Kate Clark / The Information:
Investor presentation: SVB Capital, which manages $9.5B, invested $234M in Sequoia Capital as of May 2022, $173M in a16z funds in 2018 and 2021, and more — As potential buyers circle the remnants of Silicon Valley Bank and its affiliates, one asset could be particularly appealing: the company's venture capital arm.
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Thursday, March 16, 2023
Investor presentation: SVB Capital, which manages $9.5B, invested $234M in Sequoia Capital as of May 2022, $173M in a16z funds in 2018 and 2021, and more (Kate Clark/The Information)
Sources: five days after seizing SVB, the FDIC has conducted a stop-and-start auction process, failing so far to find a willing buyer for all of SVB's assets (New York Times)
New York Times:
Sources: five days after seizing SVB, the FDIC has conducted a stop-and-start auction process, failing so far to find a willing buyer for all of SVB's assets — Big rivals are thus far shying away from scooping up the bank's assets. — Five days after seizing control of Silicon Valley Bank …
An interview with Dave Winer, who was instrumental in the creation and evolution of RSS, on Google Reader's demise, support for RSS feeds on Mastodon, and more (Thomas Claburn/The Register)
Thomas Claburn / The Register:
An interview with Dave Winer, who was instrumental in the creation and evolution of RSS, on Google Reader's demise, support for RSS feeds on Mastodon, and more — RSS pioneer Dave Winer sees Mastodon as a positive sign — SPECIAL REPORT Ten years ago, on March 13, 2013 …
How to check your bank account balance online on Paytm, Google Pay, and PhonePe
Wednesday, March 15, 2023
How Instagram is making it easier to ‘reshare’ older Reels
Samsung responds to the controversy over moon photography on Galaxy devices, explaining its "Scene Optimizer" feature, "AI deep learning model", and more (Jon Porter/The Verge)
Jon Porter / The Verge:
Samsung responds to the controversy over moon photography on Galaxy devices, explaining its “Scene Optimizer” feature, “AI deep learning model”, and more — The post's content isn't exactly new — it appears to be a lightly edited translation of an article posted …
A profile of Russian national Artem Uss, arrested in Milan under US indictment over a secret supply chain to provide US tech to support Putin's war in Ukraine (Bloomberg)
Bloomberg:
A profile of Russian national Artem Uss, arrested in Milan under US indictment over a secret supply chain to provide US tech to support Putin's war in Ukraine — For years, Artem Uss had appeared in Russian media as the owner of fancy real estate, luxury cars and Italian hotels.
Foxconn reports Q4 revenue down 10% YoY to ~$64.5B and $1.3B net income, slightly below estimates, and forecasts slumping consumer electronics demand in 2023 (Debby Wu/Bloomberg)
Debby Wu / Bloomberg:
Foxconn reports Q4 revenue down 10% YoY to ~$64.5B and $1.3B net income, slightly below estimates, and forecasts slumping consumer electronics demand in 2023 — Hon Hai Precision Industry Co. reported profit that fell just shy of expectations and offered a cautious outlook for this year.
No 'security testing' or 'crackdown' plans for smartphone makers: Government
How one of the biggest worry of laid off H-1B workers may be over
Tuesday, March 14, 2023
Blackstone plans to acquire event management software maker Cvent for $4.6B, or $8.50 per share; Cvent went public via SPAC at a $5.3B valuation in July 2021 (Reuters)
Reuters:
Blackstone plans to acquire event management software maker Cvent for $4.6B, or $8.50 per share; Cvent went public via SPAC at a $5.3B valuation in July 2021 — Buyout firm Blackstone Inc (BX.N) agreed to purchase U.S. software provider Cvent Holding Corp (CVT.O) in a deal valued at $4.6 billion …
Google Meet video zoom-in issue: Here’s how you can fix it
Source: US prosecutors are looking at Telegram group chats between employees at Jump, Jane Street, and Alameda in May 2022 over the collapse of TerraUSD (Bloomberg)
Bloomberg:
Source: US prosecutors are looking at Telegram group chats between employees at Jump, Jane Street, and Alameda in May 2022 over the collapse of TerraUSD — US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group …
A look at the shift to the ATSC 3.0 TV broadcast standard, still not available in many major markets since its 2017 launch, as free streaming TV channels surge (Janko Roettgers/The Verge)
Janko Roettgers / The Verge:
A look at the shift to the ATSC 3.0 TV broadcast standard, still not available in many major markets since its 2017 launch, as free streaming TV channels surge — Antenna television is back. In recent years, millions of cord-cutters have rediscovered antennas as a reliable …
Sources and documents: India plans to force smartphone makers to let users remove pre-loaded apps and will mandate screening OS updates via new security rules (Reuters)
Reuters:
Sources and documents: India plans to force smartphone makers to let users remove pre-loaded apps and will mandate screening OS updates via new security rules — India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system …
Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force that creates boom towns (New York Times)
New York Times : Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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