As startups face potential drops in valuation and VCs wanting lower spending and higher margins, some turn to trimming staff, marketing, and project ambitions (Heather Somerville/Wall Street Journal)
Heather Somerville / Wall Street Journal: As startups face potential drops in valuation and VCs wanting lower spending and higher margins, some turn to trimming staff, marketing, and project ambitions — Funding is suddenly scarce as venture
Linz-based Storyblok, which offers a headless CMS, raises a $47M Series B led by Mubadala Capital and HV Capital, and says ~74K companies use its tools (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch: Linz-based Storyblok, which offers a headless CMS, raises a $47M Series B led by Mubadala Capital and HV Capital, and says ~74K companies use its tools — The world of web development continues
Certora, a provider of security analysis tools for smart contract developers to detect mistakes before deploying code, raises a $36M Series B led by Jump Crypto (Mike Millard/The Block)
Mike Millard / The Block: Certora, a provider of security analysis tools for smart contract developers to detect mistakes before deploying code, raises a $36M Series B led by Jump Crypto — Quick Take — Certora has
Enjoy Technology, which runs mobile retail stores and went public via a SPAC merger in October 2021, says it lacks the cash to operate beyond early June 2022 (Joanna Glasner/Crunchbase News)
Joanna Glasner / Crunchbase News: Enjoy Technology, which runs mobile retail stores and went public via a SPAC merger in October 2021, says it lacks the cash to operate beyond early June 2022 — Enjoy Technology, a
Twitter loses more execs amid Musk’s takeover bid: Twitter Service VP Katrina Lane, head of data science Max Schmeiser, and VP of product management Ilya Brown (Bloomberg)
is losing three more senior employees, including two vice presidents, a reflection of the uncertainty inside … Bloomberg: Twitter loses more execs amid Musk’s takeover bid: Twitter Service VP Katrina Lane, head of data science Max Schmeiser,
Robinhood is working on a second crypto wallet, which will give users sole custody of their private keys, coming in beta this summer and launching later in 2022 (Jon Porter/The Verge)
Jon Porter / The Verge: Robinhood is working on a second crypto wallet, which will give users sole custody of their private keys, coming in beta this summer and launching later in 2022 — Its upcoming wallet
Elon Musk, who wanted to “defeat the spam bots”, is lying when he says bots are why he’s backing away from buying Twitter at $54.20/share, amid stocks’ downturn (Matt Levine/Bloomberg)
Matt Levine / Bloomberg: Elon Musk, who wanted to “defeat the spam bots”, is lying when he says bots are why he’s backing away from buying Twitter at $54.20/share, amid stocks’ downturn — Programming note: Money Stuff
Researchers detail a BLE relay attack to unlock and operate a Tesla outside its BLE range; when told in April, Tesla said relay attacks are a “known limitation” (Bill Toulas/BleepingComputer)
Bill Toulas / BleepingComputer: Researchers detail a BLE relay attack to unlock and operate a Tesla outside its BLE range; when told in April, Tesla said relay attacks are a “known limitation” — Security researchers at the
A report details the challenges that delayed Apple’s mixed reality headset launch by years and the initial pushback from Jony Ive’s team on a VR headset concept (Michael Potuck/9to5Mac)
Michael Potuck / 9to5Mac: A report details the challenges that delayed Apple’s mixed reality headset launch by years and the initial pushback from Jony Ive’s team on a VR headset concept — Rendering by Antonia De Rosa.
Mastercard tests facial recognition software in Brazil, letting users who opt in pay with a smile or a wave, using tech from NEC, Payface, PopID, and others (Siddharth Venkataramakrishnan/Financial …)
Siddharth Venkataramakrishnan / Financial Times: Mastercard tests facial recognition software in Brazil, letting users who opt in pay with a smile or a wave, using tech from NEC, Payface, PopID, and others — Biometrics payments have struggled
Memo: Apple delays its three-day-a-week return to the office indefinitely, citing rising COVID-19 cases; the company still expects attendance two days per week (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg: Memo: Apple delays its three-day-a-week return to the office indefinitely, citing rising COVID-19 cases; the company still expects attendance two days per week — Apple Inc. delayed a plan to require workers to
Fabless chip startup Cornami, whose architecture is optimized for Fully Homomorphic Encryption and quantum threats, raises a $68M Series C led by Vision Fund 2 (Tim Keary/VentureBeat)
Tim Keary / VentureBeat: Fabless chip startup Cornami, whose architecture is optimized for Fully Homomorphic Encryption and quantum threats, raises a $68M Series C led by Vision Fund 2 — Today, fabless semiconductor company Cornami announced it
Vivun, which offers a SaaS product to automate pre-sales processes, raises $75M as part of a Series C led by Salesforce; customers include Snowflake and UiPath (Ron Miller/TechCrunch)
Ron Miller / TechCrunch: Vivun, which offers a SaaS product to automate pre-sales processes, raises $75M as part of a Series C led by Salesforce; customers include Snowflake and UiPath — Vivun was built by Matt Darrow,
Access governance service Pathlock raises $200M led by Vertica Capital Partners and merges with data security company Appsian and SAP risk tool Security Weaver (Tim Keary/VentureBeat)
Tim Keary / VentureBeat: Access governance service Pathlock raises $200M led by Vertica Capital Partners and merges with data security company Appsian and SAP risk tool Security Weaver — Today, access governance solution provider Pathlock announced it
A.Team, a gig marketplace for product engineers, emerges from stealth with a $55M Series A co-led by Tiger, Insight, and Spruce and a $5M seed led by NFX (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch: A.Team, a gig marketplace for product engineers, emerges from stealth with a $55M Series A co-led by Tiger, Insight, and Spruce and a $5M seed led by NFX — The gig economy has,