Amy Wu, founder of the AI-based mental health app Manifest, has a bold prediction for the next wave of tech. “Separately from the AI trend, I think so many people are seeing this loneliness epidemic that’s happening with Gen Z,” she said. “There is no doubt in my mind that there will be unicorns that […]
Casio says ‘no prospect of recovery yet’ after ransomware attack
Japanese electronics giant Casio has confirmed that many of its systems remain unusable almost two weeks after it was hit by a ransomware attack. Casio spokesperson Ayuko Hara told TechCrunch on Thursday that the company sees “no prospect of recovery yet” as it struggles to bounce back from the cyberattack. “Since October 5, our servers […]
Cyera acquires Trail Security for $162M; Cyera is now raising at a $3B valuation
Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what’s known as data security posture management — a full assessment and picture of where a customers’ data has been created, where it is stored, and how it is used — has been on a growth tear in the last year, picking up […]
Zepto eyes $100M from Indian offices in third funding in 6 months
Zepto is in advanced stages of talks to raise $ 100 million in new investment, its third in the last six months, as the leading Indian quick commerce startup looks to rope in more domestic investors, sources familiar with the talks told TechCrunch. The Mumbai-headquartered startup, which allows customers in multiple Indian cities order grocery, […]
Y Combinator-backed fintech CapWay has shut down
CapWay, a Y Combinator-backed fintech that sought to bring financial services to those in so-called “banking deserts,” has been shut down, according to its founder Sheena Allen. Allen wrote about it on LinkedIn and confirmed to TechCrunch. “I am proud of the work we were able to accomplish, but honestly disappointed that we couldn’t complete […]