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Showing posts from November 28, 2021

Crypto exchange BitMart says it suffered a hack resulting in the loss of $150M in crypto, after its Ethereum and Binance Smart Chain hot wallets were breached (Tim Copeland/The Block) https://ift.tt/3GfdvV7

Tim Copeland / The Block : Crypto exchange BitMart says it suffered a hack resulting in the loss of $150M in crypto, after its Ethereum and Binance Smart Chain hot wallets were breached   —  Crypto exchange BitMart said late Saturday that it has suffered a hack, resulting in the loss of $150 million worth of crypto.

Life House, which offers hotel management software, raises a $60M Series C co-led by Kayak and Inovia Capital, bringing its total funding to over $100M (Mary Ann Azevedo/TechCrunch) https://ift.tt/3Es4EyX

Mary Ann Azevedo / TechCrunch : Life House, which offers hotel management software, raises a $60M Series C co-led by Kayak and Inovia Capital, bringing its total funding to over $100M   —  Inovia Capital, Tiger Global also backed the startup, which has developed software aimed at hotel operators

Profile of Group-IB CEO Ilya Sachkov, who is charged with treason in Russia, sources say for allegedly giving the US info about Fancy Bear's 2016 operation (Bloomberg) https://ift.tt/31nRPHI

Bloomberg : Profile of Group-IB CEO Ilya Sachkov, who is charged with treason in Russia, sources say for allegedly giving the US info about Fancy Bear's 2016 operation   —  Ilya Sachkov, who's been charged with treason in Russia, is alleged to have given the U.S. information about the “Fancy Bear” …

As Web3 takes proliferate, it's worth noting there are two distinct "is Web3 bullshit?" questions: an open-ended technical question, and whether it will "win" (Max Read/Read Max) https://ift.tt/3GfAgbC

Max Read / Read Max : As Web3 takes proliferate, it's worth noting there are two distinct “is Web3 bullshit?” questions: an open-ended technical question, and whether it will “win”   —  And is that even the right question? … Is web3 bullshit?  The hazy vision of new decentralized internet …

Former football coach fired for removing Black Lives Matter poster alleges First Amendment rights violated https://ift.tt/eA8V8J

A former Illinois State University (ISU) assistant football coach has sued the team's head coach and the school's former athletic director, alleging his First Amendment rights were violated after he removed a Black Lives Matter poster from his door and replaced it with a different one.

Spotify removed the work of hundreds of comedians, including John Mulaney and Kevin Hart, amid a fight with royalty administration agency Spoken Giants (Anne Steele/Wall Street Journal) https://ift.tt/3InQZuU

Anne Steele / Wall Street Journal : Spotify removed the work of hundreds of comedians, including John Mulaney and Kevin Hart, amid a fight with royalty administration agency Spoken Giants   —  A push for royalty payments on comedic material sidelines work of Kevin Hart, Tiffany Haddish and hundreds of others

Sources: Airtable, a developer of cloud-based collaboration software, is finalizing $700M+ in new funding at an $11.7B valuation (Berber Jin/The Information) https://ift.tt/3onyA9U

Berber Jin / The Information : Sources: Airtable, a developer of cloud-based collaboration software, is finalizing $700M+ in new funding at an $11.7B valuation   —  Airtable, a developer of cloud-based collaboration software, is finalizing a new round of funding that would value the San Francisco startup at $11.7 billion including …

Meta says it is testing a Split Payments feature for Facebook Messenger in the US that lets users share the cost of bills and expenses (Aisha Malik/TechCrunch) https://ift.tt/3rtHaFY

Aisha Malik / TechCrunch : Meta says it is testing a Split Payments feature for Facebook Messenger in the US that lets users share the cost of bills and expenses   —  Facebook Messenger announced today that it's starting to test out a new “Split Payments” feature that introduces a way for users to share the cost of bills and expenses through the app.

Twitter CEO Parag Agrawal announces a major reorganization in a staff email; head of engineering Michael Montano and design lead Dantley Davis will step down (Washington Post) https://ift.tt/3rzjcZV

Washington Post : Twitter CEO Parag Agrawal announces a major reorganization in a staff email; head of engineering Michael Montano and design lead Dantley Davis will step down   —  Engineering, design leads out as Parag Agrawal announces big changes.  —  Twitter's new CEO, Parag Agrawal …

FBI says the "Cuba Ransomware" gang earned about $43.9M from ransom payments and breached at least 49 US critical infrastructure organizations this year (Catalin Cimpanu/The Record) https://ift.tt/3olyjnS

Catalin Cimpanu / The Record : FBI says the “Cuba Ransomware” gang earned about $43.9M from ransom payments and breached at least 49 US critical infrastructure organizations this year   —  The US Federal Bureau of Investigations said today that the operators of the Cuba ransomware have earned at least $43.9 million …

Sources: Sony plans to launch a subscription service, codenamed Spartacus, next spring that merges PlayStation Plus and PS Now, to compete with Xbox Game Pass (Jason Schreier/Bloomberg) https://ift.tt/3rth31U

Jason Schreier / Bloomberg : Sources: Sony plans to launch a subscription service, codenamed Spartacus, next spring that merges PlayStation Plus and PS Now, to compete with Xbox Game Pass   —  - Subscription offering would blend PlayStation Now and PS Plus  — Code-named Spartacus, launch is targeted for next spring

Marketers are reacting to privacy laws and Big Tech policy changes with quizzes and other events to collect their own customer info and build detailed profiles (Suzanne Vranica/Wall Street Journal) https://ift.tt/3dhnxbT

Suzanne Vranica / Wall Street Journal : Marketers are reacting to privacy laws and Big Tech policy changes with quizzes and other events to collect their own customer info and build detailed profiles   —  Marketers are staging sweepstakes, quizzes and events to gather people's personal information and build detailed profiles

Panther Labs, which helps companies detect and respond to security threats in real time, raises a $120M Series B led by Coatue at a $1.4B valuation (Mehnaz Yasmin/Reuters) https://ift.tt/hZAXDR

Mehnaz Yasmin / Reuters : Panther Labs, which helps companies detect and respond to security threats in real time, raises a $120M Series B led by Coatue at a $1.4B valuation   —  Panther Labs raised $120 million in fresh capital as part of an early-stage financing round led by investment manager Coatue …

The FTC sues to block Nvidia's $40B acquisition of Arm, arguing the chip deal is anticompetitive (Brent Kendall/Wall Street Journal) https://ift.tt/3xM9Ueh

Brent Kendall / Wall Street Journal : The FTC sues to block Nvidia's $40B acquisition of Arm, arguing the chip deal is anticompetitive   —  The regulator alleges the semiconductor deal is anticompetitive  —  WASHINGTON—The Federal Trade Commission on Thursday challenged Nvidia Corp.'s proposed $40 billion takeover of Arm Holdings …

The four leading virtual worlds recorded over $100M in NFT land sales in the past week, with The Sandbox alone seeing trading volumes of over $86M (Hristina Yordanova/DappRadar) https://ift.tt/3Emhwq9

Hristina Yordanova / DappRadar : The four leading virtual worlds recorded over $100M in NFT land sales in the past week, with The Sandbox alone seeing trading volumes of over $86M   —  The Sandbox alone attracted more than $86 million in land sales  —  Metaverse land is the new big hit in the crypto community …

Sources: Goldman Sachs is among a handful of tier-one US banks working on ways to use bitcoin as collateral for cash loans to institutions (Ian Allison/CoinDesk) https://ift.tt/3Gpnh7l

Ian Allison / CoinDesk : Sources: Goldman Sachs is among a handful of tier-one US banks working on ways to use bitcoin as collateral for cash loans to institutions   —  Goldman Sachs is among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions, according to three people familiar with the plans.

Report: Google's Pixel hardware group is working on the company's first smartwatch, internally codenamed "Rohan", which it plans to launch next year (The Verge) https://ift.tt/3EdVvtD

The Verge : Report: Google's Pixel hardware group is working on the company's first smartwatch, internally codenamed “Rohan”, which it plans to launch next year   —  A Pixel Watch is finally in the works  —  Google is finally making its own in-house smartwatch that's set to launch in 2022 …

Meta's NPE team recently set up an office in Lagos and plans another in Asia as it changes strategy to include making seed investments in small teams (Sarah Perez/TechCrunch) https://ift.tt/3oeSio8

Sarah Perez / TechCrunch : Meta's NPE team recently set up an office in Lagos and plans another in Asia as it changes strategy to include making seed investments in small teams   —  Meta's (formerly, Facebook's) experimental app division, the NPE team, is shifting gears.  The group, which first launched in mid-2019 …

AWS announces Amplify Studio, a Figma-connected low-code service to help developers build cloud apps, as an extension of its AWS Amplify service (Frederic Lardinois/TechCrunch) https://ift.tt/3ppmjRg

Frederic Lardinois / TechCrunch : AWS announces Amplify Studio, a Figma-connected low-code service to help developers build cloud apps, as an extension of its AWS Amplify service   —  At its re:Invent conference, AWS today announced Amplify Studio, a new Figma-connected no-code/low-code service that is meant to help developers quickly build cloud-connected apps.

London-based Glorify, a Christian app that offers audio prayers and more, raises a $40M Series A led by a16z at a $250M valuation (Cristina Criddle/Financial Times) https://ift.tt/2ZOmDAz

Cristina Criddle / Financial Times : London-based Glorify, a Christian app that offers audio prayers and more, raises a $40M Series A led by a16z at a $250M valuation   —  Glorify attracts investment from VC firms as well as Kris Jenner and Michael Bublé  —  An app that helps Christians connect to God has attracted investment …

A look at China's extensive tech investments in Africa, including undersea cables, data centers, and fintech apps, as part of its "Digital Silk Road" initiative (Yinka Adegoke/Rest of World) https://ift.tt/2ZHF75w

Yinka Adegoke / Rest of World : A look at China's extensive tech investments in Africa, including undersea cables, data centers, and fintech apps, as part of its “Digital Silk Road” initiative   —  As the Chinese “tech stack” leads from undersea cables to smartphones and fintech apps, concerns grow for the digital future of ordinary Africans.

AWS announces SageMaker Studio Lab, a free version of SageMaker to help customers with little experience build, train, and deploy ML models (Stephanie Condon/ZDNet) https://ift.tt/3d9G8GL

Stephanie Condon / ZDNet : AWS announces SageMaker Studio Lab, a free version of SageMaker to help customers with little experience build, train, and deploy ML models   —  At re:Invent, the cloud giant also announced a new $10 million AI & ML scholarship program for underrepresented and underserved students.

In an internal Slack message, Marc Benioff says Salesforce co-CEO Bret Taylor will continue to report to him (Kevin McLaughlin/The Information) https://ift.tt/3Desyw8

Kevin McLaughlin / The Information : In an internal Slack message, Marc Benioff says Salesforce co-CEO Bret Taylor will continue to report to him   —  Bret Taylor is co-CEO of Salesforce in name only, it turns out.  The Information has learned that in his new role Taylor will continue to report to Marc Benioff, who is ostensibly his equal as co-CEO.

Salesforce promotes Bret Taylor to Vice Chair of the Board and co-CEO alongside Marc Benioff, effective immediately (Jordan Novet/CNBC) https://ift.tt/3xGZHPX

Jordan Novet / CNBC : Salesforce promotes Bret Taylor to Vice Chair of the Board and co-CEO alongside Marc Benioff, effective immediately   —  - Bret Taylor will be co-CEO alongside Marc Benioff, who built Salesforce into one of the world's largest enterprise software companies.  — Taylor was quickly promoted …

Amazon touts "record-breaking Black Friday through Cyber Monday sales", in sharp contrast to reports of lackluster sales for the broader e-commerce industry (Annie Palmer/CNBC) https://ift.tt/3lmc5A2

Annie Palmer / CNBC : Amazon touts “record-breaking Black Friday through Cyber Monday sales”, in sharp contrast to reports of lackluster sales for the broader e-commerce industry   —  - Amazon said it rang up record-breaking sales between Black Friday and Cyber Monday.

The Amazon Appstore and apps downloaded from it are broken on Android 12, despite the new OS version launching over a month ago (Lee Mathews/Liliputing) https://ift.tt/3D9PX1R

Lee Mathews / Liliputing : The Amazon Appstore and apps downloaded from it are broken on Android 12, despite the new OS version launching over a month ago   —  As much as we'd like it to be, Installing a major operating system update isn't always the most trouble-free process.  Even if everything does go well with the update itself …

Amazon announces AWS IoT TwinMaker to help developers create digital twins of real-time systems like buildings, factories, equipment, and product lines (Kyle Wiggers/VentureBeat) https://ift.tt/3xBoGV2

Kyle Wiggers / VentureBeat : Amazon announces AWS IoT TwinMaker to help developers create digital twins of real-time systems like buildings, factories, equipment, and product lines   —  Amazon today announced Amazon Web Services (AWS) IoT TwinMaker, a new service designed to make it easier for developers to create digital twins …