Monday, 28 February 2022

Watch Rocket Lab launch a StriX satellite from its new launch pad in New Zealand live

For its first launch of 2022, Rocket Lab is sending to orbit a StriX satellite for Japanese company Synspective via an Electron rocket this afternoon, and you can watch it take off right here. The mission, named “The Owl’s Night Continues,” will also be the first launch from the company’s newly built Pad B at its New Zealand complex.

The mission marks Rocket Lab’s second for Synspective; the first, “The Owl’s Night Begins,” successfully deployed a StriX satellite in December of 2020. These satellites, named after the Strix genus of owl, are part of Synspective’s planned constellation of 30-plus synthetic aperture radar (SAR) satellites that will observe minute changes on the Earth’s surface for urban development, infrastructure monitoring and disaster response. Following today’s mission, Rocket Lab will launch two more StriX satellites for Synspective, one more in 2022 and another in 2023.

“The Owl’s Night Continues” will launch from Rocket Lab’s Launch Complex 1 on New Zealand’s remote Mahia Peninsula via the recently completed Pad B. With the debut of the new pad — which joins Rocket Lab’s Pad A at the same facility and a yet-unused pad at Launch Complex 2 at the Mid-Atlantic Regional Spaceport (MARS) on Wallops Island, Virginia — Rocket Lab hopes to increase its launch cadence.

Today’s launch will mark the 24th of an Electron rocket, and though its boosters have been recovered before, the company will not seek to retrieve this one during this mission. “We’re continuing to test systems associated w/ recovery, including enhanced batteries to boost performance of the 2nd stage to offset any mass gains associated with 1st stage recovery systems,” wrote Rocket Lab in a tweet.

“The Owl’s Night Continues” is scheduled for lift-off today at 20:37 UTC (3:37 PM EST), with a webcast on RocketLab’s YouTube channel starting approximately 20 minutes prior. Should the launch be called off today, the window remains open for the next two weeks. You can watch the livestream below:



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Georgian Oil Tanker Refuses To Refuel Russian Ship: 'You Have Oars — Row'

Georgia (the one in the Caucasus in Eastern Europe, not the one in the American south) knows a bit about what's going on now in Ukraine, having been forcibly annexed by the Soviet Union in 1922 until that blew apart around 1990. So it's no surprise when this Georgian oil tanker refused to refuel a Russian ship recently.

Source: Raw Story

Voice Of America reporter Fatima Tils posted a video showing a Georgian oil tanker refusing to help refuel Russian ships.

According to the video, the Russian ship asked to be refueled, begging, "Come on, let's leave politics aside." The Georgian ship refused, echoing the military message from those who refused to surrender to Russia on Snake Island.

How Ukraine is using crypto donations

On Saturday, Ukraine’s official Twitter account shared two cryptocurrency wallet addresses — a bitcoin wallet address and an Ethereum wallet address. “Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT,” @Ukraine wrote.

But it’s hard to know for sure who owns and operates these wallets — a public address is just a long string of letters and numbers. They don’t technically belong to anyone as someone can transfer the ownership of a wallet.

The first logical reaction to a tweet like that is that you should proceed with extreme caution. It is unclear if those wallets are run by a government member, a government agency, someone outside of the government who is informally facilitating crypto donations on behalf of the government, or someone pretending to be a government member.

But there are several reasons why it looks more likely than unlikely that the Ukrainian government is in control of the funds received on these wallet addresses. First, the tweet hasn’t been deleted, which most likely rules out the possibility that @Ukraine has been compromised. People running the official government account would have removed the tweet relatively quickly if somebody had hijacked the account.

Second, other people shared those wallet addresses, starting with Ukraine’s Vice Prime Minister and Minister of Digital Transformation Mykhailo Fedorov. “Stand with the people of Ukraine. Now accepting cryptocurrency donations,” Fedorov wrote.

Third, a spokesperson for Ukraine’s ministry of digital transformation confirmed that the tweet from @Ukraine is genuine. “Yes, these accounts are state-owned; we’ve created a special crypto fund,” a spokesperson told me in an email.

And many people have already sent crypto assets to those addresses. This part is easier to figure out as you can simply enter the public addresses into a blockchain explorer to see the list of incoming and outgoing transactions.

At the time of writing, we can see on Etherscan that the Ethereum wallet received around 6,800 transactions. Similarly, there have been over 7,000 transactions related to the bitcoin wallet address.

People sent 153 BTC and 2,230 ETH, currently worth $6.29 million and $6.27 million respectively. Some donators also sent Ethereum-based crypto assets, such as USDT and USDC.

It’s worth noting that some members of the crypto community also started their own fundraising efforts. Michael Silberling put together a dashboard on Dune Analytics to track crypto donations to the @Ukraine-backed Ethereum wallet address, but also to other community-led projects.

When it comes to outgoing transactions, large sums of ETH have already been transferred to Kuna, a cryptocurrency exchanged based in Kyiv.

“Kuna.io is providing technical support for the Ukrainian fundraise,” a Kuna spokesperson told me in an email. “All funds are safe and are being directed for the government need as requested.”

Kuna founder Michael Chobanian has mostly been active on Telegram, but he recently created his own Twitter account to share details about the donations. (The Kuna team confirmed in an email that the account is a legitimate account.)

Chobanian started sharing progress updates on the fundraising effort:

There are still a few outstanding questions. Which currency are the crypto assets exchanged for? And how are these funds spent?

TechCrunch has asked the Ukrainian government more details about the funds. We’ve also reached out to Kuna’s Michael Chobanian but haven’t heard back at the time of writing.

In other words, there will be room for more stories on the topic. But it’s already interesting to see how a tweet containing a handful of crypto wallet addresses started a large-scale fundraising campaign with donors from all around the world in a matter of hours.



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Ukraine Amb: Putin Should Kill Himself In A Bunker Like Hitler In 1945

Ukraine's Ambassador to the United Nations told the U.N. General Assembly Emergency Meeting that if Putin wants to die, he should emulate Hitler and pull the trigger himself in a bunker.

Sergiy Kyslytsya blamed Russia, and Russia only, for the invasion of Ukraine -- and equated it to the Nazi party and WWII.

Kyslytsya was especially aghast at the Russian dictator after Putin ordered Russian nuclear deterrent forces to be put on alert Sunday.

Kyslytsya said, "What a madness. If [Putin] wants to kill himself, he doesn’t need to use [a] nuclear arsenal. He has to do what the guy in Berlin did in a bunker in May 1945.”

The anger that the people of Ukraine feel is palpable. They are putting up a valiant fight against Russia and the world is with them.

Mostly. Except for Fox News and other GOP members of Congress that look up to Putin as a hero.

At least one protestor agrees:

The latest list of YC-backed companies worth over $150M is the most geographically diverse yet

In 2018, Y Combinator released its first mega list of the top companies valued at $150 million or more that have gone through the accelerator.

Over the past four years, it’s updated the list to reflect the current status of its most valued companies. Valuation isn’t the best way to measure a startup’s success or real-life value, of course, and YC has always admitted that. Yet, as the accelerator points out, “it’s the most commonly available metric to compare companies in the startup world.”

Thus, the original list of 101 companies has ballooned to 267 companies as of February 2022 (YC list isn’t exhaustive; some founders opt out of being listed).

Many factors are responsible for this growth. One is the increasing size of YC cohorts and the acceptance of companies both within and outside the U.S. There were 141 companies from 24 countries in the winter 2018 batch, compared with 377 companies across 47 countries in the summer 2021 group. The second is that companies YC backed four to five years ago, after raising a series of venture capital rounds, are now commanding huge valuations that they didn’t have in 2018.

What this means is that more companies, particularly outside the U.S., have joined this desirable list. Case in point: No African company made the list in 2018. Now, there are six.

Of the 267 companies valued at $150 million or more, over 60 of them (private and public) are valued at $1 billion or more. The top 10 are Airbnb, Stripe, Coinbase, Instacart, DoorDash, Cruise, OpenSea, Faire, Brex and GitLab (OpenSea, Brex and GitLab represent the crème de la crème of the 11% that are remote companies).

YC says 16% of the companies in its current list (44 out of 267) are based outside the U.S., compared to its first list, which included just seven non-U.S. companies.

According to the accelerator, six new countries home to these companies are making their appearance for the first time: Algeria, Tunisia, Senegal, Chile, Brazil and Singapore. And of the companies that are new to the list, 28% are outside of the U.S.

Regions with the most growth from 2021 are India, Latin America and Africa, the accelerator notes. There are eight Latin American companies, with six new to the list; of Africa’s six representatives, five are new to the list; and India has 10 companies, of which three are making their entrance for the first time.

“We always said YC is founded on the principles that talent is globally distributed. It’s all about investing in the best founders that have a unique insight and are willing to crack on those problems,” Anu Hariharan, partner at YC Continuity Fund, the accelerator’s growth stage fund, told TechCrunch. “We don’t even have any presence anywhere outside the U.S., but the formula is working, which tells us that generational companies are being built everywhere, not just in the U.S.”

Asides from the U.S., no other country has more YC representatives than India. The South Asian nation is also responsible for producing the first company based outside the U.S. to be ranked in the top 10 most valuable private YC-backed companies: Razorpay. The fintech, which is 14th overall on the list, was valued at $7.5 billion after its latest round.

Razorpay was one of the earliest startups backed in India alongside Meesho (23rd), the second most valuable YC-backed company in India. Now, the country is home to over 100 YC-backed companies.

Hariharan, who is Indian American, said this progression is a ripple effect of the success of YC’s earliest companies in the country. According to her, when one or two YC-backed companies in a region begin to scale while raising huge amounts of capital, it inspires other founders to apply to YC. India accounts for the second-largest volume of applications to YC.

“What does it take fundamentally, to start a startup, it’s courage,” she said. “India has a large concentration of software developers, and they, of course, can start a company. But you need courage to start a company versus going and doing a job. So when they see their peers like Razorpay doing so well, you start seeing a lot more people saying, ‘Let me at least try and work on a startup,'” said the partner, whose YC Continuity Fund has backed Razorpay and newer Indian upstarts Groww (39th on the list) and Zepto (114th).

Other Indian companies on the list include Khatabook (110th), Instawork (115th), Clear, formerly Cleartax (127th), OkCredit (177th), Cashfree Payments (224th), and Fampay (264th).

The same phenomenon can be said for Latin America and Africa. Colombia’s Rappi, the super app valued at $5.25 billion and 21st on the list, and Nigeria’s Flutterwave, the payments company that recently reached a valuation of $3 billion and is 36th on the list, opened the door for other companies across both regions to get into YC.

Rappi and Flutterwave have been on the list since 2018 and 2019, respectively. Other companies in Latin America include Frubana (103rd), Kovi (143rd), Nowports (160th), Fondeadora (180th), Fintual (227th), Houm (232nd) and Belvo (255th).

In Africa, there’s Wave, the spinoff company of WorldRemit-subsidiary Sendwave at 54th, Reliance Health (204th), Stripe-acquired Paystack (233rd), Yassir (247th) and Kudi (263rd).

There’s no doubt that this new crop of multimillion- and billion-dollar companies from emerging markets will continue to grow considering YC’s intention to increase its batch to 1,000 startups and double down on these regions with its new sweetened deal. However, one would be too optimistic to think they’ll grow at a fast pace (the percentage of companies headquartered outside the U.S. last year was 14%, compared to 16% this year).

That said, although Y Combinator seems not to have cracked the code on the diversity front with respect to founders’ representation, it has made some headway in the geographic representation of its most valuable companies.



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Sunday, 27 February 2022

Future Retail, Amazon’s estranged partner in India, scales down operations

Future Retail, India’s second largest retail chain, is scaling down its operations to reduce losses, it said, the latest casualty in its years-long battle with estranged partner Amazon.

The firm, led by Kishore Biyani, said in filings to the stock exchanges that it has been finding it “difficult to finance the working capital needs,” and its losses at store level are “increasing” and of “grave concern.”

Future Retail has lost about $593 million in the last four quarters, it said in the filings.

The admission follows a local media report that said Reliance Industries – which entered into a now-hotly contested $3.4 billion deal to acquire several operations of Future Retail – was taking over about 200 of Future’s 1,700 stores and absorbing as many as 30,000 workers of the smaller retail giant after brokering deals with landlords.

Reliance will rebrand those outlets as its own, Business Standard reported. Reliance Industries had no comment.

India’s Future Retail operates over 1,700 stores across brands including Big Bazaar. On Sunday, Big Bazaar told customers that its stores were not operational for two days.

Reliance Retail operates the largest retail chain in India. Shortly after it announced that it will acquire Future Group’s retail, wholesale, logistics and warehousing businesses, things started to get complicated.

Amazon, which had invested in one of Future Group’s units three years ago, accused Future Retail of violating its contract and approached the Singapore arbitrator to halt the deal between the Indian firms.

At the time of the partnership with Amazon, a Future Group spokesperson said the American giant’s investment “provides an opportunity for us to learn global trends in digital-payments solutions and launch new products.”

Amazon’s deal with Future Retail had given the American e-commerce giant the first right to refusal on purchase of more stakes in Future Retail, Amazon has argued.

The Indian firms, in return, said in 2020 that the Singapore’s court order wasn’t valid in the South Asian market. India’s watchdog Competition Commission of India also approved the deal between the Indian firms.

In August last year, India’s Supreme Court ruled in favor of Amazon to stall the sale of Future Retail.

“The ongoing litigation initiated by Amazon in October 2020, and which is continuing for the last one and a half years, has created serious impediments in the implementation of the Scheme, resulting in severe adverse impact on the working of the company,” Future Retail told  (PDF) the stock exchange.

Amazon identifies India as a key overseas market. The firm, which has invested over $6.5 billion in its India operations, has also bought stakes in More chain of supermarkets and hypermarkets and department-store chain Shoppers Stop in the country.



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GOP Rep's 'Woke Sky' MAGA Word Salad Stumps Dictionary.com

Rep. Clay Higgins (R-Dumbfkistan) spewed out a tweet that no MAGA translator could parse, not even the actual dictionary itself. See if you can do it:

You millennial leftists who never lived one day under nuclear threat can now reflect upon your woke sky.
You made quite a non-binary fuss to save the world from intercontinental ballistic tweets.

It's not even poetry. It's just...MAGA spew.

Dictionary.com was nonplussed, writing: "We’re not entirely sure what this tweet is supposed to mean, and we’re literally the dictionary."

But honestly, the replies are just gold. This dude is a monumental idiot who thought stringing together a bunch of winger epithets aimed at people who aren't racist jerks like him would be something cool to do, and he found out otherwise.

AOC:

Donald Trump Jr. Talks Drug Use: 'Crack Is Not Really My Thing'

Donald Trump Jr. suggested on Sunday that he did not like the drug crack because it's "not really my thing."

During a speech to CPAC, Trump made multiple references to the scandals surrounding Hunter Biden.

"There are consequences to being on our side, right?" he told the crowd. "If there weren't, I'd become an artist and sell my crap for half a million dollars. If there weren't, I would take a billion dollars from China knowing that that's just fine."

"I'd have a laptop with all of our enemies and it won't matter," he added. "Crack's not really my thing but if it was, it would be fine if I was on that side."

Watch the video below.

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Ukraine takes the resistance to cyberspace, assembling an “IT army” to hack sites from Russia and its allies, calls on tech leaders to get involved

As Ukraine continues to make efforts to mobilize and equip ordinary citizens on the ground to resist Russia’s unprovoked invasion of the country, those who are outside Ukraine who want to help are being asked to get involved in the fight in the virtual world. While the G7 (today with the addition of Japan) mobilize to shut down Russia’s access to the Swift banking system, the country has been running campaign corralling developers to join an “IT army” tasked with specific cyber challenges. It’s also making specific calls to technology leaders to do their part, too.

The “IT Army of Ukraine“, announced yesterday and already with nearly 184,000 users on its main Telegram channel (and that number is growing – it gained almost 10,000 users in the time I wrote this story), is using that account to name specific projects and call-outs for help to shut down Russian sites, Russian agents and those working in concert with the country, and to mobilize those living in Ukraine around work they can do. (It also has a gmail address for those not using Telegram: itarmyua@gmail.com. We have reached out to that address to see if the organizers would speak with us more about the project.)

And it seems to be making some progress. A call out on the channel to shut down the API for Sberbank, one of Russia’s major banks, earlier today appears to have come into play, with the site currently offline. Ditto Belorussia’s official information policy site, which it says was also taken offline after a call out on the channel. It’s taking the tongue-in-cheek approach similar to the one adopted by Anonymous and other activist hacker groups when going after specific targets.

“‘Unbelievable cyberattacks hit Russian governmental services portal, Kremlin, Parliament, First Channel, Aerospace, Railroad websites on February 26th,'” it notes citing Russian media. “‘Fifty plus DDoS-attacks contained over one terabyte capacity.’ Who has done that? ;) what a pity accident.”

The effort is getting discovered by word of mouth, but also with endorsements from government officials Tweeting out the link. (However it’s not clear that the government is actually behind it.)

“We are creating an IT army. We need digital talents,” Mykhailo Fedorov, who is both Ukraine’s Vice Prime Minister and Minister for Digital Transformation, noted on Twitter. “There will be tasks for everyone. We continue to fight on the cyber front. The first task is on the channel for cyber specialists.”

Fedorov has not been wasting his words on Twitter. He’s also been singling out Mark Zuckerberg and Elon Musk to use their platforms and existing products in aid of the efforts, respectively to ban access to Facebook platforms in Russia, and to extend Starlink access to Ukraine to give users a data backup. Success is a mixed bag: Musk has said the Starlink satellites have been trained over Ukraine now; but the Facebook ask seems to be going a little slower (ads have been banned but it seems access has not been, at least so far).

Fedorov also gave DMarket, where people trade NFTs and other virtual goods, a namecheck for freezing accounts for users from Russia and Belarus, because the proceeds could be used to support their efforts against Ukraine.

The country’s position on cryptocurrency platforms has been pretty bullish overall, with the official Ukraine Twitter account yesterday publicizing addresses to take donations in Bitcoin, Ethereum and Tether (USDT). Many people assumed the account was hacked, although that Tweet has now been pinned and seems serious. Still, in the scramble there’s no certain information about how those funds would get extracted, and what exactly they would be used to fund.

All of this speaks to how fast things move in tech, and just how much is dependent on it working. It’s an interesting counterpoint to the shutdown of the Swift financial messaging network — which ironically, may not be very Swift in coming, since it will need not just states to take a stand but then for the member institutions — Swift includes some 11,000 banks and other financial services companies across 200 countries — to switch off, too.

“SWIFT is a neutral global cooperative set up and operated for the collective benefit of its community of more than 11,000 institutions in 200 countries. Any decision to impose sanctions on countries or individual entities rests solely with the competent government bodies and applicable legislators. Being incorporated under Belgian law, our obligation is to comply with related EU and Belgian regulation,” Swift said in a statement provided to TechCrunch. “We are aware of the Joint Statement by the leaders of the European Commission, France, Germany, Italy, the United Kingdom, Canada, and the United States in which they state they will implement new measures in the coming days with respect to Russian banks. We are engaging with European authorities to understand the details of the entities that will be subject to the new measures and we are preparing to comply upon legal instruction.”

Make no mistake: losing Swift access is a big deal and will deprive Russia and its companies of being able to transact for buying and selling goods. But the last blockade of this kind was made against Iran and it took years for it to go into full effect,.

“Being banned or removed from Swift would have a definite impact, since there are not many alternatives to that point to point network,” Virginie O’Shea, an analyst and founder at fintech consultancy Firebrand Research, told TechCrunch. She noted that Russia had previously tried to set up its own internal network for Russian banks, but it doesn’t extend internationally at this point. “It takes time and hoops to jump through [to set something like Swift up].”

As with Iran, there will be huge implications for other countries, especially those who rely on Russia for products like gas and energy, which is one reason why implementing the Swift resolution might take time to come through. “If you think about it from the perspective of oil and gas, you are hampering paying for those services, so you’d impact those countries as well as Russia.”



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Fox Host Whacked By Klobuchar For Supporting Trump's Putin Fetish

On Fox News Sunday, guest host Harris Faulkner suddenly tried to promote Trump's unhinged CPAC speech while interviewing Sen. Amy Klobuchar about what is being done by the country and the world to stop Putin's invasion of Ukraine.

Faulkner interviewed Klobuchar, who was in Ukraine in January, to discuss the Russian invasion of Ukraine. Out of the blue, Faulkner inserted Trump's insane and rambling CPAC speech as if it's relevant to the war at hand.

I tweeted this Saturday and I received my answer today.

Klobuchar said the world was coming together with aggressive sanctions.

"[Putin] was betting we were all going to be divided, that we had no way to come together, and he is seeing the opposite," the senator explained.

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Reface, a viral face-swap app from Ukraine, adds anti-war push notifications

Reface, an a16z-backed synthetic media app that’s developed out of Ukraine, has added push notifications informing its ~200 million-strong global user-base about Russia’s invasion of the country — urging people to #StandWithUkraine, including by watermarking face-swapped videos created with the app.

All videos created in the app are now being watermarked with the Ukrainian flag and the #StandWithUkraine hashtag.

On first opening the app after this update, it also displays an image of civilians sheltering in Kyiv, with a caption that describes the picture as “evidence” of Russia attacking Ukraine.

The message also calls for Russia to be excluded from the SWIFT international banking payment system — in order to “stop the war”.

Reface said another incoming update to the app will urge all users to “Make a statement against war in Ukraine”.

It is also pointing users towards resources where they can help Ukraine.

[gallery ids="2277190,2277232"]

The startup began the anti-war campaign this weekend and so far it says 9 million messages have been sent out — with 2 million of those delivered to users in Russia.

It’s a surreal turn for an app which typically turns reality into fantasy by mapping users’ selfies onto video clips of famous people — letting consumers live out a few seconds of imaginary fun.

However with Reface employees experiencing Russia’s aggression first hand the team decided it needed to do something to raise global awareness of the situation and encourage people to protest.

Messaging with TechCrunch from Ukraine, co-founder Dima Shvets said: “Reface has started a massive informational campaign and sent push-notifications to all Russian users, showing the evidence of Russian attacks in our cities, asking people to stand with Ukraine and go for protests. Moreover, we’ve added in-app messages to the users from all over the world to support our country, and now every video made with our app has watermark with #standwithukraine and Ukrainian flag.”

“We understand how risky this campaign is, and are taking all of them. We’ve already got a lot of 1-star reviews and reports from those who were not ready to see the truth,” he added.

Reface is targeting specific messages to its 5.5 million users in Russia who are all being sent push notifications urging them to protest, as well as a link to a video showing a slideshow of war imagery from inside Ukraine — including several images of burnt out and bomb-damaged buildings, as well as photos of civilians trying to shelter.

Captions accompanying the slideshow in Russia read: “Wash disgrace from Russia’s face”; “We can stop the war together”; “Flood the streets”; and “Show the world that we are against it”.

“The initial goal is to spread the real information to Russians and encourage them to protest, as they don’t have an access to independent media or trust-worthy sources,” a Reface spokeswoman told us.

“We do understand the risks and take all of them but it’s such a small price to pay for our freedom. And we hope, App Store and Google Play will support us.”

Reface staffer working from Ukraine during the war

A Reface staffer who has remained in Ukraine sheltering in a subway (Image credits: Reface)

The Kremlin’s grip on mainstream media in Russia means Russia citizens are routinely exposed to state propaganda — such as Putin’s claim that the invasion of Ukraine is a “special military operation”, not an act of war and unprovoked aggression.

This means that many ordinary Russians may not have seen footage from inside Ukraine since Putin’s armed forces began bombarding the neighboring country from land, air and sea.

The Kremlin has also moved to prevent its propaganda outlets from being restricted by foreign mainstream social media platforms.

On Friday the Russian government said it is partially restricting access to Facebook — apparently in retaliation for the social media platform applying fact-checking labels to Kremlin-linked media outlets.

By taking a stand and denouncing Russia’s war in Ukraine, Reface could be risking similar action by Roskomnadzor. The Russian internet regulator could, for example, lean on Apple and Google to eject its apps from their mobile stores.

Back in September, the two tech giants bowed to pressure from the Russian state to remove a tactical voting app from their stores created by the organization of jailed Kremlin critic, Alexei Navalny.

Roskomnadzor had threatened them with fines if they did not remove the Smart Voting app.

The internet regulator has also previously targeted VPN apps to try to make it harder for Russian citizens to circumvent local blocks.

Russia’s information-shaping cyberOps expand far beyond hard blocks, though. And it is at least possible that the sudden influx of 1-star reviews for Reface since it added anti-war messaging is a coordinated action by Kremlin-backed disinformation agents attempting to discredit the app and discourage usage as part of wider anti-Ukraine propaganda efforts.

It’s also notable that, announcing a fresh package of sanctions in recent days, the EU added a notorious Russian troll factory (aka the Internet Research Agency) and its oligarch financier (Yevgeny Prigozhin) to its expanded list of sanctioned entities and individuals.

However Reface said it difficult to determine whether the negative reviews of its app since it went public with an anti-war message is a coordinated action or not. (It is — of course — entirely possible and probably quite likely that its decision to push anti-war messaging in what is otherwise purely an entertainment app has simply annoyed some of its users.)

Given the negative responses, Reface is urging people to support its ability to “keep informing the world about the current situation in Ukraine”, as it puts it, by helping it to “keep our rates in App Store and Google Play Store high”.

So even app ratings can be appropriated as a cyberwarfare propaganda battleground, it seems.

Reface staff working from Ukraine during war

Another Reface employee’s work space during war in Ukraine (Image credits: Reface)

Asked about the situation on the ground facing Reface’s team, many of whom are now working from a war zone, the startup told us that most of its staff are still in Ukraine. Although it said some were able to go abroad or have been working remotely abroad since December

Male employees are generally unable to leave the country since the invasion owing to government restrictions.

For those staff that have stayed, Reface’s spokeswoman said a lot have moved to Western Ukraine to try to find a safer location, while others have stayed in Kyiv “helping informationally and technologically from bomb shelters”.

Some have voluntarily joined the territorial defence forces, she also said.

“Despite the fact that the team was forced to split up, we have never been so united,” she told us, adding: “We are brave and strong enough and won’t let the Russian invaders destroy us. However, we won’t stop this war without full support from the world.”

Reface is urging world leaders to impose tougher sanctions on Russia and also provide more support to Ukraine (such as weapons).

On SWIFT, EU leaders had appeared to be wavering over a ban — but on Friday the bloc agreed on sanctions that exclude 70% of the Russian banking market, among a number of other measures (via Reuters).

Later this weekend — in a further step she described as “unprecedented” — the president of the European Union announced incoming measures against Russian state media mouthpieces, Russia Today (RT) and Sputnik (and their subsidiaries).

In the statement, Ursula von der Leyen said the Kremlin’s “media machine… will no longer be able to spread their lies to justify Putin’s war and to saw division in our Union” — adding that the EU is “developing tools to ban their toxic and harmful disinformation in Europe”.

It’s not clear exactly what the EU intends to do, nor how a ban would work in practice — whether it would apply not just to the TV channels themselves but to online platforms that host their content (such as YouTube) — or, indeed, whether it’s even meaningful to talk about blocking Russia’s propaganda machine in the porous (dis)information age — but the fact the bloc says it wants to try is notable.

In digital policymaking, EU lawmakers are often very wary of proposing measures where they could be accused of speech policing. But it seems that Putin has pushed them over that line.



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Saturday, 26 February 2022

LNMC With Tom Petty

This one goes out to President Zelensky and all of the brave men and women of Ukraine.

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Ukraine Aid Tops To-Do List For Congress When It Returns Next Week

Congress comes back into session next week with a problem: how to help Ukraine. They also have to come up with a government funding bill—the current funding resolution expires on March 11—and the Senate will be moving forward with President Joe Biden’s Supreme Court nominee, Ketanji Brown Jackson.

With Putin’s invasion of Ukraine a done deal, what Congress can do in the ponderous process it takes to get anything done is a big question; their response could just come too late. The Biden administration has already imposed harsh sanctions, with additional and very unusual sanctions explicitly against Vladimir Putin and Foreign Minister Sergei Lavrov announced Friday.

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Convoy Organizer Pat King Has Been Denied Bail

Another of the organizers that closed down Ottawa, Canada for over three weeks with their truck convoy goes down in the flames at his bail hearing. Not only were their questions about the woman who guaranteed his bail, but an old weapons offence was also enough for a judge to deny him bail.

Source: Ottawa Citizen

Justice Andrew Seymour made the decision Friday afternoon, saying King’s proposed surety isn’t suitable. The court heard earlier in the week that the woman put forward as King’s surety — the person responsible for supervising an accused person while they are out on bail — had only met the convoy organizer a few weeks prior and had travelled to Ottawa with him.

The decision comes after Seymour rejected a request from the Crown earlier in the day to bring forward new evidence that King allegedly breached court conditions in 2016 by purchasing a restricted handgun two days after an Alberta court ordered him to turn in his firearms.

A Crown Attorney put it this way:

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Black Woman Sentenced To 6 Yrs For Trying To Register To Vote Gets New Trial

I called Moses’ cases a “legal lynching” a few weeks ago because it bore all the markings of a deliberate attempt to terrorize and send a message of racial subjugation to other Black voters. While whites committing actual voter fraud have gotten probation or misdemeanors, Moses – who merely tried to register to vote – got six years.

Guardian reporter Sam Levine explains the case.

The prosecution’s case is built around the argument that Moses knew she was ineligible to vote because she was on probation, and people on felony probation in Tennessee cannot vote. Indeed, a few months before she tried to register, a judge had issued an order telling Moses her probation was ongoing. But nevertheless, prosecutors argued, she convinced a probation officer into signing a form saying she was eligible to vote and then knowingly submitted the document knowing it was false. “You tricked the probation department into giving you documents saying you were off probation,” W Mark Ward, the judge who sentenced Moses, said in January.

Moses, for her part, told me she did not know she was ineligible and her lawyers have said she went to the probation office genuinely seeking clarity about whether she could vote.

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CARTOON: The Spell Of Empire

Midday open thread below....

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Russian Vodka Pulled From The Shelves At Bars, Liquor Stores In US, Canada

Seeing a rash of videos online like the one above, Bill McCormick, owner of Pine Tavern in Bend, Oregon, pouring out his stock of Russian vodka. As he told KPTV, "Russia is acting as though it's 1939 and going into Europe with a full force that they have in the Ukraine."

Source: Fox News

Liquor stores across the U.S. and Canada have started throwing out their stocks of Russian vodka in protest of President Vladimir Putin’s invasion of Ukraine, according to reports.

In Ontario, Canada, Finance Minister Peter Bethlenfalvy directed the provincial Liquor Control Board to have stores remove Russian vodka and other alcoholic products, according to the Canadian Press.

"Ontario joins Canada's allies in condemning the Russian government's act of aggression against the Ukrainian people and we strongly support the federal government's efforts to sanction the Russian government," Bethlenfalvy said. "We will continue to be there for the Ukrainian people during this extremely difficult time."
...
Elsewhere in Canada, stores in Manitoba, New Brunswick, British Columbia and Newfoundland were also taking similar action.

The Nova Scotia Liquor Corporation removed Russian products from its shelves and website because of the "terrible events taking place."

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Startups scramble in wake of Ukraine invasion

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here.

I’m doing an abbreviated newsletter this week as I want to spend most of my energy amplifying the brave journalists on the ground reporting about this scary time. As so many have said — far more eloquently than me — the invasion of Ukraine is a story that impacts all of us, whether we’re on the ground there or not. And it’s hard to celebrate a funding round when scary times are the moment.

My brilliant colleagues put together a story on how the tech industry is responding to Russia’s invasion of Ukraine; I urge you to read it. While the situation is still ongoing, it’s clear that it’s already a tech story. And startups such as Grammarly, Ajax, People AI and Preply, backed by some of the world’s biggest VCs, are scrambling to support employees and operations amid the invasion.

What I’m hearing from sources is that startup founders are mainly offering financial assistance to employees who are in Ukraine or neighboring countries. The cash is supposed to help with fleeing the country. WhatsApp groups are also being formed between founders to see what is the best course of action; expect hubs with information on refuge or resources to roll out far and wide.

Then, there’s the startups that could actually make a dent in how consumers gain or share information amid a new war. One reaction of note is that of Cloudflare chief executive Matthew Prince, who said the company had “removed all Cloudflare customer cryptographic material from servers in Ukraine,” as a response to the new war. The move is an effort to protect customer data in case its data center, which opened in Kyiv in 2016, is compromised.

Michael Seibel, president of Y Combinator, asked a question on everyone’s minds: “Honest question, if US technology companies worked together right now – what could they do to deter Putin’s invasion?” As you can tell by the responses, there’s no perfect answer.

As my colleague Zack Whittaker put it, our mission at TechCrunch is staying the same. “We’re still a tech news pub with a focus on business, finance and startups. We still do that day in and day out, and the invasion is going to affect a lot of things. So, as you would with any other major event, we adjust our tone and we serve our audience the best way we can by telling them what they need to know.”

Reminder: You can always take a break, close this tab and give yourself grace. And, as always, you can support me by sharing this newsletter, following me on Twitter or subscribing to my personal blog.

Deal of the week

Gloria Lin, the brains behind ApplePay, has a new startup: Siteline. Senior reporter Mary Ann Azevedo, who is launching a fintech newsletter, gave readers a first look at the company that wants to combine construction with fintech.

Here’s why it’s important: Antiquated industries catching the ol’ fintech bug is anything but a new phenomenon, but it is always a signal when someone with a successful track record picks up the baton. The question is, can Lin bring her understanding of consumer fintech habits to an industry with complexities no one company has yet been able to crack?

Honorable mentions:

Digital generated image of split net/turbulence structure of artificial intelligence brain on purple surface.

Image Credits: Andriy Onufriyenko (opens in a new window) / Getty Images

The Great Realizations within the Great Resignation

On Equity this week, Alex and I spoke about the ripple effects of the Great Resignation, with a specific focus on the employee. We talked through what startups are facing today in terms of a labor market, how it has changed and how they might be able to compete with Big Tech’s big dollars. After all, is any company going to be able to beat Meta on comp? Probably not.

Here’s why it’s important: It appears that the forces driving more venture capital into early-stage companies are not too far from the causes of the labor shortage. Everyone is looking for a return, either on their labor, or their capital. And that means a tight hiring market, and picky workers.

Bring on the portable benefits:

Image Credits: Bryce Durbin / TechCrunch

Across the week

We get to hang out in person! Soon! Techcrunch Early Stage 2022 is April 14, aka right around the corner, and it’s in San Francisco. Join us for a one-day founder summit featuring GV’s Terri Burns, Greylock’s Glen Evans and Felicis’ Aydin Senkut. The TC team has been fiending to get back in person, so don’t be surprised if panels are a little spicier than usual.

Here’s the full agenda, and grab your launch tickets here.

​​Also, my dear colleague and first work best friend Chris Gates is moving on to other opportunities. My eyes have been puffy all week because there’s nothing quite like the relationship between a co-host and a producer. Thanks for editing out the ums and the likes, and for making me feel like I have something important to say. To those who want to follow Chris’ next step, follow him on Twitter and stay tuned for an episode next week in which we walk through his journey (and celebrate a huge Equity milestone).

Seen on TechCrunch

Your Android phone could have stalkerware, here’s how to remove it

Behind the stalkerware network spilling the private phone data of hundreds of thousands

The average person doesn’t have a chance with the smart home

Waymo to keep robotaxi safety details secret, court rules

SEC opens investigation into Elon Musk over possible insider trading

Seen on TechCrunch+

VCs weigh in on Europe’s future in the critical deep tech market

Dear Sophie: Startup visa news, H-1B and STEM OPT queries

14 climate tech investors share their H1 2022 strategies

Until next time,

N



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Friday, 25 February 2022

The idea that university degrees don’t matter is a Silicon Valley fantasy

Silicon Valley loves to celebrate the cult of the dropout — the inspired entrepreneur who decides that traditional education isn’t for her because it teaches her nothing of relevance, slows her down, and, in a world of readily available information, no longer gates learning resources like it once did.

Legendary advocates of the dropout cult range from Peter Thiel, whose Thiel Fellows program pays students to take a year out of college, to informal mascots like Mark Zuckerberg and Bill Gates, who never completed their college degrees but actually vigorously advocate for higher education.

My perspective on college admissions is informed by supporting thousands of ambitious students globally aiming to get into the world’s best universities and then seeing what happens next in their careers. Unless you are born into a privileged, well-connected family with substantial capital (which is often the vantage point many of the dropout cult advocates come from), your undergraduate degree from a top university is the most powerful socioeconomic opportunity that exists.

Silicon Valley’s undisputed leading startup accelerator is Y Combinator. Its prolific success ranges from huge hits like Coinbase, Brex, DoorDash, Airbnb and many more unicorns. Young aspiring entrepreneurs apply for Y Combinator in the hopes of receiving seed funding, mentorship and networking opportunities to help create the next unicorn.

To understand the cult of the dropout, I took a deep dive into who actually succeeds at Y Combinator, and the results nearly made me fall out of my chair – and I was already a big proponent for undergraduate degrees.

The dropouts are no ordinary dropouts – they had won places at the most prestigious universities in the world and took high school extremely seriously.

Firstly, demographics: The average Y Combinator founder that created a unicorn was 28.1 when they launched their company. However, the average Y Combinator founder of consumer technology unicorns was 22.5 (fresh out of college). When the founders of these companies are so young, often with no experience, you have to ask: How can Y Combinator bet so confidently on these talented young people? What is the signal that gives away their ability?

Image Credits: Jamie Beaton

The answer, in large part, lies with their degree. Only 7.1% of co-founders did not go to university. Only 3.9% of co-founders dropped out, and all of them left well-known institutions like Harvard, Stanford or MIT; gaining admission alone sends a powerful signal of their academic abilities. The dropouts are no ordinary dropouts – they had won places at the most prestigious universities in the world and took high school extremely seriously.

As for the vast majority? You guessed it: 35% of founders went to Harvard, Stanford, Yale, Princeton, MIT and UC Berkeley, while 45% of co-founders went to an Ivy League school, Oxbridge, MIT, Stanford, Carnegie Mellon or USC. Among co-founders who started their company before the age of 25, more than two-thirds went to an Ivy League school, Oxbridge, MIT, Stanford, CMU or USC. MIT is the most common university co-founders went to, followed by Stanford and UC Berkeley.

Where else did they go? A vast majority of the Indian unicorn founders went to the Ivy League of India: the Indian Institutes of Technology. Founders didn’t just stop at undergrad degrees – 35.7% of co-founders completed some form of postgraduate education.

In my book, I offer a key explanation for this phenomenon: signaling. This is a term coined by Gary Becker, a Nobel prize-winning economist. Essentially, the labor market is so competitive that it is too costly to figure out how talented everyone actually is. As a result, venture capitalists need to use short heuristics to figure out who to bet on.

An elite college degree means a young person spent thousands of hours on academics, extracurriculars and leadership pursuits over an extended period of time and was deemed of a certain quality by an admissions panel. This acts as the signal needed for accelerators like Y Combinator to quickly sort candidates into how promising they may be.

Not every Stanford undergrad will get into Y Combinator, but the hit rate from Stanford, MIT and Harvard dwarfs that of normal universities or folks applying without this level of education.

As I went about raising growth capital from some of the world’s top investors, I would often hear investors mentioning that certain founders were “investable” and others were not. As I dug into this definition, it often revolved around how compelling the academic credentials of the founder were. Did this person seem backable, and would the fund’s institutional investors scratch their heads or be supportive?

Peter Thiel is perhaps one of the loudest advocates for dropout hysteria. He himself received an undergraduate degree and a J.D. from Stanford. In my research, it is hard to find individuals who supported the university dropout path who didn’t themselves have the buffer of an elite institution.

Founders Fund, Peter Thiel’s personal venture fund, sounds like it should be the place to be for aspiring investors without an elite college education. A closer look reveals the opposite. Of the 18 people working at Founders Fund, there are 18 elite degrees, including six Stanford undergrads, a Harvard J.D., two Stanford MBAs, a Stanford J.D., a Cornell undergrad, a Yale undergrad, an MIT undergrad, a Duke undergrad and more. One investor got close: They won an award for “most likely to drop out” – but still finished their MBA.

The best advice is followed by those who give it — only then do you know it is battle-tested. If you aspire to be a unicorn founder and rock the world through entrepreneurship, the most effective launchpad is a top-tier university degree.



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Trump Ex-Chief Of Staff In 'Disbelief' That Prominent Republicans Praise Putin

General John Kelly, Donald Trump's former Chief Staff said he was in "disbelief" that prominent Republicans were praising the murderous Vladimir Putin.

"We’ve heard a lot of prominent Republicans – both in politics and in conservative media – praising Vladimir Putin, even calling him a genius,” CNN's Jake Tapper observed.

“What’s your response when you hear that?” Tapper asked Kelly.

"Disbelief,” Kelly replied. “[Putin] is a tyrant. He’s a murderer. He has attacked an innocent country whose only crime is that they want to be free and democratic and they’re working in that direction and have been working in that direction."

Kelly said Ukraine is a burgeoning democracy who worked along side the US and NATO as good partners.

"I can't imagine why someone would look at what's happening there and see it anything other than a criminal act," Kelly said.

If this was B.F. (Before Trump) this depraved behavior on the part of the GOP probably wouldn't be happening, except maybe for lunatics like Marjorie Taylor Green and Josh Hawley.

Kelly is ignoring the right-wing extremists that encompasses the entire GOP that hates gays, and believe it's the white man that's being discriminated against.

By the way, I think the GOP cares nothing for law and order any longer since Donald Trump was engaged in so many illegal and immoral acts.

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Day One Ventures adds climate-focused partner Sanjiv Sanghavi

Day One Ventures — which, among other things, invested in Superhuman, Truebill, DuckDuckGo and others — is bringing on ClassPass co-founder Sanjiv Sanghavi as a partner focusing exclusively on climate tech.

Sanghavi represents a goal for the fund to deploy 20% of its $50 million fund into early-stage companies focusing on solving climate issues. The firm has already invested in some climate-focused companies (including BluumBio and Living Carbon). Day One invests at the earliest stages of companies — pre-seed, seed and Series A — and the “smart money” part of the equation is that the firm has deep PR experience, and helps the companies it invests in by supercharging their communications.

“I think a part of my career has always been just when I’ve seen the next opportunity for personal growth, I’ve been a bit selfish. And I think I’ve taken that opportunity. And I’ve been really, really well rewarded for that in terms of just my own personal growth. The last stop I had was as the CPO at Arcadia, which is focused on energy transformation. We thought a lot about climate change holistically. When I joined Arcadia, I wasn’t the climate activist I am now,” explains Sanghavi, Day One Ventures’ newest partner. “Climate companies need to scale like technology companies. Day One is a generalist fund, for the most part — and by not being a climate-only fund, there is so much to learn from the rest of the portfolio. Lessons that we can bring to our portfolio companies.”

The focus on climate runs deep within Sanghavi, who points out that a lot of the conversation is about a 1.5 degree increase in average temperature, and the disastrous effects that would have. His take is that that number is a bit of a red herring.

“If we hit 1.4 degrees of global temperature rise, it’s not like nothing happens. Right? A lot of the impact of climate change is already happening. We’re seeing more fires and all kinds of damage to our planet,” says Sanghavi. “Agricultural protection, fire prevention, climate migration… It’s all front of mind. I mean, if we can’t migrate a small group of refugees easily, how are we going to deal with all of Miami, all of New York? How are we going to migrate?”

Day One typically writes $300,000-500,000 checks at the pre-seed and seed stages. The firm rarely leads rounds.

The timeline to a climate disaster event horizon is getting shorter and shorter, and Sanghavi believes that we are getting close to the time horizon where venture capital typically operates — typically in the 10-15 year range.

“And that’s an area where I think venture capital can help. Many of the smartest people in the world have not worked on [the climate change] problem before. I have a book here that was written in the 60s about climate change,” says Sanghavi. “What I’m saying is that this is not a new problem. People have been working on it for their full 50-year careers. What venture capital can do is bring more-naive people like me to the problem, so that they can combine their skills with those who have been working on it for years.”

We’re seeing a number of changes across the climate investment community — more funds are taking a longer-term approach, and more limited partners (the organizations and high net worth individuals who invest into VC funds) are shifting their attentions from purely financial return, to a triple-bottom-line approach. The general idea is that yes, profit is important, but it cannot be considered a “win” if it comes at the cost of people or the planet.

“I think we all know that climate change is happening now. And it’s going at a rate that it could be really bad for us. I think what’s really important is that we’re bringing a lot of talent into the space. If anything else gets solved, and climate change doesn’t, it doesn’t matter, right? So I don’t know, maybe I’ll say this: Anybody that’s working on anything should be working on climate change. And I can’t imagine why anything else could be more important.”



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Russia says it is restricting access to Facebook in the country

The Russian government announced Friday that it will begin to “partially restrict” access to Facebook, according to an announcement from its internet regulatory agency Roskomnadzor.

Russia claimed that it would implement the measures, which were not specified, after Facebook put its own restrictions on four Russian state-linked media outlets, the television network Zvezda, news agency RIA Novosti, and the websites Lenta.ru and Gazeta.ru.

“On February 24, Roskomnadzor sent requests to the administration of Meta Platforms, Inc. remove the restrictions imposed by the social network Facebook on Russian media and explain the reason for their introduction,” Roskomnadzor wrote, adding that Facebook “ignored” its requests.

Meta Global Affairs VP Nick Clegg elaborated on the situation on Twitter, indicating that the Russian request came in response to either Facebook’s fact-checking practices or its policy of labeling of state-run media accounts. “Ordinary Russians are using @Meta’s apps to express themselves and organize for action,” Clegg wrote.

Facebook did not respond to TechCrunch’s request for comment on the Russian government’s claims and what actions it may have taken against state-backed media on the platform. For now, it’s not clear what partial restrictions mean for Russian Facebook users or if those limitations would extend to Meta-owned platforms like WhatsApp and Instagram.

As Russia deepens its invasion of neighboring Ukraine, thousands of Russians have taken to the streets to demonstrate against the war — in most cases at great personal risk. It’s possible that the Russian government is seeking to tamp down anti-war sentiment online and further shape the narrative of the war, starting with one of the biggest U.S.-owned social networks.

In the U.S., there’s some support for the idea that tech platforms like Facebook should take more strident action to limit the spread of Russian disinformation. A widely shared blog post published Thursday likened Russian President Vladimir Putin to Hitler, encouraging platforms to “choose sides” and crack down on the vast network of Russian propaganda accounts that spread disinformation online.

“Would you demand those publishers pull the plug on Hitler, or would you defend the German state’s right to some confused notion of ‘free speech,’ even as Hitler sets out to destroy the lives of millions?” Justin Hendrix, CEO and editor of Tech Policy Press, wrote in the post.

“That is the situation Google, Facebook, Twitter and other U.S. tech firms are faced with right now.”



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