Hackers stole passwords of Worldcoin Orb operators

Hackers have installed password-stealing malware on the devices of multiple Worldcoin Orb operators, TechCrunch has learned, giving them full access to the Worldcoin operator dashboard. Worldcoin, founded by Sam Altman, says it is creating a “collectively owned global currency that will be distributed fairly to as many people as possible,” according to the company’s website. […]

Hackers stole passwords of Worldcoin Orb operators by Carly Page originally published on TechCrunch

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Major decision on the legality of Facebook’s EU-US data transfers is due to be adopted today

Reminder: Today is the deadline for the Meta’s lead privacy regulator in Europe to adopt a final decision on a nearly decade-long complaint against Facebook’s transfers of personal data from the EU to the US that could see the company ordered to stop the flow of data. The Irish Data Protection Commission (DPC) confirmed to […]

Major decision on the legality of Facebook’s EU-US data transfers is due to be adopted today by Natasha Lomas originally published on TechCrunch

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Pale Blue Dot continues investing in its climate vision, with a second, $100M fund

Sweden-based VC fund Pale Blue Dot bounced onto the scene in 2020 with a €53 million fund to help climate-focused startups. This fund grew again by €34 million in April 2021, and after deploying investments into 28 climate-forward companies, the investor this week announced it has officially closed its second fund. This one is valued […]

Pale Blue Dot continues investing in its climate vision, with a second, $100M fund by Haje Jan Kamps originally published on TechCrunch

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Brightly says SchoolDude data breach spilled 3 million user accounts

Software maker Brightly has confirmed that hackers stole close to three million SchoolDude user accounts in an April data breach. SchoolDude is a cloud-based work order management system, used primarily by schools and universities, to submit and track maintenance orders. Its users are both school employees, like principals, executives and maintenance workers, as well as […]

Brightly says SchoolDude data breach spilled 3 million user accounts by Zack Whittaker originally published on TechCrunch

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Meta announces generative AI features for advertisers

Meta today announced an AI Sandbox for advertisers to help them create alternative copies, background generation through text prompts and image cropping for Facebook or Instagram ads. The first feature lets brands generate different variations of the same copy for different audiences while trying to keep the core message of the ad similar. The background […] Meta announces generative AI features for advertisers by Ivan Mehta originally published on TechCrunch
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Getaround aims to scale car-sharing platform with HyreCar acquisition

Peer-to-peer car sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car sharing marketplace, for $9.45 million. Getaround expects to realize up to $75 million of run rate annualized gross booking value from the deal, which the company says will contribute to positive adjusted EBITDA profitability. “At this acquisition price point, we […]

Getaround aims to scale car-sharing platform with HyreCar acquisition by Rebecca Bellan originally published on TechCrunch

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Tinder will remove social handles from bios as part of its updated community guidelines

Tinder is updating its community guidelines in a bid to keep the dating app safe and respectful, the company announced today. As part of the updates, Tinder will automatically remove social handles from bios and discourage users from posting private conversations with their matches on other platforms. Tinder says its platform is not a place […]

Tinder will remove social handles from bios as part of its updated community guidelines by Aisha Malik originally published on TechCrunch

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Nexon takes 20-year-old MapleStory into web3 with Haechi’s help

Nexon, one of the biggest gaming companies in the world, is wading into web3 like some of its peers in Asia. The developer of MapleStory is creating a blockchain-powered ecosystem based on the twenty-year-old massively multiplayer online game, where players can trade in-game assets like outfits, equipment and virtual pets in the form of non-fungible […]

Nexon takes 20-year-old MapleStory into web3 with Haechi’s help by Rita Liao originally published on TechCrunch

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Terraform’s Do Kwon pleads not guilty to fake travel documents charges

Terraform Labs co-founder Do Kwon pleaded not guilty in a Montenegrin court on Thursday to a charge of forging his passport and travel documents. Kwon’s hearing comes a month after Kwon and Chang-joon Han, Kwon’s former colleague, who also pleaded not guilty, were arrested at the airport in Podgorica, the capital of Montenegro, while trying to […]

Terraform’s Do Kwon pleads not guilty to fake travel documents charges by Kate Park originally published on TechCrunch

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Bird’s weak stock market performance impacts the entire e-scooter industry

Bird’s first-quarter earnings show a company struggling to maintain ridership and revenue — two legs of the profitability stool for the shared micromobility market. Bird did manage to cut costs — that would be the third leg — but it wasn’t enough to convince investors that the scooter company can find its way to profitability. […]

Bird’s weak stock market performance impacts the entire e-scooter industry by Rebecca Bellan originally published on TechCrunch

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Intuitive Machines prepares for first lunar mission, faces challenge to NASA contract win

Intuitive Machines is preparing for its first lunar mission to the moon’s south pole in the third quarter of this year, while also facing a protest to a major NASA contract win, executives told investors Thursday. The company has made “significant progress” on testing for the inaugural IM-1 mission, Intuitive Machines CEO Steve Altemus said […]

Intuitive Machines prepares for first lunar mission, faces challenge to NASA contract win by Aria Alamalhodaei originally published on TechCrunch

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Polestar and Volvo are the latest automakers caught in software purgatory

Software, it turns out, is hard for automakers. And building a so-called software-defined car — the term du jour in automotive circles — is even harder. Software development problems have led to executive shakeups at VW Group, bricked vehicles, recalls and generally unpleasant vehicle experiences. Now, Polestar and Volvo Cars have gotten caught up in […]

Polestar and Volvo are the latest automakers caught in software purgatory by Kirsten Korosec originally published on TechCrunch

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Daily Crunch: For second consecutive quarter, millions of subscribers drop Disney+ Hotstar

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

Daily Crunch: For second consecutive quarter, millions of subscribers drop Disney+ Hotstar by Christine Hall originally published on TechCrunch

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Tensor is climbing to the top of the Solana NFT marketplace totem pole

Just two months ago, Tensor raised $3 million in a seed round. Fast forward to today, and it is close to regaining its position as the biggest Solana-based NFT marketplace, based on market share.

Tensor is climbing to the top of the Solana NFT marketplace totem pole by Jacquelyn Melinek originally published on TechCrunch

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‘Bigolas Dickolas’ is more powerful than the Pulitzer Prize

Video game consultant Rami Ismail was a bit sleepy in an early morning meeting, until his client said something particularly strange: “I’m really just looking for a way to get my game its Bigolas Dickolas moment.” “I had to absolutely wake up very fast to politely find a way to explain I had no idea […]

‘Bigolas Dickolas’ is more powerful than the Pulitzer Prize by Amanda Silberling originally published on TechCrunch

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