Sunday, May 12, 2024

StrictlyVC London welcomes Phoenix Court and WEX

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StrictlyVC events deliver exclusive insider content from the Silicon Valley & Global VC scene while creating meaningful connections over cocktails and canapés with leading investors, entrepreneurs and executives. And TechCrunch is excited to join forces with key players in the London investment community at our next StrictlyVC event. We’re pleased to have Saul Klein, Co-Founder […]


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Saturday, May 11, 2024

Why Apple’s ‘Crush’ ad is so misguided

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Welcome to Week in Review: TechCrunch’s newsletter recapping the week’s biggest news. This week Apple unveiled new iPad models at its Let Loose event, including a new 13-inch display for the iPad Air, as well as Tandem OLED and a new M4 chip for the iPad Pro. But its ad for the new iPad Pro […]

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StrictlyVC London welcomes Phoenix Court and WEX

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StrictlyVC events deliver exclusive insider content from the Silicon Valley & Global VC scene while creating meaningful connections over cocktails and canapés with leading investors, entrepreneurs and executives. And TechCrunch is excited to join forces with key players in the London investment community at our next StrictlyVC event. We’re pleased to have Saul Klein, Co-Founder […]

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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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