When Parthi Duraisamy was a consultant at McKinsey’s Dubai office, he discovered that the American Express cards his company relied on for corporate expenses were rarely accepted in the Middle East. This forced Duraisamy to cover significant travel expenses out of pocket and file endless expense reports. “It was a constant pain,” Duraisamy explained on...
Category: Tech Crunch
Uzbekistan’s first unicorn, Uzum, leaps to a $1.5B valuation
Uzbekistan’s Uzum has raised $65.5 million in a new funding round co-led by China’s Tencent and the New York- and London-based VR Capital, with participation from U.S.-based FinSight Capital.
Jeh Aerospace nets $11M to scale the commercial aircraft supply chain in India
Indian startup Jeh Aerospace has secured $11 million in a new funding round to help ease global supply chain bottlenecks.
A top designer was banned from Dribbble. Now he’s building his own competitor.
Dribbble is enforcing its terms of service that lets it take a cut of designers’ work, and kicking out those who don’t comply. One top designer has had enough, and is building his own startup instead.
Google says its AI-based bug hunter found 20 security vulnerabilities
The discoveries by an AI-based bug hunter are significant, as it shows these tools are starting to get real results, even if they still need a human.
Tesla proposes $29B comp package for Elon Musk amid ‘AI talent war’
The plan would be voided if the Delaware Supreme Court overturns the decision to spike Musk’s $56B comp plan from 2018. A judge ruled in 2024 that plan was unfairly negotiated.
Apple might be building its own AI ‘answer engine’
Apple is reportedly working to create a lightweight competitor to ChatGPT.
Mastercard denies pressuring game platforms, Valve tells a different story
Mastercard seemingly denied playing a role in a recent marketplace crackdown on games with adult content, while Valve says the pressure was indirect.
SAP is acquiring SmartRecruiters
SAP has reached an agreement to acquire SmartRecruiters, with SmartRecruiters’ software complementing SAP’s existing HR tools.
Joby Aviation to buy Blade Air Mobility’s ride-share business
Joby is buying the Blade brand and the company’s passenger business, which includes operations in the United States and Europe, for as much as $125 million.