South Korean prosecutors ban “dozens” of current and former Terraform Labs employees from leaving the country amid a probe into UST's and LUNA's collapse
South Korean prosecutors take action as they investigate embattled company behind the $40bn luna wipeout
iOS 16, iPadOS 16, and macOS Ventura add an Automatic Verification option, letting iCloud users bypass CAPTCHAs on websites and in apps that support the feature
Tapping on images of traffic lights or deciphering squiggly text to prove you are human will soon be a much less common nuisance …
Solana-based NFT marketplace Magic Eden raised a $130M Series B led by Electric Capital and Greylock at a $1.6B valuation, after a $27M Series A in March 2022
- Magic Eden has scored a $1.6 billion valuation in its latest funding round. — The Solana-based NFT marketplace plans to launch on more blockchains.
BlockFi CEO Zac Prince says the crypto lender “signed a term sheet with FTX to secure a $250M revolving credit facility”
- BlockFi secures $250 million revolving credit facility from crypto exchange FTX. — The crypto lender says the deal ‘bolsters our balance sheet and platform strength.’ Source: @blockfizac .
An investigation into Chinese government bidding documents details its huge surveillance apparatus, including ~500M cameras and extensive phone tracking tools
Times reporters spent over a year combing through government bidding documents that reveal the country's technological road map …
The Khronos Group, Nvidia, Meta, Epic Games, Unity, Microsoft, W3C, and others form the Metaverse Standards Forum, seeking to improve interoperability
Interoperability — or lack thereof — is a key issue in the nascent metaverse industry. The Khronos Group aims to solve …
France's antitrust watchdog declines to levy further fines against Google over paying publishers, saying Google has significantly improved its commitments
Google brought an end to a dispute with publishers and avoided further fines after winning regulatory approval for pledges that pave …
Uber rebrands Uber Pool, paused in March 2020, as UberX Share and relaunches the service in NYC, LA, Chicago, San Francisco, and five other US cities
Uber suspended its shared rides service — Uber Pool — in the early months of the pandemic as a safety measure.
SpaceX's Starlink aid to Ukraine has triggered scrutiny in China, as Chinese firms rush to deploy their own satellite constellations to compete
‘Silicon Valley Iron Man’ is under pressure over satellites as Chinese rivals close in on Tesla — In the days after Vladimir Putin ordered Russian troops …
Mark Zuckerberg demos prototype VR headsets from Reality Labs, none of which will ship, that Meta refers to as “time machines” used to test one specific feature
here's your first look Mashable : Meta has a sweet vision for VR, but it's a long way from reality for the rest of us Michael Kan / PCMag : Zuckerberg: These Prototypes Will Help Us Create Next-Gen, L...
Analysis: China had 19 of the world's 20 fastest-growing chip industry firms of the past four quarters, on average, compared to eight at the same time last year
China's chip industry is growing faster than anywhere else in the world, after US sanctions on local champions from Huawei Technologies Co …
A profile of French antitrust chief Benoît Cœuré, who took over in January, as his agency details its decision over Google paying publishers for content
Mark Scott / Politico : Tweets: @nickbonyhady , @markscott82 , and @markscott82 Tweets: Nick Bonyhady / @nickbonyhady : Google and Meta fought hard (so hard Meta maybe accidentally punted weather pag...
DocuSign says CEO Dan Springer “has agreed to step aside”, effective immediately; the company has lost 60% of its market value year to date
- DocuSign CEO Dan Springer is stepping down in his role after the e-signature software maker lost more than 60% of its value year to date.
Crypto payments company MoonPay partners with Universal, Fox Corp., Death Row Records, and others to create NFT collections on its HyperMint service
Crypto payments company MoonPay is partnering with major entertainment brands as it expands further into the struggling nonfungible token market.
Solend Labs, a “decentralized” lending protocol on Solana, overturns a controversial DAO vote to take over a whale's account that had deposited ~5.7M SOL
if they had the power to do this in the first place, it was never a DeFi protocol This shouldn't be an option at all https://twitter.com/... @vikingxbt : Damage is done already. https://www.theblock.c...
An in-depth look at Tiger Global, the secretive hedge fund and VC firm led by Chase Coleman, as its huge bets on booming tech stocks led to a $25B+ loss by June
Secretive hedge fund Tiger Global changed the rules on tech investing. Then it all went bad. Tweets: @acfou , @nymag , @jcoviedo6 , @walt373 , @churchillcap1 , @alderlaneeggs , @gnoble79 , @buccocapi...
NetEase delays Diablo Immortal's China release after the game's Weibo account alluded to Winnie the Pooh, a way to derisively refer to President Xi Jinping
Financial Times :
Dubai-based Huspy, which offers tools for home buyers, property agents, and mortgage brokers, announces a $37M Series A led by Sequoia Capital India
Founders Fund has made its first investment in the Middle East by backing UAE-based proptech startup Huspy.
After suspending withdrawals on June 17, Babel Finance reaches “preliminary agreements on the repayment period of some debts”, helping ease liquidity pressure
Dear customers， Babel Finance management has taken the following steps … PYMNTS.com : Crypto Lender Babel Announces Debt Relief Babel Finance : Notice — Dear Customers， Recently, the crypto market h...
Singapore-based neobank Stashfin, available in India, raised a $270M Series C, with $70M equity and $200M debt, at a $700M-$800M valuation to expand in Asia
Singapore-based Stashfin has raised $270 million in a new funding round as the neobanking platform, which currently only serves customers in India …
A look at LTD Broadband, which won rights to $1.3B in federal funds to deliver rural broadband in 15 states but missed deadlines and approvals to get the money
LTD Broadband won rights to $1.3 billion in federal funds to deliver broadband in parts of 15 states, then missed deadlines to qualify for money Tweets: @ryanjtracy Tweets: Ryan Tracy / @ryanjtracy : ...
Some SMB owners complain Google is ending its G Suite legacy free edition after over a decade on August 1, arguing the company lured them with a free service
Nico Grant / New York Times :
Meta unveils new monetization tools on Instagram and Facebook, including a marketplace on Instagram where brands can discover creators and pay them for content
Meta CEO Mark Zuckerberg announced today that the company is rolling out more ways for creators to make money on Facebook and Instagram … Facebook: Mark Zuckerberg . Tweets: @verge See also Mediagazer...
Indian startup LeadSquared, which offers sales automation tools, has raised a $153M Series C led by WestBridge Capital at a $1B post-money valuation
Manish Singh / TechCrunch :
VerSe Innovation rolls out its news aggregator Dailyhunt in the UAE, Saudi Arabia, Bahrain, Oman, Qatar, and Kuwait, with over 5K content partners in the region
Kul Bhushan / Tech in Asia :
CryptoQuant: the seven-day average of bitcoins moving to exchanges from cold wallets dropped to 92,470 on Tuesday, down from a 137,326 weekend peak
Sidhartha Shukla / Bloomberg :
RevealSecurity, which uses AI to help companies detect insider cybersecurity threats, has raised a $23M Series A led by SYN Ventures
Duncan Riley / SiliconANGLE :
PwC report: subscription streaming video services in the US will generate revenue of $25.32B in 2022, up 13% YoY but down from annual growth of 19.5% in 2021
Todd Spangler / Variety :
Similarweb: The New York Times grew website visitors 52% YoY to 524.6M in May 2022, helped by Wordle, making the NYT the world's fastest growing top news site
Aisha Majid / Press Gazette : Tweets: @neomythos , @earleyedition , @adebradley , and @pressgazette See also Mediagazer Tweets: Vinay Shukla / @neomythos : Are they playing Wordle or reading NYT? htt...
New York-based Wahed Invest, which describes itself as the world's first “halal robo adviser”, raised a $50M Series B led by Wa'ed Ventures
Analysis: despite claiming to reject gun ads, Google accepted ads from the 15 top US firearms sellers between March 9 and June 6, generating 120M+ impressions
ProPublica : Tweets: @charhappyinmd , @craigsilverman , @craigsilverman , @craigsilverman , @craigsilverman , @chrishendel , @brettmmurphy , @propublica , and @chrisfralic See also Mediagazer Tweets:...
Filings: Tencent reduced its stake in edtech firm Koolearn to 1.6% from 9%; Koolearn's HK shares had surged 684% in just nine trading sessions through June 16
Bloomberg :
Germany's Echobot and Finland's Leadfeeder, which both offer sales tools, agree to merge and have raised €180M from Great Hill Partners to expand
Ingrid Lunden / TechCrunch :
London-based Instanda, which offers insurers a no-code core infrastructure to deploy and orchestrate product portfolios, raised a $45M Series B led by Toscafund
Dan Taylor / Tech.eu :
Paris-based Platform.sh, which helps companies build, run, and scale their apps and websites, raises a $140M Series D and says its ARR is up 50% YoY to $45M
A look at crypto “shark traders”, who scour blockchain records for information on traders with highly leveraged positions and try to push them into liquidation
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.