Tech News
Tech News and Analysis from around the web

Matthew Leising / Bloomberg:
Digital Asset Holdings, which develops blockchain-based apps for banks and other businesses, raises $120M from 7Ridge and Eldridge — - Investment in crypto firms in 2021 is breaking records — CEO Rooz says half of new customers only want help with data

Wall Street Journal:
EU proposes strict AI rules, banning “high-risk” uses of AI such as mass surveillance, with non-compliant companies fined up to 6% of annual global revenues — EU is proposing one of the first laws globally to regulate the use of artificial intelligence for applications like hiring and policing

Ingrid Lunden / TechCrunch:
ActiveCampaign, which helps businesses automate email marketing, CRM, and ad campaigns, raises $240M Series C led by Tiger Global at a $3B+ valuation — As businesses continue to adopt new digital tools to get their names out into the world, a startup that's built a sales …

Sean Hollister / The Verge:
How Kosta Eleftheriou became a one-man App Store fraud squad, by looking for top grossing apps with fake user reviews and ridiculously high subscription prices — A one-man Bunco Squad is poking holes in Apple's App Store image — Recently, I reached out to the most profitable company …

Ingrid Lunden / TechCrunch:
Belgium-based Deliverect, which helps restaurants manage orders from various delivery services in one app, raises $65M, bringing its total raised to $90M — Restaurants rode a wave of usage of food delivery services like Deliveroo, Uber Eats and DoorDash in the last year …

Haroon Siddique / The Guardian:
Former children's commissioner for England sues TikTok, alleging that it illegally collects the personal info of child users because “kids can't give consent” — Former children's commissioner for England launches case against video-sharing app

Ingrid Lunden / TechCrunch:
Instagram is rolling out tools to filter out abusive DMs based on keywords and emojis, and to block users along with any new accounts they may create — Facebook and its family of apps have long grappled with the issue of how to better manage — and eradicate — bullying and other harassment …

Stack Overflow Blog:
Stack Overflow: 25% of its visitors copy text within 5 minutes of hitting one of its pages and 40.6M copies were made across 7.3M posts from March 26 to April 9 — They say there's a kernel of truth behind every joke. In the case of our recent April Fools gag, it might be more like an entire cob, perhaps a bushel of truth.

Anna Kramer / Protocol:
Google data center contractors say they sign up for two year contracts, but to keep the same job they are required to leave for six months before reapplying — Shannon Wait felt a muscle pull in her shoulder as she knelt to lug a 50-pound battery into its rack, but she ignored the pain and kept going.

Rita Liao / TechCrunch:
Beijing-based Laiye, which develops robotic process automation software, raises $50M Series C+ — Robotic process automation has become buzzy in the last few months. New York-based UiPath is on course to launch an initial public offering after gaining an astounding valuation of $35 billion in February.

Joseph Cox / VICE:
Facebook says a vulnerability that lets attackers find a Facebook profile given an email address is still active after being “erroneously closed out” — A video shared with researchers and Motherboard shows a tool linking email addresses to Facebook accounts. — Joseph Cox

Rebecca Szkutak / Forbes:
Archipelago, an AI-driven data analytics company focused on commercial property risk management, raises $34M Series B led by Scale Venture Partners — Hemant Shah has built a three-decade career working exactly two jobs — both in an area called risk management.

Tom Warren / The Verge:
Microsoft introduces new settings in Outlook to allow breaks between back-to-back meetings after its own research showed that “digital overload is real” — Back-to-back meetings can now have a break in between — Microsoft is updating Outlook to give companies the option …

Bloomberg:
Sources: UiPath priced its IPO at $56 per share, above its target range, raising $1.3B and giving it a $29B valuation — UiPath Inc., an automation software maker, and its shareholders raised more $1.3 billion in an initial public offering, pricing the shares above a marketed range, according to people familiar with the matter.

Abner Li / 9to5Google:
Google says it will audit WebView and implement a WebView “Safe Mode” after a bug impacting WebView and Chrome caused many Android apps to crash last month — Following Android users worldwide experiencing repeated app crashes last month, Google today released an explanation behind …
At 4:15 PM Eastern.
That the verdict is coming in so quickly that imho means it's a guilty verdict. Here's why.
- Given the strength of the evidence and the fact that there are four black people on the jury, it couldn't be unanimous acquittal.
- If it was a divided jury, they couldn't be adjourning so quickly, the judge wouldn't let them.
- Therefore the only situation that makes sense, at this point, is a unanimous decision to convict.
Happy 4/20 to all my hippie dippie dope smoking friends celebrating the big holiday. And remember what Freewheelin Franklin of the Fabulous Furry Freak Brothers says.
Freewheelin Franklin.