Author: TechBrunch

Krafton, the South Korean gaming company behind hit titles such as PUBG and Battlegrounds Mobile India (BGMI), has launched an India-focused growth investment fund to strengthen its reach into the world's largest internet user base. The investment vehicle, called the Unicorn Growth Fund, is a collaboration between Crafton, South Korean internet conglomerate Naver, and investor Mirae Asset. Crafton confirmed to TechCrunch that the company aims to deploy up to 60 billion pounds (about $669.3 million) over four years. The fund, managed by Mirae Asset Venture India, was launched in January and is expected to begin operations with an initial size…

Every year, TechCrunch looks back at the cybersecurity horror shows of the past 12 months, from the biggest data breaches to hacks that left weeks of chaos, to see what we can learn. This year's data breaches were unlike anything we've seen before. Let's take a look back at some of the biggest security incidents of 2025. First of all: The US government remained one of the top targets in cyberspace. This year began with a brazen cyber attack on the U.S. Treasury by Chinese hackers, followed by a security flaw in SharePoint that compromised several federal agencies, including the…

DXS International, a UK-based company that provides healthcare technology to the UK National Health Service (NHS), disclosed the cyberattack in a statement on Thursday. In a filing to the London Stock Exchange, the company said it had experienced a “security incident impacting its office servers” that was discovered on December 14. The company said it was working with the NHS to “immediately” stop the breach and had hired a cybersecurity firm to investigate “the nature and scope of the incident”. “The impact on the company's services has been minimal, and the company's front-line clinical services continue to operate unaffected,” the…

In an industry where most people reinvent themselves before they've finished their breakfast scones, TechCrunch's StrictlyVC event series has become something of a rarity: a classic. This evening provides an opportunity to step back from the cycle of vague headlines and hype and sit down with the people who are actually driving change and understand what's really going on behind the scenes. These are designed from the beginning as cocktail parties with killer content. We always want it to be an intimate gathering where conversation flows freely and speakers can let their guard down in a way that large, formal…

Cisco announced Wednesday that hackers have exploited critical vulnerabilities in some of its most popular products, allowing them to take complete control of affected devices. What's worse, there are no patches available at this time. Cisco said in a security advisory that it discovered a hacking campaign on December 10 that targeted Cisco AsyncOS software, specifically the physical and virtual appliances Cisco Secure Email Gateway, Cisco Secure Email, and Web Manager. The advisory says affected devices have a feature called “Spam Quarantine” enabled and can be accessed from the internet. Cisco pointed out that this feature is not enabled by…

The hacker group Scattered Lapsus$ Hunters, which includes members of the gang known as the ShinyHunters, claims to have stolen the personal information of premium members of porn site Pornhub and is attempting to extort the site. On Friday, Pornhub acknowledged that it was among several companies affected by a previous breach at widely used web and mobile analytics provider Mixpanel that exposed unspecified “analytics events” for some Pornhub Premium users. On Monday, Bleeping Computer reported that it had seen a sample of stolen Pornhub data. This included personal information related to PornHub Premium members, such as registered email addresses…

The red-hot startup movement in Scandinavia continues. On Tuesday, Neil Murray, founder and general partner of Copenhagen-based firm The Nordic Web Ventures, announced the closing of a $6 million Fund III to continue investing in early-stage founders in the region. The fund will focus on writing first institutional checks to companies focused on robotics, AI-native companies, and deep tech founders. Murray, who is a solo practitioner, told TechCrunch that the first two funds were “test vehicles” to demonstrate the region's ability to identify and invest in top talent. Now, seven years later, he's written the first checks to more than…

After the 2021 bubble surge in VC investment failed to yield significant returns from many venture firms, limited partners such as endowments, pension plans, and sovereign wealth funds began funneling the bulk of their capital into a select group of established companies with proven track records. The latest big chunk of capital has flowed into Lightspeed Venture Partners. The 25-year-old venture company announced Monday that it has raised $9 billion in new funding, its largest funding in its history. At a time when few companies have successfully IPOed, Lightspeed was an early investor in Rubrik, Netskope, and Navan, all of…

The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re tracking layoffs in the tech industry in 2025 so you can see the trajectory of the cutbacks and understand the impact on innovation across all types of companies. As businesses continue to embrace AI and automation, this tracker serves as a reminder of the human…

Apple and Google have released several software updates to protect against hacking campaigns targeting unspecified users. On Wednesday, Google released patches for several security bugs in its Chrome browser, noting that one of the bugs was being actively exploited by hackers before the company applied the patch. Unusually for Google, the company did not provide further details at the time. But on Friday, Google updated its page to say the bug was discovered by Apple's security engineering team and Google's threat analysis group, whose security researchers primarily track government hackers and mercenary spyware authors, indicating the hacking campaign may have…