Techmeme
March 26, 2022, 5:35 PM

Top News

Miles Kruppa / Financial Times:
As some crypto startups seek to avoid investor oversight, VCs pass on board seats to win deals; investors in FTX, which has raised $1.8B+, have no board seats  —  Founders of digital asset groups seek to avoid investor oversight in new Silicon Valley trend  —  Jack Lu received eight proposals …
Bloomberg:
Mike Frazzini, a longtime Amazon employee who helped start Amazon Games and its current head, is stepping down to focus on his family  —  Mike Frazzini, a longtime Amazon.com Inc. employee who helped start Amazon Game Studios, is stepping down.  The executive told staff Friday he was leaving …
Adi Robertson / The Verge:
Ukraine next week plans to start selling 54 NFTs chronicling the first three days of Russia's invasion; the funds will go to the country's “army and civilians”  —  Proceeds will go toward Ukraine's army and civilians  —  Ukraine's government is raising funds by selling non-fungible tokens …
FinSMEs:
Data Vault Holdings, which lets businesses monetize their data assets through its cloud-based exchange, raises a $30.5M Series A from undisclosed investors  —  Data Vault Holdings, a New York-based provider of a cloud-based platform for the delivery of branded data-backed cryptocurrencies, raised $30.5M in Series A funding.
Bloomberg:
Sources: Polish e-commerce locker service InPost is attracting takeover interest from CVC and others, as its stock is down 70%+ since its January 2021 IPO  —  InPost SA, the Polish operator of self-service lockers for e-commerce, is attracting potential takeover interest from private equity firms …
Reuters:
The US FCC adds Kaspersky Lab, China Telecom Americas, and China Mobile International USA to its national security threat list, barring them from its USF funds  —  The Federal Communications Commission (FCC) on Friday added Russia's AO Kaspersky Lab, China Telecom (Americas) Corp (0728.HK) …

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Earlier Picks

Jem Aswad / Variety:
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Russell Brandom / The Verge:
Daniel Michaels / Wall Street Journal: