Technology News

TechCrunch TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.

  • Lazada, Alibaba’s Southeast Asia e-commerce business, gets a new CEO
    by Jon Russell on December 13, 2018 at 3:14 am

    Alibaba has reshuffled the leadership at Lazada, its e-commerce firm in Southeast Asia, after CEO Lucy Peng — an original Alibaba co-founder — stepped down to be replaced by Lazada executive president Pierre Poignant after just nine months in the role. Alibaba owns more than 90 percent of Lazada but it has been involved in the business […]

  • Pokémon GO trainer battles are now live (for some players)
    by Greg Kumparak on December 13, 2018 at 2:40 am

    Last week we did a deep dive on how Pokémon GO’s new (and long overdue) player-versus-player battle system would work. The only thing we didn’t know at the time was when, exactly, it would actually start rolling out. The answer: tonight. Just a few days ago, Niantic started shipping an update to the app that […]

  • Feds like cryptocurrencies and blockchain tech and so should antitrust agencies
    by Jonathan Shieber on December 13, 2018 at 2:30 am

    Thibault Schrepel Contributor Share on Twitter Thibault Schrepel is an Assistant Professor in the Department of Public Economic Law at Utrecht University and a reviewer at the Stanford Journal of Blockchain Law & Policy. While statements and position papers from most central banks were generally skeptical of cryptocurrencies, the times may be changing. Earlier this […]

  • TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startups
    by Jon Russell on December 13, 2018 at 1:39 am

    TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like approach to investing in startups in the region. The fund was launched in 2016 and it is a joint effort between Australia-based venture fund Aura […]

  • Revolut gets European banking license in Lithuania
    by Romain Dillet on December 13, 2018 at 12:01 am

    Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the regulatory tunnel with a license in hand. As expected, Revolut applied for a license through the Bank of Lithuania and is leveraging […]