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July 25, 2021, 10:10 AM
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| Stephanie Kirchgaessner / The Guardian: |
WhatsApp CEO says they had recorded an attack against 1,400 users over a two-week period in 2019, casting doubts on NSO's defense against Pegasus project claims — Will Cathcart claims government officials around the world among 1,400 WhatsApp users targeted in 2019
More:
9to5Mac, Insider, VICE, Washington Post, Gizmodo, Engadget, AppleInsider, MediaNama, and Tech Xplore
Tweets: @ahmed, @dillidurast, and @four4thefire
| Kim Zetter / Zero Day: |
Uncertainty about the nature of the list of 50K potential Pegasus targets created confusion and controversy, but doesn't negate the investigation's key findings — A series of blockbuster stories published this week around a leaked list of 50,000 phone numbers have created confusion …
More:
Ars Technica, Forbes, AppleInsider, The Guardian, The Verge, iMore, MacRumors, and Beyond Search
Tweets: @lorenzofb, @adam_k_levin, @appleinsider, @k8em0, @kenroth, @hahellyer, @hatr, @mairavz, @lorenzofb, @evacide, @campuscodi, @camillefrancois, @safimichael, @kaepora, @h_tejas, @poppymcp, @profcarroll, @aakar__patel, @kennwhite, @kateoflaherty, @rj_gallagher, @sivavaid, @matthew_d_green, @zachsdorfman, @kimzetter, @dangoodin001, @runasand, @dangillmor, @washingtonpost, @washingtonpost, @washingtonpost, and @suka_hiroaki
| Kris Holt / Engadget: |
Blizzard president calls sexual harassment lawsuit “extremely troubling” in internal memo while a VP says it presents a “distorted and untrue” view of company — Blizzard president J. Allen Brack called the allegations ‘extremely troubling.’
More:
Rock, Paper, Shotgun, VentureBeat, XDA Developers, The Verge, Windows Central, Bloomberg, Kotaku, and Gamasutra
| Bloomberg: |
Canadian auto parts supplier Magna has agreed to buy Veoneer, which develops advanced driver-assistance systems for autonomous vehicles, for $3.8B in cash — - Veoneer shares slumped following spinoff by Autoliv in 2018 — Offer represents a 57% premium to closing price Thursday
More:
Reuters, Automotive News, Globe and Mail, Barron's Online, TheStreet, and GlobeNewswire News Room. Tweets: @bloombergtv
| Che Pan / South China Morning Post: |
Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from investors amid bankruptcy proceedings — Unigroup requires a strategic investor with minimum total assets worth US$7.7 billion or US$3.1 billion in minimum net assets …
More:
New York Times, Verdict, and Nikkei Asia
| New York Times: |
A look at FTX, Binance, BitMEX, and their once North America-based founders, who run exchanges for highly-leveraged crypto derivatives trading outside the US — A new generation of industry leaders has set up offshore trading exchanges largely beyond the reach of American regulators.
More:
New York Times, Decrypt, and Bitcoin News
Tweets: @fintechfrank, @glennf, @ericliptonnyt, @mdudas, @nc2y, @magdaborowik, @ericliptonnyt, @kenvogel, @bitfinexed, @davidenrich, @ericliptonnyt, and @pourteaux
| Bloomberg: |
Mobile game publisher Jam City is no longer going public via a SPAC merger, announced in May, that would have valued the company at $1.2B — Mobile entertainment company Jam City Inc. has called off its plan to go public through a combination with a blank-check firm that would have valued the combined company at $1.2 billion.
More:
Business Wire and Los Angeles Business Journal
| Omar Faridi / Crowdfund Insider: |
AuthenticID, which offers AI-based identity proofing and verification to help businesses fight fraud, raises $100M from Long Ridge Equity Partners — - Twitter- Facebook- LinkedIn- Pinterest- Reddit- HackerNews- Telegram- Weibo- Email- Print- Subscribe — AuthenticID recently announced …
More:
Business Wire and Seattle Business Journal
| Christine Hall / TechCrunch: |
Lev, which wants to automate commercial real estate financing, raises $30M Series A at a $130M valuation, after raising a $10M seed round four months ago — Commercial real estate has been slow to embrace technology; though it has an addressable financing market of more than $40 billion …
More:
FinSMEs, PR Newswire, Commercial Observer, The Real Deal New York, and AlleyWatch. Tweets: @nfx
| Ashwin Rodrigues / VICE: |
A look at the presence of crypto in hip-hop culture, beginning as early as 2013, including meme songs, rapper Nas's Coinbase investment, and illicit ICOs — Nas made a fortune with his Coinbase investment. Soulja Boy claims to be the first to make a song about Bitcoin. Big Sean is sending your girl Doge.
Tweets: @shwinyo, @sirmichaelrocks, and @vice
| Christine Hall / TechCrunch: |
Paystone, which provides service-based businesses with payments and customer engagement tech, raises $23.8M, bringing its total funds raised in 2021 to $78.8M — Paystone, a payments and integrated software company, secured another strategic investment this year, this time $23.8 million …
More:
Business Wire, FinLedger, and BetaKit
| Apoorva Mittal / The Economic Times: |
Data from Venture Intelligence shows Indian social commerce startups have raised $554M so far this year, up 7x from all of 2020 — The amount is the highest since 2015 and seven times what these companies made a year ago — Social commerce startups have raked in $554 million this year as of July 16 … Sponsor Posts
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