It wasn’t clear why Musk asked the court to keep details of his countersuit confidential when the billionaire had been publicly critical of Twitter recently. Read More
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Back to news homeSwvl’s $100M acquisition of Smart Bus startup Zeelo is off, amid tech stocks slump
All is not well with the proposed acquisition of U.K. start bus platform Zeelo by Mass transit group Swvl. Back in April, we covered how a possible $100 million acquisition […]
Daily Crunch: Mac sales down 10%, iPhones up 3% — Breaking down Apple’s quarterly numbers
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Good morning, you wonderful specimens of humanity! […]
Kenya directs all banks to stop dealing with Chipper Cash, Flutterwave, saying they are unlicensed
A day after Central Bank of Kenya (CBK), Kenya’s monetary authority, said that Chipper Cash and Flutterwave were not licensed to operate in the East African country, the regulator has […]
Here’s what Swarm has been up to in the 10 months since being acquired by SpaceX
It’s been nearly a year since satellite Internet-of-Things connectivity provider Swarm was acquired by SpaceX, and Swarm co-founder and CEO Sara Spangelo (now senior director of Satellite Engineering at SpaceX) […]
The biggest story from Big Tech earnings is the sheer growth power of public cloud
When the Big 3 cloud infrastructure vendors – Amazon, Microsoft and Google – reported their earnings this week, it was clear that the cloud is helping keep their overall numbers […]
If the Economy Is Shaky, Why Are Company Profits Still Strong?
In its earnings report, Ally Bank, a big auto loan maker, provided data on past-due auto loans in the second quarter for borrowers at a range of income levels. Past-due […]
Climate Bill ‘Transformative’ for Auto and Energy Industries
“A big swath of middle-class Americans will be able to get this credit that otherwise would have been blocked out because of the credit limit,” said Joe Britton, executive director […]
6 Ways You’re Coping With a Roller-Coaster Market
We measure the health of the economy as a whole by a few big numbers — interest rates, which the Federal Reserve raised by three-quarters of a point on Wednesday; […]
Why Rotterdam Wouldn’t Allow a Bridge to Be Dismantled for Bezos’ Yacht
“When I was about 11 years old, we had an American boy stay with us for a week, an exchange student,” she recalled. “And my mother told him, just make […]