The CISA orders US federal civilian agencies to patch or remove VMware products affected by a critical RCE vulnerability that hackers are actively exploiting
Security flaws in VMware and F5's BIG-IP are being exploited by malicious hackers. — Malicious hackers, some believed to be state-backed … Source: CISA , VMware , CISA , and CISA .
Framework updates the 13.5" modular Framework Laptop with 12th-Gen Intel CPUs, starting at $1,049; owners can upgrade existing laptops with a $538 kit
A new laptop that fits inside your old laptop — A little more than a year after announcing the first version of its ultra-repairable …
Report: Netflix had 3.6M cancellations in Q1 2022, up from ~2.5M for each past five quarters; 13% came from subscribers who had the service for over three years
Users subscribed to Netflix for more than three years represented 13 percent of total cancellations Source: The Information .
An interview with a16z's Jonathan Lai on Games Fund One, the VC firm's new $600M fund for games that will invest in studios, infrastructure, and technologies
Andreessen Horowitz has raised a $600 million fund to invest in games. The storied venture capital firm is already a big investor in games … Source: Andreessen Horowitz .
AirDNA, Inside Airbnb, and Douglas Elliman data: NYC has ~3K to ~13K more Airbnb listings than rental apartments despite Airbnb listings falling in the pandemic
The fever isn't breaking. There are now bidding wars for one in every five Manhattan rental apartments (and one in three luxury units) …
New York AG plans to investigate social media platforms “used to stream, promote, or plan” the Buffalo attack, including Twitch, Discord, 4chan, and 8chan
- New York Attorney General Letitia James will investigate social media companies in connection to the apparently racially motivated attack … Source: NY State Attorney General .
FTX.US launches FTX Stocks, a zero-commission stock trading feature available through the FTX app, rolling out in the US over the coming months
- The news comes shortly after Sam Bankman-Fried's acquisition of a 7.6% stake in retail trading giant Robinhood.
As Uber begins to rein in costs, having lost ~$30B in five-odd years, a look at the impact of cheap rides on city transit and the opportunities that were lost
Recently I was talking with an executive who used to work in car-sharing—the wave of companies, led by Zipcar and car2go … Tweets: @henrygrabar , @dlknowles , @carnage4life , @alexhern , @henrygrabar ...
TikTok launches Branded Mission, a product that lets advertisers crowdsource content from creators with 1K+ followers and turn top-performing videos into ads
TikTok announced today that it's launching a new ad product called “Branded Mission” that will allow creators to connect with brands and possibly receive rewards for videos.
China's internet censors are expanding the practice of displaying social media users' locations and IP addresses under posts, ostensibly to fight disinformation
Joy Dong / New York Times : Tweets: @johnliunn , @andreaslandwehr , @identityreview , @jojjeols , @kenroth , @nytimestech , and @kashhill Tweets: John Liu / @johnliunn : This new trick has “offered n...
Chinese citizens angered by Shanghai's ongoing lockdowns are evading censorship of a viral post and video criticizing the government by minting them into NFTs
Growing popularity of decentralised ledger technology presents fresh challenge for country's censors Tweets: @caseynewton , @tim , @katebevan , @jerrybrito , @alisonkilling , and @youtuberlaw Tweets: ...
Meta freezes hiring of engineers for product teams including Facebook Gaming, Dating, and Commerce; Zuckerberg said internally Meta is not planning layoffs
Mark Zuckerberg has internally downplayed the possibility of layoffs — Meta is pulling back its investments in a number of products …
A look at the competition between China and the US to build exascale supercomputers, useful for defense and climate modeling, as China pulls ahead
World's biggest economies battle to dominate advanced processing power that will affect defence and climate modelling
New bipartisan Senate bill prohibits companies with $20B+ in annual digital ad transactions from participating in more than one part of the digital ad ecosystem
Legislation, which has some Democratic support, takes aim at conflicts of interest in the advertising technology industry
Following years of complaints, TikTok announces its first crediting tools, letting creators link back to the videos of other creators and trend originators
Todd Spangler / Variety :
As drug overdoses soar in the US, Snap, Instagram, Discord, and other major platforms have become a quick and easy conduit for drug deals
The soaring drug fatalities in the U.S. are being fueled partly by fentanyl-tainted pills bought by teenagers and young adults on Snapchat, Instagram, TikTok and other social media apps.
Fastly acquires Glitch, the web coding service formerly called Fog Creek Software; Glitch CEO Anil Dash will join Fastly as its VP of developer experience
The coding platform will continue under the new owner — Fastly, a major provider of cloud services, announced today that it's acquiring Glitch …
Texas asks SCOTUS to keep the state's social media law in effect; AG Ken Paxton argues that social media platforms should be regulated as common carriers
Cat Zakrzewski / Washington Post :
Stripe launches Data Pipeline, letting its US customers link Stripe transactions data and their data stores in Amazon Redshift or Snowflake's Data Cloud
Stripe — the payments giant valued at $95 billion — is on a product sprint to expand its services and functionality beyond …
YouTube rolls out player features to all users, including a graph to easily locate the “Most replayed” video parts, support for video chapters, and video loops
Sarah Perez / TechCrunch :
Near, a data intelligence company that claims to have 1.6B anonymized user profiles, raises $100M as it goes public via a SPAC merger at a ~$1B valuation
The IPO window has all but closed for technology companies in the wake of a massive downturn in the market, but an opening still remains for some, in the form of SPACs.
Indian used car marketplace Cars24 lays off 600 people, which a source says is 6% of its workforce, after raising $400M in December 2021
Cars24, a marketplace for used cars, has laid off about 600 people just five months after closing a $400 million financing round …
In a letter to portfolio founders, YC advises them to “plan for the worst” by cutting expenses and focusing on extending runways amid the economic downturn
Y Combinator, a Silicon Valley kingmaker, is advising its portfolio founders to “plan for the worst” …
Singapore-based Grab reports Q1 revenue rose 6% YoY to $228M, beating analyst estimates, as its net loss narrowed to $435M; Grab stock is down 70%+ from its IPO
Grab Holdings Ltd. said revenue rose 6% in the first quarter after the ride-hailing and delivery company won back consumers as the pandemic receded in Southeast Asia.
India says cloud providers and VPN operators that don't comply with its cybersecurity rules, effective as of June 27, “will have to pull out” of the country
Manish Singh / TechCrunch : Source: Cert-In , Cert-In , and Press Information Bureau .
Twitter's board says “Mr. Musk agreed to a transaction at $54.20 per share” and that it intends to “close the transaction and enforce the merger agreement”
Amazon refreshes its Fire 7 tablet with USB-C charging, better battery life, and a 30% faster processor, and raises the price from $50 to $60, coming June 29
In response to rivals' complaints, Microsoft begins relaxing its cloud licensing rules in Europe, which made running its software on other clouds more expensive
NHTSA records show it is investigating over 30 incidents of a Tesla suspected of being on Autopilot mode going on to be involved in a serious crash
Ryan Felton / Wall Street Journal :
New York accuses Amazon of discriminating against pregnant workers and those with disabilities; the state seeks civil fines and an end to discriminatory conduct
Annie Palmer / CNBC :
CoinGecko: after Tether briefly lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC circulation rose by ~$3.4B and Binance USD gained $1.2B
Jakarta-based payments infrastructure startup Xendit raises a $300M Series D led by Coatue and Insight, after raising a $150M Series C in September 2021
Gené Teare / Crunchbase News :
Cairo- and San Francisco-based Instabug, which helps developers monitor performance and fix bugs in their apps, raises a $46M Series B led by Insight Partners
Mary Ann Azevedo / TechCrunch :
Wear OS watch users with YouTube Premium can now use the YouTube Music app to stream 80M songs over Wi-Fi and LTE, which doesn't work for iOS Wear OS 2 users
Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and a ~$87M net loss, as China's lockdown cripples smartphone sales
Bloomberg :
Sources: Klarna is aiming to raise up to $1B at valuation of around $30B, a ~30% drop from its $46B valuation in its last round led by SoftBank's Vision Fund 2
Wall Street Journal :
Cisco misses with Q3 revenue flat YoY at $12.8B, vs. $13.34B expected, and forecasts a YoY revenue decline in Q4 between 1% and 5.5%; stock drops 10%+
Jordan Novet / CNBC :
Four Democratic senators ask the FTC to investigate whether ID.me illegally misled consumers and government agencies about its use of facial recognition tech
Bloomberg :
N3TWORK Studios, a blockchain gaming startup that incorporates features like NFTs into its mobile games, raises a $46M Series A led by Griffin Gaming Partners
MK Manoylov / The Block :
SpotOn, which provides payment and management services to SMBs in retail, food, and hospitality, raises a $300M Series F led by Dragoneer at a $3.6B valuation
Mary Ann Azevedo / TechCrunch :
Everstream Analytics, which uses AI to offer supply chain insights and risk analytics, raises a $24M Series A led by Morgan Stanley
Kyle Wiggers / TechCrunch :
At Block's first investor day since 2017, CEO Jack Dorsey doubled down on the company's bitcoin bet; Block's stock is down from its peak of $289.23 to ~$82.05
The simplest definition of money is a medium of exchange that we use … PYMNTS.com : Dorsey: Block Shifting From Payments-Only Focus With Blockchain Emphasis Michael Bellusci / CoinDesk : Block Sees B...
Sources: TikTok is testing in-app games in Vietnam as part of a push into gaming; TikTok says it has tested HTML5 games in partnership with Zynga and others
Palo Alto-based Glean, which uses AI to offer unified search across apps used at a company, raises a $100M Series C led by Sequoia at a $1B post-money valuation
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.