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November 8, 2021, 9:45 AM
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| Hirsh Chitkara / Protocol: |
Even minor actions in an NFT game can be taxable events, an inconvenient reality exacerbated by the lack of raw transaction records from many NFT games — In a matter of months, NFT gaming became a multibillion-dollar industry by combining two things people already loved: video games and getting rich from crypto.
Tweets: @jeffjohnroberts
| Paul Sawers / VentureBeat: |
Drata, which uses automation to help companies obtain SOC compliance, raises a $100M Series B led by Iconiq Growth at a $1B valuation — Security and compliance automation platform Drata has raised $100 million in a series B round of funding, valuing the one-year-old company at a cool $1 billion.
More:
Crunchbase News and Drata
| Christine Hall / TechCrunch: |
Andrew Ng's Landing AI, which is developing tools for manufacturers to build and deploy AI systems in factories, raises a $57M Series A led by McRock Capital — Just over a year after launching, Landing AI secured a $57 million round of Series A funding to continue building tools …
More:
BetaKit, VentureBeat, and CNBC
| Dave Lee / Financial Times: |
Interview with Biz Stone about Future Positive, an investment firm he founded in 2019 with Fred Blackford to focus on investments that can be held for decades — The social media pioneer's firm is chasing investments that have no expiry date — The man who helped create Twitter …
Tweets: @financialtimes
| Kevin Roose / New York Times: |
The NFT.NYC conference, now in its third year, was a coming-out party for the NFT community, attracting a record 5,000 attendees from artists to corporate suits — NFT.NYC, a gathering for nonfungible token enthusiasts, offered a taste of a crypto-filled future.
More:
Forbes, The Verge, and Nikkei Asia
Tweets: @parismarx, @coin_artist, @cliffordvickrey, @parismarx, @parismarx, @ryp__, @silvermanjacob, @martinsfp, @hartmut_giesen, @leapingrobot, @emmabgo, @thenewsham, @marietjeschaake, @thebarrylad, @danchaon, @boringstein, @dens, @nytimesbusiness, @kevinroose, @hkanji, @jimprosser, @kevinroose, @mdudas, and @caseynewton
| Lucas Matney / TechCrunch: |
Matter Labs, which offers an Ethereum “rollup” service that offloads transaction processing to secondary chains, raises a $50M Series B led by a16z Crypto — As some of the most popular cryptocurrencies reach all-time-highs, plenty of new users and decentralized app developers …
More:
Andreessen Horowitz, CoinDesk, and Crowdfund Insider
| Matt Burgess / Wired: |
A look at the fight between city officials and parents over Stockholm's glitchy app for its schools, as annoyed parents built their own open source version — Stockholm's official app was a disaster. So annoyed parents built their own open source version—ignoring warnings that it might be illegal.
More:
Slashdot. Tweets: @dobetterfcps, @j2bryson, @kearneymw, @tomschenkjr, @johnwilander, @frankcatalano, @petercoffee, @lgworld, @masspirates, @lex_crawford, @jalager, @mraharrisoncs, @elfsternberg, @mattburgess1, and @iethics
| Ingrid Lunden / TechCrunch: |
H2O.ai, which provides an open source machine learning platform to build smart applications, raises a $100M Series E at a $1.6B pre-money valuation — H2O.ai — a startup that has developed an open-source framework as well as proprietary apps that make it easier for any kind of enterprise … | Eriq Gardner / The Hollywood Reporter: |
Netflix faces more active libel suits than any major news outlet, partly due to its nonfiction fare, often unsuccessfully arguing that it is just a distributor — The mega-streamer is facing more defamation complaints than any major news outlet, stemming from projects like 'Making a Murderer …
Tweets: @eriqgardner and @eriqgardner
| Manish Singh / TechCrunch: |
BrightChamps, an Indian startup teaching programming and other skills to over 100K students in 10 markets including the US, raises $51M, valuing it at ~$500M — BrightChamps, an Indian edtech startup that is attempting to bridge the learning gap left by K12 schools, said on Monday …
More:
The Economic Times, DealStreetAsia, The Economic Times, and Entrackr
| Nikhilesh De / CoinDesk: |
The US infrastructure bill amends tax code section 6050I to require certain recipients of digital assets worth $10K+ to report sender details to the IRS — The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax reporting requirement.
More:
Micky, Tech Policy Press, Decrypt, Crowdfund Insider, DeCential, and Notebookcheck.net
| Jacob Pramuk / CNBC: |
Source:
The White House. More:
The Record, The White House, The White House, Bitcoinist.com, CNET, Slashdot, Forbes, Benzinga, Politico, and Cointelegraph. Tweets: @m_f_rose
| Brian Barrett / Wired: |
The FBI and DHS say a drone dangling copper wires tried to disrupt a PA power substation in July 2020, the first drone attack targeting US energy infrastructure — An attack attempt in 2020 proves the UAS threat is real—and not enough is being done to stop it.| Pavel Alpeyev / Bloomberg: |
SoftBank reports a record Q2 Vision Fund loss of $7.3B as the value of holdings like Coupang and Didi plunged, and a $3.5B net loss overall for the company — - The Vision Fund lost $7.3 billion in September quarter — The unit booked $17.7 billion unrealized loss on public stakes
More:
The Economic Times, Wall Street Journal, and Reuters
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Big Technology Podcast:
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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.
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