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Dovetail, the venture studio that has worked with startups like Afterpay, is raising a new fund

Dovetail co-founders Ash Fogelberg and Nick Frandsen
Based in Sydney and Auckland, Dovetail is a full-service venture studio that works closely with founders who have a great idea, but may lack technical backgrounds. Dovetail helps them build companies from the ground up, preparing them for growth and more funding. Founded in 2014, Dovetail’s success stories include Afterpay, the Melbourne-headquartered unicorn that is one of the highest-profile players in the buy now, play later space, along with Klarna and Affirm.
“People can think of us as the technical co-founder, responsible for driving and executing product strategy, design and the development of …

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Kaseya hack floods hundreds of companies with ransomware

On Friday, a flood of ransomware hit hundreds of companies around the world. A grocery store chain, a public broadcaster, schools, and a national railway system were all hit by the file-encrypting malware, causing disruption and forcing hundreds of businesses to close.
The victims had something in common: a key piece of network management and remote control software developed by U.S. technology firm Kaseya. The Miami-headquartered company makes software used to remotely manage a company’s IT networks and devices. That software is sold to managed service providers — effectively outsourced IT departments — which they then use to manage the …

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Your Friday Briefing

Myanmar’s women on the front linesThe hundreds of thousands of women at the forefront of Myanmar’s protest movement are sending a powerful rebuke to the country’s military junta.The protesters represent striking unions of teachers, garment workers and medical workers — all sectors dominated by women. The youngest are often on the front lines, where the security forces appear to have singled them out. Three young women were among the at least 38 people killed on Wednesday, the biggest one-day toll since the Feb. 1 coup.There are no women in the military’s senior ranks, and soldiers have systematically …

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Watching Earth Burn

I have a pastime, one that used to give me considerable pleasure, but lately it has morphed into a source of anxiety, even horror: earth-watching.Let me explain.The earth from space is an incomparably lovely sight. I mean the whole planet, pole to pole, waxing and waning and rotating in that time-generating way it has, and not the views from the International Space Station, which is in a low orbit about 200 miles up and gives us only part of the whole.My earth-watching, made possible by NOAA and Colorado State University websites, originates in three geostationary weather satellites parked …

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