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June 8, 2022, 10:30 AM
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memeorandum
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| 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.
More:
TechCrunch, AppleInsider, iDrop News, Biometric Update, Digital Information World, TechSpot, PCMag, TechRadar, Help Net Security, Pocket-lint, Engadget, and Apple
Tweets: @rmondello, @siracusa, @erynofwales, @reneritchie, @rmondello, @blowdart, @existentialenso, and @ultralinx
| 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 …
More:
Insider, New York Post, Protocol, Bloomberg, UploadVR, ZDNet, Wall Street Journal, Road to VR, Windows Central, TheGamer, The Verge, PC Gamer, Engadget, Fossbytes, Neowin, and OnMSFT.com
Tweets: @dinabass, @ashannstew, @kentbye, @robaeprice, @dinabass, @ashannstew, and @gartenberg
| 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:
Reuters, Bloomberg, Finbold, Blockworks, CryptoSlate, The Block, Insider, Ethereum World News, Benzinga, and Tech News
Tweets: @zerohedge, @zerohedge, @whalesonly1, @wublockchain, and @eringriffith
| 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, Tech Monitor, Forbes, The Record, Security Affairs, ZDNet, CISA, CNN, ComputerWeekly.com, The Register, 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, TechCrunch, The Hacker News, Malwarebytes Labs, TechRadar, Infosecurity, Cybernews.com, The Record, and CyberScoop
| 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 …
| Amrita Khalid / Engadget: |
More:
IBM, PCMag, DCD, Gizmodo, Reuters, PC Gamer, TechSpot, Silicon Republic, TechRadar, 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, HealthITSecurity, DataBreaches.net, SecurityWeek, 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
| 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 with the advisor.
More:
TechCrunch, Blockworks, and PR Newswire
| 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 … | 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.
Tweets: @delrey, @typesfast, @typesfast, @alexrkonrad, @alexrkonrad, and @alexrkonrad
| 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, Sifted, and PR Newswire
| 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 …
More:
PayPal Newsroom, Decrypt, Metaverse Post, Blockworks, The Block, CoinDesk, Blockchain News, CoinDesk, TechCircle, Cryptopolitan, Micky, Cryptonews, SiliconANGLE, Crypto Briefing, Reuters, Cointelegraph, PYMNTS.com, Bitcoinist.com, Bank Automation News, and Protocol
Tweets: @wublockchain, @epro, @bayareawriter, @danielgothits, @ourielohayon, and @thestalwart
| 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.| 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| 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.| 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
| 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 … | 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
| 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 …
More:
Insider, Wall Street Journal, Axios, s.wsj.net, Yahoo Finance, Reuters, The Hill, New York Post, Protocol, and CNN
Tweets: @scottlincicome, @markskrikorian, @mhackman, @morrisreports, @joshjame, @thisissmithj, @bulldoghill, @thescottspacek, @tarbel, @ptrevisani, @speaksamuel, @bykowicz, @annierpalmer, @technetupdate, @venikunche, @brentrenison, @gsiskind, @wsj, @iti_techtweets, @ailanational, @karan_k_bhatia, @jcastaneda1212, and @benioff
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