Saturday, July 17, 2021

WhatsApp is testing encrypted cloud backups on Android (Richard Lawler/The Verge)

Richard Lawler / The Verge:
WhatsApp is testing encrypted cloud backups on Android  —  Read the fine print before you switch it on  —  When you're using WhatsApp your messages are encrypted end-to-end, which means prying eyes can't easily see what's in them as they travel back and forth.



TurboTax creator Intuit will leave the IRS Free File Program, which drew scrutiny in recent years after an investigation found Intuit hid free-filing options (Bloomberg Law)

Bloomberg Law:
TurboTax creator Intuit will leave the IRS Free File Program, which drew scrutiny in recent years after an investigation found Intuit hid free-filing options  —  Intuit Inc., the maker of TurboTax, is leaving an IRS program that offers millions of Americans the ability to file their taxes for free.



ByteDance's Toutiao ordered by China to halt new registrations since September

The halt on new registrations had not been previously reported. Some content creators have said on social media that they couldn't register for new accounts on Toutiao. https://ift.tt/2Uga3r4

How decision-making by Masayoshi Son, who estimated WeWork would be worth $10T by 2028 and wanted Adam Neumann to be "crazier", led to WeWork's implosion (Wall Street Journal)

Wall Street Journal:
How decision-making by Masayoshi Son, who estimated WeWork would be worth $10T by 2028 and wanted Adam Neumann to be “crazier”, led to WeWork's implosion  —  Adam Neumann and Masayoshi Son pushed WeWork to new heights as they challenged each other to think big and bet billions.



US startups led by Black women raised ~$494M so far in 2021, surpassing the $484M raised in all of 2020 but just 0.34% of the total US venture funding in 2021 (Sophia Kunthara/Crunchbase News)

Sophia Kunthara / Crunchbase News:
US startups led by Black women raised ~$494M so far in 2021, surpassing the $484M raised in all of 2020 but just 0.34% of the total US venture funding in 2021  —  Editor's note: This article is part of Something Ventured, an ongoing series by Crunchbase News examining diversity and access …



Waystar, which makes healthcare revenue cycle management software, buys Patientco, which provides patient billing and payments software, sources say for $450M+ (Michelle F Davis/Bloomberg)

Michelle F Davis / Bloomberg:
Waystar, which makes healthcare revenue cycle management software, buys Patientco, which provides patient billing and payments software, sources say for $450M+  —  - Patientco is said to be valued at more than $450 million  — Waystar CEO aims to provide more ‘consumer-like experience’



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...