What $10M in daily thefts tells us about crypto security

If you're among the growing number of people interested in cryptocurrencies, you may be interested to know that nearly 7,000 people lost more than $80 million between October 2020 and March 2021 — a 1,000% increase from a year ago, according to the Federal Trade Commission. The scams incl

Facebook doubles down on business tools with WhatsApp API updates, Login Connect for Messenger and more

WhatsApp now has more than 2 billion users globally, and by comparison its efforts to cultivate more business usage have been quite modest: just over 175 million people message with WhatsApp Business accounts daily for things like customer support or to discuss products. Today, as part of its F8 ev

Archer Aviation pushes for dismissal of Wisk trade secret suit

Archer Aviation hit back against allegations that it misappropriated trade secrets and infringed on patents from electric aircraft rival Wisk Aero, telling a court this week that it designed its Maker aircraft with a third-party eVTOL consultant prior to any former Wisk employees joining the compan

Etsy asks, ‘How do you do, fellow kids?’ with $1.6B Depop purchase

The news this morning that e-commerce marketplace Etsy will buy Depop, a startup that provides a secondhand e-commerce marketplace, for more than $1.6 billion may not have made a large impact on the acquiring company’s share price thus far, but it provides a fascinating look into what brands

Stack Overflow acquired by Prosus for $1.8 billion

The legendary Q&A website for programmers (and probably one of the most copy-and-pasted sites on the internet) Stack Overflow is being acquired. The Wall Street Journal is reporting that Prosus (the primary shareholder of Chinese gaming mega co/WeChat developer, Tencent) will acquire Stack Over

Apple’s App Store facilitated $643 billion in commerce, up 24% from last year

In its antitrust trial with Epic Games, which has just adjourned, Apple argued it doesn’t evaluate its App Store profit and loss as a standalone business. But today, the company put out new figures that indicate it does have a good understanding of the money that flows through its app marketp

Facebook to launch a ‘Researcher API’ for the academic community

Facebook said it’s preparing to launch a new application programming interface (API) designed specifically for access by the research community. The API was announced during Facebook’s F8 developer conference today, and is meant to address issues that arose from changes made to Facebook

Just one more week to go until TC Sessions: Mobility 2021

Seven days, 168 hours or 10,080 minutes — no matter how you count it, there's just one week left until the global mobility tech community gathers on June 9 for TC Sessions: Mobility 2021. If you're one of the brilliant minds focused on changing the future of transportation, grab your pass

GitLab acquires UnReview as it looks to bring more ML tools to its platform

DevOps platform GitLab today announced that it has acquired UnReview, a machine learning-based tool that helps software teams recommend the best reviewers for when developers want to check in their latest code. GitLab, which is looking to bring more of these machine learning capabities to its platf

Iterative raises $20M for its MLOps platform

Iterative, an open-source startup that is building an enterprise AI platform to help companies operationalize their models, today announced that it has raised a $20 million Series A round led by 468 Capital and Mesosphere co-founder Florian Leibert. Previous investors True Ventures and Afore Capi

Facebook opens its Messenger API for Instagram to all

F8 Refresh, Facebook’s annual developer conference with a new twist — it’s more pared down than in years past, and virtual — is going to be kicking off later today, and ahead of that Facebook is unveiling some news: all businesses can now use the Messenger API to interact wi

Dear Sophie: How does International Entrepreneur Parole work for startup founder immigration?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

SpaceX will launch four private astronaut missions to the Space Station through 2023

SpaceX is going to be providing more rides to the International Space Station for private astronauts, on top of the previously announced mission set to take place as early as next January. All four of these flights will be for Axiom, a private commercial spaceflight and space station company, and t

Faction raises $4.3M to deploy 3-wheeled EVs for driverless delivery

Faction Technology founder and CEO Ain McKendrick didn’t have the $1 billion or the time that a typical automotive program might need to design and manufacture an EV that could be used for driverless delivery. So, he turned to power sports to fulfill his vision of a micro-logistics service th