Posts by blatcho:

Flip, which lets shoppers monetize their purchases by posting video reviews, has raised a $60M Series B at a ~$500M valuation, bringing its total raised to $95M (Kimberly Chin/Axios)

Kimberly Chin / Axios: Flip, which lets shoppers monetize their purchases by posting video reviews, has raised a $60M Series B at a ~$500M valuation, bringing its total raised to $95M  —  Social commerce platform Flip wants to put a face—and a voice—to online beauty product reviews, in a bid to help shoppers make more […]

Microsoft reverses its decision to ban the sale of open source software in the Microsoft Store, due to mounting criticism (Sofia Wyciślik-Wilson/BetaNews)

Sofia Wyciślik-Wilson / BetaNews: Microsoft reverses its decision to ban the sale of open source software in the Microsoft Store, due to mounting criticism  —  Having previously upset software developers by implementing a ban on the sale of open source software in its app store, Microsoft has reversed its decision.

Source: UK mobile banking startup Starling told staff it ended a four-year process to get an Irish banking license, signalling a shift in its expansion strategy (Mark Kleinman/Sky News)

Mark Kleinman / Sky News: Source: UK mobile banking startup Starling told staff it ended a four-year process to get an Irish banking license, signalling a shift in its expansion strategy  —  The digital lender told staff on Monday that a four-year ambition to launch a retail bank in Ireland was being brought to a […]

Slack to update its subscriptions on Sept. 1, with free plans getting access to the last 90 days of messages and Pro plans to cost a max $8.74/user per month (Greg Kumparak/TechCrunch)

Greg Kumparak / TechCrunch: Slack to update its subscriptions on Sept. 1, with free plans getting access to the last 90 days of messages and Pro plans to cost a max $8.74/user per month  —  Slack, the chat platform that serves as an online watercooler for oh-so-many teams, is bumping up its monthly price and […]

A private antitrust lawsuit, filed in California, accuses Apple of using its smartphone dominance to fend off competition to Apple Pay from rival payment apps (Malathi Nayak/Bloomberg)

Malathi Nayak / Bloomberg: A private antitrust lawsuit, filed in California, accuses Apple of using its smartphone dominance to fend off competition to Apple Pay from rival payment apps  —  Apple Inc. was hit with an antitrust lawsuit over Apple Pay, accused of using its market power in the mobile device industry …

New York-based Meow, which offers corporate investors a compliant-first approach to cryptocurrency investing, raised a $22M Series A led by Tiger Global (PYMNTS.com)

PYMNTS.com: New York-based Meow, which offers corporate investors a compliant-first approach to cryptocurrency investing, raised a $22M Series A led by Tiger Global  —  Crypto corporate treasury firm Meow raised $22 million in a Series A funding round led by Tiger Global, with participation from QED Investors …

Four researchers with MIT ties earn Schmidt Science Fellowships

Four researchers with MIT ties — Juncal Arbelaiz, Xiangkun (Elvis) Cao, Sandya Subramanian, and Heather Zlotnick ’17 — have been honored with competitive Schmidt Science Fellowships. Created in 2017, the fellows program aims to bring together the world’s brightest minds “to solve society’s toughest challenges.” The four MIT-affiliated researchers are among 29 Schmidt Science Fellows […]

The linchpin in Microsoft’s Netflix deal was Xandr, the ad tech firm it recently acquired from AT&T that’s helping fuel Microsoft’s online advertising ambitions (Wall Street Journal)

Wall Street Journal: The linchpin in Microsoft’s Netflix deal was Xandr, the ad tech firm it recently acquired from AT&T that’s helping fuel Microsoft’s online advertising ambitions  —  Tech company, embracing underdog role, reignites its ambitions in online advertising  —  Microsoft Corp. MSFT 1.04%▲ …

Tracxn: ~$8.5B in VC funding was raised by Indian education startups from 2014 to 2021, with about half of that in 2021 alone, as they vie for US marketshare (Nikkei Asia)

Nikkei Asia: Tracxn: ~$8.5B in VC funding was raised by Indian education startups from 2014 to 2021, with about half of that in 2021 alone, as they vie for US marketshare  —  Grab for market share takes on extra urgency as valuation woes and job cuts bite  —  AKITO TANAKA, Nikkei Asia chief business news […]

Researchers say Alibaba’s cloud platform that hosted Shanghai’s now-leaked police database used outdated systems that didn’t offer the ability to set a password (Karen Hao/Wall Street Journal)

Karen Hao / Wall Street Journal: Researchers say Alibaba’s cloud platform that hosted Shanghai’s now-leaked police database used outdated systems that didn’t offer the ability to set a password  —  Cybersecurity companies say Alibaba’s cloud platform that hosted Shanghai’s police database used outdated systems that didn’t offer ability to set a password

Adam Neumann’s Flowcarbon and some other startups offering cryptocurrencies backed by carbon-offset credits have slowed product rollouts amid the crypto crash (Wall Street Journal)

Wall Street Journal: Adam Neumann’s Flowcarbon and some other startups offering cryptocurrencies backed by carbon-offset credits have slowed product rollouts amid the crypto crash  —  Investors rushed to startups offering cryptocurrencies backed by carbon-offset credits, then the markets tanked

Sydney-based Hivery, whose software helps retailers select the right mix of products to stock on store shelves, has raised a $30M Series B led by Tiger Global (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Sydney-based Hivery, whose software helps retailers select the right mix of products to stock on store shelves, has raised a $30M Series B led by Tiger Global  —  Hivery, a startup that bills itself as an “optimization platform” for retailers, today announced that it raised $30 million …

Seattle-based Phaidra, whose AI software automates building controls for industrial facilities like power plants, raised a $25M Series A led by Starshot Capital (Mark Bergen/Bloomberg)

Mark Bergen / Bloomberg: Seattle-based Phaidra, whose AI software automates building controls for industrial facilities like power plants, raised a $25M Series A led by Starshot Capital  —  Industrial production is one of the dirtiest corners of the corporate world.  A startup from former Google engineers thinks …

A look at YouTube’s strategy that began in 2019 of signing Twitch streamers who have a network of collaborators to try and build its own game streaming culture (Nathan Grayson/Washington Post)

Nathan Grayson / Washington Post: A look at YouTube’s strategy that began in 2019 of signing Twitch streamers who have a network of collaborators to try and build its own game streaming culture  —  Listen  —  Gift Article  —  Where once the departure of Twitch stars for YouTube Gaming elicited shock and awe …

An app for India’s largest public employment program is jeopardizing the livelihood of millions in the country due to technical glitches and poor connectivity (Sabah Gurmat/Rest of World)

Sabah Gurmat / Rest of World: An app for India’s largest public employment program is jeopardizing the livelihood of millions in the country due to technical glitches and poor connectivity  —  Poor connectivity and an English-only interface make the app unusable for many who rely on the Mahatma Gandhi National Rural Employment Guarantee Act.

MakeMyMove: at least 71 US cities and town are now offering cash grants and other perks to attract remote tech workers, up from 24 in October 2021 (Christopher Mims/Wall Street Journal)

Christopher Mims / Wall Street Journal: MakeMyMove: at least 71 US cities and town are now offering cash grants and other perks to attract remote tech workers, up from 24 in October 2021  —  Incentives are drawing high-paid tech workers, and challenging how we think about local economic development

The 2022 “crypto winter” differs from previous crashes, in part due to the macro environment, the TerraUSD collapse, excess leverage, and contagion via 3AC (CNBC)

CNBC: The 2022 “crypto winter” differs from previous crashes, in part due to the macro environment, the TerraUSD collapse, excess leverage, and contagion via 3AC  —  – Cryptocurrencies have suffered a brutal comedown this year, losing $2 trillion in value since the height of a massive rally in 2021.

India escalates its crackdown on Oppo, Vivo, and Xiaomi, which control ~60% of its smartphone market, with claims of tax evasion and unlawful remittances (Financial Times)

Financial Times: India escalates its crackdown on Oppo, Vivo, and Xiaomi, which control ~60% of its smartphone market, with claims of tax evasion and unlawful remittances  —  Oppo, Vivo and Xiaomi hit by claims of tax evasion and unlawful remittances in legal actions that have stoked tensions with China

Online scam centers in Southeast Asia have perfected “pig butchering”, a romance-meets-investment fraud, to lure victims into bogus investment schemes (Alastair McCready/VICE)

Alastair McCready / VICE: Online scam centers in Southeast Asia have perfected “pig butchering”, a romance-meets-investment fraud, to lure victims into bogus investment schemes  —  Thousands of imprisoned and abused workers are propping up Southeast Asia’s ‘pig butchering’ industry, an online fraud emptying bank accounts across the world.