Tag Archives: TechCrunch

US confirms federal agencies hit by MOVEit breach, as hackers list more victims

The U.S. government has confirmed that multiple federal agencies have fallen victim to cyberattacks exploiting a security vulnerability in a popular file transfer tool. In a statement shared with TechCrunch, CISA confirmed that “several” U.S. government agencies have experienced intrusions … Continue reading

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Smaller VCs are having an impact on diverse investors and founders

Smaller funds, those that have $50 million or less in assets under management, are helping to usher in a new wave of diversity within venture capital. And the reasons for this are simple. The latest crop of investors stems from … Continue reading

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Feds catch another LockBit hacker, Justice Department announces

The Justice Department has arrested and charged a Russian national for his alleged role in multiple LockBit ransomware attacks against victims in the U.S. and around the world. According to a criminal complaint unsealed on Thursday, 20-year-old Ruslan Magomedovich Astamirov … Continue reading

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Amazon’s $1.7B iRobot acquisition greenlighted by UK antitrust regulator

The U.K.’s antitrust regulator has given the go-ahead to Amazon’s proposed billion-dollar iRobot acquisition, concluding that the deal “would not lead to competition concerns in the U.K.” Amazon first revealed plans to buy robot vacuum maker iRobot for $1.7 billion … Continue reading

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Reddit CEO lashes out on protests, moderators and third-party apps

Reddit CEO Steve Huffman is not backing down amid protests against API changes made by the platform. In interviews with The Verge, NBCNews, and NPR, Huffman defended business decisions made by the company to charge third-party apps saying API wasn’t … Continue reading

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Bill Gates meets with President Xi Jinping in Beijing

Hot on the heels of Elon Musk’s visit to China earlier this month, the country welcomed another American tech billionaire. Bill Gates, co-founder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, met President Xi Jinping on Friday … Continue reading

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Socar’s ride-hailing platform Tada adds to growing list of tech layoffs 

Seoul-based ride-hailing platform Tada, operated by Korean ride-sharing company Socar’s subsidiary VCNC, plans to let go of a portion of the company’s employees as part of a restructuring as it works to reduce costs, the company confirmed to TechCrunch.  Tada … Continue reading

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LockBit claims ransomware attack on pharma giant Granules India

The Russia-linked ransomware group LockBit has claimed responsibility for a cyberattack on Indian pharmaceutical giant Granules India, and published portions of the data it allegedly stole. LockBit’s dark web leak site listed Granules India as one of its latest victims … Continue reading

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Lyft co-founder Logan Green retains board seat despite shareholder opposition

Logan Green, the co-founder and former CEO of ride-hailing platform Lyft, will remain on the company’s board despite opposition from some shareholders, according to preliminary results from the company’s annual shareholder meeting Thursday. The SOC Investment Group, and organization that … Continue reading

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Virgin Galactic starts commercial spaceflights in two weeks

After years of tests, space tourism line Virgin Galactic is finally beginning commercial spaceflight services at the end of the month, the company announced today. After these initial flights, they will move to monthly ones and start working through the … Continue reading

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