European neobroker Scalable Capital raises $65M on a flat $1.4B valuation
Meta finally starts rolling out default end-to-end encryption for Messenger
India’s Paytm curbing low-value personal loans spells bad news for the industry
As Bitcoin reaches the $44,000 threshold, why the surge and what’s next?
Vast Data lands $118M to grow its data storage platform for AI workloads
Elon Musk is looking to raise 1/44 of a Twitter for his AI company, xAI. In other words, the man behind Tesla, SpaceX and X is seeking $1 billion in funding for his next venture. According to an SEC filing, Musk has raised about $135 million so far from four unnamed investors, with the first…
Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today. The Information first broke the news. “Navan has recorded strong growth over the past three years despite the challenges affecting our industry,” the spokesperson wrote via email, describing the cuts…
Elon Musk is moving forward with his plans to turn the company formerly known as Twitter, now called X, into an “everything app” that includes its own payments system. The company in late November was granted three additional money transmitter licenses in the U.S. states of South Dakota (on November 27), Kansas (on November 28)…
Multi-platform messaging startup Beeper, founded by YC and Pebble alum Eric Migicovsky, delivered an iMessage experience for Android that doesn’t use any intermediaries and, as such, should be (always a big caveat here since we’re relying on the company’s word) private and secure. It has the potential to illuminate just how much lock-in value iMessage…
In 2015, as part of the wave of encrypting all the things on the internet, encouraged by the Edward Snowden revelations, Facebook announced that it would allow users to receive encrypted emails from the company. Even at the time, this was a feature for the paranoid users. By turning on the feature, all emails sent…
Supply chain and e-commerce enablement startup, Omniful, has today emerged from stealth with $5.85 million seed funding led by VentureSouq, with participation from 500 Global, DASH Ventures, Jahez Group, SEEDRA Ventures, Bunat Ventures, Hala Ventures, RZM Investments and several family offices including Al Rasheed, Siraj Holding, Al Bawardi, Al Nafea. The UAE and Kingdom of…
The U.K.’s Internet regulator has set out draft guidance for how porn sites will need to meet a newly introduced hard legal requirement to prevent children accessing adult content. So, yep, those years-in-the-making British age checks for porn sites are finally on the way. The watchdog intends this kind of bared flesh to be safety…
Online collaboration has become routine thanks to productivity apps like Google Docs and team design platform Figma, among others, but there are still hosts of internet-connected applications where users cannot interact with colleagues, add notes or otherwise collaborate with one another. That’s something a new startup called Velt wants to fix with the launch of…