Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Stocks are up around the world, which is a nice thing to wake up to. Crypto prices are down a smidgen, but nothing major There’s FTX-Binance drama afoot, in case that’s your jam. … Read more
What a difference a year makes. If you are looking for proof, go no further than OpenView Venture Partners’ 2022 SaaS benchmarks report, which couldn’t be more different from the 2021 edition. Both reports come from an annual survey of SaaS companies, and with 660 global respondents, the 2022 sample doesn’t look very different from … Read more
WorkTorch, previously known as QuickHire, announced today the closing of a $2.2 million seed round led by Tenzing Capital. Along with the raise comes the name change, with the goal of encapsulating the business’ focus on employee recruiting and retention. Speaking to TechCrunch, its founders, sisters Deborah Gladney and Angela Muhwezi-Hall said the rebrand was … Read more
Amazon is now offering to replace customers’ discontinued Cloud Cam smart cameras with a new Blink Mini following its decision earlier this year to shut down its Cloud Cam line of products and end support for the device’s associated mobile apps. At the time of the retailer’s May 2022 announcement, Amazon said it would email … Read more
Mastodon, the decentralized social network that’s increasingly being positioned as an alternative to Twitter, has eclipsed 1 million active monthly users. That’s according to CEO and lead developer Eugen Rochko, who revealed the milestone in a post on Monday morning. Germany-based Mastodon has experienced rapid growth since Elon Musk’s takeover of Twitter, with nearly half … Read more
To help investors understand and navigate the complexity of digital assets, CoinDesk Indices launched the Digital Asset Classification Standard (DACS)
Due to immense public demand, Cointelegraph’s digital collectibles launch has been slightly delayed to give waitlisters more perks as part of a fairer launch.
Comments
Damian Williams, the United States Attorney for the Southern District of New York, announced the seizure of $3.36 billion of bitcoin related to Silk Road, a darkweb marketplace.
The long hangover from a 2020 state-sponsored compromise still isn’t over for SolarWinds, as the software giant targeted by Russian government hackers has to pony up $26 million to shareholders and face possible enforcement action from the federal government. In a recent 8-K filing with the U.S. Securities and Exchange Commission, SolarWinds said it reached … Read more
EdgeDB, the startup looking to modernize databases for cutting-edge apps, today announced that it raised $15 million in a Series A round led by Nava Ventures and Accel. The new capital brings the startup’s total raised to $19 million, which CEO Yury Selivanov said will be used to boost headcount and launch the previously announced … Read more
Illustration by Lille Allen / The Verge I am firmly in the camp that learning about hacking and, by extension, computers generally should be fun. Much of the modern world purposefully attempts to obfuscate how these things work, functionally turning technology into a huge bummer. And if you want to learn more about networking and … Read more
Comments
Comments
Unacademy has eliminated 10% of its workforce, or about 350 roles, in its second round of layoffs this year as the Indian edtech warns of harsh economic conditions. In an email to employees on Monday, Unacademy co-founder and chief executive Gaurav Munjal said the startup is cutting jobs across several verticals, many of which it … Read more
Image: Epic Games Another major esports event is getting a fashionable trophy. Epic Games has revealed the trophy for the next major Fortnite tournament — the FNCS Invitational in Raleigh, which also happens to be the first in-person competition in years — and it’s a sleek number crafted by Swarovski. It weighs 15 pounds, is … Read more
John Chambers Contributor Share on Twitter John Chambers is the founder and CEO of JC2 Ventures. Previously, he served as executive chairman and CEO of Cisco. Geopolitical tensions, supply chain challenges, an economic slowdown, an ongoing pandemic and more have meant that companies and people have been impacted in ways that will change how business … Read more
Airbnb guests can soon filter pricing for accommodations to include all fees before taxes, avoiding any unexpected additional charges on the final price. | Image: Airbnb Prices on Airbnb are set to get more transparent following a planned update to the platform’s search function. Guests will soon be able to filter their search results by … Read more
El interés abierto se duplicó hasta alcanzar US$203 millones con las apuestas bajistas en la demanda, a medida que la entrada de Binance en el conflicto FTX-Alameda va generando pánico entre los inversores.
If you’ve ever had to sit through corporate training videos while you feel your will to live slowly ebb out of every pore of your body, a new startup has some good news for you. Describing itself as “the TikTok of workplace learning,” 5Mins recently raised a round of funding in a bid to introduce … Read more
Mario + Rabbids: Sparks of Hope is one of the many games that Target has included in its buy two, get one free deal. | Image credit: Ubisoft / Nintendo Target’s promotion that will set you up with three video games for the price of two is something that gamers shouldn’t miss. If you buy … Read more
The U.K.’s National Cyber Security Centre has launched a new program that will continually scan every internet-connected device hosted in the United Kingdom for vulnerabilities to help the government respond to zero-day threats. The NCSC, part of the Government Communications Headquarters that acts as the U.K.’s public-facing technical authority for cyber threats, says it launched … Read more
African e-commerce giant Jumia has made a change in management as co-founders Jeremy Hodara and Sacha Poignonnec step down effective today as co-CEOs, according to a statement seen by TechCrunch. The two founders, who until today shared the chief executive role, have been at the helm of Africa’s only publicly traded company for over a … Read more
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 7, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.