Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in five years, and a $931M net loss; stock drops 14%+ — Sea Ltd. posted a bigger loss than expected and withdrew its 2022 e-commerce forecast, joining other online giants struggling …
Mozilla report flags 18 of the top 25 period and pregnancy tracking apps and wearables, including Clue and Eve, for poor privacy and data management practices — It's concerning in a post-Dobbs landscape — Period and pregnancy tracking apps collect data that could theoretically be used …
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV — Ofcom survey points to challenges for traditional broadcasters in keeping pace with digital and streaming trends
Arc, which offers debt funding and digital banking services to SaaS startups, raised a $20M Series A, after raising an $11M seed and $150M debt in January 2022 — Arc, a company that aims to give SaaS startups “a way to borrow, save and spend” in one place, has raised $20 million in a Series A round of funding.
Sources: ahead of a Fed meeting in January, Celsius CEO Alex Mashinsky personally directed individual trades, overruling executives, leading to large losses — In January, Celsius Network boss Alex Mashinsky gathered his investment team to tell them he would be taking control …
Galaxy Digital terminates its $1.2B acquisition of crypto custodian BitGo, announced in May 2021, after the service failed to provide audited statements — - Galaxy Digital announced on Monday that it would terminate its deal with crypto custodian BitGo, which had been announced in May 2021.
A look at the UK's beleaguered semiconductor industry, which has withered since the 1980s, and efforts to revive domestic production amid a global supply crunch — Richard Rogers' buildings are known for their inside-out architecture. The Inmos microprocessor factory in Newport, south Wales, completed in 1982, is no exception.
Court docs in Brazil show Microsoft sold approximately 58.5M Xbox One units in total, or half of the PS4's 117.2M sales; Microsoft has long hidden sales figures — A high-profile case is ongoing in Brazil, as Microsoft attempts to defend its Activision Blizzard acquisition from CADE, the Brazilian competition authority.
Analysis: Google Maps in the US regularly misleads people looking for abortion providers, instead pointing them towards non-medical crisis pregnancy centers — Chey was a 19-year-old college sophomore living near Orlando, Florida, when she discovered she was pregnant and decided to have an abortion.
The US' $42.5B broadband budget for underserved areas is withheld until the FCC makes new service maps, which aren't expected by rural providers until late 2023 — The $42 billion broadband plan is slowed by lack of accurate maps showing gaps in service — WASHINGTON—The government's …
A look at the growing bipartisan scrutiny of TikTok in the US; email: House officials told staff they did not recommend using the app, citing security concerns — National security concerns over the Chinese-owned viral video app remain unresolved. Lawmakers and regulators are increasingly pushing for action.
New York City-based Kumospace, which offers video chat and remote work tools with a “virtual office” feel, has raised a $21M Series A led by Lightspeed — After more than two years of remote work, many employees have no interest in returning to the office — at least not without good reason.
Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...
