U.S. government sides with Apple and Amazon, effectively denying Bloomberg ‘spy chip’ report – TechCrunch

Homeland Security has said it has “no reason to doubt” statements by Apple, Amazon and Supermicro denying allegations made in a Bloomberg report published earlier this week. It’s the first statement so far from the U.S. government on the report, casting doubt on the findings. Homeland Security’s statement echos near-identical comments from the U.K.’s National…

How the 22-year-old founders of Brex built a billion-dollar business in less than 2 years – TechCrunch

When Brazilian-born Henrique Dubugras and Pedro Franceschi met at 16 years old, they bonded over a love of coding and mutual frustrations with their strict mothers, who didn’t understand their Mark Zuckerberg-esque ambitions.  To be fair, their moms’ fear of their hacking habits only escalated after their pre-teen sons received legal notices of patent infringements in…

Pulling back the curtain on how SoftBank’s massive Vision Fund works — including just how big a check it can write – TechCrunch

Picture it. The scene is Silicon Valley. Suddenly an investment firm materializes on the scene and starts writing checks bigger than anyone is accustomed to seeing. Fellow investors start to privately complain. Its partners are poseurs, they say. The firm is driving up valuations, they continue. It’s going to ruin venture capital, they conclude. It…