TechCrunch Industry News

As part of its ongoing efforts to expand into e-commerce, Twitter today announced a new partnership with Shopify. The deal will see Twitter launching a sales channel app that will be made available to all of Shopify’s U.S. merchants through its app store. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In mid-May, Wingcopter announced an extremely ambitious plan to deploy some 12,000 of its fixed-wing UAVs in Sub-Saharan Africa over the next half decade. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Singapore-based Stashfin has raised $270 million in a new funding round as the neobanking platform, which currently only serves customers in India, looks to expand to Southeast Asia and other South Asian markets, it said Tuesday. Learn more about your ad choices. Visit podcastchoices.com/adchoices

NFT marketplace Magic Eden, launched just nine months ago, has raised $130 million in a Series B round co-led by Electric Capital and Greylock Partners, bringing its valuation to $1.6 billion. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power supply, despite knowing the promise of crypto as a way to evade international sanctions. Learn more about your ad choices. Visit podcastchoices.com/adchoices

RansomHouse, a ransomware gang, has claimed responsibility for the cyberattack on Shoprite, Africa’s largest retailer. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Three months after announcing it would make a big push into software and enterprise, fintech giant Brex is apparently abandoning the very segment it started out to serve – small and medium-to-sized businesses. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The crypto gaming industry is continuing to grow in popularity as more capital is deployed in the space and traditional Web 2.0 gaming studios look to enter the web3 market. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Reddit announced Thursday that it would buy Spell, a platform for running machine learning experiments, for an undisclosed amount. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Google Maps is introducing a new widget for Android that will be another use for the functionality that helped make a name for Waze, the other driving and mapping app that Google acquired nearly a decade ago. Learn more about your ad choices. Visit podcastchoices.com/adchoices