Category Technology

Genetic testing company 23andMe has been investigating a security incident after hackers advertised a trove of alleged stolen user data on a hacking forum last week. But the alleged stolen data may have been circulating for much longer than first…

Arrival just warned investors that it’s slashing its workforce yet again. The electric van maker said on Tuesday that it “took actions” on October 5 to “further reduce its operating costs.” Those actions include letting go of “up to approximately…

Adyen lost $13 billion in market cap last month when investors scrambled to sell shares after the payments company missed quarterly revenue targets. But it’s not the only one facing the music in fintech. Shares in SumUp, a privately-held European…

Weeks after upsetting developers with a proposed runtime fee, only to quickly backtrack on the idea, Unity announced today that CEO John Riccitiello was stepping down from his multiple roles as president, CEO and board chair, going from having a…

Here are the juicy details we gleaned from the first week of testimonies. Source: techcrunch.com

In this issue: Meet Castelion, news from Amazon and more. Source: techcrunch.com

Braid, a four-year-old startup that aimed to make shared wallets more mainstream among consumers, has shut down. Founded in January 2019 by Amanda Peyton and Todd Berman (who left in 2020), San Francisco-based Braid set out to offer friends and…

When I reviewed the Espresso Display last year, I concluded that it would be a great addition to a mobile office setup for workers who needed additional screen real estate without taking up too much space (and weight) in the…

You will only have one shot to impress your future financial backers — make sure you are confident and ready. Source: techcrunch.com

Rainforest raises $8.5M and PayPal gets hit with a lawsuit. We take a look at this and other hot fintech news from the previous week. Source: techcrunch.com

Fast-fashion startup Virgio, founded by former Myntra chief, is shutting down its operations less than a year after raising funds at a valuation of over $160 million, according to two investor sources familiar with the situation. “The fast fashion brand…

After some recent turbulence, it would be easy to think that Zendesk’s overall financial performance suffered as a result, but that really wasn’t the case. Source: techcrunch.com

There are many founder-focused events but are they actually helpful or just a distraction? Founders need to strike a balance. Source: techcrunch.com

Brave Software, the maker of Brave Browser and Search, confirmed that it has laid off 9% of its staff across departments. The company didn’t specify how many people were affected, but it corroborated the development and said the decision was…

[A version of this post appeared in TechCrunch’s robotics newsletter, Actuator. Subscribe here.] The last time I’d spoken with the NVIDIA at any length about robotics was also the last time we featured Claire Delaunay on stage at our Sessions…

While many startups are looking to be the next Twitter, those targeting specific communities may find a better outcome. Source: techcrunch.com

“Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall” by investigative reporter Zeke Faux has several chapters on FTX’s founder, Sam Bankman-Fried, but it’s also about crypto more broadly. Source: techcrunch.com

Hiya, folks, and welcome to Week in Review (WiR), TechCrunch’s digest of the past week in tech news. It’s TC’s column that highlights the major stories over the past few days, and — we humbly submit — it’s a darn…

Banking-as-a-service startup Synapse confirmed today that it has laid off 86 people, or about 40% of the company. The San Francisco-based company, which operates a platform enabling banks and fintech companies to easily develop financial services, has been open about…

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. As I sat down to write this week’s Startups Weekly, I do what I do every week: Read every story on TechCrunch. This week, that…