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  • Don’t look now, but July 25 is sneaking up mighty fast. Why should you care? That’s the day prices go up on all passes to Disrupt San Francisco 2018, which takes place on September 5-7. If you want to attend one of the best tech conferences for all-things startup and — depending on the type of pass you select — save up to $1,200 in the process, then stop what you’re doing and go buy your passes today. Seriously, why wouldn’t you? You simply don’t want to miss this event, and we’ll tell you why. Disrupt San Francisco 2018 — the largest Disrupt event we’ve ever produced — is the only Disrupt event happening in North America this year. We’re dedicating our time, resources and talent to making this the biggest, boldest Disrupt show ever. More than 10,000 attendees will descend on Moscone Center West (our new venue with three times......
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  • In an unusual move, Tesla reportedly asked some suppliers to return part of the money it’s paid them since 2016, including for past work. According to the Wall Street Journal, which reviewed a memo Tesla sent to a supplier last week, the electric auto maker said it is asking suppliers for refunds to help it reach profitability. This stokes concerns about the company’s cash flow, despite earlier assurances from Tesla founder and CEO Elon Musk that it will be profitable in the third and fourth quarters of this year. After months of production delays for the Model 3, Tesla recently hit a major milestone, announcing earlier this month that it reached its 5,000-per-week production target for the vehicle. According to the Wall Street Journal, the memo, sent by one of Tesla’s global supply managers, said the company is requesting back a “meaningful” portion of its payments since 2016. Tesla described it as......
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  • There was a time not so long ago when nine-figure venture capital rounds weren’t a near-daily feature of tech business news. But now funding rounds of $100 million or more cross the wires with stunning frequency. The era of supergiant rounds is now the new normal. This is attributable, in part, to billions of dollars flowing into new venture capital funds — the largest of which are raised by the oldest, most entrenched firms — and competition from relative newcomers, like SoftBank. Q2 2018 may have set new records for worldwide VC deal and dollar volume in this post-dot com cycle, but that belies an important fact: Investors are dumping the bulk of capital into a relatively small number of companies. The rise of supergiant rounds wound up in a “takeover” of the market. The chart below shows the proportion of capital raised in rounds of $100 million or more, tracing the period between Q1......
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  • Abraham Othman Contributor Abraham Othman is a visiting scholar in the Operations, Information and Decisions department of the Wharton School (University of Pennsylvania). He is an advisor to a number of blockchain applications including Augur, Codex, and Decent. Blockchain technologies have a well-earned reputation for hacking and fraud, but the recent theft of more than twenty million dollars of second-tier cryptocurrencies like Bitcoin Gold, Verge, and ZenCash was a fundamental attack on the core mechanisms that allow cryptocurrencies to function. The way that most blockchains (including Bitcoin and Ethereum) function now is called Proof-of-Work; miners must solve hard computational problems to add new blocks of transactions to the chain and the majority (i.e., 51%) of the computational power can determine what transactions appear in the public ledger. In May and June, these second-tier cryptocurrencies suffered from what is called a “51% attack”, where attackers rented more processing power than the......
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  • These light, nimble, and rugged trail runners will become your favorite all-purpose outdoor shoes.Original link...
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