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March 15, 2022, 11:45 AM
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| Ian King / Bloomberg: |
Internal memo: Arm to cut up to 1,000 jobs, or 15% of its workforce in the UK and the US, before its IPO; a source says most of the cuts won't affect engineers — Arm Ltd., the SoftBank Group Corp. unit preparing for an initial public offering, will cut as much as 15% of its workforce … | Chaim Gartenberg / The Verge: |
AMD plans to release the Ryzen 7 5800X3D, the “world's fastest gaming processor”, on April 20 for $449, marking the debut of the company's 3D-stacking V-Cache — Along with a new slate of more affordable processors coming April 4th — AMD's latest desktop processor … | Kate Kaye / Protocol: |
The FTC, which has long struggled to combat deceptive data practices, is increasingly forcing companies to delete algorithmic systems built with ill-gotten data — The Federal Trade Commission has struggled over the years to find ways to combat deceptive digital data practices using its limited set of enforcement options.
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Pixel Envy. Tweets: @katekayereports, @jtashea, @keanbirch, @elinor_carmi, @techwontsaveus, @kavyapearlman, @cbridge_chief, @robertjbateman, @alexcengler, @jtrevorhughes, @schock, @bentarnoff, and @jason_kint
| Chaim Gartenberg / The Verge: |
Intel plans to invest €33B+ in Europe, including a €17B “leading-edge semiconductor fab mega-site” in Germany and a €12B expansion of its existing Ireland fab — Along with a €12 billion investment to expand its existing fab in Ireland
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CNET, Business Wire, Oregonian, techmonitor.ai, Silicon Republic, RTÉ, Windows Central, Engadget, PCMag, Bloomberg, The Irish Times, Reuters, Financial Times, New York Times, VideoCardz.com, TechRadar, PC Gamer, CNBC, ServeTheHome, and Phoronix
Tweets: @randhir_intel, @intelpolicy, @codendahl, @vonderleyen, and @intelnews
| TechCrunch: |
Aptos, a Layer 1 blockchain built by ex-Meta employees who worked on Diem, raises $200M at a $1B+ valuation led by a16z — Facebook's audacious attempt at creating a crypto payments network met an unceremonious end earlier this year when Silvergate Capital acquired the Diem technology assets for $182 million.| Kyle Wiggers / VentureBeat: |
RightBound, which automates customer insights and outreach for sales representatives, raises a $15.5M Series A extension, for a total Series A of $27M — AI and automation have the potential to transform the sales industry. A 2020 Harvard Business Review report found that AI could create …
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FinSMEs
| Ian Allison / CoinDesk: |
ConsenSys, which develops and invests in Ethereum projects, announces a $450M Series D led by ParaFi Capital at a $7B valuation and says MetaMask has 30M+ MAUs — The hefty Series D more than doubles the firm's previous valuation from November 2021. — Ethereum application … | Jon Fingas / Engadget: |
Israel's National Cyber Directorate says the country has recovered from a DDoS attack on a communications provider that took down government websites on Monday — Israel appears to be recovering from a large-scale cyberattack. According to Haaretz and Kan's Amichai Stein … | Filipe Espósito / 9to5Mac: |
After complaints, Twitter reverts its latest iOS update, removing the Latest Tweets tab and restoring the Home tab and the default chronological tweets option — Twitter was heavily criticized when it switched from the chronological timeline to the new feed that shows suggested tweets instead.| Manish Singh / TechCrunch: |
Pakistan-based Bazaar, which operates a B2B marketplace for merchants and helps them digitize their bookkeeping, raises a $70M Series B — Dragoneer Investment and Tiger Global are backing Bazaar, a startup that is attempting to digitize Pakistan's retail with e-commerce …
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Bloomberg, Tech in Asia, and DealStreetAsia
Tweets: @saadjangda, @sarthakgh, @cmschroed, and @asfandyarf
| Bloomberg: |
Analysis: TV shows make up ~75% of Netflix's top 10 lists, the average hit fades after two weeks or less, and Asian hits overlap the least with other markets — Nobody in Hollywood knows for sure what works on Netflix. — The company releases statistics like “26 million people watched this show in the first 28 days.”
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Apple Gazette and The Streamable
| Michael Novinson / CRN: |
SentinelOne to acquire identity threat detection and response company Attivo Networks for $616.5M, its second acquisition; Attivo raised $60.1M in funding — 'For Attivo, this acquisition is not an exit. Joining forces with SentinelOne is just the opposite: an opportunity to continue …
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Attivo Networks and Dark Reading
| Financial Times: |
GoTo, formed by the $18B merger of superapp Gojek and e-commerce business Tokopedia, plans to raise up to $1.3B via an Indonesia Stock Exchange IPO in April — SoftBank-backed tech group to list as investors bet on booming digital economy — GoTo, Indonesia's biggest start-up …
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TechCrunch, Business Wire, Bloomberg, PYMNTS.com, ExchangeWire.com, Tech in Asia, DealStreetAsia, Reuters, and finews.asia. Tweets: @montyhamilton
| Tim Keary / VentureBeat: |
Cowbell Cyber, which uses AI to assess risk and offer insurance for SMBs, raises a $100M Series B — Today, cyber insurance provider Cowbell Cyber announced that it had closed a Series B funding round of $100 million for its continuous underwriting platform.
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PYMNTS.com, CRN, SiliconANGLE, TechCrunch, PR Newswire, and SecurityWeek
| Sara Fischer / Axios: |
MPA: streaming made up 72% of the $99.7B global streaming and theatrical movie market in 2021, up from 46% in 2019; streaming subscriptions hit 1.3B, up 14% YoY — A sharp uptick in paid online video subscriptions and original content production for streaming platforms has helped … | Michael Kan / PCMag: |
Microsoft brings its DirectStorage API from Xbox to Windows to improve game load times and graphics details, after announcing the feature in September 2020 — “Starting today, Windows games can ship with DirectStorage,” Microsoft says. “This public SDK release begins a new era of fast load times …
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DirectX Developer Blog, HotHardware.com News, Tom's Hardware, ZDNet, Engadget, Club386, Rock, Paper, Shotgun, PCWorld, TechCircle, Tech Gaming Report, OSnews, XDA Developers, Wccftech, Neowin, OnMSFT.com, and Phoronix. Tweets: @chillblast
| Ingrid Lunden / TechCrunch: |
Germany-based Staffbase, a communications service for internal teams to send messages and measure their impact, raises a $115M Series E at a $1.1B valuation — The Covid-19 pandemic, with its by-product of social distancing to help reduce the spread of infection, led to many organizations working …
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Tech.eu and Crunchbase News
| Ingrid Lunden / TechCrunch: |
London-based Perlego, a digital subscription-based library of academic textbooks with about 850K titles, raises a $50M Series B led by Mediahuis Ventures — Spotify helped pave the way for a new model for consumers to listen to music: pay a monthly fee to stream whatever you want … | Jon Porter / The Verge: |
Apple rolls out iOS 15.4 with the ability to use Face ID while wearing a mask, and iPadOS 15.4 with Universal Control, which requires macOS Monterey 12.3 — iPadOS 15.4 has also launched with Universal Control support — iOS 15.4, the latest version of Apple's iPhone operating system …
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9to5Mac, CNET, Emojipedia, MacStories, MacRumors, iMore, ZDNet, Transistori, Softpedia News, XDA Developers, Gizmodo, Slashdot, Macworld, Thurrott, The Mac Observer, TechCrunch, iDownloadBlog.com, ZDNet, Engadget, iPhone Hacks, BGR, Redmond Pie, CNBC, AppleInsider, XDA Developers, and 9to5Mac
| Michael Potuck / 9to5Mac: |
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AppleInsider, MacRumors, Rambo Codes, Macworld, Macworld, Pocketnow, MacStories, Engadget, CNET, The Mac Observer, Ars Technica, iMore, iThinkDifferent, The Apple Post, MacRumors, AppleInsider, and Pocketnow
Tweets: @mgsiegler, @mgsiegler, @ianzelbo, @jonmchu, @can, @meenaljhajharia, @mgsiegler, @aviralagg, @can, @can, @bzamayo, @reneritchie, @dsilverman, @stroughtonsmith, @kirkburgess, @reneritchie, @caseyliss, and @_inside
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