A highly anticipated ruling by Europe’s top court has just landed — striking down a flagship EU-US data flows arrangement called Privacy Shield. “The Court of Justice invalidates Decision 2016/1250 on the adequacy of the protection provided by the EU-US Data Protection Shield,” it writes in a press release.  #ECJ: the Decision on the adequacy […] …Continue Reading

In recent decades, Hong Kong has been considered a haven for data centers given its strategic location in Asia, a legal system trusted by international businesses, and reliable internet connectivity. Many virtual private network (VPN) operators keep servers in the city, serving mainland users who want to conceal their internet activity or access websites blocked […] …Continue Reading

Can a bank charge for software? That’s the existential question Monzo appears to be asking itself with its second — or, possibly, third — attempt at launching Monzo Plus, a premium version of its popular current account. In an uncharacteristic (and very public) misstep, Monzo originally launched a version of Monzo Plus in 2019, only […] …Continue Reading

Brad Feld, the longtime investor and founder of both Foundry Group in Boulder, Colorado, and Techstars, the now-global accelerator program, has a new book coming out next week called “The Startup Community Way: Evolving an Entrepreneurial Ecosystem.” In it, he and co-author Ian Hathaway offer some advice about how to make burgeoning startup communities as […] …Continue Reading

Reliance Jio continues to add billions of dollars to its bank account, Apple scores a tax victory in Europe and researchers test a system for undersea Wi-Fi (with lasers!). Here’s your Daily Crunch for July 15, 2020. Google invests $4.5 billion in India’s Reliance Jio Platforms Another giant tech company has invested in India’s largest […] …Continue Reading

Twitter’s stock slid as much as 4% in after-hours trading as the company tried to swat down hackers that had taken over the accounts of multiple high-profile users. Accounts belonging to Barack Obama, Elon Musk, Jeff Bezos, Kanye West, Joe Biden, Warren Buffet, Apple and many others had their accounts compromised Wednesday afternoon, all posting […] …Continue Reading

In a set of new lawsuits, two Illinois residents argue that three tech giants violated state laws prohibiting the use of personal biometric data without permission. Illinois residents Steven Vance and Tim Janecyk allege that images of their faces appeared in IBM’s “Diversity in Faces” database without their consent and were used to train facial […] …Continue Reading

StackHawk, the Denver-based software startup offering service to detect and fix security bugs, is doubling down on its support for the popular open source OWASP Zed Attack Proxy web app security scanner by bringing on board its founder, Simon Bennetts. At StackHawk, Bennetts will continue to focus on the development of the open source project, […] …Continue Reading

Virgin Galactic is shuffling its uppermost leadership ahead of the private space tourism company’s commercial service launch: It just announced Michael Colglazier, who had been President and Managing Director of Disney Parks International, will join as the new Virgin Galactic CEO, replacing George Whitesides who will assume the newly-created position of Chief Space Officer. Whitesides […] …Continue Reading

Amazon is giving live streamers a new way to earn commissions on purchases of products showcased in their streams. The company is today adding live streaming to its existing Amazon Influencer Program, which before today, allowed social media influencers to earn money by pointing fans to their favorite Amazon products through posts on Facebook, Twitter, […] …Continue Reading

Snap debuted its developer platform two years ago, and though it has amassed several hundred integrations inside third-party apps, the company is still looking to scale deeper relationships with the developers on Snap Kit. Today, the social media company announced Yellow Collabs. The remote 13-week program allows companies to dive deeper into integrating their apps […] …Continue Reading

Scooters, a common sight on the streets of Taiwan, give commuters an alternative to cars in the country’s densely-populated cities. But they also contribute to pollution and jam-packed parking spaces. Over the past few year, several companies haven taken on the challenge of creating more environmentally-friendly alternatives to traditional gas scooters. Gogoro is probably best-known […] …Continue Reading

Lemonade today launched pet insurance, marking its entry into a new vertical of insurance for the first time since it launched its renters/home owners insurance in 2016. Lemonade CEO Daniel Schreiber told TechCrunch back in February that some 70 percent of Lemonade customers with a home owners or renters policy are also pet owners, and […] …Continue Reading

There is a lot riding on the use of artificial intelligence technology to help us take giant leaps ahead in solving complex challenges — whether it’s medical breakthroughs, building better cybersecurity, or better navigation systems for cars and other moving objects. But the more advanced the application, the bigger the need for hardware that can […] …Continue Reading

Ravelin, the London-based company using machine learning to help companies fight fraud when accepting online payments, has raised $20 million in new funding. The Series C round is led by Draper Esprit, with participation from existing investors Amadeus Capital Partners, BlackFin Tech, and Passion Capital. Ravelin disclosed $10 million in Series B funding in September […] …Continue Reading

Layer is not trying to replace Excel or Google Sheets. Instead the Berlin-based productivity startup wants to make life easier for those whose job entails wrangling massive spreadsheets and managing data inputs from across an organization — such as for budgeting, financial reporting or HR functions — by adding a granular control access layer on […] …Continue Reading