Sean “Diddy” Combs owes nearly $100 million in mortgage payments on a trio of mansions in Los Angeles and Miami that were raided by federal agents this week, according to a report. The embattled rapper took out eight bank loans, totaling a whopping $140 million, to pay for the sprawling properties, the Daily Mail reported. … Read more
Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets. Moove did not say who is leading the round, but sources close to the deal confirmed to TechCrunch that Uber led the Series B round, … Read more
Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India, has raised $100 million in a new funding round as it clocks an yearly growth of over 35%. TPG NewQuest led Shadowfax’s Series E financing round, which includes some secondary transactions, the startup said on Tuesday. TechCrunch reported last … Read more
The U.K. government is finally publishing its response to an AI regulation consultation it kicked off last March, when it put out a white paper setting out a preference for relying on existing laws and regulators, combined with “context-specific” guidance, to lightly supervise the disruptive high tech sector. The full response is being made available … Read more
Google CEO Sudar Pichai said that the company’s Google One cloud storage service is ” just about to cross” 100 million subscribers. Speaking during Alphabet’s Q4 2023 earning call, Pichai added that the company is looking to add more AI-powered features to the Google One service. The search giant first launched Google One in 2018. … Read more
A Texas man suing Walmart is seeking $100 million in damages or “unlimited free lifetime shopping” at any location. Roderick Jackson, of Waskom, Texas, filed two handwritten complaints Monday in U.S. District Court for the Western District of Arkansas. Walmart’s headquarters are in Bentonville, Arkansas. The complaints do not go into detail about why Jackson … Read more
‘I have a sense of timing’: Jerry Seinfeld turned down more than $100M to make another season of ‘Seinfeld’ — here’s how you can tell when it’s time to retire Unlike the punchlines in his stand-up comedy sets, Jerry Seinfeld’s decision to end the iconic sitcom bearing his name in 1998 was no joke. In … Read more
Petroleum giant turned clean energy dabbler BP announced this week that it will be acquiring $100 million worth of Tesla DC fast charging hardware featuring the North American Charging Standard (NACS) connector for deployment within its BP Pulse EV charging network. The announcement, according to BP, signals the first time Tesla first-party hardware will be … Read more
Singapore-based Qosmosys has closed an astonishing $100 million seed round to develop its lunar lander tech. The company did not disclose its investors, nor did a Qosmosys spokesperson respond to TechCrunch’s email. In a press release published to its website, the startup simply said that it practices a “unique and protective funding model.” “The structure … Read more
Any conversation centered on the U.K. tech scene often has a strong center of gravity around the south of the country — to many, “the U.K.” and “London” may as well be the same thing. A recent House of Commons Committee report on venture capital allocation pointed to “uneven levels of VC investment” across the … Read more