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Drip Capital helps exporters access working capital

Drip Capital is raising a $20 million funding round from Accel, Wing VC and Sequoia India. The company is helping small exporters in emerging markets access working capital in order to finance big orders. The startup also participated in Y Combinator back in 2015. Many small companies in emerging markets ...

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Facebook launches gameshows platform with interactive video

Rather than build its own HQ trivia competitor, Facebook is launching a gameshow platform. Today the company announced a new set of interactive live and on-demand video features that let creators add quizzes, polls, challenges and gamification so players can be eliminated from a game for a wrong answer. The ...

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Instagram’s “IGTV” video hub for creators launches tomorrow

TechCrunch has learned that the Instagram longer-form video hub that’s launching tomorrow is called IGTV and it will be part of the Explore tab, according to multiple sources. Instagram has spent the week meeting with online content creators to encourage them to prepare videos closer to 10-minute YouTube vlogs than the ...

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Telstra restructure axes 8,000 jobs

Telstra CEO Andy Penn speaking at Telstra’s Strategy Day (Image: Corinne Reichert/ZDNet) Australia’s largest telco has announced that it will be axing 8,000 jobs amid a restructure program labelled “Telstra2022”, along with a reduction of “2-4 layers of management”. Announced at Telstra’s Strategy Day on Wednesday morning, Telstra will also ...

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Apple slapped with $6.6M fine in Australia over bricked devices

Apple has been fined AUS$9M (~$6.6M) by a court in Australia following a legal challenge by a consumer rights group related to the company’s response after iOS updates bricked devices that had been repaired by third parties. The Australian Competitor and Consumer Commission (ACCC) invested a series of complaints relating to ...

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