We’re in countdown mode, folks. With just one month to go before TC Sessions: SaaS 2021, the early-bird pass is living on borrowed time — five days to be precise. Take advantage of full event access at a discount price. Buy your pass before the sale expires on October 1 at 11:59 pm (PT) and […]
TikTok reached 1 billion monthly active users
TikTok announced in a blog post today that 1 billion people use TikTok every month. That means that on this big rock in space that we call home, about one in seven-and-a-half people are regularly watching short-form videos of dancing, dangerous “milk crate challenges” and even actual educational content. For context, Facebook said that in […]
Mali could delay post-coup elections, interim PM says
September 27, 2021 DAKAR (Reuters) – Mali could push back presidential and legislative elections from late February to avoid their validity being contested, its prime minister handling a post-coup transition said. Mali’s progress back to democracy following the August 2020 overthrow of President Ibrahim Boubacar Keita is being closely monitored in a region that has […]
Israel’s Bennett meets UAE, Bahrain ministers ahead of UN address
September 27, 2021 By Rami Ayyub JERUSALEM (Reuters) – Israeli Prime Minister Naftali Bennett met senior ministers from the United Arab Emirates and Bahrain in New York on Sunday, his office said, ahead of an address to the United Nations in which he is expected to urge action against Iran’s nuclear programme. Israel has trumpeted […]
Tunisia’s political crisis threatens to deepen economic troubles
September 27, 2021 By Tarek Amara TUNIS (Reuters) – Nurse Amira Souissi celebrated when Tunisian President Kais Saied seized near total power in July promising to battle corruption, contain prices and boost state finances. But the mother of four is now losing patience with what some Tunisians see as his lack of an economic gameplan, […]
Pledging stability, German SPD seeks three-way alliance to succeed Merkel
September 27, 2021 By Emma Thomasson and Paul Carrel BERLIN (Reuters) -German Social Democrat Olaf Scholz vowed on Monday to strengthen the European Union and keep up the transatlantic partnership in a three-way coalition government he hopes to form by Christmas to take over from Angela Merkel’s conservatives. Scholz’s Social Democrats (SPD) came first in […]
China condemns Britain for Taiwan Strait warship mission
September 27, 2021 BEIJING (Reuters) -China strongly condemned Britain on Monday for sailing a warship through the sensitive Taiwan Strait, saying it was behaviour that “harboured evil intentions” and that the Chinese military followed the vessel and warned it away. A post on the ship’s Twitter account said HMS Richmond passed through the strait en […]
New Austrian anti-lockdown party seeking more seats after election coup
September 27, 2021 VIENNA (Reuters) – A new Austrian political party that opposes lockdowns, compulsory mask-wearing and other coronavirus restrictions hopes to spread across the country after surprisingly securing seats in one of Austria’s nine provincial parliaments on Sunday. People Freedom Fundamental Rights (MFG), a newly created party that campaigned online and with a tour […]
Italian far-right leader Salvini’s media guru quits amid drug inquiry
September 27, 2021 ROME (Reuters) – The social media guru for Italy’s Matteo Salvini said on Monday he had quit his post, key to building the far-right leader’s popularity, following media reports that he was under a narcotics investigation. Luca Morisi, 48, widely considered to have had a crucial role in cultivating Salvini’s “man of […]
Can direct listings really fix the IPO pricing problem?
Welcome to a two public-offering week. U.S software company Amplitude is expected to post a direct-listing reference price this evening and begin trading tomorrow morning, per publicly available IPO calendars. Warby Parker is also set to direct list later this week — more on its numbers here. Expect a raft of coverage from TechCrunch on […]
Sudan military-civilian tensions reach low point in wake of coup attempt
September 27, 2021 CAIRO (Reuters) – Tensions between Sudan’s military and civilian politicians reached a low point on Sunday in the wake of last week’s attempted coup with senior officials calling on the public to prepare for protests over the withdrawal of official security details. The deteriorating relations have put the fragile transition to democratic […]
France’s Macron files complaint about jet-skiing photo – media
September 27, 2021 PARIS (Reuters) – French President Emmanuel Macron and his wife have filed a legal complaint after a Paris exhibition featured a photograph of him jet-skiing in a bathing suit while on holiday, French media reported on Monday. The exhibition “Presidents of the Republic on their holiday locations” was held in an art […]
British truckers: Life on the road with people smugglers, fuel thieves and few toilets
September 27, 2021 By Victor Jack LONDON (Reuters) – For Tom Reddy, it was the disgusting conditions that convinced him to quit as a British trucker, with few toilets and even fewer showers forcing drivers into desperate solutions at the side of the road. Reddy, 36, is stopping driving after 15 years, one of thousands […]
Greenland foreign minister demoted after independence comments
September 27, 2021 COPENHAGEN (Reuters) – Greenland’s Prime Minister Mute Egede stripped an outspoken pro-independence minister of his responsibility for foreign affairs on Monday, following comments about excluding non-Inuit citizens from a future vote on independence from Denmark. Foreign Minister Pele Broberg suggested in an interview published in Danish newspaper Berlingske earlier this month that […]
Struggle over Egypt’s Juhayna behind arrest of founder, son – Amnesty
September 27, 2021 CAIRO (Reuters) – Egyptian authorities are holding the founder of the country’s largest dairy products and juices producer and his son in conditions that amount to torture because of their refusal to cede their assets, Amnesty International said on Monday. There was no immediate response to a request for comment to the […]
Portugal’s ruling Socialists lead in local elections but lose Lisbon
September 27, 2021 By Andrei Khalip LISBON (Reuters) – Portugal’s ruling Socialists suffered a surprise setback in Sunday’s municipal elections, losing control of Lisbon after 14 years, though they remained the biggest party nationwide after a ballot that encompassed more than 300 city and town halls. Carlos Moedas, former European Commissioner for Research, Science and […]
U.S. top security adviser, Yemen envoy head to Saudi, UAE
September 27, 2021 (Reuters) -U.S. President Joe Biden’s national security adviser Jake Sullivan will travel to Saudi Arabia and the United Arab Emirates along with the U.S. special envoy to Yemen, the White House National Security Council said on Monday. Brett McGurk, the NSC’s Middle East and North Africa Coordinator, will also join Sullivan and […]
China says Canada should ‘draw lessons’ from Huawei exec case
September 27, 2021 By Gabriel Crossley and Brenda Goh BEIJING (Reuters) -The release of Huawei Chief Financial Officer Meng Wanzhou shows China’s strength and Canada should “draw lessons,” China’s foreign ministry said on Monday, after state media called it an opportunity for a reboot of bilateral relations. Meng landed in Huawei’s home city of Shenzhen […]
New Age Meats bites into $25M for cultured meat product line development
Berkeley-based cultured meat company New Age Meats announced Monday it raised $25 million in Series A funding that will enable the company to begin production of its first product offering, a variety of pork sausages, next year. Hanwha Solutions of South Korea led the funding round and was joined by existing investors SOSV’s IndieBio, TechU […]
Astera Labs, a fabless chip startup, nabs $50M at a $950M valuation to remove bottlenecks in high-bandwidth cloud applications
As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs. Machine learning and other artificial intelligence applications add even more complexity. Now a startup that has built technology to make that process move faster and more […]