Friday, October 7, 2022

'Over 70% Indians prefer contacting businesses through messages': Report

In the ever-evolving communication landscape, more than 70% of Indians prefer to message businesses rather than sending an email, calling or visiting their website, a new report said on Friday. Nearly 75% Indians surveyed said they are more likely to do business with/purchase from a company that they can contact via messaging. https://ift.tt/BohyfD6

Interview with Elon Musk: it is "vaguely therapeutic" to "play the fool on Twitter", Truth Social is a right-wing echo chamber that can be called Trumpet, more (Roula Khalaf/Financial Times)

Roula Khalaf / Financial Times:
Interview with Elon Musk: it is “vaguely therapeutic” to “play the fool on Twitter”, Truth Social is a right-wing echo chamber that can be called Trumpet, more  —  Dinner with Elon Musk begins with a drive in a Tesla.  I am seated in the back, next to X, the billionaire's two-and-a-half-year-old son.



Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; "majority" of BNB are in the hacker's wallet, ~$100M worth were "unrecovered" (Elizabeth Howcroft/Reuters)

Elizabeth Howcroft / Reuters:
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”  —  Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain …



Meta warns 1M Facebook users that their account info may have been stolen by 400+ apps, often via a "Login with Facebook" button, on App Store and Google Play (Karissa Bell/Engadget)

Karissa Bell / Engadget:
Meta warns 1M Facebook users that their account info may have been stolen by 400+ apps, often via a “Login with Facebook” button, on App Store and Google Play  —  Meta is warning 1 million Facebook users that their account information may have been compromised by third-party apps from Apple or Google's stores.



Crypto hack: Attackers steal $570 million from Binance-linked blockchain

Blockchain bridges are tools used to transfer cryptocurrencies between different applications. Criminals have increasingly targeted them, with some $2 billion stolen in 13 different hacks, mostly this year, researcher Chainalysis said in August. https://ift.tt/1tvOG8K

Microsoft: '27% of Indian SMBs are all or mostly cloud-based'

Almost 35 per cent of small and medium businesses (SMBs) in India are spending over 10 per cent of their revenue on technology (in comparison to global counterparts) and 26 per cent of SMBs are early adopters of new technologies, a Microsoft report said. https://ift.tt/O1vRsNI

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 (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch:
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 (Francisco Pires/Tom's Hardware)

Francisco Pires / Tom's Hardware:
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 …



Thursday, October 6, 2022

Twitter makes notes on tweets from its crowdsourced fact-checking program Birdwatch visible to all US users (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch:
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 (Cristiano Lima/Washington Post)

Cristiano Lima / Washington Post:
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 (Nikkei Asia)

Nikkei Asia:
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 (Gené Teare/Crunchbase News)

Gené Teare / Crunchbase News:
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 (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
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 (Bloomberg)

Bloomberg:
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.



Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...