Source: TechCrunch

Ex-Clubhouse employees take another swing at a social networking startup

The ex-Clubhouse, Netflix employees raised $1.65M for an app that combines social media, networking, and dating.
Dominic-Madori Davis
Aug. 7, 2024, 12:03 p.m.
5 min read
Source: TechCrunch

Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash

New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch.  Payoneer said it could also pay…
Mary Ann Azevedo
Aug. 7, 2024, 11:33 a.m.
5 min read
Source: TechCrunch

Elon Musk’s X taken to court in Ireland for grabbing EU user data to train Grok without consent

Elon Musk’s X is being taken to court in Ireland for using Europeans’ data to train AI models without asking for their consent.
Natasha Lomas
Aug. 7, 2024, 10:03 a.m.
5 min read
Source: TechCrunch

Automattic launches AI writing tool that aims to make WordPress blogs more readable and succinct

Automattic, the owner of WordPress.com, has launched a new AI tool designed to help bloggers write more clearly and succinctly.
Paul Sawers
Aug. 7, 2024, 9:33 a.m.
5 min read
Source: TechCrunch

EQT takes a majority stake in cybersecurity firm Acronis at $3.5B+ valuation

Cybersecurity remains a white-hot space for investors. In the latest example of that demand, EQT has bought a majority stake in Acronis, a security company that specializes in data protection,…
Ingrid Lunden
Aug. 7, 2024, 8:03 a.m.
5 min read
Source: TechCrunch

EQT takes a majority stake in cybersecurity firm Acronis at a $3.5B+ valuation

Cybersecurity remains a white-hot space for investors, and in the latest deal, EQT is taking a majority stake in Acronis, a security company that specializes in data protection, cloud and…
Ingrid Lunden
Aug. 7, 2024, 7:33 a.m.
5 min read
Source: TechCrunch

UK data watchdog to fine NHS vendor Advanced for security failures prior to LockBit ransomware attack

The ICO issued the provisional fine in “failing to implement appropriate security measures prior to the attack.”
Zack Whittaker
Aug. 7, 2024, 12:03 a.m.
5 min read
Source: TechCrunch

Airbnb details plans to expand beyond short-term rentals, including co-hosting and relaunching ‘experiences’

Airbnb CEO Brian Chesky suggested on Tuesday’s Q2 earnings call with investors that the company will soon expand into new products and services, including co-hosting, a relaunch of Airbnb’s “experiences,”…
Sarah Perez
Aug. 6, 2024, 11:03 p.m.
5 min read
Source: TechCrunch

Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth

African e-commerce company Jumia is selling 10 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction is to take advantage of strong results…
Tage Kene-Okafor
Aug. 6, 2024, 11:03 p.m.
5 min read
Source: TechCrunch

UK data watchdog fines NHS vendor Advanced for security failures prior to LockBit ransomware attack

The ICO issued the provisional fine in “failing to implement appropriate security measures prior to the attack.”
Zack Whittaker
Aug. 6, 2024, 11:03 p.m.
5 min read
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