Author: uzair

Financial Times:Stripe raises $600M from Sequoia Capital and others at a valuation of $95B, becoming the most valuable private company in Silicon ValleyPayments provider becomes Silicon Valley’s most valuable private companyStripe has become the most valuable private company Silicon Valley has produced Click here to read full news..

Kevin McLaughlin / The Information:Source: Aviatrix, a provider of multi-cloud native networking software, raises $75M Series D led by General Catalyst, valuing the startup at $700M+A startup that helps companies avoid networking foul-ups when they run applications in the cloud is grabbing attention from investors. Click here to read full news..

Lauren Kaori Gurley / VICE:Leaked video shows Apple SVP of Retail + People Deirdre O’Brien telling employees that joining a union could hinder Apple’s ability to improve workers’ jobsIn an internal video circulated among Apple’s 58,000 retail employees, Apple’s vice-president of retail suggested that a union Click here to read full news..

Jos Adorno / 9to5Mac:A German security researcher claims he was able to break into the microcontroller of Apple’s AirTag, allowing him to modify its NFC URLThe Apple AirTag has been released almost ten days ago. Since then, we have seen a user rebuilding an AirTag as a thinner card that fits into wallets Click here to read full news..

Google co-founder Sergey Brin is the ninth-richest person in the worldand he loves airships. Now new details have emerged about Brin’s secretive airship company, LTA Research and Exploration (which stands for “Lighter Than Air”). SFGate reports:Although back in 2017 the word on the street was that Brin intended the aircraft to serve at least in part as a luxurious “air yacht” for his family and friends, the LTA website states only humanitarian goals: “LTA airships will have the ability to complementand even speed uphumanitarian disaster response and relief efforts, especially in remote areas that cannot be easily accessed by plane…

Miriam Gottfried / Wall Street Journal:Sources: Chicago-based Relativity, which law firms use to sift through data during discovery, gets an investment from Silver Lake valuing the company at $3.6BThe deal values Relativity at about $3.6 billion and will make Silver Lake its largest shareholder Click here to read full news..

Hamish McKenzie / Substack Blog:Substack raises $65M Series B led by Andreessen HorowitzWhen we started Substack to build an alternative media economy that unlocks the full potential of the internet and gives more power to writers and readers, we didn’t know if the model would work. A lot of people told us that no one would pay for newsletters. Click here to read full news..

Tim Wu coined the phrase “net neutrality”. He’s the author of The Curse of Bigness: Antitrust in the New Gilded Age , and Bloomberg calls him an “outspoken advocate for aggressive antitrust enforcement against U.S. technology giants.” They add that now the Columbia University media law professor “is joining the White House an adviser, signaling that the Biden administration is preparing to square off against the industry’s biggest companies.”Wu will join the National Economic Council as a special assistant on technology and competition policy, the White House said Friday. Wu’s appointment elevates to a senior position in the administration a…

Patrick Howell O’Neill / MIT Technology Review:A look at Positive Technologies, a Russian cybersecurity firm sanctioned by the US, which sources say provides hacking tools and ops support for Russian spiesWashington has sanctioned Russian cybersecurity firm Positive Technologies. US intelligence reports claim it provides hacking tools and runs operations for the Kremlin. Click here to read full news..

Kirsten Korosec / TechCrunch:Anthony Levandowski closed his AI-focused church, Way of The Future, in 2020 and donated the church’s ~$175K funds to the NAACP Legal Defense and Education FundWay of the Future’s funds donated to NAACPThe first church of artificial intelligence has shut its conceptual doors. Click here to read full news..