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June 16, 2019, 1:25 AM
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| New York Times: |
Sources: US Cyber Command is deploying offensive malware in Russia's power grid, using powers granted in 2018 by Congress and a secret presidential directive — WASHINGTON — The United States is stepping up digital incursions into Russia's electric power grid in a warning to President Vladimir V. Putin …
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Dragos, CNET, KTLA, Engadget, Gizmodo, Slate, NullTX, The Verge, Tehrani.com, Politico, Newser, and Bloomberg
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| Eric Berger / Ars Technica: |
NIST study: a widespread GPS outage would have an estimated $1B/day impact on the US economy; 90% of GPS' financial impact has come since 2010 — 90 percent of the technology's financial impact has come since just 2010. — Since becoming fully operational in 1995, Global Positioning System technology … | Matthew Hughes / The Next Web: |
Jack Dorsey on plans to hire a team of five engineers and one designer, reporting directly to him at Square, to work on contributions to the Bitcoin ecosystem — NO JERKS ALLOWED. — Square is a company best known for its disruptive card payment technology.
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Quartz, NewsBTC, Cointelegraph, BitcoinExchangeGuide, Messari Crypto, Anycoin.news, Bitcoinist.com, CoinDesk, ETHNews, and The Block
| Steve O'Hear / TechCrunch: |
Farming-as-a-service startup Infarm raises $100M Series B for its remotely operated modular farms placed in grocery stores, restaurants, other urban locations — Infarm, the Berlin-based startup that has developed vertical farming tech for grocery stores and restaurants, is disclosing $100 million in in Series B investment.| Parmy Olson / Wall Street Journal: |
The holding company that owns the dating apps Bumble, Lumen, and Chappy has been renamed as Magic Lab, says it will spend $100M on an array of new dating apps — 'We're looking for the big, big monsters who can partner with me,' billionaire behind Bumble says in an interview| Sarah Dai / South China Morning Post: |
Alibaba partners with Audi, Renault, and Honda to offer a range of in-car voice services like finding restaurants using its AI platform Tmall Genie Auto — Tie-up will offer car owners a range of voice-controlled services, including identification of nearby attractions and restaurants … | Kyle Wiggers / VentureBeat: |
Scoutbee, which develops and sells access to an AI-driven supplier discovery platform, raises $12M Series A, says its marketplace has more than 9.5M suppliers — Procuring parts and settling on suppliers are two of the most challenging undertakings in supply chain management, it's safe to say.| Jordan Crook / TechCrunch: |
Lemonade, the digital insurance company that has raised $480M, is expanding into Europe, with its first launch in Germany — Lemonade, the insurance company that's raised $480 million, is today expanding into Europe with the launch of Lemonade in Germany. — As part of the launch … | Sarah Dai / South China Morning Post: |
Waterdrop, a Tencent-backed Chinese online health care platform, raises a Series C of over $145M led by private equity firm Boyu Capital — Funding will go toward building a professional team in health care insurance and adopting AI in its products China is home to the world's third largest insurance market …
Tweets: @rahul_j_mathur
| Junko Yoshida / EE Times: |
Edge Case Research, which is developing AI-based safety assessment tech for autonomous vehicles, raises $7M seed round led by Aurora CEO Chris Urmson and ANSYS — Chris Urmson and ANSYS to invest in Edge Case Research — “Making autonomy safe” is perhaps one of the hardest nuts for designers … | Dean Takahashi / VentureBeat: |
Paris-based video game developer Novaquark, which had raised $11.4M on Kickstarter in 2018 for its Dual Universe MMO game, has raised $11.2M in VC funding — French video game developer Novaquark has raised $11.2 million in funding for its fan-created Dual Universe science fiction massively multiplayer online game.| Jonathan Shieber / TechCrunch: |
ADDI, a Colombia-based point-of-sale lending startup, reveals it had raised $12.5M Series A from a16z in April, following $3.8M in seed rounds since Sept. 2018 — Andreessen Horowitz <3 Latin American startups. — Latin America is the only region outside of the U.S. where the venture firm … Sponsor Posts
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