Author: Tech Support

Indian grocery delivery startup Grofers raises ~$60M from SoftBank Vision Fund, as part of a larger Series F round in progress, reportedly at a $425M valuation (Alnoor Peermohamed/The Economic Times)

Alnoor Peermohamed / The Economic Times: Indian grocery delivery startup Grofers raises ~$60M from SoftBank Vision Fund, as part of a larger Series F round in progress, reportedly at a $425M valuation  —  SoftBank has moved Grofers to its $100 billion Vision Fund.  The Japanese group had earlier backed the e-grocer through its balance sheet.

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Revolut CFO Peter O'Higgins resigns this week in wake of allegations made against Revolut of allowing money laundering, and using dodgy hiring practices (Finextra Research)

Finextra Research: Revolut CFO Peter O’Higgins resigns this week in wake of allegations made against Revolut of allowing money laundering, and using dodgy hiring practices  —  The CFO of Revolut has resigned as the fintech unicorn makes headlines for all the wrong reasons, with allegations surface over serious lapses … Revolut CFO Peter O'Higgins resigns

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LinkedIn suspends emails to connections when a European member has been mentioned in the news, after algorithm mixes up identities (Natasha Lomas/TechCrunch)

Natasha Lomas / TechCrunch: LinkedIn suspends emails to connections when a European member has been mentioned in the news, after algorithm mixes up identities  —  LinkedIn has been forced to ‘pause’ a feature in Europe in which the platform emails members’ connections when they’ve been ‘mentioned in the news’. LinkedIn suspends emails to connections when

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Thailand's government passes cybersecurity bill that has been criticized for vagueness and the potential to give the government sweeping access to user data (Jon Russell/TechCrunch)

Jon Russell / TechCrunch: Thailand’s government passes cybersecurity bill that has been criticized for vagueness and the potential to give the government sweeping access to user data  —  Thailand’s government passed a controversial cybersecurity bill today that has been criticized for vagueness and the potential to enable sweeping access internet user data. Thailand's government passes

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Dell reports Q4 revenue of $23.84B, up 9% YoY, in its first quarter as a newly public company, but a net loss of $287M, up from $133M in 2018 (Robert Hof/SiliconANGLE)

Robert Hof / SiliconANGLE: Dell reports Q4 revenue of $23.84B, up 9% YoY, in its first quarter as a newly public company, but a net loss of $287M, up from $133M in 2018  —  In its first quarter as a newly public company, Dell Technologies Inc. today reported marginally better-than-expected quarterly revenue growth but a

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Twitter says in the coming months it will test a Hide Tweet feature that allows users to hide replies to their tweets that others can view through a menu option (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Twitter says in the coming months it will test a Hide Tweet feature that allows users to hide replies to their tweets that others can view through a menu option  —  Twitter has confirmed it’s developing a new “Hide Tweet” option, but has yet to provide detail about its launch plans

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Tesla says it is shifting all sales globally to online, resulting in some store closures and layoffs but allowing vehicle prices to be lowered by ~6% on average (Kirsten Korosec/TechCrunch)

Kirsten Korosec / TechCrunch: Tesla says it is shifting all sales globally to online, resulting in some store closures and layoffs but allowing vehicle prices to be lowered by ~6% on average  —  Tesla is moving all of its sales online, a dramatic shift in its sales strategy that will result in the closure of

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In letter to Sen. Warner, Facebook says teens were ~18% of users of its Research app over its lifetime; Facebook had said publicly that teens were less than 5% (Josh Constine/TechCrunch)

Josh Constine / TechCrunch: In letter to Sen. Warner, Facebook says teens were ~18% of users of its Research app over its lifetime; Facebook had said publicly that teens were less than 5%  —  Facebook has changed its story after initially trying to downplay how it targeted teens with its Research program … In letter

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RIAA: US revenue for recorded music grew 12% in 2018 to $9.8B largely due to a 30% surge in streaming revenue; subscriptions to services like Spotify topped 50M (Jem Aswad/Variety)

Jem Aswad / Variety: RIAA: US revenue for recorded music grew 12% in 2018 to $9.8B largely due to a 30% surge in streaming revenue; subscriptions to services like Spotify topped 50M  —  The U.S. music industry posted its third consecutive year of double-digit growth, according to the RIAA’s year-end revenue report issued today. RIAA:

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