Kevala, which provides cloud-based data analytics software for managing energy grid infrastructure, raises $21M Series A led by C5 Capital and Thin Line Capital (Rebecca Bellan/TechCrunch)

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Coinbase erroneously sent "Your 2-step verification settings have been changed" messages to 125,000 customers, prompting confusion and alarm among investors (CNBC)

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Facebook says it accidentally removed thousands of posts around the Jan. 6 riots from Crowdtangle, blaming a now fixed error that has existed since at least May (Mark Scott/Politico)

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Sources: Intuit is in talks to buy Mailchimp for more than $10B; Mailchimp has also considered offering a minority stake and another buyer could still emerge (Bloomberg)

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Verizon and Microsoft announce private edge compute solution that will leverage Verizon's 5G Edge and Azure Stack Edge to offer low-latency for business apps (Gina Narcisi/CRN)

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Checkr, whose tech for employment background checks is used by Uber, Airbnb, and others, raises a $250M round led by Durable Capital at a $4.6B valuation (Bloomberg)

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CrowdStrike beats in Q2 with revenue of $337.7M, up 70% YoY; ARR rose 70% YoY to $1.34B, subscription revenue was $315.8M, up 71% YoY, net new subs grew 81% YoY (Stephanie Condon/ZDNet)

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Roundup of 180+ companies that launched at YC's Summer 2021 Demo Day 1, including food delivery, investment, edtech, AI, and payment startups (TechCrunch)

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FTX acquires US-regulated crypto derivatives exchange LedgerX for an undisclosed sum, to expand its futures and options products in the US (Vildana Hajric/Bloomberg)

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135+ subreddits have gone private in protest of Reddit's refusal to ban communities that spread misinformation about the COVID pandemic and vaccines (Jon Brodkin/Ars Technica)

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Streamers organize #ADayOffTwitch walkout to bring awareness to the recent increase of "hate raids", and say Twitch isn't taking the issue seriously enough (Ash Parrish/The Verge)

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Syndicate, a decentralized investing platform that wants to make it easier for users to create DAOs, raises $20M Series A led by Andreessen Horowitz (Dan Primack/Axios)

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Source: Apple's upcoming Watch is suffering production snags as manufacturers adjust to a new design, likely leading to supply restraints or shipment delays (Bloomberg)

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Alpaca, which offers APIs for fintech apps to connect and trade in US stocks, raises $50M Series B led by Tribe Capital and says it is expanding into crypto (Alex Wilhelm/TechCrunch)

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Study: in 2020, 77 ransomware attacks affected over 1,740 US schools and colleges, potentially impacting 1.36M students and costing ~$6.6B in downtime alone (Paul Bischoff/Comparitech)

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Apple bars staff from making a Slack channel about pay equity; Apple says it's because it's not work related, despite other channels on pets and jokes (Zoe Schiffer/The Verge)

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United Talent Agency signs NFT art projects CryptoPunks, Meebits, and Autoglyphs, all created by Larva Labs, for representation across film, TV, games, and more (Alex Weprin/The Hollywood Reporter)

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[Thread] Apple bars staff from making a Slack channel about pay equity; Apple says it's because it's not work related, despite other channels on pets and jokes (Zoë Schiffer/@zoeschiffer)

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Wall Street institutions are increasingly tracking amateurs on Reddit, Twitter, and Discord to find trading opportunities, following GameStop's meteoric rise (Wall Street Journal)

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Investigation shows Accenture is Facebook's biggest content moderation partner, employing over a third of its moderators, with annual contracts exceeding $500M (New York Times)

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Sundar Pichai informs Google employees that plans to return to offices are being pushed back again, from October to January 10 (Daisuke Wakabayashi/New York Times)

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LinkedIn is abandoning its Stories format at the end of September and has told advertisers to adjust their ad campaigns accordingly (Garett Sloane/Ad Age)

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Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal (Reuters)

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Japan's Nippon Foundation wants its crewless ships to make up 50% of Japan's local fleet by 2040; a container ship will test a 236-mile voyage in February 2022 (Bloomberg)

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Technologists say Google's Privacy Budget proposal to reduce fingerprinting is vague, and could create privacy harms and break some of the web's functionality (Kate Kaye/Digiday)

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Facebook, Google, and Xiaomi are eyeing India's digital loan market, which Boston Consulting Group estimates to triple to $350B by 2023 and reach $1T by 2025 (Suvashree Ghosh/Bloomberg)

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Tech investor Prosus NV says it has agreed to buy Indian payments service BillDesk for $4.7B to complement its own PayU business (Toby Sterling/Reuters)

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Chinese food delivery giant Meituan reported a third consecutive loss of $519M in Q2, compared to a $341M profit last year, while revenue rose 77% YoY to $6.8B (Chong Koh Ping/Wall Street Journal)

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Experts have traced most of the cyberattacks that have reverberated across the Australian economy in recent months to China-linked hacking groups (Jamie Tarabay/Bloomberg)

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Singapore-based digital asset exchange Zipmex raises $41M Series B with participation from Krungsri Finnovate, the VC arm of one of Thailand's largest banks (Sebastian Sinclair/CoinDesk)

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Sources: Byju's, an Indian edtech giant with millions of paying subs, has a "toxic" sales culture with tactics pushing low-income parents into taking out loans (Akanksha Singh/Rest of World)

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Tokyo 2020: Toyota restarts driverless vehicles after accident A visually impaired athlete from Japan's judo team was hit by one of the e-Palette pods on Thursday. August 31, 2021 at 09:05AM

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Singapore-based telemedicine startup Doctor Anywhere raises ~$65.3M Series C led by Asia Partners, bringing its total raised to $140M (Kristie Neo/DealStreetAsia)

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WH announces the US Digital Corps, a two-year fellowship aiming to recruit early-career software engineers and other technologists to work at federal agencies (Dave Nyczepir/FedScoop)

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Cloudera reports Q2 revenue of $236.06M, up 10% YoY, subscription revenue of $213.3M, up 11% YoY, and ARR of $832M, up 13% YoY, announces departure of its CPO (Larry Dignan/ZDNet)

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Brazil-based marketplace for pet products and services Petlove raises ~$150M led by Riverwood Capital, bringing its total raised to $225.8M (Mary Ann Azevedo/TechCrunch)

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The Central Bank of Nigeria says it will work with blockchain and payments startup Bitt Inc. to launch Nigeria's eNaira digital currency later this year (Danny Nelson/CoinDesk)

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In an email to some Square Invoices users, Square says it's working on Invoices Plus, a paid version with some features from the free version, plus new ones (Sarah Perez/TechCrunch)

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Can apps move the #MeToo movement forward? Reporting sexual harassment at work is getting easier thanks to new technologies. August 31, 2021 at 04:42AM

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Source: Apple's planned satellite capabilities for the iPhone are focused on emergencies, enabling texts and crisis reports in areas without cellular coverage (Mark Gurman/Bloomberg)

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Zoom beats with Q2 revenue of $1.02B, up 54% YoY, vs. $991.0M est., and now has 2,278 customers paying $100K+, up 131% YoY; stock down 10%+ on weak Q3 guidance (Daniel Howley/Yahoo Finance)

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Global smartphone shipments are expected to grow by 7.4% in 2021, reaching 1.37B units, with iPhone shipments growing 13.8% and Android shipments growing 6.2% (IDC)

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Sensor Tower: Telegram crossed 1B global downloads, with ~214.7M installs in H1 2021, up 61% YoY, and 22% of total global downloads coming from India (Manish Singh/TechCrunch)

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Russia has made steady progress toward its goal of weaning Russians off US tech, including by mandating Russian-made software in government offices and schools (Andrei Soldatov/The Moscow Times)

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Kraken and others want access to Federal Reserve payment systems to process digital asset sales faster; ahead of the Fed's decision, traditional banks push back (Andrew Ackerman/Wall Street Journal)

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Some Apple employees say their privacy is not well protected by Apple, as they decry norms and rules that encourage personal iCloud accounts be used at work (Zoe Schiffer/The Verge)

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Apple acquires classical music streaming service Primephonic, giving its users six free months of Apple Music, and will debut its own classical music app in '22 (Micah Singleton/Billboard)

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Paypal has hired the co-founder of online brokerage TradeKing to lead the "Invest at Paypal" unit, which, sources say, plans to let US customers trade stocks (Kate Rooney/CNBC)

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Flip, a social commerce app with 1M+ downloads that mixes customer reviews with live shopping shows, raises $28M Series A led by Streamlined Ventures (Christine Hall/TechCrunch)

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China's crackdown on Big Tech has shifted balance in the country's e-commerce market, with JD.com, Pinduoduo thriving while Alibaba reels under heavy pressure (Naoki Matsuda/Nikkei Asia)

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