Black British founders are down but not out
Black people make up 2.5% of the U.K.’s population; proper representation in venture would mean at least 2.5% of funds going to Black-led businesses. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreActivision Blizzard will pay $54 million to settle California workplace discrimination suit
California’s Civil Rights Department reached a settlement with Activision Blizzard late last week two years after the state regulator brought a lawsuit alleging gender discrimination, pay inequities and a culture of sexual harassment at the video game company. Activision Blizzard, which publishes hit games like the Call of Duty franchise
Read moreGoogle says it will pay $700M as a part of Play Store dispute settlement
Google said today it will pay $700 million — $630 million to U.S. consumers and $70 to a fund used by U.S. states — in a settlement over Play Store reached in September. In September, the company reached a tentative settlement in a class action lawsuit filed by U.S. states
Read moreWhy Gogoro picked India as its new go-to market
Gogoro co-founder and CEO Horace Luke wants to “go big” in India even as the Taiwanese company faces challenges in its home country. The potential of India, it seems, is simply to ripe to ignore and not just because it’s the world’s biggest two-wheeler market, where 15–20 million new two-wheelers
Read moreClearlake and Insight reach $4.4B deal to take software maker Alteryx private
Alteryx, an Irvine, California-based software company developing data science and analytics products, today announced that it’s agreed to be acquired by private equity firms Clearlake Capital Group and Insight Partners in a deal worth $4.4 billion. Clearlake and Insight reportedly beat out Symphony Technology Group, another private equity firm, which
Read moreMax Q: See you next year
In this issue: AstroForge reviews setbacks (and successes) during first mission; Terran Orbital CEO says company is not looking for a buyer; and news from the FCC, Terran Orbital and more. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreXfinity discloses a data breach — but doesn’t say how many users are affected
Image: Xfinity Xfinity is notifying customers of a “data security incident” it says resulted in the theft of customer information, including usernames, passwords, contact information, and more. In a notice on Monday, Xfinity says “there was unauthorized access” to its systems from October 16th to October 19th, 2023. Xfinity traces
Read moreLingrove’s carbon-negative wood alternative branches out with $10M round
These days even niche industries have concerned souls looking for more eco-friendly options for materials and processes, from washing machine waste to artificial wool. Lingrove is taking on laminates — thin layers of wood and other materials — with a carbon-negative option that they claim performs better while looking as
Read moreOpenAI buffs safety team and gives board veto power on risky AI
OpenAI is expanding its internal safety processes to fend off the threat of harmful AI. A new “safety advisory group” will sit above the technical teams and make recommendations to leadership, and the board has been granted veto power — of course, whether it will actually use it is another
Read moreAdobe has a big hole to fill after the $20B Figma deal falls through
Adobe and Figma ended their $20 billion acquisition dream this morning after regulators signaled it would continue to be rough going. Figma still gets a $1 billion consolation prize as part of the deal, and as the leader in collaborative design, the company should land on its feet just fine.
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