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Daily Crunch: Squarespace files to go public

Squarespace is going public, Apple shares some music payment details and Twitter bans the founder of the right-wing media organization Project Veritas. This is your Daily Crunch for April 16, 2021. The big story: Squarespace files to go public Squarespace has filed to go public via direct listing on the New York Stock Exchange, under […]

Peloton responds to concerns over Apple GymKit integration

Third-party hardware integration can be a tricky thing. Peloton this week raised some eyebrows by dropping Apple GymKit compatibility for its Bike Bootcamp program. Users were, naturally, quick to react. The situation left some wondering whether the move was a direct response to Apple’s recent entry into the home exercise market with Fitness+. A Peloton […]

Pakistan temporarily blocks social media

Pakistan has temporarily blocked several social media services in the South Asian nation, according to users and a government-issued notice reviewed by TechCrunch. In an order titled “Complete Blocking of Social Media Platforms,” the Pakistani government ordered Pakistan Telecommunication Authority to block social media platforms including Twitter, Facebook, WhatsApp, YouTube, and Telegram from 11am to […]

SoftBank in talks to invest up to $500 million in Swiggy

SoftBank Vision Fund 2 is in advanced stages of talks to invest up to half a billion dollars into food delivery startup Swiggy, two sources familiar with the matter told TechCrunch. The new investment values the Indian startup at about $5.5 billion, the sources said. The new investment would add to the $800 million fundraise Swiggy […]

Messaging app Wire raises $21 million

Wire, the end-to-end encrypted messaging app and service, has raised a $21 million Series B funding round led by UVC Partners. As the company said a couple of years ago, the company is focusing on the enterprise market more than ever. While Wire started as a consumer app, it never managed to attract hundreds of […]

FBI launches operation to remove backdoors from hacked Microsoft Exchange servers

A court in Houston has authorized an FBI operation to “copy and remove” backdoors from hundreds of Microsoft Exchange email servers in the United States, months after hackers used four previously undiscovered vulnerabilities to attack thousands of networks. The Justice Department announced the operation on Tuesday, which it described as “successful.” In March, Microsoft discovered […]
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