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Ant is changing how consumers borrow money from its app

In December 2020, Beijing laid out a guideline for Ant Group to “rectify” its business after calling off its IPO, which could have been the largest initial public offering in history. In the plan, regulators asked Ant to revamp its credit business, among other changes that would make it subject to the same set of...

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The Future of Data Localization in a Globalized World

Opinions expressed by Entrepreneur contributors are their own. In keeping with the increasing importance of data in the global economy, governments have become more given to putting restrictions on the flow of data across their borders. According to a new report from the Information Technology and Innovation Foundation, there’s has been a marked increase in...

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How Pilot convinced Index Ventures to think long-term about margins

On a recently recorded (and soon-to-be published) episode of the Found podcast, an entrepreneur told my co-host and me that he sees a broad swath of the venture capitalists out there as money managers, more focused on short-term gains and returns than long-term revolutionary technology. Whether you agree or not, it’s hard to ignore the...

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Forest bags $8M seed round to acquire Japanese e-commerce brands 

Japan has been the birthplace of traditional arts and crafts since ancient times. Craftmanship, meticulous attention to detail and balance of design and functionality have contributed to creating unique Japanese products like pottery, traditional fabrics, washi (paper), woodwork, glasses, bento-boxes and more.  This craftsmanship continues to be passed along from generation to generation and live...

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Coinbase acqui-hires team behind BRD crypto wallet

As crypto proponents look to onboard a new generation of users, one of the major consumer onramps has been a host of consumer wallet apps with slick interfaces. Today, Coinbase announced that it is bringing on the team from BRD — a crypto wallet startup that first launched its mobile wallet back in 2014. While...

Gift Guide: Black Friday tech deals that really are worth looking at
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Gift Guide: Black Friday tech deals that really are worth looking at

Welcome to TechCrunch’s 2021 Holiday Gift Guide! Need help with gift ideas? We’ve got lots of them. We’re just starting to roll out this year’s gift guides, so check back from now until the end of December for more!  It is, somehow, that time again! Thanksgiving is hours away, which means it’s time to figure...

Robots and AI assist in designing and building Swiss university’s ‘hanging gardens’
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Robots and AI assist in designing and building Swiss university’s ‘hanging gardens’

Architecture and construction have always been, rather quietly, at the bleeding edge of tech and materials trends. It’s no surprise, then, especially at a renowned technical university like ETH Zurich, to find a project utilizing AI and robotics in a new approach to these arts. The automated design and construction they are experimenting with show...

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TabTrader raises $5.8M for a mobile app that aggregates crypto exchange data

As many of the top cryptocurrencies seem to temporarily stabilize near all-time-highs, users looking to speculate on tokens that are a bit more volatile are searching across exchanges to find deals. Amsterdam-based startup TabTrader has been capitalizing on this search with a platform that aggregates prices and token availability across dozens of exchanges. While other...