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LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants. The deal gives LG a majority ownership of…
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Apple introduces a new API to support more in-app purchase formats
Apple announced on Thursday a new API called the Advanced Commerce API to support more in-app purchase formats, such as subscriptions and content add-ons. The company added that it is not changing the commission structure to support these use cases. “The App Store facilitates billions of transactions annually to help developers grow their businesses and provide a world-class…
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US indicts five individuals in crackdown on North Korea’s illicit IT workforce
The multi-year scheme saw the defendants generate hundreds of thousands in revenue. © 2024 TechCrunch. All rights reserved. For personal use only.