Instagram Adds ➕ Amber Alert Notifications 📲 to Find Missing Children

This is a daily newsletter that covers trending business, tech and finance stories. If you enjoyed the newsletter, please share it with a friend who’d find it useful.

Share Scott D. Clary’s Newsletter

Or… invite friends to the newsletter through our referral program for Amazon gift cards.

Get a Referral Link

– Scott


Instagram Adds ➕ Amber Alert Notifications 📲 to Find Missing Children

(Image Source)

Instagram is adding a new feature to its platform that will help users to see and share notices of missing children in their area. Instagram is partnering with several children’s safety organizations to launch the feature.

Dubbed ‘Amber Alert,’ the feature will serve as an alert service for missing children in the United States and is set to be rolled out in 25 countries in the next couple of weeks. The feature will put breaking emergency information directly into your Instagram feed.

“Today, we’re bringing AMBER Alerts to Instagram for the first time. This feature was developed in partnership with organizations like the National Center for Missing & Exploited Children (NCMEC) in the US, the International Centre for Missing & Exploited Children, the National Crime Agency in the UK, the Attorney General’s Office in Mexico, the Australian Federal Police and more,” Instagram said in a blog post.

The alert will include some key details about the child, such as a photo, description, location of the abduction, and other relevant information that will help locate them. Users can share the alert with friends to further spread the information.

Apple Reportedly Shifting Some iPad Production Capacity From China 🇨🇳 to Vietnam 🇻🇳

(Image Source)

Apple is reportedly shifting some iPad production capacity from China to Vietnam due to ongoing supply chain disruptions.

This is the first time that the iPhone maker is moving the manufacturing of its iPad models out of China.

One of the primary reasons for the company to shift its manufacturing to Vietnam is to overcome restrictions that emerged due to strict Covid lockdowns in Shanghai and other Chinese cities.

However, the company is reportedly looking to reduce its reliance on China mainly due to the authoritarian government.

Apple has already asked its suppliers to develop additional supplies of components to avoid supply constraints, especially for parts that are made in and around Shanghai, where COVID-related restrictions are currently impacting usual business.

Apple has selected Vietnam over China primarily due to the ease of getting labor and other resources for manufacturing products, including the iPad.

However, due to very complex input supply chains, the tech giant may not be able to move its entire production capacity to any region outside China in the coming future.

Mexican Fast Food 🌯 Chain Chipotle Accepting Crypto Payments Via Flexa

(Image Source)

Chipotle, the popular Mexican fast-food chain, has started accepting cryptocurrency payments through digital payment provider Flexa at all of its U.S.-based restaurants.

As a result of the partnership announced by Flexa on June 1, Chiptole will start accepting all the 98 cryptocurrencies supported by Flexa, including Bitcoin, Ethereum, and seven U.S. dollar-pegged stablecoins, including USD Coin (USDC).

With this, consumers can spend bitcoin and other digital currencies from any Flexa-enabled app for burritos, bowls, and more at any Chipotle restaurant in the U.S.

In a Twitter post, Flexa said, “Bitcoin, but make it burritos. We’re delighted to share that @ChipotleTweets is now accepting payments in #bitcoin, #ether, #dogecoin, and more, exclusively through Flexa.”

Chiptole is not the only company to partner with Flexa. Some large companies like cinema operator Regal Theaters and Bancoagrícola- El Salvador’s largest financial institution have already partnered with Flexa.

To get started with Flexa payments, you need to download the Gemini or SPEDN app, head to your nearest Chipotle restaurant, and scan to pay.

Software Protection Testing Platform Code Intelligence Nabs $12 Million in Series A 💰

(Image Source)

Code Intelligence, an automated software protection testing system that focuses on fuzzing, has raised $12 million in its Series A funding round, bringing the company’s overall funding to about $15.7 million.

The funding was led by Tola Capital along with participation from existing investors LBBW, OCCIDENT, Verve Ventures, HTGF, and Thomas Dohmke (CEO of GitHub).

Founded in 2018 by Sergej Dechand, Khaled Yakdan, and Matthew Smith, Code Intelligence enables companies to simplify their software testing processes.

The company’s product- CI Security Suite, enhances security testing efficiency for experts and enables developers without IT security expertise to perform continuous automated security and reliability tests.

The German-based startup targets modern development teams at mid-to-large-sized companies. Its current customers include Bosch, Continental, Google, and Deutsche Telekom.

Code Intelligence plans to use the latest proceeds to increase its headcount. In addition, the company also plans to add support for more programming languages and provide further development tool integrations.

Around the Web 🌐

Goldman Sachs Reportedly in Talks With FTX For Crypto Derivatives: Investment banking firm Goldman Sachs is reportedly eyeing derivatives trading with bitcoin and other cryptocurrencies through a partnership with cryptocurrency exchange FTX. FTX.US, the U.S. subsidiary of the global cryptocurrency exchange FTX, is currently seeking a license modification that will allow it to function as both an exchange and intermediary for derivatives.


Podcast

If you like the content in this newsletter, there’s a pretty good chance you’ll like my podcast, “Success Story”, where I unpack the playbooks of entrepreneurs, executives and other high performing individuals.

Check Out The Podcast

Latest Episode 👇


If you enjoyed the newsletter, please share it with a friend who’d find it useful.

-Scott

New podcasts & articles to your inbox.

No Spam. Promise.

Pin It on Pinterest

Skip to content