Source: a British Virgin Islands court ordered the liquidation of Singapore-based Three Arrows Capital on June 27; Teneo will handle the insolvency process
A court in the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital, underlining the crisis gripping …
CoinFlex CEO Mark Lamb says crypto investor Roger Ver owes the exchange $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty
The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.
The FCC's Brendan Carr writes to Apple and Google asking they remove TikTok from app stores over China-related security concerns or provide statements by July 8
- Brendan Carr, one of the FCC's commissioners, shared Tuesday via Twitter a letter to Apple CEO Tim Cook and Alphabet CEO Sundar Pichai … Source: @brendancarrfcc .
Sources: Tesla laid off ~200 Autopilot workers, most of them hourly and focused on data labeling, and closes its San Mateo office, as part of broader reductions
Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter.
Carl Pei says Nothing phone (1) will use the mid-range Snapdragon 778G+, not the high-end 8 Gen 1, citing a balance of cost, performance, and power consumption
By the time Nothing's July 12 launch event for the Phone (1) comes around, there won't be much (if anything) left to announce for the transparent Android smartphone.
Meta tests Discord-like changes to Facebook Groups, adding a channels list in a left-aligned sidebar that can include audio rooms, text chats, and feed channels
New Groups changes seem inspired directly by Discord — Facebook Groups are about to get some big changes, and if you've used Discord …
NOAA triples its weather modeling capabilities with two supercomputers built by General Dynamics at a cost of $505M, each operating at a speed of 12.1 petaflops
Last year, hurricanes hammered the Southern and Eastern US coasts at the cost of more than 160 lives and $70 billion in damages.
After freezing withdrawals, crypto exchange CoinFlex plans to issue up to 47M Recovery Value USD tokens, offering a 20% annual return, to repay a $47M debt
Experts say the crypto crash has wiped out millions of dollars stolen by North Korean hackers, threatening a key source of funding and its weapons programs
The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say …
After providing $750M in credit lines, Sam Bankman-Fried says some crypto companies are “basically too far gone”, “bearish views on Tether are wrong”, and more
After throwing lifelines to troubled digital currency platforms BlockFi and Voyager Digital …
MicroStrategy purchased 480 bitcoins at a $20,817 average price from May 3 to June 28, bringing its holdings to 129,699, acquired for ~$3.98B or $30,664 each
The company disclosed the acquisition of another 480 bitcoins, bringing total holdings to 129,699 coins. Source: @saylor .
A federal judge rules former Uber CSO Joe Sullivan must face wire fraud charges for allegedly helping cover up a 2016 hack that exposed the data of 57 million
(Reuters) - A federal judge on Tuesday said a former Uber Technologies Inc security chief must face wire fraud charges …
Snap launches Snapchat+, offering exclusive, experimental, and pre-release Snapchat features for $3.99 per month, starting in nine countries
No, it doesn't let you turn off ads — Starting this week, Snap will begin offering an optional subscription called Snapchat Plus that unlocks exclusive and early access features.
Google announces Google Public Sector, a new division aiming to bring Google Cloud tech to US educational institutions and federal, state, and local governments
Google today is home to two divisions that have their own CEOs: Cloud and YouTube. “Google Public Sector” was announced today as a …
Internal documents from 2021 show Celsius issued large loans backed by little collateral while pitching itself as less risky than a bank with better returns
The lender had little cushion in the event of a downturn or mass withdrawals, investor documents show
London-based Entrepreneur First, which invests in nascent startups, connects co-founders, and offers support, has raised a $158M Series C at a ~$560M valuation
Entrepreneur First made a name for itself a decade ago in its home base of London, and then further afield …
Some VR developers express frustrations with Meta's Quest Store fees, a 30% cut for purchases and 15% to 30% for subscriptions, given Meta's criticism of Apple
Facebook parent faces backlash from developers and accusations of ‘hypocrisy’ over virtual reality store terms
Sony launches InZone, a brand of PC gaming devices and accessories with PS5 integration, starting with 4K and 1080p 27" monitors and three headphones
Shannon Liao / Washington Post :
As crypto enters another winter, Jimmy Fallon, Serena Williams, Reese Witherspoon, Meek Mill, and other celebrities quietly remove their NFT profile pictures
Jimmy Fallon, Shonda Rhimes, Travis Barker, and Meek Mill are among the celebrities who have abandoned their NFT avatars. Tweets: @crypto_bobby , @ben_mckenzie , @thestalwart , @anthony , and @danielg...
Arm announces new mobile Armv9 CPUs with improved performance and new GPUs including the flagship Immortalis-G715, its first with hardware-enabled ray-tracing
Hadlee Simons / Android Authority :
Experts express concerns over hackers commandeering ship controls, including automated steering and propulsion systems, despite some efforts to rectify issues
In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the US Coast Guard. Tweets: @zschneeweiss , @jimpethokoukis , and @joshuasteinman Twee...
W3C plans to become a public-interest non-profit organization in January 2023, saying the change is “imperative to preserve the core mission of the Consortium”
Coralie Mercier / World Wide Web Consortium :
Forbes estimates the top 16 crypto billionaires lost $59B+ between March and June, led by Binance's CZ, as retail investors suffer heavy losses amid the rout
No cryptocurrency investor has been spared the pain of plunging prices. But the fallout from more than $700 billion in losses is far from even. Tweets: @andreasharsono Tweets: Andreas Harsono / @andr...
UK-based Cleo, which offers an AI-powered financial assistance app aimed at Gen Z users, raised an $80M Series C led by Sofina
The British company, which has a US-first growth strategy, will utilise the funding to continue its growth in the U.S., including a significant increase in employee headcount
Pinterest CEO Ben Silbermann is stepping down and transitioning to executive chairman, to be replaced by Google's president of commerce Bill Ready
and Google's e-commerce exec takes the reins Mahira Dayal / The Information : Pinterest Bets Big on Commerce With CEO Hire; A Science Creator Shuns YouTube Ad Share Abner Li / 9to5Google : Google lose...
A look at NGL, an app that lets Instagram users send anonymous DMs, and its content moderation challenges; Data.ai: NGL has 1.75M downloads since November 2021
A new app that allows Instagram users to send anonymous messages is soaring in popularity - and renewing concerns about cyberbullying …
Airbnb makes its temporary ban on parties at rented properties, introduced in 2020, permanent, saying the ban “became much more than a public health measure”
James Vincent / The Verge :
PicnicHealth, which lets patients manage their health records online and aims to share anonymized data with researchers, raised a $60M Series C led by B Capital
Weights & Biases, developer tools for machine learning Amy Baxter / Health Exec : Patient data company PicnicHealth raises $60M Tweets: @picnichealth : We're very happy to announce our $60M in a Serie...
New York-based Nomad Health, an online marketplace for temporary health care jobs, raised $105M, bringing its total funding to $200M+, to expand beyond nurses
Katie Jennings / Forbes :
A profile of ADT, which helps Google sell and install Nest smart home products, ahead of unveiling its ADT+ smart home security software and hardware in 2023
Kneeling beneath a framed print of Thomas Kinkade's painting A Peaceful Retreat, Roli Chiu, alarm system installer … Tweets: @austincarr Tweets: Austin Carr / @austincarr : ADT got started in home sec...
Tel Aviv-based Konnecto, which helps brands improve their marketing by analyzing consumers' online purchase data, raised a $21M Series A led by PeakSpan Capital
Oshry Alkeslasi / Geektime :
Source: Byju's offers to acquire 2U Inc. for ~$15 per share in cash, a 61% premium on its $9.30 Tuesday closing price, valuing the US edtech company at ~$2B
Saritha Rai / Bloomberg :
Sources: the Treasury Department and IRS are likely to postpone a January 2023 starting date for crypto companies to track clients' captial gains and losses
The US government's bid to collect billions of dollars in taxes is hitting a snag, with the Biden administration poised to delay … Tweets: @allyversprille Tweets: Ally Versprille / @allyversprille : S...
Pave, which analyzes HR data to help companies close pay and equity gaps, raised a $100M Series C at a $1.6B valuation and acquires rival Option Impact
Allison Levitsky / Protocol :
New York-based Nautical Commerce, which offers multivendor marketplace tools, raised a $30M Series A led by Drive Capital, bringing its total funding to ~$33.2M
Christine Hall / TechCrunch :
Normalyze, which enables security teams to continuously analyze, prioritize, and respond to cloud data threats, emerges from stealth with a $22.2M Series A
Corinna Makris / VentureBeat :
London-based Birdie, which offers digital tools to in-home care providers to optimize their workflow, raised a $30M Series B, bringing its total funding to $52M
Natasha Lomas / TechCrunch :
Deliveroo plans to introduce new ad space on its app and website in July, including selling ads on its order-tracker page, in its push to become profitable
Ivan Levingston / Bloomberg : Tweets: @ivanlevingston Tweets: Ivan Levingston / @ivanlevingston : A bit of 🍔 🚴 news this morning: Deliveroo is rolling out an ad platform to attract consumer brand bud...
Sources: Samsung Display acquires the IP and tech of Germany-based startup Cynora, which specializes in OLED displays for foldable devices, for about $300M
Mark Gurman / Bloomberg :
A deep dive into Truth Social's struggles to build a competitive social media platform, largely because the company alienated tech talent and corporate partners
a niche appetite — here's a link. https://www.reuters.com/... By “troubles” I mean awkward facts like a federal grand jury has issued subpoenas to all of your directors. Also, engineers won't work for...
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.