Technology

Milo JasperDecember 9, 2022
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The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship and ad market, falling VC investment, and the crypto meltdown (Cecilia D'Anastasio/Bloomberg)

Cecilia D’Anastasio / Bloomberg: The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship…
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Milo JasperDecember 9, 2022
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Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B; sources: Gorillas was valued at ~$1.2B (Tim Bradshaw/Financial Times)

Tim Bradshaw / Financial Times: Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at…
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Milo JasperDecember 9, 2022
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SoftBank-backed Indian e-commerce firm Snapdeal drops its $152M IPO plans, after filing in December 2021, amid a tech stock rout (Reuters)

Reuters: SoftBank-backed Indian e-commerce firm Snapdeal drops its $152M IPO plans, after filing in December 2021, amid a tech stock…
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Milo JasperDecember 9, 2022
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Singapore-based Amber Group, one of Asia's largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship (Hannah Miller/Bloomberg)

Hannah Miller / Bloomberg: Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail…
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Milo JasperDecember 9, 2022
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A look at Estonia's efforts to aid cybersecurity workers in Ukraine and coordinate with European and US allies to defend against Russia's cyberattacks (Maggie Miller/Politico)

Maggie Miller / Politico: A look at Estonia’s efforts to aid cybersecurity workers in Ukraine and coordinate with European and…
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Milo JasperDecember 9, 2022
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As US prosecutors reportedly investigate FTX and Alameda's role in orchestrating LUNA and UST's collapse, a look at the timeline of events and evidence (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg: As US prosecutors reportedly investigate FTX and Alameda’s role in orchestrating LUNA and UST’s collapse, a…
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Milo JasperDecember 9, 2022
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After Bari Weiss shared screenshots of internal systems, Twitter's trust and safety head Ella Irwin says "reporters were not accessing user DMs" (Kurt Wagner/Bloomberg)

Kurt Wagner / Bloomberg: After Bari Weiss shared screenshots of internal systems, Twitter’s trust and safety head Ella Irwin says…
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Milo JasperDecember 9, 2022
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Bari Weiss releases "Twitter Files Part Two", sharing images of accounts that Twitter allegedly put on "blacklists" and screenshots of internal Slack messages (Julia Shapero/The Hill)

Julia Shapero / The Hill: Bari Weiss releases “Twitter Files Part Two”, sharing images of accounts that Twitter allegedly put…
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Milo JasperDecember 9, 2022
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MarginEdge, which provides software for restaurant management and bill payment, raised a $45M Series C led by Ten Coves, bringing its total funding to $71M+ (Christine Hall/TechCrunch)

Christine Hall / TechCrunch: MarginEdge, which provides software for restaurant management and bill payment, raised a $45M Series C led…
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Milo JasperDecember 9, 2022
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No emoji better suited 2022's ups and downs than the saluting face, used by laid-off Twitter employees and many others to express irony, reassurance, and more (Miles Klee/Rolling Stone)

Miles Klee / Rolling Stone: No emoji better suited 2022’s ups and downs than the saluting face, used by laid-off…
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