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To fix SoundCloud, it must become the anti-Spotify

Startups die by suicide, not competition. It wasn’t that anyone was stealing SoundCloud’s underground rappers, bedroom remixers, and garage bands. SoundCloud stumbled because it neglected these hardcore loyalists as it wrongly strived to usurp Spotify as the streaming home of music’s superstars. But four months ago after laying off 40% of …

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Upstream Security reels in $9M Series A to protect connected cars

Upstream Security, a new startup founded by two cyber security industry veterans, announced a $9 million Series A today to help protect connected vehicles and eventually autonomous cars. Today, that probably means a car using a service like OnStar to connect over the internet to your manufacturer for a menu …

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Bitwise Investments raises $4M to launch its crypto index fund

Last month San Francisco-based Bitwise Investments announced a passively managed index fund comprised of the top 10 cryptocurrencies by market capitalization. The fund rebalances once a month, and all assets are held in cold storage. Essentially its an easy way for investors to gain some passive exposure to cryptocurrency without …

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Devialet built a car audio system for Renault’s Symbioz concept car

High-end speaker maker Devialet is branching out of home speakers. The company announced a partnership with Renault for its first ever car audio system. You can’t buy a Renault car with Devialet speakers just yet, but there’s a Renault concept car with those speakers. Devialet has always said that it …

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