TC+ Roundup: Did Atlassian pay a fair price for Loom?

Good morning, and welcome to Friday! Atlassian’s purchase of Loom last week raised eyebrows, and not just because it missed unicorn status by a hair. But overall, it makes sense that Atlassian bought it. “Teaming and collaboration is moving to async video, and that was the one big piece missing for Atlassian,” Constellation Research’s Ray … Read more

The SBF trial continues, Atlassian acquires Loom, and OpenAI explores making its own chips

Happy Saturday, folks, and welcome to Week in Review (WiR), TechCrunch’s newsletter that covers the major stories in tech over the past several days. I feel inclined to begin this edition with a sobering note about the recent events in Israel and Gaza. It’s obviously impacted the tech ecosystem there, but from a purely humanistic … Read more

State-backed hackers are exploiting new ‘critical’ Atlassian zero-day bug

Microsoft says Chinese state-backed hackers are exploiting a “critical”-rated zero-day vulnerability in Atlassian software to break into customer systems. The technology giant’s threat intelligence team said in a post on X, formerly Twitter, that it has observed a nation-state threat actor it calls Storm-0062 exploiting a recently disclosed critical flaw in Atlassian Confluence Data Center … Read more