Saturday, March 22, 2025

Filings review: Builder.ai, which raised $450M from Microsoft and others, used an auditor with links to founder Sachin Duggal; Duggal resigned as CEO last month (Financial Times)

Financial Times:
Filings review: Builder.ai, which raised $450M from Microsoft and others, used an auditor with links to founder Sachin Duggal; Duggal resigned as CEO last month  —  Findings related to one of UK's best-funded tech start-ups raises alarm with corporate governance experts



X suspends several accounts belonging to opposition figures in Turkey, amid extensive protests sparked by the arrest of President Erdogan's main political rival (Eliza Gkritsi/Politico)

Eliza Gkritsi / Politico:
X suspends several accounts belonging to opposition figures in Turkey, amid extensive protests sparked by the arrest of President Erdogan's main political rival  —  Suspensions affect accounts spreading information about the widespread demonstrations.  —  Elon Musk's social media platform X …



An interview with Affirm co-founder Max Levchin on hitting profitability, international expansion, building an "Affirm mafia", DOGE, friendship with Musk, more (Andrew Edgecliffe-Johnson/Semafor)

Andrew Edgecliffe-Johnson / Semafor:
An interview with Affirm co-founder Max Levchin on hitting profitability, international expansion, building an “Affirm mafia”, DOGE, friendship with Musk, more  —  This article first appeared in The CEO Signal.  Request an invitation.  —  THE SIGNAL INTERVIEW



A profile of Jed McCaleb, the billionaire who was behind Mt. Gox and XRP, as his aerospace startup Vast looks to build a private space station with SpaceX (Bloomberg)

Bloomberg:
A profile of Jed McCaleb, the billionaire who was behind Mt. Gox and XRP, as his aerospace startup Vast looks to build a private space station with SpaceX  —  Crafting and launching a space station that can keep humans alive comfortably in orbit is no easy feat.  —  Jed McCaleb made a fortune in cryptocurrency.



Friday, March 21, 2025

Report: North Korea is launching a new cybersecurity research unit called Research Center 227 focused on AI-based hacking and stealing digital assets (Lorenzo Franceschi-Bicchierai/TechCrunch)

Lorenzo Franceschi-Bicchierai / TechCrunch:
Report: North Korea is launching a new cybersecurity research unit called Research Center 227 focused on AI-based hacking and stealing digital assets  —  The North Korean government is reportedly establishing a new hacking group within the intelligence agency Reconnaissance General Bureau (RGB).



Micron Q2: revenue up 38% YoY to $8.05B vs. $7.89B est., net income up 99% to $1.58B, says data center revenue tripled, offers better-than-expected Q3 guidance (Ashley Capoot/CNBC)

Ashley Capoot / CNBC:
Micron Q2: revenue up 38% YoY to $8.05B vs. $7.89B est., net income up 99% to $1.58B, says data center revenue tripled, offers better-than-expected Q3 guidance  —  Micron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts' estimates …



A profile of Wiz CEO Assaf Rappaport, who served in Israel's elite cyber intelligence unit 8200; sources say Wiz was on track to surpass $1B of ARR in 2025 (Financial Times)

Financial Times:
A profile of Wiz CEO Assaf Rappaport, who served in Israel's elite cyber intelligence unit 8200; sources say Wiz was on track to surpass $1B of ARR in 2025  —  Cybersecurity start-up's fast-moving CEO agrees higher sale price after turning down Alphabet's $23bn offer last summer



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 ...