Facebook could face billions in potential damages as court rules facial recognition lawsuit can proce

Facebook is facing exposure to billions of dollars in potential damages as a federal appeals court on Thursday rejected Facebook’s arguments to halt a class action lawsuit claiming it illegally collected and stored the biometric data of millions of users. The class action lawsuit has been working its way through the courts since 2015, when […]

Unveiling its latest cohort, Alchemist announces $4 million in funding for its enterprise accelerator

The enterprise software and services focused accelerator, Alchemist has raised $4 million in fresh financing from investors BASF and the Qatar Development Bank, just in time for its latest demo day unveiling 20 new companies. Qatar and BASF join previous investors including the venture firms Mayfield, Khosla Ventures, Foundation Capital, DFJ, and USVP, and corporate […]

Manufacturing giant Aebi Schmidt hit by ransomware

Aebi Schmidt, a European manufacturing giant with operations in the U.S., has been hit by a ransomware attack, TechCrunch has learned. The Switzerland-based maker of airport maintenance and road cleaning vehicles had operations disrupted Tuesday following the malware infection, according to a source with knowledge of the incident. Systems went down across the company’s international […]