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June 8, 2022, 12:30 PM
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| Alex Konrad / Forbes: |
After leaving Amazon on July 1, Dave Clark will join supply chain software startup Flexport as co-CEO starting September 1, becoming sole CEO six months later — Former Amazon consumer chief Dave Clark has a new job: co-CEO, and eventually sole CEO, of $8 billion-valued supply chain software startup Flexport.
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Insider, GeekWire, and Bloomberg
Tweets: @typesfast, @alexrkonrad, @amy_k_nelson, @tobi, @kimmaicutler, @buccocapital, @danprimack, @chrisfralic, @mattmday, @delrey, @typesfast, @alexrkonrad, @shaig, and @alexrkonrad
| 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.
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Protocol, Reuters, The Block, Bloomberg, Blockworks, Finbold, Insider, Ethereum World News, CryptoSlate, Benzinga, and Tech News
Tweets: @wublockchain, @eringriffith, @whalesonly1, @zerohedge, and @zerohedge
| 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
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City A.M., Insider, and Tech in Asia
| Todd Bishop / GeekWire: |
Internal email: Microsoft splits its HoloLens group as its leader Alex Kipman leaves the company; a recent Insider report described Kipman's “toxic” behavior — Microsoft is splitting its HoloLens mixed reality group and parting ways with Alex Kipman, the leader of the group …
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Insider, Bloomberg, ZDNet, Wall Street Journal, New York Post, Protocol, UploadVR, Windows Central, Road to VR, WinBuzzer, CNBC, TechSpot, OnMSFT.com, TheGamer, The Verge, Engadget, Fossbytes, Neowin, and PC Gamer
Tweets: @ashannstew, @dinabass, @toddbishop, @dinabass, @kentbye, @robaeprice, @dinabass, @ashannstew, and @gartenberg
| Rebecca Bellan / TechCrunch: |
Shared micromobility company Bird confirms plans to lay off 23% of its staff, or about 138 out of 600 workers, spanning across the organization and regions — Shared micromobility company Bird plans to layoff 23% of its staff, according to tech layoff tracker Layoffs.fyi.| 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 …
Source:
National Security …. More:
CISA, Metacurity, PCMag, Gizmodo, Security Affairs, CISA, The Record, Tech Monitor, Forbes, ZDNet, ComputerWeekly.com, CNN, The Register, iTnews, and DataBreaches.net
| Lawrence Abrams / BleepingComputer: |
The FBI and IRS led an international operation taking down online marketplace SSNDOB that sold the names, SSNs, and dates of birth of about 24 million US people — SSNDOB, an online marketplace that sold the names, social security numbers, and dates of birth of approximately 24 million US people … | Dina Bass / Bloomberg: |
Microsoft plans to “significantly scale down our operations in Russia”, impacting 400+ staff, while continuing “to fulfill our existing contractual obligations” — Microsoft Corp. is substantially reducing its business in Russia, joining the list of prominent technology firms cutting …
More:
The Verge, Windows Central, The Economic Times, Engadget, Barron's Online, Cybernews.com, Neowin, Gizchina, OnMSFT.com, and Reuters
Tweets: @baxiabhishek, @ylitvinenko, and @divestech
| Amrita Khalid / Engadget: |
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IBM, PCMag, Reuters, Gizmodo, DCD, TechSpot, Silicon Republic, TechRadar, PC Gamer, euronews, CRN, The Register, and Reuters. Tweets: @th3j35t3r
| Elizabeth Dwoskin / Washington Post: |
Source: Twitter's board plans to comply with Elon Musk's demands for internal data on bots, offering its full “firehose”, after a weeks-long impasse — The billionaire is in a protracted battle with the company over information about spam and fake accounts| Kate Conger / New York Times: |
Paige Thompson, an ex-Amazon employee accused of stealing 100M+ Capital One customer details, stands trial; her lawyers say she was a “novice white-hat hacker” — A woman is accused of downloading data of more than 100 million Capital One customers.| Rolling Stone: |
Sources: Twitter is fighting a request by the House January 6 committee for its internal Slack conversations, including on moderating tweets about the attack — Exclusive: The tech giant is refusing to hand over internal communications about how it moderated tweets about the Capitol Insurrection, sources tell Rolling Stone
More:
Gizmodo, Insider, and Benzinga
Tweets: @bradmossesq, @jannwolfe, @noahshachtman, @blackamazon, and @repjimbanks
| 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
More:
Gizmodo, Rest of World, Wired, and TechCrunch
Tweets: @odangaring, @carnage4life, @mozilla, and @mozilla
| Brandy Betz / CoinDesk: |
Stock advisor Delphia, which offers an algorithm-based service via its app, raises a $60M Series A led by Multicoin Capital and plans its Delphia Data token — Investors will earn Delphia Data tokens for sharing personal shopping and social media data. — Algorithm-backed stock advisor Delphia …
More:
TechCrunch, Blockworks, and PR Newswire
| Emma Roth / The Verge: |
Mark Zuckerberg says Crayta, a service built on Unreal Engine 4 that lets players create, share, and play games with friends, is coming to Facebook Gaming — The Roblox-meets-Fortnite platform lets you build games with friends — Crayta, a platform that lets players create, share …
Source:
Facebook. More:
VentureBeat, TechCrunch, The Sun, Protocol, and Adweek
Tweets: @metanewsroom, @nickstatt, @nickstatt, and @mattnavarra
| Anton Wilen / Bloomberg: |
Saudi Arabia's PIF-backed Savvy Gaming Group acquires an 8.1% stake in Sweden's Embracer for ~$1.05B, following similar deals with Modern Times and Nintendo — Saudi Arabia's wealth fund has made its second $1 billion foray into the Swedish gaming industry this year as part of a drive … | Mary Ann Azevedo / TechCrunch: |
Fruitful, a financial planning app in beta that offers advice for $98/month, emerges from stealth with a $25M Series A and $8M seed — As inflation continues to grow persistently higher, millions of Americans are struggling financially. — With that struggle comes a whole lot of financial stress.| 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.
More:
FinSMEs, VentureBeat, TechCrunch, SecurityWeek, and Tech News
| Ingrid Lunden / TechCrunch: |
London- and NY-based Multiverse, which finds diverse candidates to fill apprenticeships, raises a $220M Series D, following a $130M Series C in September 2021 — We've been tracking a worrying trend of layoffs in the technology industry, but that is not the full story.
More:
Forbes, FinSMEs, PR Newswire, and Sifted
| Jonathan Greig / The Record: |
Massachusetts-based Shields Health Care Group says hackers accessed databases containing personal data like SSNs and medical info of 2M patients in March 2022 — The sensitive information of two million people was accessed during a cyberattack on Shields Health Care Group …
Source:
Shields Health Care Group. More:
BetaNews, DataBreaches.net, HealthITSecurity, SecurityWeek, SC Media, BleepingComputer, and GovInfoSecurity
| 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.Thanks:@mariesdiamond
| Anita Ramaswamy / TechCrunch: |
Brooklyn-based Entropy, a decentralized crypto custodian that works across blockchains, raises a $25M seed led by a16z, following a $1.95M pre-seed in January — Tux Pacific isn't your average tech founder. They're a self-taught cryptographer who dropped out of college … | Ron Miller / TechCrunch: |
Salesforce announces NFT Cloud, a service for buying and selling NFTs, available in a closed preview — Who knows whether it's FOMO or actual customer demand for such a thing, but Salesforce announced today that it's launching a pilot of NFT Cloud, a new platform for buying and selling these crypto assets.
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PR Newswire, Insider, IT Management, and SearchCustomerExperience
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