January 2023

Investment giant Fidelity announced today that it has acquired Shoobx, a venture-backed fintech startup, for an undisclosed amount. Jason Furtado and Stephan Richter founded Boston-based Shoobx in 2013, according to Crunchbase. The pair went on to raise a known $10 million in funding for the company with investors such as Austin-based Scout Ventures and Steve […]

Fidelity makes first acquisition in 7 years, snapping up fintech Shoobx by Mary Ann Azevedo originally published on TechCrunch

Virgin Orbit’s much-hyped launch from Cornwall, U.K. on Monday ended in failure, with the company announcing that the mission experienced an “anomaly” that prevented the rocket from reaching orbit. The “Start Me Up” mission attracted much attention; not only was it the company’s sixth launch, it was also billed as the first-ever space flight from […]

Virgin Orbit’s botched launch highlights shaky financial future by Aria Alamalhodaei originally published on TechCrunch

A government watchdog has published a scathing rebuke of the Department of the Interior’s cybersecurity posture, finding it was able to crack thousands of employee user accounts because the department’s security policies allow easily guessable passwords like ‘Password1234’. The report by the Office of the Inspector General for the Department of the Interior, tasked with […]

A government watchdog spent $15,000 to crack a federal agency’s passwords in minutes by Zack Whittaker originally published on TechCrunch

Meta’s main subcontractor for content moderation in Africa, Sama, earlier Tuesday announced the closure of its content moderation arm at its hub in Kenya, citing the need to streamline operations. This comes months after Sama and Meta were sued in the East African country for union busting, and exploitation, and just weeks after another lawsuit […]

Meta’s main content moderation partner in Africa shuts down operations by Annie Njanja originally published on TechCrunch

Salesforce has been having a rough go of it lately, and the new year brought little relief with news it was laying off 10% of its workforce.

Salesforce turmoil continues into new year, as recent layoffs attest by Ron Miller originally published on TechCrunch

Xfinity announced today that customers using the Xfinity Stream app can now use Apple AirPlay to stream and share content directly to Apple TV 4K and other AirPlay-supported devices, such as Samsung smart TVs, LG, Sony, Vizio, and smart speakers like Bose and Sonos. AirPlay functionality is important for a pay TV streaming app, so […]

Comcast’s Xfinity Stream app adds support for Apple’s AirPlay by Lauren Forristal originally published on TechCrunch