Paul Sawers
Google is preparing to build what will be the first subsea fiber-optic cable connecting the continents of Africa and Australia.
The news comes as the major cloud hyperscalers battle it out for business dollars, with Google playing catch-up with AWS and Microsoft’s Azure.
Google’s announcement follows widespread outages across Africa, which...
Humane, the company behind the much-hyped Ai Pin that launched to less-than-glowing reviews last month, is on the hunt for a buyer, Bloomberg reported citing anonymous sources.
The company has reportedly priced itself between $750 million and $1 billion, and the sale process is in the early stages, Bloomberg cited...
Zen Educate, an online marketplace that connects schools with teachers, has raised $37 million in a Series B round of funding.
The raise comes amid a growing teacher shortage crisis both sides of the pond, with a recent report from ADP Research Institute noting that the global pandemic exacerbated the...
Strava on Thursday announced a slew of new features and updates at its annual Camp Strava event, as the San Francisco-headquartered company doubles down on efforts to make its social fitness app stickier both for free and premium subscribers — with artificial intelligence (AI) playing a central role.
One of the...
Sona, a workforce management platform for frontline employees, has raised $27.5 million in a Series A round of funding.
More than two-thirds of the U.S. workforce are reportedly in frontline jobs, which might be anything from customer service and healthcare to retail environments and hospitality. But managing this vast workforce,...
Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.S.
The new round comes just two months after Monzo raised £340 million ($425 million), meaning the London-based company has now raised north of $610 million in 2024,...
Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive their money back — plus interest.
The news comes six months after FTX co-founder and former CEO Sam Bankman-Fried (SBF) was found guilty on seven counts...
WSO2, a company that provides API management and identity and access management (IAM) services for enterprises, has been acquired by Swedish investment giant EQT.
Terms of the deal were not disclosed, but TechCrunch has learned via sources that the deal values WSO2 at “more than” $600 million, with EQT attaining...
Peloton, the exercise equipment maker and creator of online fitness classes, has announced that it’s laying off 15 percent of its workforce — 400 people — as CEO, president, and board director Barry McCarthy steps down after two years in the role.
McCarthy, who was previously CFO at Spotify and...
Digital fraud detection company BioCatch has a new majority shareholder: U.K-based private equity firm, Permira, is acquiring shares in the company “primarily” from existing investors including Bain Capital, Maverick Ventures, and Tech Opportunities, in a secondary market transaction that values BioCatch at $1.3 billion.
Existing shareholders Sapphire Ventures and Macquarie...
