To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 23, 2021. It’s been an interesting week for the crypto faithful. One eye-catching piece of news came from Twitter and Square CEO Jack Dorsey,…
© Reuters. Yellen Warns of Default Risk by October Without Debt-Limit Hike (Bloomberg) — Secretary Janet Yellen said the Treasury Department will begin special steps on July 30 to avoid breaching the U.S. debt limit as a two-year suspension of the ceiling ends, urging lawmakers to act “as soon as possible” to avert a payment…
© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks as she joins White House Press Secretary Jen Psaki for the daily press briefing at the White House in Washington, U.S. May 7, 2021. REUTERS/Jonathan Ernst By Doina Chiacu WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged lawmakers on Friday to increase or suspend the nation’s…
The FBI is testing out an old but controversial spy technology for smartphones on cars. It appears to be working for the agency. getty The FBI is using a controversial technology traditionally used to locate smartphones as a car tracking surveillance tool that spies on vehicles’ on-board WiFi. Known as a Stingray or a cell-site…
A group of Democratic senators is asking for more answers after the Federal Bureau of Investigation shared details on its handling of a supplemental background investigation into Supreme Court Justice Brett Kavanaugh when he was a nominee.Jill Tyson, assistant director of the FBI, said in a letter on June 30 that the agency had received…
Dozens of people gathered Thursday night to pay tribute to Haitian President Jovenel Moïse, who was assassinated earlier this month.Mourners were given a white rose and candles as they entered the Notre Dame d’Haiti Catholic Church in Little Haiti.“Today we are on the eve of the late president of Haiti’s funeral and we take this…
TechCrunch Disrupt 2021, the world’s original and most epic conference dedicated to tech startups, takes place September 21-23. Are you ready to take full advantage of this opportunity-packed event? Start right now and buy a Disrupt pass for less than $100. But don’t wait — the early-bird prices disappear on July 30 at 11:59 pm…
VOCHI, a Belarus-based startup behind a clever computer vision-based video editing app used by online creators, has raised an additional $2.4 million in a “late-seed” round that follows the company’s initial $1.5 million round led by Ukraine-based Genesis Investments last year. The new funds follow a period of significant growth for the mobile tool, which…
© Reuters. FILE PHOTO: The headquarters of the European Central Bank (ECB) in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach//File Photo The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to help sluggish inflation in the euro zone rise back to its elusive 2% target. ECB President…
2/2 © Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks on the economy at the White House in Washington, U.S. July 19, 2021. REUTERS/Jonathan Ernst 2/2 WASHINGTON (Reuters) – The Biden administration on Thursday released $3 billion in COVID-19 rescue funds aimed at helping localities bolster their economies in the wake of the pandemic,…
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