Stitch Fix says founder Katrina Lake will step down as CEO and become executive chairwoman starting August 1, names President Elizabeth Spaulding as next CEO (Kimberly Chin/Wall Street Journal)

Kimberly Chin / Wall Street Journal:
Stitch Fix says founder Katrina Lake will step down as CEO and become executive chairwoman starting August 1, names President Elizabeth Spaulding as next CEO  —  Katrina Lake will be succeeded as chief executive by Stitch Fix President Elizabeth Spaulding  —  Stitch Fix Inc. founder …

Degreed, a software company that helps businesses upskill their employees, raises $153M Series D at a $1.4B valuation, up from $710M last year (Bloomberg)

Bloomberg:
Degreed, a software company that helps businesses upskill their employees, raises $153M Series D at a $1.4B valuation, up from $710M last year  —  - CEO Chris McCarthy stepping down to focus on health issue  — Former senior Box executive Dan Levin to take over as CEO

Hacker claims to hit Route Mobile, 'access' Tata Comm data; firms deny

A cybercriminal has claimed to have compromised the network of Route Mobile, one of the leading Cloud communication platform service providers based in Mumbai, allegedly accessing internal data of Tata Communications and selling them on Telegram for $5,000. However, both Route Mobile and Tata Communications denied the claims on Tuesday. https://ift.tt/3g7XlD3

The DOJ says the FBI performed a court-approved operation to "copy and remove malicious web shells" on hundreds of hacked Exchange servers across the US (Joseph Cox/VICE)

Joseph Cox / VICE:
The DOJ says the FBI performed a court-approved operation to “copy and remove malicious web shells” on hundreds of hacked Exchange servers across the US  —  The FBI obtained court approval to access vulnerable computers across the United States.  —  Joseph Cox

Samsung Galaxy M42 5G Price in India Leaked, Amazon Availability Tipped

Samsung Galaxy M42 5G is largely expected to launch in India soon. The phone, in a fresh leak, is tipped to be priced between Rs. 20,000 to Rs. 25,000 in India. It may be made available on Amazon... https://ift.tt/3wSxx3W

Microsoft Buys AI Speech Recognition Firm Nuance for $19.7 Billion

Microsoft is acquiring artificial intelligence and speech technology company Nuance for $19.7 billion to give a boost to its cloud healthcare business. Nuance's technology includes a conversational AI... https://ift.tt/3282ym2

Nvidia Announces 'Grace' Server Chips to Take on Intel

Nvidia on Monday announced its plans to make server processor chip 'Grace' based on the technology from UK's Arm, putting it in the most direct competition yet with rival Intel. https://ift.tt/3a7Bwj9

Realme 8 6GB + 128GB Storage Variant to Go on Sale in India: All the Details

Realme 8 (6GB +128GB) is set to go on Sale again today via Flipkart and Realme.com at 12pm (noon). The phone is priced at Rs. 15,999 and comes with several offers. https://ift.tt/32cy2aV

Sources: Trip.com plans to raise ~$1.09B in its Hong Kong secondary listing, pricing at $34.46 per share, a discount of ~2% on its closing price on Monday (Julia Fioretti/Bloomberg)

Julia Fioretti / Bloomberg:
Sources: Trip.com plans to raise ~$1.09B in its Hong Kong secondary listing, pricing at $34.46 per share, a discount of ~2% on its closing price on Monday  —  - Online travel platform would raise $1.09 billion at that price  — U.S.-listed Chinese companies are flocking to Hong Kong

There’s a new WhatsApp security issue that you must know

There’s a new security flaw in WhatsApp that may allow almost anyone to delete your WhatsApp account without your knowledge. https://ift.tt/3tfKTVt

Realme C20 to go on its first sale today via Flipkart at 12 pm

Realme C20 comes in a single variant. It packs 2GB RAM and 32GB internal storage capacity. The phone is priced at Rs 6,999. As an introductory offer, the device will be available at Rs 6,799 in today’s sale. https://ift.tt/3wQQiok

DoT extends network gear purchase restriction to satellite services

As per the new norms, National Cyber Security Coordinator (NCSC ) will be the designated authority that can impose conditions for the procurement of telecom equipment on the grounds of "Defence of India" or matters directly related to national security. https://ift.tt/326ICjL

Poco X3 Pro with Snapdragon 860 to go on sale today at 12pm via Flipkart

Poco X3 Pro has a 6.67-inch FHD+ Smart display. The phone’s screen has a variable refresh rate of 120Hz and comes with a layer of Corning Gorilla Glass 6 on the display. https://ift.tt/32c8BGi

Court filings show that Epic committed $444M on "minimum guarantees" for game developers that release on Epic Game Store but stay off of Steam for a year (Tyler Wilde/PC Gamer)

Tyler Wilde / PC Gamer:
Court filings show that Epic committed $444M on “minimum guarantees” for game developers that release on Epic Game Store but stay off of Steam for a year  —  Here's how much money Epic is burning to make the Epic Games Store a Steam competitor.  —  To take on Steam …

Google expands Lens beyond mobile by rolling it out inside Google Photos for the web, allowing desktop users to copy text from images using OCR (Will Sattelberg/Android Police)

Will Sattelberg / Android Police:
Google expands Lens beyond mobile by rolling it out inside Google Photos for the web, allowing desktop users to copy text from images using OCR  —  For better or worse, Google has been working on expanding its Lens features far beyond the reach of its dedicated app.