Olga Kharif / Bloomberg:
A group of 35 former employees at crypto startup incubator ConsenSys allege “serious irregularities” in Swiss court over an asset transfer and demand an audit — A group of former employees of the ConsenSys AG is alleging “serious irregularities” at the startup incubator that owns …
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Thursday, March 3, 2022
A group of 35 former employees at crypto startup incubator ConsenSys allege "serious irregularities" in Swiss court over an asset transfer and demand an audit (Olga Kharif/Bloomberg)
Prominent open source advocate Miguel de Icaza is leaving Microsoft, which he joined in 2016 when it acquired Xamarin (Mary Jo Foley/ZDNet)
Mary Jo Foley / ZDNet:
Prominent open source advocate Miguel de Icaza is leaving Microsoft, which he joined in 2016 when it acquired Xamarin — Former Xamarin cofounder Miguel de Icaza is leaving Microsoft, the company he joined through acquisition just over six years ago. — Well-known open source advocate …
Mahindra group partners with Google Cloud for digital transformation
Insider, which uses AI to help companies analyze marketing data, raises a $121M Series D at a $1.22B post-money valuation led by QIA (Kyle Wiggers/VentureBeat)
Kyle Wiggers / VentureBeat:
Insider, which uses AI to help companies analyze marketing data, raises a $121M Series D at a $1.22B post-money valuation led by QIA — Marketing is becoming more data-driven in a world that does an increasing amount of its business online. According to a 2021 Ascend2 report …
Wednesday, March 2, 2022
Ukraine's tech diaspora races to mobilize Silicon Valley in war with Russia
Netflix acquires Finnish game developer Next Games for around $72M; the studio specializes in games based on entertainment franchises, such as Stranger Things (Vikas SN/Moneycontrol)
Vikas SN / Moneycontrol:
Netflix acquires Finnish game developer Next Games for around $72M; the studio specializes in games based on entertainment franchises, such as Stranger Things — Next Games had released ‘Stranger Things: Puzzle Tales’, a role-playing game based on the streaming giant's hit 80s horror drama series in October last year.
AMD unveils new Radeon mobile and desktop graphics cards designed for thin and light laptops and affordable gaming PCs
Google Cloud to use 3rd Gen AMD EPYC processors for high-performance computing workloads
Tuesday, March 1, 2022
An Israeli judge lifts reporting restrictions on the arrest of former Celsius Network CFO Yaron Shalem in 2021 for suspected fraud, as Celsius raised $400M (Financial Times)
Financial Times:
An Israeli judge lifts reporting restrictions on the arrest of former Celsius Network CFO Yaron Shalem in 2021 for suspected fraud, as Celsius raised $400M — Yaron Shalem was one of 10 detained in connection with alleged fraud at other cryptocurrency ventures
The SEC says BitConnect founder Satish Kumbhani, recently charged with running a $2.4B Ponzi scheme, has disappeared from his native India (David Voreacos/Bloomberg)
David Voreacos / Bloomberg:
The SEC says BitConnect founder Satish Kumbhani, recently charged with running a $2.4B Ponzi scheme, has disappeared from his native India — BitConnect founder Satish Kumbhani, charged criminally in the U.S. last week with a $2.4 billion Ponzi scheme, has vanished from his native India, officials said.
African financing service M-KOPA, which helps people without bank accounts buy smartphones, TVs, and other items, raises $75M, bringing total funding to $190M (Tage Kene-Okafor/TechCrunch)
Tage Kene-Okafor / TechCrunch:
African financing service M-KOPA, which helps people without bank accounts buy smartphones, TVs, and other items, raises $75M, bringing total funding to $190M — A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked …
Baidu reports Q4 revenue rose 9% YoY to ~$5.2B as net income drops to ~$269M, as the company transitions from online marketing to components supplier (Zheping Huang/Bloomberg)
Zheping Huang / Bloomberg:
Baidu reports Q4 revenue rose 9% YoY to ~$5.2B as net income drops to ~$269M, as the company transitions from online marketing to components supplier — Baidu Inc.'s revenue beat estimates after efforts to monetize artificial intelligence technology helped offset losses in ad sales triggered by China's economic slowdown.
YouTube will block Kremlin-backed RT and Sputnik in Europe, following similar bans by Meta and TikTok, citing the Ukraine invasion (Mark Scott/Politico)
Mark Scott / Politico:
YouTube will block Kremlin-backed RT and Sputnik in Europe, following similar bans by Meta and TikTok, citing the Ukraine invasion — Google's YouTube said Tuesday that it would block Kremlin-backed media outlets RT and Sputnik from Europe following similar bans by Facebook and TikTok.
MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)
Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...