The UK is speeding up the application of powers that could see tech CEOs sent to prison if their businesses fail to comply with incoming safety-focused Internet content legislation, the government confirmed today. The latest revisions to the draft legislation include a radically reduced timeframe for being able to apply criminal liability powers against senior…
A month ago, Ukraine’s parliament passed a bill to legalize cryptocurrency, preparing a framework for the regulation and management of cryptocurrencies like Bitcoin. Today, the country’s president, Volodymyr Zelenskyy, signed into law that bill, named “On Virtual Assets,” which establishes a legal framework for the country to operate a regulated crypto market. According to reports…
You’d think that synchronizing the clocks across a fleet of modern servers is a solved problem, but it’s actually quite a hard challenge to solve, especially if you want to get to nanosecond accuracy. This also means that it remains an axiom in computer science that you should never build a system based on clock…
You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year, the New York-based firm, known for its famous bets on Stripe, JD.com, Meituan and Roblox, raised $6.7 billion for…
Multiplier, a startup that enables companies to hire and pay remote workers while complying with local laws, announced today that it has raised a $60 million Series B at a valuation of $400 million. The round was co-led by Tiger Global and Sequoia Capital India, and brings Multiplier total investment since it was founded in…
Ahead of its official debut on April 19th, Mercedes-Benz has shared a first look at the interior of the 2023 EQS SUV. As you can see from the photos the automaker provided, Mercedes didn’t reinvent its interior design language. As before, the most eye-catching feature is the optional 56-inch MBUX Hyperscreen that spans across the entire front cabin of…
Thomas Duscha, founder and CEO of Berlin-based battery swapping startup Swobbee, was in Poland visiting family in early March when the reach of the Ukraine crisis galvanized him to action. “I was just there a few weeks ago with my wife and newborn child, and it was normal, and now suddenly, there’s Black Hawk helicopters…
Food delivery firm Zomato and instant delivery service Blinkit have reached an agreement for a merger, a source familiar with the matter told TechCrunch. The all-stock deal values Blinkit between $700 million and $750 million, the source said, requesting anonymity as the matter is private. The merger — or technically, an acquisition — comes at…
When Forerunner Ventures was founded in 2012, traditional brands still reigned supreme, and most of us shopped in physical spaces. Firm founder Kirsten Green, who was earlier an equity research analyst at Banc of America Securities, was maybe more aware than most that this picture was about to dramatically change; over the years, Forerunner invested…
Vira Health, a U.K. startup that offers personalized digital therapeutics for women going through menopause, has closed a second round of funding — taking $12 million from lead investor Octopus Ventures, along with participation from U.S.-based VC firm Optum Ventures, as it gears up to hop over the pond. Existing investors in the April 2020-founded…
