US government seized $1M from Russian ransomware gang

The U.S. Department of Justice announced on Monday that it has seized the servers and $1 million in bitcoin from the prolific Russian ransomware gang behind the BlackSuit and Royal malware. According to the press release, a coalition of global…

Poshmark CEO and founder to step down

Poshmark announced on Monday that its founder, Manish Chandra, is stepping down as CEO. Namsun Kim, who has served as executive chairman since April, will take over as his successor. Chandra founded Poshmark in 2011 alongside three co-founders in a…

TechCrunch Mobility: The triple punch headed for automakers

Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation. This week, I reviewed several 10Q reports to understand how EV manufacturers like Rivian and Lucid—along with legacy automakers selling EVs—are responding to…

GitHub CEO to step down

GitHub CEO Thomas Dohmke announced on Monday that he is stepping down from his role. Dohmke will stay at the Microsoft-owned company until the end of the year before leaving to become “a founder again,” as he mentioned in a…

Revel shuts down its ride-hail business to focus on EV charging

Revel has shut down its ride-hailing service in New York City, marking another shift for the company that initially launched in 2019 with electric scooter rentals. Moving forward, Revel will focus on expanding its electric vehicle charging business, which currently…