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Posts Tagged ‘Government’

TechCrunch Conversations: Direct listings

Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors directly to the market – bypassing the roadshow process and avoiding at least some of Wall ...

Facebook fears no FTC fine

Reports emerged today that the FTC is considering a fine against Facebook that would be the largest ever from the agency. Even if it were 10 times the size of the largest, a $22.5 million bill sent to Google in 2012, the company would basically laugh it off. Facebook is made of money. But the ...

Corruption at DJI may cost the company $150 million

DJI, the world's leading maker of consumer drones, said today that extensive corruption discovered within the company could lead to losses as great as $150 million in the 2018 financial year. The exact nature of the corruption is not stated, but it seems to involve dozens of people at the least. ...

‘Star Wars’ returns: Trump calls for space-based missile defense

The President has announced that the Defense Department will pursue a space-based missile defense system reminiscent of the one proposed by Reagan in 1983. As with Reagan's ultimately abortive effort, the technology doesn't actually exist yet and may not for years to come. ...

These are all the federal HTTPS domains that’ll expire soon because of the US government shutdown

We like to think of ourselves as nerds here at TechCrunch, which is why we’re bring you this. During the government shutdown, security experts noticed several federal websites were throwing back browser errors because the TLS certificate, which lights up your browser with “HTTPS” or flashes a padlock, on many domains had expired. And because ...

Shutdown could delay challenge of FCC’s net neutrality rollback

The ongoing shutdown of the federal government has already had adverse effects on millions nationwide, and now could even delay a major legal challenge to the FCC’s infamous net neutrality repeal. The agency moved yesterday to delay oral arguments scheduled for just two weeks from now. The arguments in a consolidated lawsuit against the FCC ...

HyperScience, the machine learning startup tackling data entry, raises $30 million Series B

HyperScience, the machine learning company that turns human readable data into machine readable data, has today announced the close of a $30 million Series B funding round led by Stripes Group, with participation from existing investors FirstMark Capital and Felicis Ventures as well as new investors Battery Ventures, Global Founders Fund, TD Ameritrade, and QBE. ...

YC-backed Upsolve is automating bankruptcy for everyone

The popular image of a Chapter 7 bankruptcy might be a large company like Enron failing, or maybe some lazy drifter trying to shirk their financial responsibilities. The reality is anything but those sorts of images. Today in America, the most common reason for bankruptcy is to discharge egregious sums of medical debt [1], which ...

Facebook is launching political ad checks in Nigeria, Ukraine, EU and India in coming months

Facebook is launching some of its self-styled ‘election security’ initiatives into more markets in the coming months ahead of several major votes in countries around the world. In an interview with Reuters the social networking giant confirmed it’s launching checks on political adverts on its platform in Nigeria, Ukraine and the European Union, reiterating too that ...

CERN’s plan for 100-km collider makes the LHC look like a hula hoop

The Large Hadron Collider has produced a great deal of incredible science, most famously the Higgs Boson — but physicists at CERN, the international organization behind the LHC, are already looking forward to the next model. And the proposed Future Circular Collider, at 100 kilometers or 62 miles around, would be quite an upgrade. ...