Amit Serper locks up IoT security flaws at TechCrunch Disrupt 2023

What do doorbells, smart plugs and pet feeders have in common? They’re just some of the billions of Internet of Things (IoT) devices vulnerable to hacks. These popular, often minimally protected, devices expose consumers to cyberattacks and data theft. IoT security is a huge and growing problem, which is why we’re excited that Amit Serper, […]

Amit Serper locks up IoT security flaws at TechCrunch Disrupt 2023 by Zack Whittaker originally published on TechCrunch

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Grammarly to shut down the Text Editor SDK in January

Yesterday, in a blog post, Grammarly announced that it would be discontinuing the Text Editor SDK, the developer tool that puts the company’s automated editing functionality into any app. The tool will be shut down on January 10th, 2024, after which the functionality will cease to work in any applications where it’s in use. For […]

Grammarly to shut down the Text Editor SDK in January by Ron Miller originally published on TechCrunch

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QED leads $7M round into startup that offers financing to SaaS businesses across US-South Asia corridor

There are a number of companies in the U.S. that offer revenue-based financing to SaaS companies including Capchase, Pipe, Founderpath and Arc. But the options for South Asian companies are far more limited. A new startup, Efficient Capital Labs (ECL), has emerged to give B2B SaaS companies operating in the South Asia-US corridor more financing […]

QED leads $7M round into startup that offers financing to SaaS businesses across US-South Asia corridor by Mary Ann Azevedo originally published on TechCrunch

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Crypto lending firm Celsius Network and its former CEO sued by SEC, CFTC, FTC

The now-bankrupt crypto lending firm Celsius Network and its former CEO and co-founder Alex Mashinsky faced several lawsuits on Thursday morning from three separate American entities: The U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC). Bloomberg also reported that Alex Mashinsky, co-founder and ex-CEO of […]

Crypto lending firm Celsius Network and its former CEO sued by SEC, CFTC, FTC by Jacquelyn Melinek originally published on TechCrunch

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China unveils provisional rules for generative AI, including a licensing regime

As the use cases of generative AI see explosive adaption, China has taken a leading role in defining how the rapidly changing technology should be used, including a licensing regime for service providers. On Thursday, China’s top cyberspace regulator unveiled a set of provisional rules to govern generative AI services, including API providers, that serve […]

China unveils provisional rules for generative AI, including a licensing regime by Rita Liao originally published on TechCrunch

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Topanga banishes single-use plastics from your Grubhub order

As a person who cares about the environment, a steel vacuum mug for coffee and matching water bottle are companions that live with me when I’m out and about. When I order food for takeaway or delivery, I’m (almost always) left with a disposable packaging problem. Containers and packaging made up nearly one-third of U.S. […] Topanga banishes single-use plastics from your Grubhub order by Haje Jan Kamps originally published on TechCrunch
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Tesla says Model 3, Model Y tax credits likely to be reduced by 2024

Tesla said the $7,500 federal tax credits for its Model 3 and Model Y electric vehicles are likely to be reduced after December 31, according to a change on the automaker’s website late Tuesday. “Customers who take delivery of a qualified new Tesla and meet all federal requirements are eligible for a tax credit up […]

Tesla says Model 3, Model Y tax credits likely to be reduced by 2024 by Rebecca Bellan originally published on TechCrunch

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Kia to invest $200M in Georgia plant to build EV9 SUV

South Korean automaker Kia said Wednesday it plans to invest over $200 million in its assembly plant in Georgia, where it will begin production of the electric EV9 SUV next year. The news comes as foreign automakers double down on North American production in order to qualify for federal EV tax credits. Assembly on the continent […]

Kia to invest $200M in Georgia plant to build EV9 SUV by Rebecca Bellan originally published on TechCrunch

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Employee benefits startup Swile expects to become profitable next quarter

French startup Swile shared some revenue metrics just a year after merging with Bimpli, the employee benefits division of BPCE. Swile’s main product is a payment card for employee benefits, such as meal vouchers. In 2022, Swile generated €138 million in revenue ($153 million at today’s exchange rate) — that includes Bimpli’s revenue. And yet, […]

Employee benefits startup Swile expects to become profitable next quarter by Romain Dillet originally published on TechCrunch

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Domino’s strikes deal to list its menu on Uber Eats and Postmates in the U.S.

Domino’s, the world’s largest pizza company in terms of sales and stores, has entered an agreement with Uber to list its menu on Uber Eats and Postmates. The deal indicates that Domino’s is reversing its stance against working with third-party delivery companies in the U.S. Shares of Domino’s soared more than 10% on the news […]

Domino’s strikes deal to list its menu on Uber Eats and Postmates in the U.S. by Aisha Malik originally published on TechCrunch

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Inngest helps developers build their backend workflows, raises $3M

Inngest, an open-source startup that helps developers build and manage serverless queues, background jobs and workflows, today announced that it has raised a $3 million seed round led by GGV. Co-founded in 2021 by former Buffer CTO Dan Farrelly and Tony Holdstock-Brown, a former Docker engineer and the former head of engineering at healthcare company […]

Inngest helps developers build their backend workflows, raises $3M by Frederic Lardinois originally published on TechCrunch

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TikTok content to be featured on 3K+ Redbox kiosks

Redbox, the operator of DVD rental kiosks, today announced a new deal with TikTok that allows the company to feature popular content from the short-form video app on more than 3,000 Redbox kiosks nationwide. The new deal allows brands to use TikTok content to advertise products or services on the kiosks, which are located at […]

TikTok content to be featured on 3K+ Redbox kiosks by Lauren Forristal originally published on TechCrunch

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Lantern is building a B2B platform that combines a CDP and customer success tools

We’ve seen the rise of the customer data platform (CDP) in recent years as a central repository for collecting data about customers to better understand their needs. It’s worth noting that Twilio spent $3.2 billion to buy CDP Segment in 2020 with the goal of building data-fueled apps. Today, Lantern, an early stage startup is […]

Lantern is building a B2B platform that combines a CDP and customer success tools by Ron Miller originally published on TechCrunch

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Astranis will launch a dedicated internet satellite for the Philippines next year

Space-based internet startup Astranis inked a new deal to launch and operate a dedicated satellite for the Philippines, which will provide enough bandwidth to connect up to 2 million people. Astranis is partnering with satellite services provider Orbits Corp, which will buy the capacity with its sister company HTechCorp., a Philippine internet service provider (ISP). […] Astranis will launch a dedicated internet satellite for the Philippines next year by Aria Alamalhodaei originally published on TechCrunch
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Oritain raises $57M for its forensic, big-data science approach to tracking the origin of goods

Global supply chains have made the world smaller by enabling us to have virtually anything we want at the tap of a finger. But when it comes to things like verifying a physical object’s origin or its composition, those same fragmented chains and the many steps between a producer and a buyer can be an […]

Oritain raises $57M for its forensic, big-data science approach to tracking the origin of goods by Ingrid Lunden originally published on TechCrunch

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