| Ian King / Bloomberg: |
Internal memo: Arm to cut up to 1,000 jobs, or 15% of its workforce in the UK and US, before its IPO; 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 … | Michael Kan / PCMag: |
Microsoft brings its DirectStorage API from Xbox to Windows to improve game load times and graphics details, after promising it 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 … | 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.| 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.| Jon Fingas / Engadget: |
Israel's National Cyber Directorate says the country has recovered from a large-scale DDoS attack on Monday, which took down several government websites — Israel appears to be recovering from a large-scale cyberattack. According to Haaretz and Kan's Amichai Stein, attackers took … | 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 … | Michael Potuck / 9to5Mac: |
| 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 … | Financial Times: |
Indonesia's GoTo, formed by the $18B merger of superapp Gojek and ecommerce business Tokopedia, plans to raise up to $1.3B in a local IPO — SoftBank-backed tech group to list as investors bet on booming digital economy — GoTo, Indonesia's biggest start-up, plans to raise up to $1.3bn … | Dylan Martin / The Register: |
SiFive sells its chip connectivity unit OpenFive, including 75+ designs and a team of more than 300 people based mostly in India, to Alphawave for $210M in cash — We want to concentrate on legging it after Arm, says biz — Up-and-coming SiFive is selling its OpenFive business … | 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.| 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 … | 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 … | 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 … | Bloomberg: |
Analysis: TV shows make up 75% of Netflix viewing, the average hit disappears after two weeks or less, and Asian hits have the least overlap 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.”| 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 …
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| Sandali Handagama / CoinDesk: |
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