Feds catch another LockBit hacker, Justice Department announces

The Justice Department has arrested and charged a Russian national for his alleged role in multiple LockBit ransomware attacks against victims in the U.S. and around the world. According to a criminal complaint unsealed on Thursday, 20-year-old Ruslan Magomedovich Astamirov is accused of carrying out five cyberattacks between August 2020 and March 2023, four of […]

Feds catch another LockBit hacker, Justice Department announces by Carly Page originally published on TechCrunch

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Amazon’s $1.7B iRobot acquisition greenlighted by UK antitrust regulator

The U.K.’s antitrust regulator has given the go-ahead to Amazon’s proposed billion-dollar iRobot acquisition, concluding that the deal “would not lead to competition concerns in the U.K.” Amazon first revealed plans to buy robot vacuum maker iRobot for $1.7 billion last August, though the megabucks deal was always likely to draw scrutiny from regulators. The […]

Amazon’s $1.7B iRobot acquisition greenlighted by UK antitrust regulator by Paul Sawers originally published on TechCrunch

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Reddit CEO lashes out on protests, moderators and third-party apps

Reddit CEO Steve Huffman is not backing down amid protests against API changes made by the platform. In interviews with The Verge, NBCNews, and NPR, Huffman defended business decisions made by the company to charge third-party apps saying API wasn’t designed to support these clients. The Reddit co-founder also talked about protesting moderators, changing site […]

Reddit CEO lashes out on protests, moderators and third-party apps by Ivan Mehta originally published on TechCrunch

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It’s a bird, it’s a plane, no, it’s a crypto whale

Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. Earlier this week, I took a look at what some major crypto whales’ wallets were doing, where they parked their funds and how their activity signals movement in the broader market. I examined six wallets, which were provided […] It’s a bird, it’s a plane, no, it’s a crypto whale by Jacquelyn Melinek originally published on TechCrunch
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LockBit claims ransomware attack on pharma giant Granules India

The Russia-linked ransomware group LockBit has claimed responsibility for a cyberattack on Indian pharmaceutical giant Granules India, and published portions of the data it allegedly stole. LockBit’s dark web leak site listed Granules India as one of its latest victims on Wednesday, according to a listing seen by TechCrunch. Granules India has yet to confirm […]

LockBit claims ransomware attack on pharma giant Granules India by Jagmeet Singh originally published on TechCrunch

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Lyft co-founder Logan Green retains board seat despite shareholder opposition

Logan Green, the co-founder and former CEO of ride-hailing platform Lyft, will remain on the company’s board despite opposition from some shareholders, according to preliminary results from the company’s annual shareholder meeting Thursday. The SOC Investment Group, an organization that says it holds corporations and leadership accountable for irresponsible and unethical corporate behavior, sent a […]

Lyft co-founder Logan Green retains board seat despite shareholder opposition by Rebecca Bellan originally published on TechCrunch

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European startups still have a long way to go to achieve gender parity

According to a new study from Sista and the Boston Consulting Group, women are still underrepresented in the European tech ecosystem. Only 22% of startups created in 2022 included a woman in the founding team. And when you look at women-only founding team, that number drops to 10%. That means that, yes, 78% of European […]

European startups still have a long way to go to achieve gender parity by Romain Dillet originally published on TechCrunch

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Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities

Clop, the ransomware gang responsible for exploiting a critical security vulnerability in a popular corporate file transfer tool, has begun listing victims of the mass-hacks, including a number of U.S. banks and universities. The Russia-linked ransomware gang has been exploiting the security flaw in MOVEit Transfer, a tool used by corporations and enterprises to share […]

Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities by Carly Page originally published on TechCrunch

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BYD is overtaking Tesla, but its EV dream skips the US for now

A Chinese electric vehicle brand that’s rarely spotted in the U.S. is quickly catching up to Tesla’s dominance of the global EV market. BYD, which started in Shenzhen 28 years ago, delivered 547,917 passenger EVs, including hybrids, a category it’s known for, in the first quarter of 2023. The tally surpassed that of Tesla, which […]

BYD is overtaking Tesla, but its EV dream skips the US for now by Rita Liao originally published on TechCrunch

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Deepchecks snags $14M seed to continuously validate ML models

As companies increasingly rely on machine learning models, it’s imperative that they continuously check the models to make sure they are working as intended and that the data is valid, unbiased and not corrupted in any way. Deepchecks, an Israeli startup has come up with a solution to continuously test models from development through production. […]

Deepchecks snags $14M seed to continuously validate ML models by Ron Miller originally published on TechCrunch

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An investor, an operator, and their plan to upskill Africa’s workforce

One out of three tech jobs globally are filled by necessary skilled labor, and according to the World Economic Forum (WEF), this is one of the biggest concerns of global business leaders. Over 50% of the organizations that these leaders manage, in a survey, say they have lost competitive advantage due to talent shortages. The […]

An investor, an operator, and their plan to upskill Africa’s workforce by Tage Kene-Okafor originally published on TechCrunch

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Canva introduces new developer tools and $50M investment fund

Canva has been around since 2013, and has been a tremendously successful design platform, raising over $570 million and garnering 135 million users along the way. With that kind of traction, it makes a ton of sense to let developers tap into that user base and take advantage of the work that the company has […] Canva introduces new developer tools and $50M investment fund by Ron Miller originally published on TechCrunch
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GM’s BrightDrop makes first commercial EVs delivery outside US

BrightDrop, the electric delivery van subsidiary of General Motors, has made its first delivery outside of the U.S. The company delivered 50 BrightDrop Zevo 600 electric vans to FedEx Express Canada on Wednesday, part of a larger order of 2,500 Zevo EVs. The introduction of BrightDrop’s vans is in line with FedEx’s goal to shift […]

GM’s BrightDrop makes first commercial EVs delivery outside US by Rebecca Bellan originally published on TechCrunch

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Radio station gets part-time AI DJ based on its midday host

Live 95.5, a radio station in Portland, Oregon, announced Tuesday that its midday host Ashley Elzinga will broadcast a cloned version of her voice — aka “AI Ashley” — to listeners every day from 10 a.m. to 3 p.m. They’ll be using Futuri Media’s “RadioGPT,” an AI-powered tool that uses ChatGPT to generate a script […]

Radio station gets part-time AI DJ based on its midday host by Lauren Forristal originally published on TechCrunch

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EV startup Telo bets America is ready for a dreamy little pickup

Most trucks today are headed in the wrong direction, metaphorically speaking. They’re far too big and heavy, with shrinking beds and expanding cabins that reflect their turn from a classic workhorse into a status symbol-meets-family car. This is my take, but I’m not just here to blab about aesthetics and my weird love of teeny-tiny […]

EV startup Telo bets America is ready for a dreamy little pickup by Harri Weber originally published on TechCrunch

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