Saturday, May 11, 2024

Friday, May 10, 2024

Meesho, an Indian social commerce with 150M transacting users, secures $275M in new funding

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Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, it disclosed in a securities filing. The new funding is part of a larger financing round, which is likely to include secondary transactions and balloon to over $500 million, people familiar with the […]

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Scammers found planting online betting ads on Indian government websites

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Some Indian government websites have allowed scammers to plant advertisements capable of redirecting visitors to online betting platforms. TechCrunch discovered around four dozen “gov.in” website links associated with Indian states, including Bihar, Goa, Karnataka, Kerala, Mizoram and Telangana that were redirecting to online betting platforms. Some of those websites belong to state police and property […]

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Motional cut about 550 employees, around 40%, in recent restructuring, sources say

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Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported that Motional is pausing commercial operations and delaying plans to launch a robotaxi service with its next-gen Hyundai Ioniq 5 robotaxis until 2026 as it […]

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Anthropic now lets kids use its AI tech — within limits

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AI startup Anthropic is changing its policies to allow minors to use its generative AI systems — in certain circumstances, at least.  Announced in a post on the company’s official blog Friday, Anthropic will begin letting teens and preteens use third-party apps (but not its own apps, necessarily) powered by its AI models so long […]

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VC fund performance is down sharply — but it may have already hit its lowest point

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Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent data from the San Francisco Employees’ Retirement System (SFERS) give us something to chew on. SFERS’s venture portfolio recorded a -.9% internal rate of return […]

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Threat actor says he scraped 49M Dell customer addresses before the company found out

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The person who claims to have 49 million Dell customer records told TechCrunch that he brute-forced an online company portal and scraped customer data, including physical addresses, directly from Dell’s servers.  TechCrunch verified that some of the scraped data matches the personal information of Dell customers. On Thursday, Dell sent an email to customers saying […]

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Oura launches two new heart health features

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Smart ring maker Oura is launching two new features focused on heart health, the company announced on Friday. The first claims to help users get an idea of their cardiovascular age, while the second feature aims to estimate their cardio capacity. Depending on a person’s results, Oura will offer strategies on how to sleep, move, […]

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Fika Ventures co-founder Eva Ho will step back from the firm after its current fund is deployed

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Eva Ho plans to step away from her position as general partner at Fika Ventures, the Los Angeles-based seed firm she co-founded in 2016. Fika told LPs of Ho’s intention to step back after Fund III, the firm’s current fund, in an email, according to multiple sources familiar with the matter. Fika confirmed the transition […]


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Thursday, May 9, 2024

Dell discloses data breach of customers’ physical addresses

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Technology giant Dell notified customers on Thursday that it experienced a data breach involving customers’ names and physical addresses. In an email seen by TechCrunch and shared by several people on social media, the computer maker wrote that it was investigating “an incident involving a Dell portal, which contains a database with limited types of […]

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