TechCrunch Industry News

India is pushing ahead with its new cybersecurity rules that will require cloud service providers and VPN operators to maintain names of their customers and their IP addresses despite many players threatening to leave the world’s second largest internet market over the new guidelines. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Amazon said it will help neighborhood stores across India launch their own digital storefronts to better serve their customers, the latest effort by the e-commerce giant as it attempts to leverage the dense network of offline stores in the key overseas market. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners. Existing backers Accel, Better Tomorrow Ventures, Aleph, and Flourish Ventures also participated in the financing, which values the company at $1.2 billion. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Last January, Red Hat announced that it was acquiring Kubernetes security startup StackRox, a company that had raised over $65 million since it was founded in 2014. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sydney-based Curious Thing is an aptly-named startup. The voice AI communication platform can call people and ask them questions like “How are you feeling today?” and then follow up with “how does it feel compared to yesterday?” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tech giants including Amazon, Google and Microsoft have pledged millions of dollars to bolster the security of open source software. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Binance, the world’s largest cryptocurrency exchange by volume, has suspended trading of Terraform Labs’ Terra (Luna) and TerraUSD (UST) tokens across most of its spot pairs, and for Luna, additionally across all of cross margins and isolated margins pairs following one of the biggest meltdowns in the history of cryptocurrencies. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Twitter staff must really be wishing for a quiet life… Elon Musk, the gadfly billionaire who recently decided he wants to add the social media platform to his collection of tech firms, has just tweeted that his $43BN bid to buy the company is “on hold pending details supporting calculation that spam/fake accounts. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stock-outs, unpredictable prices of farm produce and a lack of working capital are among the challenges that plague small restaurants and food vendors in emerging markets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

African payments company Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital to scale its digital payment services across the continent, the two private investment firms said in a statement Wednesday. Learn more about your ad choices. Visit podcastchoices.com/adchoices