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June 8, 2022, 10:45 AM
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| 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, ZDNet, Bloomberg, New York Post, Protocol, UploadVR, Wall Street Journal, Road to VR, Windows Central, CNBC, OnMSFT.com, TheGamer, The Verge, PC Gamer, Engadget, Fossbytes, and Neowin
Tweets: @dinabass, @ashannstew, @kentbye, @robaeprice, @dinabass, @ashannstew, and @gartenberg
| 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 Apple
Tweets: @rmondello, @siracusa, @erynofwales, @reneritchie, @rmondello, @blowdart, @existentialenso, and @ultralinx
| 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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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, DataBreaches.net, The Register, The Hacker News, and iTnews
| 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 …
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Engadget, Windows Central, The Economic Times, Barron's Online, Neowin, Gizchina, OnMSFT.com, and Reuters
Tweets: @baxiabhishek, @divestech, and @ylitvinenko
| Amrita Khalid / Engadget: |
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IBM, PCMag, Gizmodo, DCD, Reuters, PC Gamer, TechSpot, Silicon Republic, TechRadar, euronews, CRN, The Register, and Reuters. Tweets: @th3j35t3r
| 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
| 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
| 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, @shaig, @alexrkonrad, and @alexrkonrad
| 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.
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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 … | 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
| 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
| 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:
The Sun, VentureBeat, Protocol, and Adweek
Tweets: @mattnavarra and @metanewsroom
| 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| 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
| 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.| 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
| 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:
VentureBeat, TechCrunch, and SecurityWeek
| 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 … Sponsor Posts
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