Wednesday, February 8, 2023

Russian ‘WhisperGate’ hackers are using new data-stealing malware to target Ukraine

Security researchers say they have recently observed a Russian hacking crew, who were behind the destructive WhisperGate malware cyberattacks, targeting Ukrainian entities with a new information-stealing malware. Symantec’s Threat Hunter Team has attributed this campaign to a Russia-linked cyber threat actor, widely known as TA471 (or UAC-0056), which has been active since early 2021. The […]

Russian ‘WhisperGate’ hackers are using new data-stealing malware to target Ukraine by Carly Page originally published on TechCrunch

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Chinese influence, loan-collection practices reasons for India’s crackdown on lending apps

India’s push to ban over 90 lending apps has sent a panic to the industry as many scramble to understand why they have been impacted. The IT Ministry’s move is reportedly aimed at protecting the nation’s integrity and curb China’s influence in the South Asian market, the state-owned broadcaster said on Sunday. In meetings with […]

Chinese influence, loan-collection practices reasons for India’s crackdown on lending apps by Manish Singh originally published on TechCrunch

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Tuesday, February 7, 2023

Daily Crunch: Global VC firm Partech reaches first close of largest African fund at €245 million

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Global VC firm Partech reaches first close of largest African fund at €245 million by Christine Hall originally published on TechCrunch

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GlossAi’s generative highlights are a glimpse of content’s crowded future

For anyone who wants to get a piece of content they’ve created out there, the number of platforms and formats means it’s not so simple as it used to be. GlossAi is a startup aiming to automate the process using (what else?) AI, and its approach of turning a half hour of content into an […]

GlossAi’s generative highlights are a glimpse of content’s crowded future by Devin Coldewey originally published on TechCrunch

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Silvija Martincevic leaves Affirm to lead shift work management platform Deputy

Silvija Martincevic, former chief commercial officer of Affirm, one of the U.S.’s biggest buy now, pay later startups, is leaving to become CEO of shift work management platform Deputy. Based in Australia, Deputy is focused on expanding in the United States and other countries, and Martincevic will oversee its growth strategy. She will also take […]

Silvija Martincevic leaves Affirm to lead shift work management platform Deputy by Catherine Shu originally published on TechCrunch

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Laser-focused on creativity, Glowforge adds AI image generation

We’ve all had a lot of fun with creating game assets, odd selfies, custom stock images and dubious nudes, and it was only a question of time before one of the big hardware-makers jumped on the AI image generation band wagon. Today, laser cutting and printing company Glowforge releases its Magic Canvas feature, which lets […]

Laser-focused on creativity, Glowforge adds AI image generation by Haje Jan Kamps originally published on TechCrunch

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China’s globalizing startups could be a boon to US cloud giants

After quarters of rapid growth fueled by remote work, the cloud market is cooling down as businesses look for ways to curb cloud spending in post-COVID times and an uncertain economy. AWS saw its growth slide to the mid-teens in the first month of the new year; across the industry, the market slowed to 21% […]

China’s globalizing startups could be a boon to US cloud giants by Rita Liao originally published on TechCrunch

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Partech hits first close of largest Africa-focused fund, at €245M

Partech, the global VC firm with several funds, has reached first close of Partech Africa II at €245 million (~$263 million), making it the largest Africa-focused fund yet.  The fund, which focuses on early- and growth-stage startups across the continent, intended to raise about €230 million (~$250 million) for its second African fund and reach a first […]

Partech hits first close of largest Africa-focused fund, at €245M by Tage Kene-Okafor originally published on TechCrunch

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Pinterest reaches 450 million monthly users, will focus on making videos ‘shoppable’

Pinterest said during its latest earnings call that the service now has 450 million monthly active users globally, a 4% jump year-on-year. The company noted that while the user base in the U.S. and Canada stayed at 95 million, growth in other regions contributed to this milestone. The social media company, which debuted a short […]

Pinterest reaches 450 million monthly users, will focus on making videos ‘shoppable’ by Ivan Mehta originally published on TechCrunch

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Drone imagery firm DroneBase rebrands to Zeitview, lands $55M investment

Zeitview, the company formerly known as DroneBase, today announced that it raised $55 million to further develop its air and ground data capture tech. Led by Valor Equity Partners with participation from Union Square Ventures, Upfront Ventures, Euclidean Capital, Energy Transition Ventures and Hearst Ventures, the tranche — which brings Zeitview’s war chest to $114 […]

Drone imagery firm DroneBase rebrands to Zeitview, lands $55M investment by Kyle Wiggers originally published on TechCrunch

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WhatsApp lets users put voice notes as status updates

WhatsApp Status, the feature that was introduced in 2017 as the company’s take on Snapchat Stories, has received a number of updates to make it more attractive and appealing to users. One of the latest additions is the ability to set voice notes as status updates. On Tuesday, WhatsApp announced voice status, which enables users […]

WhatsApp lets users put voice notes as status updates by Jagmeet Singh originally published on TechCrunch

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Sequoia reveals in filing how much is sitting in its Sequoia Capital Fund (and yes, it’s a lot)

Almost a year ago to the day, the 50-year-old investing powerhouse Sequoia Capital announced that it had reorganized itself around a singular, permanent structure: The Sequoia Capital Fund. Now, thanks to an SEC form filed on Friday, we know how much is sitting in the fund: $13.6 billion. The number represents two things: the value […]

Sequoia reveals in filing how much is sitting in its Sequoia Capital Fund (and yes, it’s a lot) by Connie Loizos originally published on TechCrunch

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Monday, February 6, 2023

Daily Crunch: Bitcoin-demanding cybercriminals use bug from 2021 to initiate global ransomware attack 

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Bitcoin-demanding cybercriminals use bug from 2021 to initiate global ransomware attack  by Christine Hall originally published on TechCrunch

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FRIDA’s robot arm attempts to bring DALL-E-style AI art to real-world canvases

One could make a very reasonable argument that FRIDA (Framework and Robotics Initiative for Developing Arts) is as much a thought experiment as it is a research project. Certainly it butts up against similar questions around art and creativity as AI projects like DALL-E and ChatGPT — though the question is arguably even more in […]

FRIDA’s robot arm attempts to bring DALL-E-style AI art to real-world canvases by Brian Heater originally published on TechCrunch

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‘Black Panther: Wakanda Forever’ becomes the most-watched Marvel premiere on Disney+

Five days after getting its streaming debut on Disney+, “Black Panther: Wakanda Forever” is now the most-watched Marvel premiere on Disney+ based on hours streamed within the first five days, the company announced today. Disney didn’t provide specific viewing numbers, so it’s not exactly clear how the movie’s streaming performance compares to other Marvel titles […]

‘Black Panther: Wakanda Forever’ becomes the most-watched Marvel premiere on Disney+ by Lauren Forristal originally published on TechCrunch

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