Technology

A lot of fintechs “have to fix their business models,” say VCs who invest in fintechs

January 19, 2023

In recent years, working for, or banking with, a traditional financial institution was decidedly uncool. Far cooler was working for or banking with one of the many fintech startups that seemed to thumb their nose at stodgy bank brands. Then the Federal Reserve hiked interest rates, stocks tanked, and a lot of fintech outfits that […]

A lot of fintechs “have to fix their business models,” say VCs who invest in fintechs by Connie Loizos originally published on TechCrunch

Analysts cut 2023 techs spending predictions as consumers hold back

January 18, 2023

Predicting spending is a tricky business, especially in a period of economic uncertainty. Perhaps that’s why both IDC and Gartner have cut their fall predictions in the new year with Gartner now predicting modest 2.2% growth for 2023 with IDC a bit more optimistic at 4.4%. In the fall, Gartner was predicting a far more […]

Analysts cut 2023 techs spending predictions as consumers hold back by Ron Miller originally published on TechCrunch

Wastewater recycler Membrion makes light work of removing heavy metals

January 18, 2023

PureTerra, a venture firm that aims to fund “disruptive water technologies,” is pumping millions into Membrion so the Seattle startup can mass-produce its wastewater treatment tech. Membrion claims its ceramic membranes can filter out problematic heavy metals (not the genre, but toxic stuff like lead, arsenic and lithium) for around a twelfth of the cost of […]

Wastewater recycler Membrion makes light work of removing heavy metals by Harri Weber originally published on TechCrunch

Lidar companies face a ‘make it or break it’ year

January 18, 2023

That nagging deja vu feeling kept creeping in earlier this month during CES 2023 in Las Vegas. At every turn, in the newly constructed West Hall at the Las Vegas Convention Center, and even amid the crowded startup grinder at Eureka Park, was a company pitching lidar sensor technology. That might not have been so […]

Lidar companies face a ‘make it or break it’ year by Kirsten Korosec originally published on TechCrunch

Decodable wants to take real-time stream processing mainstream

January 18, 2023

Decodable, the well-funded real-time data engineering and stream processing platform based, in part, on the Apache Flink open-source project, is launching a major update today that aims to make the service more attractive to large enterprises. In addition to expanding its library of connectors to enable data ingestion from more sources and a new enterprise […]

Decodable wants to take real-time stream processing mainstream by Frederic Lardinois originally published on TechCrunch

Bitwarden acquires Passwordless.dev to help companies authenticate users without passwords

January 18, 2023

Open source password management platform Bitwarden has made its first known acquisition, snapping up a fledgling Sweden-based startup called Passwordless.dev, which specializes in helping developers integrate passwordless authentication technology into their software. The news comes shortly after 1Password and LastPass rival Bitwarden announced its first outside funding since its inception in 2015, securing $100 million […]

Bitwarden acquires Passwordless.dev to help companies authenticate users without passwords by Paul Sawers originally published on TechCrunch

TikTok rolls out its ‘state-controlled media’ label to 40 more countries

January 18, 2023

TikTok today announced it’s expanding its “state-controlled media” label to over 40 more global markets, to alert users when videos they’re seeing on the app are being published by entities whose “editorial output or decision-making process” is subject to influence by a government, the company said on Wednesday. The pilot initially began last year after […]

TikTok rolls out its ‘state-controlled media’ label to 40 more countries by Sarah Perez originally published on TechCrunch

Sophos to lay off 450 employees globally

January 18, 2023

Sophos is laying off about 10% of its global workforce, TechCrunch has learned. Sophos confirmed the layoffs in an email to TechCrunch. “Sophos today announced an internal restructuring which has resulted in job losses and the start of consultation periods that potentially will affect 10% of our global employee base,” said Jitendra Bulani, a spokesperson […]

Sophos to lay off 450 employees globally by Jagmeet Singh originally published on TechCrunch