Lookout’s Consumer Security Segment is Sold for $223 Million to Become a ‘Pure-Play Enterprise Company’ 

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Hi, folks! It’s Wednesday, The following are some examples of how to get started: we’re running around like crazy, so let’s get to it! Wooooo!

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TechCrunch Top 3

  • You can see it!Lookout, a company that specializes in enterprise security software, is selling the consumer cybersecurity division to F-Secure for $223 million. Paul writes will “now evolve [Lookout] into a pure-play enterprise company” that will focus on mobile endpoint security and cloud security.
  • Hello?: Christmas comes early for iPhone and Windows users — iMessage finally comes to Windows 11 with the global rollout of Phone Link for iOS, reports Sarah.
  • You’ll definitely notice this car go by: China’s MG Motor debuted what looks like a green highlighter on wheels in India. But seriously, it is a cute compact hatchback electric vehicle meant to navigate the country’s tight mobility needs. Jagmeet There’s more.

Venture capital and startups

Greycroft, the self-styled “seed-to-growth” venture capital firm, today announced the closing of over $1 billion in capital commitments across new funds, Kyle reports. The firm’s two flagship vehicles, Greycroft Partners VII and Greycroft Growth IV, closed on more than $980 million, according to co-founder and managing partner Dana Settle — cash that’ll be put toward investing in both early- and growth-stage enterprise and consumer businesses.

In light of the micromobility industry’s growing popularity, the Japanese government has been proactive in loosening e-scooter regulations to further stimulate this sector, Kate reports. Starting this July, amendments to the country’s Road Traffic Act will permit e-scooter users to ride without driver licenses or helmets, as long as they maintain a maximum speed of 20 kilometers per hour. Luup’s equity, asset and debt financing totaled $68 millions to date. According to sources, this is enough money for the company, which has been valued at over $100 million.

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How can I extend my STEM OPT if it expires within 30 days?

lone figure at entrance to maze hedge that has an American flag at the center

Image credits: Bryce Durbin/TechCrunch

Hello, Sophie

My STEM OPT expires in a month, and my company did not register me in this year’s H-1B lottery.

I’m not sure what options I have now. Help!

— Sleepless in Silicon Valley

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Big Tech Inc.

The story went viral because there are a lot of cat lovers in our audience who want to help find their pets around the home. Tile introduces a cat tracking tag that has a three-year life battery. Ivan reports. Maybe you’re just impressed by the long battery life. You don’t have to judge.

Speaking of fans, there must also be a lot of “Black Mirror” fans excited for the new sixth season that will premiere in June. If you haven’t seen the show, it is worth a watch. Lauren reports that “each episode of the satirical anthology series comments on society in some shape or form, such as the issues centered around webcam hackers, identity theft, weird robotic dogs and the toxicity of social media.”

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