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Tech News

  • Posted on July 11, 2023

The era of tech layoffs is evolving in an interesting way

The era of tech layoffs is not yet past, but it is losing some of its intensity and changing into a unique trend. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The

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  • Posted on July 11, 2023

Prompt engineering startup Vellum.ai raises $5M as demand for generative AI services scales

This morning, Vellum.ai said it had closed a $5 million seed round. The company declined to share who its lead investor was for the round apart from noting that it was a multi-stage firm, but it did tell TechCrunch

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  • Posted on July 11, 2023

Apple Opens Up Its Online Store to 1.2 Billion WeChat Users

Apple, the Cupertino-based tech giant, has made a strategic move by launching its own online store on WeChat, China’s popular messaging and social media platform owned by Tencent. This expansion into the Chinese

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  • Posted on July 11, 2023

India deals a 28% tax blow to online gaming firms

India unveiled a significant tax increase on turnovers of online gaming companies on Tuesday evening in a major blow to the fast-growing industry that was quick to label the move as “catastrophic” and

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  • Posted on July 11, 2023

This VC firm uses personality tests and AI to find its next investments

Investors are throwing money at AI startups (perhaps not as much as you might think), so it’s no wonder that we’re starting to see them leaning on the technology to leverage their most precious resource: Time. In an

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  • Posted on July 11, 2023

Discord introduces new opt-in parental controls for teens

Discord is introducing a new Family Center opt-in-tool that is designed to make it easy for parents and guardians to learn more about who their teens are friends with and talk to on the platform, the company

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  • Posted on July 11, 2023

Banks, hotels and hospitals among latest MOVEit mass-hack victims

The MOVEit mass-hack has claimed yet more victims, including hotel chain Radisson, U.S.-based 1st Source Bank, real estate giant Jones Lang LaSalle, and Dutch GPS company TomTom. The Clop ransomware gang, which

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  • Posted on July 11, 2023

Collective, a financial management platform for freelancers, raises $50M

Collective, a platform and advisory team that provides bookkeeping, payroll and tax advice to freelancers, today announced it raised $50 million in a funding round led by Gradient Ventures, Innovius Capital, The

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  • Posted on July 11, 2023

Backed by Gradient, Fileread use LLMs to make legal discovery more efficient

Legal discovery is one of the most time-consuming parts of litigation and typically involves team of specialists combing through towers of documents. Fileread, a startup that uses large language learning models

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  • Posted on July 11, 2023

Savvy, a platform to secure SaaS apps, launches out of stealth with $30M

Software-as-a-service (SaaS) apps are an essential part of how many companies do business. But when the number of apps grows beyond a certain threshold, it can be difficult to secure them. According to Statista, in

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