Technology

Tiger Global loses Indian tax case linked to Walmart-Flipkart deal in blow to offshore playbook

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✨ Read this trending post from TechCrunch 📖 📂 **Category**: Commerce,Government & Policy,Startups,Venture,Flipkart,tiger global,Walmart 📌 **What You’ll Learn**: India's Supreme Court has ruled against Tiger Global in a tax case stemming from its exit from Flipkart during its 2018 acquisition of Walmart, a decision that strengthens New Delhi's ability to challenge offshore treaty structures and could increase the tax risks for global funds that rely on predictable exits from one of the world's fastest-growing major markets. On Thursday, the Indian Supreme Court backed tax authorities in a dispute over whether Tiger Global can use its Mauritius-based entities to claim protection…

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Artificial intelligence journalism startup Symbolic.ai signs deal with Rupert Murdoch’s News Corp.

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🚀 Check out this trending post from TechCrunch 📖 📂 **Category**: AI,Startups,artificial intelligence,In Brief,Rupert Murdoch,Symbolic 💡 **What You’ll Learn**: Newsrooms have been experimenting with AI for several years, but for the most part, these efforts have been experiments. A relatively unknown startup, Symbolc.i, wants to change that, and has just signed a major deal with News Corp, the media conglomerate owned by Rupert Murdoch. News Corp, whose major assets include MarketWatch, the New York Post and The Wall Street Journal, is set to begin using Symbolic's artificial intelligence platform with financial news hub Dow Jones Newswires. Symbolic.i, founded by former…

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Parloa triples its valuation in 8 months to $3 billion with a raise of $350 million

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🔥 Explore this trending post from TechCrunch 📖 📂 **Category**: AI,Fundraising,Startups,Customer Service,General Catalyst,Parloa ✅ **What You’ll Learn**: Berlin-based Parloa has raised $350 million in Series D funding from existing investors, valuing the six-year-old customer service AI startup at $3 billion. The round comes just eight months after the company raised $120 million at a $1 billion valuation. General Catalyst led the new round, with participation from returning backers including EQT Ventures, Altimeter Capital, Durable Capital and Mosaic Ventures. Parloa is one of several startups developing artificial intelligence agents that promise to automate the kind of customer service work previously handled…

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Spotify is raising its subscription prices in the US again

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🔥 Explore this insightful post from TechCrunch 📖 📂 **Category**: Apps,music streaming,price hike,Spotify 💡 **What You’ll Learn**: Spotify has raised its subscription plan prices in the US for the third time in three years, raising the monthly plan from $11.99 per month to $12.99 per month. The company sent an email to its paid users informing them of the new price, which will be applied starting from the next monthly billing cycle. Image credits:Spotify “Occasional price updates across our markets reflect the value Spotify provides, allowing us to continue to provide the best possible experience and benefit artists,” the company…

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How one startup is using prebiotics to try to alleviate copper deficiency

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✨ Discover this awesome post from TechCrunch 📖 📂 **Category**: Climate,Fundraising,Climate Capital,copper,critical minerals,dolby family ventures,Essential Capital,Exclusive,Kayak Ventures,mining,sosv,transition ventures 💡 **What You’ll Learn**: Five years from now, the world may begin to run short of copper, a vital metal used in everything from data centers to electric cars. Absent any changes, the world could face a severe deficit as early as 2040, with demand exceeding supply by up to 25%. If copper seems expensive today, just wait a few years. Companies and investors are pumping money into the sector as demand increases. For example, KoBold, an AI startup, raised $537 million…

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Taiwan invests $250 billion in semiconductor manufacturing in the United States

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✨ Read this trending post from TechCrunch 📖 📂 **Category**: AI,Enterprise,Hardware,semiconductor tariffs,semiconductors,taiwan,Tariffs,Trump Administration 💡 **What You’ll Learn**: The Trump administration has signed a landmark multi-billion-dollar trade agreement with Taiwan aimed at helping the United States boost domestic semiconductor manufacturing. Under the agreement announced by the US Commerce Department on Thursday, Taiwanese semiconductor and technology companies agreed to make $250 billion in direct investments in the US semiconductor industry. These investments will extend to semiconductor production and innovation, energy and artificial intelligence, according to a press release. Taiwan currently produces more than half of the world's semiconductors. Taiwan will also provide…

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AI video startup Higgsfield, founded by a former Snapp exec, gets a valuation of $1.3 billion.

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✨ Check out this must-read post from TechCrunch 📖 📂 **Category**: AI,Startups,ai video,Higgsfield AI ✅ **What You’ll Learn**: In an extension of its previous $50 million Series A round that closed in September, AI video generation startup Higgsfield has sold another $80 million worth of stock, bringing its Series A total to $130 million. The company says it has now reached a valuation of $1.3 billion. Higgsfield offers a tool that allows consumers, creators, and social media teams to create and edit AI-generated videos. The company was founded by Alex Masherpov, Snap's former head of generative AI, who joined the…

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The internet blackout in Iran is now one of the longest on record, as protests continue

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✨ Check out this insightful post from TechCrunch 📖 📂 **Category**: Security,internet blackout,Internet shutdowns,iran,Iran protests ✅ **What You’ll Learn**: As of Thursday, 92 million Iranians have been completely blocked from accessing the internet for more than a week, in what is now one of the longest nationwide internet shutdowns ever, according to experts. Last Thursday, Iran's leadership blocked internet and phone access across the country in response to massive anti-government protests, which began at the end of last year and sparked a brutal and deadly crackdown by authorities. As of this writing, Iranians have been unable to access the Internet…

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OpenAI invests in Sam Altman’s brain-computer interface startup Merge Labs

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🔥 Read this awesome post from TechCrunch 📖 📂 **Category**: AI,Fundraising,brain computer interface,merge labs,OpenAI,sam altman 💡 **What You’ll Learn**: Just when you thought circular deals couldn't get any more circular, OpenAI invested in CEO Sam Altman's brain-computer interface (BCI) startup Merge Labs. Merge Labs, which describes itself as a “research lab” dedicated to “connecting biological and artificial intelligence to maximize human potential,” emerged from stealth on Thursday with an undisclosed seed round. A source familiar with the matter confirmed earlier reports that OpenAI wrote the largest single check in Merge Labs' $250 million seed round at a valuation of $850…

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The US imposes a 25% tariff on Nvidia H200 AI chips destined for China

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💥 Check out this trending post from TechCrunch 📖 📂 **Category**: AI,Hardware,AI chips,artificial intelligence,nvidia,semicondcutors,Trump Administration 📌 **What You’ll Learn**: After months of rumors that the Trump administration was going to impose tariffs on semiconductors, tariffs on some chips have been announced. The tariff applies only to certain semiconductors, including advanced Nvidia H200 AI chips scheduled to be shipped to China. President Donald Trump signed a proclamation on Wednesday that includes a 25% tariff on advanced artificial intelligence semiconductors that are produced outside the United States and then pass through the United States before being exported to customers in other countries.…

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