Category: Apps
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Amazon confirms employee data stolen after hacker claims MOVEit breach
Amazon has confirmed that employee data was compromised after a “security event” at a third-party vendor. In a statement given to TechCrunch on Monday, Amazon spokesperson Adam Montgomery confirmed that employee information had been involved in a data breach. “Amazon and AWS systems remain secure, and we have not experienced a security event. We were…
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Lightspeed doubles down on Wheelocity as it pivots to rural India commerce
Lightspeed has led Wheelocity’s $15 million round as the startup pivots to rural India commerce. © 2024 TechCrunch. All rights reserved. For personal use only. While India’s urban population is shifting from mom-and-pop stores to quick commerce platforms, its rural side — home to more than 800 million people — still heavily relies on offline…
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Indonesian VC firm Intudo raises $125M across two funds
Intudo, the Indonesia-only venture capital firm, said it has raised $125 million across two investment funds — $75 million for Intudo Ventures IV, and $50 million for another fund that will invest in downstream natural resources and renewable energy. Intudo said Fund IV will invest in Indonesian startups that take advantage of the country’s location,…
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X is testing a free version of AI chatbot Grok
Social network X has so far limited its AI chatbot Grok (built by Elon Musk’s other company xAI) to its premium, paying users. However, the platform is seemingly preparing to open up the chatbot to free users. Over the weekend, several app researchers and users posted about a free version of Grok being made available…
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Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital
Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right. Fernando Gadotti struggled with this as the co-founder of DogHero, LatAm’s version of Rover. When Gadotti left the company in 2022, after selling it…
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Swiggy’s public debut will test India’s appetite for $1B+ IPOs
Swiggy’s upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to be the Indian internet stock: Zomato. It will also test the nation’s appetite for IPOs that can scale past the $1 billion mark. For its IPO, Swiggy has already secured $1.4 billion from institutional investors…
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Open source projects draw equity-free funding from corporates, startups, and even VCs
A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha launched…
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These are the top apps Gen Z young adults downloaded this year
It’s clear that Gen Z has an influence on app consumption. Known as the “mobile-first generation,” they make up about 40% of all mobile users worldwide. Curious about their preferences, we recently contacted the app intelligence firm Appfigures, which provided an overview of the 50 most downloaded apps by Gen Z this year. Due to…
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a16z VC Martin Casado explains why so many AI regulations are so wrong
Attempts to regulate AI to date have focused on some mythical future instead of understanding what new risks AI actually introduces, argues VC Martin Casado. © 2024 TechCrunch. All rights reserved. For personal use only. The problem with most attempts at regulating AI so far is that lawmakers are focusing on some mythical future…
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Encore is an AI-powered search engine for your thrifting needs
Former Apple engineer Alex Ruber and former Twitter and Asana engineer Parth Chopra first met on Y Combinator’s founder match platform, then met in person at a thrift store for shopping. They later went on a thrift store shopping trip where they talked about solving problems with finding the right product in the online space.…