Techmeme: OnBoard, which provides cloud-based software to help companies digitize boardroom management, has raised a $100M growth investment from PE firm JMI Equity (Indianapolis Business Journal)

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July 11, 2021, 6:15 PM

Top News

Bloomberg:

Five former Kaseya employees say they had warned the company about its lax security practices, and were laid off or quit as Kaseya failed to address the issues — - Ransomware attack hit as many as 1,500 businesses this month — Workers say Kaseya ignored warnings about key vulnerabilities

More: Engadget, PCMag, and Slashdot

Tweets: @business, @jstrauss, @trycatchhcf, @vmarkus_k, @jsnover, @apanzerj, @arekfurt, @viss, @truesec, @adam_k_levin, @williamturton, @biannagolodryga, @matthewstoller, @matthewstoller, and @rj_gallagher

The Economic Times:

Twitter names a resident grievance officer for India and publishes a compliance report, meeting two key requirements under India's new IT rules — Amid tensions with the government, Twitter has appointed a Resident Grievance Officer, days after it designated a chief compliance officer …

Source: Twitter Help, Twitter Transparency Center - India, and Twitter Transparency Center - India. More: TechCrunch, The Hindu, Hindustan Times, Firstpost Tech, Reuters, Entrackr, and TechCircle

Tweets: @imsoumyarendra, @httweets, @airnewsalerts, and @sub8u

James Pearson / Reuters:

Investigation sheds light on Force 47, the Vietnamese army's online information warfare unit behind pro-state Facebook Groups that aim to correct “wrong views” — In Vietnam, where the state is fighting a fierce online battle against political dissent, social media “influencers” …

Tweets: @pearswick, @samfbiddle, @samfbiddle, @tostevinm, and @timothyjgraham

Cal Newport / New Yorker:

The key for tech companies to make remote work sustainable is not through policy, but by shifting “work” away from in-person surveillance toward defined results — Companies must move away from surveillance and visible busyness, and toward defined outcomes and trust.

Tweets: @newyorker, @newyorker, @toymango, @raju, and @jamescham

Financial Times:

Intel details its European expansion plans, says $20B investment into a regional semiconductor fab may be spread across several EU member states — Semiconductor maker talks of ‘ecosystem-wide project’ as it lobbies for support from bloc — US chipmaker Intel has said investment …

Tweets: @workmj, @sime0nstylites, @chadbown, and @swen_2017

Kif Leswing / CNBC:

Profile of PodSwap, a startup offering a battery replacement service for Apple's AirPods, and a great example of why we need right-to-repair legislation — - Owners have noticed that Apple AirPods eventually will last only an hour or so before needing to be recharged, compared to their four-to-five-hour battery life out of the box.

More: MSNBC. Tweets: @lorakolodny, @patrickmcgee_, and @nproctor

Kyle Orland / Ars Technica:

Makers of “CVCheat” say their computer vision-based cheat tool can provide undetectable “full auto-aim and auto-shots” for any game on PC, Xbox, or PlayStation — Capture cards, input hardware, and machine learning get around system-level lockdowns.

Tweets: @tylerglaiel, @flugazi, @eposvox, and @storagezilla

Chris Metinko / Crunchbase News:

Analysis: in H1 2021, private funding for cybersecurity companies reached $9B, up more than 2x from H1 2020 and eclipsing record total of $7.8B for all of 2020 — Perhaps the only thing more abundant than headlines about cyberattacks this year has been reports of record funding rounds …

Tweets: @crunchbasenews

Carly Page / TechCrunch:

Jack Cable of Krebs Stamos Group launches Ransomwhere, a crowdsourced ransomware payment tracker; the site is already tracking $32M+ in ransom payments for 2021 — Ransomware attacks, fueled by COVID-19 pandemic turbulence, have become a major money earner for cybercriminals, with the number of attacks rising in 2020.

Source: Ransomwhere and Ransomwhere. More: Gizmodo, The Record, Forbes, iTnews, CyberScoop, and BleepingComputer

Tweets: @jackhcable, @gregghoush, @campuscodi, @jeffstone500, @jackhcable, @profwoodward, @d3pak, @brfreed, @josephmenn, @leawalkr, @moltke, @kevincollier, @b_fung, and @kylegriffin1

Karen Hao / MIT Technology Review:

A look at startups like WellSaid Labs and VocaliD, which are building custom AI voice actors for digital assistants, video game characters, and corporate videos — A new wave of startups are using deep learning to build synthetic voice actors for digital assistants, video-game characters, and corporate videos.

Tweets: @kathyreid, @eagerbeavertech, @martinwaxman, @ttallon, @eagerbeavertech, @erikphoel, @eagerbeavertech, @resembleai, @_karenhao, @hkanji, @paulnemitz, @_karenhao, @vocalidinc, and @mattnavarra

Indianapolis Business Journal:

OnBoard, which provides cloud-based software to help companies digitize boardroom management, has raised a $100M growth investment from PE firm JMI Equity — Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now.

Source: PR Newswire. More: Mergers & Acquisitions and Inside INdiana Business

Andrew J. Hawkins / The Verge:

Inside Simulation City, Waymo's latest virtual world in which it trains, tests, and validates its “Waymo driver” software in preparation for the open road — A light gray cube with a thin blue top glides down a darkened highway, beset on all sides by dozens of green cubes.

More: Protocol. Tweets: @iansherr, @russellbrandom, @andyjayhawk, @jimbokimbo, and @verge

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From Mediagazer

Bron Maher / Press Gazette:

Newsquest's editorial development director says it now employs 36 “AI-assisted” reporters, freeing up the rest of the newsroom to “be out pounding the beat”

Dominic Ponsford / Press Gazette:

Tortoise Media names Times journalist Rachel Sylvester as The Observer's political editor; a source says 50%+ of Observer staff have decided to leave

Benjamin Mullin / New York Times:

After leaving Meet the Press, Chuck Todd is embarking on a career as a media entrepreneur, and plans to hire other hosts for a podcast and video network

More News

Zack Whittaker / TechCrunch:

NYC's new biometrics privacy law takes effect, barring businesses from selling customer data and requiring posted notices at their doors about data collection

More: International Association …, Lexology, Crain's New York Business, and Input. Tweets: @techcrunch

Angelica LaVito / Bloomberg:

How digital pharmacies like Alto, Capsule, and Medly, which together have raised $650M+ since Jan. 2020, are trying to disrupt incumbents like CVS and Walgreens

Tweets: @chirag_kulkarni and @larryvc

David Pierce / Protocol:

Pinterest courts creators via its stories-like permanent Idea Pins, sophisticated analytics and monetization tools, and promoting kinder, friendlier engagement

Tweets: @loupas, @mariejoelle, @pierce, @mattnavarra, and @protocol. Thanks:@malliegator

Financial Times:

Sources: after the Didi crackdown, China-based fitness app Keep, podcasting platform Ximalaya, medical data analytics startup LinkDoc pause their US IPO plans

More: Financial Times, Wall Street Journal, Bloomberg, and South China Morning Post

Tweets: @dickeysingh, @ftchina, and @lizalinwsj

Isabella Simonetti / Bloomberg:

Some Black TikTok creators describe unfair treatment by the platform and wider influencer economy, leading some to strike from creating new dances

More: NBC News. Tweets: @carnage4life, @rustybeltbuckle, @business, and @uscannenberg

Joseph Cox / VICE:

Phones with the “Anom” messaging app used in FBI and AFP's global sting are being sold on the secondary market, revealing the ArcaneOS operating system and more

More: Engadget, Wired, Six Colors, and Ars Technica

Tweets: @ronamadeo, @koush, @rhowardbrowne, @xdadevelopers, @lorenzofb, @jason_koebler, and @eghosao

Earlier Picks

Yoolim Lee / Bloomberg:

Report: mobile wallets became the most widely used payment method in 2019, 2.8B wallets were in use by the end of 2020; SE Asia is the fastest growing region

Source: Boku. More: iTWire, IBS Intelligence Market News, TechRadar, Finextra, and Tech in Asia

Tweets: @iansherr, @ourielohayon, @saadgh, @tmnsky, and @bworldph

Charlie Taylor / The Irish Times:

Ireland-based Teamwork, which creates business management SaaS applications, raises $70M, its first-ever external funding since its founding in 2007

Source: Business Wire and Teamwork. More: independent, FinSMEs, Enterprise Times, RTÉ, and Silicon Republic

Tweets: @damienmulley, @j_k9, @endeavorireland, and @donal_cahalane

Janko Roettgers / Protocol:

Samsung quietly launched its TV Plus streaming service on the web in May and has added to its mobile app the ability to cast videos to devices via Chromecast

More: Android Police, Gizmodo, SlashGear, The Verge, Neowin, SamMobile, and Engadget. Tweets: @wsbconsensus