In times of economic downturn, it’s no surprise that marketing budgets are the first to get cut. The percentage of overall revenue allocated to marketing budgets dropped by 4.4% between 2022 and 2023. The

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Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of the world’s largest esports markets is “prohibitively expensive.” In a blog post, Twitch CEO Dan

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Avenir Growth Partners is seeking to raise $800 million for its fifth fund, it disclosed in a securities filing, two years after it began the paperworks for raising its IV fund. It ended up raising about $780

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Discord launched a major refresh of its mobile app on Tuesday, putting messaging front-and-center while making a host of small improvements that users have been asking for. Inspired by user feedback, the redesigned

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Apple has warned India that its local production targets will be impacted if it follows the lead of the European Union to require existing iPhones to have universal charging ports. A Reuters report detailed an

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Meta, the parent company of Facebook, has been hit with a €550 million ($600m) lawsuit by AMI, an umbrella group that represents 83 Spanish media outlets. As reported by Reuters, the class action has been taken due

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Ericsson has clinched a monumental $14 billion contract to modernize AT&T Inc.’s wireless network, according to a recent Bloomberg report. This deal, focusing on the development of an open network, marks a

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The cryptocurrency industry is on track to set a new record for federal lobbying spending in 2023. According to data from OpenSecrets and reported by Reuters, a nonprofit research group, crypto companies have

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Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today. The Information first broke the news. “Navan has recorded

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