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October 22, 2018, 12:10 AM
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memeorandum
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| Fred Wilson / AVC: |
Recent news serves as a reminder that operators in startups and venture capital should work to ensure their investors are not bad actors — I got an email from the CEO of one of our portfolio companies last week. — It asked a very basic question, but one that I don't recall being asked before:
Tweets: @gaberivera, @anildash, @avyfain, @saraashleyo, @aliasaria, @evanwolf, @semil, @nitashatiku, @bobbierman, @mdudas, @semil, and @austinfish
| The Information: |
Sources: Facebook is stepping up efforts to buy a major cybersecurity firm and has approached several companies about an acquisition — In an effort to repair its tattered reputation around data protection, Facebook is stepping up efforts to acquire a major cybersecurity firm, according to four people familiar with the matter.
More:
SiliconANGLE, Engadget, and CNET
Tweets: @amir, @joshconstine, @coryweinberg, and @zackwhittaker
| Haaretz: |
An in-depth look at how Israel became a leading exporter of tools for oppressive regimes to spy on activists' and dissidents' communications — Haaretz investigation spanning 100 sources in 15 countries reveals Israel has become a leading exporter of tools for spying on civilians.
More:
Middle East Eye. Tweets: @haaretzcom, @barrettbrown_, @haaretzcom, and @mairavz. Thanks:@cremnob
| Edmund Lee / New York Times: |
Netflix says it will spend $18.6B on content, and forecasts $3B negative cash flow for 2018 and 2019, judging that aggressive spending leads to more subscribers — The streaming service surprised Wall Street with huge gains in subscribers in the third quarter.
Tweets: @vijayshekhar
| David Pierini / Cult of Mac: |
Profile of YouTuber Scotty Allen, who rose to fame last year after he built an iPhone from scratch by using parts he bought from public markets in Shenzhen — Millions have watched Scotty Allen build an iPhone from parts mined from the electronics markets of Shenzhen, China.| Robert Hackett / Fortune: |
dYdX, a startup that develops decentralized financial derivative products on Ethereum blockchain, raises $10M Series A led by a16z crypto and Polychain Capital — A startup called dYdX has raised $10 million in funding from investors to develop financial software that allows people … | Bloomberg: |
Source: Plaid, which makes tools to let clients like Venmo and Coinbase authenticate accounts and check balances, is raising $200M at a valuation of up to $3B — Plaid Technologies Inc. is in talks to raise $200 million and the valuation of the deal is rising as venture investors vie to bankroll the startup.| Brian Barrett / Wired: |
Google says it will open source the firmware for Titan M, the secure chip in Pixel 3 phones that handles Verified Boot and has its own isolated storage and RAM — THE GOOGLE PIXEL 3 has all the betterments you would expect from a flashy flagship smartphone: great camera, zippy processor, smarter AI.
Tweets: @wired
| Lindsay Fortado / Financial Times: |
Tiger Global raises $3.75B for its latest VC fund, which surpassed its initial target of $3B; focus to include consumer internet and industry-specific software — Tiger Global has raised $3.75bn for its latest venture capital fund, surpassing its initial target of $3bn and making …
Tweets: @mdudas
| Rita Katz / Wired: |
Research shows ISIS and al-Qaeda have shifted away from YouTube for disseminating propaganda following the platform's 2017 crackdown against extremist content — BEFORE MOST PEOPLE even knew that terrorist outreach was happening online, YouTube was a top recruitment venue for jihadi terrorist groups.| Nathaniel Popper / New York Times: |
How projects like Ocean Protocol, Oasis, Enigma, and SingularityNET use blockchain for AI research hoping to curb the dominance of big tech in the field — SAN FRANCISCO — Pairing artificial intelligence and the blockchain might be what you would expect from a scammer looking to make a quick buck in 2018.| Dean Takahashi / VentureBeat: |
SoftBank Group COO Marcelo Claure and Arm CEO Simon Segers talk about the present and future of Arm, IoT growth, while trying to dodge Saudi-related questions — SoftBank, one of the world's biggest tech companies and startup investors, believes we'll have a trillion connected devices by 2025.
More:
CNN
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