A year after raising $100 million, London-based startup WorldRemit has picked up more funding. To compete against the likes of Western Union in the world of money transfers — and tap a remittance market that the World Bank estimates will be worth $610 billion in 2016 — the company has added another $45 million to its coffers. This latest round, a debt round… Read More
WorldRemit Gets $45M At A $500M Valuation To Grow Its Mobile Money Transfer Business
Facebook’s Free Basics — the company’s zero-rated mobile service — has been under fire in India over net neutrality violations for months, and now the country’s regulator has weighed in hard on the issue: FreeBasics and services like it have been banned, according to an announcement from TRAI. Facebook has issued a statement in response to the ruling that looks… Read More
India Blocks Facebook’s Free Basics, Other Zero-Rated Mobile Services Over Net Neutrality
Verizon, the parent of TechCrunch’s parent AOL, is being accused of violating net neutrality principles by excluding its own mobile video streaming service, go90, from data charges — thereby creating an unequal playing field. Read More
Verizon Accused Of Net Neutrality Foul By Zero-Rating Its Go90 Mobile Video Service