Author: TechCrunch News

Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the day Friday…

Sam Altman dismissed what he called a “conspiracy theory” from a16z co-founder Marc Andreessen. © 2024 TechCrunch. All rights reserved. For personal use only…

LockBit is believed tobe responsible for at least $500 million in ransom payments alone. © 2024 TechCrunch. All rights reserved. For personal use only…

On the first day of Y Combinator the founders of PearAI got “cancelled.” They used the hate to launch a new product, raise $1 million. © 2024 TechCrunch. All rights reserved. For personal use only…

What happens when a chemical engineer, who’s previously built a hydrogen-powered drone, becomes a venture capitalist? Energy Revolution Ventures, that’s what. The VC has now closed an $18 million Seed and Series A fund to invest in deeptech, such as energy storage, carbon capture, and, yes…

Cybersecurity experts, who work with human rights defenders and journalists, agree that Apple is doing the right thing by sending notifications to victims of mercenary spyware — and at the same time refusing to forensically analyze the devices. © 2024 TechCrunch. All rights reserved. For personal use only…

McDonald’s India exposed the personal information of customers and drivers due to security flaws impacting its APIs. © 2024 TechCrunch. All rights reserved. For personal use only…

The European Commission has published draft proposals for how Apple must meet interoperability requirements flowing from the bloc’s Digital Markets Act (DMA), inviting feedback on proposed measures targeted at areas like iOS notifications, data transfer, and device set-up by January 9, 2025. European Union regulators have until around mid-March to adopt final decisions on what…

File transfer service WeTransfer is now limiting users to 10 transfers per month with its free plan. The company is already applying the new limit to users, as per a support page. At the same time, WeTransfer is adding some perks to the free plan, including increasing the overall file transfer limit from 2GB to…

Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were quick to ask what this means for the company’s highly anticipated IPO. During an event in San Francisco on Tuesday night, Databricks CEO Ali Ghodsi explained why he’s waiting until at least 2025…