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Canal Letter @ Silicon Canals 2 place · 06/01/2026 04:00 EDT

A fake UK visa site has been leaking 100,000 passports and selfies for weeks, and the part nobody is talking about is why the operator has zero incentive to fix it

An unofficial website calling itself UK Visa Portal has exposed the passports and selfie photos of visa applicants, and the security flaw remains unpatched, according to TechCrunch , which reported the breach on 26 May. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 3 place · 06/01/2026 03:00 EDT

The unemployment rate looks fine because it’s hiding the only number that matters — workers aged 22 to 25 in AI-exposed jobs have quietly lost 16 percent of their employment since ChatGPT

The standard reassurance about artificial intelligence and work — that it will not cause mass unemployment, that history shows technology creates more jobs than it destroys, that the people warning about robots taking jobs have been wrong for two centuries — happens to be technically correct and almost entirely beside the point. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals · 06/01/2026 01:20 EDT

DuckDuckGo just had its biggest install surge in years after Google killed the AI opt-out

DuckDuckGo, the privacy-focused search engine that has spent more than a decade unable to crack Google's grip on the U.S. market, just recorded a 30% surge in installs after Google unveiled its AI-first Search overhaul at I/O — six consecutive days of double-digit growth, including across a Memorial Day weekend when the company typically sees a traffic dip. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals · 05/31/2026 23:00 EDT

The Vatican just published a 200-page document about AI that doesn’t mention David Sacks once, and that’s precisely what makes it the sharpest critique of Silicon Valley power this year

The Vatican's recent encyclical, Magnifica Humanitas , arrives wrapped in the language of artificial intelligence, but its actual subject is the political economy of technological dominance. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals · 05/31/2026 16:00 EDT

ClickUp just laid off 22% of staff while deploying 3,000 AI agents and promising million-dollar salaries to survivors — and Gartner’s data quietly says the financial returns aren’t actually showing up

ClickUp has laid off 22% of its workforce while simultaneously deploying roughly 3,000 internal AI agents, with CEO Zeb Evans framing the reduction as an aggressive bet on autonomous software rather than a cost-cutting exercise. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 1 place · 05/28/2026 18:02 EDT

Anthropic just closed a $65B round at a $965B valuation, and the cap table reveals something closer to industrial policy than a venture deal

Anthropic is reportedly in talks to close a Series H round in the range of $65 billion at a post-money valuation approaching $965 billion, according to figures circulating among investors and reported by financial press. Read more ›

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Silicon Canals
Justin Brown @ Silicon Canals 2 place · 05/28/2026 12:00 EDT

The same week Waymo admitted its robotaxis can’t handle rain, SpaceX’s S-1 disclosed $506M flowing to Tesla and $1M to Boring Company — one firm is constrained by physics, the other by accounting

Waymo's robotaxi service has paused operations across at least six U.S. cities this month, a sequence of disruptions that complicates the prevailing narrative that autonomous ride-hail has crossed the threshold from experiment to infrastructure. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 3 place · 05/28/2026 11:52 EDT

Wall Street is pricing a US-Iran peace deal that Lindsey Graham, Ted Cruz and the chair of Senate Armed Services spent Sunday publicly trying to kill

Equity desks treat the prospect of a US-Iran deal as an unambiguous bullish signal, oil traders treat it as a supply shock in waiting, and currency desks treat it as a reason to sell dollars. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 3 place · 05/27/2026 02:17 EDT

Nobody talks about why growth-stage VCs are suddenly paying software-style multiples for an Indian rooftop installer, and the answer sits inside a government subsidy scheme most foreign investors have never read

Indian rooftop solar startup SolarSquare is in advanced talks to raise $55–60 million in a Series C round co-led by B Capital and Lightspeed Venture Partners, according to TechCrunch . The financing would value the… Read more ›

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Silicon Canals
Cabinet @ Silicon Canals · 05/26/2026 09:56 EDT

A one-person startup just raised $30M at a $250M valuation, and it explains ClickUp’s 22% layoff

Polsia, a one-year-old startup run solely by founder Ben Broca, recently raised $30 million at a $250 million valuation — with one employee. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 2 place · 05/25/2026 22:47 EDT

People who keep their phone face-down on every surface they sit at often aren’t being polite, many are quietly trying to stop a nervous system that learned, over years of being on-call, to flinch at every notification

The face-down phone reads as good manners, but for many people it's something quieter: a small act of nervous system management, performed in public, by a body that learned every notification could be an emergency. Read more ›

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Silicon Canals
Mal James @ Silicon Canals 2 place · 05/25/2026 09:24 EDT

The economist John Maynard Keynes predicted in 1930 that his grandchildren would be working roughly fifteen hours a week by the early twenty-first century — and the strange thing is that, technologically, he was approximately correct

It is unusual for a prediction to be half right and half wrong at the same time, but that is basically what happened in the case of John Maynard Keynes. The technology arrived. The leisure did not.  In 1930, as British unemployment was climbing toward Depression-era levels, Keynes wrote a short essay called Economic Possibilities ... Read more Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 1 place · 05/22/2026 21:46 EDT

Spotify and Universal Music struck a deal to let Premium users make AI covers of UMG songs

Spotify and Universal Music Group have struck a licensing agreement that will let Premium subscribers create AI-generated covers and remixes of UMG-catalogue songs, with revenue shared with participating artists. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 2 place · 05/22/2026 08:26 EDT

SpaceX IPO filing lays out a $1.75 trillion bet on Mars, AI and Musk control

SpaceX has reportedly filed its S-1 with the US Securities and Exchange Commission, setting up what is expected to be the largest IPO in history. Read more ›

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Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals · 05/22/2026 08:23 EDT

Ten years ago Earth observation startups pitched climate and crop yields; ICEYE just raised €300M in bank debt because the bankable revenue turned out to be something else entirely

Finnish spacetech company ICEYE has originated a €300 million three-year committed revolving credit facility, backed by a seven-bank syndicate of Nordic, regional, and global lenders. Read more ›

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09.06.2026 21:24
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