Wednesday, November 16, 2022

Akeyless, which helps companies manage passwords, certificates, and API keys, raised $65M Series B, comprising $45.5M in equity and $19.5B in debt, led by NGP (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Akeyless, which helps companies manage passwords, certificates, and API keys, raised $65M Series B, comprising $45.5M in equity and $19.5B in debt, led by NGP  —  Back in 2018, Refael Angel, a former security software engineer at Intuit, had an idea for a new approach to protect encryption keys …



DuckDuckGo launches App Tracking Protection in public beta on Android, helping block third-party trackers within apps (Jess Weatherbed/The Verge)

Jess Weatherbed / The Verge:
DuckDuckGo launches App Tracking Protection in public beta on Android, helping block third-party trackers within apps  —  DuckDuckGo's App Tracking Protection is now available for public beta testing on all Android devices after launching in a limited beta almost one year ago.



Genesis' crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected (Nelson Wang/CoinDesk)

Nelson Wang / CoinDesk:
Genesis' crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected  —  The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.



Everything we know about FTX's collapse: losses are likely >$15B, trades became increasingly risky, SBF was erratic, rash, and relied on stimulants, and more (Milky Eggs)

Milky Eggs:
Everything we know about FTX's collapse: losses are likely >$15B, trades became increasingly risky, SBF was erratic, rash, and relied on stimulants, and more  —  If you want to read a poorly researched fluff piece about Sam Bankman-Fried, feel free to go to the New York Times (PDF).



An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022 (Oliver Knight/CoinDesk)

Oliver Knight / CoinDesk:
An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022  —  Terraform Labs founder Do Kwon dismissed similarities with the collapse of FTX.  —  Luna Foundation Guard (LFG) …



German, French, and Norwegian data authorities warn against Qatar's World Cup app Hayya and infection-tracking app Ehteraz, citing privacy and security concerns (Politico)

Politico:
German, French, and Norwegian data authorities warn against Qatar's World Cup app Hayya and infection-tracking app Ehteraz, citing privacy and security concerns  —  Two World Cup apps pose serious privacy and security risks, European privacy regulators say.



Tencent reports Q3 revenue down 2% YoY to ~$19.8B, below ~$20B estimates, and plans to distribute most of its ~$20B Meituan stake to shareholders as a dividend (Josh Ye/Reuters)

Josh Ye / Reuters:
Tencent reports Q3 revenue down 2% YoY to ~$19.8B, below ~$20B estimates, and plans to distribute most of its ~$20B Meituan stake to shareholders as a dividend  —  Tencent Holdings (0700.HK) on Wednesday said it would distribute most of its stake worth $20.3 billion in food delivery firm Meituan …



Tuesday, November 15, 2022

Some local people in Veldhoven, a small town in the Netherlands, worry that critical semiconductor component maker ASML is growing too big, too fast (Bloomberg)

Bloomberg:
Some local people in Veldhoven, a small town in the Netherlands, worry that critical semiconductor component maker ASML is growing too big, too fast  —  This article is part of an occasional series about the New Geography of Technology.  Read earlier installments on Milan, Tel Aviv, Shanghai and Las Vegas.



Memo: Elon Musk tells Twitter staff they can continue to receive stock and options despite the company being private, using a plan "much like that of SpaceX" (Ashley Capoot/CNBC)

Ashley Capoot / CNBC:
Memo: Elon Musk tells Twitter staff they can continue to receive stock and options despite the company being private, using a plan “much like that of SpaceX”  —  - Twitter's new owner Elon Musk told employees Monday they can receive stock and options as part of an …



Samsung Galaxy A14 receives Bluetooth certification, may launch next year

Samsung is all set to launch its latest Galaxy A-series smartphone. Samsung Galaxy A14 5G recently received Bluetooth SIG certification. Various online reports suggest that Samsung Galaxy A14 5G will be the most affordable 5G smartphone of the company. Rumours also suggest that Samsung may launch the smartphone early next year. https://ift.tt/8cR6aiJ

Bankruptcy filings: FTX CEO John J. Ray III appoints new directors, discloses conversations with "dozens" of regulators, and estimates creditors at over 1M (Nikhilesh De/CoinDesk)

Nikhilesh De / CoinDesk:
Bankruptcy filings: FTX CEO John J. Ray III appoints new directors, discloses conversations with “dozens” of regulators, and estimates creditors at over 1M  —  FTX filed its first substantive look at the exchange's bankruptcy process days after declaring bank



Realme 10 Pro series: Here's what we know so far

Realme is all set to unveil the Realme 10 Pro series in China by the end of this week. The series is expected to include the Realme 10 and Realme 10 Pro+ smartphones. The smartphones have been rumoured for quite a while ahead of their official launch date. https://ift.tt/1tnc4Rr

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...