Tag: Startup

Tax evasion, money laundering and other financial crimes are massive, costly issues. In 2021, the Internal Revenue Service estimated that the U.S. loses $1 trillion a year due to tax evasion alone. IVIX thinks AI can help with that. The Tel Aviv–based startup uses AI, machine learning and public databases of business activity to help…

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. Fri-yay indeed. We sigh, as humans spool up to take a break, while the semi-sentient machines continue writing their poetry in their air-conditioned underground data-center homes. In my column this week, I spent a bit of time thinking about the…

We love mergers and acquisitions here at TechCrunch. We even kind of like reverse mergers. But this latest development in the robotics industry sure has us excited! Delivery robots maker Serve Robotics is going public via a reverse merger with a blank-check company, and it raised $30 million just before the deal. That could be…

The massive online retailer is bringing back a popular favorite as the holiday season is in sight…

The relationship between fintechs and incumbents has long been fraught with tension. But Marie-Elise Droga believes it doesn’t have to be this way. Droga joined payments giant Visa as SVP, head of global and NA fintech partnerships in December 2022 to lead the development, commercialization and implementation of all Visa products, new payment flow solutions…

U.K. cybersecurity giant NCC Group has confirmed it’s making more layoffs, just months after it slashed its workforce by 7%. The Manchester, U.K.-based company is undergoing its second round of layoffs in just six months, a person with knowledge of the matter told TechCrunch. NCC Group confirmed that it’s making a “small number” of layoffs…

Share to FacebookShare to TwitterShare to LinkedinCharles Li, cofounder and chairman of Micro Connect. Courtesy of Micro Connect Financial technology startup Micro Connect – backed by the likes of Hong Kong billionaire Li Ka-shing and property tycoon Adrian Cheng – announced it raised $458 million in a Series C funding round, valuing the two-year-old startup…

Share to FacebookShare to LinkedinTopline Moderna and BioNTech shares both cratered to their lowest price in years Monday as the companies behind the most widely-circulated mRNA Covid-19 vaccines grapple with investor disappointment with crashing revenues. Moderna and BioNTech each suffered major stock losses Monday. LightRocket via Getty Images Key Facts BioNTech and Moderna’s stocks fell…

This company’s stock has surged throughout the year. But it took a tumble right after earnings…

The e-commerce/technology titan’s stock has soared 9% since Aug. 2, following a strong earnings report…