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Showing posts from June 12, 2022

Postscript, which helps Shopify merchants reach customers via SMS, has raised a $65M Series C led by 01 Advisors and says it now works with 8K+ Shopify brands (Sophia Kunthara/Crunchbase News) https://ift.tt/cr0Ji4V

Sophia Kunthara / Crunchbase News : Postscript, which helps Shopify merchants reach customers via SMS, has raised a $65M Series C led by 01 Advisors and says it now works with 8K+ Shopify brands   —  SMS marketing startup PostScript has raised $65 million in a Series C round of funding, the company said Wednesday.

Despite a cratering crypto market, many traders in Latin America still see crypto as a way to circumvent unstable or stagnant economies where they live (Rest of World) https://ift.tt/8Kec1tJ

Rest of World : Despite a cratering crypto market, many traders in Latin America still see crypto as a way to circumvent unstable or stagnant economies where they live   —  Caught between rocketing inflation and a cratering crypto market, many stick with Bitcoin.  —  • MEXICO CITY, MEXICO

Police and retailers say robberies are on the rise due to the ease of reselling goods online, and Amazon, Facebook, and eBay are not doing enough to stop it (Katie Schoolov/CNBC) https://ift.tt/j2pbAPf

Katie Schoolov / CNBC : Police and retailers say robberies are on the rise due to the ease of reselling goods online, and Amazon, Facebook, and eBay are not doing enough to stop it   —  How organized retail crime is fueled by stolen goods on Amazon and Facebook Marketplace  —  Over the past year …

Proximie, whose AR tech enables surgeons to virtually collaborate during surgeries, has raised a $80M Series C, bringing its total funding to $129M (Freya Pratty/Sifted) https://ift.tt/Hcs3CFT

Freya Pratty / Sifted : Proximie, whose AR tech enables surgeons to virtually collaborate during surgeries, has raised a $80M Series C, bringing its total funding to $129M   —  Proximie, which was founded in 2016, states its mission as saving lives by creating a “borderless operating room”.

The White House launches a task force to examine if existing federal laws adequately address online gender-based violence and suggest changes by the end of 2022 (Cat Zakrzewski/Washington Post) https://ift.tt/YWmwMyG

Cat Zakrzewski / Washington Post : The White House launches a task force to examine if existing federal laws adequately address online gender-based violence and suggest changes by the end of 2022   —  Group will create recommendations for governments, companies and schools to address the link between online harassment and violence in the wake of mass shootings

Sources: BlockFi was among the groups that liquidated at least some of the positions in Three Arrows, which failed to meet margin calls this past weekend (Financial Times) https://ift.tt/NkpmVv9

Financial Times : Sources: BlockFi was among the groups that liquidated at least some of the positions in Three Arrows, which failed to meet margin calls this past weekend   —  BlockFi was among a clutch of firms that liquidated the Singapore-based group's positions  —  Three Arrows Capital failed to meet demands …

Internal Kraken comms and interviews with five workers: some staff accuse CEO Jesse Powell of fostering a hateful workplace and dozens are considering quitting (New York Times) https://ift.tt/x6Q2WN7

New York Times : Internal Kraken comms and interviews with five workers: some staff accuse CEO Jesse Powell of fostering a hateful workplace and dozens are considering quitting   —  Jesse Powell, who leads the crypto exchange Kraken, has challenged the use of preferred pronouns, debated who can use racial slurs and called American women “brainwashed.”

In a note to staff, Spotify says it will slow hiring growth by 25%; Spotify hired 2,000+ staff from 2019 to 2021 bringing its headcount to 6,617; stock up 7%+ (Bloomberg) https://ift.tt/G6zhUMd

Bloomberg : In a note to staff, Spotify says it will slow hiring growth by 25%; Spotify hired 2,000+ staff from 2019 to 2021 bringing its headcount to 6,617; stock up 7%+   —  Spotify Technology SA will slow hiring growth by 25%, the latest sign of how fears of a recession are weighing on the economy.

UK's Competition Appeal Tribunal backs the CMA's right to find that Meta's purchase of Giphy may harm competition, ruling against all but one appeal by Meta (Kate Beioley/Financial Times) https://ift.tt/NKlSu7F

Kate Beioley / Financial Times : UK's Competition Appeal Tribunal backs the CMA's right to find that Meta's purchase of Giphy may harm competition, ruling against all but one appeal by Meta   —  CMA may have to look again at decision as result of Facebook parent's one successful challenge at tribunal

Redfin says it's laying off 470 staff, about 8% of its workforce, and Compass is laying off ~10%, or ~450, as housing demand softens amid rising interest rates (Mary Ann Azevedo/TechCrunch) https://ift.tt/j9hcyEH

Mary Ann Azevedo / TechCrunch : Redfin says it's laying off 470 staff, about 8% of its workforce, and Compass is laying off ~10%, or ~450, as housing demand softens amid rising interest rates   —  Says Redfin CEO: 'I said we wouldn't lay people off unless we had to.  We have to.'  —  The housing market has taken a huge hit …

Sources: Apple plans to refresh its entry-level iPad with a USB-C port instead of Lightning, an A14 chip, 5G, and an improved display, likely coming in 2022 (Filipe Espósito/9to5Mac) https://ift.tt/yRdBPGn

Filipe Espósito / 9to5Mac : Sources: Apple plans to refresh its entry-level iPad with a USB-C port instead of Lightning, an A14 chip, 5G, and an improved display, likely coming in 2022   —  Earlier this year, 9to5Mac exclusively reported that Apple was working on a new generation iPad Air to have the M1 chip and 5G support …

A look at Ethereum staking service Lido Finance, which holds 4M+ ETH or 32% of the total staked, raising centralization-related security concerns about Eth2 (Muyao Shen/Bloomberg) https://ift.tt/KyEOG2e

Muyao Shen / Bloomberg : A look at Ethereum staking service Lido Finance, which holds 4M+ ETH or 32% of the total staked, raising centralization-related security concerns about Eth2   —  A cryptocurrency project touted as helping to democratize the Ethereum blockchain is coming under criticism for potentially taking …

Association for Private Capital Investment in Latin America: startups in the region have raised $2.8B in Q1 2022, up 67% YoY and up 375% compared to Q1 2020 (Mary Ann Azevedo/TechCrunch) https://ift.tt/FxhRjLv

Mary Ann Azevedo / TechCrunch : Association for Private Capital Investment in Latin America: startups in the region have raised $2.8B in Q1 2022, up 67% YoY and up 375% compared to Q1 2020   —  Welcome to The Interchange, a take on this week's fintech news and trends.  To get this in your inbox, subscribe here.

Google agreed to pay $118M to settle a pay discrimination lawsuit with about 15,500 female employees, according to the lawfirms representing the women (Robert Burnson/Bloomberg) https://ift.tt/1blD4Ww

Robert Burnson / Bloomberg : Google agreed to pay $118M to settle a pay discrimination lawsuit with about 15,500 female employees, according to the lawfirms representing the women   —  Alphabet Inc.'s Google agreed to pay $118 million to settle a gender discrimination lawsuit with about 15,500 female employees, lawfirms representing the women said in a statement.