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Posts Tagged ‘amazon’

This Week in Apps: TikTok viral hit breaks Spotify records, inauguration boosts news app installs, judge rules against Parler

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices ...

Parler loses fight to force Amazon to restore service

A U.S. judge in Seattle has rejected a demand from Parler that Amazon.com restore web hosting services for the right-wing chat app, terminated after the January 6 assault on the Capitol. On Thursday, U.S. District Judge Barbara Rothstein said Parle... ...

Indian stock exchanges approve $3.4B Reliance and Future deal in setback for Amazon

Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 billion in the world’s second largest internet market and sought to block the aforementioned deal. The Bombay Stock Exchange said in a notification that it ...

Flipkart doubles down on rewards program, partners with 5,000 retail outlets in India

Flipkart on Monday launched SuperCoin Pay that its customers will be able to use across thousands of retail stores across the country as Walmart-owned e-commerce giant bets on its loyalty program to win and sustain its user base in the world’s second largest internet market. The Bangalore-headquartered e-commerce giant said it had partnered with over ...

Nuclear fusion tech developer General Fusion now has Shopify and Amazon founders backing it

In a brief announcement today, the Canadian nuclear fusion technology developer General Fusion announced that the investment firm created by Shopify founder Tobias Lütke has joined the company’s cap table. The size of the investment made by Lütke’s Thistledown Capital was not disclosed, but with the addition, General Fusion has the founders of the two ...

Can’t figure out how to end your Amazon Prime sub? These complaints could help…

Amazon’s use of dark patterns that add friction to the process of terminating a Prime subscription is being targeted by 16 consumer rights groups in Europe and the US which are taking coordinated action to urge regulatory intervention. One of them — Norway’s Consumer Council (NCC) — has also published a report calling out what ...

Hopin might be the fastest growth story of this era

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. Happy 2021, or as our own Danny Crichton aptly names it, December 38, 2020. Equity crew is back to start the new year in full force, with Alex, Natasha and Danny on the mics and Chris behind the scenes. The ...

The Amazon-Berkshire Hathaway-JPMorgan healthcare joint venture is officially ending

A somewhat nebulous, but high-profile and potentially heavily moneyed joint venture is coming to an end: Haven, the JV created by Amazon, Berkshire Hathaway and JPMorgan Chase, is being “disbanded” according to CNBC, three years after its original formation. One of the main reasons is that each partner in the venture was apparently just pursuing ...

Color raises $167 million funding at $1.5 billion valuation to expand ‘last mile’ of U.S. health infrastructure

Healthcare startup Color has raised a sizeable $167 million in Series D funding round, at a valuation of $1.5 billion post-money, the company announced today. This brings the total raised by Color to $278 million, with its latest large round intended to help it build on a record year of growth in 2020 with even ...

Amazon acquires podcast network Wondery

Amazon just announced that it’s acquiring Wondery, the network behind podcasts including “***** John” and “Dr. Death.” Wondery will become part of Amazon Music, which added support for podcasts (including its own original shows) in September. At the same time, the announcement claims that “nothing will change for listeners” and that the network’s podcasts will continue ...