Microsoft confirms it is developing an HDMI device codenamed Keystone, that connects to any TV or monitor, and offers Xbox game streaming
The key to the cloud. — For a few years, rumors have persisted that Microsoft was exploring building some form of streaming stick …
A Twitter shareholder sues Elon Musk and Twitter over the handling of the acquisition, saying Musk engaged “in conduct designed to create doubt about the deal”
- Since Musk's acquisition bid, Twitter's share price has dropped more than 12%, and Tesla's is down about 28% as part of a broad sell-off in tech stocks.
Facial recognition service PimEyes draws scrutiny for charging high fees to help remove users' photos from sites and allowing searches for other people's faces
PimEyes is a paid service that finds photos of a person from across the internet, including some the person may not want exposed.
Tether enters Latin America by launching the MXNT stablecoin, pegged to the Mexican peso, initially available on the Ethereum, Tron, and Polygon blockchains
Quick Take — Tether has launched a new stablecoin pegged 1:1 to the Mexican peso. — It will be initially available on Ethereum, Tron and Polygon.
People from countries like Argentina, Venezuela, and Nigeria invested in Terra as they saw it as more stable than local currency, but lost thousands in savings
“I have nothing left, not even a penny.” — Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
Human Rights Watch finds 89% of 164 remote learning apps and sites used during the pandemic in 49 countries shared student data with marketers and data brokers
Filing: Twitter rejects Elon Musk ally Egon Durban's resignation from the board, two days after shareholders blocked his re-election at an annual meeting
Twitter Inc (TWTR.N) said in a filing on Friday it would not accept Egon Durban's resignation from the board, after shareholders blocked …
An investigation finds Apple, Meta, Amazon, Google, and Microsoft have launched a coordinated campaign in 31 states against data privacy legislation since 2021
Coordinated industry lobbying is overwhelming the scattered efforts of consumer groups and privacy-minded lawmakers
Broadcom offers to acquire VMware for ~$61B in cash and stock, paying $142.50 per share, a nearly 49% premium, and will assume VMware's $8B in net debt
Chavi Mehta / Reuters :
Report: only 15% of GPs at European VC firms are women, managing just 9% of total assets; in the UK, 13% of GPs are women, managing 5% of total assets
Across Europe as a whole, 85% of VC GPs are men. — In worse than the average in the UK, where 87% of GPs are men.
Sources: a bipartisan bill that would ban Big Tech companies from favoring their products faces resistance from some Senate Democrats worried about the midterms
Young gunmen are using private and disappearing messages in apps like Snapchat, Instagram, Discord, and Yubo to share violent plans, evading content moderation
Private messaging apps are harder to scan for warning signs of potential violence, experts say
Binance, FTX, Crypto.com, Huobi, Bitfinex, Kucoin, and other exchanges pledge support for Do Kwon's Terra 2.0, set to launch on May 27 by airdropping tokens
Sujith Somraaj / Decrypt :
Sources: Substack dropped efforts to raise money, after talks to raise $75M-$100M at a $750M-$1B valuation, during which the company said 2021 revenue was ~$9M
Good afternoon! Today, Realm's no-code beta enters it's … Michael Spencer / Creator Economy Tips : Substack Halts Plans for Series C Funding Casey Newton / Platformer : Substack's failed fundraise Tw...
Bolt Financial laid off 185 employees, or about one-third of its workforce; some have to repay loans they took from the company for vested shares within 90 days
The Daily Brief is a free glimpse into the prevailing fundamental … Lindsey Choo / Protocol : Bolt lays off employees in a company restructuring Erin Woo / New York Times : Bolt, the payments start-up...
Sony plans to ramp up PlayStation 5 production as supply chain issues ease, and a radical broadening of its game portfolio, including more PC and mobile titles
Horizon Call of the Mountain. 🤩 https://www.theverge.com/... Tom Warren / @tomwarren : Sony's PlayStation push for PC continues. Expect to see a lot more PlayStation games on PC in the next few years ...
Manta, which offers a date lineage service for companies to understand and visualize the flow of information, raises a $35M Series B led by Forestay Capital
Manta, a date lineage platform that helps enterprises understand and visualize the flow of information through the organization …
Dell reports Q1 revenue up 16% YoY to $26.1B, vs. $25B est., commercial PC revenue up 22% YoY to $12B, and net income up 62% YoY to $1.07B; stock jumps 5%+
Brody Ford / Bloomberg :
Cloud security startup Lacework, which employed 1,000+ in March 2022, lays off 20% of its workforce; Lacework has raised $1.85B including $1.3B in November 2021
Jadu, which is developing an AR game built around virtual objects owned by players in a metaverse, raises $36M led by Bain Capital Crypto
Jadu Mirrorverse — an AR game built around virtual objects owned by the players — just raised $36M to help create the Web3 “definitive AR & gaming platform …
Microsoft plans to slow hiring in Windows, Office, and Teams groups, citing a need to realign staffing priorities; EVP Rajesh Jha must approve all new hires
At its annual meeting, Amazon shareholders approve Andy Jassy's $212M+ payout and vote down 15 proposals on unionization, climate goals, pay rates, and more
Lauren Rosenblatt / The Seattle Times :
Poland-based Nomagic, which makes pick-and-place warehouse robots, raises a $22M Series A led by Khosla Ventures, Almaz Capital, and European Investment Bank
Ingrid Lunden / TechCrunch :
New York-based Parallel Learning, a telehealth service focused on students with learning challenges, raises a $20M Series A led by Tiger Global
If a kid is having trouble at school, one of the standard steps is to schedule an assessment for conditions like dyslexia, ADHD, or anything else that might require a special approach.
Los Angeles-based BuildOps, which makes all-in-one management software for commercial contractors, raises a $43M Series A led by Next47
Instacart plans to slow hiring as it prepares for its IPO, after hiring over 1,500 staff in 2021; Instacart cut its valuation by 40% to $24B in March 2022
Michael Tobin / Bloomberg :
Source: Brazilian e-commerce startup Vtex, which has an $820M market cap, cut ~200 jobs, or 13% of its workforce; Mexican crypto exchange Bitso cut 80+ staff
Isabela Fleischmann EN / Bloomberg Línea :
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.