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Larry Page, left, and Sergey Brin, co-founders of Google Inc. JB Reed | Bloomberg | Getty Images Google founders and controlling Alphabet stakeholders Larry Page and Sergey Brin have sold more than $1 billion worth of stock combined since May of this year. Beginning in May, the two sold Class A and Class C shares worth more than $1.07 billion, according to filings with the Securities and Exchange Commission compiled by OpenInsider. Brin’s sales total more than $610 million, while Page’s sales… Source link

The founders of South Africa-based crypto investment firm AfriCrypt have disappeared along with 69,000 bitcoins — worth an estimated $3.6 billion — according to a report from Bloomberg on Wednesday. In mid-April, AfriCrypt’s investors were sent an email claiming that the platform was shutting down and freezing all accounts following a hack that compromised client accounts, wallets, and nodes. Investors were reportedly asked not to report the hack to law enforcement, which the founders… Source link

Cryptocurrency investors in South Africa may have lost nearly $3.6 billion in Bitcoin following the disappearance of two brothers associated with one of the country’s largest cryptocurrency exchanges. According to Bloomberg, a law firm in Cape Town says it can’t locate Ameer and Raees Cajee, the founders of Africrypt. In April, the exchange told its investors it was the victim of a hack and asked them not to report the incident to the authorities on account it would “slow down” the… Source link

– Courtesy of Google Europe Yesterday, Google for Startups announced the 30 tech businesses receiving grants from its $2million (approximately £1.5million) Black Founders Fund for Black-led tech startups across Europe. With less than 0.25% of venture capital (VC) funding going to Black-led startups in the U.K., and only 38 Black founders receiving venture capital funding in the last 10 years, Google for Startups is helping to level the playing field by helping Black founders… Source link

Google has selected 30 startups to receive a share of its $2M Black Founders Fund in Europe, providing these companies with a spot of cash, some valuable cloud services, and a bit of good old-fashioned networking among the Google crew. The fund was announced last fall as part of a company-wide effort towards “building a more equitable future for everyone,” alongside grants and new sponsorships. Over 800 companies applied and Google interviewed 100 of them, ultimately winnowing that… Source link

Roberto Inetti, Fred Burns, and Kedreon Cole. Three North Texas entrepreneurs—Roberto Inetti, Fred Burns, and Kedreon Cole—have been chosen to participate in the highly selective Google for Startups Founders Academy, a six-month program that aims to assist budding startups in growing revenues and gaining access to capital. The founders told Dallas Innovates today in a joint statement that they are three of 50 chosen for the equity-free program, which is comprised of… Source link

After last week’s chaos in the U.S. Capitol, Ben & Jerry’s issued a statement, that called the violence a “riot to uphold white supremacy.” “We must dismantle white supremacy and we have to understand that this is a white problem,” Ben & Jerry’s Ice Cream co-founder Ben Cohen told Yahoo Finance. “This is not a Black problem. This is a problem of us.” Cohen and co-founder Jerry Greenfield said white people need to “take responsibility” to change the country that treats… Source link

Microsoft’s Azure operating system, codenamed “Red Dog,” was designed by a team of Microsoft OS experts including Dave Cutler, the father of VMS and Windows NT starting in latter half of the 2000s. Azure launched in February 2010 and has become the foundation of the “new” Microsoft over the past decade. In 2008, I had a chance to interview the Azure founding-team members. This month,… Source link