Month: September 2021

Provi, an online marketplace that lets bars and restaurants order beverages from distributors in one central location, raises $75M Series C at a $750M valuation (Jim Dallke/Chicago Business Journal)

Jim Dallke / Chicago Business Journal: Provi, an online marketplace that lets bars and restaurants order beverages from distributors in one central location, raises $75M Series C at a $750M valuation  —  Provi raised $100M over two rounds this year to help bars and restaurants order booze  —  A Chicago startup that helps restaurants …

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Pager, a virtual healthcare platform for helping patients from initial triage to follow-up care, raises $70M Series C, as a mix of equity and debt (AlleyWatch)

AlleyWatch: Pager, a virtual healthcare platform for helping patients from initial triage to follow-up care, raises $70M Series C, as a mix of equity and debt  —  The pandemic has defined the future of virtual healthcare as the importance of providing unfettered access to essential healthcare services grew dramatically …

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Lithuanian government recommends ditching Chinese phones after finding Xiaomi devices with censorship capabilities that can be activated remotely (Andrius Sytas/Reuters)

Andrius Sytas / Reuters: Lithuanian government recommends ditching Chinese phones after finding Xiaomi devices with censorship capabilities that can be activated remotely  —  Lithuania’s Defense Ministry recommended that consumers avoid buying Chinese mobile phones and advised people to throw away the ones …

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Blizzard’s chief legal officer Claire Hart leaves Activision Blizzard amid a series of high-level departures (Ari Notis/Kotaku)

Ari Notis / Kotaku: Blizzard’s chief legal officer Claire Hart leaves Activision Blizzard amid a series of high-level departures  —  Claire Hart, who had been the company’s top lawyer for three years, resigned Friday  —  Blizzard Entertainment’s chief legal officer, Claire Hart, has resigned from the embattled company.

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SEC’s Gary Gensler says stablecoins are a risk to consumers, like “poker chips at the casino”, and equates crypto boom to “wildcat banking” in the 1830s (Tory Newmyer/Washington Post)

Tory Newmyer / Washington Post: SEC’s Gary Gensler says stablecoins are a risk to consumers, like “poker chips at the casino”, and equates crypto boom to “wildcat banking” in the 1830s  —  The top Wall Street regulator described the digital assets frequently pegged to the U.S. dollar as a danger to consumers

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Blockdaemon, which offers blockchain staking infrastructure, raises $155M Series B led by SoftBank Vision Fund 2 at a $1.26B valuation (James Rubin/CoinDesk)

James Rubin / CoinDesk: Blockdaemon, which offers blockchain staking infrastructure, raises $155M Series B led by SoftBank Vision Fund 2 at a $1.26B valuation  —  Blockdaemon has raised $155 million in a Series B capital round at a valuation of $1.3 billion, the provider of blockchain staking infrastructure said Tuesday.

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Shareholders allege Facebook conditioned its $5B Cambridge Analytica settlement on the FTC dropping plans to sue and depose Zuckerberg (Leah Nylen/Politico)

Leah Nylen / Politico: Shareholders allege Facebook conditioned its $5B Cambridge Analytica settlement on the FTC dropping plans to sue and depose Zuckerberg  —  The company allegedly agreed to overpay on the original $106 million penalty so its CEO and COO could avoid deposition and personal liability.

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Twitch and NMPA reach deal after tensions over takedown notices; sources: deal doesn’t include music licenses, and Twitch will issue warnings before suspensions (Tatiana Cirisano/Billboard)

Tatiana Cirisano / Billboard: Twitch and NMPA reach deal after tensions over takedown notices; sources: deal doesn’t include music licenses, and Twitch will issue warnings before suspensions  —  Twitch and the National Music Publishers’ Association (NMPA) have reached a long-awaited agreement focused on building …

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Adobe Q3: record revenue of $3.94B, up 22% YoY, Digital Media revenue of $2.87B, up 23% YoY, but ARR figures barely exceed estimates; stock down ~4% after hours (Wallace Witkowski/MarketWatch)

Wallace Witkowski / MarketWatch: Adobe Q3: record revenue of $3.94B, up 22% YoY, Digital Media revenue of $2.87B, up 23% YoY, but ARR figures barely exceed estimates; stock down ~4% after hours  —  Earnings, outlook easily top consensus as record revenue reported  —  Adobe Inc. shares declined in the extended session Tuesday …

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macOS is susceptible to running arbitrary code when a user opens a malicious .inetloc file, and Apple’s first attempt to silently fix the issue failed (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer: macOS is susceptible to running arbitrary code when a user opens a malicious .inetloc file, and Apple’s first attempt to silently fix the issue failed  —  Security researchers disclosed today a new vulnerability in Apple’s macOS Finder, which makes it possible for attackers to run arbitrary commands …

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