Tech News

Posted on March 9, 2023

How the FBI proved a remote admin tool was actually malware

On Thursday, the U.S. government announced that it had seized a website used to sell malware designed to spy on computers and cellphones. The malware is called NetWire, and for years several cybersecurity companies,

Posted on March 9, 2023

Mistakes were made (and that’s fine)

Forgive the scattered nature of this week’s Actuator. No big, overarching monologs this week — just a handful of things I’ve been thinking about lately that I’d like to get down on paper. I suppose that’s one of the

Posted on March 9, 2023

Venture firms are advising portfolio companies to move money out of SVB

Some venture capital firms, including some of the biggest names in the game, are advising their portfolio companies to remove money out of Silicon Valley Bank after the storied bank announced this morning that it

Posted on March 9, 2023

Silicon Valley Bank’s shares are tanking, as a mess unfolds

Shares of Silicon Valley Bank are down sharply Thursday in the wake of the company’s announcement that it is raising additional capital by selling stock, taking a charge to roll over an asset portfolio to

Posted on March 9, 2023

Silvergate’s shiny hinges have rusted as the crypto bank plans to shut down

To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Welcome back to Chain Reaction. On Wednesday, Silvergate Capital, a

Posted on March 9, 2023

ChatGPT comes to Microsoft’s enterprise-focused, Azure-powered managed service

ChatGPT, OpenAI’s viral, AI-powered chatbot tech, is now available in a more enterprise-friendly package. Microsoft today announced that ChatGPT is generally available through the Azure OpenAI Service, the company’s

Posted on March 9, 2023

Pitch Deck Teardown: MiO Marketplace’s $550K angel deck

Welcome to our 40th Pitch Deck Teardown! Goodness, time flies. Of those 40, just three were angel rounds, so today, we’ll take apart the angel deck of MiO Marketplace, a platform for media publishers and buyers. The

Posted on March 9, 2023

Railsr, the UK embedded fintech once valued at nearly $1B, goes into bankruptcy protection under new consortium owner

Startups are facing a moment of reckoning in the current economic climate, and today one of the more promising in the world of fintech has cracked under the pressure. Railsr, the London, UK embedded finance startup

Posted on March 9, 2023

Arrival is running out of cash — and fast

The high-cost of trying to develop and produce vehicles, a business pivot and three restructurings has taken a toll on commercial EV maker Arrival. And it doesn’t look like it’s going to get any easier for the

Posted on March 9, 2023

Loft makes working with virtualized Kubernetes clusters easier

Loft Labs helps developers — and the businesses that employ them — more efficiently use their Kubernetes clusters by virtualizing Kubernetes itself. This makes it easier to share a single Kubernetes cluster with

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