Well-known accelerator group Techstars announced a slew of changes to its operations this week, including the shuttering of some of its city-based programs.  Criticism from former members of its decisions lit social media channels who argued that the famed startup accelerator has lost focus on the very thing that historically made it so successful. © …

Meta is currently testing a couple of capabilities for Threads, which Instagram head Adam Mosseri describes as some of the “most requested” features for the social network. One of these experimental features is the ability to save drafts. Users will be easily able to save a post they’ve typed as a draft that they can …

With the European Commission set to rule on Spotify’s complaint focused on competition in the streaming music market, there are hints that the ruling will not be in Apple’s favor. This week, the Financial Times reported the EC will issue its first-ever fine against the tech giant for allegedly breaking EU law over competition in …

Paris’ commercial court has accepted Cooltra’s offer to acquire Cityscoot. These two companies provide shared electric mopeds that you can unlock and ride to go from one place to another. Cityscoot had been placed under court-ordered receivership several months ago. As interest rates hovered around 0% in Europe, micromobility startups thrived. Europe became the perfect …

A sweeping law enforcement operation led by the U.K.’s National Crime Agency this week took down LockBit, the notorious Russia-linked ransomware gang that has for years wreaked havoc on businesses, hospitals, and governments around the world. The action saw LockBit’s leak site downed, its servers seized, multiple arrests made, and U.S. government sanctions applied in …

The House of Representatives has founded a Task Force on artificial intelligence that will “ensure America Keeps leading in this strategic area,” as Speaker Mike Johnson put it. But the announcement feels more like a punt after years of indecision that show no sign of ending. In a way this task force — chaired by …

Walmart-backed PhonePe is set to launch its Android app store this week with zero commission for in-app purchases for developers. The app store is based on Indus OS’ tech, a company that PhonePe acquired in 2021. In this story, we are going to take a look at why developers are pushing for an alternative store …