Author: TechCrunch News

Ledger, one of the largest cold storage crypto wallet providers, launched a browser extension to improve online security and connectivity for digital assets, the company exclusively told TechCrunch. “You think of Web 1.0 as usernames and passwords, Web 2.0 as log in with Facebook, Google, iCloud, Twitter, and web3 is [about] connecting to your wallet,”…

Austria’s data protection authority has found that use of Meta’s tracking technologies violated EU data protection law as personal data was transferred to the US where the information was at risk from government surveillance. The finding flows from a swathe of complaints filed by European privacy rights group noyb, back in August 2020, which also…

Last month, when transportation startup Via raised $110 million at a $3.5 billion valuation, CEO Daniel Ramot said it planned to make acquisitions to grow its transportation technology stack. Now, a piece of that strategy is falling into place: today the company is announcing its acquisition of Citymapper, the London startup that produces a popular…

TechCrunch Live records live today and tomorrow at 12:00 PDT, and you’re invited to pitch your startup. Called Pitch Practice, it should be self-explanatory. Participants have a chance to practice their pitch by presenting to another founder and investor. This week’s guests are fantastic too. You want their feedback on your pitch. Participants have two…

Dakotah Rice, the founder of investing platform Poolit, was sitting on his couch Thursday watching CNBC as he does every morning. Then, his phone started ringing — and didn’t stop. “I started getting texts and calls from my investors saying, ‘Look, you should move your money out of Silicon Valley Bank, something’s going on there,’”…

Meal delivery services can save time, and typically money, but imagine getting a Michelin-star meal delivered to your home. Enter meal delivery startup Entrée. Jon Bell and Jason Weingarten launched in Chicago last July with a Michelin-trained culinary team — led by Alex Carnovale of The French Laundry — preparing restaurant-quality meals that are packaged…

Kakao Entertainment, owned by South Korean tech giant Kakao, will shut down the Korean branch of Tapas Entertainment, the U.S.-headquartered storytelling platform, next month.  Kakao Entertainment told TechCrunch that it plans to close the Korean office as part of a restructuring effort to zero in on the company’s North American and other global units. The…

U.K. tech founders, investors, and ecosystem leaders have been giving their reactions to the news that SVB UK will be rescued by HSBC. The bank purchased the operation for a nominal £1 overnight, averting insolvency proceedings that were due to start this morning. It said that it will be “business as usual” for its customers,…

The back-up payroll plan comes as regulators offer relief to SVB depositors Global payroll provider Deel plans to provide $120 million of its own cash off its balance sheet to support startups’ payroll operations in the wake of Silicon Valley Bank shutting down. It has teamed up with Andreessen Horowitz (a16z) and Y Combinator –…

Brex CEO Henrique Dubugras is currently working to raise over a billion dollars in a weekend to help fund an emergency bridge credit line that he believes will help startup customers impacted by Silicon Valley Bank’s collapse be able to make payroll next week. Dubugras declined to comment on how much capital has been committed…