No grace period after Schrems II Privacy Shield ruling, warn EU data watchdogs

European data watchdogs have issued updated guidance in the wake of last week’s landmark ruling striking down a flagship transatlantic data transfer mechanism called Privacy Shield. In an FAQ on the Schrems II judgement, the European Data Protection Board (EDPB) warns there will be no regulatory grace period. The EU-US …...Read More

Watch the first TechCrunch Early Stage ‘Pitch Deck Teardown’

Have you ever taken something apart, like a clock or a motor? The method is particularly useful when it comes to learning how things work — or how they don’t, in some cases. During TechCrunch’s Early Stage event, two venture capitalists took pitch decks and evaluated them with a critical …...Read More

Early-bird savings for Disrupt 2020 ends next week

Whether you’re an early-stage startup founder, investor, enthusiast or another integral member of the community, you can’t afford to miss Disrupt 2020 — THE tech conference at the epicenter of the startup ecosystem. Here’s something else you can’t afford to miss — early-bird pricing. Buy your pass before July 31 …...Read More

Revolut extends Series D round to $580 million with $80 million in new funding

Fintech startup Revolut just announced that it has raised $80 million as part of its Series D round that it announced in February. The new influx of funding comes from TSG Consumer Partners. In February, Revolut raised a $500 million led by TCV at a $5.5 billion valuation. Today’s new …...Read More

Instacart blames reused passwords for account hacks, but customers are still without basic two-factor security

Online shopping service Instacart says reused passwords are to blame for a recent spate of account breaches, which saw personal data belonging to hundreds of thousands of Instacart customers stolen and put up for sale on the dark web. The company published a statement late on Thursday saying its investigation …...Read More

Investments in bioproducts surge as Geltor nabs new money

The manufacturer of a vegan collagen, Geltor, has raised a new round of financing — $90 million, according to people familiar with the company. It’s another sign of the newfound viability of sustainability and cell-based, vegetarian replacements for animal products. Sustainable bio-products, whether plant-based, genetically modified or cell-cultured, are having …...Read More

Data from Dutch public broadcaster shows the value of ditching creepy ads

For anyone interested in the contested question of how much ‘value’ — or, well, how little — publishers derive from the privacy-hostile practice of tracking web users to behaviorally target them with ads, pro-privacy browser Brave has published some interesting data, obtained (with permission) from the Netherland’s public broadcaster, NPO. …...Read More

Entri raises $3.1M to build a vernacular language ‘Udemy for India’

Scores of online learning startups have emerged in India in recent years to serve school-age students. More than 250 million students are enrolled across schools in urban and rural parts of the country. Whether one is in kindergarten, or preparing to join a college to pursue an undergraduate course, there …...Read More

PlayVS founder Delane Parnell is coming to Disrupt 2020

Gaming has always been one of the world’s most massive niches, but as game-streaming and esports have drifted to the forefront of mainstream culture, it’s clear that there’s plenty of room left for the industry to expand. One harbinger of this shift has been the widespread adoption of esports leagues …...Read More

Are insurtech startups undervalued?

On the heels of Hippo’s funding round and our exploration of how the private markets appear to be more conservative than public investors at the moment, we’re asking a new question: are a bunch of insurtech startups undervalued? Hippo — an insurtech startup focused on home insurance — put together …...Read More