Startups

Apple patches nasty security bugs, HBO Max suddenly removes content, and a16z backs Neumann’s next thing

Comment

WeWork CEO Adam Neumann Visits Shanghai
Image Credits: Jackal Pan/Visual China Group / Getty Images

Hello hello! We’re back with another edition of Week in Review, the newsletter where we quickly recap the top stories to hit TechCrunch across the last seven days. Want it in your inbox? Sign up here. 

other stuff

a16z backs WeWork founder’s new thing: When a company implodes hard enough that it inspires a miniseries, would anyone back the founders again? It doesn’t seem to have dissuaded a16z, who recently put its biggest check ever into WeWork founder Adam Neumann’s next thing.

Black Girls Code founder fired by board: “Kimberly Bryant is officially out from Black Girls Code, eight months after being indefinitely suspended from the organization that she founded,” write Natasha Mascarenhas and Dominic-Madori Davis. Bryant has filed a lawsuit in response to the termination, alleging “wrongful suspension and conflict of interest.”

Google shutters IoT Core: Google’s IoT Core is a service meant to help device makers build internet-connected gadgets that connect to Google Cloud. This week, Google announced that they’re shutting it down, giving those device makers a year to figure out another solution.

Apple’s big security bug: Time to update your Apple devices! This week the company shipped critical patches that fix two (!) security issues that attackers seem to already be actively exploiting. The bugs involve Safari’s WebKit engine and can lead to an attacker having, essentially, full access to your device — so, really, go update.

HBO Max removing titles: HBO Max is merging with Discovery+, and for some reason this means a bunch of titles are getting the boot — and fast. I was going to tell everyone to go speed-binge their way through the incredible “Summer Camp Island” series before it’s gone, but apparently it already got removed. Find the full list of gone/soon-to-be-gone titles here.

TC battles stalkerware: Back in February, TechCrunch’s Zack Whittaker pulled back the curtain on a network of “stalkerware” apps that were meant to quietly gobble up a victim’s private text messages, photos, browsing history, etc. This week Zack launched a tool meant to help people determine if their Android phone — and thus, their private data — was impacted. We’ll hear more from Zack about this new tool below.

An illustration of a blue-lit phone with a location pointer over it, on a background of red and blue moving eyes.
Image Credits: Bryce Durbin / TechCrunch

audio stuff

What’s up in the world of TechCrunch podcasts? This week the Equity crew talked about why we need to “officially stop comparing Adam Neumann and Elizabeth Holmes,” and Burnsy talked with Ethena co-founder Roxanne Petraeus and Homebrew’s Hunter Walk about how to “sell the vision, not the business,” on TechCrunch Live.

additional stuff

What lies behind the TC+ paywall? Some really great stuff! Here’s a taste:

How does venture capital work?: It seems like a basic question, but it’s one we get…quite a lot. Haje, with his rare overlapping perspective as a reporter AND pitch coach AND former director at a VC fund, breaks it all down as only he can.

Planning to use your startup equity as collateral? Good luck: After years of work, you’ve managed to build up a ton of equity in the private company you’ve helped to build. Can you actually use it as collateral for anything? Compound’s Max Brenner walks us through the challenges.

writer spotlight: Zack Whittaker

Image Credits: Veanne Cao

This week we’re experimenting with a new section where we quickly catch up with one TechCrunch writer to hear a bit about them and the thing that’s on their mind this week. First up? The incredible, inimitable Zack Whittaker.

Who is Zack Whittaker? What do you do at TechCrunch?

Hi, I’m the security editor here, a.k.a. TechCrunch’s Bearer of Bad News, and I oversee the security desk. We uncover and report the big cybersecurity news of the day — hacks, data breaches, nation-state attacks, surveillance, and national security — and how it affects you, and the wider tech scene.

If you could snap your fingers and tell everyone in the world one thing about your beat, what would it be?

Think of cybersecurity as an investment for something you hope never happens, like a breach of your personal data. It’s better to get ahead of it now. Nowadays it’s easier than it’s ever been — and it’s never too late to start. Invest a small amount of time on three simple steps that make it so much tougher for hackers to break into your accounts or steal your data: Use a password manager, set up two-factor authentication everywhere you can, and keep your apps and devices up-to-date.

Tell me about this anti-stalkerware tool you launched this week

Back in February, TechCrunch revealed that a network of near-identical “stalkerware” apps share the same common security bug, which is spilling the private phone data of hundreds of thousands of Android device owners around the world. These malicious apps are planted by someone with access to your phone and designed to stay hidden, but silently steal a victim’s phone data, like messages, photos, call logs, location and more. Months later, we obtained a leaked list of every single device that was compromised by these apps. The data didn’t have enough information for us to identify or notify victims, so we built this lookup tool to allow anyone to check if their device was compromised — and how to remove the spyware, if it’s safe to do so.

Ugh. Okay. So someone grabs your phone, installs one of these sketchy apps while you’re not paying attention, the app rips your private data for the installer to snoop around… meanwhile, the app is leaking a bunch of data to anyone who knows where to look. Does it seem like the folks behind the stalkerware apps have any intention of stopping?

Not at all. The Vietnam-based group of developers behind the stalkerware network went to great lengths to keep their identities hidden (but not well enough). The number of compromised devices was growing daily, but with no expectation of a fix, we published our investigation to help alert victims to the dangers of this spyware. Nobody in civil society should be subject to this kind of invasive surveillance without their knowledge or consent.

Besides this tool (which is excellent!), what’s your favorite post you’ve written or thing you’ve done with TC?

In the four years I’ve been here? That’s tough! One I still think about often is the inside story of how two British security researchers in their early-20s helped to save the internet from the fast-spreading WannaCry ransomware malware in 2017, which spread around the world, locking up computers in NHS hospitals, shipping giants, and transport hubs, causing billions of dollars in damage. But when one of them found and registered a certain domain name in the malware’s code, the attack stopped dead in its tracks. They found the malware’s kill switch, making them overnight “accidental” heroes. But the only thing holding back another WannaCry outbreak was keeping the kill switch domain in their hands alive, despite efforts by bad actors to force it offline by overwhelming it with internet traffic. “Being responsible for this thing that’s propping up the NHS? Fucking terrifying,” one of the researchers told me at the time.

More TechCrunch

On Friday, Pal Kovacs was listening to the long-awaited new album from rock and metal giants Bring Me The Horizon when he noticed a strange sound at the end of…

Rock band’s hidden hacking-themed website gets hacked

Jan Leike, a leading AI researcher who earlier this month resigned from OpenAI before publicly criticizing the company’s approach to AI safety, has joined OpenAI rival Anthropic to lead a…

Anthropic hires former OpenAI safety lead to head up new team

Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more!  To get a roundup of…

The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space

YouTube’s free Playables don’t directly challenge the app store model or break Apple’s rules. However, they do compete with the App Store’s free games.

YouTube’s free games catalog ‘Playables’ rolls out to all users

Featured Article

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized…

3 hours ago
A comprehensive list of 2024 tech layoffs

OpenAI has formed a new committee to oversee “critical” safety and security decisions related to the company’s projects and operations. But, in a move that’s sure to raise the ire…

OpenAI’s new safety committee is made up of all insiders

Time is running out for tech enthusiasts and entrepreneurs to secure their early-bird tickets for TechCrunch Disrupt 2024! With only four days left until the May 31 deadline, now is…

Early bird gets the savings — 4 days left for Disrupt sale

AI may not be up to the task of replacing Google Search just yet, but it can be useful in more specific contexts — including handling the drudgery that comes…

Skej’s AI meeting scheduling assistant works like adding an EA to your email

Faircado has built a browser extension that suggests pre-owned alternatives for ecommerce listings.

Faircado raises $3M to nudge people to buy pre-owned goods

Tumblr, the blogging site acquired twice, is launching its “Communities” feature in open beta, the Tumblr Labs division has announced. The feature offers a dedicated space for users to connect…

Tumblr launches its semi-private Communities in open beta

Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers,…

Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp

Google said today it’s adding new AI-powered features such as a writing assistant and a wallpaper creator and providing easy access to Gemini chatbot to its Chromebook Plus line of…

Google adds AI-powered features to Chromebook

The dynamic duo behind the Grammy Award–winning music group the Chainsmokers, Alex Pall and Drew Taggart, are set to bring their entrepreneurial expertise to TechCrunch Disrupt 2024. Known for their…

The Chainsmokers light up Disrupt 2024

The deal will give LumApps a big nest egg to make acquisitions and scale its business.

LumApps, the French ‘intranet super app,’ sells majority stake to Bridgepoint in a $650M deal

Featured Article

More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or…

11 hours ago
More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Infra.Market, an Indian startup that helps construction and real estate firms procure materials, has raised $50M from MARS Unicorn Fund.

MARS doubles down on India’s Infra.Market with new $50M investment

Small operations can lose customers by not offering financing, something the Berlin-based startup wants to change.

Cloover wants to speed solar adoption by helping installers finance new sales

India’s Adani Group is in discussions to venture into digital payments and e-commerce, according to a report.

Adani looks to battle Reliance, Walmart in India’s e-commerce, payments race, report says

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet…

Ledger starts shipping its high-end hardware crypto wallet

A data protection taskforce that’s spent over a year considering how the European Union’s data protection rulebook applies to OpenAI’s viral chatbot, ChatGPT, reported preliminary conclusions Friday. The top-line takeaway…

EU’s ChatGPT taskforce offers first look at detangling the AI chatbot’s privacy compliance

Here’s a shoutout to LatAm early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at TechCrunch Disrupt 2024. But you’d better hurry — time is running…

LatAm startups: Apply to Startup Battlefield 200

The countdown to early-bird savings for TechCrunch Disrupt, taking place October 28–30 in San Francisco, continues. You have just five days left to save up to $800 on the price…

5 days left to get your early-bird Disrupt passes

Venture investment into Spanish startups also held up quite well, with €2.2 billion raised across some 850 funding rounds.

Spanish startups reached €100 billion in aggregate value last year

Featured Article

Onyx Motorbikes was in trouble — and then its 37-year-old owner died

James Khatiblou, the owner and CEO of Onyx Motorbikes, was watching his e-bike startup fall apart.  Onyx was being evicted from its warehouse in El Segundo, near Los Angeles. The company’s unpaid bills were stacking up. Its chief operating officer had abruptly resigned. A shipment of around 100 CTY2 dirt bikes from Chinese supplier Suzhou…

1 day ago
Onyx Motorbikes was in trouble — and then its 37-year-old owner died

Featured Article

Iyo thinks its GenAI earbuds can succeed where Humane and Rabbit stumbled

Iyo represents a third form factor in the push to deliver standalone generative AI devices: Bluetooth earbuds.

1 day ago
Iyo thinks its GenAI earbuds can succeed where Humane and Rabbit stumbled

Arati Prabhakar, profiled as part of TechCrunch’s Women in AI series, is director of the White House Office of Science and Technology Policy.

Women in AI: Arati Prabhakar thinks it’s crucial to get AI ‘right’

AniML, the French startup behind a new 3D capture app called Doly, wants to create the PhotoRoom of product videos, sort of. If you’re selling sneakers on an online marketplace…

Doly lets you generate 3D product videos from your iPhone

Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, as Musk shores up capital to aggressively compete with rivals including OpenAI, Microsoft,…

Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia

Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has…

Indian EV startup Zypp Electric secures backing to fund expansion to Southeast Asia

Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood,…

A venture capital firm looks back on changing norms, from board seats to backing rival startups