| 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 … | 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 … | 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.| 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 … | 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| 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.| Sean Hollister / The Verge: |
Google details its plans for Stadia, including Immersive Stream for Games, a B2B offering to let other companies create their own cloud gaming services — Less friction, more white-labeling — Google's Stadia cloud gaming service didn't stick the landing, and it's been a rough ride since.| Kim Mackrael / Wall Street Journal: |
EU approves Amazon's $6.5B MGM acquisition, says the deal won't reduce competition as the companies don't overlap in content and MGM content is not a must-have — Regulators conclude deal wouldn't significantly harm competition in Europe — European Union antitrust officials gave … | Natasha Lomas / TechCrunch: |
The Irish DPC fines Meta €17M for GDPR violations related to 12 personal data breaches that Meta disclosed to the regulator in 2018 — Facebook's parent company, Meta, has been fined €17 million (~$18.6M) by the Irish Data Protection Commission (DPC) over a string of historical data breaches.| Aodhan O Faolain / TheJournal.ie: |
| 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.”| 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 … | Kyle Wiggers / VentureBeat: |
Run:AI, which helps businesses optimize their AI workloads, raises a $75M Series C led by Tiger Global and Insight Partners, bringing its total funding to $118M — While interest in AI remains high among enterprise organizations, particularly for its potential to improve decision-making … | 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 … | Manish Singh / TechCrunch: |
Source: Zomato reaches a merger agreement with instant delivery service Blinkit, formerly Grofers, in an all-stock deal valuing Blinkit between $700M and $750M — Food delivery firm Zomato and instant delivery service Blinkit have reached an agreement for a merger, a source familiar with the matter told TechCrunch.| 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 … | 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.| 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 … | 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 … | 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 … | 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 …
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| Michael Kan / PCMag: |
| Tim Cocks / Reuters: |
| Martin Matishak / The Record: |
| Filipe Espósito / 9to5Mac: |
| Jon Porter / The Verge: |
| Sandali Handagama / CoinDesk: |
| Sami Fathi / MacRumors: |
| Hollywood Reporter: |
| Hartley Charlton / MacRumors: |