Tech Meme

Charlotte Alter / TIME: Sources: effective altruism leaders were warned of Sam Bankman-Fried’s issues in 2018 and 2019, but they dismissed claims and threatened those raising concerns  —  Leaders of the Effective Altruism movement were repeatedly warned beginning in 2018 that Sam Bankman-Fried was unethical … Lees verder op Tech Meme

Financial Times: Some investors are concerned SVB’s collapse and its rescue by the US government, after Silicon Valley investors’ lobbying, could lead to tougher tech regulation  —  Late last Saturday night, Jason Calacanis, a prominent internet entrepreneur and investor, hit the caps button on his keyboard … Lees verder op Tech Meme

Bloomberg: The FBI arrested a New York man who allegedly ran BreachForums, a dark web site that hosted stolen databases of ~1K companies, under the alias “pompompurin”  —  Federal agents have arrested a Peekskill, New York, man they say ran the notorious dark web data-breach site “BreachForums” under the name “Pompompurin.” Lees verder op Tech Meme

Rebecca Jennings / Vox: A look at YouTube and TikTok “hustle gurus” claiming to teach followers how to earn passive income through dropshipping, crypto schemes, AI companies, and more  —  YouTube and TikTok are plagued with 20-something “passive income” bros who want your attention — and your money. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: SVB Financial Group, the holding company for SVB Capital and SVB Securities, files for Chapter 11 and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: SVB Financial files for Chapter 11 bankruptcy protection for its securities and venture capital entities and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank … Lees verder op Tech Meme

Financial Times: How tech from Synthesia, an AI startup backed by Kleiner Perkins and GV, is being used to make deepfake news videos promoted by Venezuela’s government  —  UK tech company developed software used in fake news videos promoted by authoritarian government  —  As Venezuela prepared for carnival season … Lees verder op Tech Meme

Connie Loizos / TechCrunch: After SVB froze its deposits, HR software startup Rippling raised a $500M Series E at an $11.25B valuation, same as Series D, taking its total funding to $1.2B  —  As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad has nearly seen it all.  Or so he might have thought until last week. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: SVB Financial, the holding company for its securities and venture capital entities, files for Chapter 11 and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank … Lees verder op Tech Meme

Connie Loizos / TechCrunch: HR software startup Rippling raised a $500M Series E at an $11.25B valuation, same as Series D, when SVB froze its deposits, taking its total funding to $1.2B  —  As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad has nearly seen it all.  Or so he might have thought until last week. Lees verder op Tech Meme