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Zoom admits some calls were routed through China by mistake – TechCrunch

Hours after security researchers at Citizen Lab reported that some Zoom calls were routed through China, the video conferencing platform has offered an apology and a partial explanation.

To recap, Zoom has faced a barrage of headlines this week over its security policies and privacy practices, as hundreds of millions forced to work from home during the coronavirus pandemic still need to communicate with each other.

The latest findings landed earlier today when Citizen Lab researchers said that some calls made in North America were routed through China — as were the encryption keys used to secure those calls. But as was noted this week, Zoom isn’t end-to-end encrypted at all, despite the company’s earlier claims, meaning that Zoom controls the encryption keys and can therefore access the contents of its customers’ calls. Zoom said in an earlier blog post that it has “implemented robust and validated internal controls

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Peloton launches an Android TV app – TechCrunch

With gyms across the country closed for business, at-home exercise companies like Peloton have found an unexpected opportunity. As the connected fitness company looks to onboard new customers, they’re also expanding platform support, announcing today that they would be bringing their app to Android TV, the OS used by millions of smart TVs.

Peloton announced last month that it would be extending free trials of its $12.99 per month exercise app from 30 days to 90 days because of the pandemic. Peloton has not been unaffected by the virus. Last month, the company shut down its studios to visitors, holding classes with just instructors, while also moving away from in-home deliveries of its connected bike and treadmill.

While Peloton already boasted support for Fire TV, Chromecast and AirPlay, this latest addition should help round out support for users of most new smart TVs. The app is available today in Android

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‘A perfect storm for first time managers,’ say VCs with their own shops – TechCrunch

Until very recently, it had begun to seem like anyone with a thick enough checkbook and some key contacts in the startup world could not only fund companies as an angel investor but even put himself or herself in business as a fund manager.

It helped that the world of venture fundamentally changed and opened up as information about its inner workings flowed more freely. It didn’t hurt, either, that many billions of dollars poured into Silicon Valley from outfits and individuals around the globe who sought out stakes in fast-growing, privately held companies — and who needed help in securing those positions.

Of course, it’s never really been as easy or straightforward as it looks from the outside. While the last decade has seen many new fund managers pick up traction, much of the capital flooding into the industry has accrued to a small number of more established players

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Vericool raises $19.1 million for its plant-based packaging replacement for plastic coolers – TechCrunch

Vericool, a Livermore, Calif.-based startup that’s replacing plastic coolers and packaging with plant-based products, has raised $19.1 million in a new round of financing.

The company’s stated goal is to replace traditional packaging materials like polystyrene with plant-based insulating packaging materials.

Its technology uses 100% recycled paper fibers and other plant-based materials, according to the company, and are curbside recyclable and compostable.

Investors in the round include Radicle Impact PartnersThe Ecosystem Integrity FundID8 Investments and AiiM Partners, according to a statement.

“We’re pleased to support Vericool because of the company’s track record of innovation, high-performance products, well-established patent portfolio and focus on environmental resilience. We are inspired by the company’s social justice commitment to address recidivism and provide workplace opportunity to formerly incarcerated individuals,” said Dan Skaff, managing partner of Radicle Impact Partners and Vericool’s new lead director. 

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Los Angeles-based challenger bank HMBradley officially opens its virtual doors – TechCrunch

The Los Angeles-based digital challenger bank, HMBradley, opened its virtual doors to the public today, allowing the thousands of waitlisted would-be users to set up direct deposits and collect their sign-up bonuses.

The company is offering banking customers an up to 3% return on their savings based on the percentage they save of their quarterly deposits.

HMBradley also set up a new feature which allows users to save towards specific goals.

Backed by PayPal founder Max Levchin’s HVF Labs, along with Walkabout Ventures, Mucker Capital, Index Ventures, and Accomplice, to the tune of $3.5 million, HMBradley was designed to benefit savers, the company said.

Account holders with balances up to $100,000 can receive up to 3% annual percentage yields on their accounts. These account holders qualify by receiving one direct deposit and saving at least 5% of the total amount deposited in an account monthly.

HMBradley accounts are held

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Bird and Lime layoffs, pivots in a COVID-19 era and a $2.2 trillion deal – TechCrunch

Hello folks, welcome back (or hi for the first time) to The Station, a weekly newsletter dedicated to the all the ways people and packages move around this world. I’m your host, Kirsten Korosec, senior transportation reporter at TechCrunch.

I also have started to publish a shorter version of the newsletter on TechCrunch . That’s what you’re reading now. For the whole enchilada — which comes out every Saturday — you can subscribe to the newsletter by heading over here, and clicking “The Station.” It’s free!

Before I get into the thick of things, how is everyone doing? This isn’t a rhetorical question; I’m being earnest. I want to hear from you (note my email below). Maybe you’re a startup founder, a safety driver at an autonomous vehicle developer, a venture capitalist, engineer or gig economy worker. I’m interested in how you are doing, what you’re doing to cope

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