Financial Times:
Similarweb: active UK Telegram users hit 3.1M on July 29 and 3.7M on July 30 after a stabbing, as rioters turn to chat apps, up from 2.7M average in early 2024 — Messaging service, known for ‘hands off’ approach to content moderation, faces pressure to tackle extremist groups
South Korean prosecutors charge Kakao founder Brian Kim with stock manipulation during the takeover of SM Entertainment, after Kim was arrested in July 2024 (Bloomberg)
Bloomberg:
South Korean prosecutors charge Kakao founder Brian Kim with stock manipulation during the takeover of SM Entertainment, after Kim was arrested in July 2024 — – Prosecutors will lay out charges against Kakao founder Kim — The case has enthralled Korea’s internet and business sectors
A look at AI age scanners, which websites use to verify a person’s age by analyzing their facial patterns via webcam to help safeguard kids online (Drew Harwell/Washington Post)
Drew Harwell / Washington Post:
A look at AI age scanners, which websites use to verify a person’s age by analyzing their facial patterns via webcam to help safeguard kids online — “Age assurance” checks are increasingly popular among lawmakers trying to wall kids off from the open internet.
YouTube channels focusing on cars, like Car Throttle and Donut, have seen an exodus of popular on-camera talent, often after investors acquired their channels (Tim Stevens/The Verge)
Tim Stevens / The Verge:
YouTube channels focusing on cars, like Car Throttle and Donut, have seen an exodus of popular on-camera talent, often after investors acquired their channels — From Car Throttle to Donut, countless YouTube creators are fleeing. But is this a new trend or a tale as old as venture capital?
Anduril Industries raised a $1.5B Series F co-led by Founders Fund and Sands Capital at a $14B valuation, up from ~$8.5B after raising ~$1.5B in December 2022 (Axios)
Axios:
Anduril Industries raised a $1.5B Series F co-led by Founders Fund and Sands Capital at a $14B valuation, up from ~$8.5B after raising ~$1.5B in December 2022 — – Sands Capital and existing investor Founders Fund co-led the Series F round, which is at a 65% post-money premium to where Anduril last raised money in late 2022.
Sources: Google and Meta ran a pilot program in the US in May 2024 to target Instagram ads to teenagers on YouTube, which prohibits targeting ads to under-18s (Financial Times)
Financial Times:
Sources: Google and Meta ran a pilot program in the US in May 2024 to target Instagram ads to teenagers on YouTube, which prohibits targeting ads to under-18s — Campaign on YouTube to boost Instagram’s appeal to young people skirted search group’s rules for marketing to under-18s
An interview with Mozilla interim CEO Laura Chambers on investing in Firefox, privacy-preserving ad measurements, becoming less dependent on Google, and more (Jared Newman/Fast Company)
Jared Newman / Fast Company:
An interview with Mozilla interim CEO Laura Chambers on investing in Firefox, privacy-preserving ad measurements, becoming less dependent on Google, and more — But can it avoid upsetting its most loyal users along the way? — Last month, Mozilla made a quiet change in Firefox that caused some diehard users to revolt.
A group of VCs, including Reid Hoffman and Ron Conway, hosted a “VCs for Kamala” Zoom call to support Harris’ campaign with up to 600 attendees, raising $150K (Lauren Feiner/The Verge)
Lauren Feiner / The Verge:
A group of VCs, including Reid Hoffman and Ron Conway, hosted a “VCs for Kamala” Zoom call to support Harris’ campaign with up to 600 attendees, raising $150K — It started with a “rage tweet.” — “Gonna start ‘VCs for Democracy,’” Leslie Feinzaig, founder and general partner at Graham & Walker, wrote on X in late July.
Researchers: hackers have used an 18-year-old flaw in how Safari, Chrome, and Firefox on macOS handle queries to a 0.0.0.0 IP address to breach private networks (Thomas Brewster/Forbes)
Thomas Brewster / Forbes:
Researchers: hackers have used an 18-year-old flaw in how Safari, Chrome, and Firefox on macOS handle queries to a 0.0.0.0 IP address to breach private networks — Weaknesses in Chrome, Firefox and Safari gave hackers a route into internal networks, even those protected by firewalls, security researchers warn.
Techstars lays off 17% of its workforce, and says it will end the JP Morgan-backed $80M Advancing Cities fund after it is fully deployed at the end of 2024 (Dominic-Madori Davis/TechCrunch)
Dominic-Madori Davis / TechCrunch:
Techstars lays off 17% of its workforce, and says it will end the JP Morgan-backed $80M Advancing Cities fund after it is fully deployed at the end of 2024 — Techstars is laying off 17% of its workforce and will end its $80 million J.P. Morgan-backed AdvancingCities program once the fund …