Rising encrypted app Signal is down in China

Rising encrypted app Signal is down in China

Chinese users of the instant messenger Signal knew that good time wouldn’t last long. The app, which is used for encrypted chats, is unavailable in mainland China as of Tuesday morning, a test by TechCrunch shows. The website of the app has been banned in China since...
China wants to dismantle Alibaba’s media empire: reports

China wants to dismantle Alibaba’s media empire: reports

Over the years, Jack Ma has accumulated a media portfolio in China that rivals that of Jeff Bezos in the United States. But now the future of Ma’s media empire is in the crosshairs of the Chinese government, which is wary of the billionaire’s increasing media clout....
Bird to spend $150 million on European expansion plan

Bird to spend $150 million on European expansion plan

Shared micromobility startup Bird said it is investing $150 million into a European expansion plan that will including launching in more than 50 cities this year, a move that it says will double its footprint in the region. This growth plan is already underway with...
Daily Crunch: Stripe valued at $95B

Daily Crunch: Stripe valued at $95B

Stripe gets a mind-boggling valuation, Facebook promotes COVID vaccines and Elon Musk has an interesting new title. This is your Daily Crunch for March 15, 2021. The big story: Stripe valued at $95B That’s right: The popular payments company has raised $600 million in...