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Showing posts from July 10, 2022

Oakland-based Mayvenn, which offers an e-commerce tool and a marketplace for salon services, has raised a $40M Series C led by Cleveland Ave (FinSMEs) https://ift.tt/QaTdilh

FinSMEs : Oakland-based Mayvenn, which offers an e-commerce tool and a marketplace for salon services, has raised a $40M Series C led by Cleveland Ave   —  Mayvenn, an Oakland, CA-based beauty-tech company, raised $40M in Series C funding.  —  The round was led by Cleveland Ave …

The 2022 "crypto winter" differs from previous crashes, in part due to the macro environment, the TerraUSD collapse, excess leverage, and contagion via 3AC (CNBC) https://ift.tt/y2lecnE

CNBC : The 2022 “crypto winter” differs from previous crashes, in part due to the macro environment, the TerraUSD collapse, excess leverage, and contagion via 3AC   —  - Cryptocurrencies have suffered a brutal comedown this year, losing $2 trillion in value since the height of a massive rally in 2021.

India escalates its crackdown on Oppo, Vivo, and Xiaomi, which control ~60% of its smartphone market, with claims of tax evasion and unlawful remittances (Financial Times) https://ift.tt/MIUS6Za

Financial Times : India escalates its crackdown on Oppo, Vivo, and Xiaomi, which control ~60% of its smartphone market, with claims of tax evasion and unlawful remittances   —  Oppo, Vivo and Xiaomi hit by claims of tax evasion and unlawful remittances in legal actions that have stoked tensions with China

Online scam centers in Southeast Asia have perfected "pig butchering", a romance-meets-investment fraud, to lure victims into bogus investment schemes (Alastair McCready/VICE) https://ift.tt/GsNFyfz

Alastair McCready / VICE : Online scam centers in Southeast Asia have perfected “pig butchering”, a romance-meets-investment fraud, to lure victims into bogus investment schemes   —  Thousands of imprisoned and abused workers are propping up Southeast Asia's ‘pig butchering’ industry, an online fraud emptying bank accounts across the world.

FCC Chair proposes new US broadband standard of 100Mbps up and 20Mbps down; the proposal would need to pass a vote in the currently deadlocked FCC (Jon Brodkin/Ars Technica) https://ift.tt/FL5nqVl

Jon Brodkin / Ars Technica : FCC Chair proposes new US broadband standard of 100Mbps up and 20Mbps down; the proposal would need to pass a vote in the currently deadlocked FCC   —  Pai FCC said 25Mbps down and 3Mbps up was enough—Rosenworcel proposes 100/20Mbps.  —  Federal Communications Commission Chairwoman Jessica Rosenworcel …

Disney plans to raise ESPN+'s monthly subscription from $6.99 to $9.99 and its annual price from $69.99 to $99.99, 43% increases, starting on August 23, 2022 (Brian Steinberg/Variety) https://ift.tt/zQB5vEy

Brian Steinberg / Variety : Disney plans to raise ESPN+'s monthly subscription from $6.99 to $9.99 and its annual price from $69.99 to $99.99, 43% increases, starting on August 23, 2022   —  The Disney-backed streaming-video sports service intends to raise its monthly subscription fee by $3 a month …

Sources: Intel told customers it will raise prices on most of its CPUs and other products in autumn due to rising costs; source: prices could raise up to 20% (Nikkei Asia) https://ift.tt/wV4lfDq

Nikkei Asia : Sources: Intel told customers it will raise prices on most of its CPUs and other products in autumn due to rising costs; source: prices could raise up to 20%   —  Customers told move is a response to cost pressures  —  Intel flagged future “targeted” price rises when it presented its last quarterly earnings in April.

Barracuda survey: 94% of 800 senior IT and security officers of industrial IoT or OT systems faced some form of attack on their systems in the past 12 months (Shweta Sharma/CSO) https://ift.tt/Ym5fK6d

Shweta Sharma / CSO : Barracuda survey: 94% of 800 senior IT and security officers of industrial IoT or OT systems faced some form of attack on their systems in the past 12 months   —  A report commissioned by cloud security company Barracuda found that 94% of respondents have experienced some form of attack …

In Germany, South Korea, and other countries, BMW starts selling subscriptions or charging one-time fees to unlock heated seats, engine sound options, and more (James Vincent/The Verge) https://ift.tt/JSNn8MQ

James Vincent / The Verge : In Germany, South Korea, and other countries, BMW starts selling subscriptions or charging one-time fees to unlock heated seats, engine sound options, and more   —  The auto industry is racing towards a future full of microtransactions  —  BMW is now selling subscriptions for heated seats …

Google says YouTube TV has 5M+ subscribers including free trial users, making it the US' biggest internet pay-TV provider and fifth-largest TV distributor (Todd Spangler/Variety) https://ift.tt/s51h8yS

Todd Spangler / Variety : Google says YouTube TV has 5M+ subscribers including free trial users, making it the US' biggest internet pay-TV provider and fifth-largest TV distributor   —  Google says YouTube TV has surpassed 5 million accounts — making it the U.S.'s biggest internet-based pay TV service.

WhatsApp rolls about the ability for users to react to messages with any emoji, not just its chosen six (Jon Porter/The Verge) https://ift.tt/1nwexEM

Jon Porter / The Verge : WhatsApp rolls about the ability for users to react to messages with any emoji, not just its chosen six   —  The new feature is rolling out now  —  WhatsApp users will soon have the ability to react to messages with any emoji, Meta CEO Mark Zuckerberg has announced in a Facebook post.

Sources: defense contractor L3Harris scuttled plans to buy NSO Group despite alleged US intel officials' support, after the Biden admin's outrage over the talks (New York Times) https://ift.tt/kjibuXf

New York Times : Sources: defense contractor L3Harris scuttled plans to buy NSO Group despite alleged US intel officials' support, after the Biden admin's outrage over the talks   —  The American contractor L3 Harris is said to have cited support from intelligence officials for its effort to acquire NSO …

VC funding in Latin America, which hit a record $14.8B in 2021 according to PitchBook, has slowed down in 2022 amid a downturn as some investors pull back (Biz Carson/Protocol) https://ift.tt/WvumXL4

Biz Carson / Protocol : VC funding in Latin America, which hit a record $14.8B in 2021 according to PitchBook, has slowed down in 2022 amid a downturn as some investors pull back   —  Shu Nyatta's friends thought he was crazy when he said he was going to move to Miami and start investing in companies in Latin America.