Arjun Sethi’s crypto derivatives protocol Nibiru raises maiden funding at $100M valuation

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Nibiru, a new crypto derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5 million seed funding at a valuation of $100 million, two sources familiar with the matter told TechCrunch. Tribe Capital, Republic Crypto and Kraken invested in the seed round, a source said, requesting anonymity as the information is not public. … Read more

A Strava co-founder races into a lucrative market – lending against life insurance

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Mark Shaw likes running around. The serial entrepreneur joined activity and fitness tracking platform Strava as a co-founder in 2009 to lead engineering as CTO. He spent eight years there, and as of its most recent raise in 2020, Strava had reached 70 million members globally and amassed an almost cult-like following from its users, … Read more

France announces minimum €3 book delivery fee to help booksellers compete with Amazon

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Photo by Richard Baker / In Pictures via Getty Images The French government has announced it will introduce a minimum charge for book deliveries of €3 (about $2.92) in order to help small booksellers compete with retailing giant Amazon, reports Reuters. The minimum fee will only apply to orders under €35 (about $34.12). It’s the … Read more

Tesla countersues civil rights agency behind racial bias suit

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Tesla couldn’t get a judge to dismiss a case alleging racial bias at the automaker’s Fremont factory last month, so the automaker is now countersuing the agency responsible instead. The luxury electric vehicle maker on Thursday filed a complaint in state court in Alameda County saying the California Civil Rights Department (CRD) adopted “underground regulations” … Read more

How to use the Apple Watch Ultra’s Action button

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The Action button adds another layer of personalization | Illustration by Samar Haddad / The Verge The Apple Watch Ultra introduced one of the most significant design tweaks to the Apple Watch since its inception — the Action button. While every other Apple Watch has two physical controls, the Action button is a third that’s … Read more

Italy fires Meta urgent request for info re: election interference measures

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Days ahead of the Italian general election, the country’s privacy watchdog has sent Facebook’s parent (Meta) an urgent request for information, asking the social media giant to clarify measures it’s taking around Sunday’s election. The risk of election interference via social media continues to be a major concern for regulators after years of rising awareness … Read more

UK mini budget: Government to boost gigabit broadband by easing access to infrastructure on private land

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The U.K. government has announced plans to make it easier for telecoms operators to access telegraph poles on private land, representing part of a broader push to bring high-speed broadband to all corners of the country. The announcement was made as part of the U.K.’s so-called “mini budget,” which was partly set up to address … Read more

Why does Logitech have a white Xbox Series X?

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A white Xbox Series S has been spotted in an Astro Gaming ad. | Image: Astro Gaming (YouTube) A white Xbox Series X has appeared in Logitech’s latest Astro Gaming commercial. The white model appears in a new ad for the Logitech-owned Astro Gaming headphone line, featuring the new A30 wireless headphones that are compatible … Read more