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Zypp Electric seeks $40M funding from Tribe Capital for expansion and tech development. Revenue tripled in FY24. Launching $250M India fund with Shiprocket's Vishesh Khurana. Raj Snehil Juneja also joins the team.
Gaming and interactive media venture capital firm Lumikai has $58 million in AUMs from 15 portfolio companies, general partner Salone Sehgal told ET. These portfolio companies have raised over $120 million collectively.
Russian hackers breach Microsoft's email system, exploiting authentication details. Emergency directive warns of government and customer system infiltration. Cyber Safety Review Board reports preventable China hack.
Epic Games seeks Play Store changes after antitrust trial accusing Alphabet of Android gatekeeper abuse, post Judge Donato's verdict against Google. Singleton edits Epic's filing.
Australian prosecutors discontinued Andrew Forrest's criminal case against Meta for scam cryptocurrency ads on Facebook. Forrest's civil suit in California over the ads is ongoing. He accuses Meta of enabling scammers to use its platform.