The most active global VC firm on deal terms, fatality rates, and the drawbacks of credit lines

December 17, 2022

Yesterday, we had the chance to catch up with Fabrice Grinda, a serial entrepreneur who co-founded the free classifieds site OLX — now owned by Prosus — and who has in recent years been building up his venture firm, FJ Labs. He often likens the outfit to an angel investor “at scale,” saying that like […]

The most active global VC firm on deal terms, fatality rates, and the drawbacks of credit lines by Connie Loizos originally published on TechCrunch

Cruise’s autonomous driving tech comes under scrutiny from safety regulators

December 16, 2022

U.S. safety regulators have opened a preliminary investigation into the robotaxis developed and operated by GM self-driving subsidiary Cruise. The National Highway Traffic and Safety Administration said it opened the investigation after learning of incidents when these robotaxis “may have engaged in inappropriately hard braking or became immobilized while operating on public roads.” The preliminary investigation […]

Cruise’s autonomous driving tech comes under scrutiny from safety regulators by Kirsten Korosec originally published on TechCrunch

SBF doesn’t need SPF where he’s going and other TC news

December 16, 2022

This week, I talked with Tim De Chant about his coverage of fusion energy and what feels like a rare hopeful story in renewable energy tech. And Jacquelyn Melinek walks us through Sam Bankman-Fried’s alleged crimes and confirmed arrest. Plus, as always, we go over the top stories in tech from the week Articles from […]

SBF doesn’t need SPF where he’s going and other TC news by Darrell Etherington originally published on TechCrunch

Amazon acquires film/TV rights to ‘Warhammer 40,000’ IP

December 16, 2022

Amazon announced today that it signed a deal with Games Workshop (GAW), giving it IP rights to the “Warhammer 40,000” universe, a massively popular tabletop miniature wargame. This is the first deal of its kind for Amazon, the company claims. “Warhammer 40,000” takes place in the distant future, where humanity is threatened by aliens and […]

Amazon acquires film/TV rights to ‘Warhammer 40,000’ IP by Lauren Forristal originally published on TechCrunch

Audit firm Mazars ceases proof-of-reserves work for Binance and others

December 16, 2022

Global audit firm Mazars has deleted the website that hosted proofs-of-reserves work for cryptocurrency exchanges. The company told Bloomberg that it is suspending its work with crypto companies on proofs-of-reserves reports going forward. Mazars appeared a few times in crypto news over the past few weeks because it started issuing those reports for cryptocurrency exchanges. […]

Audit firm Mazars ceases proof-of-reserves work for Binance and others by Romain Dillet originally published on TechCrunch