TechCrunch Industry News

Freshworks disclosed on Monday that it is aiming for a valuation of up to $9 billion in its US initial public offering in which it is hoping to raise over $800 million. The California-based firm, which started its journey in India and rivals Salesforce, said it plans to sell 28.5 million shares at a price […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Twitter today is introducing a new feature that will allow accounts to self-identify as bots by adding a label to their profile. This feature is designed to help people better differentiate between automated accounts — like bots that retweet the news, public service announcements, or other updates — from those operated by humans. It’s not, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Epic Games has asked Apple to rejoin its Fortnite developer account in South Korea as the U.S. game maker plans to re-release Fortnite on iOS in South Korea, offering both Epic and Apple payments side-by-side, said in a tweet on September 10. Epic has asked Apple to restore our Fortnite developer account. Epic intends to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

GM has extended a shutdown at its Orion Assembly Plant another two weeks due to a battery pack shortage related to the widespread Chevrolet Bolt EV and Bolt EUV safety recall. GM said the extended downtime at the Orion plant will last through September 20. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Roomba is easily among the most ubiquitous robots in the world — but it has never been one of the smartest. On the whole, that’s not a major issue. The top-selling vacuum is good at what it does: cleaning floors. But a roboticist’s work is never done; iRobot has turned the vast majority of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

In late summer, car collectors converged in Monterey, Detroit and, most recently, Oxford, England, in an annual tradition focused on ogling over — and oftentimes bidding for — luxury and historic vehicles. The outdoor luxury automotive events ruled in 2021 after a universal pause the year before due to the COVID-19 pandemic. The events, which […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anti-abortion group Texas Right to Life exposed the personal information of hundreds of job applicants after a website bug allowed anyone to access their resumes, which were stored in an unprotected folder on its website. A security researcher told TechCrunch that the group’s main website, built largely in WordPress, was not properly protecting the file […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Washington D.C’s Howard University has canceled classes after becoming the latest educational institution to be hit by a ransomware attack. The incident was discovered on September 3, just weeks after students returned to campus, when the University’s Enterprise Technology Services (ETS) detected “unusual activity” on the University’s network and intentionally shut it down in order […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Australian buy now, pay later (BNPL) company Zip this week acquired South Africa-based BNPL player Payflex for an undisclosed amount. It’s a piece of news that once again highlights the hype around BNPL services and the quest for global dominance among the leading players. This year we have covered BNPL services from the likes of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dukaan, a one-year-old Bangalore-based startup that enables merchants to set up online stores and sell products digitally, said on Monday it has raised $11 million in a new financing round as it looks to broaden its offerings and deepen footprints in the South Asian market. The new financing round, a Pre-Series A, was led by […] Learn more about your ad choices. Visit podcastchoices.com/adchoices