Author: Jason
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EU court fines European Commission for breaching its own data privacy laws
The EU court said the bloc’s executive authority violated a citizen’s rights by transferring some of his personal data to the U.S. without proper safeguards. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Livestream shopping app Whatnot raises $265M, pinning valuation at nearly $5B
Whatnot, the platform that allows users to sell items such as trading cards, comics, and sneakers through live videos, announced on Wednesday that it has secured $265 million in a Series E funding round, a significant investment for a livestream shopping platform. This round puts Whatnot’s valuation at $4.97 billion. The investment marks an important… Read more
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SteamOS expands to other gaming handhelds with the Lenovo Legion Go S
SteamOS is slowly becoming an alternative to Windows for handheld gaming devices. After launching the Steam Deck with SteamOS, its own operating system, Valve is now partnering with third-party manufacturers so that they can release gaming handhelds with SteamOS support. On Tuesday, Lenovo unveiled the Legion Go S at CES 2025. Unlike its predecessor, the… Read more
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Casio says hackers stole personal data of 8,500 people during October ransomware attack
The Japanese electronics giant says it did not negotiate with the hackers responsible for the attack. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Siren secures strategic funding for its socks that detect diabetic foot ulcers
After studying burn victims and war veterans, entrepreneur Ran Ma hand-made a sock that contained sensors to detect foot ulcers. Now, her company, Siren, has secured $9.5 million, with an $8 million check from lead investor Mölnlycke Health Care to further the development and adoption of its diabetic foot ulcer (DFU) prevention product. It’s now… Read more
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UN aviation agency confirms hacker breached recruitment database to access thousands of records
ICAO says compromised data includes job applicants’ names, email addresses and employment history © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Microsoft backs its $3B AI push in India with public and private sector deals
Microsoft announced a sweeping series of artificial intelligence partnerships across India’s core sectors on Wednesday, a day after pledging to invest $3 billion in the country over the next two years as it intensifies competition with rivals Google and Amazon. The tech giant’s chief executive Satya Nadella (pictured above) unveiled agreements with five major organizations… Read more
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Nomupay raises $37M on a $200M valuation to build payment rails in underserved markets across Asia
Wirecard, a German fintech that raised hundreds of millions of dollars only to collapse in 2020 in a sea of scandal and insolvency, still makes headlines today as lawsuits continue against different entities and people once connected to the business. Meanwhile, a Dublin-based startup called Nomupay that was formed in 2023 out of some of… Read more
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Report: VC in emerging markets plummeted by over 40% last year
8th January at 9:30 am Dubai VC investments in emerging markets such as the Middle East and North Africa (MENA) plummeted by over 40% compared to 2023, according to a new report. The data mirrors the wider global trend of reduced VC funding in the last two years, especially for non-AI companies. The total raised… Read more
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Indian government websites are still redirecting users to scam sites
Some Indian government websites are still redirecting to links planted by scammers. © 2024 TechCrunch. All rights reserved. For personal use only. Read more