Jiko, a neobank that gives companies “low-cost access” to short-term US Treasury bills, raised a $40M Series B, bringing its total funding to $87.7M — Jiko started its life as a mobile bank for consumers. But over time, the fintech startup has evolved its model …
Samsung details GDDR7, already in production, with speeds up to 36Gbps, doubling GDDR6's 18Gbps, and plans to release new V-NAND chips with a 230-layer design — Increasing investments as others tighten their belts — Samsung is looking to capitalize on its deep and varied revenue sources …
Twitter makes notes on tweets from its crowdsourced fact-checking program Birdwatch visible to all US users — After last month's expansion of Twitter's crowdsourced fact-checking program known as Birdwatch, Twitter announced this morning the notes fact-checkers leave on tweets will now be visible to all U.S. users.
President Joe Biden has yet to appoint a US CTO after 20 months in office, a position Barack Obama filled within three months — Happy Thursday! A quick programming note: The newsletter will be off Friday but back on Monday. We'll see you on the other side!
Sources: Google has requested manufacturers to make 8M units of its Pixel 7 range, its largest-ever order, aiming to double smartphone sales in 2023 — U.S. company still niche player next to Samsung and Apple — TAIPEI/PALO ALTO, U.S. — Google is preparing its largest-ever launch order …
Global VC funding in Q3 2022 was $81B, down 53% YoY from $171B and 33% QoQ from $121B, the lowest level since $70.6B in Q1 2020 — The big global venture capital pullback we were all expecting is truly here. — Venture and growth investors in private companies scaled …
Minnesota-based Arctic Wolf, which offers cybersecurity tools and on-site experts, raised $401M in debt, after raising $150M at a $4.3B valuation in July 2021 — In a sign that pure equity financing is getting harder to come by, cybersecurity firm Arctic Wolf, which last July raised $150 million …
Amazon plans to hire 150,000 seasonal workers, the same as in 2021, ahead of the holidays; Walmart plans to hire 40,000, down from 150,000 in 2021 — Amazon.com Inc. plans to hire 150,000 seasonal workers, about the same as last year despite slowing sales and predictions of a lackluster holiday shopping season.
Altana, which uses AI to find supply chain anomalies and identify potential risks and bad actors, raised a $100M Series B, bringing its total funding to $123M — Trade wars, military conflicts, the rise of e-commerce and sustainability concerns are driving changes to supply chain networks and trade flows.
Tesla plans to remove ultrasonic sensors from some new Model 3 and Y cars this month and Model S and X cars in 2023 in favor of camera and software assistance — Tesla is removing ultrasonic sensors from Model 3 and Model Y vehicles, the next step in CEO Elon Musk's plan to only use cameras …
An interview with Sky Mavis co-founder Aleksander Larsen on staying play-to-earn after the hack, unfair criticisms, improving security, raising funds, and more — - Sky Mavis has endured a turbulent year even by crypto standards, suffering a massive hack and waning interest from gamers.
A look at “Crypto Twitter”, which acts as a town hall where traders, investors, scammers, content creators, founders, and others connect, do business, and relax — Twitter is different for crypto than it is for other areas of interest. To a certain extent …
Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...
