Internet of Things (IoT) devices — essentially, electronics like fitness trackers and smart lightbulbs that connect to the internet — are now part of everyday life for most. However, cybersecurity remains a problem, and according to Kaspersky, it’s only getting worse: there were 1.5 billion breaches of IoT devices during the first six months of…
Not for the first time, SoftBank is having a terrible, horrible, no good, very bad week. Indeed, even while the Japanese conglomerate is known for its extremes — be it bold bets, internal squabbles, soured business relationships, or its ability to repeatedly bounce back from the brink — some newer developments could prove particularly hard,…
Donald R. Cravins Jr. Contributor Systemic racism is nothing new in America, and the effects of unconscious racial bias have long created inequity in the workplace. So why — when presented with the task of developing new “normal” hybrid workplaces — are we allowing the same systemic problems that boxed generations of Black and brown…
I have a run of internal meetings starting in 15 minutes, so we have to be quick, but tech stocks are taking body blows yet again today. A selloff earlier in the week had us taking note. Today cements our raised eyebrows. And when we say tech shares are under attack, we are not only…
In 2019, Swedish coworking space and investment fund Norrsken Foundation announced the launch of its first entrepreneurship hub outside the Scandinavian nation in Rwanda. The center, located in Kigali, has finally opened up to the region, though it is happening in two phases. The first, which took place yesterday, will welcome 250 entrepreneurs. The second phase…
Porsche’s venture arm has taken a minority stake in 1Komma5, a five-month-old German startup aiming to offer households everything needed for a carbon neutral home, including energy storage, charging infrastructure for electric vehicles and solar. The investment, the amount of which was not disclosed, follows a series of deals made by Porsche Ventures in the…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for December 2, 2021! There’s a lot going on. More fintech in Latin America. Actuator launching. App Store Awards. The week’s software selloff. It’s a lot, so…
Companies face all kinds of challenges moving to the cloud. The more complex and spread out you are geographically, the more difficult it becomes to manage your network. In an effort to solve this issue, Amazon announced AWS Cloud WAN today to bring software-defined wide area networking to AWS. Amazon chief technology officer Werner Vogels…
Technology and visual effects startup Monsters Aliens Robots Zombies (MARZ) has raised $5.3 million in Series A funding. The investment was led by Round13 Captial with participation from Rhino Ventures and Harlo Equity Partners. MARZ plans to use the funding to grow its core VFX business and accelerate the development of its ‘AI for VFX’…
Kakao Mobility, the South Korea-based mobility as a service (MaaS) startup behind Kakao T, a ride-hailing app, said it has raised an additional $55 million (65 billion won) from strategic investor GS Retail. This brings its total raised to about $941.4 million (1.11 trillion won) and values it at more than $4.2 billion, a spokesperson…
