This past year has been hectic for the crypto lending platform BlockFi and today is no different as the company shared an announcement that it filed for voluntary Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey. On November 10 the crypto platform shared in a tweet that it paused […]
BlockFi files for Chapter 11 bankruptcy by Jacquelyn Melinek originally published on TechCrunch
While there’s no one right way to go about fundraising, there are a few wrong ways — and failure is a wonderful teacher.
3 mistakes to avoid as an emerging manager by Ram Iyer originally published on TechCrunch
Cairo-born and Dubai-based mass transit and shared mobility services provider SWVL has carried out its second round of layoffs affecting 50% of its remaining headcount, according to a statement shared by the company. The news is coming six months after SWVL laid off 32% of its workforce in a “portfolio optimization program” effort geared towards […]
SWVL reduces its headcount by 50% six months after axing 400+ staff by Tage Kene-Okafor originally published on TechCrunch
Denmark-based venture fund BackingMinds, founded in 2016, likes to think it takes a different approach to venture in Europe. Its new €50 million fund will aim to take a road less travelled by most VCs, looking “for the blind spots” traditional venture capital can often miss because of typical VC herd behaviour (such as investing […]
BackingMinds raises new €50 million fund to fund normally overlooked entrepreneurs by Mike Butcher originally published on TechCrunch
Facebook’s parent, Meta, has been hit with another hefty penalty for breaching European data protection law. The €265 million (~$275M) fine was announced today by the Irish Data Protection Commission (DPC), the tech giant’s lead regulator for the European Union’s General Data Protection Regulation (GDPR). The DPC confirmed that the decision, which was adopted on […]
Meta hit with ~$275M GDPR penalty for Facebook data-scraping breach by Natasha Lomas originally published on TechCrunch
Oceanic+, developed by Huish Outdoors, made a splash at this year’s Apple Fall Event in September, when Apple pulled a surprise new watch out of its proverbial hat, the Apple Watch Ultra. One of the surprises was that the $800 watch is rated for recreational scuba diving, enabling owners to take it underwater to 40 […]
Apple and Huish devise clever pricing model for divers with Oceanic+ app by Haje Jan Kamps originally published on TechCrunch
“Raise as much as you can as fast as you can” isn’t bad advice, but given the funding climate today, it may not be the most realistic.
Lessons for raising $10M without giving up a board seat by Ram Iyer originally published on TechCrunch
In September, Apple launched the Apple Watch Ultra, which is not only waterproof to 100 meters (330 feet) in depth, but can also be used as a dive computer with the help of a companion app developed by Huish Outdoors. We took it into the deep blue sea to test it out. I’ve been an […]
We went diving with the Apple Watch Ultra by Haje Jan Kamps originally published on TechCrunch
The UK government has said it will further expand the scope of online safety legislation by criminalizing the encouragement of self-harm — in a bid to tackle what it describes as “tragic and avoidable deaths caused by people seeing self-harm content online”. The latest amendment to the controversial but populist Online Safety Bill will mean […]
UK expands Online Safety Bill to criminalize encouraging self harm by Natasha Lomas originally published on TechCrunch