This is not the best news for the Korean startup scene. Korean conglomerates invest in the US Market to expand their global positioning. Conglomerates like Samsung, SK, Lotte, LG, and others have started building plants in the United States and investing in US companies. This plan is to expand...
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A group of House Democrats has unveiled a new bill that aims to put limits on the use of facial recognition technologies by law enforcement agencies across the United States. Dubbed the Facial Recognition Act, the bill would compel law enforcement to obtain a judge-authorized warrant before using...
Simon Butler Contributor Share on Twitter Simon Butler was founder and CEO of Methodics Inc, acquired by Perforce in 2020. He is currently the general manager of Perforce’s Methodics Business unit. This year is proving to be momentous for...
As antitrust regulators around the world dial up scrutiny of platform power, Mozilla has published a piece of research digging into the at times subtle yet always insidious ways operating systems exert influence to keep consumers locked to using their own-brand browsers rather than seeking out...
Web Summit, one of the world’s largest events centered around technology startups, is to launch a brand new venture capital vehicle consisting of two new funds, TechCrunch understands. The move follows an acrimonious fall-out between Web Summit’s co-founders, who first started the now-defunct...
Swiftly Systems entered unicorn territory after announcing today that it grabbed another round of $100 million, this time in a Series C. The new funding was led by BRV Capital Management. If you’re feeling some deja vu, you would be right: this is the second $100 million the retail technology...
Victims of the LockerGoga ransomware can now recover their stolen files for free, thanks to a new decryptor released by Romanian cybersecurity firm Bitdefender and the NoMoreRansom Initiative. The LockerGoga ransomware family, known for its attacks against industrial organizations, first emerged...
Getting a bunch of bananas and avocados from your favorite 15-minute grocery delivery company at 3 a.m. might be the greatest thing since sliced bread, but some of these companies are finding themselves in somewhat of a cost-related pickle in such a low-margin business. While covering the recent...
In his latest TC+ post, growth expert Jonathan Martinez looks at the grim realities of user acquisition. The plain fact is, few of the people who are motivated enough to make it all the way through a registration flow ever create any value. “Approximately 95.87% of iOS users drop off after day...
Graph databases, which store information in nodes and relationships instead of tables like Excel sheets, have grown in popularity amid an explosion of data across industries. While TigerGraph and Neo4j have dominated the Western market, China is seeing its own homegrown pioneers in the...
There’s no shortage of startups trying to make sense of the explosive growth of data generated from blockchain applications. Nansen has the support from a16z to provide on-chain data analysis for crypto investors. The Graph offers an API for developers to query blockchain data. The latest to get...
‘Top Widgets’ soars to No 1 on the App Store, displacing BeReal, as iOS 16 customization takes off
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As iOS 16 Lock Screen customization takes off, an iPhone personalization app called Top Widgets has soared to the No. 1 spot on the U.S. App Store’s top free apps list, displacing BeReal. The Sichuan, China-based app maker first introduced Top Widgets in August 2020 to capitalize on the...
The Merge, the long-awaited software upgrade that promises to make Ethereum transactions a lot greener, is expected to put miners out of jobs. But miners are not quitting outright. With big bucks invested in computing hardware, many of them are seeking refuge in an alternative branch of...
Executives from four of the biggest social media companies testified before the Senate Homeland Security Committee Wednesday, defending their platforms and their respective safety, privacy and moderation failures in recent years. Congress managed to drag in a relatively fresh set of...
TikTok claims it’s not collecting U.S. users’ biometric data, despite what privacy policy says
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Last year, TikTok quietly updated its privacy policy to allow the app to collect biometric data on U.S. users, including “faceprints and voiceprints” — a concerning change that the company declined to detail at the time, or during a subsequent Senate hearing held last October. Today, the...
Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects...
David Jegen Contributor Share on Twitter David Jegen is managing partner of F-Prime Capital’s Tech Fund. More posts by this contributor The restaurant table(t) is getting crowded Abdul...
There is a fight emerging in Central and Eastern Europe, and all the way down into the South Eastern regions. Investors such as Inovo, Credo, LauncHUB, Vitosha, Venture Friends, Marathon VC, are all VCs of varying sizes who are – as we speak – roaming everywhere from Eastonia and Poland all...
It always feels good to get paid, so it’s no surprise that a payroll model like earned wage access (EWA), which lets employees withdraw their accrued wages at any time, has exploded in popularity. The pandemic certainly played a big role in helping people understand the benefits of being able to...
A ticking bomb of security vulnerabilities. Covering up security failures. Duping regulators and misleading lawmakers. These are just some of the allegations when Twitter’s ex-security lead turned whistleblower, Peiter Zatko, testified to the Senate Judiciary Committee on Tuesday, less than a...
As institutions continue to dip their toes into the world of digital assets, KKR & Co. is the latest to enter the space by tokenizing a part of one of its private equity funds – a step that may provide institutional private market strategies to more individual investors. “We’re big...
Runa Capital kicks off new fund as it joins the VC ‘Scramble for Europe’ by moving to Luxembourg
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Runa Capital, which launched there in 2010, says it has raised $55 million towards its fourth fund, aiming for a hard cap of $250 million. And after 12 years in the US, the normally Palo Alto-based VC says it is now relocating its HQ to Luxembourg, to re-focus its attention on the European market,...
Rocio Wu Contributor Rocio Wu is a principal at F-Prime Capital. She focuses on early-stage investments in fintech and enterprise software investments in the U.S. and LatAm. More posts by this contributor 6 investment trends that could emerge from the...
Stockholm’s EQT Growth closes $2.2B to fund scaling European startups like Vinted, Mambu and Epidemic Sound
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The days of European startups relocating to the U.S. if they want to grow (and raise money to do so) have been receding in the rearview mirror for a while now, so much so that even in these leaner times — where all fundraising and tech bets are tightening up — we’re still seeing some...
The first half of 2022 broke fundraising records at VC firms, but at the same time, pretty much everyone we spoke to expected fundraising to slow to a trickle by the end of the year. And while it is slowing down, fundraising is also getting really weird. By weird, I mean largely unpredictable....
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as...
Los Angeles Unified School District, or LAUSD — the second largest district in the U.S. with more than 1,000 schools and 6,000 students — confirmed this week that it was hit by a cyberattack over the weekend, disrupting access to its IT systems. Details about the incident, described as...
Patreon has confirmed it has laid off five employees from its security team. Emily Metcalfe, a former senior security engineer at Patreon, said in a LinkedIn post on Thursday: “So for better or worse, I and the rest of the Patreon Security Team are no longer with the company.” According to a...
A day before Apple unveiled its highly anticipated satellite-powered SOS feature for iPhone 14, Huawei announced its own equivalent. The Chinese telecoms equipment and smartphone giant said its flagship Mate 50 series will support texting via satellite communication. The feature is made possible...
Security researchers have linked a new cyber espionage campaign targeting U.S. energy providers to the North Korean state-sponsored Lazarus hacking group. Threat intelligence company Cisco Talos said Thursday that it has observed Lazarus — also known as APT38 — targeting energy providers in...