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Tech News

  • Posted on January 19, 2023

Oro, an open-source B2B ecommerce platform from Magento’s cofounder, raises $13M

Oro, an open source ecommerce platform co-created by Magento’s cofounder and former CTO, today announced it has raised $13 million in a strategic growth round of funding. Founded in 2012, Los Angeles-based Oro’s

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  • Posted on January 19, 2023

A lot of fintechs “have to fix their business models,” say VCs who invest in fintechs

In recent years, working for, or banking with, a traditional financial institution was decidedly uncool. Far cooler was working for or banking with one of the many fintech startups that seemed to thumb their nose at

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  • Posted on January 19, 2023

Twitter Blue is now available on Android at the same price as iOS

A day after launching an annual subscription for Twitter Blue, the social media company has extended the paid plan to users on Android. Individuals will have to pay $11 per month if they buy the Twitter Blue plan

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  • Posted on January 19, 2023

India’s PhonePe tops $12 billion valuation in new funding

PhonePe’s valuation has surged to $12 billion in a new funding round as the Indian fintech giant readies for life without parent firm Flipkart. The Bengaluru-headquartered startup said it has raised $350 million and

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  • Posted on January 19, 2023

Shein valuation reportedly plummets by a third as it seeks $3B

Shein, the fast fashion behemoth that has swept across the world, is raising a significant down round as the startup world braces for a funding crunch. The e-commerce platform known for jaw-dropping outfit prices

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  • Posted on January 19, 2023

Curated Loop is ranging indie designer picks for an edgier take on fashion rentals

Here’s a fashion rental startup with a twist: London, U.K.-based Curated Loop — which soft-launched a high-end fashion rental marketplace last week after bootstrapping to launch an MVP — is sourcing statement pieces

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  • Posted on January 19, 2023

Musk stands to lose billions in trial over ‘funding secured’ tweet

The question of whether Tesla CEO Elon Musk is a fraud or is just too careless with his words took center stage in a San Francisco court room Wednesday. Under the microscope was Musk’s notorious 2018 tweet that

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  • Posted on January 18, 2023

Daily Crunch: GoMechanic lays off 70% after investors discover ‘founders knowingly misstated facts’

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Helloooo, Crunchers! The heavy goods train of tech news keeps on rollin’ down (and

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  • Posted on January 18, 2023

Scrintal raises $1 million for its visual collaboration tool

Founded by Ece Kural and Furkan Bayraktar, Scrintal is a visual note-taking and collaboration tool. The Sweden-based company’s product combines visual canvases with documentation to help professionals and teams go

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  • Posted on January 18, 2023

Amazon fined by regulators for unsafe warehouse work conditions

Federal regulators from the Occupational Safety and Health Administration (OSHA) found that three Amazon warehouse facilities had violated legislation designed to require employers to provide safe working

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