| Devlin Barrett / Washington Post: |
The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever” — The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part … | Lauren Feiner / CNBC: |
As Meta dips under a $600B market cap, it may avoid antitrust liability since it falls below the threshold set by recent US House bills as a “covered platform” — - Facebook owner Meta closed with a market cap below $600 billion on Tuesday for the first time since May 2020.| Darren Loucaides / Wired: |
A deep dive into the CEO and history of Telegram, which has about 30 core employees, minimal content moderation, and, until recently, no ongoing revenue — Hundreds of millions of users. No algorithm. No ads. Courage in the face of autocracy. Sound like a dream? Careful what you wish for.| Bloomberg: |
Sources: Microsoft is in talks to acquire cybersecurity research and incident response company Mandiant, whose stock closed up 17.86% on Tuesday — Microsoft Corp. is considering making a bid for cybersecurity-research and incident response company Mandiant Inc., according to a person familiar … | Bloomberg: |
As crypto tokens fall, FTX and Crypto.com will run Super Bowl ads, seeking new customers; research shows $112.9M+ has been spent on crypto TV ads since 2020 — It's a testing time for crypto exchanges to be making their Super Bowl ad debuts. — Recruiting new users can be simple when prices are skyrocketing.| Biz Carson / Protocol: |
A profile of Sequoia's Roelof Botha, who seeded the idea of Sequoia Capital Fund, which holds stakes in companies past the traditional 10-year VC fund cycle — 109. One billion dollars. — Roelof Botha used to write 109 on the corner of his notepad every week when he started at Sequoia 19 years ago.| Ryan Gallagher / Bloomberg: |
Twitter tells US Senator Wyden that it's “transitioning” away from using Mitto for passcodes, as the text message services firm faces surveillance accusations — Twitter Inc. told a U.S. senator it is cutting ties with a European technology company that helped it send sensitive passcodes to its users via text message.| Justine Calma / The Verge: |
The WWF hyped and then canceled plans to raise money for conservation with NFTs on Polygon's “eco-friendly blockchain”, a fraught claim dismissed by experts — WWF thought it picked a less polluting blockchain — Within a few days last week, the World Wildlife Fund hyped … | Financial Times: |
A look at the effect of current and prospective regulations by EU countries on US streamers, including mandatory investments and retention of producer rights — Netflix, Disney and Amazon grapple with national investment targets and a shake-up in who owns rights| Manish Singh / TechCrunch: |
Xpressbees, an Indian logistics startup that works with many e-commerce companies in the country, raises a $300M Series F, bringing its total funding to $575.8M — Xpressbees, an Indian logistics startup that works with several e-commerce firms in the country, has more than tripled its valuation … | Olivia Little / Media Matters for America: |
TikTok continues to allow ads encouraging ADHD self-diagnosis and medication, geared towards young users and likely violating its medical misinformation policy — RESEARCH CONTRIBUTIONS FROM GIDEON TAAFFE, KAYLA GOGARTY & ABBIE RICHARDS — A swarm of advertisements encouraging attention … | Mark Gurman / Bloomberg: |
Apple plans to improve benefits for full- and part-time US retail workers, including doubling paid sick days and increasing PTO, amid a tight labor market — Apple Inc. plans to significantly increase its benefits for U.S. retail store workers as it grapples with a tightening labor market … | Kyle Wiggers / VentureBeat: |
Leaf Logistics, which uses AI-based tools to predict shipping disruptions, raises a $37M Series B led by Sozo Ventures, bringing its total funding to $60.7M — The pandemic continues to impact logistics and transportation firms, causing a range of disruptions including flight cancellations and buildups at ports of call.| Bloomberg: |
Sumco, a key supplier of semiconductor silicon wafers, says it has sold out production capacity for 300mm wafers until 2026; wafer prices rose 10% YoY in 2021 — Sumco Corp., a key supplier of silicon wafers for the semiconductor industry, said it has already sold out its production capacity through 2026 … | Fintech Finance: |
French startup Seyna, which develops insurance and productivity tools for brokers, raises a €33M Series A, bringing its total funding to €47M — Seyna, the fast-growing insurance platform, announces a €33 million investment round to scale its service to all brokers and merchants in Europe.| The Intercept: |
Purchase records and docs show that 14 of the 15 US Cabinet departments and several other federal agencies bought Cellebrite phone hacking tools in recent years — Investigators with the U.S. Fish and Wildlife Service frequently work to thwart a variety of environmental offenses … | Tage Kene-Okafor / TechCrunch: |
Egypt-based Thndr, an investing app for stocks and mutual funds in the Middle East and North Africa, raises a $20M Series A led by Tiger Global and others — The MENA region has about 400 million people with $500 billion in annual savings. But as a relatively young population … | Ingrid Lunden / TechCrunch: |
Swiss startup Scandit, which develops software for scanning barcodes, IDs, and more, raises a $150M Series D led by Warburg Pincus at a $1B+ valuation — Consumers and businesses are forever demanding faster and easier ways to get things done, and today a startup that is building tech … | Ben Thompson / Stratechery: |
A review of digital advertising in 2022, which has shifted from a Google-Meta duopoly to one where Amazon and potentially Apple are major forces — Six years ago tomorrow, in The Reality of Missing Out, I wrote that the digital advertising market was settled, and Google and Facebook won:| Shubham Agarwal / The Verge: |
Interviews with over a dozen rapid grocery delivery workers in India show they spent months healing after road accidents and had to pay their own medical bills — India's instant delivery apps are pushing drivers into accidents — Mahesh knew he was running out of time.| Chris Metinko / Crunchbase News: |
Analysis: supply chain management companies raised $11.3B in 2021, up from $5.9B in 2020 and beating the previous record of $9.1B in 2019 — Nearly two years into the pandemic, supply chain disruptions still dominate headlines as do large funding rounds by tech companies aiming to solve the problem.
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| John Gruber / Daring Fireball: |
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| Cara Lombardo / Wall Street Journal: |