Month: March 2023

It’s taken rather longer than a month for Meta-owned WhatsApp to commit to address complaints swirling around how it imposes terms of service on users but the European Commission has just announced that the messaging platform has agreed to improve how it communicates to users and presents future ToS updates. Early in 2021, WhatsApp triggered
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Last month, Flutterwave, Africa’s largest startup by private valuation, was involved in a hack that resulted in over ₦2.9 billion (~$4.2 million) missing from its accounts, according to local tech publication Techpoint Africa. According to the documents seen by the publication and reviewed by TechCrunch, unknown actors transferred the funds across 28 accounts in 63 transactions
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Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week.
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Elon Musk, in his first address to Twitter Inc. employees since purchasing the company for $44 billion, said that bankruptcy was a possibility, according to a person familiar with the matter. Bloomberg’s Ed Ludlow reports. Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Emily
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Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. One of the quieter conversations in venture capital has only grown louder, in my DMs and interviews, over the past few months: The known bias
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Leslie Feinzaig, a venture capitalist, likes that her venture firm, Graham & Walker, sounds like an old, stodgy law firm. But apart from the name, there’s nothing really stodgy about it: Her fund exclusively invests in female- and nonbinary-founded startups. It’s a relatively new name for her firm, which was originally called Female Founders Alliance.
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Last week, the U.S. Federal Trade Commission, which protects consumers from deceptive business practices, issued an advisory titled “Keep your AI claims in check.” When it comes to marketing, “false or unsubstantiated claims about a product’s efficacy are our bread and butter,” wrote Michael Atleson, an attorney with the FTC’s Division of Advertising Practices. Artificial
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Metaverse hype was hanging like a multicolored fog over the Mobile World Congress (MWC) connectivity trade show in Barcelona this week. Conference organizer, the GSMA’s, program pitched attendees into a smorgasbord of metaverse-themed discussions — most of which seemed designed to generate maximum FOMO, as a parade of tech evangelists took to the stage in
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TechCrunch Live took a virtual visit to Boston this week at our special City Spotlight: Boston event. During the special, extended event, influential Boston founders and investors spoke, including Boston Robotics founder Marc Raibert and MassChallenge CEO Cait Brumme. The event started with Greg Dracon, of .406 Ventures, and Matt Caulfield, founder and CEO of
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