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September 29, 2019, 9:50 PM
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memeorandum
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| Fred Wilson / AVC: |
A VC narrative that software-enabled companies like Uber should be valued at 10x+ revenue is falling apart but is still valid for startups with margins of 75%+ — Dan Primack wrote in his friday newsletter: … While all of this is true, I think it is a lot simpler than that.
More:
Wall Street Journal. Tweets: @carnage4life, @mattyglesias, @bwertz, @joshelman, @skupor, @mattturck, @semil, @vcstarterkit, @thestalwart, @wsj, @benedictevans, and @zachweinberg
| Geir Moulson / Associated Press: |
German police arrest seven people and shutter a data center in a former NATO bunker that hosted dark web sites and launched an attack on Deutsche Telekom in '16 — BERLIN (AP) — German investigators said Friday they have shut down a data processing center installed in a former NATO bunker …
More:
Krebs on Security, SiliconANGLE, PCMag, DW.COM, Gizmodo, The Verge, and Slashdot
| New York Times: |
A look at how tech firms and government keep failing to curb the sharing of child sexual abuse images, long after the PROTECT our Children Act was passed in '08 — Online predators create and share the illegal material, which is increasingly cloaked by technology.
More:
Mashable and Axios
Tweets: @gabrieldance, @alexstamos, @alexstamos, @geminiimatt, @dmoberhaus, @mikeisaac, @mikeisaac, @mikeisaac, and @benedictevans
| Wall Street Journal: |
Sources: House investigators asked Google about plans to implement DNS-over-HTTPS in Chrome; ISPs fear the protocol will prevent them from tracking user data — New standard could alter web's competitive landscape, cable and wireless companies say — Congressional antitrust investigators …
More:
CNET, Engadget, Gizmodo, Seeking Alpha, and Slashdot
Tweets: @hoofnagle, @hshaban, @reckless, and @reckless
| Dan Goodin / Ars Technica: |
Checkm8 creator says his iPhone exploit requires physical device access and lacks persistence after reboot, but will make jailbreaking more accessible and safer — Unpatchable vulnerability is a game-changer that even Apple will be unable to stop. — Often, when new iOS jailbreaks become public, the event is bitter-sweet.| Catalin Cimpanu / ZDNet: |
More:
AppleInsider, SlashGear, Trail of Bits Blog, Ars Technica, iDownloadBlog.com, iMore, 9to5Mac, Malwarebytes Labs, VentureBeat, Pocketnow, Fossbytes, Firstpost Tech, Engadget, Liliputing, Tom's Guide, The Register, The Daily Dot, MacRumors, HackRead, The Verge, TechSpot, CyberScoop, CNET, Cult of Mac, Threatpost, SiliconANGLE, Android Authority, Mashable, The Hacker News, Digital Trends, Gizmodo, Geek.com, WinBuzzer, iPhone in Canada Blog, SecurityWeek, Tom's Hardware, MacDailyNews, The Mac Observer, and Slashdot
Tweets: @axi0mx, @martijn_grooten, @joebeone, @albertwenger, @kennwhite, @dangoodin001, @dguido, @evacide, @morpheus______, @strangepartscom, @thomasareed, @queercommunist, @dsilverman, @andreabarisani, @dangoodin001, @ihackbanme, @icj_, @_klutchkyle_, @dinodaizovi, @mcgrewsecurity, @evanderburg, and @campuscodi
| Bloomberg: |
Sources: Venezuela is evaluating if it can count cryptocurrencies, like bitcoin it may have received from oil sales, toward the country's international reserves — - Central bank to decide if crypto can count as foreign reserves — Government hampered by sanctions that limit access to dollars
More:
CryptoGlobe, CryptoSlate, Inc42 Media, Micky, Blockonomi, and Trustnodes
Tweets: @apompliano, @arrington, @ecossexrp1, @pattylaya, and @xrpcommunity
| Alex Stamos / @alexstamos: |
[Thread] UK-US Cloud Act agreement will grant UK courts options similar to those of the US for getting message content but won't alter status quo on E2E crypto — It's really early on a Sunday, so while I sip my coffee I'm also going to try to clear up a lot of confusion about the CLOUD Act created by poor reporting by The Times (of London) and Bloomberg. Here is the original, incorrect story: https://www.thetimes.co.uk/...
| Kim Phillips-Fein / New Republic: |
A look at historian Margaret O'Mara's new book The Code, which traces how our uneasy present deviated from the rosy future the tech industry promised — Tech was meant to help us transcend our most intractable problems. What went wrong? — Add to Pocket
Tweets: @lmlauramarsh, @newrepublic, @cpmarkou, and @frankpasquale
| Benjamin Mullin / Wall Street Journal: |
The Chernin Group buys a majority stake in Food52 for $83M, valuing the ecommerce and media startup which offers recipes and home-improvement tips at $100M+ — Food52, a media and e-commerce business, was founded by food journalists from the New York Times| Dina Temple-Raston / NPR: |
How NSA and US Cyber Command undertook the largest and longest offensive cyber operation in US military history to disrupt ISIS's media operations in 2016 — Toggle more options — The crowded room was awaiting one word: “Fire.” — Everyone was in uniform; there were scheduled briefings … | Mimi Billing / Sifted: |
A profile of Denmark-based independent consumer review platform Trustpilot, which has raised €162M and has 65M reviews of businesses worldwide — With 65m reviews, Trustpilot is learning to spot the fakes and fight back with the help of algorithms. — Would you ever book an Airbnb stay without checking the scores of the host?
Tweets: @mimibilling and @mstothard
| Steve Lohr / New York Times: |
AI research increasingly requires datacenter-scale computation, raising concerns that only a few big tech companies will dominate advances in the field — Each big step of progress in computing — from mainframe to personal computer to internet to smartphone — has opened opportunities …
More:
Beyond Search and Forbes
Tweets: @gavinsbaker, @nytimesbusiness, @bindureddy, and @gerrymcgovern
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