Judge jails man for failing to unlock phones
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Romain Dillet / TechCrunch: Fastly, a CDN provider whose clients include Reddit, GitHub, and Stripe, raises $40M Series F led by Deutsche Telekom, bringing its total funding to $219M — Last round before the IPO. That’s how Fastly frames its new $40 million Series F round. It means that the company has raised $219 million… Read More Fastly, a CDN provider whose clients include Reddit, GitHub, and Stripe, raises $40M Series F led by Deutsche Telekom, bringing its total funding to $219M (Romain Dillet/TechCrunch)
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NBC News: Apple removed QDrops, an app that sent alerts about the Qanon conspiracy theory, after months near the top of the App Store; app still on Google Play Store — One of the App Store’s top entertainment apps pushed a conspiracy theory about a child sex ring and a Trump secret police force. from… Read More Apple removed QDrops, an app that sent alerts about the Qanon conspiracy theory, after months near the top of the App Store; app still on Google Play Store (NBC News)
Dean Takahashi / VentureBeat: Toka, a Tel Aviv-based government-focused cybersecurity startup, raises $12.5M seed, with a16z, Launch Capital, and Dell Technologies Capital among investors — Better late than never. The U.S. special counsel indicted 13 Russian nationals for committing cyber fraud in support of Donald Trump’s presidential campaign. from Techmeme https://ift.tt/2zK54Ub
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Daniel Boffey / The Guardian: Airbnb found in breach of EU consumer law regarding hidden costs, unclear terms and conditions, and more; regulator gives company until end of August to rectify — Accommodation service told it needs to be clearer on total cost including fees and charges — Airbnb has been found in breach …… Read More Airbnb found in breach of EU consumer law regarding hidden costs, unclear terms and conditions, and more; regulator gives company until end of August to rectify (Daniel Boffey/The Guardian)
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Lily Katz / Bloomberg: Coinbase says SEC and FINRA have given it the green light to list coins deemed to be securities, by approving three acquisitions including Keystone Capital — – SEC, Finra sign off on deals that give firm federal licenses — Company is exploring addition of five new digital tokens from Techmeme https://ift.tt/2Jys8Fq
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Yimian Wu / China Money Network: 7Net, an online exam grading service provider used for more than 20,000 students in China raises ~$30M Series B, as it looks to invest in AI and expand — Chinese online exam grading service provider 7Net has raised a RMB200 million (US$30 million) series B round from Sinovation Ventures… Read More 7Net, an online exam grading service provider used for more than 20,000 students in China raises ~$30M Series B, as it looks to invest in AI and expand (Yimian Wu/China Money Network)
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Wall Street Journal: Netflix reports Q2 membership growth of 5.2M, 1M less than forecast, and a profit of $384M, up from $65M last year; stock down 13% after hours — Video site blamed faulty internal forecasting, not business reasons like price increases — Netflix Inc. missed its own forecasts … from Techmeme https://ift.tt/2LfLzYg
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