Google expands its test of Play Store billing alternatives to the US

Google’s pilot for Play Store billing alternatives is finally coming Stateside. The company is expanding its “user choice billing” test to the US, Brazil and South Africa. As before, you’ll be asked to choose either Google’s in-app purchasing system or something else (such as the developer’s) when you buy in-app content. There are more apps… Continue reading Google expands its test of Play Store billing alternatives to the US

Elon Musk details his plan to turn Twitter into a bank

/ Supposedly, it’ll be simple: one balance that you can spend within the Twitter payment network, or outside it using a debit card or checks. A penny for your tweets.Illustration by Laura Normand / The Verge Elon Musk seems intent on turning Twitter into a bank, complete with what he describes as a “high-yield money… Continue reading Elon Musk details his plan to turn Twitter into a bank

Indonesia’s founder-turned-angel tribe grows on back of bustling startup ecosystem

Indonesian startup founders are doubling down on the country’s high octane ecosystem by backing the next generation of entrepreneurs, through solo investments, setting up angel networks with peers, and co-investing with venture capital firms. Even as sentiment in the broader industry weakens, angel investment networks are becoming more active in the region with the emergence of… Continue reading Indonesia’s founder-turned-angel tribe grows on back of bustling startup ecosystem

India adds fewer unicorns this year as investors tighten purse strings

The number of Indian startups entering the unicorn club this year may well be just half of last year, going by trends so far. While there were at least 45 unicorns in 2021 with a combined valuation of a little over $97 billion, there have been only 24 till end-October this year with a combined… Continue reading India adds fewer unicorns this year as investors tighten purse strings

Canada’s OTPP says any loss from its FTX investment to have limited impact

The Ontario Teachers Pension Plan (OTPP) said on Thursday it had invested a total of $95 million to the troubled cryptocurrency exchange FTX and any financial loss from the exposure will have limited impact on the pension plan. OTPP, Canada’s No. 3 pension fund, said it made the investments in FTX International and FTX U.S.… Continue reading Canada’s OTPP says any loss from its FTX investment to have limited impact

Inside Elon Musk’s first meeting with Twitter employees

With Twitter staff still reeling from mass layoffs and executive resignations, Musk took questions from employees for nearly an hour. Here’s everything he said. Share this story With barely 20 minutes’ notice, Elon Musk gathered Twitter employees on Thursday to address them directly for the first time. During a nearly one-hour Q&A session, which The… Continue reading Inside Elon Musk’s first meeting with Twitter employees

Amazon’s new warehouse robot can handle individual products

/ Until now, Amazon’s warehouse robots focused on moving around already-boxed products, requiring humans to put things in boxes. Unlike Amazon’s other robots, Sparrow doesn’t need items to be boxed before it can move them.Image: Amazon Amazon has announced a new robot, dubbed Sparrow, which the company says is its first warehouse robot that can… Continue reading Amazon’s new warehouse robot can handle individual products

Dispatches from the conference room

Greetings on a brisk New England morning. I’m finally here on my long threatened trip to Boston. I was planning to be here in early July ahead of our robotics event, but SARS-CoV-2 and its many variants had different ideas. I narrowly avoided another reschedule on my third time around with COVID, but now I’m… Continue reading Dispatches from the conference room

Now anyone can hail a Waymo robotaxi in downtown Phoenix

Waymo has opened up its fully driverless ride-hail service in downtown Phoenix to members of the general public. Previously, the company had only been operating a commercial service with no safety driver behind the wheel for participants in its “trusted tester” program. The expansion in Phoenix is yet another sign of Waymo’s accelerated push towards… Continue reading Now anyone can hail a Waymo robotaxi in downtown Phoenix