Entrepreneurs Al Yang and Adar Arnon founded SafeBase, a cybersecurity company, after meeting at Harvard Business School. They recognized the growing need for improved security processes and developed AI-powered software to automate security reviews.

Source: https://techcrunch.com/

Beehiiv, a New York-based startup, has raised $32 million to expand its business and develop its newsletter platform. The funding comes as the number of global email users approaches 5 billion, highlighting the popularity of newsletters as a way to reach audiences.

Source: https://techcrunch.com/

WeTransfer now allows photographers, designers, and illustrators to sell files directly on the platform, eliminating the need for invoicing and late payments. According to a study, 87% of content creators have reported late or missed payments, making this new feature a significant improvement for creators.

Source: https://techcrunch.com/

Bumble, a women-first dating platform, has launched a new feature called 'Opening Move' that allows women to prepare questions to send to matches. The feature aims to reduce messaging pressure and is part of the app's relaunch this summer.

Source: https://techcrunch.com/

Four self-driving cars raced against Formula 1 driver in Abu Dhabi. The event marked the first-ever competition between autonomous vehicles and a professional driver. No specific times or statistics were provided.

Source: https://techcrunch.com/

UnitedHealth CEO Andrew Witty testified that Change Healthcare was hacked using stolen credentials without multi-factor authentication. The February ransomware attack caused months of disruption across the US healthcare system.

Source: https://techcrunch.com/

Yelp introduces an AI-powered chatbot to connect consumers with relevant businesses. The chatbot uses OpenAI's large language models and is initially available on iOS under the 'Projects' tab, with plans to expand to Android later this year.

Source: https://techcrunch.com/

The European Union has launched formal infringement proceedings against Meta's Facebook and Instagram, suspecting breaches of election integrity rules under the Digital Services Act. The investigation may result in fines of up to 6% of Meta's global annual turnover.

Source: https://techcrunch.com/

Dan Purcell, a tech founder, was devastated when his intimate videos were posted on a porn site without his consent. He founded Ceartas, an AI startup, to prevent similar violations. The company has raised $4.5 million in a Seed round from European VC Earlybird and Upside VC, a fund established by The Sidemen.

Source: https://techcrunch.com/

Nigeria's food delivery market is expected to reach $2-3 billion by 2032. Lagos-based Chowdeck, backed by Y Combinator, aims to lead the market with $2.5 million in seed investment. Nigerians spend 60% of their income on food, the highest globally.

Source: https://techcrunch.com/