Tech Meme

Scharon Harding / Ars Technica: Counterfeit tech scams run amok on Walmart and eBay because the platforms have failed to properly vet sellers and their products; Amazon has had similar issues  —  If I can spot a fake SSD, why can’t Walmart?  —  Online retailers that host third-party sellers, like Amazon and Walmart … Lees verder op Tech Meme

Priya Anand / Bloomberg: Reddit defends its usage-based API pricing as covering costs, arguing the company “needs to be fairly paid to continue supporting high-usage third-party apps”  —  A number of Reddit forums plan to go dark for two days later this month to protest the company’s decision to increase prices for third-party app developers. Lees verder op Tech Meme

Justin Ling / Wired: Internal 4chan emails, chat logs, and chaotic moderation decisions reveal how the site’s moderators, called “janitors”, allowed racism and violence to take over  —  Internal company documents reveal how the imageboard’s chaotic moderation allowed racism and violence to take over. Lees verder op Tech Meme

Zhiyuan Sun / Cointelegraph: A task force of ten state regulators, including California and Washington’s, issues a Show Cause Order against Coinbase for allegedly violating securities law  —  The SEC is suing the cryptocurrency exchange for alleged unregistered securities offerings.  —  1342 Total views  —  19 Total shares Lees verder op Tech Meme

Jamie Crawley / CoinDesk: Bermuda-based Meanwhile, which aims to provide life insurance to US citizens with BTC holdings, raised $19M across two seed rounds led by Sam Altman and others  —  Meanwhile’s target audience is U.S. citizens with large BTC holdings, an audience from which it has “seen a lot of early demand.” Lees verder op Tech Meme

Associated Press: FIFA report: 50%+ of soccer players in two 2021 tournaments received social media abuse, a third of which was racist; some players and clubs demand change  —  Missing penalties in a major international soccer final was bad enough for three Black players on England’s national team. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Curri, which sells last-mile logistics for construction, raised a $42M Series B, taking its total funding to $48.2M, and launches an API for booking vehicles  —  In 2018, Matt Lafferty and Brian Gonzalez co-founded Curri, a tech platform focused on last-mile logistics for the construction industry. Lees verder op Tech Meme

Scharon Harding / Ars Technica: Counterfeit tech scams run amok on Walmart and eBay because the platforms, despite their resources, have failed to properly vet sellers and products  —  If I can spot a fake SSD, why can’t Walmart?  —  Online retailers that host third-party sellers, like Amazon and Walmart, have extensive, competitively priced electronics selections. Lees verder op Tech Meme

Austin Weinstein / Bloomberg: The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+  —  The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules. Lees verder op Tech Meme

Sarah McBride / Bloomberg: Enterprise software startup Instabase raised $45M led by Tribe Capital at a $2B valuation, after raising $105M at a $1.05B valuation in October 2019  —  Business services startup Instabase Inc. has raised a new round of funding that doubles its valuation to $2 billion, a deal buoyed … Lees verder op Tech Meme