Tuesday, June 13, 2023

OpenInfra Foundation opens regional hubs in Europe and Asia

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The Open Infrastructure Foundation, the open-source foundation that hosts projects like the OpenStack cloud computing platform and Starling X edge computing stack, today announced that it is launching two regional hubs — OpenInfra Asia based in Singapore and OpenInfra Europe based in Belgium — to better promote and protect open source in those regions. The […]

OpenInfra Foundation opens regional hubs in Europe and Asia by Frederic Lardinois originally published on TechCrunch

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Match launches new live in-app event called ’72 Hours’

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Match is introducing an unconventional way of online dating to its users in order to promote more intentional connections. The dating app announced Tuesday a new time-sensitive feature called “72 Hours,” an in-app weekly experience where users have three days to message potential matches before the chats disappear. During the designated time frame, members can […]

Match launches new live in-app event called ’72 Hours’ by Lauren Forristal originally published on TechCrunch

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US intelligence confirms it buys Americans’ personal data

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A newly declassified government report confirms for the first time that U.S. intelligence and spy agencies purchase vast amounts of commercially available information on Americans, including data from connected vehicles, web browsing data, and smartphones. By the U.S. government’s own admission, the data it purchases “clearly provides intelligence value,” but also “raises significant issues related […]

US intelligence confirms it buys Americans’ personal data by Zack Whittaker originally published on TechCrunch

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How to pitch me: 10 investors discuss what they’re looking for in June 2023

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Tech is not a meritocracy. There's a direct correlation between the size and strength of your network and your chances of success.

How to pitch me: 10 investors discuss what they’re looking for in June 2023 by Walter Thompson originally published on TechCrunch

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Hong Kong eyes stablecoin regulatory regime by 2024

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While the Western world debates how to regulate stablecoins, Hong Kong is forging ahead with a regulatory framework for cryptocurrencies pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) is in the process of seeking comments from the public regarding stablecoins and aims to introduce a regulatory framework by the end of 2024, […]

Hong Kong eyes stablecoin regulatory regime by 2024 by Rita Liao originally published on TechCrunch

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Nordic VC Voima Ventures launches €90M fund for deep tech startups

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Nordic VC firm Voima Ventures today announced its third fund with an initial closing of €90 million fund and a final target of €120 million, focusing on early-stage “deep tech” startups from across the science realm. Founded out of Helsinki, Finland, in 2019, Voima Ventures targets companies at the pre- and seed-stage, and mostly involving […]

Nordic VC Voima Ventures launches €90M fund for deep tech startups by Paul Sawers originally published on TechCrunch

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Monday, June 12, 2023

Thousands of subreddits go dark to protest Reddit’s API pricing

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Over 8,000 subreddits went dark in protest of Reddit’s API pricing, which will shut down many third-party apps like Apollo and Reddit is Fun because of the high fees.  The blackout, which began on Monday and will last for 48 hours, is a coordinated effort between tens of thousands of moderators and millions of Reddit […]

Thousands of subreddits go dark to protest Reddit’s API pricing by Morgan Sung originally published on TechCrunch

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Venture firm Black Seed raises £5M inaugural fund to invest in Black founders

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Many Black founders in the U.K. are overmentored yet underfunded. This firm cuts straight to the chase by writing checks.

Venture firm Black Seed raises £5M inaugural fund to invest in Black founders by Dominic-Madori Davis originally published on TechCrunch

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Nasdaq to acquire financial services software company Adenza from Thoma Bravo for $10.5B

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Nasdaq today revealed that it’s doling out $10.5 billion to acquire Adenza, a company that develops risk-management and related regulatory software for the financial services market. The megabucks deal, which constitues an even mix of cash and stock, will extend Nasdaq’s serviceable addressable market (SAM) to $34 billion, the company said in press release today, $10 […]

Nasdaq to acquire financial services software company Adenza from Thoma Bravo for $10.5B by Paul Sawers originally published on TechCrunch

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Percepto flies high with $67M for its industrial drones

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Percepto, a drone startup that is building a sizable business with its software and hardware for industrial drone applications, is today announcing a big round of funding to take its operations to the next level — both literally and figuratively. The startup — headquartered in Austin, Texas, but founded and with roots in Israel — […]

Percepto flies high with $67M for its industrial drones by Ingrid Lunden originally published on TechCrunch

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Former Samsung exec accused of stealing data to build copycat chip plant in China

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A former executive of Samsung Electronics allegedly stole the memory chip juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors said on Monday. The 65-year-old defendant, who also previously worked for Korean chipmaker SK Hynix, has been arrested and accused of violating industrial technology protection laws and stealing trade […]

Former Samsung exec accused of stealing data to build copycat chip plant in China by Kate Park originally published on TechCrunch

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London lures a16z’s first international office with ‘predictable’ crypto regs

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US VC giant Andreessen Horowitz — which has about $35bn in assets under management — is to open its first (yes, the first) international office in London, led by one of the firm’s general partners, Sriram Krishnan. The office will focus on supporting the development of Crypto, blockchain technologies and associated Web3 startups. a16z has […]

London lures a16z’s first international office with ‘predictable’ crypto regs by Mike Butcher originally published on TechCrunch

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Nigeria’s Termii to launch mobile app and scale customer engagement business with new funding

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Nigerian communications platform-as-a-service startup Termii has raised $3.65 million in new financing, bringing its total funding to date to slightly $5 million. According to CEO Gbolade Emmanuel, in a chat with TechCrunch, the funds are not needed for operational activities but rather to power the company’s expansion initiatives: developing and promoting existing and new products […]

Nigeria’s Termii to launch mobile app and scale customer engagement business with new funding by Tage Kene-Okafor originally published on TechCrunch

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