Friday, August 25, 2023

MOVEit, the biggest hack of the year, by the numbers

The mass-exploitation of MOVEit Transfer software has rapidly cemented itself as the largest hack of the year so far. While the full impact of the attack will likely remain untold for months to come, there are now more than 1,000 known victims of the MOVEit breach, according to cybersecurity company Emsisoft. This milestone makes the […]

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Dropbox drops unlimited storage, blames crypto miners and resellers for the change

Dropbox is ending its unlimited option because some customers were using it for purposes like crypto mining, pooling storage for personal use cases and even reselling storage. The company’s highest-tier “all the space you need” storage plan will now be capped. With this new change, customers who purchase a Dropbox Advanced plan with three active […]

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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. The promise? Make opening a bank account, storing money, receiving a payment card and lending money as easy as opening a social network account. The reinvention of banking is well underway, and we’re excited to welcome three key players — […]

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Meta is shutting down Messenger Lite for Android in September

Meta is shutting down Messenger Lite, its lightweight stripped-down version of Messenger, the company confirmed to TechCrunch. Users of the app are starting to see a message that advises them to “use Messenger to keep chatting.” The app has been removed from the Google Play Store for new users and will no longer be available […]
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Thursday, August 24, 2023

This venture-backed startup has quietly bought more than 80 mom-and-pop shops

Teamshares is a low-flying, Brooklyn-based startup with big ambitions to capitalize on an opportunity in plain sight: that of small businesses without a succession plan. It’s not a small market. According to the U.S. Small Business Administration, small businesses represent 99.7% of U.S. employer firms and 64% of private-sector jobs. Meanwhile, just 15% or so […]

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Former President Trump returns to Twitter, now X, with his mugshot

Former President Trump tweeted for the first time in more than two years on Thursday night, breaking a long silence on the platform, now known as X, that persisted into Elon Musk’s chaotic takeover. Trump’s first tweet since January 8, 2021 came after he was booked in an Atlanta jail on Thursday for 13 felony […]

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Reddit launches moderator rewards program amid sitewide discontent 

Reddit is launching the “Mod Helper Program” to reward moderators who offer helpful advice to other moderators, along with an updated moderator help center.  The announcement comes amid growing discontent among the site’s moderators, many of whom relied on third-party apps that have since been shut down because of Reddit’s API pricing. Moderators have asked […]

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Vessel Capital emerges from stealth with $55M fund focused on web3 infrastructure and apps

Vessel Capital, a web3 venture fund, has emerged from stealth with $55 million in assets under management to invest in infrastructure and applications, the firm exclusively told TechCrunch. Founded by Mirza Uddin, Eric Chen and Anthony Anzalone, the firm has been investing about $10 million annually, Uddin said. The fund is “evergreen” and has the […]

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How Google Cloud learned to embrace its partner ecosystem

Google Cloud’s annual Next event is happening in San Francisco next week (and we’ll be on the ground to cover all of the announcements), but ahead of the event, Google Cloud today put a spotlight on its partner ecosystem. It’s no secret that in its early days, Google’s cloud efforts were somewhat hindered by its […]

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Introducing the Startup Battlefield 200 companies at TechCrunch Disrupt 2023

After combing through thousands of startups from around the world, TechCrunch is thrilled to announce the 2023 Startup Battlefield 200 — our invitation-only cohort of game-changing early-stage startups. TechCrunch will host these promising founders at TechCrunch Disrupt in San Francisco, on September 19–21. Last year, we expanded the Startup Battlefield to match the pace of […]

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OpenAI partners with Scale AI to allow companies to fine-tune GPT-3.5

OpenAI, the AI startup behind the viral AI-powered chatbot ChatGPT, plans to partner with third party vendors to make it easier for developers — specifically enterprises — to fine-tune its AI models using custom data. Today, OpenAI announced that it’ll team up with Scale AI, the San Francisco-based data labeling startup, to bring together Scale […]

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Better.com’s stock tanks after SPAC combination brings it to the public markets

Shares of Better.com are getting hammered into the ground Thursday morning after the digital mortgage company completed its long-delayed SPAC merger and began to trade as a public company for the first time. When Better first announced plans to go public in 2021 at a $7.7 billion valuation, it was a different time. Mortgage interest […]

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ASKA’s A5 eVTOL aircraft spread its wings but didn’t fly at Pebble Beach

I don’t know what I expected the ASKA A5 to look like in person, but the machine lurking in a parking lot just outside of Monterey Regional Airport wasn’t it. Like a cross between a piece of commercial farm equipment and a contraption from G.I. Joe’s nemesis Cobra, the A5 makes a curious first impression. […]
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Wednesday, August 23, 2023

Amazon Luna app launches on LG smart TVs

LG is teaming up with Amazon to bring the Amazon Luna cloud-based game streaming service on its smart TVs. Amazon announced on its blog that the Amazon Luna app is now available on LG’s smart TV models launched between 2021 and 2023 and running webOS 6.0 or later. The app is currently available in the […]

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Backed by Peak IV and Jungle, Neurowyzr puts the focus on brain health

The rate of dementia is expected to double every 20 years, but many tools for early detection, like MRI scans, are difficult for patients to access. Neurowyzr wants to help more people get brain healthcare through tools like its online Digital Brain Function Screen (DBFS). The startup, which has offices in Singapore and India, announced […]

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