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January 22, 2022, 3:25 PM
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memeorandum
WeSmirchTop News
| Tracy Wang / CoinDesk: |
CoinGecko: since Thursday, the cryptocurrency industry's market cap is down ~20% to ~$1.6T; Bitcoin fell ~20% to ~$34K and Ethereum fell ~30% to ~$2.3K — Cryptocurrencies are getting rekt. — Crypto blue-chips bitcoin (BTC) and ether (ETH) breached key $40,000 and $3,000 support levels …
More:
Bloomberg, Bloomberg, The Verge, Fortune, Cryptonews, The Economic Times, Protocol, PYMNTS.com, Fortune, and Bitcoinist.com
| Alex Wilhelm / TechCrunch: |
Plaid acquires Cognito, which offers ID verification and compliance services to financial firms, source says for ~$250M in cash and stock — Plaid, a fintech unicorn known for its APIs that connect consumer bank accounts to financial applications, announced today that it is buying Cognito.
More:
Semil Shah Blog, PYMNTS.com, Finextra, Plaid, Barron's Online, Insider, Crowdfund Insider, PitchBook, altfi.com, and Protocol
Tweets: @adamdraper, @jmover, @notgwera, @samorakariuki, and @backus
| Mark Williams / The Columbus Dispatch: |
How Ohio attracted Intel to build semiconductor plants, including pursuing execs for eight months, financial incentives, sustainability commitments, and more — It was a Christmas morning surprise for Ohio's governor and lieutenant governor: Intel was coming to Ohio.
More:
The Columbus Dispatch, TechCrunch, The Register, Intel, The Hill, and Gizmodo
Tweets: @jasonszegedi, @timaeppel, @brianstewartoh, @mikedewine, and @armandondk
| Alana Semuels / TIME: |
Intel commits $20B to build at least two semiconductor fabrication plants on a 1,000-acre site by 2025, employing at least 3,000 people in New Albany, Ohio — As part of an effort to regain its position as a leading maker of semiconductors amidst a global chip shortage …
More:
Intel, The Register, New York Times, The Verge, Supply Chain Dive, TIME, ZDNet, Tom's Hardware, HotHardware.com News, DCD, Washington Post, PC Gamer, AnandTech, New York Times, Alana Semuels, SlashGear, The White House, Reuters, ExtremeTech, Fabricated Knowledge, The Verge, PCWorld, The Hill, Ars Technica, New York Post, CRN, International Business Times, iPhone in Canada Blog, Protocol, The Mac Observer, Thurrott, MarketWatch, YouTube, KnowTechie, JobsOhio, Windows Central, Club386, PCMag, TechCircle, Engadget, Forbes, TechSpot, Benzinga, VideoCardz.com, Fortune, Wccftech, Axios, Bloomberg, CNET, Oregonian, Cincinnati.com, and The Economic Times
Tweets: @jonfortt, @lookinggdlouis, @intelnews, @timsweeneyepic, @timsweeneyepic, @ikesterhaney, @richlightshed, @potus, @reckless, @potus, @sadlyitsbradley, @timsweeneyepic, @johnkoetsier, @repslotkin, @ryansmithat, @govmikedewine, @iancutress, @ryansmithat, @chrislhayes, @intelnews, @danielnewmanuv, @bdsams, @ltgovhusted, @steakandchickn, @stshank, @mgsiegler, @chrisbriem, @ustechworkers, @aaron_renn, @amccarthyny, @hassankhan, @emmajune, @bsrivastava, @ben_orner, @thedailyseeker, @themindscourge, @jmborchardt, @karenkasler, and @alanasemuels
| Sneha Shah / The Economic Times: |
Bengaluru-based StockGro, a social investment startup with a gamified app for learning about and participating in stock markets, raises a $32M Series A — Mumbai: Social investment startup StockGro has raised $32 million led by marquee global investors such as Bitkraft Ventures, General Catalyst …
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YourStory.com, IBS Intelligence, Entrackr, DealStreetAsia, and Livemint
| Stefanie Marotta / Bloomberg: |
Shopify confirms it canceled contracts with warehouse and fulfillment partners, but says its capacity to handle orders won't be affected; stock closed down 14% — Shopify Inc. plunged by the most since March 2020 after a report that the Canadian e-commerce company terminated contracts with several warehouse and fulfillment partners.
Source:
Insider. More:
Livy's Newsletter
Tweets: @carnage4life, @carnage4life, @stefaniemarotta, and @bnnbloomberg
| Christine Hall / TechCrunch: |
Nowsta, which runs an on-demand labor marketplace and develops tools to help companies manage their hourly, gig, and flex workers, raises a $41M Series B — Nowsta attracted venture capital for its approach to help employers better engage with their hourly workforces in this increasingly hybrid work environment.
More:
Forbes, VentureBeat, and GlobeNewswire News Room
| Bloomberg: |
A look at ID.me, which will soon be used to verify IRS.gov logins and claims to have uncovered a $400B theft of US pandemic unemployment payments — If you were writing a techno-thriller, you'd give your hero a backstory like Blake Hall's. He's a Harvard MBA, an alumnus …
More:
scmagazine.com, S.T.O.P., Newser, The Verge, and DataBreaches.net
Tweets: @business, @repmikerogers, @mayazi, @adam_k_levin, @ositanwanevu, @emptywheel, @kurtopsahl, @dinabass, @bw, @hackingbutlegal, @hypervisible, @sdonnan, and @ozzthegr8
| Jason Schreier / Bloomberg: |
A group of 34 QA testers at Activision Blizzard's Raven Software vote to unionize with the CWA, and ask the company to voluntarily recognize their union status — Microsoft Corp.'s planned acquisition of Activision Blizzard Inc. will come with an unexpected and perhaps unwelcome addition: a small group of unionized workers.| Bill Toulas / BleepingComputer: |
Researchers: 40 themes and 53 plugins for WordPress downloaded from AccessPress had backdoors dating back to September, giving attackers full admin control — A massive supply chain attack compromised 93 WordPress themes and plugins to contain a backdoor, giving threat-actors full access to websites.| Malia Spencer / Portland Business Journal: |
Anitian, which offers enterprise cloud security and compliance software, raises a $55M Series B led by Sageview Capital, bringing its total funding to $71M — A Portland-area cloud security and compliance software maker has secured $55 million from investors to further fuel growth of its enterprise platform.
More:
MSSP Alert, Anitian, Help Net Security, and SecurityWeek
| Vittoria Elliott / Rest of World: |
US tech firms are “nearshoring” Latin American talent, lured by cheaper costs and similar time zones, leading to staffing shortages at tech firms in the region — As a hedge against American talent poachers, some exasperated founders are recruiting developers who can't speak English.
More:
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