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UK data watchdog confirms it’s investigating MoneyGram data breach

Security /

The U.K.’s data protection regulator has confirmed it’s investigating MoneyGram after receiving a data breach report from the U.S.-based money transfer giant. The U.K.’s Information Commissioner’s Office, which requires that organizations report data breaches within 72 hours of discovering the incident, confirmed to TechCrunch on Friday that the watchdog had received a report from MoneyGram […]

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Security compliance unicorn Drata lays off 9% of its workforce

Enterprise /

Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has laid off 9% of its workforce, amounting to 40 people. Founded in 2020, Drata integrates with dozens of clouds, SaaS apps, developer tools, security systems, and more, helping businesses collate the necessary evidence to prove that their data privacy and security

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Zap Energy investors in recent $130M round included Soros Fund and Laurene Powell Jobs’ Emerson Collective

Climate /

The race for commercial fusion power is heating up. Investors have poured money into fusion startups over the last several years, and one of the more recent beneficiaries of their beneficence is Zap Energy, an Everett, Washington-based startup that’s pursuing a clever approach to harnessing the power of the stars. The company recently closed a

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India’s Star Health says it’s investigating after hacker posts stolen medical data

Security /

Star Health and Allied Insurance, one of India’s biggest health insurance firms, is investigating a cybersecurity incident that allegedly leaked sensitive data associated with its customers, including their medical records. The Chennai-headquartered insurance giant told TechCrunch that a “forensic investigation” is ongoing after data allegedly stolen from the company was shared online. A hacker group

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Supabase, a Postgres-centric developer platform, raises $80M Series C

Enterprise /

Supabase, the open source developer platform and Postgres database service that started out as an alternative to Google’s Firebase, on Wednesday announced that it has raised an $80 million Series C round led by Peak XV and Craft Ventures. With this, Supabase has now raised a total of $196 million, including a Series B round

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EGYM, a connected fitness startup conceived after the founder hit a wall at the gym, lands $200M at a $1.2B+ valuation

Biotech & Health /

Getting healthy is big business these days. Now a startup that’s come up with a unique approach leveraging tech to help people with their exercise regimes is announcing a big round of funding, putting some weight behind its own push for growth.  Munich-based EGYM — a maker of connected fitness equipment and personalized training tech

EGYM, a connected fitness startup conceived after the founder hit a wall at the gym, lands $200M at a $1.2B+ valuation Read More »

From dinners with Travis Kalanick to fired after maternity leave: One of CloudKitchens’ earliest employees is suing

Startups /

Isabella Vincenza, one of CloudKitchens’ earliest employees, never imagined she would be suing her now-former employer. Hired as a full-time salesperson in 2018, she became a mainstay at President’s Club dinners hosted by CEO Travis Kalanick at his Bel Air home throughout 2020 and 2021. These dinners were prized, invite-only events for top salespeople at

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Rivian reveals first $10M in grants for long-promised Rivian Foundation

Transportation /

Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, three years after the EV maker vowed the philanthropy would receive 1% of its equity to make the “natural world” a “stakeholder in our success.” The company launched Monday a website for the foundation that details 41 grantees who will collectively

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