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June 8, 2022, 8:15 AM
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| 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.| 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.
More:
Finbold, Bloomberg, Blockworks, Reuters, Insider, The Block, Ethereum World News, Benzinga, and Tech News
Tweets: @zerohedge, @zerohedge, @whalesonly1, @wublockchain, and @eringriffith
| 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, ZDNet, The Record, CISA, The Register, Security Affairs, The Hacker News, and iTnews
| 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 …
Source:
U.S. Department of Justice. More:
Chainalysis, The Hacker News, Infosecurity, Cybernews.com, The Record, and CyberScoop
| 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 …
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Insider, Wall Street Journal, Insider, Windows Central, Bloomberg, Fossbytes, Engadget, OnMSFT.com, BigTechWire, The Verge, and Neowin
Tweets: @dinabass, @ashannstew, @kentbye, @robaeprice, @ashannstew, and @dinabass
| 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.
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PCMag, IBM, Gizmodo, DCD, Reuters, TechSpot, TechRadar, Silicon Republic, euronews, CRN, The Register, and Reuters. Tweets: @th3j35t3r
| 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, SC Media, BleepingComputer, and GovInfoSecurity
| 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
More:
Insider and Tech in Asia
| 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.
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TechCrunch, AppleInsider, iDrop News, Biometric Update, Digital Information World, TechSpot, PCMag, TechRadar, Help Net Security, Pocket-lint, Engadget, and Cult of Mac
Tweets: @rmondello, @siracusa, @erynofwales, @reneritchie, @rmondello, @blowdart, @existentialenso, and @ultralinx
| Mary Ann Azevedo / TechCrunch: |
PayPal begins letting users in the US move cryptocurrency from and to external wallets and exchanges, after they complete a new identity verification process — 'We're in this for the long term,' says exec — In response to customer demand, PayPal announced today that its users …
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PayPal Newsroom, Decrypt, Blockworks, The Block, Blockchain News, CoinDesk, CoinDesk, TechCircle, Cryptopolitan, Micky, Cryptonews, SiliconANGLE, Crypto Briefing, Reuters, PYMNTS.com, Bitcoinist.com, Bank Automation News, and Protocol
Tweets: @wublockchain, @bayareawriter, @epro, @danielgothits, @ourielohayon, and @thestalwart
| 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, Sifted, and PR Newswire
| 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.| 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 … | City A.M.: |
Bud Financial, which offers an open banking service that automates affordability checks, raises an $80M Series B, following a $20M Series A in February 2019 — Open banking fintech firm Bud announced its $80m (£64m) Series B funding, led by Bellis Phantom Holdco, an indirect affiliate of investment funds managed by TDR Capital.
More:
TechCrunch, Retail Banker International, AltFi, and Finextra
| 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 …
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Insider, Wall Street Journal, Axios, s.wsj.net, Yahoo Finance, Reuters, The Hill, New York Post, Protocol, and CNN
Tweets: @markskrikorian, @iti_techtweets, @mhackman, @morrisreports, @ailanational, @joshjame, @thisissmithj, @bulldoghill, @thescottspacek, @tarbel, @ptrevisani, @speaksamuel, @bykowicz, @annierpalmer, @technetupdate, @venikunche, @brentrenison, @gsiskind, @wsj, @karan_k_bhatia, @jcastaneda1212, and @benioff
| 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:
TechCrunch and SecurityWeek
| Mary Ann Azevedo / TechCrunch: |
Ohio-based Branch, which offers APIs to bundle home and auto insurance, raises a $147M Series C led by Weatherford Capital at a $1.05B post-money valuation — Branch, a startup offering bundled home and auto insurance, has raised $147 million in Series C funding at a postmoney valuation of $1.05 billion.
More:
Insider
| Kyle Wiggers / TechCrunch: |
Gantry, a service that helps AI developers decide when to retrain their AI systems and with which data, emerges from stealth with a $28.3M seed and Series A — The demand for AI in the enterprise is insatiable, but the challenge lies in building the support infrastructure and its development and maintenance.| Benjamin Mayo / 9to5Mac: |
iOS 16 will fix the issue in SMS chats where reacting with Tapbacks sends separate spammy messages, and will instead show the Tapbacks above relevant messages — The hero changes to iMessage in iOS 16 are the addition of edit button and undo send features.
More:
TechCrunch, The Verge, MacRumors, and Android Police
Tweets: @ebarer, @kyliebytes, @tylerrochwerg, @tylerrochwerg, @reneritchie, @viticci, and @panzer
| Chance Miller / 9to5Mac: |
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CNET, MacRumors, SlashGear, iMore, iPhone in Canada Blog, iThinkDifferent, iDownloadBlog.com, TechRadar, BGR, Tom's Guide, iPhone Hacks, PhoneArena, Apple, Wccftech, AppleInsider, iMore, Candid.Technology, The Verge, and Engadget
Tweets: @markgurman, @sarahintampa, @inafried, @stshank, @asymco, and @mkbhd
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