Some changes at Sonos. Patrick Spence, the company’s chief executive officer (pictured above), is leaving the company after eight years in the job. Tom Conrad, the co-founder of Pandora and a Sonos board member, is stepping in as interim CEO starting today. 2024 has been a complicated year for the speaker manufacturer. The company released […]
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Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The Toronto-based fintech likens itself to U.S.-based fintech giants Brex and Ramp but says it is different in that its sole focus is on Canadian SMBs, which CEO and co-founder Rob […]
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The company confirmed the breach after a hacker posted millions of location data records online.
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Nominet, the U.K. domain registry that maintains .co.uk domains, has experienced a cybersecurity incident that it confirmed is linked to the recent exploitation of a new Ivanti VPN vulnerability. In an email to customers, seen by TechCrunch, Nominet warned of an “ongoing security incident” under investigation. Nominet said hackers accessed its systems via “third-party VPN […]
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Healthcare is proving to be one of the more lucrative industries for building AI solutions to speed up clinical, research and administrative operations. Now, we have one of the latest examples of how that is playing out in terms of venture funding. Qventus, a startup that builds AI-based tools to automate work across a range […]
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Coreweave, the $19 billion cloud computing company that provides companies with AI compute resources, has formally opened its first two data centers in the U.K. — its first outside its domestic U.S. market. CoreWeave opened its European headquarters in London last May, shortly after hitting a $19 billion valuation off the back of a $1.1. […]
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Decentralized social network organization Mastodon said Monday that it is planning to create a new non-profit organization in Europe and hand over ownership of entities responsible for key Mastodon ecosystem and platform components. This means one person won’t have control over the entire project. The organization is trying to differentiate itself from social networks controlled […]
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In 2023, the U.K. made a big song and dance about the need to consider the harms of AI, giving itself a leading role in the wider conversation around AI safety. Now, it’s whistling a very different tune: today, the government announced a sweeping plan and a big bet on AI investments to develop what […]
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Groww, India’s largest retail stockbroker, is positioning itself to file for an IPO in 10-12 months and is seeking a valuation between $6 billion to $8 billion, sources familiar with the matter told TechCrunch, in what would be a landmark listing for the country’s fintech sector. The Bengaluru-headquartered’s listing would be the first IPO by […]
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Fire-tracking app Watch Duty has become a crucial source of information for Los Angeles residents threatened by wildfires. As TechCrunch’s Maxwell Zeff explained, the app relies on a network of active and retired firefighters, first responders, official government reports, and volunteer reporters who monitor radio scanners to offer real-time updates on active wildfires. During this […]
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