Flatpay, which facilitates card payments for SMBs, has joined the ranks of European fintech unicorns — or startups valued at more than $1 billion — a milestone that has driven some of the region’s biggest exits. These include competitors like Adyen, a Dutch payment processing giant that remains far ahead in scale. However, Flatpay’s fresh…
The death of a neighborhood bodega cat named Kit Kat has shaken San Francisco’s Mission District, according to The New York Times. After Kit Kat was run over by a Waymo robotaxi on the evening of October 27, locals created a shrine to memorialize him. The area has also been decorated with competing signs, some…
Amazon’s budding satellite internet program is no longer called Project Kuiper. It is now known simply as “Leo.” The name change comes as the company appears to be shifting its focus from “unserved or underserved” communities to securing larger commercial contracts. The satellite network has been in the works since 2019 and, as Amazon tells…
When Nigel Morris tells you he’s worried about the economy, you listen. As industry observers know, Morris co-founded Capital One and pioneered lending to subprime borrowers, building an empire on understanding exactly how much financial stress the average American can handle. Now, as an early investor in Klarna and other buy-now-pay-later companies like Aplazo in…
Apple is getting serious about succession planning, according to a new report in The Financial Times. The company’s board and senior executives are reportedly preparing for the possibility that Tim Cook could step down as CEO as soon as early next year. This would come after Apple’s earnings report in late January, giving the new…
According to a new report from the International Energy Agency, the world will spend $580 billion on data centers this year — $40 billion more than will be spent finding new oil supplies. Those numbers help to illustrate some big shifts in the global economy, and comparing data centers and oil seems particularly apt given…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! It seems like a day doesn’t go by without Waymo making some kind of expansion announcement. Detroit, Las Vegas, Nashville, San…
JPMorgan Chase says it’s been billed a total of $142 million in legal fees for the defense of Charlie Javice and Olivier Amar, respectively the founder and chief marketing officer at financial aid startup Frank. JPMorgan acquired Frank for $175 million in 2021, but earlier thai year, Javice and Amar were found guilty earlier of…
A federal jury in California ruled Friday that Apple must pay medical device maker Masimo $634 million for infringing a patent on blood oxygen monitoring technology. Reuters reports that the jury found that the Apple Watch’s workout mode and heart rate notification features violated Masimo’s patent. “This is a significant win in our ongoing efforts…
After a two-week blackout, YouTube TV and Disney announced Friday that they have reached a deal. In addition to bringing Disney networks like ABC, ESPN, and FX back to YouTube’s streaming TV service, the deal will also see ESPN make its new direct-to-consumer service available on YouTube TV at no additional price. YouTube will also…
