December 17, 20210CommentsA look at Germany’s “Silicon Saxony”, which accounts for one in three chips made in Europe, as the EU aims to double its global chip market share to 20% by 2030 (Joe Miller/Financial Times)
December 17, 20210CommentsTikTok launches a Discord server with five moderators, as brands use the messaging tool to forge a sense of community, including Wendy’s with 60K+ Discord users (Amanda Silberling/TechCrunch)
December 17, 20210CommentsPakistan-based CreditBook, a bookkeeping app for small merchants, raises an $11M pre-Series A led by Tiger Global, the VC’s first investment in the country (Manish Singh/TechCrunch)
December 17, 20210CommentsA look at the cycles of decentralization and recentralization, and why we won’t understand what Web3 consists of until after the next bubble pops (Tim O’Reilly/O’Reilly Media)
December 17, 20210CommentsThe CFPB probes buy now, pay later practices of Affirm, Afterpay, PayPal, Klarna, and Zip, citing concerns over customers’ debt accumulation and data harvesting (Paul R. La Monica/CNN)
December 17, 20210CommentsGM’s Cruise says CEO Dan Ammann is leaving the company “to pursue other opportunities”, and Cruise co-founder and CTO Kyle Vogt will take over as interim CEO (Andrew J. Hawkins/The Verge)
December 17, 20210CommentsSources say the FTC has opened an in-depth probe into Meta’s acquisition of Within, the company behind VR fitness game Supernatural (Josh Sisco/The Information)