Welcome back to week in Review! We have tons news for you this week, including a hack at Coinbase; YC thinks Google is a ‘monopolist’; dismissed at Microsoft; And much more. Have a nice weekend!
Uh-oh: Coinbase says that the personal information from customers, including the Government IDs issued, was stolen in a data breach. The Hackers demanded $ 20 million from the company, CEO Brian Armstrong said in a message on x. Coinbase said it will not afford the ransom of the hackers.
IPO -Time, Honey: After submitting confidential in December, Chime applied for an IPO this week. There are many spaces in the S-1, so we have not received much information, such as how many insiders shares are planning to sell as part of the IPO. But we learned a piece: Chime was concluded a deal in 2018 with the Dallas Mavericks, who got the Chime logo on the team’s sweater, in addition to other marketing benefits.
Beat on wood: This story has gone away all week – Inventwood created wood called “Superwood” that is as strong as steel. Ultimately, Inventwood plans to use wood snips to make structural beams of any dimension that does not have to be finished.
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News
A large bowl of granola: VCs and founders like to talk to the apps they use. The most recent matter: Granola, an AI-app app that recently saw a boost in use, although it was launched a year ago. And when there is use, money follows. The company announced that it collected $ 43 million in a series B finance round with a rating of $ 250 million.
Options: “Google has cooled independent companies such as YC from financing and accelerating innovative startups that otherwise could have challenged the dominance of Google,” wrote YC in an Amicus letter that it has submitted it in the American antitrust case against the search giant. But YC does not call for a completely disintegration from Google.
I like to see it: Apple has announced a number of accessibility functions, including accessible food labels that will inform users about accessibility functions within apps and games in the App Store; a new magnifying glass for Macs; A new Braille experience; And more.
Redundant at Microsoft: The company is reportedly traveling 3% of its workforce, or approximately 6,500 people who meet all levels, locations and teams. This follows a solid quarter for Microsoft, with a turnover of $ 70.1 billion (an increase of 13%) and the net income profit of $ 25.8 billion (an increase of 28%). In Washington there were about 40% of the 2,000 fired engineers.
Gemini in your car: At the Android-Show-it-Android event of Google a week before Google I/O, the company announced that it brings Gemini to cars that support Android Auto. Directors (and passengers) can send texts, play music and all other things that a smart assistant does, but the use of natural language.
Lol: What was once called HBO Go before it changed his name to HBO, who later became HBO Max, before he settled at Max, announced this week that it is changing his name to HBO Max again.
Just call it a bus: Uber introduces Route Share, a shuttle service that records passengers with pre -set stops with intervals of 20 minutes. “You see a natural expansion that we can also bring route to autonomous vehicles,” said Sachin Kansal, Chief Product Officer of Uber.
Wait, what? The New York Times spoke with two investors who said they had pitched a new startup that aims to deliver “human health optimization” using blood tests. Sounds known? But wait until you hear who has thrown the startup: the partner of the founder of Theranos Elizabeth Holmes, Billy Evans. Maybe it will be better this time?
Analysis
And talking about uber: In 2022, senior reporter Rebecca Bellan wrote an article entitled “The Amazonification of Uber” about how the company became more a closed loop to keep customers involved. Now the company goes one step further and you introduce Uber One member days, a week with discounts designed to stimulate its subscription program and to extend its role further than transport.
