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In parallel with the FTC’s ominous warning to Elon Musk’s Twitter yesterday — that ‘no CEO or company is above the law‘ — the microblogging platform’s lead regulator in the European Union is on its case in the wake of senior staffers in charge of security and privacy compliance walking out the door. Graham Doyle, […]

Twitter’s lead EU watchdog for data protection has fresh questions for Musk by Natasha Lomas originally published on TechCrunch

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We thought that last week was a lot. It was, but this week was somehow more. More chaotic, rapid-fire change at a number of massive tech companies kept us on our toes. So, […]

It’s not a rug pull if it’s an accident by Rebecca Szkutak originally published on TechCrunch

The once-third-largest crypto exchange FTX has fallen from prestige in the past week and has now announced it filed for Chapter 11 bankruptcy in the U.S. FTX CEO and founder Sam Bankman-Fried has resigned from his role, and Enron turnaround veteran John J. Ray III has been appointed as the new CEO. “The immediate relief […]

FTX files for bankruptcy, CEO Sam Bankman-Fried steps down by Jacquelyn Melinek originally published on TechCrunch

The Australian Federal Police claims to have identified the cybercriminals behind the Medibank ransomware attack, which compromised the personal data of 9.7 million customers. AFP Commissioner Reece Kershaw said on Friday that the agency knows the identity of the individuals responsible for the attack on Australia’s largest private health insurer. He declined to name the […]

Australia tells Medibank hackers: ‘We know who you are’ by Carly Page originally published on TechCrunch

While venture capital remains the most popular avenue for startups, founders should take advantage of all the financing options available to them.

Revenue-based financing: A new playbook for startup fundraising by Ram Iyer originally published on TechCrunch