2018 really was more of a dumpster fire for online hate and harassment, ADL study finds

Around 37 percent of Americans were subjected to severe hate and harassment online in 2018, according to a new study by the Anti-Defamation League, up from about 18 percent in 2017. And more than half of all Americans experienced some form of harassment, according to the ADL study. Facebook users bore the brunt of online […]

No, Tencent isn’t about to burn Reddit down

Ahoy, it’s doom and gloom for Reddit after the company welcomed investment from Chinese censorship overlord Tencent. Well, not quite. The reality is, in fact, it’s quite the opposite. In recruiting the company behind one of the internet’s largest and vibrant social networks — chat app WeChat — and countless blockbuster games, Reddit has pulled off […]

Reddit confirms $300M Series D led by China’s Tencent at $3B value

Last week TechCrunch reported that Reddit was raising $150 million from Chinese tech giant Tencent and up to $150 million more in a Series D that would value the company at $2.7 billion pre-money or $3 billion post-money. After no-commenting on our scoop, today Reddit confirmed it’s raised $300 million at $3 billion post-money, with […]

Startups Weekly: Spotify gets acquisitive and Instacart screws up

Did anyone else listen to season one of StartUp, Alex Blumberg’s OG Gimlet podcast? I did, and I felt like a proud mom this week reading stories of the major, first-of-its-kind Spotify acquisition of his podcast production company, Gimlet. Spotify also bought Anchor, a podcast monetization platform, signaling a new era for the podcasting industry. On […]

Reddit is raising a huge round near a $3 billion valuation

Reddit is raising $150 million to $300 million to keep the front page of the Internet running, multiple sources tell TechCrunch. The forthcoming Series D round is said to be led by Chinese tech giant Tencent at a $2.7 billion pre-money valuation. Depending on how much follow-on cash Reddit drums up from Silicon Valley investors […]

The nation-state of the internet

The internet is a community, but can it be a nation-state? It’s a question that I have been pondering on and off this year, what with the rise of digital nomads and the deeply libertarian ethos baked into parts of the blockchain community. It’s clearly on a lot of other people’s minds as well: when […]

Facebook’s election interference problem exponentially worse on eve of midterms, study suggests

An analysis of political advertisers running extensive campaigns on Facebook targeting users in the United States over the past six months has flagged a raft of fresh concerns about its efforts to tackle election interference — suggesting the social network’s self regulation is offering little more than a sham veneer of accountability. Dig down and […]

Who do you trust?

Another week, another high-profile hack. This week it was (checks notes) Reddit. What makes this one marginally more interesting is that the victims were using two-factor authentication, i.e. SMS codes texted to them to verify their identities when their accounts were accessed — which turned out to be little more than a speed bump for […]

Surprise! Top sites still fail at encouraging non-terrible passwords

You would think that Amazon, Reddit, Wikipedia and other highly popular websites would by now tell you that “password1” or “hunter2” is a terrible password — just terrible. But they don’t. A research project that has kept tabs on the top sites and their password habits for the last 11 years shows that most provide […]

Truepic raises $8M to expose Deepfakes, verify photos for Reddit

How can you be sure an image wasn’t Photoshopped? Make sure it was shot with Truepic. This startup makes a camera feature that shoots photos and adds a watermark URL leading to a copy of the image it saves, so viewers can compare them to ensure the version they’re seeing hasn’t been altered. Now Truepic’s […]