April 17, 2024, 1:05 AM

Top News

Connor Jones / The Register:
UnitedHealth says the February ransomware attack on Change Healthcare cost the company $872M in Q1; another ransomware group appears to be extorting the company  —  First glimpse at attack financials reveals huge pain  —  UnitedHealth, parent company of ransomware-besieged Change Healthcare …
Rob Golum / Bloomberg:
Filing: Take-Two plans to lay off 5% of its workforce, expecting to incur up to $200M in charges as part of the downsizing, including $140M from canceled titles  —  The company sees expenses of up to $200 million as part of the effort, including as much as $140 million from canceled projects …
Priya Anand / Bloomberg:
Sensor Tower: Naval Ravikant and Brian Norgard's audio-focused invitation-only social app Airchat has been downloaded 30K+ times since it relaunched this month  —  - The app feels like a combination of voice notes and Twitter  — Invite-only Airchat has won over VCs and early adopters
Dell Cameron / Wired:
The Senate is set to vote on RISAA, which reauthorizes FISA's Section 702 and could force new types of businesses to eavesdrop on Americans without a warrant  —  A controversial bill reauthorizing the Section 702 spy program may force whole new categories of businesses to eavesdrop …
Benjamin Sandofsky / Sandofsky:
How Humane's attempt to build its Ai Pin “The Apple Way” led to disastrous results, after taking six years to build it and raising $230M  —  Why You Can't Build Apple with Venture Capital  —  An ex-Apple designer who went on to startup success once told me …
Ingrid Lunden / TechCrunch:
Herlev, Denmark-based Flatpay, which offers payment services to retail shops, restaurants, salons, and more, raised a €45 Series B led by Dawn Capital  —  As the world waits for $65 billion payments tech giant Stripe to go public, a wave of smaller startups continues to roll into the market to pick up more payments business.
Tel Aviv-based Cynomi, which offers an AI-powered virtual CISO service for managed service providers, raised a $20M Series A led by Canaan  —  Cynomi, a Tel Aviv, Israel-based vCISO platform provider for MSPs and MSSPs, raised $20M in funding.  —  The round was led by Canaan, with Flint Capital …
More: Cynomi and Pulse 2.0
Natasha Lomas / TechCrunch:
Apple debuts web distribution of iOS apps to EU users, allowing qualifying devs who opt in to its Core Technology Fee to offer direct downloads from their sites  —  Apple is opening up web distribution for iOS apps targeting users in the European Union from today.
Lizette Chapman / Bloomberg:
Andreessen Horowitz raised $7.2B, including $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4%  —  Andreessen Horowitz, one of Silicon Valley's biggest venture capital firms, has raised $7.2 billion in new funding — a sizable haul after a rocky period for the startup world.
Financial Times:

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More News

PA Media:
Todd Spangler / Variety:
Paul Alcorn / Tom's Hardware:
Raphael Satter / Reuters:

Earlier Picks

Abner Li / 9to5Google:
Jane Lanhee Lee / Bloomberg:
Vittoria Elliott / Wired:
Jennifer A. Kingson / Axios:
Stephen Nellis / Reuters: