Category: TC

The SEC and the DOJ just charged this startup founder with fraud, saying he lied to Tiger and others

Today, both the U.S. Department of Justice and the Securities and Exchange Commission charged Manish Lachwani, cofounder of a mobile app testing company Headspin, with fraud. The SEC says he violated antifraud provisions and the civil penalties it’s seeking include a permanent injunction, a conduct-based injunction, and an officer and…

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Daily Crunch: South Korea’s parliament delays final vote on ‘anti-Google law’

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for August 25, 2021. If you wanted to know just how fast the technology news cycle is running today, look no…

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Fig raises $2.2M to supercharge the terminal

Can an old Terminal learn new tricks? Fig, a company out of Y Combinator’s S20 class, has raised a $2.2M seed round to prove that it can. Their goal: augment (but don’t try to replace) the command line terminal that so many people use every day and make it more…

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Netflix sets ‘Tudum,’ its first ever virtual global fan event, for September 25

Netflix has announced Tudum, a global virtual fan event set for September 25 that will showcase exclusive news and first looks at some of the streaming giant’s original content. Tudum, which is named after the sound users hear when they press play on Netflix, will feature stars and creators from…

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Final vote delayed for Korea’s plan to ban Google and Apple in-app payment rules

As Apple and Google continue to face increasing scrutiny over the rules they set for how third-party apps in their app stores charge for services, a significant development in that story is going down in South Korea. South Korea’s parliamentary committee passed on Wednesday (25 August) a landmark bill to…

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Vietnam after-school learning startup Marathon raises $1.5M pre-seed round

Marathon Education was created after its founders realized after-school education in Vietnam hadn’t evolved much since they were kids. Some of the most popular tuition centers in big cities teach hundreds of students at once. “They’re packed like sardines and that really has not changed in the past one or…

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