Here’s a summary of the article:
This week’s review highlights significant news, including a data breach at Coinbase where personal customer information was stolen. The hackers are demanding $20 million, but CEO Brian Armstrong refuses to pay.
Chime has filed for an IPO, but details are sparse. We learned about their partnership with the Dallas Mavericks since 2018.
Inventwood has developed “Superwood,” a strong wood alternative to steel, aimed at creating structural beams from wood chips.
Granola, an AI note-taking app, raised $43 million in Series B funding amid growing popularity.
Y Combinator (YC) has claimed that Google acts as a monopoly, hindering innovation, but doesn’t seek a breakup of the company.
Microsoft laid off 6,500 employees (3% of its workforce) despite reporting strong quarterly revenues.
In tech announcements, Google will integrate Gemini into cars with Android Auto, enhancing smart assistant capabilities.
Uber launched Route Share, a shuttle service for commuters, with future plans for self-driving vehicles.
Lastly, a new startup focused on blood tests for health optimization is being pitched by Billy Evans, associated with Theranos.
The article concludes with a mention of Uber’s effort to expand its subscription program through weekly discounts.
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