Meta announces that Peter Thiel, one of Facebook's first institutional investors and longest-serving directors, will step down from Meta's board this year
The tech billionaire, who has been on the board of the company formerly known as Facebook since 2005, is backing numerous politicians in the midterm elections.
Nvidia and SoftBank call off Nvidia's Arm acquisition, following regulatory scrutiny; Arm CEO Simon Segars resigns, replaced by Arm IP group president Rene Haas
Nvidia's deal to acquire Arm is off, the two companies and Arm's owner SoftBank announced (PDF) tonight.
Peloton CEO and co-founder John Foley will step down, replaced by ex-Spotify and Netflix CFO Barry McCarthy; Peloton will cut 2,800 jobs and cancel Ohio factory
Exercise-equipment maker to name former Spotify CFO Barry McCarthy as successor, overhaul board and cut costs
The UK's Online Safety Bill will mandate porn websites verify users' age or face fines; similar proposals were quietly dropped in 2019 after criticism
Porn websites in the UK will be legally required to verify the age of their users under new internet safety laws.
What to expect from Samsung's Unpacked event: Galaxy S22, S22+, and S22 Ultra, Galaxy Tab S8 series, and more
In a few short days, Samsung will host its first Unpacked of 2022. While the company is sure to stage many more events throughout the year (too many, if you ask us), the first one is always the most ...
Apple unveils Tap to Pay on iPhone, coming to the US in 2022 with Stripe as launch partner, letting merchants take contactless payments via partner-enabled apps
Apple has officially announced a new Tap to Pay feature for iPhone. This feature, coming later this year …
SoftBank's Masayoshi Son says he is planning a US IPO for Arm in March 2023, following the failure of the Nvidia deal; SoftBank keeps a $1.25B breakup fee
SoftBank Group Corp. founder Masayoshi Son said he plans an initial public offering in the U.S. for Arm Ltd. after Nvidia Corp. bowed …
A leaked press release says Samsung will unveil three new Galaxy tablets, an 11" Tab S8, a 12.4" Tab S8 Plus, and a 14.6" Tab S8 Ultra, at its Unpacked event
Jay Peters / The Verge :
Source: Apple acquires London-based AI Music, which uses AI and royalty-free music to create dynamic soundtracks that change based on user interactions or moods
Apple Inc. acquired a startup called AI Music that uses artificial intelligence to generate tailor-made music …
Signal now lets users change the phone number associated with their account while retaining their messages, profile information, and groups
Users will still need to be able to send and receive Signal messages on their old number in order to port. — Signal has announced it will allow …
Tinder says it will no longer charge older users more for Tinder+, after a report showed users aged 30-49 were charged on average 65.3% more in multiple markets
Tinder says it will no longer charge older users more to use Tinder+, following a new report questioning the dating app's practice …
TikTok updates its policies to improve safety for LGBTQ users, including banning misgendering, adds tools for age appropriate content, and more
Months after TikTok was hauled into its first-ever major congressional hearing over platform safety, the company is today announcing a series …
BharatPe, an Indian fintech unicorn backed by VCs such as Sequoia and Coatue, is facing allegations of embezzlement, impropriety in merchant dealings, and more
Calling CEO Suhail Sameer “a puppet of investors”, Grover has alleged a conspiracy behind sending him away and instituting a probe
Crypto infrastructure company Alchemy raises a $200M Series C extension from Lightspeed and Silver Lake at a $10.2B valuation, up from $3.5B in October 2021
Alchemy, a startup that provides blockchain tools, has been growing fast: It raised buckets of money last year and attracted dozens …
The EU details the Chips Act, a plan to make €43B in funding available for R&D and chip production, seeking to compete with the US and Asia
Wall Street Journal :
US DOJ seizes ~$3.6B worth of bitcoin, the largest seizure in the DOJ's history, and arrests two people in New York in connection with the 2016 Bitfinex hack
The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part of a 2016 hack of Bitfinex …
An in-depth look at Apple's IAP changes in the Netherlands: Apple's proposal seemingly isn't compliant, reducing the commission by 3% is spiteful, and more
The continuing saga of Apple's conflict with the Netherlands Authority for Consumers and Markets (ACM) — the Dutch equivalent …
The IRS says it will transition away from using facial recognition for identity verification, after a bipartisan backlash regarding its use of ID.me services
Alan Rappeport / New York Times :
As data centers grow, engineers at Meta, Google, and other companies worry about the reliability of ever-smaller chips and hardware failures with unclear causes
As the largest computer networks continue to grow, some engineers fear that their smallest components could prove to be an Achilles' heel. Tweets: @doctorkarl , @heatwavekgns , @nytimestech , @markoff...
Shift5, which develops cybersecurity tools for the military and critical infrastructure, raises a $50M Series B led by Insight, after a $20M Series A in October
Operational technology cybersecurity startup Shift5 Inc. announced today it has raised $50 million in new funding …
Several crypto companies, including Coinbase and BitMEX, launch a coalition to “maintain fair and orderly digital asset markets and prevent market abuse”
“Harmonizing a broad global approach to digital assets and competition in the digital currency space race … Source: Business Wire .
Microsoft starts blocking VBA macro scripts by default in Excel, PowerPoint, Access, Visio, and Word, after years of security experts requesting the change
Catalin Cimpanu / The Record :
The Ethereum Name Service DAO, which manages .eth domains, votes to remove Brantly Millegan as a steward over a 2016 tweet; Millegan has refused to apologize
Good morning! Yug and TardiVerse are battling for boasting rights … Tweets: @nicksdjohnson : True Names Limited (TNL), the nonprofit that funds and organises development on @ensdomains, has terminate...
Blockchain game studio Gala Games plans to allocate $5B within the next year to expand NFTs: $2B for gaming, $1B for music, $1B for movies, $1B for a theme park
Gala Games is seeking to ramp up its presence in the NFT sector and will allocate billions of dollars to further its efforts in the coming year
Vancouver-based quantum computing startup D-Wave plans to go public via SPAC on the NYSE in Q2, expecting to raise $340M at a $1.2B valuation
Quantum computing startup aiming for a $1.5 billion valuation. — Vancouver quantum computing startup D-Wave is going public …
London-based m3ter, which helps SaaS companies charge clients on a usage basis, emerges from stealth with $17.5M from Kindred Capital and others
A lot of SaaS products are sold on flat-rate subscriptions. But there is a growing trend, especially among more price-conscious customers …
Samsung adds custom interval training, sleep coaching, and the ability to set body composition goals to Galaxy Watch 4, and confirms Google Assistant is coming
Victoria Song / The Verge :
Intel announces efforts to accelerate RISC-V development and adoption, including licensing plans, chip manufacturing partners, and a $1B IFS Innovation Fund
Livspace, an online home interiors marketplace that connects customers with designers and vendors, raises a $180M Series F led by KKR at a $1B+ valuation
Bloomberg :
Lagos- and Texas-based digital healthcare provider Reliance Health raises a $40M Series B and says it has over 200,000 individual users and 600 businesses
Tage Kene-Okafor / TechCrunch :
Sources: ahead of its IPO, Reddit has approached WPP and other big ad agencies to secure marketing deals, a delicate tightrope given its outspoken user base
Anarchic social network in discussion with WPP as it seeks to make profit without angering 330mn outspoken users
UK-based GoCardless, which processes direct debit payments for Klarna, DocuSign, and others, raises $312M led by Permira at a $2.1B valuation
Ivan Levingston / Bloomberg :
Bluesky, the decentralized social media initiative announced by Twitter in 2019, becomes a Public Benefit LLC with Jack Dorsey as one of the board members
Jay Graber / Bluesky :
A deep dive into the rise of “solo capitalists”, who are increasingly competing to lead seed, Series A, and later stage rounds against traditional VC firms
Mario Gabriele / The Generalist : Tweets: @mariogabriele , @andreasklinger , @melt_dem , @nikmilanovic , and @moniquewoodard Tweets: Mario Gabriele / @mariogabriele : Ever since @nbt's piece I've bee...
German startup Shopware, which offers open source e-commerce tools used by 100K brands, raises $100M from PayPal and Carlyle, its first outside investment
Ingrid Lunden / TechCrunch :
Endgame, which helps companies turn customer feedback into go-to market strategies, raises a $30M Series B, following a $17M seed and Series A in July 2021
Christine Hall / TechCrunch :
After FAANG stocks recorded big, simultaneous gains in 2021, all five have fallen so far in 2022, leading some investors to seek out other growth stocks
Taichi Graphics, an open-source cloud platform for creating 3D graphics, raises a $50M Series A co-led by Source Code Capital, GGV Capital, and BAI Capital
Selina Finance, a London-based online lender for SMBs and consumers that leverages their home equity, raises a $150M Series B, $35M in equity and $115M in debt
Ingrid Lunden / TechCrunch :
Aleo Systems, which plans to launch its private, programmable blockchain “later this year”, raises a $200M Series B co-led by Vision Fund 2 and Kora Management
Danny Nelson / CoinDesk :
Adtech experts explain how GDPR has proven ineffective thanks to the ingenuity of adtech firms, which have managed to effectively skirt its consent requirement
Berlin-based Vivid Money, a financial super app and challenger bank with 500K customers, raises €100M led by Greenoaks at a €775M valuation to expand in Europe
ElasticRun, which helps neighborhood stores in India secure capital and boost sales with e-commerce partners, raises a $300M Series E at a $1.5B valuation
Manish Singh / TechCrunch :
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.
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.