First Republic Bank (FRB), on the brink of collapse in the weeks after the Silicon Valley Bank crisis, has finally fallen over, but with a relatively quick resolution into its next chapter: today the Federal Deposit Insurance Corporation (FDIC) announced
Hey, TechCrunch people. If you’re looking for a recap of the week’s news in tech, you’ve come to the right place. It’s Week in Review (WiR), TechCrunch’s regular recap column. Glad to have you. Before we get on with the
On a balmy day in mid-April, thousands of people queued in line to enter the Hong Kong Convention Center where the city’s inaugural web3 festival was underway. Most had flown in from mainland China, but many others had trekked from
Reddit announced Thursday that it is testing Discord-like chat channels with select subreddits. With this move, the social network is trying to give more avenues for community members to interact with each other apart from the usual asynchronous commenting system.
Kakao Pay, the online payment service of South Korean messaging and internet giant Kakao, announced that it has acquired a stake in Siebert Financial, a brokerage firm based in New York. Kakao spent $17 million on this transaction and the
Lookout’s long-running transition to becoming an enterprise security company is all but complete, revealing today that it’s selling its consumer mobile security business to Finland’s F-Secure. Terms of the deal were not disclosed. Founded out of Boston in 2009, Lookout
The UK has signalled it will press ahead with an ex ante competition reform aimed at addressing the market muscle of Big Tech. The legislation will also aim to strengthen consumer rights by targeting fake reviews and subscription traps, with
After removing thousands of legacy verification checkmarks on April 20, Twitter is restoring the Blue tick marks for large accounts — even if they didn’t pay for subscriptions. Over the weekend, multiple top accounts (with more than 1 million followers)
Hello, friends, and welcome to the latest edition of Week in Review (WiR), the weekly newsletter where we recap the past several days (or so) in tech news. We’d argue that there’s no better way to get your news fix,
In Silicon Valley, some of the brightest minds believe a universal basic income (UBI) that guarantees people unrestricted cash payments will help them to survive and thrive as advanced technologies eliminate more careers as we know them, from white collar