The U.S. venture capital market is the biggest in the game, but the global startup industry is so large – and distributed – now that a healthy heartbeat doesn’t mean there aren’t problems elsewhere.
US VC funding is holding up, but globally things are far from fair by Alex Wilhelm originally published on TechCrunch
As Elon Musk again nears a deal to buy Twitter, speculation is resurfacing around how the billionaire plans to transform the social network. Musk’s tweet this week offered a clue: “Buying Twitter is an accelerant to creating X, the everything app.” While Musk didn’t elaborate on what X would look like, many reckon he’s aspiring […]
Elon Musk’s X app for ‘everything’ might be a non-starter in the US by Rita Liao originally published on TechCrunch
Cloudflare recently announced a $1.25 billion funding program for startups that use its Workers software with VCs footing the bill.
Could corporates be good matchmakers for startups and VCs? by Rebecca Szkutak originally published on TechCrunch
In a world filled with bad actors and snooping governments, surveillance is the one factor that affects almost every business across the globe. While companies like Apple, Signal and LastPass fight against surveillance using end-to-end encryption and by shunning mass data collection — you can’t hand over data you don’t have — too many companies, […]
ACLU’s Jennifer Stisa Granick and Google’s Maddie Stone talk security and surveillance at Disrupt by Zack Whittaker originally published on TechCrunch
Pakistan’s central bank on Friday revoked the in-principle and pilot operations approval of Tag to operate as an electronic money institution in a move that poses existential threat to the firm. State Bank of Pakistan said in an order that it is revoking Tag’s approval to operate as an electronic money institution, the permission that […]
Pakistan revokes YC-backed Tag’s fintech services, orders to pull apps by Manish Singh originally published on TechCrunch
Huobi Global, once China’s top crypto exchange, has been retooling itself since exiting from the home market following Beijing’s crypto ban. Now the company is nearing a takeover by an investment firm. Huobi Global announced today that its controlling shareholder has completed the transaction to sell its entire stake to About Capital, a Hong Kong-based […]
China’s once-popular crypto exchange Huobi Global bought by About Capital by Rita Liao originally published on TechCrunch
Rivian informed customers Friday that it is conducting a voluntary recall of all 13,000 vehicles it has delivered so far due to a loose fastener. The fastener, which may not have been sufficiently torqued on a small percentage of vehicles, connects the front upper control arm and steering knuckle. This can cause loose and vibrating tires. […]
Rivian voluntarily recalls 13,000 EVs for a potential loose fastener by Kirsten Korosec originally published on TechCrunch
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Daily Crunch: Binance admits hackers used cross-chain bridge to steal at least $100M by Christine Hall originally published on TechCrunch