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June 16, 2019, 8:15 AM
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memeorandum
WeSmirchTop News
| 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 … | 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 … | 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.| Emily Dreyfuss / Wired: |
Survey of 34K+ LGBTQ+ youth across the US: 76% prefer to seek mental help by text or chat; 81% say having a safe social networking space online is very valuable — THE KIDS ARE not all right. Almost 40 percent of young people between the ages of 13 and 24 who identify as LGBTQ+ have seriously considered suicide in the last year.| Gordon Gottsegen / Built In Chicago: |
Square competitor SpotOn, which offers merchant services such as payment processing and customer engagement tools, raises $40M to help its market expansion — If you recently bought something from a local business, you may have SpotOn to thank for the transaction.
More:
Business Wire and San Francisco Business Journal
| 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.
More:
NewsBTC, Cointelegraph, Messari Crypto, Anycoin.news, and BitcoinExchangeGuide
| Lauren Goode / Wired: |
Developers say they have mixed feelings about the “Sign In With Apple” button and Apple's decision to make it mandatory for apps with other sign-in systems — APPLE ISN'T ALWAYS the first company to introduce a particular product or service. But when it does finally decide …
More:
Yahoo Finance and Michael Tsai
| Fabiola Moura / Bloomberg: |
SoftBank is leading a $300M investment in Gympass, a fitness app giving employees at 2,000+ companies access to ~47K partner gyms worldwide, at a $1B+ valuation — - Brazilian fitness startup makes gym workouts more accessible — SoftBank wants to build global champions out of Latin America
More:
PitchBook, Nikkei Asian Review, CityAM, PR Newswire, Business Insider, and MobiHealthNews
| 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| 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 … | 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 …
More:
GlobeNewswire News Room and FinSMEs
| 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.Sponsor Posts
Okara:
Meet Okara, the AI platform that doesn't train on your data — Chat with 30+ open-source models (Llama, Kimi, Qwen, DeepSeek) through encrypted infrastructure. Used by teams handling proprietary code and strategy.
Meet Okara, the AI platform that doesn't train on your data — Chat with 30+ open-source models (Llama, Kimi, Qwen, DeepSeek) through encrypted infrastructure. Used by teams handling proprietary code and strategy.
Soxton:
AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Zoho:
Pro tips: 5 ways to simplify invoicing and payments in Zoho Books — Many businesses still rely on manual processes to collect payments and reconcile invoices. This often results in delayed payments …
Pro tips: 5 ways to simplify invoicing and payments in Zoho Books — Many businesses still rely on manual processes to collect payments and reconcile invoices. This often results in delayed payments …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Lenny's Podcast:
A child psychologist's guide to working with difficult adults | Dr. Becky Kennedy
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
The Talk Show With John Gruber:
'Flush a Radar', With Brent Simmons
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Big Technology Podcast:
The Anthropic Rocketship, AI's Spending Limits, SpaceX IPO
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Access:
Where we'll go when the bots take over, with Sublime's Sari Azout
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Hard Fork:
Tech Grapples With ICE + Casey Tries Clawdbot, a Risky New A.I. Assistant + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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