Content tagged with News

Content (2252 items)

Pro-Iran hacktivist group says it is behind attack on medical tech giant Stryker

A group of Iran-linked hackers say they have broken into the servers of U. medical tech giant Stryker, causing disruptions worldwide. As of Wednesday morning, many of Stryker’s global systems have been wiped, and some login pages are instead showing the logo of the hacker group. The hacktivist group, known …

Source
Logic Quality: 73.0
Community Trust: No comments yet
23 claims
View Details Claims
Replit snags $9B valuation 6 months after hitting $3B

Vibe-coding sensation Replit has hit another funding milestone. The company announced Wednesday that it raised a $400 million Series D at a $9 billion valuation, led by previous investor Georgian Partners. Other participating investors include G Squared, Prysm Capital, Coatue, Andreessen Horowitz, Craft Ventures, Y Combinator, Accenture Ventures, Okta Ventures, …

Source
Logic Quality: 79.0
Community Trust: No comments yet
4 claims
View Details Claims
Drivers in fatal Ford BlueCruise crashes were likely distracted before impact

Two drivers involved in fatal crashes in 2024 while using Ford’s BlueCruise hands-free driving system were likely distracted in the moments before impact, according to new information released Wednesday by the National Transportation Safety Board (NTSB). The safety board released documents for each crash and announced it will hold a …

Source
Logic Quality: 78.0
Community Trust: No comments yet
47 claims
View Details Claims
Alternative app store AltStore PAL joins the fediverse

AltStore PAL, an alternative app store for iOS, made possible by new regulations in markets like the EU and Japan, is integrating with the open social web. The company on Wednesday announced support for the fediverse, the open social web that runs on ActivityPub, which underpins apps like Mastodon, Flipboard, …

Source
Logic Quality: 77.0
Community Trust: No comments yet
7 claims
View Details Claims
Quince hits $10B valuation with giant $500M round led by Iconiq

In a sea of massive valuations for early-stage AI startups, today we have a bit of rare news: a jumbo round and valuation step-up for an e-commerce company. Quince announced on Wednesday that it raised a $500 million Series E round at a $10. The round was led by previous …

Source
Logic Quality: 76.0
Community Trust: No comments yet
7 claims
View Details Claims
Lovable says it added $100M in revenue last month alone, with just 146 employees

Lovable crossed $400 million in annual recurring revenue in February, the Stockholm company confirmed to TechCrunch. But it declined to say whether it is still projecting to reach $1 billion ARR by year’s end, saying its focus is on “helping builders scale their impact with our platform. ” Alongside Cursor, …

Source
Logic Quality: 76.0
Community Trust: No comments yet
16 claims
View Details Claims
Netflix may have paid $600 million for Ben Affleck’s AI startup

Last week, Netflix announced the acquisition of InterPositive, an AI company co-founded by Ben Affleck that helps filmmakers edit footage in post-production. This deal could be worth up to $600 million, according to Bloomberg, potentially ranking it among the streaming giant’s largest acquisitions ever. The most Netflix has ever paid …

Source
Logic Quality: 77.0
Community Trust: No comments yet
6 claims
View Details Claims
India neobank Fi winds down banking services on its platform

India’s neobank Fi is discontinuing banking services on its platform more than four years after launching them in partnership with Federal Bank, directing customers to access their savings accounts through the bank’s mobile app as it winds down the Fi interface. Founded in 2019 by former Google Pay India executives …

Source
Logic Quality: 79.0
Community Trust: No comments yet
14 claims
View Details Claims
Zendesk acquires agentic customer service startup Forethought

Zendesk is acquiring Forethought, a company that builds software to automate customer service interactions, the companies announced on Wednesday. The deal is expected to close by the end of March. While AI agents, particularly for customer service, may be all the rage now, Forethought was years ahead of its time. …

Source
Logic Quality: 80.0
Community Trust: No comments yet
7 claims
View Details Claims
Ride-hailing inDrive acquires Pakistan’s Krave Mart to bolster grocery delivery

Global ride-hailing company inDrive, known for its bid-based pricing model, has acquired Pakistan-based quick-commerce startup Krave Mart, TechCrunch has learned, as it pushes further into grocery delivery and commerce services in South Asia. The all-stock deal, agreed last year, has received approval from the Competition Commission of Pakistan, allowing the …

Source
Logic Quality: 78.0
Community Trust: No comments yet
12 claims
View Details Claims