Tech layoffs are back with a vengeance
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. For my column this week, I told the story of how an ex-colleague was impersonated by an AI-powered spambot and almost tricked me. It a nutshell: AI is often used for good, but it is
Read moreCCleaner says hackers stole users’ personal data during MOVEit mass-hack
The maker of the popular optimization app CCleaner has confirmed hackers stole a trove of personal information about its paid customers following a data breach in May. In an email sent to customers, Gen Digital, the multinational software company that owns CCleaner, Avast, NortonLifeLock and Avira brands, said that the
Read moreTC+ Roundup: How to successfully buy another company
Good morning, and welcome to the end of another week! In an overall quiet year, the last few months have been pretty spicy when it comes to M&A activity: Atlassian bought Loom; Cisco bought Splunk; and Microsoft finally closed on its bid to buy Activision. Full TechCrunch+ articles are only
Read moreSam Bankman-Fried says he didn’t defraud FTX customers or take their funds
“I made a number of small mistakes,” Bankman-Fried said Friday. The main one being not having a risk management team at FTX. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreBig Tech’s massive ad businesses are getting a boost from AI
As the American economy posts impressive growth, we take a look at how much money Big Tech companies raked in from advertising in Q3. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreElon Musk’s Twitter a year later: Everything you need to know
Welcome to Elon Musk’s Twitter (now X), where the rules are made up and the check marks don’t matter. The Tesla and SpaceX CEO announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech; now, it’s the one-year
Read moreCapturing spread is a powerful but less understood business model available for some startups
The product needs to be great, but without sales, the business doesn't generate those nosebleed valuations. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreApple fixes bug that undermined iOS privacy feature for years
Apple has fixed a years-old vulnerability in its iPhone and iPad software that undermined a privacy feature since it first debuted. Back in 2020, Apple announced a new feature in iOS 14 that would prevent nearby wireless routers and access points from gathering an Apple device’s unique MAC address. Tracking
Read moreX to take on newswire services with new product, XWire
As Instagram Threads is leaning away from news, according to statements made by Instagram head Adam Mosseri, its competitor X appears to be doubling down. Executives at the company formerly known as Twitter, spoke during yesterday’s all-hands internal meeting of their desire to create a new wire service called XWire,
Read moreInternet access in Gaza is collapsing as ISPs fall offline
As the conflict between Israel and Hamas reaches its third week, internet connectivity in Gaza is getting worse. On Thursday, internet monitoring firm NetBlocks wrote on X, formerly Twitter, that the Palestinian internet service provider NetStream “has collapsed days after the operator notified subscribers that service would end due to
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