Posts by blatcho:

Singapore-based Osome, a “super app” for corporate services, raised a $25M Series B, after a $16M Series A in June 2021, and says it serves 11K+ companies (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch: Singapore-based Osome, a “super app” for corporate services, raised a $25M Series B, after a $16M Series A in June 2021, and says it serves 11K+ companies  —  Osome is a financial admin platform that helps business owners with administrative tasks like payroll, accounting and tax reporting.

Filing: US bank Silvergate acknowledges processing wire transfers for traders on Alameda, saying it conducted “extensive due diligence” on FTX and Alameda (Joshua Oliver/Financial Times)

Joshua Oliver / Financial Times: Filing: US bank Silvergate acknowledges processing wire transfers for traders on Alameda, saying it conducted “extensive due diligence” on FTX and Alameda  —  Federal Reserve-regulated company says it performed ‘significant due diligence’ on FTX and Alameda Research

Verizon replaces consumer unit chief Manon Brouillette, who joined in July 2021, with CEO Hans Vestberg; Verizon stock is down 29% in 2022 (Drew FitzGerald/Wall Street Journal)

Drew FitzGerald / Wall Street Journal: Verizon replaces consumer unit chief Manon Brouillette, who joined in July 2021, with CEO Hans Vestberg; Verizon stock is down 29% in 2022  —  Consumer division leader Manon Brouillette departs after less than a year amid weak wireless subscriber growth  —  Verizon Communications Inc. VZ …

Sources: the US Department of Agriculture is probing Neuralink for potential animal welfare violations after complaints that its animal testing is being rushed (Rachael Levy/Reuters)

Rachael Levy / Reuters: Sources: the US Department of Agriculture is probing Neuralink for potential animal welfare violations after complaints that its animal testing is being rushed  —  Elon Musk’s Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations amid …

Google’s latest Pixel drop brings VPN by Google and Clear Calling to Pixel 7 and 7 Pro, automatic speaker labels in the Recorder app to Pixel 6 and up, and more (Paul Thurrott/Thurrott)

Paul Thurrott / Thurrott: Google’s latest Pixel drop brings VPN by Google and Clear Calling to Pixel 7 and 7 Pro, automatic speaker labels in the Recorder app to Pixel 6 and up, and more  —  Google today announced the latest Pixel drop, which brings new features to Pixel phones, Pixel Watch, and Pixel Buds.

Rackspace confirms a “security incident” impacted its hosted Microsoft Exchange services, leading to an “extended outage”; customers complain of poor support (Simon Sharwood/The Register)

Simon Sharwood / The Register: Rackspace confirms a “security incident” impacted its hosted Microsoft Exchange services, leading to an “extended outage”; customers complain of poor support  —  Warns recovery could take several days and pledges better support after customer complaints

Survey of 8,000 young people in nine European countries finds 34% have pirated content, 27% reported trolling someone, 22% reported inciting violence, and more (Dan Milmo/The Guardian)

Dan Milmo / The Guardian: Survey of 8,000 young people in nine European countries finds 34% have pirated content, 27% reported trolling someone, 22% reported inciting violence, and more  —  EU-funded survey of people aged 16-19 finds one in four have trolled someone – while UK least ‘cyberdeviant’ of nine countries

Unlike Bernie Madoff, SBF has not confessed to any criminal conduct, arguing FTX’s collapse was purely sloppiness, meaning a US prosecution could take some time (Ankush Khardori/New York Magazine)

Ankush Khardori / New York Magazine: Unlike Bernie Madoff, SBF has not confessed to any criminal conduct, arguing FTX’s collapse was purely sloppiness, meaning a US prosecution could take some time  —  On December 11, 2008, Bernie Madoff was arrested and criminally charged with one of the biggest financial frauds in history …

An interview with Max Levchin on Affirm, the US CFPB’s inquiry into BNPL services, problems with credit cards, the current economic environment, and more (Lauren Goode/Wired)

Lauren Goode / Wired: An interview with Max Levchin on Affirm, the US CFPB’s inquiry into BNPL services, problems with credit cards, the current economic environment, and more  —  The PayPal cofounder on why his “buy now, pay later” company Affirm is a healthier way to borrow, what caused the techlash, and Elon Musk’s Twitter.

In an interview, SBF admits involvement in Alameda’s largest uses of funds: spending $3B to buy out Binance’s stake in FTX and pouring $4B into venture capital (Joshua Oliver/Financial Times)

Joshua Oliver / Financial Times: In an interview, SBF admits involvement in Alameda’s largest uses of funds: spending $3B to buy out Binance’s stake in FTX and pouring $4B into venture capital  —  Exchange’s former CEO says he was close to key decisions at nominally separate trading firm  —  Speaking from his bed in Nassau […]

Kuo: mass shipments of Apple’s AR/VR headset may be delayed until H2 2023, from previously estimated Q2 2023, due to “software-related issues” (Joe Rossignol/MacRumors)

Joe Rossignol / MacRumors: Kuo: mass shipments of Apple’s AR/VR headset may be delayed until H2 2023, from previously estimated Q2 2023, due to “software-related issues”  —  Mass shipments of Apple’s long-rumored AR/VR headset may be delayed until the second half of 2023 due to unspecified “software-related issues …

Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn (Joanna Glasner/Crunchbase News)

Joanna Glasner / Crunchbase News: Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn  —  Out of all the beaten-down public companies in the autonomous driving space, Embark Technology stands out as a conspicuously terrible stock market […]

A look at FORM, a 1980s software used for the hardest particle physics problems, as it risks obsolescence while being maintained almost entirely by a retiree (Matt Von Hippel/Quanta Magazine)

Matt Von Hippel / Quanta Magazine: A look at FORM, a 1980s software used for the hardest particle physics problems, as it risks obsolescence while being maintained almost entirely by a retiree  —  Maintenance of the software that’s used for the hardest physics calculations rests almost entirely with a retiree.

Boston- and London-based Zoe, a nutrition and health tracking app, raised £25M led by Accomplice at a £209M valuation, after closing a £48M Series B in May 2021 (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: Boston- and London-based Zoe, a nutrition and health tracking app, raised £25M led by Accomplice at a £209M valuation, after closing a £48M Series B in May 2021  —  Zoe, a startup founded by doctors and researchers out of London and Boston, made its name during the pandemic …

A look at virtual currencies like Roblox’s Robux, which have become many kids’ preferred way to be paid for chores or receive an allowance (Wall Street Journal)

Wall Street Journal: A look at virtual currencies like Roblox’s Robux, which have become many kids’ preferred way to be paid for chores or receive an allowance  —  Virtual currencies have become many families’ preferred way to pay allowance.  And Roblox’s currency is king.  —  Like many parents …

Tim Cook was able to placate Elon Musk within two days, but the chaos at Foxconn’s “iPhone City” may become the greatest test of Cook’s diplomatic skills yet (Patrick McGee/Financial Times)

Patrick McGee / Financial Times: Tim Cook was able to placate Elon Musk within two days, but the chaos at Foxconn’s “iPhone City” may become the greatest test of Cook’s diplomatic skills yet  —  Apple chief placates Elon Musk but faces bigger questions over iPhone supply chain  —  Tim Cook was already battling …

Elon Musk thinks the “Twitter Files” show that Twitter staff nefariously helped Joe Biden, but all they show is a team debating a difficult moderation decision (Jacob Kastrenakes/The Verge)

Jacob Kastrenakes / The Verge: Elon Musk thinks the “Twitter Files” show that Twitter staff nefariously helped Joe Biden, but all they show is a team debating a difficult moderation decision  —  Free-speech crusader Elon Musk isn’t happy with Twitter’s years-old decision to suppress a news story …

Elections in India’s Gujarat have become a WhatsApp spam war, as the main political parties push content across thousands of groups to influence voters (Samriddhi Sakunia/Rest of World)

Samriddhi Sakunia / Rest of World: Elections in India’s Gujarat have become a WhatsApp spam war, as the main political parties push content across thousands of groups to influence voters  —  10,000 volunteers, 50,000 WhatsApp groups, and the intense fight to “control people’s feed” in Gujarat.  —  • AHMEDABAD, GUJARAT, INDIA

A profile of Duolingo, which has almost 15M DAUs, up 51% YoY, and 3.7M paying subscribers, as it expects its 2022 revenue to surpass $365M, up 45% from 2021 (Bill Gifford/Bloomberg)

Bill Gifford / Bloomberg: A profile of Duolingo, which has almost 15M DAUs, up 51% YoY, and 3.7M paying subscribers, as it expects its 2022 revenue to surpass $365M, up 45% from 2021  —  After dinner on Aug. 23—a date he will never forget—Tobi Fondse pulled out his phone to do his daily Duolingo.

A look at Apple’s efforts to reduce dependence on Foxconn; sources: Apple wants other suppliers in China, Vietnam, and India to actively plan product assembly (Wall Street Journal)

Wall Street Journal: A look at Apple’s efforts to reduce dependence on Foxconn; sources: Apple wants other suppliers in China, Vietnam, and India to actively plan product assembly  —  Burned by Covid lockdowns and worker protests at Foxconn plants, the iPhone maker is looking to diversify the supply chain that has powered its growth

Sources: ex-FTX US President Brett Harrison is raising money for a startup to build crypto trading software for big investors, seeking $6M at a $60M valuation (Aidan Ryan/The Information)

Aidan Ryan / The Information: Sources: ex-FTX US President Brett Harrison is raising money for a startup to build crypto trading software for big investors, seeking $6M at a $60M valuation  —  Brett Harrison, the former president of FTX’s U.S. arm, is trying to raise money for a new crypto startup focused …