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Startup and Technology News

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    Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round. The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government […]

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    A new bit of research from David Shear at security firm Flashpoint found that there are hundreds if not thousands of open Trello boards containing passwords, login credentials, and other potentially sensitive stuff including employee on-boarding documents. He and Brian Krebs reported the boards to Trello although some folks have already been notified by well-meaning […]

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    Swedish telehealth startup Kry has closed a $66 million Series B funding round led by Index Ventures, with participation from existing investors Accel, Creandum, and Project A. It raised a $22.8M Series A round just over a year ago, bringing its total raised since being founded back in 2014 to around $92M. The new funding will be put towards market expansion, […]

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    Asian tech company M17, which operates a live-streaming platform and data app business, has confirmed that it has canceled its proposed U.S. public listing and raised private funding to keep its business alive. The Taiwan-based company dramatically halted its NYSE listing last Friday despite pricing its IPO, and now it has clarified the situation. Well, […]

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    Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile is the latest proof that the pace of investment isn’t slowing down. Brazil was already the hottest spot for technology investment throughout Latin America — […]

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    At Google, the company offers a ‘Grab and Go’ program that allows employees to use self-service stations to quickly borrow and return Chromebooks without having to go through a lengthy IT approval process. Now, it’s bringing this same idea to other businesses. Chromebooks have found their place in education and a number of larger enterprise […]

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    Days after defending its decision to give a voice to conspiracy theory peddler Alex Jones and his Infowars site, Facebook has removed four of his videos for violating its community standards. But one of the four had already been allowed to slip through the firm’s review system. A source within Facebook told TechCrunch that one of […]

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    Apple has followed the lead of Google and Facebook after it removed Infowars, the conspiracy theorist organization helmed by Alex Jones, from its iTunes and podcasts apps. Unlike Google and Facebook, which removed four Infowars videos on the basis that the content violated its policies, Apple’s action is wider-reaching. The company has withdrawn all episodes of […]

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    If Azealia Banks’ Instagram account is to be believed, Elon Musk’s tweets about Tesla’s take-private deal can be chalked up to some good ole acid and a whole lot of post-tweet frantic scrambling. Over a series of Instagram stories from the weekend, Banks (whose account should be taken with an entire salt shaker — more […]

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    Twitter has finally taken action against Infowars creator Alex Jones, but it isn’t what you might think. While Apple, Facebook, Google/YouTube, Spotify and many others have removed Jones and his conspiracy-peddling organization Infowars from their platforms, Twitter has remained unmoved with its claim that Jones hasn’t violated rules on its platform. That was helped in […]

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    A massive trove of voter records containing personal information on millions of Texas residents has been found online. The data — a single file containing an estimated 14.8 million records — was left on an unsecured server without a password. Texas has 19.3 million registered voters. It’s the latest exposure of voter data in a […]

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    The number of complaints filed with the U.K. data protection watchdog has more than doubled since the introduction of new European regulations. There were 6,281 complaints filed with the Information Commissioner’s Office between May 25, when the new GDPR rules went into effect, and July 3, a rise of more than double from the 2,417 […]

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    The crypto market is down significantly today, practically across the board of all coins, following a report that claims Goldman Sachs has backed down on plans to start a dedicated cryptocurrency trading desk. Bitcoin is down over five percent in the last 24 hours, but ‘altcoins’ have been hit harder. Ethereum (down 14 percent), XRP […]

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    Estonian ride-hailing company Taxify will compete with Bird and Lime in Europe with its new brand of e-scooters, called Bolt, launching in Paris on Thursday. The company has rolled the scooter sharing service into its mobile app, which has attracted 10 million users in 25 countries since it launched in August 2013.

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    A security researcher has found a new way to crash and restart any iPhone — with just a few lines of code. Sabri Haddouche tweeted a proof-of-concept webpage with just 15 lines of code which, if visited, will crash and restart an iPhone or iPad. Those on macOS may also see Safari freeze when opening […]

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    A security researcher has published details of a vulnerability in a popular cloud storage drive after the company failed to issue security patches for over a year. Remco Vermeulen found a privilege escalation bug in Western Digital’s My Cloud devices, which he said allows an attacker to bypass the admin password on the drive, gaining […]

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    Twitter said that a “bug” sent user’s private direct messages to third-party developers “who were not authorized to receive them.” The social media giant began warning users Friday of the possible exposure with a message in the app. “The issue has persisted since May 2017, but we resolved it immediately upon discovering it,” the message […]

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    The ongoing saga over the FCC’s handling of public comments to its net neutrality proposal continues after The New York Times sued the organization for withholding of information that it believes could prove there was Russian interference. The Times has filed multiple Freedom of Information Act requests for data on the comments since July 2017, […]

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    Brisbane, California based e-motorcycle startup Alta Motors has ceased operations, TechCrunch has confirmed.  Earlier today Asphalt and Rubber — and several subsequent outlets — reported the company stopped operating this morning, fired its staff, and may be looking for a buyer. Alta has yet to comment on the situation. “As of this morning I no longer represent […]

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    The Israeli cybersecurity venture studio Team8 has raised $85 million in new financing from a clutch of new and returning strategic investors including Walmart, Airbus, SoftBank, and Microsoft’s investment arm, M-12. The studio’s plans to raise a larger fund were first reported by PEHub in May. Team8 has long believed that by combining the strengths and security […]

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