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Singapore-based Endowus, which operates a digital wealth management platform, raised $35M from Citi Ventures, MUFG, and others, taking its total funding to $95M (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch: Singapore-based Endowus, which operates a digital wealth management platform, raised $35M from Citi Ventures, MUFG, and others, taking its total funding to $95M  —  Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps.

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Google changes the name of one of its advertising video formats from “in-stream ads” to “skippable ads”, after a report accused YouTube of misleading buyers (Catherine Perloff/Adweek)

Catherine Perloff / Adweek: Google changes the name of one of its advertising video formats from “in-stream ads” to “skippable ads”, after a report accused YouTube of misleading buyers  —  What was once in-stream ads are now skippable ads  —  Google changed the name of one of its video formats …

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El Salvador grants Binance licenses to offer custodial services, process crypto payments, provide digital wallets, and operate a digital asset exchange (Nivesh Rustgi/Decrypt)

Nivesh Rustgi / Decrypt: El Salvador grants Binance licenses to offer custodial services, process crypto payments, provide digital wallets, and operate a digital asset exchange  —  Today, El Salvador’s central bank and crypto regulator granted Binance a Bitcoin Services Provider License (BSP) and Digital Assets Services Provider license (DASP)

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Verizon will shut down BlueJeans, a business-focused video conferencing app it acquired in 2020, on August 31, 2023, due to “the changing market landscape” (Kyle Bradshaw/9to5Google)

Kyle Bradshaw / 9to5Google: Verizon will shut down BlueJeans, a business-focused video conferencing app it acquired in 2020, on August 31, 2023, due to “the changing market landscape”  —  Did you know Verizon acquired a video conferencing app back in 2020?  It’s fine if you haven’t because Verizon has announced that its …

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Netflix launches a game controller app on the App Store to let users play Netflix games on their TV; the app description says the feature is “coming soon” (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Netflix launches a game controller app on the App Store to let users play Netflix games on their TV; the app description says the feature is “coming soon”  —  After last fall signaling its intentions to expand into cloud gaming, Netflix today launched a new app that will soon allow subscribers

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Lyft reports Q2 revenue up 3% YoY to $1.02B, a net loss of $114.3M, and active riders up 8.2% YoY to 21.49M, its highest levels since the pandemic (Preetika Rana/Wall Street Journal)

Preetika Rana / Wall Street Journal: Lyft reports Q2 revenue up 3% YoY to $1.02B, a net loss of $114.3M, and active riders up 8.2% YoY to 21.49M, its highest levels since the pandemic  —  Ride-share company projects better-than-expected outlook for current quarter  —  Lyft raised its revenue and trimmed its loss last quarter …

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Google debuts Project IDX, an AI-enabled browser-based dev environment that uses Visual Studio Code Open Source and integrates with Google’s PaLM 2-based Codey (Frederic Lardinois/TechCrunch)

Frederic Lardinois / TechCrunch: Google debuts Project IDX, an AI-enabled browser-based dev environment that uses Visual Studio Code Open Source and integrates with Google’s PaLM 2-based Codey  —  Google today announced the launch of Project IDX, its foray into offering an AI-enabled browser-based development environment …

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Data management company Rubrik acquires Laminar, which helps companies manage public cloud data security, sources say for around $200M to $250M (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: Data management company Rubrik acquires Laminar, which helps companies manage public cloud data security, sources say for around $200M to $250M  —  Cybersecurity startups, in particular those hatched in Israel, have been getting scooped up a rapid pace by larger tech companies looking to bolt …

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The UK Electoral Commission reports a hack by “hostile actors” starting in August 2021 and identified in October 2022; the full scope isn’t “conclusively” known (The Guardian)

The Guardian: The UK Electoral Commission reports a hack by “hostile actors” starting in August 2021 and identified in October 2022; the full scope isn’t “conclusively” known  —  Elections watchdog says it is unable to say conclusively what information was accessed in cyber-attack

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ChargePoint is spending millions to boost station reliability to ‘nearly 100 percent’

One of ChargePoint’s EV chargers. | Image: Getty ChargePoint, which bills itself as the world’s “largest and most open” charging network for electric vehicles, is announcing a series of new initiatives to improve the reliability of its 245,000-strong network of chargers. “We expect these multimillion dollar investments to deliver network reliability of nearly 100 percent

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Source: Apple, Samsung, Nvidia, and Intel plan to invest in Arm’s US IPO as soon as shares are listed in September; SoftBank owns 75% of Arm and Vision Fund 25% (Nikkei Asia)

Nikkei Asia: Source: Apple, Samsung, Nvidia, and Intel plan to invest in Arm’s US IPO as soon as shares are listed in September; SoftBank owns 75% of Arm and Vision Fund 25%  —  SoftBank chip design unit to debut on Nasdaq, market cap seen topping $60bn  —  SoftBank Group plans to list shares in its

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TSMC agrees to build a €10B plant in Germany’s Dresden, owning 70% of the facility with Infineon, NXP, and Bosch each holding 10% stake, set to open in 2027 (Debby Wu/Bloomberg)

Debby Wu / Bloomberg: TSMC agrees to build a €10B plant in Germany’s Dresden, owning 70% of the facility with Infineon, NXP, and Bosch each holding 10% stake, set to open in 2027  —  The planned fab will be 70% owned by TSMC, which will operate the facility in the city of Dresden, with Infineon

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