Category: Enterprise
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PayZen secures $32M Series B, $200M debt facility to grow its “care now, pay later” product
PayZen aims to make healthcare more affordable by enabling patients to pay their bills in interest and fee-free instalments over time. © 2024 TechCrunch. All rights reserved. For personal use only. The cost of healthcare in the U.S. has been rising rapidly, but the portion of those costs footed by patients has increased even…
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Sage Geosystems wants to solve the data center energy crisis by storing pressurized water deep underground
The startup is proposing to use wells stretching thousands of feet as batteries, storing water under pressure to generate electricity later. © 2024 TechCrunch. All rights reserved. For personal use only. Cindy Taff was standing out in the flat expanse of Starr County, Texas, in early 2022 when she felt it. “It was literally…
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The biggest data breaches in 2024: 1 billion stolen records and rising
Some of the largest, most damaging breaches of 2024 already account for over a billion stolen records. Plus, some special shout-outs. © 2024 TechCrunch. All rights reserved. For personal use only. We’re over halfway through 2024, and already this year we have seen some of the biggest, most damaging data breaches in recent history.…
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FBI takes down ransomware gang that hacked dozens of companies
The FBI’s takedown of the Radar/Dispossessor ransomware and extortion gang is a rare win in the fight against ransomware. © 2024 TechCrunch. All rights reserved. For personal use only. FBI’s seizure notice of the Radar/Dispossessor ransomware and extortion gang. Image Credits: FBI The FBI said Monday it seized the servers of a ransomware and extortion…
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SEC charges crypto firm NovaTech with fraud
The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the Haitian-American community. The SEC frames NovaTech, founded in 2019 by husband-and-wife duo Cynthia and Eddy Petion, as a multi-level marketing (MLM) scheme — one that lured investors…
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TechCrunch Space: It’s a bird, it’s a plane — it’s a rocket-powered aircraft!
Dawn Aerospace Mk-II is essentially “an aircraft with the performance of a rocket, not a rocket with wings.” © 2024 TechCrunch. All rights reserved. For personal use only. Hello, and welcome back to TechCrunch Space. I hope everyone had a fantastic weekend. On to the news. Want to reach out with a tip? Email…
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a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash
Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier Monday, founder and CEO Jason Brown said the “sad and difficult” decision to close down Tally was not the outcome the company had “hoped for,”…
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Artists’ lawsuit against generative AI makers can go forward, judge says
A class action lawsuit filed by artists who allege that Stability, Runway and DeviantArt illegally trained their AIs on copyrighted works can move forward, but only in part, the presiding judge decided on Monday. In a mixed ruling, several of the plaintiffs’ claims were dismissed while others survived, meaning the suit could end up at…
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Crewed commercial SpaceX mission will traverse the poles like the explorers of old
Fram2 would launch into a polar orbit from Florida in late 2024, after which it will stay up at 425-450 kilometers of altitude for three to five days. © 2024 TechCrunch. All rights reserved. For personal use only. A new commercial space mission will take off as early as this winter to observe the…
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Score, the dating app for people with good to excellent credit, quietly shuts down
It racked up around 18,000 users, made 8,000 matches, and gathered a lot of insights on the current dating scene. © 2024 TechCrunch. All rights reserved. For personal use only. Score, the dating app for people with good to excellent credit, shut down in early August, the company confirmed to TechCrunch. Score was only…