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Ava Patel

Ava Patel is a cultural critic and commentator with a focus on literature and the arts. She is known for her thought-provoking essays and reviews, and has a talent for bringing new and diverse voices to the forefront of the cultural conversation.

“Introducing Pre-Order Availability for Fully-Funded Projects on Kickstarter”

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Once a Kickstarter campaign is complete, you need to turn to a creator’s own page to pre-order the products — that is, until now. Which, of course, it will do for Late Pledges as well. A spokesperson for Kickstarter assures us that Late Pledges is seamlessly integrated within the Kickstarter platform, ensuring a smooth and efficient experience for all users. That makes Late Pledges an excellent way to leverage the momentum from successful campaigns. Despite potential challenges, Late Pledges offers substantial benefits to Kickstarter creators.

“False Alarm or Real Threat? iMessage Bug Concerns Crypto Wallet Developer”

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A crypto wallet maker claimed this week that hackers may be targeting people with an iMessage “zero-day” exploit — but all signs point to an exaggerated threat, if not a downright scam. Trust Wallet’s official X (previously Twitter) account wrote that “we have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark Web. According to Apple, there is no evidence anyone has successfully hacked someone’s Apple device while using Lockdown Mode. For its part, CodeBreach Lab appears to be a new website with no track record. TechCrunch could not reach CodeBreach Lab for comment because there is no way to contact the alleged company.

“New Climate Fund: $200M Raised by Bay Bridge Ventures, According to Filings”

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Climate investor Bay Bridge Ventures is raising a new $200 million fund, TechCrunch has exclusively learned. Bay Bridge filed paperwork Monday for the new climate fund with the U.S. Securities and Exchange Commission. And Congruent Ventures raised a $275 million fund in 2023, turning down $325 million in additional LP interest. Bay Bridge Ventures is new, having been founded in 2022 with a focus on ESG more broadly and sustainability in particular. Still, that doesn’t mean Bay Bridge lacks experience.

AI Agents Take Center Stage: Betaworks’ Bold Investment in ‘Camp’ Program

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The investor’s latest “Camp” incubator trained up and funded 9 AI agent startups they hope will take on today’s more tedious tasks. The use cases for many of these companies sound promising, but AI tends to have trouble keeping its promises. But are AI agents at that stage? And it’s well within the capabilities of today’s AI agents, which would primarily be tasked with understanding natural language rather than forms. A framework for web-based AI agents with a pay-as-you-go model so if your company’s experiment craters, you only owe a few bucks.

Cherub: The Angel Investing Platform Connecting Investors and Founders to Their Perfect Match

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Investors and founders can meet their match with Cherub, the ‘Raya of angel investing’Jaclyn Johnson and Angeline Vuong were on a hike deliberating how hard it can be for people to get started in angel investing when they realized they had stumbled upon a startup idea. Today they are the co-founders of Cherub, a marketplace that pairs angel investors with entrepreneurs. Johnson likens Los Angeles-based Cherub to Raya, an online membership-based community for dating, in that it matches founders and angel investors based on their preferences. Of those deals, 40% were new angel investors, meaning they were accredited investors that had never written checks before. Angel investor Allen Orr told TechCrunch that he had used other platforms such as AngelList in the past.

“Unlocking the Potential of Kubernetes Clusters with Loft Labs’ Virtualization Innovation”

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It may seem like a paradox to have virtualized Kubernetes clusters. Loft Labs saw a similar problem with resource utilization in Kubernetes clusters that VMware saw with server utilization, and has built a virtualization tool to make them more efficient by sharing common underlying applications. Loft Labs lets users share these common applications with multiple virtual clusters in the same way that VMs share server resources. “We’re essentially turning many clusters into one cluster, and then have virtual clusters on top of the common applications,” CEO Lukas Gentele told TechCrunch. And the thing that we learned was the problem of sharing Kubernetes clusters, isolating tenants in the cluster and how hard it is.

Ransomware Group Leaks Stolen Patient Information from Change Healthcare

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Some of the files, which TechCrunch has seen, also contain contracts and agreements between Change Healthcare and its partners. For Change Healthcare, there’s another complication: This is the second group to demand a ransom payment to prevent the release of stolen patient data in as many months. UnitedHealth Group, the parent company of Change Healthcare, said there was no evidence of a new cyber incident. What’s more likely is that a dispute between members and affiliates of the ransomware gang left the stolen data in limbo and Change Healthcare exposed to further extortion. A Russia-based ransomware gang called ALPHV took credit for the Change Healthcare data theft.

Change Healthcare Patient Data Stolen and Leaked by Ransomware Group

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Some of the files, which TechCrunch has seen, also contain contracts and agreements between Change Healthcare and its partners. For Change Healthcare, there’s another complication: This is the second group to demand a ransom payment to prevent the release of stolen patient data in as many months. UnitedHealth Group, the parent company of Change Healthcare, said there was no evidence of a new cyber incident. What’s more likely is that a dispute between members and affiliates of the ransomware gang left the stolen data in limbo and Change Healthcare exposed to further extortion. A Russia-based ransomware gang called ALPHV took credit for the Change Healthcare data theft.

“Maximizing Learning: The Benefits of Wearing Quest Headsets in the Classroom”

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Monday’s announcement arrives on the heels of Meta prompting Quest users to confirm their age so it can provide teens and preteens with appropriate experiences. Meta said it will launch it first in the 20 markets where it already supports Quest for Business, Meta’s workplace-focused $14.99/month subscription. It’s not clear how ubiquitous VR use is in schools: one provider, ClassVR, claims that 40,000 classrooms worldwide are using its products. And another big question mark will relate to the cost of buying headsets — Quest 3’s, the latest headsets, start at around $500 apiece for basic models — buying apps and then subsequently supporting all of that infrastructure. Meta said that it has already donated Quest headsets to 15 universities in the U.S., but it’s not clear how far it will go to subsidise growth longer-term.

AI causes caution in investors

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And more AI companies are receiving investments than ever before, with 1,812 AI startups announcing funding in 2023, up 40.6% versus 2022, according to the Stanford HAI report. “There’s been a more deliberate approach by investors in evaluating AI investments compared to a year ago. According to a PitchBook report compiled for TechCrunch, VCs invested $25.87 billion globally in AI startups in Q1 2024, up from $21.69 billion in Q1 2023. Despite the general malaise within AI investor circles, generative AI — AI that creates new content, such as text, images, music and videos — remains a bright spot. “We’ll soon be evaluating whether generative AI delivers the promised efficiency gains at scale and drives top-line growth through AI-integrated products and services,” Kumar said.