Technology

PeopleGrove confirmed Thursday that it’s investigating after a security lapse exposed users’ personal information online. The company, formerly CampusKudos, which provides and hosts a social platform for higher education institutions and alumni networks, left the server hosting an internal database exposed to the internet without a password, allowing anyone to access the data using only […]

PeopleGrove security lapse exposed users’ personal information by Zack Whittaker originally published on TechCrunch

Prosus is actively engaging with multiple players to explore sale of classified business Olx’s Autos unit in several markets including India and Indonesia, according to a source familiar with the matter. In a statement, the technology investor said pursuit of a global growth strategy for Olx’s automotive business “is no longer the right approach for […]

Prosus in talks to sell Olx Autos business in India, other markets by Manish Singh originally published on TechCrunch

Forgive the scattered nature of this week’s Actuator. No big, overarching monologs this week — just a handful of things I’ve been thinking about lately that I’d like to get down on paper. I suppose that’s one of the perks of doing a weekly newsletter— it forces you to flesh out some bigger ideas. Point […]

Mistakes were made (and that’s fine) by Brian Heater originally published on TechCrunch

ChatGPT, OpenAI’s viral, AI-powered chatbot tech, is now available in a more enterprise-friendly package. Microsoft today announced that ChatGPT is generally available through the Azure OpenAI Service, the company’s fully managed, corporate-focused offering designed to give businesses access to OpenAI’s technologies with added governance and compliance features. Customers, who must already be “Microsoft managed customers […]

ChatGPT comes to Microsoft’s enterprise-focused, Azure-powered managed service by Kyle Wiggers originally published on TechCrunch

Startups are facing a moment of reckoning in the current economic climate, and today one of the more promising in the world of fintech has cracked under the pressure. Railsr, the London, UK embedded finance startup formerly known as Railsbank and once worth nearly $1 billion, announced today that it has been acquired by a […]

Railsr, the UK embedded fintech once valued at nearly $1B, goes into bankruptcy protection under new consortium owner by Ingrid Lunden originally published on TechCrunch

Silicon Valle Bank expected that with fewer dollars flowing into their coffers, US startups would cut their burn rates. That hasn’t really happened.

It turns out burn reduction at startups is more aspiration than reality by Alex Wilhelm originally published on TechCrunch