Author: TechBrunch
Global investment in fintech startups is beginning to see an increase. According to KPMG, KPMG issued a pulse of its Fintech report this week in late 2024. Certainly, this is not the enthusiasm of the past years, especially the wild day in 2021. But judging from our inbox, there's no shortage of venture capitalists still making big bets on the space. Below is a list of a few VCs who remain bullish on Fintech. About VC: Infinity Ventures is an early-stage venture three years ago dedicated to investing in fintech startups, founded worldwide by Jeremy Jonker, Jay Ganatra and Mario…
Humane's AI PIN, which has promised to replace smartphones with sophisticated wearable devices, is officially dead. After a rocky launch, negative reviews and return to sales, the startup has been shut down and its assets are selling to HP for $116 million. But what's next for Humane's Tech and the broader category of AI-powered wearables? Today, TechCrunch's equity podcast is hosted by Kirsten Korosec, Max Zeff and Anthony HA. HP is ahead of its time, as AI PIN has become clear, including what HP does with Human resources and talent and how Max says it. Listen and listen to the…
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On Friday, Apple confirmed it is “no longer able to” include security features that allow UK users to encrypt iCloud data. In a statement provided to TechCrunch, Apple spokesperson Fred Sainz said the company's advanced data protection capabilities will no longer be available to new users, and current UK users say “The security features will ultimately be the last one.” “It must be disabled.” “Given the continued rise in data breaches and other threats to customer privacy, we are seriously disappointed that the protections offered by ADP are not available to customers in the UK,” the company said. “Enhanced security…
A large group of chat logs, allegedly belonging to the Black Bustaro Ransomware group, have been leaked online, revealing key members of the prolific gangster associated with Russia. From September 18, 2023 to September 28, 2024 to September 28, 2024, chat logs containing over 200,000 messages were shared with leaker threat intelligence company Prodaft. The leak is said to have failed to provide victims with functional decryption tools despite some members paying for ransom demand, and the leak is “all about the Black Busta Group” It says that it will come in the midst of an internal conflict. It is…
From ideas to IPOs – Where are you on your startup journey? Are you a pre-seed founder looking for your next VC investment? A late stage startup preparing to publish? Are you still in the idea stage and looking for insights to bring your vision back to life? Or are you a VC trying to support the next groundbreaking innovation? If either of them sounds like you, or if you're between stages and ready to level up – where all stages 2025 (previous early stages) should be. Join 1,200 founders, exchange ideas, meet the right VCs and drive the next…
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YouTube is approaching the launch of a new, low-cost “Premium Light” version of its subscription service, Bloomberg reports. The newer tier is set to be released “soon” in the US, Australia, Germany and Thailand. The tier, Bloomberg notes, allows users to clip clips without ads from YouTube's podcast library. Premium Light is primarily aimed at viewers who want to watch videos other than music videos. It is unclear how much the layers will cost. The premium light group has been tested in some overseas markets, but YouTube is preparing to officially roll out. YouTube Premium costs $13.99 per month in…
Despite still a tight venture capital market, new unicorns are still being created each month. Using data from CrunchBase and Pitchbook, TechCrunch has tracked the newly-built unicorns so far this year (as of the end of January). These include medical companies such as Hippocratic AI and satellite space companies such as Loft Orbital. This list is updated throughout the year, so check out the Powerhouses you're growing this year! January Kikoff – $1 Billion: According to Pitchbook, the personal finance platform last raised a private amount valued at $1 billion. Founded in 2019, the company has raised $42.5 million so…
According to a statement provided to TechCrunch, the CEO of Clearview AI, a controversial face recognition startup that slashed out the Internet to create a searchable database of 30 billion photos, has stepped down. CEO Hoan Ton-That said, “It's time for the next chapter in my life,” and he will remain as a board member of ClearView AI. He declined to comment when asked for details of what specifically caused his resignation. This news was first reported by Forbes. ClearView AI has two “co-CEOs”: early investors Hal Lambert and co-founder Richard Schwartz, who want to take advantage of new “opportunities”…