Good morning, Austin. We’ve roamed the World Wide Web to bring you the latest tech news:
Amazon is asked to provide access to Echo data in murder case
According to The Information, police authorities in Bentonville, Ark. issued a warrant for Amazon to hand over any audio or records from an Echo belonging to James Andrew Bates, who is set to go on trial for the death of Victor Collins next year, Engadget reports.
Amazon did not give police any of the information Echo had on its servers, the article says, but it did hand over Bates’ account information and data on his purchases. Also, police said they were able to pull data off the speaker.
Rent the Runway raises $60 million
Dress rental startup Rent the Runway has raised $60 million with an equity investment lead by the mutual fund company Fidelity, in additoin to existing investors such as Bain Capital Ventures and TCV.
Recode reports that the company “put together a profitable year on an Ebitda (earnings before interest, taxes, depreciation and amoritization) basis while growing its revenue to well over $100 million.
Rent the Runway will use the cash infusion to grow its 1,000-person business “quicker than it otherwise could,” according to Recode.
Chinese traders accused of hacking U.S. law firms for profit
The Wall Street Journal reports that an unsealed federal indictment accuses three Chinese traders of earning more than $4 million in illegal profits after they hacked into the computer systems of “prominent U.S. law firms” and stole information on mergers and acquisitions.
After accessing the email systems of law firm partners work on acquisitions, traders bought shares of at least five publicly traded companies, including drug and chipmakers, before the deals were announced, according to the indictment.
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