Here is a look back at the top security research from the annual hacker conferences, Black Hat and Def Con 2024.
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Monday, August 12, 2024
Conduit’s cross-border payments expand from LatAm into Africa with $6M round
Cross-border payments for businesses in emerging markets remain significantly untapped, despite small to large businesses using banks and legacy fintechs to transact trillions of dollars in transaction volume annually. A report by Airwallex forecasts that the value of cross-border payments will grow by 60%, reaching $250 trillion by 2027. Between 2018 and 2022, the value […]
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Bharti will become BT’s biggest shareholder after buying a 25%, $4B stake from Altice
BT, the U.K.’s former incumbent telecoms carrier, is picking up a major new investor today as telecoms companies look for stronger footing in the rapidly-shifting technology and communications market. Bharti, the Indian tech and telecoms giant that owns Airtel among other assets, said it would purchase a 24.5% stake currently owned by Altice. Based on […]
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Oyo valuation crashes over 75% in new funding
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http://dlvr.it/TBpGY4
Sunday, August 11, 2024
Elon Musk’s X targeted with nine privacy complaints after grabbing EU users’ data for training Grok
X, the social media platform owned by Elon Musk, has been targeted with a series of privacy complaints after it helped itself to the data of users in the European Union for training AI models without asking people’s consent. Late last month an eagle-eyed social media user spotted a setting indicating that X had quietly […]
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India’s Kazam powers up to roll out EV charging in Southeast Asia
Kazam, an Indian EV charging solution provider, has raised $8 million to expand its footprint in the country and enter Southeast Asian markets.
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Why Scott Painter is selling a beach house to start a new vehicle software company
Autonomy founder Scott Painter is spinning out a new company called Autonomy Data Services, or ADS, he tells TechCrunch in an exclusive interview.
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How CNH’s ‘black belt’ M&A head makes deals
Heavy equipment manufacturer CNH Industrial has a long history of mergers and acquisitions, at times supervising legendary brands like Ferrari. But five years ago, as agtech was booming, the global giant was struggling to tap into the startup scene. The conglomerate turned to one of its longest-tenured executives, a swashbuckling Italian businessman named Michele Lombardi. […]
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CrowdStrike accepts award for ‘most epic fail’ after global IT outage
CrowdStrike's president said he'll take the trophy back to headquarters as a reminder that "our goal is to protect people, and we got this wrong."
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Open source tools to boost your productivity
TechCrunch has pulled together some open-source alternatives to popular productivity apps that might appeal to prosumers, freelancers, or small businesses looking to escape the clutches of Big Tech.
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Oyo valuation crashes over 75% in new funding
The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round. The Gurugram-headquartered startup has raised $173.5 million in a Series G funding round. InCred Wealth, Patient Capital and J&A Partners invested in the new round. TechCrunch reported in May that Oyo was seeking […]
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CSC ServiceWorks reveals 2023 data breach affecting thousands of people
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http://dlvr.it/TBmZwm
Saturday, August 10, 2024
Turkey restores access to Instagram
Turkey appears to have restored access to Meta-owned Instagram, after blocking the app on August 2. Abdulkadir Uraloglu, the country’s minister of transport and infrastructure, posted today that the ban would be lifted at 9:30pm Turkish time. Cybersecurity monitor NetBlocks says, “Live metrics show that Instagram is being gradually restored on internet providers in #Turkey […]
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Tesla’s Dojo, a timeline
Elon Musk doesn’t want Tesla to be just an automaker. He wants Tesla to be an AI company, one that’s figured out how to make cars drive themselves. Crucial to that mission is Dojo, Tesla’s custom-built supercomputer designed to train its Full Self-Driving (FSD) neural networks. FSD isn’t actually fully self-driving; it can perform some […]
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The tech world mourns Susan Wojcicki
Susan Wojcicki, a longtime Googler who spent nearly a decade as the CEO of YouTube, passed away Friday after a two-year battle non-small cell cancer. Wojcicki, who was 56, famously rented the garage of her Menlo Park home to Larry Page and Sergey Brin as they were starting Google. She then became one of the […]
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