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Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. Factor in that more people were spending more time at home than ever due to COVID shelter-in-place orders, home took on new meaning. You can read my story on that here ).

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Daily Crunch: After buying Twitter, will Musk bite back at Apple’s in-app purchase fees?

TechCrunch

99 Twitter problems, and Apple might have one : It’s no secret that Elon Musk thinks Apple’s 30% IAP (“inventor assistance program” to those of us not up on tech lingo) transaction charge to developers is “a lot.” OTI raises $55 million for technology to remove screen obstructions. Big Tech Inc. — Christine and Haje.

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Austin emerges as a city of unicorns and tech giants

TechCrunch

As Austin’s skyline expands, the city continues to solidify its standing as a tech hub. It’s a city of unicorns and tech giants. Austin is also home to secondary offices of many of the largest tech companies in the world, including Google, Apple, Oracle, Amazon, Facebook and SpaceX. And the numbers are there to back it up.

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10 projects top of mind for IT leaders today

CIO

Tech services provider Logicalis found in its 2024 Global CIO Report that 89% of CIOs reported “actively seeking opportunities to incorporate AI capabilities into their companies,” making it the No. A committee reviews potential projects and expected returns, to ensure the company is pursuing impactful AI initiatives.

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Egyptian healthtech startup Vezeeta cuts 10% of 500-person staff

TechCrunch

The last time we covered Vezeeta was in 2020, when it raised $40 million in Series D funding (the joint largest single healthtech round in Africa alongside Reliance Health ) from Gulf Capital and Saudi Technology Ventures (STV). Layoffs hit crypto and real estate tech particularly hard this week. healthtech space.

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2019 in Review: New York Tech on the Rise

BrainStation Technology

We’ve talked about the growth of New York’s tech scene, but 2019 might prove to be a pivotal year in the city’s emerging status as a global tech leader. . Here are some of the things we learned from the biggest New York tech industry stories and developments from 2019. Government Continues to Support Tech and AI.

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When fundraising, New Zealand startup founders should play the ‘Kiwi card’

TechCrunch

New Zealand, a country of 5 million people in the South Pacific, has witnessed a shifting tech startup landscape over the last couple of years. Founders and VCs in New Zealand are hopeful that the increase in funding from multiple sources is a signal that technology might just become the country’s next big industry.