Andreessen Horowitz triples down on blockchain startups with massive $2.2 billion Crypto Fund III

While the cryptocurrency market’s most recent hype wave seems to be dying down after a spectacular rise, Andreessen Horowitz’s crypto arm is reaffirming its commitment to startups building blockchain projects with a hulking new $2.2 billion crypto fund. It’s the firm’s large…

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WeWork India exposed visitors’ personal information and selfies

Visitor names, email addresses, phone numbers, and selfies were exposed to the internet.

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TikTok says ‘Project Texas’ will bolster security for U.S. users in wake of China data access concerns

Over the weekend, TikTok wrote to Republican Senators to assure them that it’s working on a program called “Project Texas” to bolster data security for U.S.-based users. This was in response to the Senators’ letter to the company dated June 27 that questioned its data access…

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Electronic Arts buys mobile game studio Playdemic for $1.4 billion

Video game giant Electronic Arts is continuing to make M&A moves as it looks to bulk up its presence in the mobile gaming world. Fresh off the $2.4 billion acquisition of Glu Mobile this past April, their biggest purchase to date, Electronic Arts announced Wednesday that they are buying Warner …

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Dear Sophie: What options would allow me to start something on my own?

I’ve been working on an H-1B in the U.S. for nearly two years, but I’m unhappy with my job. I want to start something of my own in the U.S. Are there any immigration options that would let me do that?

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These Forge co-founders just raised $5 million to work on a new, still-stealth investing startup

Sohail Prasad and Samvit Ramadurgam are co-founders who met during Y Combinator’s 2012 summer batch and went on to co-found Forge, which helps accredited investors and institutions buy and sell private company shares and which most recently raised $150 million in new funding in May. Forge &#8…

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Vercel raises $102M Series C for its front-end development platform

Vercel, the company behind the popular open-source Next.js React framework, today announced that it has raised a $102 million Series C funding round led by Bedrock Capital. Existing investors Accel, CRV, Geodesic Capital, Greenoaks Capital and GV also participated in this round, together with new i…

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Daily Crunch: Transmit Security’s $543M Series A is one for the record books

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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Pittsburgh’s Locomation puts a convoy twist on autonomous trucking

The Pittsburgh Strip District, once home to Industrial Age giants Alcoa, Heinz, U.S. Steel and Westinghouse, has evolved over the past decade into a technology and robotics hub, and notably, a testbed of autonomous vehicles.  That activity has more recently spilled out beyond Smallman Street, so-ca…

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Forto raises $240M in funding round led by SoftBank, taking its valuation to $1.2B

Freight technology startup, Forto, which we most recently covered when it raised $50 million late last year, is upping the stakes. It’s now raised $240 million in a round led by SoftBank Vision Fund 2 to expand its trade shipments between China and Europe. Forto manages shipping containers from ori…

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Holy Grail raises $2.7M seed fund to create modular carbon capture devices

The founders of Holy Grail, a two-year-old startup based in Mountain View, California, are taking a micro approach to solving the outsized problem of capturing carbon. The startup is prototyping a direct air carbon capture device that is modular and small — a departure from the dozens of projects i…

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