Hacker breaches Fast Company systems to send offensive Apple News notifications

U.S. business publication Fast Company has confirmed that a hacker breached its internal systems to send offensive push notifications to Apple News users.  In a statement, Fast Company said that a threat actor breached the company’s content management system (CMS) on Tuesday, giving them access to the publication’s Apple News account. The hacker used this … Read more

Ocelot, an engagement platform aimed at college students, raises $117M in its first outside funding

Higher education, at its best, aims to be less elitist and more accessible to people from all walks of life. Today, a startup called Ocelot is announcing a big round of funding to build more tools to help in that effort. The company, which provides an AI-based platform to facilitate easier communications between universities and … Read more

South Korean prosecutors confirm they seek to freeze bitcoin assets linked to Do Kwon, who denies moving tokens

Luna Foundation Guard (LFG), a Bitcoin reserve co-founded by Do Kwon as a confidence backstop to protect the Terra ecosystem, refuted claims that it had transferred digital tokens to other crypto exchanges after South Korea issued an arrest warrant for Kwon on Sept 14. South Korean prosecutors say they have requested two crypto exchanges – … Read more

VRAI wants to tackle the energy crisis by bringing VR simulation training to offshore wind sector

Virtual Reality (VR) has struggled to transition too far beyond gaming circles and specific industry use-cases such as medical training, but with the burgeoning metaverse movement championed by tech heavyweights such as Meta, there has been a renewed hope (and hype) around the promise that virtual worlds bring. Just yesterday, Los Angeles-based AmazeVR announced a … Read more

Italy’s Satispay raises €320M at a €1B+ valuation with backing from Block, Tencent and more for its indy payment network

More signs that the economy is slowing down in Europe, and that costs are going up, are driving merchants and consumers to look for less expensive ways to carry out their everyday business. Today, a startup out of Italy called Satispay — which operates an independent payment network that bypasses big banks and credit companies … Read more

YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda

Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but are still marginalized in accessing credit from formal institutions because of the nature of their operations; for instance, many often lack the kind of collateral that is acceptable by banks. To bridge the … Read more

Roundtable wants to bring AngelList-style syndicates to Europe

Meet Roundtable, a new startup backed by eFounders that wants to bring community-driven angel investments to European startups. The company has built a platform that simplifies the administrative, legal and financial challenges that come with angel investments. Roundtable could be particularly useful for existing angel investors who want to unlock some additional capital for their … Read more

Stockly raises another $12 million to sell out-of-stock items via other retailers

French startup Stockly is raising a $12 million Series A round (€12 million) from Eurazeo, Daphni and several business angels. The company pools together the inventory of several e-commerce websites. When a retailer is out-of-stock on a popular item, they can still accept the order and process the order through a different retailer’s inventory. This … Read more

BMW’s most powerful SUV is a plug-in hybrid

BMW raised the curtain Tuesday on a high-performance plug-in hybrid SUV meant to lure buyers from the ultra-luxury segment’s Lamborghini Urus and Aston Martin DBX. The BMW XM full-size SUV is the first electrified model from the brand’s race track-ready M badge. Starting just below $160,000, the 644-horsepower crossover also rates as the most powerful … Read more

Former MoviePass execs are being sued by the SEC for lying to customers

Ahead of the official relaunch of subscription-based movie ticketing service MoviePass, the Securities and Exchange Commission (SEC) filed a complaint against three of its former executives, claiming they lied to investors and the public. The SEC filing targeted former MoviePass CEO Mitch Lowe and Ted Farnsworth, the former CEO of parent company Helios and Matheson … Read more

China’s Nio joins the race for lithium, buys 12% of Australia’s Greenwing Resources

China’s electric vehicle upstart Nio has joined Tesla in sourcing raw materials directly from mines rather than its own battery suppliers as soaring prices of lithium, a critical component of EV batteries, hurt manufacturers’ supply chain stability and bottom lines. Lithium carbonate prices in China hit a record 501,500 yuan/tonne in September, tripling the number … Read more

No, Tumblr is not bringing back porn

Tumblr announced a “community labels” feature this week that will make it easier for bloggers to filter out sensitive content that they may not want to see. Now, users can tag posts with labels pertaining to drug and alcohol addiction, violence and sexual content. Tumblr stopped allowing pornography in 2018 after the Tumblr app was temporarily … Read more

Click to install: Kopperfield’s $5M seed round seeks to speed EV charger adoption

Now that the U.S. has finally committed to electrifying cars and trucks, there’s been a lot of handwringing over where they’ll charge. The Biden administration just approved all 50 states’ plans for where to install DC fast chargers, and while those plans will help fill massive infrastructure gaps, those chargers won’t be nearly enough to … Read more

Can crypto make the world a better place?

Image Credits: TechCrunch The crypto world has never shied away from making big promises, but as the industry matures and its audience widens, now’s a good time to take a step back and look at how the space is delivering on its vision. Welcome to Chain Reaction, where we unpack and explain the latest in crypto … Read more

Europe’s inaugural Women in VC Summit the first step in a long climb toward equity

Some of the most prominent women in venture capital descended upon Paris this week for the first-ever Women in VC Summit, European edition. The event, organized by investors Sophie Winwood, Ruth Foxe Blader and Clarisse Lam, brought together top minds to discuss creating a more inclusive and equitable venture landscape. The conference was open only to … Read more

Apple’s latest iPadOS 16 beta expands Stage Manager to older iPad Pro models

Apple’s latest iPadOS 16 developer beta brings Stage Manager to older iPad Pro models, as an M1 chip is no longer required. Stage Manager, which offers easier multitasking and switching between apps, was previously only compatible with the M1-powered iPad Air and the 11-inch and 12.9-inch iPad Pro models released last year. Now, the feature … Read more

Cardano founder claims Ethereum community in for a ‘rough time’ following the Merge

The Ethereum system upgrade known as the Merge was executed about two weeks ago. And while things have been running smoothly, not everyone is impressed by the upgrade. Cardano founder and CEO Charles Hoskinson is among them, telling TechCrunch he didn’t expect Ethereum’s design of Proof-of-Stake (PoS) to be “as rough as it is.” Prior … Read more

Netflix launches game handles for users of its iOS and Android mobile games

Netflix announced today it’s introducing a new feature to its games service that will allow its members to create game handles when they’re playing its exclusive titles. TechCrunch had previously reported the feature was in development and had been quietly tested on select titles, including The Breach, Bowling Ballers, Mahjong Solitaire and Heads Up. Now, … Read more

FCC solicits feedback from the public on rules to stop robotexts

The U.S. Federal Communications Commission (FCC) today proposed new rules to fight back against so-called “robotext” campaigns — the barrages of scam texts sent by malicious actors and large criminal organizations. In a press release, the agency said it would solicit ideas to apply caller ID technologies to text messaging and explore mandating that cell … Read more

Netflix shares trailer for Spotify series ‘The Playlist’

Netflix released the official trailer for “The Playlist” today, an upcoming limited series that loosely tells the story of how Spotify was created. The six-episode show will premiere on October 13. “The Playlist” will center around Spotify founder and CEO Daniel Ek, played by “Vikings” star Edvin Endre and how the company became one of … Read more

Cloudflare takes aim at AWS with promise of $1.25 billion to startups that use its own platform

Cloudflare, the security, performance, and reliability company that went public three years ago, announced this morning that it will help connect startups that use its serverless computing platform to dozens of venture firms that have collectively offered to invest up to $1.25 billion in the companies out of their own existing funds. It’s a smart, … Read more