California’s Privacy Act: What you need to know now

This week California’s attorney general, Xavier Becerra, published draft guidance for enforcing the state’s landmark privacy legislation. The draft text of the regulations under the California Consumer Privacy Act (CCPA) will undergo a public consultation period, including a number of public hearings, with submissions open until December 6 this year. The CCPA itself will take […]

Cryptocurrency’s bad day continues as the SEC blocks Telegram’s $1.7 billion planned token sale

Cryptocurrency’s bad news day continues to get worse as the U.S. Securities and Exchange Commission has said it has filed an emergency action and received a restraining order for the $1.7 billion planned token offering of Telegram’s blockchain. The move from the SEC follows the continued dissolution of the corporate alliance that was supporting Facebook’s […]

Nexkey raises $6M Series A round to make your company’s doors smarter

Nexkey, a company that provides a mobile access control solution for commercial buildings and workspaces, today announced that it has raised a $6 million Series A round led by Upfront Ventures. K9 Ventures, Mark IV Capital and Anand Chandrasekaran, the former Head of Platform for Messenger at Facebook, also participated in the round. Upfront also […]

China attacks Apple for allowing Hong Kong crowdsourced police activity app

Apple’s decision to greenlight an app called HKmaps, which is being used by pro-democracy protestors in Hong Kong to crowdsource information about street closures and police presence, is attracting the ire of the Chinese government. An article in Chinese state mouthpiece, China Daily, attacks the iPhone maker for reversing an earlier decision not to allow […]

Europe’s recharged antitrust chief makes her five-year pitch to be digital EVP

Europe’s competition commissioner Margrethe Vestager, set for a dual role in the next Commission, faced three hours of questions from members of four committees in the European Parliament this afternoon, as MEPs got their chance to interrogate her priorities for a broader legislative role that will shape pan-EU digital strategy for the next five years. […]

Checking in on the state of ISAs

Income share agreements (ISAs) rose to public awareness this year — if measured in press articles and discussion on “VC Twitter” — after several years of niche experimentation among a small community of education advocates. An ISA in a financing model where the student participates in an education program without paying tuition, then pays a […]

Why we’re still waiting on the Postmates S-1

In a wide-ranging conversation at TechCrunch Disrupt San Francisco last week, Postmates co-founder and chief executive officer Bastian Lehmann made light of the company’s lack of IPO documents. The San Francisco-based on-demand delivery business was expected to publicly file its IPO prospectus in September in preparation for a fall exit, sources familiar with the matter […]

Facebook is being leaned on by US, UK, Australia to ditch its end-to-end encryption expansion plan

Here we go again. Western governments are once again dialing up their attack on end-to-end encryption — calling for either no e2e encryption or backdoored e2e encryption so platforms can be commanded to serve state agents with messaging data in “a readable and usable format.” U.S. Attorney General William Barr, acting U.S. Homeland Security Secretary […]

Here’s how much the all-electric Polestar 2 will cost in its launch markets

Volvo group’s Polestar electric performance car sub-brand has announced pricing for the Polestar 2, the company’s second production car, a four-door mid-sized fastback that will begin production in 2020 and start shipping as early as next June. Starting prices are set at between 58,800€ (around $63,720 U.S.). Those prices include three years of service and […]

Elizabeth Warren bites back at Zuckerberg’s leaked threat to K.O. the government

Presidential candidate Senator Elizabeth Warren has responded publicly to a leaked attack on her by Facebook CEO Mark Zuckerberg, saying she won’t be bullied out of taking big tech to task for anticompetitive practices. Warren’s subtweeting of the Facebook founder follows a leak in which the Verge obtained two hours of audio from an internal […]