Techmeme
April 13, 2022, 6:10 AM

Top News

Cheyenne Ligon / CoinDesk:
Former Ethereum developer Virgil Griffith is sentenced to 5+ years in prison and fined $100K for helping North Koreans use cryptocurrencies to evade sanctions  —  Griffith previously pleaded guilty to one count of conspiracy to violate international sanctions for giving a talk at a crypto conference in Pyongyang in 2019.
Jonathan Greig / The Record:
Ukrainian officials say they stopped an attack on an energy facility with help from ESET and Microsoft, and identified a new variant of the Industroyer malware  —  Ukrainian officials said they stopped an attack on an energy facility with the help of researchers from ESET and Microsoft.
Alex Sherman / CNBC:
Sources: two weeks after the launch of CNN+, the premium streaming service has garnered under 10K DAUs, amid reports that CNN has spent ~$300M on the effort  —  - Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, sources said.
Bob Van Voris / Bloomberg:
Elon Musk is facing a proposed shareholder class action that alleges Musk's delayed SEC filings disclosing his stake kept Twitter's share price artificially low  —  Elon Musk was sued by a Twitter Inc. shareholder who claims the Tesla Inc. CEO's delay in disclosing his ownership of more than 5% …
Joseph Cox / VICE:
Court docs: T-Mobile paid hackers ~$200K via a third party to stop an ongoing leak of stolen data on 30M customers, but the hackers kept selling it regardless  —  After hackers targeted T-Mobile in August, T-Mobile hired a third-party firm that went undercover and bought exclusive access to the data.
Charlie Osborne / ZDNet:
New York Times:
Many tech companies, eager to please employees returning to offices, are providing perks like concerts with pop stars, food trucks, and “appreciation events”  —  Tech companies really want their employees to be happy — or at least less annoyed — about returning.
Michael Bellusci / CoinDesk:
Cryptocurrency lender Celsius, recently valued at ~$3B, says only accredited US investors will be able to add new assets and earn rewards starting April 15  —  In the US, only accredited investors, and those with coins already in the Earn platform, will be able to earn rewards.
Jack Gillum / Bloomberg:
A group of cybersecurity companies specializing in securing US critical infrastructure form a coalition to work with the government and adopt uniform standards  —  A group of cybersecurity companies that specialize in securing critical infrastructure said Tuesday they've formed a lobbying group …
Chandra R Srikanth / Moneycontrol:
Ola CEO Bhavish Aggarwal is stepping away from day-to-day operations to focus more on engineering and product, CFO GR Arun Kumar will drive operations  —  Ola was last valued at $7.3 billion when it raised $139 million in its Series J round.  —  Ola founder and CEO Bhavish Aggarwal will step …
Ionut Ilascu / BleepingComputer:
RaidForums, used by Lapsus$, Babuk, and other extortion gangs, is seized in a US-led international operation; Europol says the hacking forum had 500K+ users  —  The RaidForums hacker forum, used mainly for trading and selling stolen databases, has been shut down and its domain seized …
Michael Bellusci / CoinDesk:
NFT and metaverse content creation company Infinite Reality announces an all-stock deal worth $470M to acquire esports company ReKTGlobal  —  ReKT is known for its ownership of the successful esports teams Team Rogue and the London Royal Ravens.  —  Metaverse company Infinite Reality …
Sarah Perez / TechCrunch:
TikTok is rolling out Effect House, which lets creators make AR effects that others can use in videos, to all users after a closed beta test last fall  —  Last August, TechCrunch noted TikTok was working to build its own augmented reality (AR) development platform called Effect House …
Nilay Patel / The Verge:
Q&A with Chris Dixon on a16z's structure, the energy impact of blockchains, centralization in Web3, NFTs, investing in Yuga Labs at a $4B valuation, and more  —  Regular listeners to Decoder know I'm pretty skeptical of crypto.  But I want to come by that skepticism honestly …
David Hundeyin / West Africa Weekly:
An investigation into Nigerian payments startup Flutterwave, valued at $3B, alleges employee stock option fraud, sexual harassment, and workplace bullying  —  Fraud, perjury and insider trading?  All in a day's work.  A glimpse at the dark underbelly of Africa's biggest fintech superstar
Kurt Wagner / Bloomberg:
A look at Jack Dorsey's life after Twitter, as 30+ people who have worked with him say his “favorite child” is promoting bitcoin, not working at Block  —  As he walked onstage at the Bitcoin 2021 conference in Miami, Jack Dorsey was still technically the chief executive officer …
Ben Lang / Road to VR:
In February, Meta's Quest store surpassed $1B in content revenue since its launch; 124 Quest apps have earned $1M+ in revenue, eight of which exceeded $20M  —  The Entire VR Industry in One Little Email  —  The Daily Roundup is our comprehensive coverage of the VR industry wrapped up into one daily email …
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