Journals

Aleksandra Sagan / The Logic: Sources: Shopify salespeople engaged in a sales fraud scheme inflating deal values for over a year, leading to internal investigations in mid-2024 and firings  —  Shopify salespeople were inflating the value of the deals they… Read More »Sources: Shopify salespeople engaged in a sales fraud scheme inflating deal values for over a year, leading to internal investigations in mid-2024 and firings (Aleksandra Sagan/The Logic)

John Reynolds / Tech.eu: Dutch online grocery store Picnic raised €430M from The Bill and Melinda Gates Foundation Trust and others, after raising €355M in January 2024  —  Picnic says it’s using the bulk of the funds to beef up… Read More »Dutch online grocery store Picnic raised €430M from The Bill and Melinda Gates Foundation Trust and others, after raising €355M in January 2024 (John Reynolds/Tech.eu)

Eric Revell / Fox Business: AWS announces a commitment to invest up to $50B to build AI and HPC infrastructure for the US government, starting in 2026 and adding nearly 1.3 GW of capacity  —  AWS CEO says investment will… Read More »AWS announces a commitment to invest up to $50B to build AI and HPC infrastructure for the US government, starting in 2026 and adding nearly 1.3 GW of capacity (Eric Revell/Fox Business)

Stevie Bonifield / The Verge: Sam Altman and Jony Ive say they have settled on a design for OpenAI’s device, speaking to Laurene Powell Jobs; Ive says it could debut in “less than” two years  —  OpenAI’s first piece of… Read More »Sam Altman and Jony Ive say they have settled on a design for OpenAI’s device, speaking to Laurene Powell Jobs; Ive says it could debut in “less than” two years (Stevie Bonifield/The Verge)

Loren Grush / Bloomberg: Amazon begins previewing its Amazon Leo satellite internet system for a select group of customers, ahead of a wider public rollout planned for 2026  —  Amazon Leo, the recently rebranded satellite-internet system meant to rival SpaceX’s… Read More »Amazon begins previewing its Amazon Leo satellite internet system for a select group of customers, ahead of a wider public rollout planned for 2026 (Loren Grush/Bloomberg)

Lily Hay Newman / Wired: Amazon unveils its Autonomous Threat Analysis system, born from a 2024 internal hackathon, to use AI agents competing in teams to identify vulnerabilities  —  Born out of an internal hackathon, Amazon’s Autonomous Threat Analysis system… Read More »Amazon unveils its Autonomous Threat Analysis system, born from a 2024 internal hackathon, to use AI agents competing in teams to identify vulnerabilities (Lily Hay Newman/Wired)

Chris Metinko / Axios: NYC-based Opti, an enterprise identity security service that uses AI to analyze user, system, and access relationships, raised a $20M seed led by YL Ventures  —  Opti, an enterprise identity security platform, raised a $20 million… Read More »NYC-based Opti, an enterprise identity security service that uses AI to analyze user, system, and access relationships, raised a $20M seed led by YL Ventures (Chris Metinko/Axios)

Jennifer Surane / Bloomberg: Revolut reaches a $75B valuation in its latest share sale led by Coatue, Greenoaks, and others, up from $45B in 2024, making it Europe’s most valuable startup  —  Revolut Ltd. garnered a $75 billion valuation in… Read More »Revolut reaches a $75B valuation in its latest share sale led by Coatue, Greenoaks, and others, up from $45B in 2024, making it Europe’s most valuable startup (Jennifer Surane/Bloomberg)

Matt Day / Bloomberg: Internal documents: Amazon’s data center operations total 900+ facilities in 50+ countries, including AWS colocation facilities, higher than commonly understood  —  Amazon.com Inc.’s data center operation is much larger than commonly understood, totaling more than 900… Read More »Internal documents: Amazon’s data center operations total 900+ facilities in 50+ countries, including AWS colocation facilities, higher than commonly understood (Matt Day/Bloomberg)

Reuters: Hashrate Index: China’s bitcoin mining market share rebounded to 14% by the end of October, making it the world’s third-largest miner despite China’s 2021 ban  —  – China’s bitcoin mining market share rebounds to 3rd globally, Hashrate Index shows … Read More »Hashrate Index: China’s bitcoin mining market share rebounded to 14% by the end of October, making it the world’s third-largest miner despite China’s 2021 ban (Reuters)