Cybersecurity firm Darktrace hit an opening valuation of £1.7 billion ($2.37 billion) with its London IPO. The firm priced its shares at 250p and saw that soar as much as 38% in the opening hour Friday. It represents a stronger early performance by a tech company in London than Deliveroo’s IPO in March. See more…
Institutions need to keep their crypto assets somewhere. And they aren’t going to keep it on some random, or consumer-grade crypto operation. This requires more sophisticated technology. Furthermore, being in the EU is going to be a key barrier to entry for many US or Asia-based operations. Thus it is that Berlin-based digital asset custody…
Spotify launches paid podcast support, Amazon announces new tablets and we unveil the agenda for TC Sessions: Mobility. This is your Daily Crunch for April 27, 2021. The big story: Spotify adds support for paid podcasts As first announced in February, Spotify is now allowing podcasters to offer subscriber-only content, published through its Anchor podcasting…
Rather than a CEO-slamming sound bite free-for-all, Tuesday’s big tech hearing on algorithms aimed for more of a listening session vibe — and in that sense it mostly succeeded. The hearing centered on testimony from the policy leads at Facebook, YouTube and Twitter rather than the chief executives of those companies for a change. The…
NEW YORK, April 27, 2021 /PRNewswire/ — The K-12 robotic toolkits market is expected to grow by USD 347.68 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the K-12 robotic toolkits market in optimistic, probable, and pessimistic forecast scenarios. Enterprises will go through the Response, Recovery, and Renew phases. Download FREE Sample Report…
Apple Mac users are being urged to update their macOS software now, as they’re at “grave risk” of hackers exploiting what’s been described as one of the worst vulnerabilities to affect the tech giant’s computers in years in years. Malware that takes advantage of the bug has been hitting Macs since at least January, making…
Apple’s latest software upgrade brings a big change, Roku accuses Google of anti-competitive behavior and Brex raises a big funding round. This is your Daily Crunch for April 26, 2021. The big story: iOS 14.5 brings privacy changes and more Apple released the latest version of its mobile operating system today, which includes the much-discussed…
What is the biggest opportunity for proptech founders? How should they think about competition, strategic investment versus top-tier VC firms and how to build their board? What about navigating regulation? We sat down last week with Brendan Wallace, co-founder and general manager of Fifth Wall, and Hippo CEO Assaf Wand for an episode of Extra…
Smaller FIs are aware of the need to develop value-added digital customer experiences, but they have to do so with smaller budgets than their competitors. The following is a preview of Insider Intelligence’s Innovation Strategies at Small and Midsize FIs Report. You can purchase this report here. Do you work in the Banking industry? Get…
(Adds Ant Group’s stake in Kakao Pay)SEOUL, April 26 (Reuters) – South Korean fintech company Kakao Pay Corp has applied for preliminary approval for an initial public offering (IPO), the Korea Exchange said on Monday.Kakao Pay Corp, a unit of South Korea’s top mobile messaging service provider Kakao Corp, provides financial services including money transfer,…