General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800 million and $1 billion, according to a person familiar with the plans. A continuation fund consists of a portion of stakes that the VC firm has in portfolio companies. With around $25 […]

Venture capital firm NFX laid off four employees in September as the firm looks to “rebalance” its resources from its software and product teams to its investing team, general partner Pete Flint told TechCrunch. The layoffs included one product leader and three engineers, Flint said. About a week ago, Amy Lin, chief product officer since […]

We’re excited to announce the debut of the ScaleUp Startup Exhibitor Program at TechCrunch Disrupt 2024! Join us at Moscone West in San Francisco from October 28-30 to meet an exciting lineup of startups that are poised to make their mark in the tech world. The ScaleUp Startup Exhibitor Program offers Series A and B […]

South Korean MLOps platform VESSL AI is trying to carve out a niche for itself by focusing on optimizing for GPU expenses using hybrid infrastructure.

MoneyGram has confirmed that hackers stole customers' personal information and transaction data in a September cyberattack that caused a five-day outage....

Home and small business security company ADT disclosed it suffered a breach after threat actors gained access to its systems using stolen credentials and exfiltrated employee account data....

On Friday night, cryptocurrency scammers briefly hacked the LEGO website to promote a fake Lego token that could be purchased with Ethereum....

Chinese government hackers penetrated the networks of several large US-based Internet service providers and may have gained access to systems used for court-authorized wiretaps of communications networks, The Wall Street Journal reported Saturday. "People familiar with the matter" told the WSJ that hackers breached the networks of companies including Verizon, AT&T, and Lumen (also known as CenturyLink). "A cyberattack tied to the Chinese government penetrated the networks of a swath of US broadband providers, potentially accessing information from systems the federal government uses for court-authorized network wiretapping requests," the WSJ wrote. "For months or longer, the hackers might have held access to network infrastructure used to cooperate with lawful US requests for communications data, according to people familiar with the matter." These "attackers also had access to other tranches of more generic Internet traffic," according to the WSJ's sources. The attack is being attributed to a Chinese hacking group called Salt Typhoon. Read full article