Flagstar Bank, one of the largest financial service providers in the United States, has notified more than 1.5 million customers of a data breach in which Social Security numbers were stolen — its second incident in two years. In a letter sent to those affected, Michigan-headquartered Flagstar revealed that hackers breached its corporate network between…
Vahak is not only an open marketplace for truckers, but it also provides drivers with services like healthcare and discounted fuel cards. The Bangalore-based company announced today it has raised a $14 million Series A. The round was led by Nexus Partners, with participation from Foundamental, iSeed Ventures, Leo Capital, RTP Global and Tital Capital.…
India’s market regulator fined Reliance and two of its officers on Monday for not properly disclosing Facebook’s $5.7 billion investment into Jio Platforms in April 2020. The Securities and Exchange Board of India said that media had reported about the then-impending deal in March itself, which prompted the shares of the group company to rise.…
Saltalk, a virtual kitchen and e-commerce platform, closed on $8 million of Series A financing to continue developing its one-two punch of authentic cuisine, made by both restaurant chefs and home cooks, and food supply resources and logistics. Founder and CEO Fred Ming, previously a software architect, got the idea for Saltalk a few years…
Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to ease the strain on the country’s power supply, despite knowing the promise of crypto as a way to evade international sanctions. Electricity to all 118 government-authorized mining operators in Iran will be…
It’s been a rough week for the crypto community as top tokens have seen massive selloffs, pushing some in the space to double down while leaving others to take stock off how the industry got to this point and what widely accepted truths need to be re-evaluated as the crypto internet matures. There haven’t been…
Telegram has amassed 700 million monthly active users and is rolling out a premium tier with additional features as the instant messaging platform makes a push to monetize a portion of its user base. Telegram did not disclose how much it is charging for the premium tier, but the monthly subscription appears to be priced…
As several Apple stores across the country fight to unionize, workers in Towson, Maryland became the first to win formal recognition. Out of 110 eligible employees, the union received 65 yes votes and 33 no votes. This historic victory comes after concentrated efforts from Apple to discourage its retail workers from unionizing. Last month, the…
As several Apple stores across the country fight to unionize, workers in Towson, Maryland became the first to win formal recognition. Out of 110 eligible employees, the union received 65 yes votes and 33 no votes. This historic victory comes after concentrated efforts from Apple to discourage its retail workers from unionizing. Last month, the…
Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get this newsletter in your inbox every Thursday by subscribing on TechCrunch’s newsletter page. crash redux We’ve talked crypto crashes a couple times already in the…
