Wednesday, August 11, 2021

Coinbase amends claims on its website that USDC is backed 1:1 by USD, after Circle disclosed in July that commercial paper and other assets back USDC (Joe Light/Bloomberg)

Joe Light / Bloomberg:
Coinbase amends claims on its website that USDC is backed 1:1 by USD, after Circle disclosed in July that commercial paper and other assets back USDC  —  - Some assets of second-largest stablecoin carry default risk  — Coinbase as late as this month claimed coin is backed by cash



Singapore-headquartered Parcel Perform, which offers shipping logistics tools to e-commerce companies, raises $20M Series A led by Cambridge Capital (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Singapore-headquartered Parcel Perform, which offers shipping logistics tools to e-commerce companies, raises $20M Series A led by Cambridge Capital  —  Singapore-headquartered Parcel Perform, which connects merchants with e-commerce carriers and provides shipment tracking features …



Predictive sales startup People.ai raises $100M from Mubadala Investment and Akkadian Ventures at a $1.1B valuation, up from $400M in 2019 (Bloomberg)

Bloomberg:
Predictive sales startup People.ai raises $100M from Mubadala Investment and Akkadian Ventures at a $1.1B valuation, up from $400M in 2019  —  - Silicon Valley's People.ai valued at $1.1 billion after round  — Mubadala's AlBanna sees ‘multiple winners’ in sales software



Sennheiser IE 300 Audiophile Earphones Review

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Thinking of Buying Cryptocurrency? Here's How You Do It

There are millions of people in India trading in cryptocurrency. If you're interested but haven't done so yourself beacuse you're not confident about it, the good news is that the steps required are... https://ift.tt/3xxxiu8

Facebook open sources Time Card, its PCIe-based timekeeping tool that uses atomic clocks and navigation satellites to keep devices and data centers in sync (Stephen Shankland/CNET)

Stephen Shankland / CNET:
Facebook open sources Time Card, its PCIe-based timekeeping tool that uses atomic clocks and navigation satellites to keep devices and data centers in sync  —  The social network giant gives away its hardware and software designs that can keep data centers humming efficiently.



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; ...