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Mozilla acquires Active Replica to build on its metaverse vision

An automated status updater for Slack isn’t the only thing Mozilla acquired this week. On Wednesday, the company announced that it snatched up Active Replica, a Vancouver-based startup developing a “web-based metaverse.” According to Mozilla SVP Imo Udom, Active Replica will support Mozilla’s ongoing work with Hubs, the latter’s VR chatroom service and open source […]

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Elon Musk is delaying Twitter’s paid verification to avoid Apple’s 30 percent cut

Twitter’s revamped Blue subscription might not be available as an in-app purchase on iOS when it eventually relaunches so that it can dodge Apple’s 30 percent cut of App Store purchases, according to Platformer. When the new Blue was briefly available earlier this month, you could only purchase it through Twitter’s iOS app. But while

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Disney coughs up $900M to acquire MLB’s remaining stake in BAMTech streaming company • TechCrunch

Disney paid $900 million to Major League Baseball (MLB) earlier this month to buy out the league’s remaining 15% stake in the streaming firm BAMTech, according to an SEC filing made public Tuesday. The transaction makes Disney a 100% owner of the streaming company that powers Disney+ and the firm’s other consumer services. The SEC

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Canoo to buy vehicle manufacturing facility in Oklahoma City

Commercial electric vehicle company Canoo entered into an agreement to acquire a vehicle manufacturing facility in Oklahoma City, the company announced Wednesday along with its third-quarter earnings. The news comes a week after Canoo said it would build an EV battery module manufacturing facility in Pryor, Oklahoma. The new facility will be dedicated to producing

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Meta decimates its staff as the social media giant lays off 11,000

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Whooo-weee interesting times for crypto land, as Bitcoin crashes down to under $17,000 for the first time in a while. Wild, given that the cryptocurrency was trading at $65,000 or so a

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Worst of inflation may be behind us, RBI staff say in July 2022 Bulletin

The pace of rise in prices in India is on the back foot and the “worst of inflation may be behind us”, Reserve Bank of India (RBI) staff wrote in the July 2022 edition of the central bank’s Bulletin. “For the second month in a row in June, headline CPI inflation eased in India, according

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