Sources: Klarna is in talks to raise fresh funds at a ~$15B valuation, down from its $45.6B valuation in June 2021; source: a deal could yield at least $500M (Wall Street Journal)

Wall Street Journal: Sources: Klarna is in talks to raise fresh funds at a ~$15B valuation, down from its $45.6B valuation in June 2021; source: a deal could yield at least $500M  —  The SoftBank-backed, buy-now-pay-later startup is discussing raising cash at a valuation around $15 billion, down from 2021’s near $46 billion valuation

Boston-based remote notarization startup Notarize has laid off 110 of ~440 employees, or 25% of its workforce; Notarize was valued at $760M in March 2021 (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch: Boston-based remote notarization startup Notarize has laid off 110 of ~440 employees, or 25% of its workforce; Notarize was valued at $760M in March 2021  —  Notarize, a startup that offers remote online notarization services, has let go of 110 people – or 25% of its workforce.

Lyft reaches a $25M settlement to resolve shareholder claims that it concealed safety problems, including sexual assault by drivers, before its IPO in 2019 (Reuters)

Reuters: Lyft reaches a $25M settlement to resolve shareholder claims that it concealed safety problems, including sexual assault by drivers, before its IPO in 2019  —  Lyft Inc (LYFT.O) has reached a $25 million settlement to resolve shareholder claims that the ride-hailing company concealed safety problems …

A new board game highlights the colonized experience

In the popular board game “Puerto Rico,” players are placed in the role of colonial governors. Their task, while growing crops on plantations, is to earn points by shipping goods to Europe and owning buildings — the violent project of territorial expansion reduced to a tabletop game for three-to-five players. Such games, influenced by a […]

How the debt crisis of 2008-09 fueled populist politics

The economic downturn of 2008-09 has often been described as a financial-sector crisis, featuring failing banks. But it was much more than that. Many people with stagnant or dropping incomes, having borrowed to sustain their standard of living, found themselves deep in debt when the economy sagged and joblessness increased. In turn, those economic problems […]

In occupied Ukraine, Russia is forcing multiple ISPs to reroute connections through Russian infrastructure, subjecting traffic to censorship and surveillance (Matt Burgess/Wired)

Matt Burgess / Wired: In occupied Ukraine, Russia is forcing multiple ISPs to reroute connections through Russian infrastructure, subjecting traffic to censorship and surveillance  —  In occupied Ukraine, people’s internet is being routed to Russia—and subjected to its powerful censorship and surveillance machine.

TikTok is less transparent than US platforms about how long it keeps content deleted by users, as US law enforcement agencies increasingly seek to get such data (Thomas Brewster/Forbes)

Thomas Brewster / Forbes: TikTok is less transparent than US platforms about how long it keeps content deleted by users, as US law enforcement agencies increasingly seek to get such data  —  New!  Follow this author to improve your content experience.  Got it! … The FBI said it used cell-tower data earlier …

The EU toughens its disinformation Code of Practice, covering deepfakes, bots, fake accounts, and more; Meta, Google, TikTok, Twitter, and others have signed up (Katie Collins/CNET)

Katie Collins / CNET: The EU toughens its disinformation Code of Practice, covering deepfakes, bots, fake accounts, and more; Meta, Google, TikTok, Twitter, and others have signed up  —  Katie Collins  —  Katie a UK-based news reporter and features writer.  Officially, she is CNET’s European correspondent …

Japan’s business and government agencies are panicking as Internet Explorer shuts down; a March survey showed 49% of organizations use the browser for work (Nikkei Asia)

Nikkei Asia: Japan’s business and government agencies are panicking as Internet Explorer shuts down; a March survey showed 49% of organizations use the browser for work  —  Government, corporate users scramble to find alternative to Microsoft program  —  TOKYO — Microsoft bids farewell to Internet Explorer …

BitMEX co-founder Benjamin Delo is sentenced to 30 months probation without home confinement after pleading guilty to violating the US Bank Secrecy Act (Aislinn Keely/The Block)

Aislinn Keely / The Block: BitMEX co-founder Benjamin Delo is sentenced to 30 months probation without home confinement after pleading guilty to violating the US Bank Secrecy Act  —  BitMEX co-founder Benjamin Delo received 30 months probation without home confinement for Bank Secrecy Act (BSA) violations.

Investigation: ~300 US crisis pregnancy centers, which try to dissuade people from abortions, share website visitor info with Facebook via Meta’s tracking pixel (The Markup)

The Markup: Investigation: ~300 US crisis pregnancy centers, which try to dissuade people from abortions, share website visitor info with Facebook via Meta’s tracking pixel  —  The social media giant gathers data from crisis pregnancy centers through a tracking tool that works whether or not a person is logged in to their Facebook account

MIT-Northpond Program created to advance innovation in engineering and life sciences

MIT School of Engineering and Northpond Ventures today announced the launch of the MIT-Northpond Program — Advancing Life Science and Engineering Innovation. The five-year engagement is funded through Northpond Labs, the research and development-focused affiliate of Northpond Ventures. The program aims to generate ideas in the life sciences by connecting Northpond’s experienced venture capital investors with MIT’s […]

Boston-based Zoovu, which offers tools to improve product discovery across apps and websites, raises $169M led by FTV, bringing its total funding to $200M+ (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Boston-based Zoovu, which offers tools to improve product discovery across apps and websites, raises $169M led by FTV, bringing its total funding to $200M+  —  The competition in ecommerce has become fiercer as the pandemic drives shoppers online.  At the same time, customers have grown to expect better experiences.

Astronomers discover a multiplanet system nearby

Astronomers at MIT and elsewhere have discovered a new multiplanet system within our galactic neighborhood that lies just 10 parsecs, or about 33 light-years, from Earth, making it one of the closest known multiplanet systems to our own. At the heart of the system lies a small and cool M-dwarf star, named HD 260655, and astronomers […]

Cloudflare says it mitigated a 26M requests per second DDoS attack, the largest HTTPS DDoS attack detected to date, surpassing a 17.2M rps attack in August 2021 (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer: Cloudflare says it mitigated a 26M requests per second DDoS attack, the largest HTTPS DDoS attack detected to date, surpassing a 17.2M rps attack in August 2021  —  Internet infrastructure firm Cloudflare said today that it mitigated a 26 million request per second distributed denial-of-service …

A Massachusetts court rules that a proposed ballot measure, backed by Uber and Lyft, to classify gig drivers as independent contractors, violates state law (Kellen Browning/New York Times)

Kellen Browning / New York Times: A Massachusetts court rules that a proposed ballot measure, backed by Uber and Lyft, to classify gig drivers as independent contractors, violates state law  —  The ruling ends a $17.8 million campaign by companies like Uber and Lyft that would have led to the classification of their drivers as […]