Nsave gets $4M to enable people from unstable economies open offshore accounts
Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel and FONGIT: the State
Read moreDOJ calls Apple’s privacy justifications an ‘elastic shield’ for financial gains
The U.S. Department of Justice sued Apple Thursday over monopolistic practices. The complaint accuses Apple of moulding its privacy and security practices in ways that benefits the company financially. One quote particularly jumps out where the DOJ calls Apple’s privacy and security justification an “elastic shield”: “Apple deploys privacy and
Read moreWhatsApp now lets you pin up to three messages
WhatsApp announced Thursday that users can now pin up to three messages in a chat to access them easily. Until now, users could pin only one message on top of a conversation with a contact or a group. Both Meta CEO Mark Zuckerberg and WhatsApp head Will Cathcart announced this
Read moreWorld Fund closes first €300M climate tech fund, seeking to follow on and back hardware
After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s target in 2021, but still a considerable number given a background of war and economic uncertainty. The VC originally emerged from the founders of the Ecosia independent search engine, where search
Read moreHere’s how Microsoft is providing a ‘good outcome’ for Inflection AI VCs, as Reid Hoffman promised
Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the co-founders, much of the staff and the rights to use the tech hasn’t been publicly revealed. And Microsoft declined comment when asked. But unnamed sources tell The Information
Read moreWing Venture’s Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024
Crafting the perfect venture capital pitch is so simple that there’s an industry of consultants to help founders get their decks in order. TechCrunch has a long-running series of Pitch Deck Teardowns to help founders, and you can find an infinite number of Twitter threads on the subject. Easy, right?
Read moreDOJ’s Apple antitrust case neatly aligns with EU on one key point: NFC and mobile payments
As Apple faces down the barrel of a U.S. Department of Justice’s (DOJ) antitrust lawsuit, one might assume that references to the Cupertino company’s existing anti-competitive headwinds in Europe would be peppered liberally throughout the DOJ’s complaint — just for a little extra context and moral support, if nothing else.
Read moreIntuitive Machines’ second moon mission on track for 2024
Intuitive Machines’ second moon mission is still on track to launch before the end of this year, after the company only had to make minor adjustments to the lunar lander design, executives said during an earnings call Thursday. The company made history earlier this year when it became the first
Read moreReddit stock closes up nearly 48% on its first day of trading
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the run-up to its public-market debut, eventually settling on the top-end
Read moreA new web3 network is being built right now that wants to end Big Tech’s control of your data
Many of the people building web3 feel like the traditional web ecosystem has taken advantage of users and their data. While it benefits a number of businesses, data miners and even AI models, some see it as an overreach. Some of the problems with the web that exists today, which
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