June 8, 2022, 9:40 AM

Top News

Matt Burgess / Wired:
A look at Apple's plan to debut Passkeys, passwordless login for apps and websites, in iOS 16 and macOS Ventura using Touch ID or Face ID for authentication  —  Apple's iOS 16 and macOS Ventura will introduce passwordless login for apps and websites.  It's only the beginning.
Ian Allison / CoinDesk:
Source: Citadel Securities is building a “cryptocurrency trading ecosystem” in partnership with Virtu, Sequoia, Paradigm, and others  —  The effort also includes Citadel Securities' recent venture capital (VC) backers, Sequoia and Paradigm, with more trading firms to come, according to a source familiar with the plans.
Todd Bishop / GeekWire:
Internal email: Microsoft splits its HoloLens group and parts ways with the group's head Alex Kipman, who a recent Insider story cited for “toxic” behavior  —  Microsoft is splitting its HoloLens mixed reality group and parting ways with Alex Kipman, the leader of the group …
Sergiu Gatlan / BleepingComputer:
In a joint cybersecurity advisory, the NSA, CISA, and the FBI reveal China-backed hackers exploited publicly known vulnerabilities to snoop on network traffic  —  Several US federal agencies today revealed that Chinese-backed threat actors have targeted and compromised major telecommunications companies …
Amrita Khalid / Engadget:
IBM plans to wind down its business in Russia and lay off its workforce in the country, after suspending operations there in March 2022  —  IBM will begin an “orderly” wind-down of its operations in Russia, according to a memo from CEO Arvind Krishna that was released publicly today.
Cristina Criddle / Financial Times:
Sources: TikTok Shop in the UK is in turmoil after losing at least half its staff, or 20 people, since its launch in October, many citing a toxic workplace  —  Chinese-owned social media group launches investigation into ‘toxic’ working practices at London offices
Odanga Madung / Mozilla Foundation:
An analysis of political TikTok content in Kenya ahead of the August 9 general election shows hate speech and other problematic content is spreading widely  —  2. Extensive Disinformation and TikTok Policy Violations  —  3. Looking Back: Familiar Terrain for Kenyans
Sarah McBride / Bloomberg:
Vanta, which offers enterprise data security compliance tools, raises $100M led by Craft Ventures at a $1.4B valuation  —  In some ways, Vanta Inc. looks like a startup from a frothier era.  It's run by a 35-year-old entrepreneur in San Francisco and sells software primarily to other startups.
Kyle Wiggers / TechCrunch:
LibLab, which offers tools to automate the production and maintenance of SDKs, raises a $42M Series A led by Insight  —  LibLab, which bills itself as an “SDK-as-a-service” platform for engineers, today announced that it raised $42 million in Series A funding from Insight Partners …
Lauren Feiner / CNBC:
A coalition including Amazon, Google, and Uber urges the DHS to let kids of high-skilled visa holders stay in the US past the age of 21 without a green card  —  - Tech companies including Amazon, Google, Salesforce and Uber are urging the Department of Homeland Security to revise its aging …
Paul Gillin / SiliconANGLE:
Immuta, which offers cloud-native data governance tools, raises a $100M Series E led by NightDragon at a $1B valuation, bringing its total funding to $267M  —  Data security startup Immuta Inc. today said it has raised a $100 million late-stage funding round that pegs the company's valuation at $1 billion.
Shotaro Tani / Financial Times:
Grab plans to start selling its mapping data and map-making abilities to businesses, in an effort to become profitable  —  South-east Asian ride-hailing and food delivery app to expand enterprise unit in drive to become profitable  —  South-east Asian super app Grab will start selling …

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