French billionaire Xavier Niel is joining the board of directors of TikTok’s parent, ByteDance, the company told the South China Morning Post. It’s an interesting move as Niel isn’t a name that comes up very often for high-profile board positions.
He is replacing Philippe Laffont, the founder of the New York-based investment firm Coatue Management, on ByteDance’s board, per the report. Coatue has been considering selling a portion of its stake in ByteDance, according to a report by The Information on August 23.
Niel is the owner of French telecom company Iliad. He has also been an active startup investor with his seed investment firm Kima Ventures and through other investment vehicles. Additionally, he created Station F, a startup campus based in Paris, as well as setting up a computer science school called 42.
Flexible green methanol, which is made without fossil fuels, could rid carbon pollution from a range of industries.
French billionaire Xavier Niel is joining the board of directors of TikTok’s parent, ByteDance, the company told the South China Morning Post. It’s an interesting move as Niel isn’t a…
The Netherlands’ data protection authority has imposed a penalty of €30.5M on Clearview AI for GDPR violations.
X, the social network owned by Elon Musk, is finally rolling out one of the most sought-after features for direct messages: the ability to edit the message. Over the weekend,…
The Dubai-based startup, which now counts 50,000 retail and business customers in the UAE, has netted $22 million led by Altos Ventures.
Fleet is launching several software services on top of its hardware-as-a-service proposition, from device management to cybersecurity and insurance.
The potential of Cercli’s payroll platform has attracted investor interest, leading to $4 million in seed funding.
Hospitals around the world regularly face bed shortages — an issue that can get exacerbated to breaking point when a health scare or other large-scale disaster occurs. A startup called…
India’s fabless semiconductor startup BigEndian has raised $3 million in a seed round led by Vertex Ventures SEA and India.
SparkLabs — an early-stage venture capital firm that has made a name for itself for backing OpenAI as well as a host of other AI startups such as Vectara, Allganize,…
As companies grapple with the challenge of developing a sustainable business without sacrificing their core principles, open source has evolved from a niche approach to software development into the business…
Whether it’s a sophisticated cocktail party, a casual happy hour, a niche meetup, or a skill-building workshop, “Disrupt Week” offers you the flexibility to host a Side Event that truly…
After joining the firm as an investor in 2022, Lu has seen how AI and new distribution platforms are changing the industry for the better.
Only 5 days remain to grab a $200 discount on Student Passes for TechCrunch Disrupt 2024. This special offer ends on September 6 at 11:59 p.m. PT. Don’t miss out!…
Even before Delta came forward, shareholders were looking for their pound of flesh, filing a class action lawsuit against CrowdStrike.
If you have never considered a search engine beyond Google, you might be surprised to see what else is out there.
Customers of WazirX, the Indian cryptocurrency exchange that suffered a $234 million hack in July, are unlikely to recover their funds in full through the ongoing restructuring process, a company…
Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the…
The Mac mini will be the next Apple device to say goodbye to USB-A, according to Bloomberg’s Mark Gurman. Apple customers have probably gotten used to seeing the familiar, rectangular…
No matter who powerful generative AI becomes, writer Ted Chiang says it will never create true art. Chiang is one of the most admired science fiction authors writing today, best…
As businesses experiment with embedding AI everywhere, one area starting to gain more attention is Emotion AI.
Featured Article
Why do so many home robots still suck?
Home robots’ unfulfilled potential is neither because of lack of demand on the part of consumers nor lack of effort from manufacturers.
As we continue to monitor the growth of Africa’s tech ecosystem, it’s essential to highlight and analyze the biggest disclosed acquisitions.
In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose…
A Brazilian court’s decision to ban X (formerly Twitter) seems to be benefiting its rivals, especially Bluesky. The microblogging platform announced late Friday that it was seeing “all-time-highs for activity”…
OpenAI could reportedly increase its valuation to $100 billion. Nvidia and Apple are apparently in talks to contribute to the company’s next fundraising round, and Thrive Capital would lead the…
Amazon announced Friday evening that it has hired Covariant’s founders — Pieter Abbeel, Peter Chen, and Rocky Duan — along with “about a quarter” of the startup’s employees. It’s also…
