Prosus in talks to sell Olx Autos business in India, other markets

Prosus is actively engaging with multiple players to explore sale of classified business Olx’s Autos unit in several markets including India and Indonesia, according to a source familiar with... Read more »

Meta is working on a decentralized social app

If there is a social media phenomenon getting some kind of popularity, Meta will try and jump in. We have seen the company copy different kinds of formats ranging... Read more »

Daily Crunch: Bach to the future – Forthcoming Apple Music Classical app will feature 5M tracks

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello crunchers! Christine is off for... Read more »

With this brain map we are one step closer to total fruit fly simulation

In a way, fruit flies are just like us. They have eyes, legs, nervous systems, and they love fruit. Unlike us, however, they only have a few thousand neurons... Read more »

Some SVB customers are struggling to wire funds out of the bank

Some of Silicon Valley Bank’s customers are struggling to transfer funds out of their bank accounts, numerous sources tell TechCrunch. The seeming wave of attempted withdrawals comes after SVB... Read more »

Silicon Valley Bank shoots self in foot

It may go down in the history books about Silicon Valley: the time that its most prominent bank, a bank founded nearly 40 years earlier, inflicted such grievous injury... Read more »

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... Read more »

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... Read more »

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... Read more »

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... Read more »
Subscribe to our Newsletter