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On March 14, Thorleifsson celebrated the completion of Ramp Up Iceland with a ribbon-cutting ceremony and the support of the mayor, prime minister, president, and other leaders of the municipal governments across Iceland. Now, the team plans to expand the initiative to Paris and Lviv, Ukraine.
As the invasion of Ukraine enters its third day, Russia has blocked access to Twitter in an apparent effort to stifle the flow of information, according to a report from the internet monitoring group NetBlocks. Fighting remains heated across Ukraine as Russian forces focus their attack on the capital city Kyiv.
The company paid the money on January 19, which the FAS says will go directly to the Russian budget at a time when the government is raising funds to support the war in Ukraine. The FAS imposed a fine of almost 1.2 billion roubles (around $13.65 million) on Apple in January. Read Entire Article
Researchers raised concerns that the account suspension could have been part of a mass reporting campaign intended to disable OSINT accounts during a Russian invasion. Supporters of Ukraine are concerned that the removal of Twitter accounts sharing OSINT from the region could benefit Russian military goals in the region.
Since March 11, when Candid last looked at the global philanthropic response to the Russian invasion of Ukraine, human suffering and economic devastation has only increased. In the meantime, individuals, governments, and private philanthropy fund relief on the ground, trying to keep up with displacement and need on a massive scale.
The decision comes as Ukraine has received cryptocurrency donations worth tens of millions of dollars from individuals and groups hoping to help the country’s war effort against Russia. Ukraine has legalized the crypto sector — @ZelenskyyUa signed a law. It is an important step towards the development of the VA market in Ukraine.
On February 24, Russia launched an invasion of neighboring Ukraine after months of a military build-up on its borders. The attack began with cyberattacks that targeted Ukrainian government departments with floods of internet traffic and data-wiping malware, followed by a ground, sea and air incursion.
New reports have emerged of hacking campaigns linked directly and indirectly to Russia’s war in Ukraine, with the stories shedding more light on an opaque element of the invasion: cyberwarfare. Many experts predicted that Russia would launch significant cyber attacks in Ukraine, shutting down the country’s electrical grid for example.
In an open letter published Friday afternoon, the Vice Prime Minister of Ukraine, Mykhailo Fedorov, called on Apple to stop supplying products and services to Russian users as a response to the country’s ongoing invasion. “I Photo by Pierre Crom/Getty Images.
In the rest of this newsletter, we’ll talk about All Raise’s new CEO, funds to back other funds and Ukraine. Fintech and Ukraine. The startup story within the war in Ukraine continues to evolve, with companies in the financial services sector having an especially crucial role and set of decisions to make.
The company announced Thursday alongside its first-quarter earnings report that it was raising prices of the variants of its luxury Air sedan, beginning June 1. Considering that Lucid disclosed it has 30,000 reservations for the Air, it will be awhile before the company sees the benefit from these raised prices.
That all changed this week after Russia invaded Ukraine, when its crowdfunding drew widespread attention, and its membership list ballooned to over 14,000 patrons, contributing a total of $436,966 a month. Our statement on the suspension of Come Back Alive, and the situation in Ukraine [link] — Patreon (@Patreon) February 25, 2022.
Today marks exactly one year since Russia’s illegal, unprovoked, and brutal of Ukraine. This week, a majority of the members of the United Nations reiterated its demand that Russia “immediately, completely and unconditionally withdraw all of its military forces from the territory of Ukraine and called for a cessation of hostilities”.
It sells in to heavy-weight customers where security is very much front of mind — including governments, militaries and regulated businesses with high compliance requirements around information (such as the finance and healthcare sectors). ” says co-MD and co-founder Alan Duric, chatting to TechCrunch via videocall. .
we are coordinating closely and working in lockstep with the governments of the US, EU, and the UK”. Microsoft is only the latest tech company to announce a stop in some of its services to Russia following Russia’s invasion of Ukraine. We have also acted against cyberattacks targeting several additional civilian sites.
Thomas Duscha, founder and CEO of Berlin-based battery swapping startup Swobbee , was in Poland visiting family in early March when the reach of the Ukraine crisis galvanized him to action. “I In the weeks since Russia began its invasion of Ukraine, more than 2.8 Transporting refugees from Ukraine. refugee agency. Donate here.
But projects get abandoned and picked up by others who plant backdoors or malware, or, as seen recently since Russia’s invasion of Ukraine, a rise in “protestware,” in which open source software developers alter their code to wipe the contents of Russian computers in protest of the Kremlin’s incursion.
Yandex looks to divest media assets : Following Russia’s invasion of Ukraine, isolation of the Russian economy is impacting companies large and small. In this case, the Russian government has beef with YouTube over some ads that are being run on its service. Hence raises $1.8M : Based in both Rwanda and the U.K.,
But today we have notes on what tech companies are doing in response to Russia’s invasion of Ukraine. Tech limits Russian government’s reach : The war in Ukraine is far from over, but the ability of the Russian state to push its own narrative is rapidly fading. And it just raised capital to keep at it. See you there!
Weeks ago, Ukraine-based influencer Kristina Korban’s TikTok was a steady stream of gym motivation and personal finance tips punctuated by trending audio. Korban’s videos about the war have become a go-to source for people outside of Ukraine who didn’t know much — if anything — about the country until a few weeks ago.
How tech is responding to Russia’s invasion of Ukraine : The technology world is a global industry, which means that when geopolitical conflicts arise, it impacts the world that TechCrunch covers directly. We have notes up on cyberattacks and companies in Ukraine. It just raised $140 million at a $1.5 The TechCrunch Top 3.
Twitter tries to restore service in Russia : While some tech companies are working to cut ties with Russia after the country’s government invaded Ukraine, others are trying to keep their services up in the country. It’s doing “farm-to-retail” work in the seafood world, and just raised $100 million more for its efforts.
Evan Smith believes that a key part of solving supply chain stability must involve enabling stakeholders, including businesses and governments, to build trust through a shared source of truth on the global supply chain. Altana has 20 customers at present, including brands like UPS and several undisclosed government agencies.
The company has raised a $20M A round, including $5 million in non-dilutive funding, which should put the first two thermal infrared satellites into orbit. Data is becoming as precious as water in precision agriculture, and Hydrosat aims to help provide both with a new set of Earth observation satellites.
Governments, public sector organizations and many private companies moved heaven and earth to ensure public safety and adequate supply of core services. Optimism ebbed away, and European edtech startups raised only about $400 million in the latter six months compared to $1.4 Quite clearly, spending reached unsustainable levels.
The latest tech response to Russia’s Ukrainian invasion: Non-Russian tech companies continued their work to isolate the Russian state after its government invaded neighboring Ukraine. Sorenson Ventures raises $150M fund : The Utah-based firm has made it to a second fund, raising a new vehicle that is 50% larger than its last.
Let’s do a proverbial cannonball into the startup pond: Software eats food distribution : Cerve raised $2 million for a wholesaler platform as post-COVID food distribution digitizes. Looking perky : A propos employment benefits, Compt just raised $13 million to make employee perks a bit more personalized.
The world of cybercrime is lucrative, but the arrests underscore that governments do find some of the malefactors trying to extort money from companies and individuals alike. The move comes after the Russian government blocked other non-Russian tech companies inside its borders. police made seven arrests. Startups and VC.
Many online communities are looking to decentralized autonomous organizations (DAO) to raise funds so they can bring their ideas to life, but without tools and software to make it easier for people to participate, adoption has been slow. The how and why of raising OT security capital. Image Credits: Bryce Durbin.
The billionaire claims the decision was made to avoid being “complicit in a major act of war,” but it also raises serious questions regarding the role of oligarchs in […] Elon Musk has confirmed that he in essence scuttled a Ukrainian military strike on Russia by refusing to allow Starlink to be used in the process.
And it’s against that backdrop that six-year-old Irish startup VRAI is setting out to capitalize on the surge in VR interest, raising a fresh tranche of funding to extend its flagship “hazardous environment awareness training” (HEAT) product into more environments — starting with the offshore wind industry. .
Although this year is no different in how we will once again come together virtually as a community for Nonprofit Summit, we’ll do so with heavy hearts for the devastation taking place in Ukraine and the surrounding regions.
My heart goes out to all of the people of Ukraine and our TechCrunch readers there. million in funding — $15 million of which was raised in a Series A led by Menlo Ventures and $3.4 It’s been really tough concentrating during the latter part of this week due to global events so forgive me if my tone is less upbeat than normal.
The Utah-based startup announced today it has raised a $10 million Series A led by Elevation Capital, with participation from Zoom Ventures, Xto10X, Nexus Venture Partners and Omidyar Network. Gumbad said that it was able to find opportunities for the Ukraine war and Pakistan floods in less than three days after news broke.
But one key component of its production — energy; electricity — is facing supply issues of its own in Europe at present, in the wake of Russia’s invasion of Ukraine. Since the Ukraine war started, Europe has been facing an exacerbated supply vs demand issue.
“Businesses and government agencies are looking for a new approach to keep their data safe regardless of where it is, especially in the cloud,” Ambuj Kumar told TechCrunch via email. Several recent, severe malware attacks have happened at the in-use state, including the Triton attack and the Ukraine power grid attack.
In 2021, crypto giving increased by 839% in 2021 , and campaigns like Crypto Giving Tuesday raised $2.4M Now, in 2022 it is clear crypto philanthropy is having its global watershed moment as over $80M has been donated via crypto to aid Ukraine in Q1 of 2022. If we lost you at ‘fiat’, then you might want to keep reading….
just raised north of $400 million in a single round. Technology and Ukraine: As you can imagine, the Russian invasion of Ukraine is in part a technology story. For example, Ukraine is accepting crypto donations, which TechCrunch covered here. has raised a huge round! It’s a whole thing. The TechCrunch Top 3.
The latest tech response to Russia’s Ukraine invasion: Today’s headlines are much the same as they have been, with major tech companies making moves to isolate the Russian government and economy. Colombian payment startup Yuno raises $10M : Reader demand for this piece was super strong, so we’re highlighting it today.
All Raise hires new CEO : A nonprofit focused on “increasing diversity within venture capital deals and decision-makers” per our reporting, All Raise now has a new boss. Evidence of that can be found today in Run:ai raising a $75 million round. And after raising a $1.5 I, for one, cannot wait. The TechCrunch Top 3 4.
supporting Ukraine in the Russian invasion. As Russian attacks on Ukraine have intensified, the U.S. government is increasingly concerned about Russia launching cyberattacks on American businesses, especially critical infrastructure. One security area that has been seeing particular interest of late is operational technology.
Welcome to the Daily Crunch for Friday, April 15, 2022, where we are continuing to stick our heads in the sand regarding the war in Ukraine and the Earth slowly roasting itself to a crisp in favor of … a loudmouthed billionaire wanting to buy a deranged bird sanctuary. PT, subscribe here.
Amazon suspends Prime Video in Russia : Adding to our ever-growing list of companies that are pausing or ending business in Russia after the nation’s government launched an invasion of neighboring Ukraine, Amazon is suspending Prime Video in the country. Guide, which just raised $8 million, is building for job candidates instead.
Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. Its biggest competitor, Bolt, raised “roughly 50 times that figure,” according to The Information. .
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