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Substack acqui-hires team behind subscription social app Cocoon

Subscription newsletter platform kingpin Substack shared today that they’ve acqui-hired the team behind Cocoon, a subscription social media app built for close friends.We covered the Y Combinato

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India’s Khatabook raises $100 million for its bookkeeping platform for merchants

Khatabook, a startup that is helping merchants in India digitize their bookkeeping and accept online payments, said on Tuesday it has raised $100 million in a new financing round as it prepares to lau

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GM says it will seek reimbursement from LG Chem for $1B Chevy Bolt recall losses

American automaker General Motors expanded its recall of Chevrolet Bolt electric vehicles on Friday due to fire risks from battery manufacturing defects. The automaker said it would seek reimbursement

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Future tech exits have a lot to live up to

Inflation may or may not prove transitory when it comes to consumer prices, but startup valuations are definitely rising — and noticeably so — in recent quarters.That’s the obvious t

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Why have the markets spurned public neoinsurance startups?

We’ve spent quite a lot of time of late wondering just what the heck is up with the valuations of insurtech startups that went public in the last year. Keep in mind that we’re discussing n

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Tesla Bots may be the latest in a long line of Elon Musk claims that haven't come to fruition

The billionaire has a track record of making outrageous claims and predictions that have not come to fruition.

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Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

Servicing one’s car personally is a time-consuming, expensive and painstaking process. It’s a cycle that can lead to more expensive repairs and safety issues down the line, and no car owne

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Italian fugitive connected to stolen Van Gogh paintings arrested

A suspected Italian drug trafficker who police believe may have bought two stolen Vincent Van Gogh paintings has been arrested in the United Arab Emirates (UAE), a police statement said on Thursda

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Daily Crunch: Alerzo lands $10.5 million Series A for digitizing Nigeria’s mom-and-pop stores

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.Hello and welcome to Daily Crunch for August 20, 2021. The week is f

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How will the Taliban takeover impact Afghanistan's economy?

Afghanistan's economy is "shaped by fragility and aid dependence" and its biggest economic challenge is "finding sustainable sources of growth," according to the World Bank.About 75 percent of the

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$40bn takeover of UK chip designer Arm Holdings raises 'serious competition concerns'

Britain's competition and markets authority said the planned deal could mean more expensive or lower quality products in cutting-edge technologies.

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Cardiomatics bags $3.2M for its ECG-reading AI

Poland-based healthtech AI startup Cardiomatics has announced a $3.2M seed raise to expand use of its electrocardiogram (ECG) reading automation technology.The round is led by Central and Eastern Euro

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Spotify to spend $1B buying its own stock

Music streaming service Spotify today said it will spend up to $1 billion between now and April 21, 2026 to repurchase its own shares. The dollar amount represents just under 2.5% of Spotify’s m

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Nvidia-ARM takeover raises serious antitrust concerns, finds UK’s CMA

The UK’s competition watchdog has raised serious concerns about Nvidia’s proposed takeover of chip designer, ARM.Its assessment was published today by the government which will now need to

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Cholera kills at least 35 in Niger

An ongoing cholera epidemic since mid-July has claimed 35 lives in Niger, the country's health ministry said on Thursday.A total of 845 cases were recorded in at least six regions across the West Afr

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Why is Embiid signing a huge contract extension with the 76ers now?

Joel Embiid (#21) of the Philadelphia 76ers looks on in Game 6 of the NBA Eastern Conference semifinals against the Atlanta Hawks at State Farm Arena in Atlanta, Georgia, U.S., June 18, 2021. /CF

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Actuator: Stop making sense

First of all, we’ve got a fancy new name. While “Robotics Roundup” was nothing if not very technically accurate, it lacked the kind of panache one ought to strive for when rounding up robotics. Actuat