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Tech Rumors

Walmart sells e-commerce outdoor retailer Moosejaw after acquiring it in 2017

After six years, Walmart sold Moosejaw to Dick’s Sporting Goods. The March closing’s financial terms were not disclosed. Walmart paid $51 million for Moosejaw in February 2017 to improve its e-commerce.Walmart used the transaction to expand into fashion. “Moosejaw joins the Walmart family to increase our assortment and expertise in …

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A Community Note on a tweet you replied to or retweeted will notify Twitter

Misinformation spreads quickly due to social media amplification. Famous people have tweeted misinformation. Community Notes, Twitter’s crowdsourced fact-checking program, now lets users remove such retweets. Twitter will notify users if Community Notes contributors add context to a tweet they liked, retweeted, or replied to. “This helps give people extra context …

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SignalFire’s founder says his VC firm lost employees who “thought we were too cheap” in previous years

Chris Farmer, a venture capitalist, doesn’t mind being labeled a cheap founder by employees. Farmer’s 10-year-old, seed-stage venture firm SignalFire lost frustrated employees who couldn’t compete for deals when the market was frothy, but holding the line on price appears poised to pay off. For one, SignalFire raised $900 million …

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According to Coinbase, hackers stole the personal data of some employees

The cryptocurrency exchange Coinbase has confirmed that the same hackers who attacked Twilio, Cloudflare, DoorDash, and more than a hundred other companies last year briefly compromised their systems. Coinbase claimed in a post-mortem on the incident that the so-called “0ktapus” hackers stole one of its employees’ login information in an …

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TikTok beta-launches the “Creativity Program” creator fund

TikTok launched its “Creativity Program” beta today. The company claims the program will increase creator revenue and opportunities. Invite-only creators can join the program today, with all eligible creators joining soon. TikTok didn’t disclose the program’s budget because it’s still in development. The company didn’t specify how many followers or …

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