PayPal Doubles Down on European Fintech with $14M Investment in Klearly

Amsterdam-based Klearly also attracted investment from Italian Founders Fund, Global PayTech Ventures, Antler Elevate, and Shapers.
The post PayPal Doubles Down on European Fintech with $14M Investment in Klearly appeared first on TechRepublic.

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Converge Bio raises $25M, backed by Bessemer and execs from Meta, OpenAI, Wiz

AI drug discovery startup Converge Bio raised $25 million in a Series A led by Bessemer Venture Partners, with additional backing from executives at Meta, OpenAI, and Wiz.

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Betterment Customer Data Exposed in Crypto Scam Hack

The breach occurred through a compromised third-party marketing platform, allowing attackers to impersonate the trusted financial service.
The post Betterment Customer Data Exposed in Crypto Scam Hack appeared first on TechRepublic.

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Meta-backed Hupo finds growth after pivot to AI sales coaching from mental wellness

Hupo, backed by Meta, pivoted from mental wellness to AI sales coaching for banks and insurers, and secured a $10M Series A led by DST Global

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SK Hynix to invest $13 billion in new plant amid memory chip shortage

South Korea’s SK Hynix will invest 19 trillion Korean won into a new advanced packaging plant, as the company attempts to meet growing memory demands.

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More than 100 new tech unicorns were minted in 2025 — here they are

Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year.

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Trump says Microsoft will make changes to ensure consumers don’t pay for power used in AI buildout

President Trump said in a social media post that Microsoft will “make major changes beginning this week” to make sure Americans don’t see rising energy costs.

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OpenAI buys tiny health records startup Torch for, reportedly, $100M

AI health records startup Torch will be using its tech for OpenAI’s new ChatGPT Health, according to co-founder Ilya Abyzov.

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Hands-on with Bee, Amazon’s latest AI wearable

We tried Amazon’s new AI wearable Bee. It’s not for pro users yet, but more features are expected this year.

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Grand Island Casino suffers swatting attempt after reported bomb threat

New England’s Grand Island Casino received a swatting attempt and falsified bomb threat, sparking an investigation from local police.
On Sunday (January 11), the Grand Island Casino in New England received a call that claimed multiple bombs had been placed throughout the location. The casino reported this to the Grand Island Police Department, who discovered after an investigation that it was a swatting call.
Officers responded to the scene and found no explosive devices or firearms, although the location and surrounding facilities were cleared as a precaution. Together with casino security, the authorities determined the threat was false, with evidence from casino security video and on-site verification.
According to the police department’s report, investigators later determined that the anonymous caller used a third-party system to mimic another phone number.
“There is no active risk to the public,” reads the police statement. “The Grand Island Police Department takes all reported threats seriously and will continue to investigate incidents of swatting, which divert emergency resources and can place the public and first responders at risk. Anyone with information related to this incident is encouraged to contact the Grand Island Police Department.”
What is swatting?
Swatting refers to prank calls or reports of threats to a location, such as a fake bomb threat or report that there are dangerous or illicit materials at that location. The goal is to get police authorities or sometimes even a SWAT team to respond to that address, at the expense of whoever is living or working there.
The trend has been popular on live-streams, with people swatting streamers’ addresses while they’re live on stream, so they can watch as authorities raid the location.
In this case, the disruption was caused not only to the Grand Island Casino but also to the surrounding facilities that also needed to be cleared. This is the second report of a false bomb threat happening to a casino so far in 2026.
Featured image: Grand Island Casino
The post Grand Island Casino suffers swatting attempt after reported bomb threat appeared first on ReadWrite.

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