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                     Monday, June 23, 2025
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                    Welcome to TC PM! Today we have the details on a recent cyberattack at insurance company Aflac; we learn that TikTok is shutting down its book publisher; and we have Harvey's latest valuation.
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                    TechCrunch Top 3
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                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     Image Credits: Pavlo Gonchar / SOPA Images / LightRocket / Getty Images
                    </strong>
                   </p>
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                    <strong>
                     🦆 A hack!
                    </strong>
                    Insurance giant
                    <a data-hs-link-id="1" data-hs-link-id-v2="QGc1SSIU" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     Aflac experienced a cyberattack
                    </a>
                    earlier this month that resulted in hackers stealing an unknown quantity of its customers' personal information. The stolen data includes Social Security numbers, health information, and more.
                   </p>
                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     🎧 Suspicious subs:
                    </strong>
                    Spotify is drawing attention from the U.S. Senate. On Friday, two senators
                    <a data-hs-link-id="0" data-hs-link-id-v2="WwHO2DdJ" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     urged the Federal Trade Commission to investigate the company
                    </a>
                    for bundling multiple products into a more expensive subscription, without user consent, and paying creators fewer royalties in the process.
                   </p>
                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     🪏 Filling the gaps:
                    </strong>
                    There are a lot of workflow collaboration platforms, but many aren't suited to work with the types of tools and document formats that hardware engineering teams need.
                    <a data-hs-link-id="0" data-hs-link-id-v2="JyDBgfnS" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     AllSpice looks to fix that
                    </a>
                    with its software that aims to be the GitHub for electrical hardware engineering teams.
                   </p>
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                    <a data-hs-link-id="0" data-hs-link-id-v2="vOqolR4j" rel="noopener" style="text-decoration: none; color: #0aa43e;" target="_blank">
                     <strong>
                      A Message from GDIT
                     </strong>
                    </a>
                   </p>
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                     Technology for America’s critical advantage
                    </span>
                   </a>
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                    <a data-hs-link-id="2" data-hs-link-id-v2="AIBhLN/c" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
                     From enabling warfighters at the edge with the latest intelligence to applying AI to secure U.S. systems, GDIT delivers and operates the mission technology that underpins our nation’s security, infrastructure, and services.
                    </a>
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                      Learn More
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                   <strong>
                    Afternoon must-reads
                   </strong>
                  </h1>
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                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     Image Credits: miodrag ignjatovic / Getty Images
                    </strong>
                   </p>
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          <table align="center" border="0" cellpadding="0" cellspacing="0" class="row-content stack" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; background-color: #fafafa; border-bottom: 1px solid #0aa43e; border-left: 1px solid #0aa43e; border-radius: 0; border-right: 1px solid #0aa43e; color: #000000; width: 600px; margin: 0 auto;" width="600">
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              <table border="0" cellpadding="0" cellspacing="0" class="paragraph_block block-1" role="presentation" style="mso-table-lspace: 0pt; mso-table-rspace: 0pt; word-break: break-word;" width="100%">
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                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     📚 Shut it down:
                    </strong>
                    Did you know that TikTok had a book publisher, 8th Note Press? I sure didn't. The company launched the publisher back in 2023 with the rise of #BookTok, but now
                    <a data-hs-link-id="1" data-hs-link-id-v2="UcDZM+1P" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     TikTok is shutting it down
                    </a>
                    and giving authors their publishing rights back.
                   </p>
                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     ☢️ New York goes nuclear:
                    </strong>
                    New York governor Kathy Hochul announced a new nuclear power initiative for the state, with plans to
                    <a data-hs-link-id="0" data-hs-link-id-v2="MdbxrCvP" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     host a new nuclear power plant that can produce 1 gigawatt of energy
                    </a>
                    . The sites being considered are all owned by Constellation Energy, which has struck deals with the tech sector.
                   </p>
                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     🗣️ Keep on rolling:
                    </strong>
                    Amazon announced a new upgraded digital assistant, Alexa+, back in February. While the service is still not publicly available,
                    <a data-hs-link-id="0" data-hs-link-id-v2="/89A2pqU" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     Amazon has been steadily rolling Alexa+ out
                    </a>
                    to customers, and it's now in the hands of 1 million users.
                    <strong>
                     <br/>
                    </strong>
                   </p>
                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     💰 2021 time:
                    </strong>
                    Legal AI company Harvey AI continues to rake in venture capital. The startup announced it raised
                    <a data-hs-link-id="0" data-hs-link-id-v2="hlBiddWz" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     $300 million in a Series E round
                    </a>
                    that values the company at $5 billion. This comes just four months after a $300 million Series D round garnered a $3 billion valuation.
                   </p>
                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     📊 Looking into a leak:
                    </strong>
                    Elon Musk's xAI might be developing a
                    <a data-hs-link-id="0" data-hs-link-id-v2="KY/1ygvf" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     file editor for Grok
                    </a>
                    with spreadsheet support, according to leaked code. If true, this would likely mean xAI is looking to compete with its AI peers through embedded AI connectivity tools.
                   </p>
                  </div>
                 </td>
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               </tbody>
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             </td>
            </tr>
           </tbody>
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                   <p style="margin-bottom: 1em; margin: 0;">
                    <a data-hs-link-id="0" data-hs-link-id-v2="XQMarCqH" rel="noopener" style="text-decoration: none; color: #0aa43e;" target="_blank">
                     <strong>
                      A Message from HSBC
                     </strong>
                    </a>
                   </p>
                  </div>
                 </td>
                </tr>
               </tbody>
              </table>
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                   <a data-hs-link-id="1" data-hs-link-id-v2="JsHeniup" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
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                     The HSBC 2025 Fintech report is here
                    </span>
                   </a>
                  </h1>
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               </tbody>
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                    <a data-hs-link-id="2" data-hs-link-id-v2="ZpwcrE7y" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
                     Discover where fintech is headed. Unpack key industry shifts and how they're shaping the global financial ecosystem.
                    </a>
                   </p>
                  </div>
                 </td>
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               </tbody>
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                    <!--[if mso]>
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                     <span style="word-break: break-word; line-height: 32px;">
                      Download the report
                     </span>
                    </span>
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                   <strong>
                    Around the web
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                   <p style="margin: 0; margin-bottom: 16px;">
                    <strong>
                     📈 Data center dilemma:
                    </strong>
                    Meta is building a sprawling data center in Holly Ridge, Louisiana. While the company claims it will bring economic incentives to the community, this data center will also
                    <a data-hs-link-id="0" data-hs-link-id-v2="qFHyN/+V" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     raise energy costs for the residents
                    </a>
                    of the area, which is one of the poorest regions in the state.
                   </p>
                   <p style="margin-bottom: 1em; margin: 0;">
                    <strong>
                     💻 This diva:
                    </strong>
                    Elon Musk's lawyer is claiming that the billionaire tech CEO
                    <a data-hs-link-id="0" data-hs-link-id-v2="J7hszKw7" style="text-decoration: underline; color: #0aa43e;" target="_blank">
                     "does not use a computer."
                    </a>
                    This comes after a court filing, in Musk's case against Sam Altman and OpenAI, said Musk wasn't fully complying with the discovery process. Interesting!
                   </p>
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                    Featured jobs from CrunchBoard
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                    <a data-hs-link-id="0" data-hs-link-id-v2="4Cc2SPot" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
                     Software Engineer, Revive Health (Boston, MA)
                    </a>
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                     IT Finance Assistant, Pennsylvania Turnpike Commission (Middletown, PA)
                    </a>
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                    <a data-hs-link-id="0" data-hs-link-id-v2="M6ehbm/X" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
                     Technical Business Systems Analyst, Air Line Pilots Association (Tysons, VA)
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                     Partnerships Manager, Clearscope (Remote)
                    </a>
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                    <a data-hs-link-id="0" data-hs-link-id-v2="5KSfQpsh" rel="noopener" style="text-decoration: none; color: #101112;" target="_blank">
                     Sr. IT Security Engineer - Computing Services, Carnegie Mellon University (Pittsburgh, PA)
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                      See more jobs on CrunchBoard
                     </strong>
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                    <strong>
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                      Post your tech jobs
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                    and reach millions of TechCrunch readers for only $349 per month.
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