That’s a different strategy from just about every other market, where Google has been merging Wallet and Pay experiences together under a single Wallet app.
We’re continuing to invest in the Google Pay app to give people easy, secure access to digital payments,” a Google spokesperson said in a statement to TechCrunch.
Then, it tried to replace the Wallet and its Android Pay app with Google Pay.
In 2022, Google relaunched the Wallet app as its digital wallet platform for Android, Wear OS and Fitbit OS.
However, in February this year, the search giant announced it would replace Google Pay with the Wallet app in the U.S.
Faraday Future has avoided getting evicted from its Los Angeles headquarters — for the time being.
The resolution comes as Faraday Future is once again strapped for cash.
There, BXP Realty claimed that Faraday Future stopped making lease payments in December and that it owed $127,311.16.
Faraday Future does not appear to have formally responded to the lawsuit, and in early March, a default order was entered.
It’s unclear if Faraday Future still occupies the space.
Startups are hiring fewer workers, and paying out less in equity compListen here or wherever you get your podcasts.
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Wednesday episode, in which we dig into critical startup news to stay abreast of what founders and venture capitalists are working on.
Today on the podcast, we got through the following:
Venture capital funding has never been robust for women or Black and brown founders.
Read about funding for Black foundersFunding to Black founders has been on a steady decline since 2021, implying that investors have either lost interest or focus on backing Black founders.
This is a big deal because after the murder of George Floyd, the venture and startup ecosystem made promises to better support Black founders.
Since 2022, TechCrunch has been speaking with experts to find out what is needed to help boost funding to Black founders.
To help gather data, last year, Crunchbase announced it would officially start tracking the amount of venture capital dollars allocated to LGBTQ+ founders.
Who knew M&A would be the thing we couldn’t shut up about?
Listen here or wherever you get your podcasts.
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our startup-focused, Wednesday episode, so today we’re counting down important venture rounds, and chatting our way through other startup and VC news.
Here’s what we got into:We’ll be digging into the Brex situation on Friday, so stay tuned for more about fintech soon!
Ms. Holmes was found guilty of two counts of fraud and one count of conspiracy to commit fraud, after a years-long trial that exposed the many troubling secrets behind her…
The chip battle between the U.S. and China is escalating, with the Chinese Cyberspace Administration investigating a U.S. memory chip maker in response to Trump’s tariffs on Chinese imports. This…
Late last night, Silicon Valley Bank – a major player in the tech industry – closed down after its executives were caught red-handed embezzling millions from the company. While employees…
