Instagram outage tells millions their accounts are suspended

Illustration by Alex Castro / The Verge An Instagram outage that started Monday morning is locking users out and telling many of them that “we suspended your account on October 31, 2022.” The platform confirmed the issue on Twitter, stating, “We’re aware that some of you are having issues accessing your Instagram account. We’re looking … Read more

Rising energy costs are making the cloud more expensive

Since winter, around the start of the war in Ukraine, energy costs have risen drastically — particularly in parts of Europe historically dependent on Russian fuel. That’s impacted data centers, which aren’t directly reliant on resources like natural gas but which often draw on power grids and backup generators that generate a portion of their … Read more

Twitter is a startup again, I guess

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Stocks are mixed around the world, notably lower in China on the back of some negative economic data, and down in the United States ahead of what is expected to be another rise … Read more

Topline Pro grabs $5M to help home service businesses scale online

Like many “solopreneurs,” home service professionals have to balance doing the work while also managing a business. Topline Pro wants to take some of that burden off the shoulders of professionals so they can concentrate on customers. New York-based Topline Pro, formerly ProPhone, does this by leveraging generative artificial intelligence to provide a way for … Read more

6 reasons why you shouldn’t join an accelerator

Saba Karim Contributor Share on Twitter Saba Karim is director of the startup pipeline at Techstars. As the head of startup pipeline at Techstars, I’ve been getting on calls with founders, attending events, speaking on stages like TechCrunch’s Disrupt and hosting countless Twitter Spaces. Each time, I’ve been telling founders why they should join an … Read more

Contract lifecycle management vendor Icertis secures $150M in debt to stave off rivals

It’s Halloween. And, if you’re contract management software company Icertis, it’s payday. After raising $115 million in 2019, Icertis today secured $150 million — $75 million in convertible debt and a $75 million revolving credit facility — in a combined tranche that brings the company’s total capital raised to $520 million. By going the debt … Read more