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What Instagram users need to know about Facebook's security breach
Sep 28, 11:34PM
Even if you never log into Facebook itself these days, the other apps and services you use might be impacted by Facebook’s latest big, bad news. In a follow-up call on Friday’s revelation that Facebook has suffered a security breach affecting at least 50 million accounts, the company clarified that Instagram users were not out […]
Facebook blocked users from posting some stories about its security breach
Sep 28, 9:31PM
Some users are reporting that they are unable to post today’s big story about a security breach affecting 50 million Facebook users. The issue appears to only affect particular stories from certain outlets, at this time one story from The Guardian and one from the Associated Press, both reputable press outlets. Facebook is preventing users from […]
Betterment keeps growing as fintech competitors rise
Sep 28, 9:08PM
Betterment, which Barron's recently declared the largest independent online financial adviser, is betting that the future of online investing includes a blend of robot and human advisers. And the plan is working, according to chief executive Jon Stein. However, incumbents like Vanguard have leveraged existing strengths to move in to the market, and other startups […]
5 takeaways on the state of AI from Disrupt SF
Sep 28, 9:06PM
The promise of artificial intelligence is immense, but the roadmap to achieving those goals still remains unclear. Onstage at TechCrunch Disrupt SF, some of AI’s leading minds shared their thoughts on current competition in the market, how to ensure algorithms don’t perpetuate racism and the future of human-machine interaction. Here are five takeaways on the […]
Everything you need to know about Facebook's data breach affecting 50M users
Sep 28, 8:48PM
Facebook is cleaning up after a major security incident exposed the account data of millions of users. What’s already been a rocky year after the Cambridge Analytica scandal, the company is scrambling to regain its users trust after another security incident exposed user data. Here’s everything you need to know so far. What happened? Facebook […]
Pulling back the curtain on how SoftBank's massive Vision Fund works — including just how big a check it can write
Sep 28, 8:38PM
Picture it. The scene is Silicon Valley. Suddenly an investment firm materializes on the scene and starts writing checks bigger than anyone is accustomed to seeing. Fellow investors start to privately complain. Its partners are poseurs, they say. The firm is driving up valuations, they continue. It’s going to ruin venture capital, they conclude. It […]
Y Combinator is changing up the way it invests
Sep 28, 8:31PM
To keep up with the growing sizes of early-stage funding rounds, Y Combinator announced this morning that it will increase the size of its investments to $150,000 for 7 percent equity starting with its winter 2019 batch. Based in Mountain View, Calif., YC funds and mentors hundreds of startups per year through its 12-week program that […]
US government loses bid to force Facebook to wiretap Messenger calls
Sep 28, 7:53PM
US government investigators have lost a case to force Facebook to wiretap calls made over its Messenger app. A joint federal and state law enforcement effort investigating the MS-13 gang had pushed a district court to hold the social networking giant in contempt of court for refusing to permit real-time listening in on voice calls. […]
Online education unicorn Udacity has quietly laid off 5% of staff — at least 25 people — since August
Sep 28, 6:59PM
Online education is a $160 billion+ industry today, but as it continues to mature, there are some inevitable ebbs and flows. In the latest development, TechCrunch has learned and confirmed that Udacity — the $1 billion startup co-founded by Sebastian Thrun that specialises in “nanodegrees” in tech subects that range from AI and coding through […]
Intel acknowledges supply issues, will prioritize premium chips
Sep 28, 6:53PM
Intel interim CEO Bob Swan issued an uncharacteristically frank letter today, highlighting the company's supply issues. The executive blames the surprising growth of an unexpectedly rebounding PC industry for the shortage. Swan says that rebound is driven by “strong demand for gaming as well as commercial systems.” It's a bit of a perfect storm here. […]
As its own reports reveal the disaster of climate inaction, Trump proposes climate inaction
Sep 28, 6:39PM
If the current presidential administration’s approach to climate change could be summarized in one sentence, it seems that sentence would be “smoke em if you got em.” By the administration’s own estimate, on its current course (if nations around the world do nothing more to respond to the climate change threat) the planet will warm […]
The 7 most eyebrow-raising details in the Elon Musk fraud complaint
Sep 28, 5:59PM
The securities fraud complaint filed by the U.S. Securities and Exchange Commission against Tesla CEO Elon Musk contains an eye-opening view into the events leading up to the “funding secured” tweet heard round the internet. And luckily, TechCrunch has read through the document and highlighted the most compelling details, including new insights from the SEC’s […]
Facebook hack could hasten regulation as Sen. Warner says Congress must "step up"
Sep 28, 5:54PM
Senator Mark Warner (D-VA) has issued a stern reprimand to Facebook over today’s revelation that 50 million users had their access token stolen by a hacker. “This is another sobering indicator that Congress needs to step up and take action to protect the privacy and security of social media users” Warner writes. As I've said […]
This is the Razer Phone 2
Sep 28, 5:52PM
Remember phone reveals? Once upon a time, companies were able to save a little for the event. These days, however, we nearly always know exactly what we're getting ourselves into. Due to be announced next month, the second iteration of Razer's gaming-centric handset is no different. Bits and pieces of the forthcoming phone have already […]
Blok.Party raises $10M, will adapt Settlers of Catan to its blockchain game console
Sep 28, 5:00PM
Blok.Party, the company that built the upcoming PlayTable game console, announced today it raised $10 million in new funding. It’s also unveiling a big content partnership, where Blok.Party will create its own version of the popular board game Settlers of Catan. I first wrote about Blok.Party and PlayTable earlier this year, when co-founder and CEO […]
Facebook says at least 50 million users affected by security breach
Sep 28, 4:55PM
Facebook has said at least 50 million user accounts may be at risk after hackers exploited a security vulnerability on the site. The company said in a blog post Friday that it discovered the bug earlier in the week. The bug is part of the site’s “View As” feature that lets a user see their […]
Chaos engineering service Gremlin raises $18M, launches new resiliency tools
Sep 28, 4:30PM
"Slack is down." It’s a headline we have had blaring at TechCrunch on numerous occasions (mostly because we actually get work done when not distracted by a constant waterfall of GIFs). But Slack is not alone — issues with uptime and reliability plague modern web services, from Alexa to WhatsApp to Apple Maps. As any […]
Spotify ends test that required family plan subscribers to share their GPS location
Sep 28, 4:10PM
Spotify has ended a test that required its family plan subscribers to verify their location, or risk losing accessing to its music streaming service. According to recent reports, the company sent out emails to its “Premium for Family” customers that asked them to confirm their locations using GPS. The idea here is that some customers […]
Last day to buy early-bird tickets for TC Sessions: AR/VR 2018
Sep 28, 3:00PM
Holy smokes, TC Sessions: AR/VR 2018 is less than a month away, and it's going to be an epic, day-long event. But listen up tech fans, the following reality is neither augmented nor virtual: our $99 early-bird ticket price — a 50 percent savings — ends today. If you want to join us in Los […]
The new Wear OS starts hitting smartwatches
Sep 28, 2:38PM
Google's in a tough spot with Wear OS. It's been four and half years since the operating system arrived as Android Wear, and while plenty of manufacturers have tried their hand at devices, the operating system has failed to make a large dent on the smartwatch category. Apple continues to dominate the space, while top […]
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