Wargraphs, a gaming startup with only one employee and no outside funding, sells for $54M

June 15, 2023

While the U.K. and U.S. try to block Microsoft’s acquisition of Activision over concerns it will kill competition in games distribution,  competition appears to be alive and well in another (smaller) area of gaming: modding and analytics. Wargraphs, a one-man-band startup behind a popular companion app for League of Legends called Porofessor, which helps players […]

Wargraphs, a gaming startup with only one employee and no outside funding, sells for $54M by Ingrid Lunden originally published on TechCrunch

Twitter is facing a $250 million lawsuit filed by major music publishers

June 15, 2023

A music publisher’s coalition that includes big names like Universal Music Corp., BMG, Warner Chapell, and Sony Music Publishing is suing Twitter for copyright infringement. The National Music Publishers’ Association (NMPA), representing 17 publishers, listed 1,700 songs for which it sent multiple copyright violation notices to the social network. The lawsuit, filed in Federal District […]

Twitter is facing a $250 million lawsuit filed by major music publishers by Ivan Mehta originally published on TechCrunch

Stellantis has invested about one-third of its 300M euro fund into 10 startups

June 15, 2023

The corporate venture arm of automaker Stellantis has invested about one-third of its 300 million euro ($324M) fund into 10 startups that cover everything from battery technology and holographic augmented reality to sustainable manufacturing and even e-bikes. Stellantis Ventures said Wednesday it also invested in an unnamed venture capital firm’s mobility fund. Stellantis didn’t disclose […]

Stellantis has invested about one-third of its 300M euro fund into 10 startups by Kirsten Korosec originally published on TechCrunch

Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment

June 15, 2023

Kenyan automotive marketplace Peach Cars is announcing its $5 million seed round led by Japan-based The University of Tokyo Edge Capital Partners (UTEC) and other angel investors, including Shintaro Yamada (founder and CEO of Mercari), Peter Kenevan (VP, Head of Japan at PayPal), and Hiroaki Ohta (general partner at Japan’s Waseda University Ventures). The startup, […]

Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment by Tage Kene-Okafor originally published on TechCrunch

Don’t rush generative AI apps to market without tackling privacy risks, says UK watchdog

June 15, 2023

The UK’s data protection watchdog has fired its most explicit warning shot yet at generative AI developers — saying it expects them to address privacy risks before bringing their products to market. In a blog post trailing remarks the Information Commissioner’s Office’s (ICO) exec director of regulatory risk, Stephen Almond, will make at a conference later […]

Don’t rush generative AI apps to market without tackling privacy risks, says UK watchdog by Natasha Lomas originally published on TechCrunch

In the clash of the EV chargers, it’s Tesla vs. everyone else

June 15, 2023
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. I love a good rivalry story. In soda it’s Coke vs. Pepsi, in baseball it’s Yankees vs. Red Sox, and in EV fast chargers it’s Tesla vs. everyone else.  Fine, that last…

European startups still have a long way to go to achieve gender parity

June 15, 2023

According to a new study from Sista and the Boston Consulting Group, women are still underrepresented in the European tech ecosystem. Only 22% of startups created in 2022 included a woman in the founding team. And when you look at women-only founding team, that number drops to 10%. That means that, yes, 78% of European […]

European startups still have a long way to go to achieve gender parity by Romain Dillet originally published on TechCrunch

Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities

June 15, 2023

Clop, the ransomware gang responsible for exploiting a critical security vulnerability in a popular corporate file transfer tool, has begun listing victims of the mass-hacks, including a number of U.S. banks and universities. The Russia-linked ransomware gang has been exploiting the security flaw in MOVEit Transfer, a tool used by corporations and enterprises to share […]

Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities by Carly Page originally published on TechCrunch

How tactile graphics can help end image poverty

June 15, 2023
In 2020, in the midst of pandemic lockdown, my husband and I bought a house in Brooklyn and decided to reimagine and rebuild the interior.  We began talking through our ideas about how to arrange each detail, from an open kitchen to bathroom fixtures, but before long we realized that imprecise language was slowing us…