Zack Whittaker / TechCrunch: A website for cybercriminals lists 500+ allegedly stolen Snowflake customer credentials, including for environments belonging to Santander and Ticketmaster — Cloud data analysis company Snowflake is at the center of a recent spate of alleged data thefts, as its corporate customers scramble …
Eleanor Olcott / Financial Times: US VC firms are putting pressure on tech startups to ask their Chinese backers to divest as VCs anticipate tighter controls on foreign ownership from Washington — Start-up stakes are being sold to American investors in anticipation of Washington restricting foreign ownership
Wall Street Journal: Boston-based Seven AI, which uses AI to help companies combat cyberattacks, emerged from stealth and raised $36M led by Greylock at a ~$100M valuation — New company uses artificial intelligence to help enterprises combat cyberattacks — Venture firm Greylock Partners has led …
Amy Or / Bloomberg: Life360, owner of Bluetooth tracking device brand Tile, held onto its $27 per share offer price on its Nasdaq debut, after raising $155.3M in its US IPO — - Firm focusing on execution, but may be acquisitive: CEO Hulls — Intends to keep Australian listing on pension fund demand
Ivan Mehta / TechCrunch: TikTok is testing a streaks feature, which has become a status symbol on Snapchat, with select users in limited markets in order to increase engagement — In order to have users spend more time on the platform and ramp up engagement, TikTok is testing streaks that are similar to what people see on Snapchat.
Yoolim Lee / Bloomberg: The National Samsung Electronics Union, which has ~28,400 workers, goes on a strike for the first time in the company's history for one day over a pay dispute — - This is first strike in the company's 55-year history — “This a soft start and a symbolic move,” a union leader said
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