Paul Sawers
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Twitter posts quarterly sales drop and says it spent $33M on pending Musk acquisition – TechCrunch
Paul Sawers - 0
Twitter has published its Q2 2022 results, with the social networking giant’s numbers falling short of analysts’ estimates across user growth and revenues.
Perhaps more interestingly, Twitter also revealed that it spent $33 million in Q2 on Elon Musk’s pending acquisition.
Twitter vs. Musk
Today’s results represent Twitter’s second earnings since...
Just Eat Takeaway scales back in France as market value drops 84% in 10 months – TechCrunch
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Just Eat Takeaway is cutting 390 jobs from its workforce in France, constituting part of a broader global restructuring effort as the food delivery giant looks to reverse its recent downturn.
Just Eat Takeaway is the result of a $7.6 billion merger between the U.K.’s Just East and Dutch...
Fonoa raises $60M to automate tax compliance for global companies like Uber and Zoom – TechCrunch
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Fonoa, a tax automation platform used by companies such as Uber and Zoom, has raised $60 million in a series B round of funding.
Founded out of Dublin, Ireland, in 2019, Fonoa targets digital services companies that operate globally, automating many of the processes involved in managing sales tax,...
Google expands its photo and canvas printing service to Europe and Canada – TechCrunch
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Google is expanding its photo and canvas prints service to Europe and Canada.
Google has offered printed photo books in the U.S. since 2017, a service that started rolling out in Europe the following year. And then in 2019, Google started offering photo prints and canvas prints in the...
Charles raises $20M to bring conversational commerce to WhatsApp in Europe – TechCrunch
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Conversational commerce isn’t exactly a new phenomenon, with countless companies using live chats, messaging apps, chatbots, voice assistants and more to encourage consumers to part with their cash. As part of that broader movement, the mighty WhatsApp, a dominant force in the messaging world, has been pushing deeper...
Microsoft u-turns on policy that would’ve banned commercial open source apps – TechCrunch
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Microsoft has confirmed that it won’t be introducing a previously announced new policy that would effectively ban developers from selling open source software on the Windows app store.
Section 10.8.7 of its Microsoft Store Policies document, which was updated in mid-June and had been due to come into effect...
Denmark bans Chromebooks and Google Workspace in schools over data transfer risks – TechCrunch
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Denmark is effectively banning Google’s services in schools, after officials in the municipality of Helsingør were last year ordered to carry out a risk assessment around the processing of personal data by Google.
In a verdict published last week, Denmark’s data protection agency, Datatilsynet, revealed that data processing involving...
Acast, the Swedish tech company that helps businesses and individuals publish and monetize podcasts, has announced plans to acquire podcast database Podchaser. Terms of the deal were not disclosed.
Founded out of Stockholm in 2014, Acast is a prominent brand in the podcast technology space, serving as a host...
Wefox grabs $400M at $4.5B valuation to buck the insurtech downturn trend – TechCrunch
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European insurance tech startup Wefox has raised $400 million in a series D round of funding, giving the German company a post-money valuation of $4.5 billion. This represents a 50% increase on last year’s $3 billion valuation at its series C round.
Founded out of Berlin in 2015, Wefox...
Google’s Gradient backs Penny to help UK workers merge and manage their pension pots – TechCrunch
Paul Sawers - 0
Pensions, by just about any estimation, are a good thing. Ever since the U.K. government introduced auto-enrolment to the national workforce back in 2012, forcing employers to provide a workplace pension scheme by default (i.e. opt-out), this has led to more people saving toward their retirement.
This policy change,...