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Tech giant Oracle faces scrutiny over handling of data breaches
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Tech giant Oracle faces scrutiny over handling of data breaches

Tech giant Oracle is under fire for its response to two separate data breaches, one of which remains ongoing despite the company’s denial of any security compromise. The second breach involves a cybersecurity incident affecting patient data under its healthcare subsidiary, Oracle Health. The latest reported breach involves Oracle Health, a division formed after Oracle’s […]

Dropbox faces investor pressure to end founder control
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Dropbox faces investor pressure to end founder control

Cloud storage provider Dropbox is under pressure from activist investor Half Moon Capital to eliminate its dual-class share structure, which grants CEO and co-founder Drew Houston a voting supermajority, according to a report by The Wall Street Journal on Monday. Half Moon Capital, a small hedge fund, has criticized Dropbox’s slowing revenue growth and its […]

Yahoo sells TechCrunch to media investment firm Regent
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Yahoo sells TechCrunch to media investment firm Regent

Yahoo has reached an agreement to sell its long-standing technology news website, TechCrunch, to media investment firm Regent, the companies announced on Friday. TechCrunch, a widely recognized platform covering global tech companies, startups, and entrepreneurs, was originally part of the media assets owned by Verizon Communications. In 2021, private equity firm Apollo Global Management acquired […]

Michael Seibel steps back from Y Combinator after 12 years
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Michael Seibel steps back from Y Combinator after 12 years

Y Combinator co-founder, Michael Seibel announced late Wednesday on X that he is transitioning to a “partner emeritus” role, marking the end of his 12-year tenure at the renowned startup accelerator. Y Combinator CEO Garry Tan confirmed the news in a company blog post, reflecting on Seibel’s deep ties with YC. Seibel first joined the […]

HR tech company Rippling sues rival Deel for alleged corporate espionage
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HR tech company Rippling sues rival Deel for alleged corporate espionage

Human Resources tech company Rippling on Monday filed a suit against its Deel, accusing the company of racketeering, misappropriation of trade secrets, unfair competition, and aiding and abetting a breach of fiduciary duty. The lawsuit, spanning 50 pages, revolves around allegations that a former Rippling employee acted as a corporate spy for Deel. Deel has […]

Adobe to launch Photoshop for mobile users
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Adobe to launch Photoshop for mobile users

Adobe announced on Tuesday that it is bringing Photoshop to mobile phones for the first time, offering both a free version and a lower-cost subscription plan at $7.99 per month. Long considered the gold standard in digital image editing since its launch in 1990, Photoshop has traditionally been a paid service. Until now, the most […]

Users panic as Canva image uploads, editing fail
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Users panic as Canva image uploads, editing fail

Popular graphic design platform Canva suffered a major outage on Tuesday, leaving users unable to upload or edit images. The disruption sparked frustration among creatives and professionals who depend on the tool for their work, according to Downdetector, a site that monitors service interruptions, over 421 reports were logged, with most complaints centered around image […]

Adobe unveils Firefly video model, announces subscription
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Adobe unveils Firefly video model, announces subscription

Adobe has introduced the first public version of its artificial intelligence-powered video-generation tool, the Firefly Video Model, while also disclosing its initial pricing structure. However, the company stated that pricing for major clients, such as film and television studios, will be determined later this year. The Firefly Video Model enters a competitive landscape that includes […]

InDrive introduces bank transfer feature in Nigeria
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InDrive introduces bank transfer feature in Nigeria

Ride-hailing service InDrive has launched a bank transfer feature in Nigeria, allowing passengers to pay drivers directly without an integrated in-app payment system. The feature, dubbed “Light Cashless,” enables drivers to display their preferred bank account details within the app, which passengers can copy and paste for payment. With this rollout, InDrive becomes the first […]

WordPress dispute escalates as CEO Matt Mullenweg deactivates key accounts
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WordPress dispute escalates as CEO Matt Mullenweg deactivates key accounts

Automattic CEO and WordPress co-creator Matt Mullenweg has deactivated the accounts of several prominent members of the WordPress.org community, including two individuals who, he claims, were planning to lead a new fork of the open-source WordPress project. Tensions surrounding WordPress governance are not new, but the situation recently reached a boiling point after Mullenweg publicly […]

US tech giants urge Biden to rethink AI chip regulation
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US tech giants urge Biden to rethink AI chip regulation

Major United States tech companies, including Amazon, Microsoft, and Meta, are urging President Joe Biden to reconsider a proposed regulation that would impose sweeping restrictions on global AI chip exports. Under the umbrella of the Information Technology Industry Council, these companies have raised alarms about the potential impact of the new rule, warning that it […]

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