7 VCs explain why the creator economy still has legs
The White House is briefing TikTokers about the war in Ukraine. A Twitch streamer’s PS5 giveaway sparks a bonafide riot. A 25-year-old YouTuber from North Carolina is one of Time Magazine’s 100 most influential people in the world. If you underestimate the power of internet personalities, you’re not paying attention.
Read moreSEC to appeal XRP, PayPal launches stablecoin, and Microsoft partners with Aptos
Welcome back to Chain Reaction. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. This week was a busy one for crypto (per usual) with the SEC, PayPal, Coinbase and Microsoft leading the headlines. Let’s
Read moreVeeam Partners with East African Distributors to Expand Data Solutions
Axiz, a leading technology distributor in Africa, announced that it has been awarded the East Africa distribution rights for Veeam, a prominent data management solutions provider. This is a significant milestone in Axiz’s commitment to Africa, which has been an integral part of its growth strategy. The company based in South Africa,
Read moreInstagram’s code reveals a ‘Meta Verified’ feed filter, but company denies active test
It looks like Instagram may have considered copying another Twitter feature by elevating Verified users to a more prominent spot in the Instagram app, according to a new discovery in the app’s code. According to reverse engineer Alessandro Paluzzi, both the iOS and Android Instagram apps are now showing a
Read moreSkydio closing consumer drone business
Skydio today announced that it will be shutting down its consumer drone business. Beginning today, the firm will no longer be selling its Skydio 2+ Starter, Sports, Cinema or Pro kits, although it will continue to offer the Skydio 2+ Enterprise Kit to business customers. Skydio also promises to continue
Read moreLyft takes a page from Uber’s playbook: Ads
Ride-hailing giant Lyft will start displaying ads in-app, as well as via in-car tablets, rooftops and bikeshare stations. “Lyft has a captive audience throughout their entire ride journey – waiting for their car, matching with their driver, and in ride – and brands can now reach riders in relevant and
Read moreBlack Hat: Tenable to add AI query module to its Exposure Management platform; DARPA AI Cyber Challenge announced
Tenable has become the latest cybersecurity company to add a generative AI module to its products. At this week’s Black Hat conference in Las Vegas, the company announced the launch of ExposureAI, a chatbot within its Tenable One Exposure Management Platform. The data repository of ExposureAI is held in a
Read moreData visualization startup Virtualitics lands $37M investment
Many companies grapple with data challenges. In a 2019 survey, Deloitte reports that 67% of executives aren’t comfortable accessing or using the data at their organizations. In a separate poll from NewVantage Partners, meanwhile, less than a third of firms identify themselves as being data-driven — despite significant investments in
Read moreSolution to hardware flaw in Intel CPUs may cause large performance hit
A hardware flaw in Intel Core and Xeon CPUs lets attackers steal data from other users on the same system, including on servers that use Intel’s SGX memory protections, according to a Google researcher. According to SC Magazine, Daniel Moghimi told the Black Hat 2023 security conference this week that
Read moreTracer nabs $18.1 to aggregate and normalize business data
Tracer, a platform that attempts to consolidate an organization’s data sources and enrich them with business insights, today announced that it raised $18.1 million in a Series A funding round co-led by NewRoad Capital Partners, Progress Ventures, and BDMI with participation from S4S Ventures and Arbour Way Investors. CEO Jeff
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