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News from TechCrunch

• Amazon and Google face UK CMA probe over fake reviews June 25, 2021
  The UK’s competition watchdog, the CMA, has opened another investigation into Big Tech — this one targeted at Amazon and Google over how well they handle (or, well, don’t) fake reviews. The Competition and Markets Authority has taken an interest in online reviews for several years, as far back as 2015. It also went after […]
• Indian online learning giant Unacademy in talks to acquire Rheo TV June 25, 2021
  Indian online learning platform Unacademy is in advanced talks to acquire Rheo TV, a less than two-year-old startup founded by two former Unacademy employees, according to three sources familiar with the matter. The current deal values Rheo TV, a startup that has built a platform to help professional game streamers live stream their gameplays and […]
• Gotrade gets $7M led by LocalGlobe to let investors around the world buy fractional shares of U.S. stocks June 25, 2021
  Stock in many American companies, like Amazon, Alphabet or Tesla, can host hundreds or thousands of dollars per share. Fractional trading, or buying part of a single share through a brokerage, makes them more accessible—at least to people within the United States. Investors in other countries, however, often have to pay high fees through interactive […]
• Kayak co-founder Paul English just launched Moonbeam, a podcast discovery app June 24, 2021
  Podcast downloads have boomed over the last year, and Kayak co-founder and tech entrepreneur Paul English became an avid, daily listener. But anyone who loves podcasts knows that podcast discovery can be challenging. Even the top streaming apps like Apple Podcasts and Spotify lack robust discovery tools — so last week, when Spotify acquired the […]
• Archer Aviation hits back against rival Wisk Aero’s request for injunction in trade secret suit June 24, 2021
  Archer Aviation is ramping up its defense against claims by rival Wisk Aero that it misappropriated trade secrets. Archer, which unveiled its Maker eVTOL earlier this month, alleged in a court filing late Wednesday that Wisk learned of Archer’s aircraft design weeks before it filed its patent design application – effectively reversing claims that it […]