“Venture capitalists have supercharged surveillance, immiseration, and dispossession. Why should we trust them with so much power over the economy?”

Abolish Venture Capitalism

Venture capitalists have supercharged surveillance, immiseration, and dispossession. Why should we trust them with so much power over the economy? 

Times are changing.

Companies Unveil Details About Supply-Chain Financing Under New Rule

FASB disclosure rule reveals how and to what extent companies are using the finance tool. Critics say the reports, while compliant, don’t go far enough.

Chipmaking machine giant Applied Materials plans to invest up to $4B in a Sunnyvale, California, research facility over seven years to improve collaboration (Don Clark/New York Times) Main LinkTechmeme Permalink

Mark Zuckerberg says WhatsApp users can now edit messages up to 15 minutes after sending them; messages get an "edited" tag and time stamp for the change (Ivan Mehta/TechCrunch) Main LinkTechmeme Permalink

Meta unveils open-source AI models it says can identify 4,000+ spoken languages and produce speech for 1,000+ languages, an increase of 40x and 10x respectively (Rhiannon Williams/MIT Technology Review) Main LinkTechmeme Permalink

Experts say a ban on "forever chemicals", considered toxic for humans and the environment, could derail the EU's chip plans as there are no safe alternatives (Financial Times) Main LinkTechmeme Permalink

Poor experimental design, in my opinion. Also, I had no idea so many people struggle with introductory algebra. PROOF POINTS: Inside the perplexing study that’s inspired colleges to drop remedial math

PROOF POINTS: Inside the perplexing study that's inspired colleges to drop remedial math

The switch from algebra to statistics was a big factor in the CUNY experiment's success

Supply Chains on the agenda at the G7 Summit; Supply Chains are the engines of prosperity. Sunak says China is the ‘biggest challenge of our age to global security and prosperity’

Sunak says China is the ‘biggest challenge of our age to global security and prosperity’

British Prime Minister Rishi Sunak called China the “biggest challenge of our age to global security and prosperity” at the Group of Seven (G7) summit in Hiroshima, Japan on Sunday.  “China po…

Times are changing; Who’d think supply chains would be the topic of governmental discussions at the very highest levels? Of course, supply chains have been discussed implicitly all along. The difference now is that they are being put front-and-center in order to avoid confusion.

South Korean, German leaders agree to cooperate on supply chains, North Korea

The leaders of South Korea and Germany have pledged more cooperation in building stable supply chains and addressing the challenges posed by nuclear-armed North Korea. South Korean President Yoon Suk Yeol and German Chancellor Olaf Scholz met in Seoul on Sunday after flying in from the Group of Seven meetings in Japan. Yoon said a stronger supply chain partnership would help them cope with global economic instability and conflicts. He said the countries will work to advance trade relations in high-tech industries and clean energy, including semiconductors and hydrogen projects, and pursue opportunities in defense cooperation. Yoon said they also discussed North Korea, which has test-fired around 100 missiles since last year and accelerated its push to expand its nuclear arsenal.

Startup founders we have backed at REFASHIOND Ventures all know they can reach us anytime they need to talk something through. Anything. Anytime. “I don't care how you get here, just get here if you can.”