Instamojo raises $7M to help SMEs and micro-entrepreneurs in India sell online

In India, startups are quietly building the tools and platforms to enable a different kind of gig economy: one that allows “micro-entrepreneurs” to tap growing access to the internet to sell goods and services online. One such firm helping this burgeoning economy is Instamojo, a seven-year-old Bengaluru-based startup, which has pulled…

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The highest-flying consumer tech stocks have lost $1 trillion

Another day, another stock market setback for once high-flying technology companies, which have lost roughly $1 trillion in the latest stock market slide. Shares of the core group of consumer technology companies, including Facebook, Amazon, Apple, Alphabet and Netflix, are falling again — contributing to the big indexes like the Dow…

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Interest rates and fears of a mounting trade war send tech stocks lower

Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4…

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Tinder now has 4.1M paying users, expects $800M in revenue this year

Facebook Dating is no challenger to Tinder-owner Match Group (NASDAQ: MTCH), which posted third-quarter earnings per share of 44 cents on Tuesday. The company, which owns several brands of internet dating services, including Tinder, Hinge, OkCupid and PlentyOfFish, surpassed analyst’s forecasted revenue of $437 million, reporting Q3 revenue of $444…

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Facebook is weaponizing security to erode privacy

At a Senate hearing this week in which US lawmakers quizzed tech giants on how they should go about drawing up comprehensive Federal consumer privacy protection legislation, Apple’s VP of software technology described privacy as a “core value” for the company. “We want your device to know everything about you but we…

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Sheryl Sandberg shares why she embraces embarrassment at work

When a Facebook breach happens, you should be able to quickly and easily share that news on Facebook.Image: Getty Images This afternoon, Facebook held an emergency press conference to disclose a startling security breach. The company said 50 million Facebook accounts were affected in a hack that allowed attackers to…

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The tech industry actually is a lot like the Wild West but not in the ways you might think

Bandits and sheriffs? Not so much. Capitalism, graft, and regulation? A tale old as time.Image: Getty Images/iStockphoto Strap on your spurs and pull up those chaps! The U.S. government and the tech industry are gearing up for a good old-fashioned Wild West showdown — but not in the way you…

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Twitters deletion of its Facebook app caused old cross-posts to temporarily disappear

(Update: Axios has a post explaining why the cross-posted tweets disappeared. Essentially, Twitter deleted its app from Facebook after Facebook stopped allowing cross-posts earlier this month, since without that feature it was basically useless. This unexpectedly caused old posts to disappear. TechCrunch also heard from a source with understanding of the…

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Activists push back on Facebooks decision to remove a DC protest event

A number of activists and organizers in the Washington, DC area are disputing Facebook’s decision to remove a counter-protest event for a rally organized by Jason Kessler, the white nationalist figure who planned the deadly 2017 rally in Charlottesville, Va. Facebook removed the event, “No Unite the Right 2-DC,” after discovering…

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