Tag Archives: TechCrunch

WazirX halts trading after $230 million ‘force majeure’ loss

WazirX, one of India’s largest cryptocurrency exchanges, has “temporarily” suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security breach. The Mumbai-based exchange said in a tweet Sunday evening … Continue reading

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From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader

Subject to shareholder approval, Yandex N.V. is adopting the name of one of its few remaining assets, an AI cloud platform called Nebius AI which it birthed last year. © 2024 TechCrunch. All rights reserved. For personal use only.

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Bethesda Game Studios employees form a ‘wall-to-wall’ union

Employees at Bethesda Game Studios — the Microsoft-owned game developer that produces the Elder Scrolls and Fallout franchises — are joining the Communication Workers of America. Quality assurance testers at Bethesda’s parent organization ZeniMax unionized last year, becoming Microsoft’s first … Continue reading

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CrowdStrike’s update fail causes global outages and travel chaos

This week saw one of the most widespread IT disruptions in recent years linked to a faulty software update from popular cybersecurity firm CrowdStrike. Businesses across the world reported IT outages, including Windows “blue screen of death” errors on their … Continue reading

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Unpacking how Alphabet’s rumored Wiz acquisition could affect VC

Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week. If … Continue reading

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Microsoft says 8.5M Windows devices were affected by CrowdStrike outage

Around 8.5 million devices — less than 1 percent Windows machines globally — were affected by the recent CrowdStrike outage, according to a Microsoft blog post by David Weston, the company’s vice president of enterprise and OS security. These are … Continue reading

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Some Black startup founders feel betrayed by Ben Horowitz’s support for Trump

Trump is an advocate for a number of policies that could be harmful to people of color. © 2024 TechCrunch. All rights reserved. For personal use only.

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Strava’s next chapter: New CEO talks AI, inclusivity, and why ‘dark mode’ took so long

TechCrunch sat down with Strava’s new CEO in London for a wide-ranging interview, delving into what the company is prioritizing, and what we can expect in the future as the company embarks on its “next chapter.” © 2024 TechCrunch. All … Continue reading

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Lavish parties and moral dilemmas: 4 days with Silicon Valley’s MAGA elite at the RNC

All week at the RNC, I saw an event defined by Silicon Valley. But I also saw the tech elite experience flashes of discordance. © 2024 TechCrunch. All rights reserved. For personal use only.

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US cyber agency CISA says malicious hackers are ‘taking advantage’ of CrowdStrike outage

CISA confirmed the CrowdStrike outage was not caused by a cyberattack, but urged caution as malicious hackers exploit the situation. © 2024 TechCrunch. All rights reserved. For personal use only.

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