| Andrew Thurman / CoinDesk: |
The Ronin Network, which supports Sky Mavis' Axie Infinity game, says it was hacked, and 173,600 ETH and 25.5M USDC was stolen, worth $600M+; RON is down ~20% — It may be the largest exploit in DeFi history. — The latest crypto hack may be the largest yet.| Bloomberg: |
Sky Mavis COO Aleksander Larsen says the company is “committed to reimbursing” Axie Infinity players and is “working on a solution” — The company behind the popular Axie Infinity crypto game said it will reimburse online participants who lost funds after hackers stole … | Washington Post: |
Meta paid Republican consulting firm Targeted Victory to orchestrate a campaign against TikTok in the US, including placing op-eds in regional news outlets — Facebook parent company Meta is paying one of the biggest Republican consulting firms in the country to orchestrate a nationwide campaign seeking … | Wall Street Journal: |
Sources: China is planning expanded restrictions on its huge live-streaming industry, including capping daily tipping and tighter content censorship — Regulators are planning rules limiting virtual tipping of live-streaming hosts and time spent by young people on the apps| Financial Times: |
Sources: Arm plans to transfer shares from its China joint venture, which it has struggled to control and audit, to SoftBank to speed up a New York listing — Shifting stake in chip designer's joint venture to a SoftBank special purpose vehicle would ease New York flotation| Mitchell Clark / The Verge: |
Google adds expanded Markdown support to Docs on the web, off by default, as part of its autocorrect feature — ## An alternative to keyboard shortcuts — Google is adding Markdown support to Google Docs on the web, letting you format your document using text shortcuts rather than keyboard ones.| Jay Peters / The Verge: |
Meta updates Messenger with Slack-like shortcuts, /silent to reply without a notification and @everyone to notify all, and plans to add more, like /pay and /gif — There's also one that pings everyone, so please use it responsibly — Meta, the parent company of Facebook … | Gilad Edelman / Wired: |
A look at the ECASH Act, which would direct the US Treasury to pilot digital dollars that would be stored on hardware and not on a distributed blockchain ledger — If you want the privacy of paper money, you need something that leaves no paper trail. — When you hear the phrase “digital cash,” what comes to mind?| Ron Amadeo / Ars Technica: |
Google adds a “booking page” to Calendar, letting users present available periods for a meeting — Calendar can now generate a webpage of available time slots for a user to pick from. — Google Calendar's latest update promises to take a lot of the back-and-forth out of booking appointments.| Emily Nicolle / Bloomberg: |
The UK's FCA extends a key deadline, set for Thursday, for approving crypto companies; the FCA has so far approved 33 companies — The U.K.'s financial regulator is extending a Thursday deadline for its approval of crypto operations, giving a dozen firms more time to get their applications or affairs in order.| TechCrunch: |
A brief overview of Y Combinator's Demo Day for the Winter 2022 batch, with 414 companies in total and the first batch to receive YC's new standard deal — The TechCrunch team spent today covering the first day of Y Combinator's Winter 2022 Demo Day, which featured half of the 394 companies that plan to virtually present.| Madhumita Murgia / Financial Times: |
DeepMind says it made changes to its policies after a female former staff member accused the Google-owned company of mishandling sexual misconduct allegations — Former employee at artificial intelligence group raises concerns about grievance procedure following assault and harassment by senior researcher| New York Times: |
Sources detail internal confusion from Meta moderators and employees over how to enforce content rules during Russia's invasion of Ukraine — The rules over what war content is permitted on Facebook and Instagram keep changing, causing internal confusion. — Meta, which owns Facebook … | Jim Waterson / The Guardian: |
Ofcom: around 16% of UK three and four-year-olds view TikTok content, rising to around 33% of children aged five to seven — Three-year-olds are on the video-sharing platform and it may be affecting their attention span — British toddlers are increasingly likely to be users of TikTok … | Malique Morris / The Information: |
Sources: Stripe-backed one-click checkout service Fast generated just ~$600K in 2021 revenue; source says Fast tried raising a $100M Series C in late 2021 — Several startups have been racing to sell software known as one-click checkout to retailers such as The Honest Company and Forever 21 … | Mike Wheatley / SiliconANGLE: |
ConcertAI, an AI and data startup for healthcare and life sciences, raises a $150M Series C at a $1.9B valuation led by Sixth Street — ConcertAI LLC, a provider of real-world data and artificial intelligence services for the healthcare and life sciences industries, reached unicorn status today.| Michail / GSMArena.com: |
Counterpoint: Motorola was the third largest smartphone OEM in the US in 2021, with a 10% market share, up 131% YoY, filling the void left by LG's exit — LG officially shut down its mobile division last April which left a sizeable hole in the US smartphone market and based … | Kate Kaye / Protocol: |
Q&A with 2021 Turing Award winner Jack Dongarra, an expert in linear algebra algorithms at the University of Tennessee, on hyperscale cloud computing and more — Even Jack Dongarra has a hard time wrapping his head around the number used to represent “exascale” computing: 1018.| Erron Kelly / VentureBeat: |
Anzu, which offers in-game ad services, raises $20M led by NBCUniversal and HTC, bringing its total funding to $37M — It's been a bit of a banger month for Anzu.io, the world's most advanced in-game advertising platform. The very end of February had Anzu announcing a content focused partnership with NBCUniversal.| Reuters: |
| Mary Ann Azevedo / TechCrunch: |
New Jersey-based Cross River Bank, a digital bank that offers payment and lending APIs to others, raises $620M at a $3B valuation led by Eldridge and a16z — The 14-year-old company powers payments and lending for the likes of Affirm, Coinbase and Stripe — Financial technology startups … | Shannon Liao / Washington Post: |
A judge approves an $18M settlement between Activision Blizzard and the US Equal Employment Opportunity Commission, ending the federal sexual harassment lawsuit — A judge approved an $18 million settlement between Activision Blizzard and the U.S. Equal Employment Opportunity Commission Tuesday … | Mike Butcher / TechCrunch: |
London-based Builder.ai, which offers low-code tools to build apps, raises a $100M Series C led by Insight Partners, bringing its total funding to $195M — When we started covering Builder.ai a few years ago, the startup was tapping into a new wave of businesses wanting their own native apps.
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| Berber Jin / The Information: |
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| Chris Welch / The Verge: |