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Mike Butcher @ TechCrunch · 09/30/2020 12:14 EDT

Dfinity’s valuation soars to $9.5Bn after revealing it’s governance system and token economics

We’ve been tracking one of the few genuinely interesting stories to come out of the blockchain world, ever since Dfinity raised $102M from Andreessen Horowitz and Polychain Capital for a decentralised ‘Internet Computer’ to rival AWS in August last year. It later revealed more this past January, and has dince then started to open up […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 09/30/2020 12:00 EDT

Twitch launches a rights-cleared music catalog for streamers, Soundtrack by Twitch

Twitch today is introducing a new tool, Soundtrack by Twitch, that will allows it creators to add licensed music within their streams. The feature, which has been in development over the past year, is meant to not only make it easier to find rights-cleared music, but also to address the ongoing issues creators face with […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 09/30/2020 11:56 EDT

Applicants say a DC Bar website bug exposed their personal data and background checks

Lawyers applying for a license to practice law in Washington, D.C., say a security lapse by the bar association exposed their application files, including their government-issued IDs and background checks. Applicants said the District of Columbia Bar, which oversees the admissions and licensing for lawyers practicing in the U.S. capital, was storing the applications in […] Read more

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TechCrunch
Alexandra Ames @ TechCrunch · 09/30/2020 11:50 EDT

See what’s new from Chargepoint, Wejo, Waymo and Planet M at TechCrunch’s mobility event next week

We’re in the final run up to TC Sessions: Mobility 2020 on October 6-7, and the great stuff just keeps on coming. We’ve stacked the two-day agenda with plenty of programming to keep you engaged, informed and on track to build a stronger business. You’ll always find amazing speakers — some of the most innovative […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 09/30/2020 11:28 EDT

Brands building for scale should look to hypercultural Latinx consumers

Hypercultural Latinx consumers are different from their mostly white counterparts in the way they vigorously engage with technology, their obsession with being online at all times and their unique shopping habits. Read more

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TechCrunch
Ron Miller @ TechCrunch · 09/30/2020 11:23 EDT

Vista-owned backup and recovery company Datto files to go public

When Vista Equity Partners acquired backup and disaster recovery firm Datto in 2017, it was easy to think that was the end of the company’s story. It would be comfortably absorbed into the private equity portfolio continuing to make money for the firm, but that’s not really the way Vista works. It tends to build […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 09/30/2020 10:58 EDT

Europe eyeing limits on how big tech can use data and bundle apps — reports

European lawmakers are considering new rules for Internet giants that could include forcing them to share data with smaller rivals and/or put narrow limits on how they can use data in a bid to level the digital playing field. Other ideas in the mix are a ban on dominant platforms favoring their own services or […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 09/30/2020 09:31 EDT

Homer nabs $50M from Lego, Sesame Workshop and Gymboree for its early learning apps

For better or worse, tablets and smartphones have become a cornerstone of how many smaller children pass the time. Today, a company that builds literacy and other educational apps to help make that time more worthwhile is announcing a large round of funding from a number of strategic backers to move into the next phase […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 09/30/2020 09:30 EDT

Coralogix lands $25M Series B to rethink log analysis and monitoring

Logging and monitoring tends to be an expensive endeavor because of the sheer amount of data involved. Companies are therefore forced to pick and choose what they monitor, limiting what they can see. Coralogix wants to change that by offering a more flexible pricing model, and today the company announced a $25 million Series B […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 09/30/2020 09:06 EDT

Prosus Ventures leads $13 million investment in Pakistan’s ride-hailing giant Bykea

Bykea, which leads the ride-hailing market in Pakistan, has raised $13 million as the five-year-old startup looks to deepen its penetration in the South Asian country and become a “super app.” The new financing round, a Series B, was led by storied investment firm Prosus Ventures . It’s the first time Prosus Ventures has invested […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 09/30/2020 09:00 EDT

Element acquires Gitter to get more developers on board with the open Matrix messaging protocol

Some interesting news for lovers of open, decentralized communications tech: Element, the company behind the eponymous Matrix -based Slack competitor (formerly known as Riot) has acquired developer-focused chat platform, Gitter, from dev services giant GitLab, which picked it up back in 2017. The acquisition means Gitter’s community of some 1.7M users will be migrating to […] Read more

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TechCrunch
Danny Crichton @ TechCrunch · 09/30/2020 09:00 EDT

Gusto is expanding from payroll into a full suite financial wellness platform

When we caught up with Gusto last year, the small business payroll startup had just raised $200 million and was launching a new office in New York City. Over the past few years though, Gusto has also been accruing new features outside of its original payroll product, features that redefine the borders between payroll and […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 09/30/2020 09:00 EDT

Juno Bio launches a vaginal microbiome test kit — targeting the women’s health data gap

Entrepreneur First -backed Juno Bio has launched a home test kit for women wanting to get a better understanding of their vaginal microbiome while also contributing data to further research into women’s health. The vaginal microbiome refers to the community of microbes and bacteria that naturally live in the vagina. Variances in the vaginal microbiome […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 09/30/2020 08:10 EDT

After breach, Twitter hires a new cybersecurity chief

Following a high-profile breach in July, Twitter has hired Rinki Sethi as its new chief information security officer. Sethi most recently served as chief information security officer at cloud data management Rubrik, and previously worked in cybersecurity roles at IBM, Palo Alto Networks, and Intuit. In the new role at Twitter overseeing the company’s information […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 09/30/2020 08:01 EDT

VTEX raises $225M at a $1.7B valuation for e-commerce solutions aimed at retailers and brands

Retailers and consumer brands are focused more than ever in their histories on using e-commerce channels to connect with customers: the global health pandemic has disrupted much of their traditional business in places like physical stores, event venues and restaurants, and vending machines, and accelerated the hunt for newer ways to sell goods and services. […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 09/30/2020 07:59 EDT

Facebook introduces cross-app communication between Messenger and Instagram, plus other features

Facebook announced today it will begin rolling out new functionality that will allow Instagram and Messenger users to communicate across apps, in addition to bringing a host of Messenger -inspired features to the Instagram inbox. On Instagram, users will be presented with an option to update to a new messaging experience that offers the ability […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 09/30/2020 07:49 EDT

Silverlake adds a $2 billion long-only hedge fund backed by Abu Dhabi to its tech finance toolkit

Silver Lake Partners, the multi-billion dollar tech-focused investment firm, is adding a long-only hedge fund backed by Abu Dhabi’s sovereign wealth fund, Mubadala, to its array of investment vehicles to finance technology companies. The move into multi-strategy investing represents the diversification of financing vehicles that companies have at their disposal and gives the private equity […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 09/30/2020 07:45 EDT

Google is holding an event to unveil its new phone, the Google Pixel 5. It is going to be a virtual event, and you can steam it live. The event starts at 11 a.m. PDT (2 p.m. in New York, 7 p.m. in London, 8 p.m. in Paris). Rumor has it that there could be […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 09/30/2020 07:28 EDT

Memo Bank details its offering for its business bank accounts

French startup Memo Bank has unveiled three different plans for its new customers. The company is building a business bank for small and medium companies that generate between €2 million and €50 million in annual turnover. Earlier this year, Memo Bank obtained licenses from the French regulator (ACPR) and the European Central Bank to become […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 09/30/2020 07:00 EDT

Hailo challenges Intel and Google with its new AI modules for edge devices

Hailo, a Tel Aviv-based startup best known for its high-performance AI chips, today announced the launch of its M.2 and Mini PCIe high-AI acceleration modules. Based around its Hailo-8 chip, these new models are meant to be used in edge devices for anything from smart city and smart home solutions to industrial applications. Today’s announcement […] Read more

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