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Sports Illustrated publisher Maven raises $24M to help Seattle media tech startup expand

GeekWire

Maven , the Seattle-based media company that publishes Sports Illustrated, raised an additional $24 million to help fuel expansion and reduce its debt. The publicly-traded company used security purchase agreements via private placements of convertible preferred stock. Maven previously raised $20 million in October 2019.

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James Heckman resigns as Maven CEO after tumultuous run leading Sports Illustrated publisher

GeekWire

James Heckman, CEO and founder of the Seattle-based media company that publishes Sports Illustrated, announced his resignation Wednesday. Heckman will “continue his entrepreneurial role with the company, focusing on key strategic and business development initiatives,” according to a SEC filing. “The

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IRS Using Facial Scanning

Phil Windley

Summary: The IRS will use ID.me's authentication and identity proofing service exclusively starting sometime this summer. Scott Lemon alerted me to a move by the IRS to use ID.me, and facial scanning, for authentication. is an identity proofing and authentication company that seems to be getting a lot of government contracts.

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T-Mobile investigating report of customer data breach that reportedly involves 100 million people

The Verge

Motherboard reported that it was in contact with the seller of the data, who said they had taken data from T-Mobile’s servers that included Social Security numbers, names, addresses, and driver license information related to more than 100 million people. After reviewing samples of the data, Motherboard reported it appeared authentic. “We

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Facebook verified a fan page posing as Elon Musk

The Verge

To be clear, the page isn’t pretending it’s Musk; it openly states that it’s a fan page in its About section (emphasis ours): Musk owns a Tesla Roadster car 0001 (the first one off the production line) from Tesla Motors, a company in which he is an early investor. The Roadster is a battery electric sportscar with a 220 mile range.

Licensing 136
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Digital identity startup Evernym sells to Avast, looks to bring trust to a decentralized internet

GeekWire

The movement is creating a massive cascade of venture capital dollars, and now Seattle-based Evernym — an 8-year-old startup with roots in Salt Lake City — is taking advantage of the wave of activity by selling to cybersecurity and antivirus software company Avast. Evernym describes itself as a leader in “self-sovereign identity.”

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Seattle-based Sports Illustrated publisher Maven sued by former magazine owner Meredith Corp

GeekWire

Maven , the Seattle-based media company that publishes Sports Illustrated, is being sued by Meredith Corp., The Hollywood Reporter’s Alex Weprin first spotted the lawsuit, which accuses Maven of unpaid fees related to the company’s takeover of SI. It purchased finance media company TheStreet in 2019.

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