Sunday, October 3, 2021

Bitcoin: What I Hate, Love, and Fear About the Cryptocurrency

Starting from a value of less than 1 paisa, Bitcoin has grown into one of the most valuable assets around, although it is perhaps less successful as a currency. What is there to love about the world's... https://ift.tt/2YlWxUz

Ula, a food-focused B2B e-commerce marketplace in Indonesia, raises $87M Series B with investors including Jeff Bezos, following its $20M Series A in January (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Ula, a food-focused B2B e-commerce marketplace in Indonesia, raises $87M Series B with investors including Jeff Bezos, following its $20M Series A in January  —  Updated at 8.15pm PT, October 3: In a statement, Ula confirmed TechCrunch's reporting.  The startup said it has raised $87 million in its Series B financing round.



How to Pre-Order PlayStation 5, PS5 Digital Edition Restocks in India

PS5 India October 4 restock - for PlayStation 5 and PS5 Digital Edition - available at Amazon, Croma, Flipkart, Game Loot, Games The Shop, Prepaid Gamer Card, Reliance Digital, Sony Center... https://ift.tt/3ouDDWd

In a 60 Minutes interview, the Facebook Files whistleblower says the company is misleading the public on progress against hate speech, misinformation, more (CBS News)

CBS News:
In a 60 Minutes interview, the Facebook Files whistleblower says the company is misleading the public on progress against hate speech, misinformation, more  —  Frances Haugen says in her time with Facebook she saw, “conflicts of interest between what was good for the public and what was good for Facebook.”



Ex-Facebook PM Frances Haugen comes forward as a key source behind Facebook Files, says she became increasingly alarmed by how profits came before public safety (Jeff Horwitz/Wall Street Journal)

Jeff Horwitz / Wall Street Journal:
Ex-Facebook PM Frances Haugen comes forward as a key source behind Facebook Files, says she became increasingly alarmed by how profits came before public safety  —  The former Facebook employee says her goal is to help prompt change at the social-media giant



Analysis: global VC funding for semiconductor startups has reached $3.7B in 2021 so far, up from 2020's record of $3.4B, with US-based startups raising ~$1.7B (Chris Metinko/Crunchbase News)

Chris Metinko / Crunchbase News:
Analysis: global VC funding for semiconductor startups has reached $3.7B in 2021 so far, up from 2020's record of $3.4B, with US-based startups raising ~$1.7B  —  Editor's note: This is Mergers & Money, a monthly column by Senior Reporter Chris Metinko that covers dealmaking in the enterprise tech space.



Australia-based Cover Genius, a B2B insurance service which counts eBay and Intuit as partners, raises A$100M Series C led by Sompo Holdings at a A$1B valuation (Nabila Ahmed/Bloomberg)

Nabila Ahmed / Bloomberg:
Australia-based Cover Genius, a B2B insurance service which counts eBay and Intuit as partners, raises A$100M Series C led by Sompo Holdings at a A$1B valuation  —  - Investors included G Squared, Japanese insurer Sompo Holdings  — Fundraise is among the biggest by an Australian fintech



Amazon sale: 10 laptops ideal for online classes and office work available at discounts

https://ift.tt/3itBma8

Amazon Great Indian Festival sale Day 2: Geyser, room heater, air purifier and other appliances to stock up for this winter

https://ift.tt/3iqCJqc

Reliance Retail extends deadline to complete Rs 24,713 crore deal with Future Group

Reliance Retail Ventures, the retail arm of Reliance Industries, has for the second time extended the timeline for completing its Rs 24,713 crore deal with Future Group to March 31, 2022 as it awaits regulatory and judicial clearances. https://ift.tt/2YeJXqs

Apple and Google could help with child safety online by determining a user's age at device setup and sharing it with apps implementing child safety features (Issie Lapowsky/Protocol)

Issie Lapowsky / Protocol:
Apple and Google could help with child safety online by determining a user's age at device setup and sharing it with apps implementing child safety features  —  At a moment of almost frightening technological advancement, the tech industry's best defense against children accessing websites …



Gurman: M1X-powered MacBook Pros featuring 8 high-performance cores, 2 high-efficiency cores, and 16 or 32 graphics cores, will launch "in the next month" (Chance Miller/9to5Mac)

Chance Miller / 9to5Mac:
Gurman: M1X-powered MacBook Pros featuring 8 high-performance cores, 2 high-efficiency cores, and 16 or 32 graphics cores, will launch “in the next month”  —  Now that the iPhone 13 and Apple Watch Series 7 have officially been announced, attention has shifted …



A shortage of silicon metal, sparked by China cutting output, has sent prices up 300% in less than two months, impacting production of chips, glass, and more (Bloomberg)

Bloomberg:
A shortage of silicon metal, sparked by China cutting output, has sent prices up 300% in less than two months, impacting production of chips, glass, and more  —  - Silicon metal output disrupted amid electricity curbs in China  — Chemicals firms declare force majeure on silicone products



Elon Musk Says Cryptocurrencies Can't be Destroyed, Growth Can Be Curbed

Elon Musk believes that governments that have reservations against regulating cryptocurrencies can simply "do nothing" and perhaps, slow down crypto expansion. https://ift.tt/3oi6ZXN

CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating companies with 50M+ annual transactions as banks (Paige Smith/Bloomberg)

Paige Smith / Bloomberg : CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating ...