News

Duncan Riley / SiliconANGLE: Boston-based CyberSaint, which helps enterprises assess, measure, remediate, and communicate their cyber risk posture, raised a $21M Series A led by Riverside  —  Cyber risk management startup CyberSaint Inc. today announced that it has raised $21… Read More »Boston-based CyberSaint, which helps enterprises assess, measure, remediate, and communicate their cyber risk posture, raised a $21M Series A led by Riverside (Duncan Riley/SiliconANGLE)

Sebastian Herrera / Wall Street Journal: Sources: Temu and Shein have supplanted Walmart and Target as focal points in internal Amazon meetings related to retail, as Amazon explores new promo campaigns  —  The e-commerce companies with Chinese roots have, for… Read More »Sources: Temu and Shein have supplanted Walmart and Target as focal points in internal Amazon meetings related to retail, as Amazon explores new promo campaigns (Sebastian Herrera/Wall Street Journal)

Ashley Gold / Axios: After a classified briefing on TikTok, the Senate Commerce Committee Chair Maria Cantwell says “the next steps might be something more public, like a hearing”  —  – But Senate Majority Leader Chuck Schumer has not committed… Read More »After a classified briefing on TikTok, the Senate Commerce Committee Chair Maria Cantwell says “the next steps might be something more public, like a hearing” (Ashley Gold/Axios)

David Gilbert / Wired: X suspended accounts of some journalists and researchers who posted the alleged real name of neo-Nazi cartoonist Stonetoss after Stonetoss appealed to Elon Musk  —  Researchers and journalists have been blocked on X from sharing the… Read More »X suspended accounts of some journalists and researchers who posted the alleged real name of neo-Nazi cartoonist Stonetoss after Stonetoss appealed to Elon Musk (David Gilbert/Wired)

Krisztian Sandor / CoinDesk: BlackRock unveils its first tokenized asset fund, BUIDL, built on the Ethereum network and fully backed by cash, US Treasury bills, and repurchase agreements  —  The asset management giant also made a strategic investment in asset… Read More »BlackRock unveils its first tokenized asset fund, BUIDL, built on the Ethereum network and fully backed by cash, US Treasury bills, and repurchase agreements (Krisztian Sandor/CoinDesk)

NBC News: Sources: after more than six months, the FBI has resumed limited outreach to some US tech companies about foreign propagandists using their platforms  —  The agency put the briefings on pause amid lawsuits and government scrutiny.  —  The… Read More »Sources: after more than six months, the FBI has resumed limited outreach to some US tech companies about foreign propagandists using their platforms (NBC News)

Natasha Lomas / TechCrunch: Bengaluru-based smart ring maker Ultrahuman raised a $35M Series B, with $25M in equity and the rest in debt, from Blume, Steadview Capital, Nexus, and others  —  India’s Ultrahuman is prepping for a growth tear.  Today… Read More »Bengaluru-based smart ring maker Ultrahuman raised a $35M Series B, with $25M in equity and the rest in debt, from Blume, Steadview Capital, Nexus, and others (Natasha Lomas/TechCrunch)

Bloomberg: A UK jury finds Jian Wen guilty of laundering bitcoin for a Chinese fugitive allegedly behind a ~$6B fraud in China; police had seized BTC worth $2.2B+ in 2018  —  – Jury finds Jian Wen guilty on one count… Read More »A UK jury finds Jian Wen guilty of laundering bitcoin for a Chinese fugitive allegedly behind a ~$6B fraud in China; police had seized BTC worth $2.2B+ in 2018 (Bloomberg)

Emily Mullin / Wired: Neuralink shows its first brain implant patient, a 29-year-old man paralyzed from the shoulders down, play online chess using the Neuralink device  —  In a livestream on X, the paralyzed 29-year-old man used his Neuralink brain… Read More »Neuralink shows its first brain implant patient, a 29-year-old man paralyzed from the shoulders down, play online chess using the Neuralink device (Emily Mullin/Wired)

The Information: Sources: Cohere, which has raised $445M and was seeking new funding at a $6B valuation last year, generated just ~$13M in annualized revenue at the end of 2023  —  The conversational artificial intelligence boom sparked by ChatGPT boosted… Read More »Sources: Cohere, which has raised $445M and was seeking new funding at a $6B valuation last year, generated just ~$13M in annualized revenue at the end of 2023 (The Information)