| Connor Jones / The Register: |
UnitedHealth says the February ransomware attack on Change Healthcare cost the company $872M in Q1; another ransomware group appears to be extorting the company — First glimpse at attack financials reveals huge pain — UnitedHealth, parent company of ransomware-besieged Change Healthcare … | Rob Golum / Bloomberg: |
Filing: Take-Two plans to lay off 5% of its workforce, expecting to incur up to $200M in charges as part of the downsizing, including $140M from canceled titles — The company sees expenses of up to $200 million as part of the effort, including as much as $140 million from canceled projects … | Priya Anand / Bloomberg: |
Sensor Tower: Naval Ravikant and Brian Norgard's audio-focused invitation-only social app Airchat has been downloaded 30K+ times since it relaunched this month — - The app feels like a combination of voice notes and Twitter — Invite-only Airchat has won over VCs and early adopters| Kyle Wiggers / TechCrunch: |
The Linux Foundation announces the Open Platform for Enterprise AI, to foster the development of open, multi-provider, and composable generative AI systems — Can generative AI designed for the enterprise (for example, AI that autocompletes reports, spreadsheet formulas and so on) ever be interoperable?| Dell Cameron / Wired: |
The Senate is set to vote on RISAA, which reauthorizes FISA's Section 702 and could force new types of businesses to eavesdrop on Americans without a warrant — A controversial bill reauthorizing the Section 702 spy program may force whole new categories of businesses to eavesdrop … | TechCrunch: |
Sources: HR tech startup Rippling plans to close a Series F at a valuation as high as $13.4B, after a $200M injection plus $670M in shares sold by stockholders — The round could total $870M, including $670M worth of secondary — Late stage HRtech startup Rippling is raising new capital.| The Cloudflare Blog: |
Cloudflare says its network saw DNS-based DDoS attacks increase by 80% YoY in Q1 2024, with attacks on Sweden surging by 466% after its acceptance into NATO — Welcome to the 17th edition of Cloudflare's DDoS threat report. This edition covers the DDoS threat landscape along with key findings … | Mark Bergen / Bloomberg: |
Kontakt.io, whose software and Bluetooth devices help hospital managers make decisions about patients, beds, and equipment, raised $47.5M from Goldman Sachs — - Bank invests $47.5 million into health care location-tracking — Kontakt.io plans to build out AI system for hospital decisions| Hana Yoo / AdExchanger: |
IAB and PwC report on US digital ad sales in 2023: total revenue grew 7.3% YoY to $225B, digital video grew 10.6% to $52.1B, and digital audio grew 18.9% to $7B — Nothing lasts forever. Ad revenue growth decelerated for the second year in a row after heady post-COVID ad revenue gains.| Natasha Lomas / TechCrunch: |
Apple debuts web distribution of iOS apps to EU users, allowing qualifying devs who opt in to its Core Technology Fee to offer direct downloads from their sites — Apple is opening up web distribution for iOS apps targeting users in the European Union from today.| Kate Clark / The Information: |
Source: Mistral is in talks with investors about raising several hundred million dollars at a $5B valuation, after raising $415M at a $2B valuation in Dec. 2023 — Mistral, a Paris-based startup developing artificial intelligence that is open source, has been speaking to investors … | Abner Li / 9to5Google: |
YouTube strengthens its “enforcement on third-party apps” violating its ToS, “specifically ad-blocking apps”, leading to error messages and “buffering issues” — Following the ad blocker crackdown, YouTube is explicitly going after third-party … | Lizette Chapman / Bloomberg: |
Andreessen Horowitz raised $7.2B, including $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4% — Andreessen Horowitz, one of Silicon Valley's biggest venture capital firms, has raised $7.2 billion in new funding — a sizable haul after a rocky period for the startup world.| David Ljunggren / Reuters: |
Canada plans to introduce a digital services tax on large tech companies, which could raise CA$5.9B over the five years starting FY 2024-2025 — Canada will press ahead with introduction of a digital services tax on large technology companies, which would raise C$5.9 billion ($4.3 billion) … | Financial Times: |
Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board — Agreement is latest move by US tech group to extend its reach into fast-growing sector — Microsoft has agreed to invest $1.5bn … | Bloomberg: |
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Enhancements to Zoho Writer's automation flow designer: New PDF operations, password protection, and more — Once we rolled out the automation flow designer in Zoho Writer's merge templates …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Jennifer A. Kingson / Axios: |
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