The problem with the tech debt mindset
Ryan chats with Jon Bevan, a software engineer currently building the cloud version of Scriptrunner, an Atlassian app, about the concept of tech debt. They explore how tech debt can arise from outdated technology choices, shortcuts, and the need for maintenance work. They also delve into the challenges of upgrading
Read moreTelegram’s userbase climbs to 950M, plans to launch app store
Messaging app Telegram has reached 950M active users, and it aims to cross the 1 billion mark this year, founder Pavel Durov said. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreIndia scraps ‘angel tax’ in boost for startups
India’s federal government has removed the so-called “angel tax” for all classes of investors, delivering a major victory to the country’s startup ecosystem that had lobbied for years against the measure. “To bolster the India startup ecosystem, to boost entrepreneurial spirit and support innovation, I propose abolishing angel tax for
Read moreKakao founder issued arrest warrant by Seoul court
A Seoul court issued an arrest warrant for Brian Kim, the founder of South Korean internet giant Kakao, on allegations of stock price manipulation related to the company’s takeover of K-pop agency SM Entertainment in 2023. The Seoul Southern District Court said on Tuesday that it had issued a warrant
Read moreWiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees
Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with the support of investors has opted to remain
Read moreMonarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’
Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures. The $133 million Series C funding
Read moreCrowdStrike CEO to testify about massive outage that halted flights and hospitals
Image: The Verge CrowdStrike CEO George Kurtz was called to testify before the House Homeland Security Committee over the major outage affecting Windows PCs spurred by a faulty update that brought flights, hospital procedures, and broadcasters to a halt on Friday, The Washington Post reported. “Recognizing that Americans will undoubtedly
Read moreTechCrunch Space: SpaceX’s big plans to bring the ISS back to Earth
Hello and welcome back to TechCrunch Space. Before we begin, a quick note: I write this newsletter on Friday and it gets delivered to you on Monday. So if I neglect to mention a world-historical event that happens over the weekend — like, say, the attempted assassination of a former
Read moreSolvability of linear systems over finite fields
If you have n equations in n unknowns over a finite field with q elements, how likely is it that the system of equations has a solution? The number of possible n × n matrices with entries from a field of size q is qn². The set of invertible n ×
Read more17-year-old Eric Zhu’s startup was built in a high school bathroom — now it’s raised $2.3M and is emerging from stealth
Eric Zhu started building Aviato, an analytical platform for private market data, in a very typical place for an entrepreneur: the bathroom in his Carmel, Indiana, high school. Now the 17-year-old’s startup is emerging from stealth with $2.3 million in venture funding. Aviato tracks funding rounds and headcount, similar to competitors
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