This company's CIO has a shiny MBA to go with his limited grasp of technology, and he puts both on display in the series of weekly incident review meetings he decides to launch, says an IT pilot fish whose attendance is required.

"These meetings consisted of non-technical upper-management types grilling the poor techs over every detail of any failure during the previous week, from broken laptops to major software outages, with no regard to severity -- all were considered class 1 outages," fish grumbles.

"During a discussion about network latency and a failed router, the CIO blurted out, 'Is latency bad Why do we have latency Is this bad Can we fix latency'

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Cryptocurrency wallet startup Cobo raises $13M Series A to enter the U.S. and Southeast Asia

Cobo, a cryptocurrency wallet startup headquartered in Beijing, has raised a $13 million Series A to enter new international markets. The round was led by DHVC and Wu Capital, a family office based in China. Cobo plans to expand in the United States and Southeast Asia, in particular Vietnam and Indonesia. Cobo is also now taking pre-orders for Cobo Vault, a hardware wallet (pictured above) that it claims is military grade. CoboSeries A brings its total funding to $20 million so far.

Cobo Wallet allows users to store both proof-of-stake and proof-of-work coins. One incentive for people to pick the app over its competitors is the ability to pool proof-of-stake assets with other users so they can increase their chances of mining and validating new blocks on the blockchain. Since launching earlier this year, Cobo says its digital wallet has gained more than 500,000 users.

The startup was founded last year by CEO Shixing Mao, who is known as Discus Fish in the crypto community, and CTO Changhao Jiang, a former platform engineer at Facebook and Google who co-founded Bihang, a cryptocurrency wallet acquired by OKCoin in 2013. Discus Fish, meanwhile, is known for launching F2Pool, Chinafirst mining pool.

Cobo Vault, which will retail for $479, meets the MIL-STD-810G U.S. military standard for equipment, Cobohead of hardware Lixin Liu said in an email, adding that it was built with proprietary firmware created especially for the device, a bank-grade encryption chip and military-grade aluminum.

Cobo Vaultcreation was prompted by an August 2017 incident in which F2Pool was hacked and more than 8,000 ETH was stolen from Discus Fishaccount. Fish also refunded customers& lost ETH from his own assets. &As a result, Discus Fish was resolute on the fact that for crypto to gain mass market adoption, products had to be made to be hacker-resistant and truly safe,& said Liu.

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Some notable Facebook shareholders file (mostly symbolic) proposal to oust Mark Zuckerberg as chairman

Several major Facebook shareholders have submitted a proposal calling for CEO Mark Zuckerberg to step down as chairman of the companyboard. The filing is mainly symbolic, since Zuckerberg has almost total voting control, an arrangement that has earned the companyboard structure comparisons to a &dictatorship.& The proposal is still noteworthy, however, because of the investors involved.

The pension funds of New York City are joining activist shareholder Trillium Asset Management, which has wanted to remove Zuckerberg as Facebookchairman since its disappointing second-quarter earnings report in July, as well as the state treasurers of Rhode Island, Illinois, and Pennsylvania. The proposal will be voted on at Facebookshareholder meeting next year.

In an online statement, New York City comptroller Scott Stringer called on Facebookboard to make its chair an independent position.

&Facebook plays an outsized role in our society and economy. They have a social and financial responsibility to be transparent—thatwhy we&re demanding independence and accountability in the companyboardroom. We need Facebookinsular boardroom to make a serious commitment to addressing real risks—reputational, regulatory, and the risk to our democracy—that impact the country, its shareholders, and ultimately the hard-earned pensions of thousands of New York City workers,& Stringer said. &An independent board chair is essential to moving Facebook forward from this mess, and to reestablish trust with Americans and investors alike.&

The shareholder proposal was filed by the New York City Pension Funds, Illinois state treasurer Michael Frerichs, Rhode Island state treasurer Seth Magaziner, Pennsylvania treasurer Joe Torsella, and Trillium Asset Management.

Stringer, a Democrat who serves as fiduciary for the cityfive public pension funds, which are worth about $160 billion in total assets, has been a vocal critic of Facebook. In March, he asked Facebooklead independent director, Dr. Susan Desmond-Hellmann, to improve the companydata privacy accountability after the Cambridge Analytica scandal, citing the 4.9 million Class A shares held by the citypension funds.

Another proposal to replace Zuckerberg as chairman was filed in April before his Senate testimony about Cambridge Analyticamisuse of Facebook user data.

TechCrunch has contacted Facebook for comment.

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Twitter is trying out a small new change to Moments that would provide contextual information within its curated stories. Spotted by Twitter user @kwatt and confirmed by a number of Twitter product team members, the little snippets appear sandwiched between tweets in a Moment.

Called &annotations& — not to be confused withTwittermetadata annotationsof yore — the morsels of info aim to clarify and provide context for the tweets that comprise Twittercurated trending content. According to the product team, they are authored by Twittercuration group.

In our testing, annotations only appear on the mobile app and not on the same Moments on desktop. So far we&ve seen them on a story about the NFL, one about Moviepass and another about staffing changes in the White House.

Twitter tests out ‘annotations& in Moments

While ita tiny feature tweak, annotations are another sign that Twitter is exploring ways to infuse its platform with value and veracity in the face of what so far appears to be an intractable misinformation crisis.

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MIT researchers say memory splitting breakthrough could prevent another Meltdown or Spectre

Virtually every modern computer processor was thrown under the bus earlier this year when researchers found a fundamental design weakness in Intel, AMD and ARM chips, making it possible to steal sensitive data from the computermemory.

The Meltdown and Spectre vulnerabilities — which date back to 1995 — punched holes in the walls that keeps apps from accessing other parts of the systemmemory that it doesn&t have permission to read. That meant a skilled attacker could figure out where sensitive data was stored, like passwords and encryption keys. While the companies mitigated some of the flaws, they acknowledged that their long term plan would require a core redesign in how their computer processors work.

Now, a team of MITComputer Science and Artificial Intelligence Laboratory (CSAIL) researchers say they have found a way to prevent a similar range of flaws like Meltdown and Spectre in the future.

When an app needs to store something in memory, it asks the processor where to put it. But searching for that memory is slow, so processors use a trick known as &speculative execution& to run several sets of tasks at the same time while it finds the right memory slot. But attackers can exploit the same technique to allow an app to read parts of the memory that it shouldn&t be allowed to read.

MITCSAIL says their technique would split up memory so that the data not stored in the same place — in what the team calls &secure way partitioning.&

They call it called DAWG — or &Dynamically Allocated Way Guard& — which, admittedly might sound ridiculous, but itmeant to work as a counterpoint to IntelCache Allocation Technology, or CAT. According to their work, DAWG works similarly to CAT and doesn&t require many changes to the deviceoperating system — making it potentially as easy to install on an affected computer as Meltdownmicrocode fix.

According to Vladimir Kiriansky, one of the research paperauthors, the new technique &establishes clear boundaries for where sharing should and should not happen, so that programs with sensitive information can keep that data reasonably secure.&

Not only could the technology help to protect regular computers, but also also vulnerable cloud infrastructures.

Although DAWG can&t prevent against every speculative attack, the researchers are now working to improve their technology to prevent against more — if not all attacks.

But if their technology is picked up by Intel or any other chip maker, the researchers say techniques like DAWG could &restore our confidence in public cloud infrastructure, and hardware and software co-design will help minimize performance overheads.&

Kernel panic! What are Meltdown and Spectre, the bugs affecting nearly every computer and device

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YC grad Oh My Green gets $20M seed investment

In its first institutional funding round, Oh My Green has raised $20 million from Initialized Capital, Powerplant Ventures, Backed VC, ZhenFund, Talis Capital and the Stanford StartX Fund to bring healthier foods to offices around the U.S.

The concierge-style startup, which completed Y Combinatorstartup accelerator in 2016, provides businesses in San Francisco, Los Angeles, Seattle, Chicago, Austin, Denver, Boston, New York City and Nashville nutritional snacks and meals. It stocks office snack pantries — a staple at tech startups — caters events, manages cafes and provides wellness programming. Its goal is to be a one-stop shop for corporate nutritional wellness.

The San Francisco-based company was founded in 2014 by Michael Heinrich. Based off my conversation with him earlier this week, I&m guessing he wouldn&t approve of the TechCrunch snack cupboard, which includes a year-long supply of Skittles, M-Ms and Fruit by the Foot.

&I wanted to do something more meaningful in my life,& Heinrich told TechCrunch. &I had worked in really challenging environments and I found myself really enjoying the people and the problems but looking at the food we had available, a lot of it was ultra-processed and ultra-sugared.&

&When I was sugar crashing and not being productive at work, I realized I should stop complaining and actually make a difference,& he added.

Oh My Greentech-enabled service, which relies on machine learning to give its customers personalized recommendations for meals and snacks, has 200 customers today, including Lyft, Apple and Y Combinator. With the investment, the company will expand throughout the U.S. and eventually launch overseas.

YC grad The Lobby raises $1.2M to help job seekers break into Wall Street

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