Otterize raises $11.5M to help developers securely connect software services

Tomer Greenwald, Uri Sarid and Ori Shoshan, software developers by trade, found themselves building and configuring software authentication and authorization mechanisms repeatedly — each time with a different tech stack. Frustrated with the process, they sought to create a platform that enables developers to focus on writing code rather than on constantly configuring server permissions. […]

Otterize raises $11.5M to help developers securely connect software services by Kyle Wiggers originally published on TechCrunch

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As tech slumps, SoftBank sells VC unit to Singapore-based firm led by Masayoshi Son’s brother

SoftBank is selling one of its venture capital arms, South Korea-based SoftBank Ventures Asia (SBVA), to The Edgeof, a Singaporean investment firm, according to the two companies.   The deal’s financial terms have not been disclosed, but the Singaporean VC firm aims to complete the acquisition this year.  Last month, SoftBank CEO Masayoshi Son’s younger brother […]

As tech slumps, SoftBank sells VC unit to Singapore-based firm led by Masayoshi Son’s brother by Kate Park originally published on TechCrunch

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Snap signs new music licensing deals to expand its Sounds library

Snap has signed a deal with multiple music labels to expand its Sounds library, the social app’s product that lets people use song clips in Snaps and Stories. The company said participating labels include US-based UnitedMasters, Netherlands-based BUMA/STEMRA, and SUISA Digital Licensing AG. This includes a repertoire of IP bodies including SUISA: Switzerland, AKKA/LAA: Latvia, […]

Snap signs new music licensing deals to expand its Sounds library by Ivan Mehta originally published on TechCrunch

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Google Maps is adding new features to make it easier to explore national parks

Google is introducing new Maps features to make it easier for users to navigate national parks using the app. The tech giant says the new updates are designed to help users find the information they need when visiting a national park, such as discovering things to do and finding your way around the park. With […] Google Maps is adding new features to make it easier to explore national parks by Aisha Malik originally published on TechCrunch
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Italy gives OpenAI initial to-do list for lifting ChatGPT suspension order

Italy’s data protection watchdog has laid out what OpenAI needs to do for it to lift an order against ChatGPT issued at the end of last month — when it said it suspected the AI chatbot service was in breach of the EU’s General Data Protection Regulation (GDPR) and ordered the US-based company to stop […]

Italy gives OpenAI initial to-do list for lifting ChatGPT suspension order by Natasha Lomas originally published on TechCrunch

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Daily Crunch: Twitter CEO admits he purchased platform for $44B because ‘I kind of had to’

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

Daily Crunch: Twitter CEO admits he purchased platform for $44B because ‘I kind of had to’ by Christine Hall originally published on TechCrunch

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Elon Musk admits he only bought Twitter because he thought he’d be forced to

Elon Musk gave a rare interview to an actual reporter late on Tuesday, speaking to BBC reporter James Clayton on a Twitter Spaces. During the interview, Clayton pressed Musk on whether his purchase of Twitter was, in the end, something he went through with willingly, or whether it was something he did because the active […]

Elon Musk admits he only bought Twitter because he thought he’d be forced to by Darrell Etherington originally published on TechCrunch

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Truecaller brings live caller ID to iPhone… but with a catch

Truecaller has been a known name in the app market globally — thanks to its eponymous caller-identification service. Its active user base these days numbers 338 million, but it could be bigger: a lack of a caller ID feature on iOS has arguably held back its growth among iPhone users. Now, an effort to expand […]

Truecaller brings live caller ID to iPhone… but with a catch by Jagmeet Singh originally published on TechCrunch

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General Atlantic invests another $100 million in PhonePe

General Atlantic has poured another $100 million in PhonePe, three months after leading a $350 million investment in the Indian fintech startup that has so far raised $750 million as part of the ongoing financing round. Walmart-backed PhonePe disclosed the investment in a filing with the local regulator on Wednesday. A company spokesperson confirmed the […]

General Atlantic invests another $100 million in PhonePe by Manish Singh originally published on TechCrunch

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Backed by Japanese investors, Verod-Kepple’s fund will invest in Series A and B startups across Africa

Last month, pan-African venture capital firm Verod-Kepple Africa Partners reached the second close of its first fund (Verod-Kepple Africa Ventures), targeting African startups at $43 million. Verod-Kepple Africa Ventures (VKAV) achieved its first close last March (at $20 million) and aims to attain its final close by the end of the year at $100 million; […]

Backed by Japanese investors, Verod-Kepple’s fund will invest in Series A and B startups across Africa by Tage Kene-Okafor originally published on TechCrunch

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Talking with Future Ventures about its new fund, AI hype, and Siri sucking (still)

For a firm whose bets are largely unpredictable, the early-stage venture firm Future Ventures has become very formulaic in its fundraising. Now entering its fifth year, the firm just closed a $200 million fund – its third in a row. In fact, it would have exactly $600 million under management at this point if not […]

Talking with Future Ventures about its new fund, AI hype, and Siri sucking (still) by Connie Loizos originally published on TechCrunch

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Strava launches integration with Spotify to let users listen to content while tracking activities

Strava, the activity tracking and social community platform used by more than 100 million people globally, has announced a new in-app integration with Spotify. The integration allows users to easily access music, podcasts and audiobooks from the Strava app while tracking activities. Starting today, users can play, pause, resume, skip and browse Spotify content from […]

Strava launches integration with Spotify to let users listen to content while tracking activities by Aisha Malik originally published on TechCrunch

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TikTok quietly launched a GIF-like ‘video stickers’ feature for direct messages

TikTok quietly launched “animated video stickers” for direct messages in February, the company confirmed to TechCrunch. Video stickers essentially work like GIFs and are an expansion of TikTok Stickers, which rolled out last December and allow users to create and upload their own custom images to be used in direct messages. Users can browse through […] TikTok quietly launched a GIF-like ‘video stickers’ feature for direct messages by Aisha Malik originally published on TechCrunch
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GM leads $50M EnergyX deal to lock down lithium for its EVs

Eager to secure all the lithium it needs to power a growing lineup of electric vehicles, General Motors said on Tuesday that it will lead a $50 million investment into lithium extraction and refining startup EnergyX. With the deal, the legacy automaker says it will help EnergyX scale its lithium-extraction tech. In exchange, GM will […]

GM leads $50M EnergyX deal to lock down lithium for its EVs by Harri Weber originally published on TechCrunch

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Silicon Valley Bank’s chief risk officer is out, months after taking the job

When Silicon Valley Bank’s collapse was first unfolding, a belated disclosure colored some of the chaos: the bank spent most of last year without a chief risk officer, and the one who left sold more than $4 million of stock in the bank before departing. The new CRO Kim Olson, who joined in January 2023, […]

Silicon Valley Bank’s chief risk officer is out, months after taking the job by Natasha Mascarenhas originally published on TechCrunch

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