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Zoom settles with FTC after making ‘deceptive’ security claims

The Federal Trade Commission has announced a settlement with Zoom, after it accused the video calling giant of engaging in “a series of deceptive and unfair practices that undermined the security of its users,” in part by claiming the encryption was stronger than it actually was. Cast your mind back […]

Oracle’s TikTok and Zoom deals won’t move cloud market share needle significantly

While the overall cloud infrastructure market is booming having reached $30 billion last quarter worldwide, Oracle is struggling with market share in the low single digits. It is hoping that the Zoom and TikTok deals can jump start those numbers, but trying to catch the market leaders Amazon, Microsoft and […]

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Twitter and Zoom’s algorithmic bias issues

Both Zoom and Twitter found themselves under fire this weekend for their respective issues with algorithmic bias. On Zoom, it’s an issue with the video conferencing service’s virtual backgrounds and on Twitter, it’s an issue with the site’s photo cropping tool. It started when Ph.D. student Colin Madland tweeted about […]

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Roelof Botha shares what Sequoia’s Black Swan memo got wrong

In March, famed investment firm Sequoia Capital published the Black Swan Memo, warning founders about the potential business consequences of the coronavirus, which had not yet been labeled a pandemic. “It will take considerable time — perhaps several quarters — before we can be confident that the virus has been […]

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As it delists, Rocket Internet’s ill-fated experiment with public markets is over

It was all supposed to be so different. When Rocket Internet IPO’d in 2014 it was the largest tech company floatation in Europe for seven years. A year later it had lost $46 million and its valuation had dropped by 30%. Since then the German startup factory behind internet companies […]

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Epic Games launches a campaign (and lawsuit) against Apple

Epic Games is launching an all-out campaign against Apple and its App Store rules. Thursday morning, Epic Games introduced a new payment mechanism through a server-side update that allowed gamers to purchase Fortnite’s in-game currency directly, allowing the app to bypass Apple’s in-app purchase framework and the substantial cut that […]

Labster lands new cash to bring its virtual reality science lab software to Asia

You could Zoom call into your science class, or you could conduct a lab experiment in virtual reality. During the coronavirus pandemic, the latter has never felt more full of potential. The global need for learning solutions beyond Zoom is precisely why Labster, a Copenhagen-based startup that helps individuals engage […]

Human Capital: Uber and Lyft’s ongoing battle with the law and a brief history of diversity at Snap

Welcome back to Human Capital (formerly known as Tech at Work), which looks at all things labor in tech. This week presented Uber and Lyft with a fresh labor lawsuit as a judge heard arguments from Uber, Lyft and lawyers on behalf of the people of California in a separate […]

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Gumroad founder Sahil Lavingia launches new seed fund in collaboration with AngelList

Gumroad founder Sahil Lavingia has teamed up with AngelList to launch his debut $5 million rolling fund to invest in early-stage entrepreneurs. He is cutting $100,000 to $250,000 checks for startups and has a particular interest in B2B, SaaS, future of work, video and developer tools. Limited partners include Arlan […]