Felix Capital closes $300M fund to double down on DTC, break into fintech and make late-stage deals

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To kick off 2020$35 billion and $36 billion in 2019Felix CapitalAlthough it wasn’t something especially articulated in startup land at the time of Felix’s launch, what the firm was homing in on was a rising category of direct-to-consumer startups, essentially … Continued

Dutch court orders Facebook to ban celebrity crypto scam ads after another lawsuit

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A Dutch court has ruled that Facebook can be required to use filter technologies to identify and pre-emptively take down fake ads linked to crypto currency scams that carry the image of a media personality, John de Mol, and other … Continued

‘You’re trying to help drug dealers’: Zuckerberg faces angry lawmakers at Libra hearing

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US legislators condemn CEOs currency plans and question whether Facebook should be broken up Mark Zuckerberg faced hostile questioning in the US Congress from politicians of both parties as he sought to reassure them the planned digital currency Libra could … Continued

The Great Hack: Netflix doc unpacks Cambridge Analytica, Trump, Brexit and democracys death

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It’s perhaps not for nothing that The Great Hack — the new Netflix documentary about the connections between Cambridge Analytica, the U.S. election and Brexit, out on July 23 — opens with a scene from Burning Man. There, Brittany Kaiser, … Continued

Millions of Instagram influencers had their private contact data scraped and exposed

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A massive database containing contact information of millions of Instagram influencers, celebrities and brand accounts has been found online. The database, hosted by Amazon Web Services, was left exposed and without a password allowing anyone to look inside. At the … Continued