Category: Uncategorized
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The sibling founders of Stax Payments are back with a new fintech and a $20M seed raise
Worth, a company focused on helping fintechs, banks, and enterprises underwrite small and medium-sized businesses more easily, has raised $20 million in a seed funding round, the startup tells TechCrunch exclusively. It’s a large seed round, especially these days when capital is harder to come by. But the founders’ history may have something to do… Read more
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FTC says Americans lost $12.5B to scams last year — social media, AI and crypto didn’t help
You’re not the only one getting voicemails about your car’s extended warranty. According to the U.S. Federal Trade Commission (FTC), about 2.6 million people submitted reports on falling victim to fraud in 2024, totaling $12.5 billion in losses. That’s a big jump from $2.5 billion lost in 2023, when the FTC received roughly the same… Read more
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TikTok now lets parents see their teen’s follower/following list, block access during certain hours
TikTok announced on Tuesday that it’s rolling out new features to protect teens on its app. The social network is giving parents the ability to block their teen from using TikTok during certain hours and see their teen’s following and followers lists through new Family Pairing features. TikTok is also going to encourage young users… Read more
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Trump nominates Sean Plankey as new CISA director
Plankey, if approved by the Senate, will serve as CISA’s third director. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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EU AI Act: Latest draft Code for AI model makers tiptoes towards gentler guidance for Big AI
Ahead of a May deadline to lock in guidance for providers of general purpose AI (GPAI) models on complying with provisions of the EU AI Act that apply to Big AI, a third draft of the Code of Practice was published on Tuesday. The Code has been in formulation since last year, and this draft… Read more
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Learn what VCs want to see from founders at TechCrunch Sessions: AI
It’s no secret that AI has eaten the lion’s share of funding over the past couple of years, with investments into the sector surging 62% to $110 billion in 2024 alone, while startup funding overall declined 12%. Startups may think that just adding “AI” to their company’s name might help them secure that funding. But… Read more
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Musk’s Starlink to launch in India through Airtel
Airtel has tied up with SpaceX to launch Starlink in India. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Junction, an API to link health wearables with labs, raises $18M
Medical devices, wearables — we are all familiar with them. But are they linked in any way to the healthcare system and the databases that are supposed to keep us healthy? The answer in most cases is no, they are not. Vital, which is rebranding to “Junction”, provides a single API to integrate wearables and… Read more
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General Fusion fires up its newest steampunk fusion reactor
The reactor, called Lawson Machine 26 (LM26), is General Fusion’s latest iteration in a string of devices that have tested various parts of its unique approach. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Zolve, a neobank for global citizens moving to the US, raises $51M and secures $200M debt
Zolve, a neobanking startup targeting global citizens seeking credit, has raised $251 million in a new round to expand into Canada and launch loans. © 2024 TechCrunch. All rights reserved. For personal use only. Read more