Sources: Apple Watch Series 7 will be announced alongside the new iPhone, but production issues may cause the new models to ship late or in limited quantities
This is the free version of Power On. If you like it, consider subscribing to Bloomberg.com — you'll receive …
Researchers uncover BrakTooth, 16 flaws in Bluetooth firmware in SoC boards used in billions of devices from 11 top vendors that can allow remote code execution
A team of security researchers has published details this week about a suite of 16 vulnerabilities that impact the Bluetooth software stack … Source: Singapore University of Technology and Design .
Regulators rush to catch up with DeFi startups and crypto-backed lenders like BlockFi, which now touts $10B+ in assets, 450K+ clients, and licenses in 28 states
The boom in companies offering cryptocurrency loans and high-yield deposit accounts is disrupting the banking industry and leaving regulators scrambling to catch up.
Apple made an unforced error by trying to tackle CSAM and child safety issues without soliciting expert advice while adhering to its annual iOS release schedule
Hello friends, and welcome back to Week in Review. — Last week, we dove into the truly bizarre machinations of the NFT market.
Harvard's Willy Shih on the global chip shortage, supply chains, and why Biden's $52B for chip manufacturing may not be enough for the US to catch up to TSMC
Since the beginning of the pandemic, the demand for microchips has far exceeded supply, causing problems in every industry that relies on computers.
Harvard study details how automated hiring systems, now used by 99% of Fortune 500 companies, exclude 10M+ qualified workers in the US from hiring discussions
Automated-hiring systems are excluding many people from job discussions at a time when additional employees are desperately needed Source: Harvard Business School .
Facebook apologizes after its AI recommendation feature categorized a video of Black men as “about Primates”; Facebook disabled the feature and is investigating
Ryan Mac / New York Times :
Texas Right to Life whistleblower site is now using Epik for its name servers and domain registrar, after DigitalOcean appears to have cut off service
from voting to reproductive choice. #BansOffOurBodies https://www.cnbc.com/... Nicole Perlroth / @nicoleperlroth : GoDaddy tells me it's going to kick Texas Right to Life's whistleblower/snitch site o...
Analysis: mining bitcoin uses 91 TW/h of electricity annually, ~0.5% of all electricity consumed globally or 7x Google's total usage, and grew 10x in five years
In 2009, you could mine one Bitcoin using a setup like this in your living room. — ↓ — ↓
JD.com says founder and CEO Richard Liu will step back from day-to-day operations to focus on long-term strategy and names its first president
E-commerce company names its first president facing tougher competition, Beijing's regulatory crackdown — Chinese e-commerce group JD.com Inc. named … Source: JD.Com, Inc. .
UK food sharing app OLIO raises $43M Series B led by VNV Global, as it tries to tackle food waste, with Tesco adding 2.7K stores to the service in 2020
It was curious enough that OLIO, a UK startup with an app that lets users post a photo of unwanted food and share it with the local neighborhood …
Barcelona-based Factorial, which develops HR software for SMBs, raises $80M led by Tiger Global, sources say at a $530M valuation
Factorial, a startup out of Barcelona that has built a platform that lets SMBs run human resources functions with the same kind of tools that typically are used …
As libraries and schools transition to e-books, the value of e-book vendors like OverDrive, which make money by licensing content to libraries, has skyrocketed
Increasingly, books are something that libraries do not own but borrow from the corporations that do. Tweets: @penamerica , @hkanji , @janefriedman , @fr_hossain , @alexhcranz , and @readwriteradio Se...
Mexico-based Flat.mx, an online real estate marketplace for remodeled properties, raises $20M Series A led by Anthemis and 500 Startups
Mary Ann Azevedo / TechCrunch :
A look at the evolution of App Store rules from 2009, when FCC investigated Apple's refusal to approve Google Voice, to the recent antitrust-related changes
Kif Leswing / CNBC :
Quantum Machines, whose hardware and software help users leverage quantum computing, raises $50M Series B led by Red Dot Capital
Quantum Machines, an Israeli startup that is building the classical hardware and software infrastructure to help run quantum machines, announced a $50 million Series B investment today.
A look at the substrates that connect chips to circuit boards, and how years of underinvestment in substrate manufacturing has worsened the global chip shortage
Sourcing a low-margin part called the substrate has become a priority for Intel, Nvidia and AMD Tweets: @wsj and @hassankhan Tweets: @wsj : The global chip shortage is giving rise to a group of compan...
Vietnamese startup KiotViet, which provides cloud-based POS software for SMBs, raises $45M Series B led by KKR, after raising a $6M Series A in 2019
Quynh Nguyen / DealStreetAsia : Source: Business Wire .
Online real estate “iBuyers” like Opendoor, Zillow, and Offerpad have increased their home purchases in Q2, as virtual showings speed up the home buying process
Laura Forman / Wall Street Journal : Tweets: @wsj and @wsjheard Tweets: @wsj : Heard on the Street: The pandemic seems to have dispelled some of the doubts about using technology to flip homes as it ...
Interview with Dom Hofmann on how and why he created Loot, the communities, creativity, and NFT speculation it spawned, and the future of the project
#AppleToo publishes an open letter to Tim Cook, asking for transparent and fair compensation, reinvestigation of discrimination and harassment cases, and more
Source: Google has temporarily locked an unspecified number of Afghan government email accounts, as the Taliban seeks to acquire former officials' emails
A look at the mechanics behind Community DAOs, including Flamingo and Fingerprints, which collect blue chip NFTs to raise funds via NFT “drops”
Patrick Rivera / Crypto x Creator Economy : Tweets: @mattk , @albiverse , and @patrickxrivera Tweets: Matt / @mattk : This hyperbolic delusion of grandeur is covering something of future merit. An au...
Profile of Abu Dhabi-based music streaming service Anghami, which has 1.4M paying subscribers and 70M total users, as it goes public via a $220M SPAC merger
the business model and the music we listen to https://restofworld.org/... via @restofworld Yinka Adegoke / @yinkawrites : @Mark_Mulligan ... As Universal Music digital EVP Michael Nash told me: “There...
Profile of Alvy Ray Smith, a Pixar co-founder who created the algorithms fundamental to animated movies and left after severe disagreements with Steve Jobs
How Amazon “roll-up” businesses, which acquire third-party sellers and have raised $8B to date, make profit by improving marketing and supply chain efficiencies
Tim Bradshaw / Financial Times : Tweets: @sub8u Tweets: Subrahmanyam Kvj / @sub8u : In the Amazon e-commerce world, investment opportunities flourish. Very good read from @tim on the fight for succes...
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.