The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Away CEO is stepping down in light of reports of toxic culture Steph Korey is stepping down from her role as…
Zetwerk, an Indian business-to-business marketplace for manufacturing items, has closed a significantly large financing round as it scales its operations in the nation and also helps local businesses find customers overseas. The 18-month-old startup said on Wednesday it has raised $32 million in a Series B financing round led by Lightspeed and Greenoaks Capital. Zetwerk…
An update to Apple’s iOS operating system, out today, will give parents a new set of tools to fight back against kids’ iPhone addiction. With the release of iOS 13.3, parents will for the first time be able to set limits over who kids can talk to and text with during certain hours of the…
Forget a $1B valuation — $100 million in annual recurring revenue is the cool kids’ club Hello and welcome to a lightweight series I’m writing while I recapture my footing at TechCrunch. It’s lovely to be back, and I’m excited to chat about what’s going on with private companies, public markets and the space between…
Dutch smart lighting solutions provider Signify, formerly Philips Lighting, announced that it installed Interact Industry in the newly developed warehouse facility of Pilkington Automotive in Gelsenkirchen, Germany. The Dutch firm said that this cloud-based, wireless connected lighting system is specifically designed for warehouses and manufacturing facilities. Pilkington Automotive is one of the world’s largest suppliers…
Pear, a six-year-old, Palo Alto, Ca.-based seed-stage firm whose bets on nascent startups are closely watched by early stage investors, has closed on $160 million in capital commitments from a wide array of backers, including a previous investor, the University of Chicago. It’s more than twice the $75 million that the firm raised for its…
Cybersecurity researchers have disclosed a glaring vulnerability in the KeepKey cryptocurrency hardware wallet that allows physical attackers to steal funds in just 15 minutes. Kraken Security Labs’ latest blog details a “voltage glitching” attack that extracts the encrypted seed used to access cryptocurrency stored on the device. An attacker can then brute force the encrypted seed, as…
Amazon is rolling out patches for the vulnerabilities and users are urged to confirm their device is updated to firmware version 2.13.11 or later.
Jessica spends 12 hours a day on the internet managing security for web assets and loves her macha tea
As the world of digital payments continues to wait and see what kind of impact cryptocurrencies will have on the wider market (if any), consolidation continues apace among those that have built tools for today’s payment needs. Payoneer — a provider of cross-border payment services to millions of businesses in some 200 markets that’s valued…
As the world of digital payments continues to wait and see what kind of impact cryptocurrencies will have on the wider market (if any), consolidation continues apace among those that have built tools for today’s payment needs. Payoneer — a provider of cross-border payment services to millions of businesses in some 200 markets that’s valued…
