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Showing posts from May 22, 2022

Some teens say French social networking app Yubo, which had 18M downloads in the US, ignored reports that the Uvalde shooter threatened violence on the app (Washington Post) https://ift.tt/Cs8zW39

Washington Post : Some teens say French social networking app Yubo, which had 18M downloads in the US, ignored reports that the Uvalde shooter threatened violence on the app   —  Young people who met the alleged gunman online said he had threatened to kidnap, rape or kill.  But they said their reports …

Microsoft researchers find severe vulnerabilities in mce Systems' framework used by Android apps from major mobile providers including AT&T and Bell Canada (Sergiu Gatlan/BleepingComputer) https://ift.tt/TuZpQtc

Sergiu Gatlan / BleepingComputer : Microsoft researchers find severe vulnerabilities in mce Systems' framework used by Android apps from major mobile providers including AT&T and Bell Canada   —  Microsoft security researchers have found high severity vulnerabilities in a framework used by Android apps from multiple large international mobile service providers.

Indonesia-based Bibit, which runs robo-advisor services for mutual funds and invests users' money based on their risk profiles, raises $80M led by GIC (Budi Sutrisno/Tech in Asia) https://ift.tt/kRJ9Bpj

Budi Sutrisno / Tech in Asia : Indonesia-based Bibit, which runs robo-advisor services for mutual funds and invests users' money based on their risk profiles, raises $80M led by GIC   —  Indonesia-based investment app Bibit has raised over US$80 million in a funding round led by GIC, with participation from Prosus Ventures and other existing investors.

Sources: Substack dropped efforts to raise money, after talks to raise $75M to $100M at a $750M to $1B valuation, and told investors it had ~$9M revenue in 2021 (Benjamin Mullin/New York Times) https://ift.tt/BEw1IxF

Benjamin Mullin / New York Times : Sources: Substack dropped efforts to raise money, after talks to raise $75M to $100M at a $750M to $1B valuation, and told investors it had ~$9M revenue in 2021   —  Amid an industrywide downturn, venture investors are preaching austerity and halting new deals, particularly for companies that have spent aggressively on growth.

Los Angeles-based BuildOps, which makes management software for commercial contractors, raises a $43M Series A led by Next47 (FinSMEs) https://ift.tt/rOy7p0L

FinSMEs : Los Angeles-based BuildOps, which makes management software for commercial contractors, raises a $43M Series A led by Next47   —  BuildOps, a Los Angeles, CA-based all-in-one management software built specifically for the modern commercial contractor, raised $43 million in Series A funding.

Leaked video shows Apple SVP of Retail + People Deirdre O'Brien telling employees that joining a union could hinder Apple's ability to improve workers' jobs (Lauren Kaori Gurley/VICE) https://ift.tt/c6huKSf

Lauren Kaori Gurley / VICE : Leaked video shows Apple SVP of Retail + People Deirdre O'Brien telling employees that joining a union could hinder Apple's ability to improve workers' jobs   —  In an internal video circulated among Apple's 58,000 retail employees, Apple's vice-president of retail suggested that a union …

Jack Dorsey is leaving Twitter's board of directors, effective today (Dan Primack/Axios) https://ift.tt/PD0KM5m

Dan Primack / Axios : Jack Dorsey is leaving Twitter's board of directors, effective today   —  Jack Dorsey is leaving the board of Twitter, effective today.  The move had been telegraphed last fall, when he stepped down as the social media company's CEO.

Microsoft says 10M+ players have streamed games with Xbox Cloud Gaming; last Sept., Nvidia said GeForce Now had 12M users; Google has been silent about Stadia (Ben Schoon/9to5Google) https://ift.tt/0Gxukdt

Ben Schoon / 9to5Google : Microsoft says 10M+ players have streamed games with Xbox Cloud Gaming; last Sept., Nvidia said GeForce Now had 12M users; Google has been silent about Stadia   —  Today during the company's Build conference, Microsoft's Satya Nadella officially confirmed how many players are using Xbox Cloud Gaming - over 10 million.

Semperis, a cybersecurity startup offering tools to protect Microsoft Active Directory users, raises over $200M led by KKR (Krystal Hu/Reuters) https://ift.tt/od1etzD

Krystal Hu / Reuters : Semperis, a cybersecurity startup offering tools to protect Microsoft Active Directory users, raises over $200M led by KKR   —  U.S. cybersecurity software firm Semperis said it has raised over $200 million in a funding round led by private equity firm KKR & Co Inc (KKR.N) at a valuation substantially higher than in its previous round.

Sources: Coinbase is testing an app from Ray Dalio's company Principles that lets staff rate each other on how well they exemplify Coinbase's 10 cultural tenets (The Information) https://ift.tt/hLibrU8

The Information : Sources: Coinbase is testing an app from Ray Dalio's company Principles that lets staff rate each other on how well they exemplify Coinbase's 10 cultural tenets   —  Coinbase, a cryptocurrency trading firm that garnered attention for banning salary negotiations and political speech among employees …

Sources: eToro is in the advanced stages of raising $800M to $1B at a valuation of $5B to $6B, while its SPAC merger plans have stalled but not been abandoned (CTech) https://ift.tt/yYwdT4j

CTech : Sources: eToro is in the advanced stages of raising $800M to $1B at a valuation of $5B to $6B, while its SPAC merger plans have stalled but not been abandoned   —  While it continues to work to complete the SPAC merger, eToro is also in advanced stages of completing a massive private funding round of between $800 million and $1 billion.

UK's data protection watchdog fines Clearview AI ~£7.5M for violating privacy laws and orders the company to delete all info on UK citizens from its systems (Natasha Lomas/TechCrunch) https://ift.tt/PDw12ko

Natasha Lomas / TechCrunch : UK's data protection watchdog fines Clearview AI ~£7.5M for violating privacy laws and orders the company to delete all info on UK citizens from its systems   —  The UK's data protection watchdog has confirmed a penalty for the controversial facial recognition company, Clearview AI …

Sources: Airbnb to remove all mainland China listings for stays and experiences by this summer but will keep an office in Beijing focusing on outbound travel (Deirdre Bosa/CNBC) https://ift.tt/haYEei9

Deirdre Bosa / CNBC : Sources: Airbnb to remove all mainland China listings for stays and experiences by this summer but will keep an office in Beijing focusing on outbound travel   —  - All mainland Chinese listings — homes and experiences — will be taken down by this summer, but Airbnb will continue to maintain …

The Buffalo shooting live stream shows the strengths and limitations of the Christchurch Call accord, created in 2019 to counter online terrorist content (Stephen Wright/Wall Street Journal) https://ift.tt/Zz51S7B

Stephen Wright / Wall Street Journal : The Buffalo shooting live stream shows the strengths and limitations of the Christchurch Call accord, created in 2019 to counter online terrorist content   —  Live-streaming of the rampage shone spotlight on the Christchurch Call, launched after 2019 mosque killings in New Zealand

Paytm, whose share price has dropped 57% so far this year, reports Q4 revenue of ~$200M, up 89% YoY, and a net loss of ~$98M, up 72% YoY due to higher expenses (Reuters) https://ift.tt/BF7YPVo

Reuters : Paytm, whose share price has dropped 57% so far this year, reports Q4 revenue of ~$200M, up 89% YoY, and a net loss of ~$98M, up 72% YoY due to higher expenses   —  India's One 97 Communications Ltd (PAYT.NS), the parent of fintech firm Paytm, on Friday reported a wider fourth-quarter loss due …

YouTube says it has taken down more than 70,000 videos and 9,000 channels related to the war in Ukraine for violating content guidelines (Dan Milmo/The Guardian) https://ift.tt/1VOvapB

Dan Milmo / The Guardian : YouTube says it has taken down more than 70,000 videos and 9,000 channels related to the war in Ukraine for violating content guidelines   —  Exclusive: Platform takes ‘unprecedented action’ to address content guideline violations since invasion  —  YouTube has taken down more than 70,000 videos …