Elementus, a startup focused on spotting illicit transactions made with cryptocurrency, today announced raising $3.5 million, partly from a fund linked to Fidelity Investments. The round was led by Morgan Creek Digital, a venture fund focused on blockchain technology, including cryptocurrency and related Also joining the round was Avon Ventures, a venture capital subsidiary of Devonshire Investors, the private equity arm of Fidelity Investments’ parent company. Fidelity has become one of the first mainstream Wall…"Fidelity Affiliate Joins $3.5 Million Investment in Bitcoin Sleuthing Firm Elementus"
On the fourth of July, Netflix released the much-hyped third season of its wildly successful series Stranger Things. Since it debuted in 2016, the show—a science fiction story set in small-town Indiana in the early 1980s, featuring a psychokinetic tween girl, top-secret government experiments, and a portal to another dimension—has become a cultural phenomenon. To promote season three, the global streaming giant partnered with everyone from Burger King (which debuted an “Upside Down” Whopper) to…"Meet the Women Leading Netflix Into the Streaming Wars"
A few years ago the market for “endpoint” security—software designed to protect people’s computers—was ripe for the taking. Investors poured hundreds of millions of dollars into startups salivating over the lunches of stalwarts Symantec and McAfee. While some defiant contenders remain, the situation has changed drastically since then: Winners have been anointed; losers disappointed. The latest example of consolidation in the once-hot market came Thursday. PC and printer-maker HP bought Bromium, one such cybersecurity business…"Once Ripe for Taking, Computer Security Market Reveals Winners—and Losers—Cyber Saturday"
Apple made big news this week with its iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max reaching stores. The new phones were joined by the Apple Watch Series 5, the company’s updated smartwatch. Meanwhile, on the software side, Apple released its free iOS 13 (an update is already planned for next week) and watchOS 6. Add that to plenty of talk about its Apple Arcade video game streaming service and the opening of…"Apple’s iPhone 11 Reaches Store Shelves. Will It Be a Hit Or a Dud?"
In January 2019, Beyoncé Knowles’ company, Parkwood Entertainment, became the defendant in a class-action lawsuit alleging that it violated the Americans with Disabilities Act (ADA). The suit, filed by a blind woman from New York, claimed that the company’s website, Beyonce.com, did not provide accommodation for people with significant vision impairments, leaving an estimated 2 million blind people and others with vision impairments unable to access the primary portal for news about all things Bey. …"Beyoncé Was Sued Over Her Website Violating the Americans With Disabilities Act. And You Could Be Too"
In what may be a huge milestone in computing, Google says it has achieved “quantum supremacy,” an experimental demonstration of the superiority of a quantum computer over a traditional one. The claim, made in a new scientific paper, is the most serious indication yet that the promise of quantum computers—an emerging but unproven type of machine—is becoming reality, including their potential to solve formerly ungraspable mathematical problems. Essentially, Google purports to have pulled off a…"Google Claims ‘Quantum Supremacy,’ Marking a Major Milestone in Computing"
Google researchers claim to have achieved a major milestone in computer science known as “quantum supremacy.” Google scientists explain their breakthrough in a research paper, a copy of which was obtained by Fortune, that was briefly posted to a NASA website earlier this week before subsequently being taken down. NASA has been working with Google on one aspect of their quantum computing research. News of the paper’s existence was first reported by The Financial Times…"What Is Quantum Supremacy, and Why Is It Such a Computing Milestone?"
Ever since Amazon bought Whole Foods in 2017 for $13.7 billion, shoppers and investors alike have wondered how the e-commerce giant would integrate the upscale grocer into its sprawling online operation. Now, after two years of tinkering, Amazon is betting big on quick delivery from Whole Foods. In August, the company began a pilot project in select cities including Denver and Portland, Ore. Mining the purchase histories of Whole Foods shoppers who use their Prime memberships for discounts, Amazon zeroed in on items they…"Amazon Expands Two-Hour Grocery Delivery From Whole Foods in an Effort to Take on Walmart"
Facebook has suspended tens of thousands of apps from its social network as part of an investigation into third-party developers that had access to its users’ data. The company announced the news Friday as a progress report on its efforts that began in March 2018 as a response to the 2016 scandal involving Cambridge Analytica, the analytics firm that harvested up to 87 million user accounts. After reviewing “million of apps” and suspending thousands, Facebook…"Facebook Review of Millions of Third-Party Apps Leads to Mass Suspension for Access to User Data"
As I typed out my review of the new Apple Watch Series 5 on Thursday night, I could tell just how late the hour was getting without even raising my arm to see the smartwatch full on. Turns out, the main new feature of the Series 5, which goes on sale Friday, Sept. 20 starting at $400, is also one of the best features Apple has ever added to its smartwatch: an always-on screen. For…"Apple Watch Series 5 Review: Always-On Is Always Great"