Month: August 2021

One Wood Ring To Rule Them All

[Olivier Gomis] did not have access to the fires of Mount Doom to forge a large replica of the One Ring, so he had to settle for patience, maple, and a wood lathe. It does have the added convenience of not needing to fire to expose its true nature, just angry pixies from a wall

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Verizon and Microsoft announce private edge compute solution that will leverage Verizon’s 5G Edge and Azure Stack Edge to offer low-latency for business apps (Gina Narcisi/CRN)

Gina Narcisi / CRN: Verizon and Microsoft announce private edge compute solution that will leverage Verizon’s 5G Edge and Azure Stack Edge to offer low-latency for business apps  —  The two companies debuted Verizon 5G Edge with Microsoft Azure Stack Edge, on-premises, private edge compute solution for enterprises …

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Sources: Intuit is in talks to buy Mailchimp for more than $10B; Mailchimp has also considered offering a minority stake and another buyer could still emerge (Bloomberg)

Bloomberg: Sources: Intuit is in talks to buy Mailchimp for more than $10B; Mailchimp has also considered offering a minority stake and another buyer could still emerge  —  Intuit Inc., the software company that owns TurboTax, is in talks to buy email marketing startup Mailchimp for more than $10 billion …

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Facebook says it accidentally removed thousands of posts around the Jan. 6 riots from Crowdtangle, blaming a now fixed error that has existed since at least May (Mark Scott/Politico)

Mark Scott / Politico: Facebook says it accidentally removed thousands of posts around the Jan. 6 riots from Crowdtangle, blaming a now fixed error that has existed since at least May  —  The social media company said it was a technical error, and has been fixed, but tens of thousands of posts are still missing.

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Apple pledges another small but welcome sum to racial justice

Illustration by Grayson Blackmon / The Verge Apple has pledged another $30 million to racial justice, on top of the $100 million it promised last year in the wake of George Floyd’s death. It includes funding for a wide array of causes, including a Global Hispanic-Serving Institution (HSI) Equity Innovation Hub at California State University

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Checkr, whose tech for employment background checks is used by Uber, Airbnb, and others, raises a $250M round led by Durable Capital at a $4.6B valuation (Bloomberg)

Bloomberg: Checkr, whose tech for employment background checks is used by Uber, Airbnb, and others, raises a $250M round led by Durable Capital at a $4.6B valuation  —  Checkr, a technology platform for employment background checks, has raised $250 million in a financing round that more than doubles its valuation from earlier this year.

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135+ subreddits have gone private in protest of Reddit’s refusal to ban communities that spread misinformation about the COVID pandemic and vaccines (Jon Brodkin/Ars Technica)

Jon Brodkin / Ars Technica: 135+ subreddits have gone private in protest of Reddit’s refusal to ban communities that spread misinformation about the COVID pandemic and vaccines  —  PokemonGo, Futurology among big subreddits going private until Reddit takes action.  —  Over 135 subreddits have gone dark this week …

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FTX acquires US-regulated crypto derivatives exchange LedgerX for an undisclosed sum, to expand its futures and options products in the US (Vildana Hajric/Bloomberg)

Vildana Hajric / Bloomberg: FTX acquires US-regulated crypto derivatives exchange LedgerX for an undisclosed sum, to expand its futures and options products in the US  —  – Strategy is to offer array of assets in regulated markets  — Majority of global crypto volume trades through derivatives

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Roundup of 180+ companies that launched at YC’s Summer 2021 Demo Day 1, including food delivery, investment, edtech, AI, and payment startups (TechCrunch)

TechCrunch: Roundup of 180+ companies that launched at YC’s Summer 2021 Demo Day 1, including food delivery, investment, edtech, AI, and payment startups  —  Today Y Combinator kicked off the Demo Day cycle for its Summer 2021 cohort.  The collection of early-stage startups on day one-of-two alone numbered …

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CrowdStrike beats in Q2 with revenue of $337.7M, up 70% YoY; ARR rose 70% YoY to $1.34B, subscription revenue was $315.8M, up 71% YoY, net new subs grew 81% YoY (Stephanie Condon/ZDNet)

Stephanie Condon / ZDNet: CrowdStrike beats in Q2 with revenue of $337.7M, up 70% YoY; ARR rose 70% YoY to $1.34B, subscription revenue was $315.8M, up 71% YoY, net new subs grew 81% YoY  —  Subscription revenue was up 71% while the cybersecurity company saw its total number of subscription customers grow by 81%

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Source: Apple’s upcoming Watch is suffering production snags as manufacturers adjust to a new design, likely leading to supply constraints or shipment delays (Bloomberg)

Bloomberg: Source: Apple’s upcoming Watch is suffering production snags as manufacturers adjust to a new design, likely leading to supply constraints or shipment delays  —  – Revamped device has a larger screen and other new features  — Wearables category has been one of fastest-growing for Apple

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Tribe and Arkam back Jar app to help millions in India start their savings journey

Even as hundreds of millions of people in India have a bank account, only a tiny fraction of this population invests in any financial instrument. Fewer than 30 million people invest in mutual funds or stocks, for instance. In recent years, a handful of startups have made it easier for users — especially the millennials

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Retailer leak suggests Google’s Pixel 6 will have 23W wireless charging

Image: Google Google may be working on a new wireless charging stand for its Pixel phones, according to a leaked image of a retail inventory backend mentioning a “Google Pixel 23W WL Stand” published by Android Police. The name suggests the charger could support 23W wireless charging, and if Google does end up releasing this

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Olsam raises $165M to buy up and scale consumer and B2B Amazon Marketplace sellers

On the heels of Heroes announcing a $200 million raise earlier today, to double down on buying and scaling third-party Amazon Marketplace sellers, another startup out of London aiming to do the same is announcing some significant funding of its own. Olsam, a roll-up play that is buying up both consumer and B2B merchants selling

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3D Printing Your Own Sturdy Lens Caps

Lens caps are important for protecting expensive camera lenses from damage. Dust, grit, and other nasty things will all quickly spoil the quality of a shot, and can even permanently damage a lens if you’re unlucky. However, lens caps are also lost quite easily. Thus, it’s useful to be able to make your own, and

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Syndicate, a decentralized investing platform that wants to make it easier for users to create DAOs, raises $20M Series A led by Andreessen Horowitz (Dan Primack/Axios)

Dan Primack / Axios: Syndicate, a decentralized investing platform that wants to make it easier for users to create DAOs, raises $20M Series A led by Andreessen Horowitz  —  Syndicate, a decentralized investing platform, raised $20 million in Series A funding led by Andreessen Horowitz.

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Our favorite startups from YC’s Summer 21 Demo Day, Part 1

Y Combinator kicked off its fourth-ever virtual Demo Day today, revealing the first half of its nearly 400-company batch. The presentation, YC’s biggest yet, offers a snapshot into where innovation is heading, from not-so-simple seaweed to a Clearco for creators. The TechCrunch team stuck to its tradition of covering every single company live (but, you

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Streamers organize #ADayOffTwitch walkout to bring awareness to the recent increase of “hate raids”, and say Twitch isn’t taking the issue seriously enough (Ash Parrish/The Verge)

Ash Parrish / The Verge: Streamers organize #ADayOffTwitch walkout to bring awareness to the recent increase of “hate raids”, and say Twitch isn’t taking the issue seriously enough  —  On Wednesday, September 1st, a number of channels on Twitch will go dark as streamers participate in #ADayOffTwitch …

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Sanas aims to convert one accent to another in real time for smoother customer service calls

In the customer service industry, your accent dictates many aspects of your job. It shouldn’t be the case that there’s a “better” or “worse” accent, but in today’s global economy (though who knows about tomorrow’s) it’s valuable to sound American or British. While many undergo accent neutralization training, Sanas is a startup with another approach

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