lack of childcare, even as they’re required to return to work. With summer camps, daycares and schools shut down for the months ahead, parents who need to work outside the home (or […]

Just weeks after announcing a deal to acquire 5G specialist Affirmed Networks, Microsoft is making another acquisition to strengthen its cloud-based telecoms offering. It’s acquiring Metaswitch Networks, a U.K.-based provider of cloud-based communications products used by carriers and network providers (customers include the likes of BT in the U.K., Sprint and virtual network consortium RINA. […]

On May 21 at 3pm ET/12pm PT, we’re hosting an Extra Crunch Live session with Steve Case and Clara Sieg of Revolution. This chat is the latest in our growing series featuring notable investors, entrepreneurs and technologists. Previously, TechCrunch editorial staff sat down (virtually, of course) with Cowboy Ventures’ Aileen Lee and Ted Wang, Sequoia’s […]

Uber announces some COVID-19 related changes, Google’s Chrome browser is giving users a way to organize their tabs and the Senate rejects an amendment that would have raised the bar for law enforcement access to browsing data. Here’s your Daily Crunch for May 14, 2020. 1. Here’s how your Uber ride will change, starting May […]

Starting today, TechCrunch readers can send an Extra Crunch annual membership as a gift to a friend, family member or co-worker. For a limited time we’re offering the gift at a discounted rate of $99/year (plus tax). The gifting feature can be found here. Extra Crunch membership is designed for startup teams, entrepreneurs, investors and […]