Tuesday, August 1, 2023

Read-it-later app Pocket to shut down its Mac app on August 15th

Mozilla’s Pocket, a popular read-it-later app that lets you save online articles to read when you have more time, announced today it’s retiring its Mac app, Pocket for Mac. The app will be replaced with the Pocket iOS app for Apple Silicon Macs instead — meaning those models introduced in late 2020 and later. The […]

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Reed Jobs, son of Steve Jobs, takes the wraps off a $200 million venture fund that will back new cancer treatments

Reed Jobs, the 31-year-old son of Steve Jobs and philanthropist Laurene Powell Jobs, has spent his career behind the scenes. But he’s “stepping into the spotlight,” with a new venture capital firm to invest in new cancer treatments, DealBook reported earlier this morning. Called Yosemite — after the national park where his parents were wed […]

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Researchers claim US-registered cloud host facilitated state-backed cyberattacks

A little-known cloud company provided web hosting and internet services to more than two dozen different state-sponsored hacking groups and commercial spyware operators, according to researchers at cybersecurity company Halcyon. In a report released on Tuesday, Halcyon said it had identified that the U.S.-registered company Cloudzy was “knowingly or unwittingly” acting as a command-and-control provider […]

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Monday, July 31, 2023

Google Assistant reportedly pivoting to generative AI

When Google had its unpleasant realization that it had been complacently spinning its wheels on a form of fake AI for a decade, chances are it started re-aligning itself that day. And it sounds like Assistant itself is now getting a generative facelift, according to an internal email reported by Axios. The email says that […]

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Disney+ drops ‘Loki’ Season 2 teaser trailer

Disney+ released today the first teaser trailer for the second season of Marvel Studios’ “Loki,” starring Tom Hiddleston as the “God of Mischief.” Following the events of the first season finale, when Loki is trapped in an alternate reality and separated from Sylvie (played by Sophia DiMartino), Season 2 sees Loki unwillingly time-slipping through the […]

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Airalo locks in $60M to expand its eSIM-based global roaming ‘marketplace’

Travel is back on the agenda after a Covid-19 hiatus, and today a mobile startup is announcing a healthy round of funding to capitalize on that. Airalo — which uses software-based eSIM connectivity to provide a wide range of lower-cost mobile data packages, nearly 700 in all, for international travellers — has raised $60 million […]

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This week in food tech: New fund shows food investments are still simmering

If you’re adventurous with your food, or just like to keep up with the fast-moving food tech industry, here’s a roundup of this week’s stories and some notable news we weren’t able to cover. Supply Change Capital The venture capital fund madness we’ve seen all year has made its way to the food sector. This […]
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Sunday, July 30, 2023

Fidelity deepens valuation cut for SaaS startup Gupshup

Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than 50% since the original investment in the latest brutal markdown across private markets. The U.S. asset manager valued its holding in Gupshup at $8.08 million at the end of June, down from $10.15 […]

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Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake

Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took place in recent days and Tiger Global, which has cashed most of its Flipkart shares earlier, overall made a return of $3.5 billion on an […]

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Tesla’s range-flation problem, Waymo reverses on self-driving trucks and Ford tweaks its EV playbook

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point […]

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