Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B

Australia-based Airwallex is the latest tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million Series C round that values its business above $1 billion. Started in Melbourne in 2015 by four Chinese founders, Airwallex provides a service that lets companies manage cross-border revenue and financing […]

Android users’ security and privacy at risk from shadowy ecosystem of pre-installed software, study warns

A large-scale independent study of pre-installed Android apps has cast a critical spotlight on the privacy and security risks that preloaded software poses to users of the Google developed mobile platform. The researchers behind the paper, which has been published in preliminary form ahead of a future presentation at the IEEE Symposium on Security and […]

Telegram adds ‘delete everywhere’ nuclear option — killing chat history

Telegram has added a feature that lets a user delete messages in one-to-one and/or group private chats, after the fact, and not only from their own inbox. The new ‘nuclear option’ delete feature allows a user to selectively delete their own messages and/or messages sent by any/all others in the chat. They don’t even have […]

The ethics of internet culture: a conversation with Taylor Lorenz

Taylor Lorenz was in high demand this week. As a prolific journalist at The Atlantic and about-to-be member of Harvard’s prestigious Nieman Fellowship for journalism, that’s perhaps not surprising. Nor was this the first time she’s had a bit of a moment: Lorenz has already served as an in-house expert on social media and the […]

What’s the cost of buying users from Facebook and 13 other ad networks?

Google Search, Google Shopping, Facebook, Instagram, YouTube, Quora, Snapchat, LinkedIn & more Julian Shapiro 3 days Julian Shapiro Contributor Julian Shapiro is the founder of BellCurve.com, a growth marketing agency that trains you to become a marketing professional. He also writes at Julian.com. More posts by this contributor Which types of startups are most often […]

Daily Crunch: Facebook admits password security lapse

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook admits it stored ‘hundreds of millions’ of account passwords in plaintext Prompted by a report by cybersecurity reporter Brian Krebs, […]

Facebook staff raised concerns about Cambridge Analytica in September 2015, per court filing

Further details have emerged about when and how much Facebook knew about data-scraping by the disgraced and now defunct Cambridge Analytica political data firm. Last year a major privacy scandal hit Facebook after it emerged CA had paid GSR, a developer with access to Facebook’s platform, to extract personal data on as many as 87 […]

Facebook’s AI couldn’t spot mass murder

Facebook has given another update on measures it took and what more it’s doing in the wake of the livestreamed video of a gun massacre by a far right terrorist who killed 50 people in two mosques in Christchurch, New Zealand. Earlier this week the company said the video of the slayings had been viewed […]

Facebook admits it stored ‘hundreds of millions’ of account passwords in plaintext

Flip the “days since last Facebook security incident” back to zero. Facebook confirmed Thursday in a blog post, prompted by a report by cybersecurity reporter Brian Krebs, that it stored “hundreds of millions” of account passwords in plaintext for years. The discovery was made in January, said Facebook’s Pedro Canahuati, as part of a routine […]

Erectile pharmacy app Ro launches telehealth service for women

Six months ago, Roman, the cloud pharmacy for erectile dysfunction, dropped the “man” to become “Ro.” At the same time, the company raised a monstrous Series A funding round of $88 million and unveiled Zero, a product meant to help people quit smoking, a root cause of ED. Now, Ro is addressing a different demographic. […]