Technology

Fintech in 2022: a story of falling funding, fewer unicorns and insurtech M&A

January 19, 2023

If you thought the fourth quarter of 2022 felt slow when it came to investment activity in the fintech space, that’s because it was. In fact, the three-month period marked the lowest quarter for U.S. fintech funding since 2018, according to CB Insights’ State of Fintech 2022 report. But overall, while total fintech funding globally […]

Fintech in 2022: a story of falling funding, fewer unicorns and insurtech M&A by Mary Ann Azevedo originally published on TechCrunch

Taco Bell, KFC owner says data stolen during ransomware attack

January 19, 2023

Yum Brands, the parent company of fast food chains KFC, Pizza Hut and Taco Bell, has confirmed that company data was stolen in a ransomware attack. TechCrunch first learned of an apparent incident affecting Yum Brands earlier this week, which the Kentucky-based company confirmed in a statement on Thursday. Yum Brands said a ransomware attack impacted […]

Taco Bell, KFC owner says data stolen during ransomware attack by Carly Page originally published on TechCrunch

Private investment in space dropped 58% last year, even with SpaceX, Anduril monster raises

January 19, 2023

Private investment in the space economy dropped by 58% in 2022 compared to the year prior, with macroeconomic headwinds battering private and public markets, according to a new analysis from New York-based Space Capital. But while 2023 is shaping up to be another hard year for startups, Space Capital’s report maintains that the external pressures […]

Private investment in space dropped 58% last year, even with SpaceX, Anduril monster raises by Aria Alamalhodaei originally published on TechCrunch

Scenario lands $6M for its AI platform that generates game art assets

January 19, 2023

Depending on who you ask, generative AI is either massively overhyped or undervalued. Defined as algorithm-driven tech that creates text, art and other forms of media given a prompt, it’s captured the attention of major VC backers who’ve piled hundreds of millions of dollars into firms like Jasper and Stability AI. But generative AI has […]

Scenario lands $6M for its AI platform that generates game art assets by Kyle Wiggers originally published on TechCrunch

The Download: where gene editing goes next

January 19, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Gene editing for the masses is coming We know the basics of healthy living by now. A balanced diet, regular exercise, and stress reduction can help us avoid heart disease—the world’s biggest killer.…

India’s top court rejects Google plea to block Android antitrust ruling

January 19, 2023

Google has been dealt a significant blow in one of its key overseas markets. India’s Supreme Court on Thursday declined to block an antitrust order that requires the Android-maker to make a series of changes that could topple its financial viability. India’s apex court rejected to block the ruling against Google by the nation’s antitrust […]

India’s top court rejects Google plea to block Android antitrust ruling by Manish Singh originally published on TechCrunch

Finding a new life for old batteries

January 19, 2023
When strangers find out that I’m a climate technology reporter, they often have a lot of questions for me, or concerns to share. Some have heard that birds fly into wind turbines. Or that too many charging EVs will cause power outages. Some of these questions are overblown, but sometimes, in one of these questions,…

Outrider raises $73M to brings its autonomous electric yard trucks into the mainstream

January 19, 2023

Autonomous vehicle technology may no longer be the fuel powering the hype machine. But companies applying the technology to agriculture, commercial and logistics applications are still attracting venture capital. Take Outrider, a Golden, Colorado startup developing autonomous electric yard trucks, for example. Distribution yards are the nerve center of the supply chain. Its where all […]

Outrider raises $73M to brings its autonomous electric yard trucks into the mainstream by Kirsten Korosec originally published on TechCrunch

Next up for CRISPR: Gene editing for the masses?

January 19, 2023
CRISPR for high cholesterol is one of MIT Technology Review’s 10 Breakthrough Technologies of 2023. Explore the rest of the list here. We know the basics of healthy living by now. A balanced diet, regular exercise, and stress reduction can help us avoid heart disease—the world’s biggest killer. But what if you could take a vaccine,…