Seedstars, Fondation Botnar launch new fund to back African startups focused on youth wellbeing

Seedstars Capital and Swiss philanthropic foundation Fondation Botnar have launched Seedstars Youth Wellbeing Ventures, a $20 million investment mandate targeting early-stage startups in Africa that are focused on improving the wellbeing of people below 30 years in low-and-middle-income countries. The evergreen fund will back pre-seed to Series A startups including those that advance health services, […]

Seedstars, Fondation Botnar launch new fund to back African startups focused on youth wellbeing by Annie Njanja originally published on TechCrunch

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Mercedes jumps into the ChatGPT fray and Toyota plays catch-up

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]

Mercedes jumps into the ChatGPT fray and Toyota plays catch-up by Kirsten Korosec originally published on TechCrunch

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You.com looks to innovation to chip away at Google’s search dominance

You.com is a small startup trying to take on search giant Google with AI, innovation and a focus on privacy.

You.com looks to innovation to chip away at Google’s search dominance by Ron Miller originally published on TechCrunch

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Mojocare investors uncover financial irregularities, unsustainable business model

Mojocare investors have found “financial irregularities” at the health and wellness startup and are pushing to scale down the operations, they said in a statement Sunday. The move follows the Bengaluru-headquartered Mojocare, backed by Peak XV, B Capital and Chiratae Ventures, laying off some 150 employees earlier this week. In a joint statement, the investors […]

Mojocare investors uncover financial irregularities, unsustainable business model by Manish Singh originally published on TechCrunch

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Deal Dive: Maybe venture debt works for asset managers after all

While many venture debt lenders were skeptical the strategy would work for asset managers, BlackRock decided to take the plunge. Deal Dive: Maybe venture debt works for asset managers after all by Rebecca Szkutak originally published on TechCrunch
http://dlvr.it/SqrWMR

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Reddit’s CEO lashes out, Twitter gets evicted, and NYC delivery workers get a pay raise

Hi, lovely people, and welcome to Week in Review (WiR), TechCrunch’s regular newsletter that highlights the top news in tech over the past week (or so). If you haven’t already, sign up here to get WiR in your inbox every Saturday. Most read Reddit’s CEO lashes out: Reddit CEO Steve Huffman is not backing down amid […]

Reddit’s CEO lashes out, Twitter gets evicted, and NYC delivery workers get a pay raise by Kyle Wiggers originally published on TechCrunch

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The UK hasn’t lost its appeal for venture capital

Not dead yet: This is true both of the U.K's capacity to attract venture capital dollars, and of the promise of autonomous cars.

The UK hasn’t lost its appeal for venture capital by Anna Heim originally published on TechCrunch

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Deal Dive: Maybe venture debt works for asset managers after all

While many venture debt lenders were skeptical the strategy would work for asset managers, BlackRock decided to take the plunge.

Deal Dive: Maybe venture debt works for asset managers after all by Rebecca Szkutak originally published on TechCrunch

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Ticketmaster, SeatGeek, Live Nation agree to disclose fees upfront (thanks, Biden)

Ticketmaster, SeatGeek, Live Nation and other companies have agreed to disclose ticket prices upfront, putting an end to the extra fees that consumers can’t see until the end of the billing process. President Joe Biden held a meeting on Thursday to announce the good news. Biden said that the solution to what he calls “junk […] Ticketmaster, SeatGeek, Live Nation agree to disclose fees upfront (thanks, Biden) by Lauren Forristal originally published on TechCrunch
http://dlvr.it/SqpYq7

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Meta says it’s totally fine for 10-year-olds to wear its VR headset, probably

Meta will soon officially permit users as young as 10 to use its Meta Quest 2 and 3 VR headsets — if their parents say it’s okay, anyway. In a blog post, the tech giant says that there’s “a vast array of engaging and educational apps, games, and more” for the kiddos, even if the […]

Meta says it’s totally fine for 10-year-olds to wear its VR headset, probably by Devin Coldewey originally published on TechCrunch

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A simple bug exposed access to thousands of smart security alarm systems

U.S. power and electronics giant Eaton has fixed a security vulnerability that allowed a security researcher to remotely access thousands of smart security alarm systems. Security researcher Vangelis Stykas said he found the vulnerability in Eaton’s SecureConnect, a cloud-based system that allows customers to remotely access, manage, and arm and disarm their security alarm systems […]

A simple bug exposed access to thousands of smart security alarm systems by Zack Whittaker originally published on TechCrunch

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Musk woos ad giants in Paris to fix Twitter’s woes

In a steaming-hot, packed, VivaTech hall in Paris today, Twitter owner Elon Musk waxed lyrical on his various accomplishments, but demured over some of the bigger questions hanging over his various companies. After walking on stage and joking that he might be a “hologram or an android”, Musk also quipped that Twitter was “expensive” and […]

Musk woos ad giants in Paris to fix Twitter’s woes by Ingrid Lunden originally published on TechCrunch

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US confirms federal agencies hit by MOVEit breach, as hackers list more victims

The U.S. government has confirmed that multiple federal agencies have fallen victim to cyberattacks exploiting a security vulnerability in a popular file transfer tool. In a statement shared with TechCrunch, CISA confirmed that “several” U.S. government agencies have experienced intrusions related to the exploitation of a vulnerability in MOVEit Transfer, an enterprise file transfer tool […]

US confirms federal agencies hit by MOVEit breach, as hackers list more victims by Carly Page originally published on TechCrunch

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Pitch Deck Teardown: Netmaker’s $2.3M seed deck

Netmaker submitted its pitch deck to TechCrunch+, and today we're taking a close look at the deck the company used to raise its $2.3 million round.

Pitch Deck Teardown: Netmaker’s $2.3M seed deck by Haje Jan Kamps originally published on TechCrunch

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Smaller VCs are having an impact on diverse investors and founders

Smaller funds raising less institutional capital gives them more leverage to take risks, which is what investing in diversity is seen as.

Smaller VCs are having an impact on diverse investors and founders by Dominic-Madori Davis originally published on TechCrunch

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