Thursday, October 6, 2022

Global VC funding in Q3 2022 was $81B, down 53% YoY from $171B and 33% QoQ from $121B, the lowest level since $70.6B in Q1 2020 (Gené Teare/Crunchbase News)

Gené Teare / Crunchbase News:
Global VC funding in Q3 2022 was $81B, down 53% YoY from $171B and 33% QoQ from $121B, the lowest level since $70.6B in Q1 2020  —  The big global venture capital pullback we were all expecting is truly here.  —  Venture and growth investors in private companies scaled …



Minnesota-based Arctic Wolf, which offers cybersecurity tools and on-site experts, raised $401M in debt, after raising $150M at a $4.3B valuation in July 2021 (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Minnesota-based Arctic Wolf, which offers cybersecurity tools and on-site experts, raised $401M in debt, after raising $150M at a $4.3B valuation in July 2021  —  In a sign that pure equity financing is getting harder to come by, cybersecurity firm Arctic Wolf, which last July raised $150 million …



Amazon plans to hire 150,000 seasonal workers, the same as in 2021, ahead of the holidays; Walmart plans to hire 40,000, down from 150,000 in 2021 (Bloomberg)

Bloomberg:
Amazon plans to hire 150,000 seasonal workers, the same as in 2021, ahead of the holidays; Walmart plans to hire 40,000, down from 150,000 in 2021  —  Amazon.com Inc. plans to hire 150,000 seasonal workers, about the same as last year despite slowing sales and predictions of a lackluster holiday shopping season.



Altana, which uses AI to find supply chain anomalies and identify potential risks and bad actors, raised a $100M Series B, bringing its total funding to $123M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Altana, which uses AI to find supply chain anomalies and identify potential risks and bad actors, raised a $100M Series B, bringing its total funding to $123M  —  Trade wars, military conflicts, the rise of e-commerce and sustainability concerns are driving changes to supply chain networks and trade flows.



Google Pixel 7 launch event Live Updates: what to expect, Price, Specs, Pre Order and more

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Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...