After years of high-profile court proceedings, Elizabeth Holmes could actually be headed to prison. For real this time. The former Theranos founder and CEO was found guilty of defrauding investors last January, but has consistently delayed and appealed her sentencing to remain out of incarceration. Though the infamous biotech entrepreneur is still appealing her 11-year […]
Time’s up for Elizabeth Holmes by Amanda Silberling originally published on TechCrunch
Today is last day to cast your vote for Audience Choice roundtables and breakouts at Disrupt 2023. Voting ends at 11:59pm PDT tonight. You pick the sessions you want at TechCrunch Disrupt 2023 Specifically, you help decide which of the 17 roundtable discussions and 15 breakout sessions will earn a spot on the Disrupt agenda. […]
Disrupt 2023 Audience Choice voting ends today by Lauren Simonds originally published on TechCrunch
Embedded insurtech is still hot, as the $196 million in funding landed by bolttech proves. The company, which started in Singapore but now has operations around the world, said it is now valued at $1.6 billion. The funding was led by Tokio Marine, Japan’s first insurance company, and life insurance leader MetLife through its subsidiary […]
Insurtech bolttech gets $196M at $1.6B valuation from investors like MetLife by Catherine Shu originally published on TechCrunch
France’s privacy watchdog, the CNIL, has published an action plan for artificial intelligence which gives a snapshot of where it will be focusing its attention, including on generative AI technologies like OpenAI’s ChatGPT, in the coming months and beyond. A dedicated Artificial Intelligence Service has been set up within the CNIL to work on scoping […]
France’s privacy watchdog eyes protection against data-scraping in AI action plan by Natasha Lomas originally published on TechCrunch
Eagle Eye Networks and Brivo, two players in the world of physical cloud security — respectively video surveillance and access control systems to secure buildings and other physical spaces — are doubling down on their businesses… quite literally. The pair of U.S. companies — majority owned by the same individual, security entrepreneur Dean Drako — […]
Eagle Eye Networks and Brivo raise $192M in a joint round to boost cloud security business by Ingrid Lunden originally published on TechCrunch
Egyptian fintech Axis has launched its digital payments platform to the North African market after securing a license from the apex bank, Central Bank of Egypt (CBE), for its open-loop mobile wallet, axisPay, which offers a digital banking alternative for small businesses and their employees. This is coming almost 18 months after the startup received […]
Tiger Global-backed Axis launches digital payments platform for Egyptian SMEs months after its $8.25M seed by Tage Kene-Okafor originally published on TechCrunch
Wefox, the German insurtech startup, has closed a new funding round from existing investors. The funding amount isn’t going to impress anyone as the company managed to secure $55 million. This could be considered as an extension of the $400 million Series D round as Wefox managed to maintain the same valuation of $4.5 billion. […]
Wefox secures new funding at $4.5 billion valuation as it aims for profitability by Romain Dillet originally published on TechCrunch
Tesla held its annual shareholder meeting in Austin on Tuesday, an event that Tesla has now taken to calling its Cyber Roundup. There were five proposals on the agenda, including one that pushed Tesla’s board to come up with a public succession plan for CEO Elon Musk and other “key persons” whose behavior and loss […]
Tesla shareholders meeting: no succession plan, a co-founder returns and two EVs teased by Rebecca Bellan originally published on TechCrunch