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Klue hack results in data breach at several cybersecurity firms
NewsAugust 13, 20264 min read

Klue hack results in data breach at several cybersecurity firms

A hacking group has taken credit for a breach at market intelligence provider Klue that allowed hackers to steal reams of data from the company’s corporate customers, which include some…

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Seedcamp raises $320M for its new fund to expand its US footprint
NewsAugust 13, 20262 min read

Seedcamp raises $320M for its new fund to expand its US footprint

After 18 years of focusing on Europe, early-stage investor Seedcamp said on Monday that it had raised $320 million for its latest fund, which will see it expanding its presence…

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Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’
NewsAugust 13, 20263 min read

Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

Lucid Motors is laying off 18% of its workforce, or around 1,500 employees, just four months after the EV maker cut 12% of its staff. The company said on Monday…

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The founder conference built for growth: TechCrunch Founder Summit pass rates increase June 26
NewsAugust 13, 20264 min read

The founder conference built for growth: TechCrunch Founder Summit pass rates increase June 26

Founders don’t grow alone. They learn from peers tackling similar challenges, connect with those who have already navigated the road ahead, and build relationships with investors aligned with their vision. For the…

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Instagram looks to take on streaming services with longer-form, episodic and live formats for its TV app
NewsAugust 13, 20262 min read

Instagram looks to take on streaming services with longer-form, episodic and live formats for its TV app

Instagram is exploring new formats in an apparent effort to bring its platform to more TV users. The social network, which launched a TV app last year, says it’s going…

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WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah and invests $900M in startup
NewsAugust 13, 20263 min read

WhatsApp gets new chief as Meta taps India’s CRED founder Kunal Shah and invests $900M in startup

Meta is betting on India for WhatsApp’s next chapter, naming entrepreneur Kunal Shah to lead the messaging app and succeed Will Cathcart, who is stepping down after nearly seven years…

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SpaceX inks compute deal with Reflection AI, an open source AI lab
NewsAugust 13, 20262 min read

SpaceX inks compute deal with Reflection AI, an open source AI lab

First came Anthropic, then Google. Now, open source AI startup Reflection is tapping SpaceX for its abundant source of AI chips. Reflection AI will pay $150 million a month beginning…

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Amazon is testing Alexa+ in India with Hindi support
NewsAugust 13, 20262 min read

Amazon is testing Alexa+ in India with Hindi support

Amazon is planning to increase the footprint of its new conversational AI assistant Alexa+ to India and is inviting users in the country to test out a Hindi-language version. The…

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Anthropic says Claude may want to see your ID
NewsAugust 13, 20264 min read

Anthropic says Claude may want to see your ID

Anthropic may ask Claude users to verify their age and identity by uploading their government-issued documents, according to a new version of the company’s privacy policy.  The AI giant says…

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Google DeepMind bets $75M on AI’s future in Hollywood with A24 deal
NewsAugust 13, 20262 min read

Google DeepMind bets $75M on AI’s future in Hollywood with A24 deal

A new alliance has formed between a Hollywood studio and a tech juggernaut.  On Monday, Google DeepMind announced a $75 million investment (per the WSJ) into popular indie film studio…

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