7957e52d44b0445e63e3959104f0455249088fe0 Injection University Tech Power

Contrary To Popular Opinion, Most Teens Get Real Value Out Of Social Media

Nov 29, 2022

from the the-data-disproves-the-moral-panic dept There’s this narrative out there that “it has been decided” that social media is “bad for children” and that it is such a big danger that “regulation is needed.” A few months ago, we wrote about a Berkeley professor who claimed that this was settled and that there was “no longer any question as to the nature of the harm to children around the globe.” In that post we went through all of the linked research showing it proved not ...read more

Amazon shopping has gotten worse and less reliable thanks to ads

Nov 29, 2022

The big picture: If it wasn't obvious, Amazon has somewhat confusing methods for promoting specific products to customers. People have begun to notice how seemingly broken shopping on Amazon has become in recent years due to "sponsored products" and items that Amazon touts as "highly rated." As we get closer to the holiday season, millions of people are either beginning, continuing, or wrapping up their shopping sprees. Amazon is no stranger to the influx of orders and deliveries during this ...read more

The EV Transition Explained: Can the Grid Cope?

Nov 29, 2022

There have been vigorous debates pro and con in the United States and elsewhere over whether electric grids can support EVs at scale. The answer is a nuanced “perhaps.” It depends on several factors, including the speed of grid-component modernization, the volume of EV sales, where they occur and when, what kinds of EV charging are being done and when, regulator and political decisions, and critically, economics.The city of Palo Alto, Calif. is a microcosm of many of the issues involved. Pa ...read more

Move over, operators — consultants are the new nontraditional VC

Nov 29, 2022

Operating experience has become a buzzword over the last few years as venture capitalists pump up their resumes in a quest to set themselves apart from other sources of startup capital. Now, it seems that we are seeing the next evolution of that trend. This year has seen a wave of startup consultant firms looking to raise venture funds of their own to take stakes in companies they are already working with or that align with their practice. In theory, this makes total sense because both c ...read more

NY Times Aptly Illustrates How The AT&T Time Warner Merger Was An Even Bigger Mess Than You Probably Realized

Nov 29, 2022

from the nobody-wins,-everybody-loses dept Mon, Nov 28th 2022 12:06pm - Karl Bode The ATT Time Warner and DirecTV mergers were a monumental, historical disaster. ATT spent $200 billion (including debt) to acquire both companies thinking it would dominate the video and internet ad space. Instead, the company lost 9 million subscribers in nine years, fired 50,000 employees, closed numerous popular brands (including Mad Magazine), and basically stumbled around incompetently for several year ...read more

Southeast Asia insurtech Igloo increases its Series B to $46M

Nov 29, 2022

Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. The first tranche of $19 million was announced in March, and led by Cathay innovation with participation from ACA and returning investors OpenSpace. The newest round was led by the InsuResilience Investment Fund II, which was launched by the German development bank KfW for the German Federal Ministry f ...read more

AWS makes Lambda cold start latency a thing of the past with SnapStart

Nov 29, 2022

At its re:Invent kickoff keynote tonight, AWS announced a small but important update to Lambda, its serverless platform, that tackles one of the most common issues with the service. Typically, when a function isn’t used for quite a while, Lambda will shut the virtual machine down — and despite improvements like faster Firecracker microVMs, this still takes a while. Now, with SnapStart, AWS is addressing this by creating snapshots of a customer’s Lambda functions and then simply star ...read more

AWS launches Graviton3E, its new Arm-based chip for HPC workloads

Nov 29, 2022

At its traditional evening keynote at re:Invent, AWS tonight announced quite a bit of new hardware in its cloud, starting with a new version of its Nitro hypervisor, new instance types, and a new version of its custom Arm-based Graviton chips which was specifically designed for powering high-performance computing workloads. This new Graviton3E chip — a variant of the existing Graviton line — promises significant performance improvements, including 35% better performance for workloads ...read more

Over 90 Organizations Tell Congress Not To Support Dangerous ‘Kids Online Safety’ Bill

Nov 29, 2022

from the it's-not-for-kids-and-it's-not-about-safety dept We’ve written a number of posts about the problems of KOSA, the Kids Online Safety Act from Senators Richard Blumenthal and Marsha Blackburn (both of whom have fairly long and detailed histories for pushing anti-internet legislation). As with many “protect the children” or “but think of the children!” kinds of legislation, KOSA is built around moral panics and nonsense, blaming the internet any time anything bad happens, and ...read more

AirTree and Greycroft return to lead Australian regtech FrankieOne’s Series A+

Nov 29, 2022

FrankieOne, a Melbourne-based startup that provides an API platform for identity verification and fraud detection, said it has added $23 million AUD (about $15.4 million USD) in a Series A+, taking its Series A’s total to $45 million AUD (about $30 million USD). FrankieOne says this is the largest amount of VC funding raised by an Australian regtech so far. The funding included a group of returning investors, including lead backers AirTree Ventures and Greycroft, and participants Reinventure ...read more