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September 15, 2019, 6:30 PM
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WeSmirchTop News
| David Coats / VC by the Numbers: |
Analysis: ~51% of capital invested into US VC-funded companies exiting over the last decade lost money, while less than 4% generated a 10x or greater return — In fact, we are highly skewed. — Most of us know intuitively that venture investing is a hits driven business.
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AVC and Howard Lindzon
Tweets: @modestproposal1, @federicoantoni, @semil, @merket, @trengriffin, @trace_cohen, and @skupor
| Financial Times: |
Sources: Libra representatives to meet officials from 26 central banks, including the Federal Reserve and the Bank of England, in Basel, Switzerland on Monday — Facebook will be quizzed by global regulators on its planned Libra coin project amid concerns from EU governments over the threat … | Jeff Abramowitz / Wired: |
Launched 20 years ago, Wi-Fi nearly lost out to the rival HomeRF, which was developed and promoted by a group including Compaq, HP, IBM, Intel, and Microsoft — Opinion: Launched 20 years ago this week, Wi-Fi nearly hit a dead spot. — We all love Wi-Fi, except when we can't connect.
Tweets: @davwrigh, @mgsiegler, @joshelman, @wired, @wired, and @oliakanevskaia
| Andy Greenberg / Wired: |
Researchers: execution errors prevented the Crash Override malware, which took down the Ukrainian power grid for an hour in 2016, from causing lasting damage — A fresh look at the 2016 blackout in Ukraine suggests that the cyberattack behind it was intended to cause far more damage.| Christoph Rauwald / Bloomberg: |
Volkswagen is unifying its fragmented IT efforts under a new Car.Software unit, which will develop “vw.os”, with first cars with new software shipping next year — - Combined operations to pool about 10,000 software workers — Move will boost efficiency across 12 automotive brands| Rob Walker / New York Times: |
Despite what media and politicians say, there is no tangible tech backlash from consumers, who shrug off warnings of a dystopian future and embrace new tech — Worse, we think there is one. — Mr. Walker is the author of “The Art of Noticing.” — It's fun, and increasingly fashionable, to complain about technology.
Tweets: @marcgunther, @wiczipedia, @wiczipedia, @antoniogm, @pakman, @antoniogm, @antoniogm, @stevelohr, and @felixsalmon
| Jeremy Horwitz / VentureBeat: |
An overview of Qualcomm's various R&D projects aimed at making 5G technology ubiquitous over the next few years — It was easy to call 5G inevitable. Whatever it was, some next-generation cellular technology was certain to follow 2G, 3G, and 4G into the mainstream of global life.
Tweets: @natetibbits, @bassilelkadi, and @horwitz
| Connie Loizos / TechCrunch: |
Interview with Cloudflare co-founder Michelle Zatlyn on its IPO, its dual-class stock structure giving employees 10x the voting rights over public shares, more — Shares of Cloudflare rose 20% today in its first day of trading on the public market, opening trading at $18 after it priced … | Renee Dudley / ProPublica: |
Ransomware hackers are targeting managed service providers, causing chaos for the city governments, medical clinics, and smaller businesses who use them for IT — On July 3, employees at Arbor Dental in Longview, Washington, noticed glitches in their computers and couldn't view X-rays.
Tweets: @sesmith, @propublicail, @propublica, @guptamnka, @propublica, @danlgolden, and @propublica
| Srividya Kalyanaraman / AmericanInno: |
CIMCON Lighting, whose smart city platform simplifies the deployment of sensors, cameras, and other devices, such as Wi-Fi access points, raises $33M Series C — Burlington-based smart city solutions maker CIMCON raised $33 million in a Series C round led by Digital Alpha.
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PR Newswire, Smart Cities World, and Biometric Update
| Cyrus Lee / ZDNet: |
China Unicom and China Telecom, the two smaller mobile carriers among China's big three operators, are teaming up to build 5G networks across 15 Chinese cities — China Unicom has struck a deal with its rival China Telecom to build their 5G networks together to cut costs.| Nikhilesh De / CoinDesk: |
Winklevoss' crypto exchange Gemini launches Gemini Custody, a custody service targeting financial institutions, with support for 18 cryptocurrencies — The Gemini exchange is launching an institutional-grade crypto custody solution, according to an announcement Tuesday.Sponsor Posts
Tribe AI:
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
SignalFire:
SignalFire raises another $1 billion to back applied AI startups — We build AI too. It tracks 650M tech employees so we can help companies with recruiting and GTM across enterprise, infra, healthcare, security, and consumer.
SignalFire raises another $1 billion to back applied AI startups — We build AI too. It tracks 650M tech employees so we can help companies with recruiting and GTM across enterprise, infra, healthcare, security, and consumer.
Zoho:
Achieving UK's Cyber Essentials with Zoho's Security Solutions — As cybercrime continues to surge, businesses find themselves increasingly vulnerable to attacks that can disrupt operations and tarnish their reputations, particularly in the UK.
Achieving UK's Cyber Essentials with Zoho's Security Solutions — As cybercrime continues to surge, businesses find themselves increasingly vulnerable to attacks that can disrupt operations and tarnish their reputations, particularly in the UK.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Diggnation:
Tiki Bar TV, Appendixes, and Rideable Robot Horses
Kevin Rose and Alex Albrecht give you their unique, sometimes awkward, and always hilarious take on the edges of the internet.
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Techmeme Ride Home:
Trump Helps Zuck Get A Reprieve In Europe
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
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Decoder with Nilay Patel:
Verizon's consumer chief: Net neutrality 'went literally nowhere'
A show from the Verge about big ideas - and other problems.
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Grit:
No Reset Button: Reinventing Amplitude in a Post-AI World (Spenser Skates)
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Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
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Lenny's Podcast:
Building a magical AI code editor used by over 1 million developers in four months: The untold story of Windsurf | Varun Mohan (co-founder & CEO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
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