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  • June 9, 2023
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Putting the ‘Pro’ in Apple Vision Pro and other TC news

At WWDC this week, Apple revealed its new Vision Pro headset, a platform it described as the advent of spatial computing. The company clearly put a lot of work into building Vision Pro, and VisionOS, the software that powers it, but is it as revolutionary as Apple marketing would have

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  • June 9, 2023
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Another huge US medical data breach confirmed after Fortra mass-hack

Hackers stole another half a million people’s personal and health information during a ransomware attack on a technology vendor earlier this year. Intellihartx, a Tennessee-based company that handles patient payment balances and collections, said in a notice filed with the Maine attorney general’s office that 489,830 patients had information stolen

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  • June 9, 2023
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Meta to appeal court ruling declaring content moderators as its employees

Meta is set to appeal Kenya’s court decision declaring it as the primary employer of the moderators that review content on its platforms in sub-Saharan Africa. Meta has filed a notice of appeal against the ruling made last week on orders issued in March. This comes after 184 moderators sued

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  • June 9, 2023
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Spotify is officially testing an offline mix

Music streaming company Spotify is finally and officially testing a playlist that automatically downloads some of your recent favorites a couple of years after starting working on such a feature. In a tweet, the company’s CEO Daniel Ek said that Spotify has been testing “Your Offline Mix.” But beyond that

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  • June 9, 2023
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Shell Recharge security lapse exposed EV drivers’ data

Oil giant Shell said it is investigating after a security researcher found an exposed internal database spilling the personal information of drivers who use the company’s electric vehicle charging stations. Security researcher Anurag Sen found a database online that contained close to a terabyte of logging data relating to Shell

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  • June 9, 2023
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Peakview, a U.S. LP once solely backed by a Chinese firm, further diversifies its investor base

In the aftermath of Sequoia Capital’s big reveal earlier this week that its China- and India-based affiliates are spinning off into independent entities, we reached out yesterday to someone who we thought might have an opinion on the development. Erik Lassila is a former VC whose Silicon Valley-based fund of

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  • June 9, 2023
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Cultured meat startup Higher Steaks nabs $30M and rebrands as Uncommon

U.K.-based cultivated meat startup Higher Steaks has raised $30 million in a Series A round of funding and revealed that it’s changing its name to Uncommon. Founded out of Cambridge in 2017, Uncommon is one of countless companies pushing to make cultured “lab-grown” meat a reality in kitchens and restaurants

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  • June 8, 2023
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How curbside pickup caused Wing to rethink its approach to drone delivery

In many ways, drone delivery still feels very pie in the sky in terms of scalable e-commerce. In smaller, controlled pockets, however, the concept is going swimmingly. Among the spots is a small Google satellite campus in the Palo Alto foothills. The buildings, which neighbor larger Tesla and HP offices,

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  • June 8, 2023
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How well are SaaS, e-commerce, fintech and health tech startups doing in 2023?

Healy Jones Contributor Share on Twitter Healy Jones runs financial planning and analysis for Kruze Consulting. More posts by this contributor Zero-based budgeting: A proven framework for extending runway The startup ecosystem has gone through some substantial changes over the last few months, and founders need to understand current conditions

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  • June 8, 2023
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Carvana nirvana? Shorted stock surges 56% as company predicts record profits

On Thursday, online car retailer Carvana announced an especially rosy outlook (i.e., forecasted record profits) for the second quarter of 2023, and investors responded by driving the company’s stock price up 56% before the market closed. The company closed the day worth $4.58 billion, according to Google Finance data. The

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