| WABetaInfo: |
WhatsApp begins a limited test of Meta's Novi digital wallet in the US, letting users send and receive crypto within a chat, after launching a pilot in October — Like Love Haha Wow Sad Angry — Today, WhatsApp is finally announcing a small pilot program to some people in the US … | C-SPAN.org: |
Video of Adam Mosseri's testimony before a Senate Commerce subcommittee examining Instagram's negative effects on teen mental health — Instagram CEO testifies on impact of platform on young users before a Senate Commerce subcommittee.| Karissa Bell / Engadget: |
| MacRumors: |
Kuo: Apple's AR headset will include four sets of 3D sensors to offer hand gesture controls and object detection — Apple's long rumored AR headset is predicted to include multiple highly sensitive 3D sensing modules in order to offer an innovative hand gesture and object detecting user interface … | Politico: |
Italy's competition authority fines Amazon €1.13B for allegedly abusing its market position and harming competitors in e-commerce logistics — Italy's competition authority announced Thursday it was slapping a €1.13 billion fine on Amazon for abusing its dominant position in the market … | Bloomberg: |
Sources: as Ben Horowitz and Marc Andreessen buy Las Vegas properties, they are less involved in a16z's daily operations and cutting down on board memberships — Recently, the Bay Area-based venture capitalist Ben Horowitz took part in a popular pandemic-era pastime: updating the location on his LinkedIn profile.| Kollen Post / The Block: |
At a congressional hearing with six crypto executives, committee members voiced concerns about stablecoins and exchanges but showed a warming up to crypto — Quick Take — Today's hearing before the House Financial Services Committee confirmed: Congress is warming up to crypto.| New York Times: |
EU Commission proposes rules turning gig workers into employees, affecting up to 4.1M workers; EU estimates 28M work through digital labor platforms in the bloc — A proposal with widespread political support would entitle drivers and couriers for companies like Uber to a minimum wage and legal protections.| Mayank Parmar / BleepingComputer: |
Amazon says it will shut down its global website ranking system Alexa.com on May 1, 2022, after 26 years of operation — Amazon announced on Wednesday plans to shut down its global website ranking system and competitor analysis tool “Alexa.com”, which has been available for 25 years.| Moustafa Ayad / Wired: |
Behind the rise of “alt-jihadists” on social media and how they have adopted alt-right's organizational tactics and imagery to fuel their growing movement — The playbook of the “alt-right” is guiding a new generation of fringe jihadists, showing just how complicated extremism is about to become online.| Andrew Thurman / CoinDesk: |
SushiSwap CTO Joseph Delong resigns after reports of project infighting and a 50% drop in the token's price over the past month — Amid a plummeting token price and rumors of infighting, Sushi CTO Joseph Delong announced on Wednesday that he is stepping away from the project “effective immediately.”| Elizabeth M. Renieris / CIGI: |
A look at Cardano, a controversial blockchain-based project led by Ethereum cofounder Charles Hoskinson that aims to build a national ID system for Ethiopia — There are countless examples of the dangers posed by national ID schemes, including from Kenya, Uganda, Pakistan, India and elsewhere.| Paul Sawers / VentureBeat: |
CloudBees, which lets companies automate software deployment and quality monitoring, raises a $150M Series F at a $1B valuation — Enterprise-focused software delivery platform CloudBees has raised $150 million in a series F round of funding at a valuation of $1 billion.| Will Douglas Heaven / MIT Technology Review: |
DeepMind claims its language model RETRO matches the performance of neural networks 25 times its size, cutting the time and cost to train large language models — RETRO uses an external memory to look up passages of text on the fly, avoiding some of the costs of training a vast neural network| Ivan Levingston / Bloomberg: |
SellerX, which buys and grows businesses on Amazon's marketplace, raises $500M in debt and equity at a $1B valuation, bringing its total funding to $750M — - Debt, equity financing of $500 million co-led by Victory Park — Company will use funds to buy up e-commerce brands on Amazon| Financial Times: |
Sources: US will ban investment in SenseTime on Friday citing human rights abuses against Uyghurs, as the Chinese AI company prices its shares in Hong Kong — Facial recognition software specialist targeted for allegedly enabling human rights abuses — The US will put SenseTime … | Ingrid Lunden / TechCrunch: |
Danish startup Pleo, which builds expense management tools for SMBs, raises $200M at a $4.7B valuation led by Coatue Management, bringing its Series C to $350M — Danish startup Pleo, a developer of expense management tools aimed at SMBs to let them issue company cards and better manage … | Ingrid Lunden / TechCrunch: |
Berlin-based Mambu, which offers embedded financial services and banking APIs, raises a €235M Series E at a €4.9B valuation, after raising $135M in January — Embedded finance — where companies tap into APIs to integrate banking and other financial tools without having … | George Anadiotis / ZDNet: |
Edge Impulse, which lets developers create custom ML projects, raises a $34M Series B led by Coatue at a $234M valuation, bringing its total funding to $54M — 55.000 projects, 30.000 developers, $54M funding, and customers including the likes of NASA, in a bit over 2 years.| South China Morning Post: |
China orders another 106 smartphone apps, including popular social network Douban and karaoke app Changba, to be removed from app stores, citing data practices — Authorities say more than a hundred apps, including Douban, have failed to rectify data privacy and security violations Douban … | Matthew Martin / Bloomberg: |
Saudi food delivery service Jahez aims to raise up to $2.4B in its IPO, pricing shares at $200-$226, on the Nomu exchange; Jahez raised a $36M Series A in 2020 — Saudi food delivery firm Jahez, which competes with companies like Delivery Hero's Hungerstation, is targeting a valuation as high … | Rebecca Bellan / TechCrunch: |
Robotic Research, which makes on and off-road autonomous vehicles for the US DoD, raises a $228M Series A led by SoftBank Vision 2 and Enlightenment Capital — Robotic Research, a self-driving technology company that has spent the last two decades developing on and off-road autonomous vehicles … | Isabelle Bousquette / Wall Street Journal: |
Work-Bench report: less than 2% of US enterprise software startups, or 354 out of 18,500, have at least one female founder, likely due to issues getting funding — Less than 2% of enterprise software startups in the U.S. feature a female founder, a new report finds| Eliza Gkritsi / CoinDesk: |
BTC.com data: Bitcoin's hashrate now averages 182.83 exahashes/second, near its May peak of 190.55 EH/s, as it recovers from China's mining ban — Mining difficulty is likely to increase this weekend as capacity recovers, but given record-high bitcoin prices, that won't discourage miners.| Russell Brandom / The Verge: |
A US appeals court grants a stay in the Epic v. Apple ruling, letting Apple keep its IAP system as the sole source of iOS in-app payments as the case proceeds — Apple can maintain its App Store payment monopoly while the case proceeds — An appeals court has paused one of the most consequential parts …
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