Security researchers say a powerful new Android malware masquerading as a critical system update can take complete control of a victim’s device and steal their data. The malware was found bundled in an app called “System Update” that had to be installed outside of Google Play, the app store for Android devices. Once installed by […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. News was right back up to a dull roar this week, so we did our best to trim and hone and just bring you the most […]
Chainalysis, a blockchain analysis company, announced Friday it has closed on $100 million in Series D financing, doubling its valuation to over $2 billion. The round comes just four months after the company secured a $100 million Series C round at a $1 billion valuation. Paradigm led the latest funding event while existing backers Addition […]
This morning, well-known robotic process automation (RPA) unicorn UiPath has filed to go public. The company’s S-1 filing comes after it raised billions of dollars while private, making it amongst the best-funded startups in history. Over the last year, for example, the company’s rapid-fired fundraising included its Series E and Series F rounds of capital, both […]
We’ve seen a lot of trend lines moving throughout 2020 and into 2021 around automation, workflow, robotic process automation (RPA) and the movement to low-code and no-code application building. While all of these technologies can work on their own, they are deeply connected and we are starting to see some movement toward bringing them together. […]
Vibrant, a medical technology company that’s developed a disposable vibrating pill to treat chronic constipation, today announced its Series E for $7.5 million. The company is based in Tel Aviv and is lead by Lior Ben-Tsur, a startup veteran. Since its founding in 2007, the company has raised a total of $25 million. This round […]
Google’s latest investment in India is a startup that is helping businesses come online. One-year-old DotPe, a Gurgaon-based startup, said on Friday it has raised $27.5 million in its Series A financing round. The round was led by PayU, with participation from existing investor Info Edge Ventures and Google. The young startup, now valued at […]
If you browse Instagram, you are probably familiar with the term “link in bio.” Links aren’t allowed in post captions, and users are only allowed one URL in their bios, so many create a simple website with multiple links for their followers. Linktree, one of the most popular “link in bio” services with more than […]
The home ownership rate in Vietnam is about 90%, but many millennials are struggling to join that number. Rising property prices in cities, coupled with a lack of financing options, mean more people have to delay buying their first homes unless they have family support. Part of Y Combinator’s latest batch, Homebase was founded in 2019 […]
There is tremendous potential in the Middle East for adtech startups and digital marketing agencies. Although consumers there used to prefer traditional advertising, the internet took over in 2020.
BBG Ventures, an eight-year-old, New York-based seed- and early-stage venture firm that only backs founding teams which feature at least one woman, just locked down $50 million in capital for its third fund, a major leap over its first two funds, both sized at $10 million. One determining factor in the bigger fund is that […]
Tech executives face Congress, Spotify gets a redesign and Snapchat is developing a new Remix feature. This is your Daily Crunch for March 25, 2021. The big story: Zuckerberg defends Facebook over role in Capitol attack Facebook’s Mark Zuckerberg, Twitter’s Jack Dorsey and Google’s Sundar Pichai appeared at a hearing today with the House Energy […]
If Congress wants to write laws that effectively regulate companies like Facebook, Google and Twitter, it needs to change the ways it interacts with those companies, because these hearings ain’t it. They’re a waste of everyone’s time, and no one is even pretending otherwise. To truly put Big Tech on the spot, future hearings need […]
Porsche has added its first all-electric vehicle, the Taycan sports sedan, to its subscription and short-term rental program as part of a broader expansion that aims to build a new customer base of U.S. owners. The German automaker said Thursday it is also expanding the Porsche Drive subscription and rental programs to five more cities […]
Twitter CEO Jack Dorsey got called out by Rep. Kathleen Rice (D-NY) for tweeting during today’s congressional hearing on disinformation and extremism. The tech exec’s tweet was likely expressing frustration with the format of the hearing, which once again saw the tech CEOs forced to boil down their answers to complicated questions into simple “yes” […]
Matt Salzberg, who co-founded and served as CEO of meal kit startup Blue Apron until 2017, is back in the startup business with a new venture studio called Material. Along with Salzberg, Material is led by partners Andy Salamon (formerly a general partner at Atomic Labs who backed Hims and Terminal) and Danielle David Parks […]
It might seem like everyone and their mom is selling a non-fungible token (NFT) these days, but Pussy Riot co-founder Nadya Tolokonnikova is one of the few strategizing beyond the hype cycle. The NFT market is just getting started, but where is it headed? “I’ve been using cryptocurrency before this,” Tolokonnikova told TechCrunch, noting Pussy […]
On Wednesday, a coalition of a dozen state attorneys general called on Facebook and Twitter to step up their enforcement of their community guidelines to curtail the spread of COVID-19 vaccine misinformation on their platforms. Their letter specifically identified 12 “anti-vaxxer” accounts that were responsible for a sizable 65% of public anti-vaccine content on Facebook, […]
In an interview with Reuters six days after the attack on the U.S. Capitol, Facebook Chief Operating Officer Sheryl Sandberg infamously downplayed her company’s role in the day’s horrific events, which left five people dead. “I think these events were largely organized on platforms that don’t have our abilities to stop hate and don’t have […]
Electric vehicle manufacturers are pushing back against a decision to delay penalty increases for automakers who fail to meet fuel efficiency standards. A lobbying group representing legacy automakers — many of whom are now making substantial investments in zero-emissions vehicles — said the increase would have a significant economic impact during a time when the […]
