In May, while unveiling the newest iPad at an Apple event, CEO Tim Cook wore a custom-made, one-of-a-kind pair of Nike sneakers whose decorative stitching included the words “Made on iPad.” It wasn’t just a collab between Apple and Nike. As Bloomberg reminds readers, Cook has been on Nike’s board since 2005, when Cook was […]
Tim Cook’s other job | TechCrunch Read More »
Shortly after the social marketplace Poshmark announced it would lower selling fees and increase fees for buyers, the company decided to revert to its original fee structure following outrage among sellers. In an email to sellers sent on Monday (and viewed by TechCrunch), founder and CEO Manish Chandra wrote an apology about the fee change,
Days after 159 people accepted Automattic CEO Matt Mullenweg’s offer of a six-month severance package to employees who wanted to leave, the company floated a new offer late on October 16 of a nine-month severance package to anybody who quit immediately. Employees had four hours to decide whether they wanted to take the deal. In
Zuora, a company selling software to help businesses manage their subscription-based services, has agreed to be acquired by private equity firms GIC and Silver Lake for $1.7 billion. The all-cash deal is expected to close in Q1 2025, subject to approvals and customary closing conditions. It’ll take Zuora, which is currently publicly traded, private; Tien
Subscription management firm Zuora agrees to be acquired for $1.7B Read More »
According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $30 million to $40 million in Truemeds, an Indian online pharmacy that’s focused on providing customers with more affordable generic alternatives to costly branded medications. The talks are currently centered on a proposed valuation
Accel eyes stake in India’s Truemeds at $330 million valuation Read More »
Airbnb hosting has become a complicated business, from setting up a listing and managing the property to understanding price dynamics, communicating with customers, and tracking earnings. The tricky part is that the more properties hosts manage, the harder it becomes for them to juggle everything. To solve this problem, Airbnb is introducing the Co-Host Network feature,
Airbnb launches a network that lets hosts hire other hosts Read More »
After bringing generative AI to Search in 2023, Google is supercharging its Shopping tab with the technology. The company announced on Tuesday that it will use AI to help users shop for products based on exactly what they’re looking for. It also launched a new scrollable feed of personalized, shoppable products. Now, when you search
Google supercharges Shopping tab with AI and personalized recommendation feed Read More »
The European Union has dialed up scrutiny of Chinese ecommerce marketplace Temu, asking for more information about its compliance with multiple provisions of the bloc’s online governance framework, the Digital Services Act (DSA), including in relation to how it prevents the sale of illegal goods on its platform. Back in May scores of consumer protection
Temu gets more questions from the EU about illegal product risks Read More »
On Wednesday, Amazon announced several new ways it plans to enhance the grocery shopping experience for Prime members. These include enabling Same-Day Delivery for both fresh groceries and Amazon.com products simultaneously, as well as introducing additional features to simplify the shopping process. Amazon aims to enhance its online grocery delivery service by allowing Prime members
Amazon makes shopping for groceries online less confusing Read More »
Amazon on Wednesday introduced the latest in a series of AI features and products aimed at consumers: AI shopping guides. The guides, arriving Thursday, will span over 100 product types on Amazon.com and will help to consolidate the key information consumers tend to research before making a purchase as well as provide a list of
Amazon debuts AI-powered Shopping Guides Read More »
