Facebook parent Meta’s been putting up a strong fight appealing the UK antitrust decision investigating and ultimately ordering Meta to sell Giphy, the GIF marketplace that it acquired back in May 2020 for around $315 million; and now it has gotten a small stay of execution: the UK’s Competition Appeal Tribunal has sent the case…
TechCrunch Disrupt returns live and in person October 18–20 in San Francisco, with an online day on October 21. That means it’s time to refresh your face-to-face networking skills, get ready to connect with the startup ecosystem and track down opportunities IRL. Do not worry — we’ve got your back. A quick, budget-friendly reminder: Buy…
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back to cover the biggest, and most interesting technology, startup, and markets news. Today was a fun day in that we didn’t start off with just bad news — what a…
Thor: Love and Thunder director Taika Waititi breaks down the important role music played both on and off screen while filming. Read More
TikTok’s global chief security officer Roland Cloutier has stepped down, shortly after the company announced a significant shift in its data protection rules. Kim Albarella, who was previously head of security risk, vendor, and client assurance at the company is set to step into Cloutier’s shoes on an interim basis. The news comes as TikTok…
Sony is facing a class action lawsuit regarding a game-crashing PS5 defect. But do the accusations hold any weight? Plaintiff Christina Trejo of Illinois filed the lawsuit after discovering the PS5 was prone to shutting down entirely during gameplay. The court documentation states that the defect “affects users’ ability to play video games and compromises…
JPMorgan, Citi, and Wells Fargo reported strong card spending in Q2. Record inflation may have augmented Q2’s volume growth—higher prices mean more spending on a dollar-for-dollar basis. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. The news: Card issuers reported strong volume growth…
Luggage starts to pile up at Pearson International Airport on June 10 2022. Steve Russell/Toronto Star via Getty Images. An Air Canada ramp agent said this summer’s travel chaos is “hands down the worst” he’s ever seen. “Everybody’s overworked,” he told Insider, adding that some workers are on the verge of quitting. He said the…
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Stocks have fallen sharply in 2022. Tetra Images/Getty Images US stocks are set to keep falling even if the economy avoids a recession, according to Morgan Stanley’s Mike Wilson. Wilson said analysts are too optimistic about company earnings, which are likely to slow sharply as inflation bites. He expects the S&P 500 to stand at…