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May 17, 2020, 12:05 PM
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| Manish Singh / TechCrunch: |
General Atlantic to invest $870M in Reliance Jio Platforms at a $65B valuation, joining Facebook, Silver Lake, and Vista Equity Partners among Jio investors — Mukesh Ambani's Jio Platforms has agreed to sell 1.34% stake to General Atlantic, the latest deal in a series of deals …
More:
The Next Web, Reuters, Bloomberg, Livemint, India TV, Entrackr, and Moneycontrol
Tweets: @generalatlantic, @yourstoryco, and @mdudas
| Steven Musil / CNET: |
Zoom is investigating performance and connectivity issues affecting many users in the US and UK — Users report being unable to host or join videoconference calls. — Some Zoom users early Sunday reported performance issues with the videoconferencing app that prevented them from joining …
More:
9to5Google, The Verge, The Independent, Daily Express, Mirror.co.uk, Dailystar.co.uk, The National, and Tom's Guide
Tweets: @zoom_us, @zoom_us, @verge, @investorslive, @nmsonline, and @scottagunn
| Brian Krebs / Krebs on Security: |
US Secret Service memo warns a crime ring is targeting state unemployment insurance programs to commit fraud by using data belonging to identity theft victims — A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state …
More:
CNET and New York Times
| Christopher Mims / Wall Street Journal: |
A look at the grassroots movement of professional home bakers that have found a home on Etsy, where they can continue to be productive under lockdown — Homebound consumers are flocking to the site for scones, biscuits, breads, muffins, doughnuts and...alkaline tahini spelt cookies.
More:
Seeking Alpha. Tweets: @senatorshoshana, @profjeffjarviss, @stephanierieger, @sarthakgh, @mims, @mims, and @mims
| Andreessen Horowitz: |
Analysis of ten years of cryptocurrency discussions and funding data shows repeated cycles of rising crypto activity followed by eventual “crypto winters” — People who've been in crypto for a long time view the space as evolving in cycles, alternating between periods of high activity and “crypto winters.”
Tweets: @a16z, @counternotions, @mdudas, @sassal0x, @katie_haun, @kimbatronic, and @brian_armstrong
| Daniel Zuidijk / Bloomberg: |
Trump tweet accuses Facebook, Instagram, Twitter, and Google of control by the “Radical Left”, says his administration is working to remedy “illegal situation” — - U.S. President scolds Facebook, Google, Twitter in a tweet — Trump says he is ‘working to remedy this illegal situation’
More:
Seeking Alpha. Tweets: @realdonaldtrump, @dickc, @billkristol, @agent_of_change, @secupp, @petehegseth, @prisonplanet, @colinflaherty, @drpaulgosar, @georgetakei, @caslernoel, and @mdudas
| Nir Kshetri / The Conversation: |
While only 1% of female internet security workers are in senior management positions, these underrepresented perspectives are critical in addressing cyber risks — Women are highly underrepresented in the field of cybersecurity. In 2017, women's share in the U.S. cybersecurity field was 14%, compared to 48% in the general workforce.| Catalin Cimpanu / ZDNet: |
Multiple supercomputers in some EU countries were hacked this week with crypto mining malware via compromised SSH credentials; evidence suggests a single actor — Confirmed infections have been reported in the UK, Germany, and Switzerland. Another suspected infection was reported in Spain.
More:
Security Affairs, Cado Security, Slashdot, and Dark Reading
Tweets: @paulsparrows, @littllemel, and @teriradichel
| Edvard Pettersson / Bloomberg: |
Ubisoft sues Apple and Google for selling Alibaba's Area F2 game, which it claims is a “near carbon copy” of Rainbow Six: Siege — Ubisoft Entertainment SA sued Apple Inc. and Google LLC, accusing the companies of selling a ripoff of its popular video game “Tom Clancy's Rainbow Six: Siege.”
More:
Rock, Paper, Shotgun, Engadget, MacRumors, Game Rant, Kotaku, GameSpot, AppleInsider, 9to5Mac, Dot Esports, and Android Central. Tweets: @chrisonmobile
| Martin Giles / Forbes: |
Gartner survey of IT leaders forecasts 8% YoY decline in global IT spending to $3.46T in 2020, vs. $3.76T in 2019, as budgets are slashed due to the pandemic — Another week brings another clear sign that CIOs are making deep budget cuts in response to the COVID-19 pandemic.| Aditi Shrivastava / The Economic Times: |
Internal email: Indian food delivery startup Zomato to layoff 520 employees, or 13% of its workforce, and temporarily cut salaries of the rest — Employees being let go will receive half their salaries and health insurance for six months — Food delivery platform Zomato will layoff 520 employees … | Mary Ann Azevedo / Crunchbase News: |
Homeward, a web-based service that helps homeowners buy a new home before listing their existing home for sale, raises $20M in equity and secures $85M in debt — Homeward, an Austin-based real estate startup that aims to help people buy homes faster, announced this morning that it has secured $105 million in funding.Sponsor Posts
Subquadratic:
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
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.
WebBrain:
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.Featured Podcasts
Machine Gods:
The purple tsunami against data centers
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
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Ramtin Naimi on the State of Venture Investing
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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The Upstarts Podcast:
How Ramp Built A $60B AI Product Factory Off A Corporate Card | Co-CEO Eric Glyman
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Great Chat:
Would you let a robot do it?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Training Data:
A Model For Everyone: How Ronak From Trajectory Is Building Products For Continual Learning
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Big Technology Podcast:
Can AI Keep Going After The Democrats' Big Win? — With Teddy Schleifer
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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