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Daily Crunch: Lookout sells consumer security segment for $223 million to become ‘pure-play enterprise company’

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Hello people! It’s Wednesday and we’re running around like crazy, so let’s get it started! Wooooo!

Christine And Hey

The australiabusinessblog.com Top 3

  • Can you see it?: Enterprise security firm Lookout to sell its consumer cybersecurity business to F-Secure in a $223 million deal that Paul writes will “evolve now [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 Phone Link global rollout for iOS, reports Sara.
  • You will certainly see this car passing by: China’s MG Motor debuted in India with what appears to be a green highlighter on wheels. But seriously, it’s a cute compact electric hatchback that’s meant to navigate the nation’s tight mobility needs. Jagmeet has more.

Startups and VC

Greycroft, the self-described “seed-to-growth” venture capital firm, today announced the closing of more than $1 billion in capital commitments for new funds, Kyle reports. The company’s two flagship products, Greycroft Partners VII and Greycroft Growth IV, have raised more than $980 million, according to co-founder and managing partner Dana Settle. consumer companies.

In light of the growing popularity of the micromobility industry, the Japanese government has been proactive in easing e-scooter regulations to further boost this industry. Kate reports. Starting in July, changes to the country’s road traffic law will allow e-scooter users to drive without a license or helmet as long as they maintain a speed limit of 12 mph. Luup has raised a total of $68 million in equity, debt and asset financing to date, which sources say valued the company at more than $100 million.

Let’s take a look at the best of the rest:

Ask Sophie: My VOTE OPT expires in 30 days, what are my options?

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Image Credits: Bryce Durbin/australiabusinessblog.com

Dear Sophie,

My VOTE OPT expires in a month and my company has not registered me in the H-1B lottery this year.

I’m not sure what options I have right now. Staff!

— Sleepless in Silicon Valley

Three more from the TC+ team:

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Big Tech Inc.

There must be a huge number of cat fans among our readership who also need help finding their cats in the house, because this story really went viral today. Tile launches new cat-tracking tag with three-year battery life, Ivan reports. Or maybe you’re just impressed by the long battery life. No judgement.

Speaking of fans, there should also be plenty of “Black Mirror” fans excited for the new sixth season to premiere in June. For those who haven’t seen this show yet, Lauren reports that “each episode of the satirical anthology series comments on society in one way or another, such as the issues surrounding webcam hackers, identity theft, weird robot dogs and the toxicity of social media.”

And we have five more for you:


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