Digital fraud detection startup BioCatch hits $1.3B valuation as Permira buys majority stake
Digital fraud detection company BioCatch has a new majority shareholder in the form of U.K private equity firm Permira. © 2024 TechCrunch. All rights reserved. For personal use only.
Read more5 Top JSE listed African Telcos and their CEOs Earnings
Prosus N.V: is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. Naspers: is a global internet group and one of the
Read moreButcherBox acquires ‘Shark Tank’-featured startup Truffle Shuffle
Butcherbox is known for grinding its way forward, bootstrapping to more than $600,000 worth of revenue. The company hasn’t traditionally been on the M&A path, but it today announced it is acquiring Truffle Shuffle – who you may remember from a Shark Tank episode back in 2021 (or, perhaps, The
Read moreUnlocking the Potential of Digital Finance in Africa
The Digital Finance Africa 2024 event, hosted by IT News Africa, will take place on the 4th of July in the vibrant city of Sandton, Johannesburg. This pivotal conference, led by a community of like-minded professionals dedicated to advancing Africa’s financial industry, stands at the heart of the transformative leap
Read moreFreshworks acquires Device42 for $230M, appoints Dennis Woodside new CEO
Freshworks, the publicly listed SaaS firm, is acquiring U.S.-based startup Device42 for $230 million, the company disclosed in an SEC filing. Alongside the acquisition disclosure, Freshworks revealed that founder Girish Mathrubootham has stepped down as CEO. Dennis Woodside, who joined Freshworks as president in September 2022 and previously served as
Read moreTikTok gets Tay and Billie back with new UMG content licensing deal
Users on TikTok can once again create music clips using tracks from UMG’s catalog, a list featuring some of the biggest names in music today: Taylor Swift, Billie Eilish, and Ariana Grande. That’s because, after months of fighting, the social media platform and Universal Music Group (UMG) have finally called
Read moreHaun Ventures is riding the bitcoin high
Haun Ventures has made 48 investments, including some of its token positions, across its early-stage $500 million and $1 billion later-stage acceleration funds. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreSnapchat launches new AR and ML tools for brands and advertisers
At the 2024 IAB NewFronts event on Wednesday, Snapchat announced a series of new augmented reality (AR) and machine learning (ML) tools designed to help brands and advertisers reach users on the social network with interactive experiences. The company said that it’s been investing in ML and automation to make
Read moreUnitedHealth CEO admits it paid $22 million ransom to BlackCat
Photo by Amelia Holowaty Krales / The Verge Health insurance provider UnitedHealth paid a multimillion-dollar ransom to hackers who broke into one of its subsidiaries, disrupting healthcare providers across the country for months, CEO Andrew Witty confirmed on Wednesday. In a hearing before the Senate Committee on Finance, Witty said
Read moreFrom Connie Chan to Ethan Kurzweil venture capitalists continue to play musical chairs
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields,
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