Tuesday, September 5, 2023

Indian government issues warning after advanced malware campaign targets Android users

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By Christine Hall

Tuesday, September 05, 2023

In today's top story, India warned its citizens of some advanced malware targeting Android users. The origins of this attack are not yet known, but experts think they know how it gets in. Read more.

Meanwhile, if you're not innovating in the video conferencing space, you're going to be left behind. Zoom knows what's up and rebrands some existing generative AI features and introduces new ones. Find out more.

Now back to breaches. Chipmaker NXP alerted customers of a data breach involving their information. The company didn't release much more information than that or why it took a few months to tell customers. Read more.

But wait, there's more: Find out what Flipper Zero can do to a nearby iPhone.

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Image Credits: Getty Images

More top reads

Sometimes when things go wrong, they end up all right. When Intel canceled its proposed $5.4 billion acquisition of Tower Semiconductor, it seemed all was lost. Not so say the companies. There's no hard feelings — that we can tell anyway — because they have decided to work together, inking a $300 million foundry deal. Get the scoop.

For when you need IT ASAP: Atomicwork connects workers and their companies so that they can get questions answered quickly. No more busywork.

Look, Ma, no internet: Kotani gets $2 million pre-seed to help African workers send money home via crypto. And without the internet.

Special skill set: Sam Altman backs Mentra, which aims to match neurodivergent jobseekers with ideal jobs. AI does the searching.

Ridding phones of Google: Get a closer look at e/OS: Murena's privacy-first "deGoogled" Android alternative. It's openness meets privacy.

Q&A: Connect Ventures hits $80 million for its next fund. Find out why its founders say product is back.

Ready, set, launch: Meet Worldover, a compliance platform for cosmetic products — and soon any product. It just got $3.8 million.

Carbon copy: Opna wants to help companies hit "net zero" by finding and funding carbon projects. Put your green to work.

Africa's climate tech is heating up: Catalyst Fund reaches first close to back climate tech startups in Africa. Learn more about the fund.

Let's chat: Gleen's tech-savvy chatbot for Discord and Slack attracts Solana founder in oversubscribed round. Get the scoop.

Hanging money launderers out to dry: ThetaRay nabs $57 million for AI tools to identify and fight money laundering. Read more.

Bye-bye, news: Meta is pulling the plug on Facebook News in the U.K., Germany and France. Read all about it . . . while it lasts.

Blue skies, smiling at me: Using flight rewards can be a pain. Enter real-time flight rewards search engine Point.me, which raised $10 million. It’s DIY.

Weekend warriors you might have missed:

Elon Musk to sue ADL for accusing him, X of antisemitism

Are AI models doomed to always hallucinate?

Qept is a simple iOS note-taking app that is all about texting yourself

Maker of ‘smart' chastity cage left users' emails, passwords, and locations exposed

This veteran VC doesn't think ARM's IPO will have the impact that everyone is hoping it will

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Image Credits: Intel Corporation

Grab your pass to TC Disrupt 2023

Join 10,000 startup leaders in San Francisco at TechCrunch Disrupt, taking place September 19–21. Last-minute passes are still available. Save 15% with code DC. Register now!

TC Opinion

The US can't kill crypto: Real regulations are coming

“Predicting the death of crypto is a convenient but inaccurate narrative,” writes Lane Kasselman, president of Blockchain.com. “The U.S. will get there. It always does.”

Financing climate solutions: Do it the easy way or the impactful way?

VC funding for climate tech reached $53 billion two years ago, but “investors and the philanthropy sector need to include diverse grassroots innovators working on adaptation and mitigation.”

Major AI players are getting in sync, but it's what comes next that really matters

“The fact that all of the large AI model players are coming together so quickly and agreeing on broad safety principles and regulatory guardrails demonstrates just how seriously they view AI's potential risks, as well as its unprecedented opportunities.”

If you’d like to submit an opinion column to TechCrunch, please read our new editorial guidelines.

TC Opinion image

Image Credits: Bryce Durbin/TechCrunch

How to buy an AI solution the right way: 7 questions new customers should consider

Investors are far more pragmatic than entrepreneurs when it comes to new tools and technology: A founder wants to know what the tech can do, but an investor is much more likely to inquire about which problems it solves.

With that in mind, Yousuf Khan (partner, Ridge Ventures) wrote an “enterprise buyer scorecard” for companies considering AI-based solutions.

If you’re looking for an investor’s perspective on how AI provides tangible value, you’ll want to read this one.

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

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How to buy an AI solution the right way: 7 questions new customers should consider image

Image Credits: Andrii Yalanskyi/500px / Getty Images

On the pods

On today’s episode of Found, Dominic-Madori and Becca talk with Graham Hine, the co-founder and CEO of ePlant, a startup that creates sensors that monitor the health of trees. Hine talked about what got him interested in the tree space to begin with and what it was like transitioning to being a founder after working for years at a startup founded by his brother. Hine also talked about why the company decided to launch both B2B and consumer strategies and the wide breadth of potential use cases for the tech. Listen here.

Alex is back on Equity with the latest on the never-ending earnings season, crypto, ARM’s IPO range, a new Africa-focused venture fund, Chinese semiconductor fund and more. Listen here.

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Image Credits: Bryce Durbin

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Friday, September 1, 2023

‘Compromised' website on Paw Patrol snack packaging displayed explicit content

TechCrunch Newsletter
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The Daily Crunch logo

By Christine Hall

Friday, September 01, 2023

Parental discretion advised. Today's top story involves superstore Lidl, which recalled Paw Patrol snacks after a website advertised on the packaging displayed porn. Though no definitive reason was cited for why that website had porn, Carly and Zack have a theory.

Next, Google pulled the popular, but controversial, live video chat app Chamet from the Play Store. Here's why.

Meanwhile, get a look at how the FBI took down the notorious QakBot botnet. But not before it infected over 700,000 devices. Get the broom.

And if you're an investor, since it is a long weekend in the U.S., why not spare a few minutes to give us some feedback on Y Combinator Demo Day? Take our short survey.

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Image Credits: Jenny Dettrick / Getty Images

More top reads

Special delivery: Go inside Korean internet giant Naver as it explores robotics, AI and autonomous driving. Find out its long-term vision.

The time has come: After a set of layoffs last November, e-commerce acquirer Benitago has now filed for bankruptcy. Get the scoop.

A repeat offender: Robert Luo wants another shot at Haje's Pitch Deck Teardown, this time with another startup called Tanbii. Check out its $1.5 million pre-seed deck. (TC+)

Remember that one time?: Looking to be your family's genealogist? Inalife's digital legacy platform lets you preserve your family's memories and even connect it with other family members. Learn more.

Breaking up is easy to do in this case: Magic Leap is leaving its original headset behind in favor of its new model, announcing that Magic Leap 1 will stop working at the end of 2024. It’s not you, it was them.

Your data doesn't belong to you: Yesterday, we reported that X, formerly Twitter, is collecting users' biometric data. Today comes a story about how it plans to use that data. Hint: To train AI models.

Fintech fail: Find out the impact a decrease in overall fintech investment can have on a region where bank penetration is the problem startups are trying to solve. Read more. (TC+)

Let me Model 3 it for ya: Get a look at Tesla's Model 3 refresh. Sorry, it’s only available in Europe for now.

In case you missed these:

Texas cannot yet enforce ID checks on porn sites

Forever 21 data breach affects half a million people

Lowering costs nets Salesforce a profitable quarter, but can it keep it up? (TC+)

Fisker confirms Foxconn will build its $29,900 Pear EV, but questions remain

Biden offers $15.5B to boost battery and EV manufacturing

More top reads image

Image Credits: Naver

Grab your pass to TC Disrupt 2023

Join 10,000 startup leaders in San Francisco at TechCrunch Disrupt, taking place September 19–21. Last-minute passes are still available. Save 15% with code DC. Register now!

From today's "pod" files

This week, Equity is covering deals from Teamshares and MoonPay, then digging into new rental-focused startups, the IPO drought and what happens when you bring lean startup ideology into the AI world.

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From today's

Image Credits: Bryce Durbin

How to pitch me: 15 investors talk about what they're looking for in August 2023

Summer 2023 has been the hottest one on record since 1880, but while early-stage founders were sweating over pitch decks, the investors were playing pickleball in Jackson Hole or relaxing poolside with cocktails in Palm Springs.

"People tend to be out of the office longer than usual this time of year," says Kittu Kolluri, founder and managing director of Neotribe Ventures. "I suggest reaching out right before Labor Day to set up a meeting in September or wait and start your outreach altogether next month."

Here are 15 investors who are looking for pitches right now:

  • Christine Hsieh, venture partner, Third Culture Capital
  • Marta Cruz, co-founder and managing partner, NXTP Ventures
  • Adam Struck, founder and managing partner, Struck Capital
  • Adam Nash, angel investor, CEO and co-founder, Daffy
  • Anshu Agarwal, general partner, Converge
  • Kittu Kolluri, founder and managing director, Neotribe Ventures
  • Jennifer Lee, partner, Edison Partners
  • Dave Zilberman, general partner, Norwest Venture Partners
  • Jake Jolis, partner, Matrix Ventures
  • Chad Cardenas, founder and CEO, The Syndicate Group (TSG)
  • Matthew Kinsella, managing director, Maverick Ventures
  • Ty Findley, co-founder and general partner, Ironspring Ventures
  • Kathleen Kaulins, principal, Plymouth Growth
  • Samarth Shekhar, EMEA regional manager, SixThirty Ventures
  • Zamir Shukho, founder and general Partner, Vibranium Venture Capital

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

Read More

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