Flip the “days since the last Twitter security incident” back to zero. Twitter said Tuesday that it has emailed its business customers, such as those who advertise on the site, to warn that their information may have been compromised in a security lapse. The social network giant said that business users’ billing information was inadvertently […]
It’s the company that just can’t catch a break! In a new SEC filing this morning Luckin Coffee, the embattled China-based and American-listed coffee chain that has become embroiled in scandal, announced that the Nasdaq really wants it gone. According to the firm, the Nasdaq exchange where Luckin is listed sent “an additional written notice […]
In the chip game, more is usually better and to that end, Ampere announced the next chip on its product roadmap today, the Altra Max, a 128 core processor, the company says is designed specifically to handle cloud native, containerized workloads. What’s more, the company has designed the chip, so that it will fit in […]
For a startup valued north of $8 billion, Robinhood's investors are betting that it will quickly scale as a business, something the famous unicorn appears to be doing in recent quarters and years.
New York City was an initial U.S. hotspot for the COVID-19 pandemic, and it’s also one of the most expensive cities in the world — so you might think startups would be anxious to leave. However, when we surveyed a number of New York-based venture capitalists, they seemed bullish about the city’s future as a […]
Salesforce has a bunch of announcements coming out of the virtual Trailheadx conference taking place later this week, starting today with some new developer tools. The goal of these tools is to give developers a more modern way of creating applications on top of the Salesforce platform. Perhaps the most interesting of the three being […]
As chatbots and other AI-based services like interactive voice apps continue to become more ubiquitous, a startup that’s built software to help create and — critically — improve how they work over time is announcing a significant funding round to continue expanding its business. Rasa, which has developed an open source-based platform for developers to […]
BrightInsight, which makes a toolkit and dashboard for digital medical devices and therapeutics focused on compliance with international regulations around healthcare, has raised $40 million in its latest round of financing, the company said. The latest round comes only two years after the company’s launch and a year since it raised $25 million from New […]
One of the new space companies that has done the most for popularizing the idea of in-space manufacturing, including use of additive technologies like 3D printing on the International Space Station, has been acquired by Redwire, a newly formed entity created by a private equity firm to roll up a number of space technology, supply […]
German police have arrested Markus Braun, the former chief executive of the Munich-based fintech company Wirecard, for fraud, prosecutors in Munich said on Tuesday. Braun turned himself into German authorities on the same day Wirecard admitted that $2.1 billion the company had reported on its balance sheet did not exist. He has since been released […]
France released StopCovid three weeks ago. The government is holding a press conference today to give an update on the app. In particular, this conference is a good opportunity to share some numbers. Over the past three weeks, 1.9 million people downloaded the app on the App Store or Play Store. Out of those 1.9 […]
It’s more than four years since major tech platforms signed up to a voluntary pan-EU Code of Conduct on illegal hate speech removals. Yesterday the European Commission’s latest assessment of the non-legally binding agreement lauds “overall positive” results — with 90% of flagged content assessed within 24 hours and 71% of the content deemed to […]
Sparrow Exchange, a Bitcoin and Ethereum options trading platform based in Singapore, announced today it has raised $3.5 million in Series A funding. The round was led by HDR Group, the owner of cryptocurrency exchange BitMEX, with participation from Signum Capital, Du Capital and FinLab EOS VC. The funding will be used to develop Sparrow’s […]
French startup Swile, the startup formerly known as Lunchr, raised a $78.7 million (€70 million) Series C round a few months ago. The startup wants to manage all your corporate benefits and improve team building in general. Index Ventures is leading the round, Bpifrance and Idinvest are also participating. Index Ventures already led the company’s […]
Horizon Quantum is part of a new crop of startups that focus on building new tools for building software for quantum computers. The Singapore-based company, which is hardware-agnostic but also launched a close partnership with Rigetti Computing in 2018, today announced that it has raised a $3.23 million funding round led by Sequoia Capital India. […]
Apple has announced an upcoming change to App Store rules that could mark a major shift in how the marketplace operates. Developers will soon be able to challenge not just the rejection of an app, but the rule that prompted that rejection. Bug fixes will also no longer be held up by rule violations. In […]
A growing group of more than 1,666 Google employees is demanding Google stop selling its technology to police departments, TechCrunch has learned. “We’re disappointed to know that Google is still selling to police forces, and advertises its connection with police forces as somehow progressive, and seeks more expansive sales rather than severing ties with police […]
President Donald Trump signed an executive order temporarily halting work visas like the H-1B visa program for highly-skilled workers, cutting off a critical source of foreign labor for tech companies already complaining about tech talent shortages. Visa-holders already in the U.S. and those applicants who have already received a visa are exempt from the ban. […]
The New York Stock Exchange filed an amendment today with the Securities and Exchange Commission to allow for more direct listings. Direct listings offer a more streamlined method for companies to go public and raise capital than traditional IPOs — which entail a lengthy roadshow process and involvement of underwriters to determine valuations and share-prices. […]
Facebook has been on a game studio acquisition spree over the past year, buying up developers behind some of the most popular VR titles. That trend continued today with the company’s acquisition of Ready at Dawn Studios, the developer behind the Lone Echo games, one of Oculus’s most successful series. The studio has been working […]
