Welcome to the week as a review! We have tons of news for you this week, including hacking in Coinbase; YC thinks that Google is a “monopoly”; dismissals in Microsoft; And much more. Have a great weekend!
UH-OH: Coinbase claims that personal information from customers, including IDs by the government, has been stolen in a data violation. The pirates asked for $ 20 million from the company, said CEO Brian Armstrong in an article on X. Coinbase said he would not pay the ransom of pirates.
Introduction time on the stock market, baby: After depositing confidentially in December, Chime asked for an IPO this week. There is a ton of whites in the S-1, so we have not obtained a lot of information, such as the number of shares that the initiates plan to sell as part of the IPO. But we learned a treat: Chime concluded an agreement with the Dallas Mavericks in 2018, which won the Carillon logo on the team’s jersey, among other marketing advantages.
Strike in wood: This story broke out all week – Inventwood created Wood called “Superwood” as strong as steel. In the end, Inventwood plans to use wood chips to create structural beams of any dimension that will not need finish.
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News
A large bowl of granola: VCs and founders love to talk about the applications they use. The most recent case: Granola, an application for taking AI notes which recently experienced an increase in use, even if it was launched a year ago. And when there is use, money follows. The company has announced that it had raised $ 43 million in a series B financing cycle to an assessment of $ 250 million.
Words of choice: “Google has cooled independent companies like YC to finance and accelerate innovative startups that could otherwise have challenged Google’s domination,” YC wrote in a friendly file which he submitted in the American antitrust case against the research giant. But YC does not call a complete break by Google.
I love to see it: Apple has announced a lot of accessibility features, including accessibility nutrition labels that will inform users of accessibility functionalities in apps and games of the App Store; A magnificent news for Mac; a new experience in Braille; And more.
Lisposoffs to Microsoft: The company would have dismissed 3% of its workforce, or around 6,500 people, affecting all levels, locations and teams. This follows a solid quarter for Microsoft, with $ 70.1 billion in income (up 13%) and net profits of $ 25.8 billion (up 28%). In Washington, around 40% of the 2,000 dismissed people were engineers.
Gemini in your car: During the Android show – the Android event only from Google a week before Google I / S – The company announced that it brought gemini to cars that support Android Auto. Drivers (and passengers) will be able to send SMS, play music and all the other things that an intelligent assistant is, but using natural language.
LOL: What was formerly called HBO before he changed his name to HBO now, who later became HBO Max, before settling on Max, announced this week that he will again change his name in HBO Max.
Just call it a bus: Uber presents Route Share, a suburban shuttle service that will collect passengers with predefined stops at 20 -minute intervals. “You can see a natural extension to also be able to bring us full parts of autonomous vehicles,” said Sachin Kansal, Uber product director.
Wait, what? The New York Times spoke with two investors who declared that it had presented a new startup which aims to offer “optimization of human health” using blood tests. Does that seem familiar? But wait until you hear who presented the startup: the partner of Theranos, the founder of Theranos, Elizabeth Holmes, Billy Evans. Maybe it will work better this time?
Analysis
And speaking of Uber: In 2022, the main journalist Rebecca Bellan wrote an article entitled “The Amazonification of Uber” on the way the company became more and more a closed loop to maintain committed customers. Now, the company goes further, introducing the days of member of the Uber, a week of discounts designed to increase its subscription program and extend its role beyond transport.
