| Jonathan Shieber / TechCrunch: |
Mark Zuckerberg details how Facebook and Chan Zuckerberg Initiative are responding to COVID-19: free ads for WHO and other health orgs, misinfo flagging, more — Mark Zuckerberg has outlined some of the steps that Facebook and his family's non-profit, the Chan Zuckerberg Initiative … | Monica Nickelsburg / GeekWire: |
In an email to staff, Amazon says an employee at its Seattle headquarters has tested positive for COVID-19 and that the affected employee remains in quarantine — An Amazon employee at the company's Seattle headquarters has tested positive for the novel coronavirus spreading across the country … | Abner Li / 9to5Google: |
Google says it will not host an in-person I/O event this year, due to coronavirus fears, and will instead offer a series of online events — Following a string of other tech cancellations in recent days, Google just announced that it will not host an in-person I/O 2020 over coronavirus concerns.| BBC: |
Tesla installed older chips in some new Model 3 cars sold in China because of supply issues caused by COVID-19, says it will upgrade them for free when it can — Tesla has revealed that it installed older, slower processors in new cars because of supply chain issues caused by the coronavirus outbreak.| Mark Gurman / Bloomberg: |
| Jay Peters / The Verge: |
| Sam Dean / Los Angeles Times: |
| Upmanyu Trivedi / Bloomberg: |
India's Supreme Court strikes down central bank's two-year-old ban on cryptocurrency trading in the country — - RBI banned banking services for digital currencies in 2018 — Start ups, exchanges, industry body challenged RBI's directive — India's Supreme Court struck … | Alex Kantrowitz / BuzzFeed News: |
Twitter will begin testing Fleets, letting users make posts that disappear after a short period of time, in Brazil, finally using a Stories-like format — On Wednesday, Twitter will begin testing a feature, called “Fleets,” that will allow you to post photos, videos, and text that disappear after a short period of time.| Daphne Leprince-Ringuet / ZDNet: |
Facebook says it has developed a more efficient ML tool to spot fake accounts, which has already helped take down 6.6B such accounts in the last year — Even equipped with a brand-new, high-performance algorithm, Facebook is unsure that it will ever win the war against fake accounts.| Josh Constine / TechCrunch: |
Robinhood says recent outages were caused by an “unprecedented load” on its system and will waive Gold customers' $15 fee for 3 months as initial compensation — It wasn't the leap year, a coding blip, or a hack that caused Robinhood's massive outages yesterday and today that left customers unable to trade stocks.| Kate Rooney / CNBC: |
| R.T. Watson / Wall Street Journal: |
Quibi says it has closed a second round of financing worth $750M that includes about $400M raised at the end of 2019, bringing its total raised to $1.75B — Closing $750 million financing round brings total raised to $1.75 billion — Short-form video streamer Quibi said it has closed … | Khari Johnson / VentureBeat: |
A look at some ways people in China are using AI and machine learning algorithms to detect the spread of COVID-19, predict survival rates for patients, and more — The spread of the COVID-19 coronavirus is a fluid situation changing by the day, and even by the hour.| Bloomberg: |
A look at three startups making credit cards for businesses, Ramp, Divvy, and Brex, which have collectively received over $1B in funding and debt — - Investors have placed big bets on business credit cards — American Express is still handily the largest player| Susan Decker / Bloomberg: |
CB Insights analysis of top 100 AI startups: the “most promising” 65 are US-based, though some have a dual HQ in China; overall US investment share is dropping — - Study finds companies focus on health, retail, transportation — Investment from other countries could slow American share| Josh Constine / TechCrunch: |
Legal tech startup Atrium is shutting down, laying off 100+ employees; CEO Justin Kan says Atrium failed to be more efficient than a traditional law firm — Justin Kan's hybrid legal software and law firm startup Atrium is shutting down today after failing to figure out how to deliver better efficiency than a traditional law firm.| Josh Constine / TechCrunch: |
Facebook fact-check partner Daily Caller faces scrutiny for labeling Politico, NBC News stories on Trump's COVID-19 comments as false, raising process concerns — Who fact-checks the fact-checkers? Did Trump call coronavirus the Democrats' “new hoax”? — Those are the big questions emerging … | Jim Salter / Ars Technica: |
Let's Encrypt discovers a bug in its Certification Authority Authorization code, meaning affected users need to manually force-renew certs to avoid downtime — Let's Encrypt users will need to manually force-renew once to avoid downtime. — On Leap Day, Let's Encrypt announced … | Matthew Leising / Bloomberg: |
KPMG report estimates that more than $9.8B worth of cryptocurrencies have been stolen since 2017 because of lax security or poorly written code — - Digital assets are vulnerable to lax security and weak code — Industry custodians ‘have a tremendous opportunity to profit’| Maria Deutscher / SiliconANGLE: |
Netlify, which has built a cloud-based platform for automating web development projects, raises $53M Series C led by EQT Ventures — Every month, about 8% of the world's internet users visit at least one website powered by Netlify Inc., a San Francisco startup that today announced … | Aditi Shrivastava / The Economic Times: |
Uber sold Uber Eats in India to Zomato for $206M, instead of $350M as previously reported, in return for a 9.99% stake, lowering Zomato's ~$3B valuation — Ride-hailing major Uber Inc sold its India food delivery business to larger rival Zomato for $206 million in return for a 9.99% stake, regulatory filings by the US-based firm show.
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