Author: Jason

Speaker manufacturer Sonos is seeing some significant changes. Patrick Spence, the company’s chief executive officer (pictured above), is leaving the company after eight years in the job. Tom Conrad, the co-founder of Pandora and a Sonos board member, is stepping in as interim CEO starting today. Last year was complicated for the speaker manufacturer. The… Read more

Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The Toronto-based fintech likens itself to U.S.-based fintech giants Brex and Ramp but says it is different in that its sole focus is on Canadian SMBs, which CEO and co-founder Rob… Read more

The company confirmed the breach after a hacker posted millions of location data records online. © 2024 TechCrunch. All rights reserved. For personal use only. Read more

Nominet, the U.K. domain registry that maintains .co.uk domains, has experienced a cybersecurity incident that it confirmed is linked to the recent exploitation of a new Ivanti VPN vulnerability. In an email to customers, seen by TechCrunch, Nominet warned of an “ongoing security incident” under investigation. Nominet said hackers accessed its systems via “third-party VPN… Read more

Healthcare is proving to be one of the more lucrative industries for building AI solutions to speed up clinical, research and administrative operations. Now, we have one of the latest examples of how that is playing out in terms of venture funding. Qventus, a startup that builds AI-based tools to automate work across a range… Read more

Coreweave, the cloud computing company that provides companies with AI compute resources, has formally opened its first two data centers in the U.K. — its first outside its domestic U.S. market. CoreWeave opened its European headquarters in London last May, and announced plans to open two data centers as part of a £1 billion ($1.25… Read more

Decentralized social network organization Mastodon said Monday that it is planning to create a new non-profit organization in Europe and hand over ownership of entities responsible for key Mastodon ecosystem and platform components. This means one person won’t have control over the entire project. The organization is trying to differentiate itself from social networks controlled… Read more

In 2023, the U.K. made a big song and dance about the need to consider the harms of AI, giving itself a leading role in the wider conversation around AI safety. Now, it’s whistling a very different tune: today, the government announced a sweeping plan and a big bet on AI investments to develop what… Read more

Groww, India’s largest retail stockbroker, is positioning itself to file for an IPO in 10-12 months and is seeking a valuation between $6 billion to $8 billion, sources familiar with the matter told TechCrunch, in what would be a landmark listing for the country’s fintech sector. The Bengaluru-headquartered’s listing would be the first IPO by… Read more

Around the world, public healthcare systems have struggled to reset post-pandemic, and in particular, the increasingly aged populations in Western countries are putting pressure on services, not least in the UK where ‘NHS in crisis’ is a regular headline in the media. As a result, private companies, many powered with technology, see a gap in… Read more