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May 6, 2022, 12:35 PM
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| Kanishka Singh / Reuters: |
SEC says Nvidia has agreed to pay $5.5M to settle charges of “inadequate disclosures” concerning the impact of cryptomining on its gaming business in FY 2018 — The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation …
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U.S. Securities …, The Verge, Wall Street Journal, Associated Press, The Register, BleepingComputer, Tom's Hardware, PCMag, Protocol, Decrypt, Finbold, The Block, Cointelegraph, Neowin, GameSpot, Crowdfund Insider, and Trustnodes
Tweets: @stephentotilo and @smdiehl
| Bloomberg: |
Sources: China has ordered government agencies and state-backed companies to replace foreign PCs with domestic ones running local OSes in two years — China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers with domestic alternatives within …
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Tom's Hardware, Neowin, TechRadar, OnMSFT.com, and Benzinga
Tweets: @argvee, @benbajarin, @kennedycsis, @carlminzner, @defensebaron, @dravirmani, @jkylebass, and @akkiman
| Dan Primack / Axios: |
Filing: Elon Musk raises $7.14B for his Twitter bid from Saudi Prince Alwaleed, Larry Ellison, Sequoia, VyCapital, Binance, a16z, and others; Ellison gives $1B — Elon Musk on Thursday disclosed a group of co-investors in his Twitter takeover. The names are impressive, but most of their check sizes aren't.
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SEC.gov. More:
Insider, BuzzFeed News, CoinDesk, New York Times, Bloomberg, New York Times, Finbold, Wall Street Journal, Financial Times, The Block, CoinQuora, The Information, Protocol, VICE, Bloomberg, Silicon Canals, SiliconANGLE, Protocol, Grit Capital, Bloomberg, TechCrunch, CoinDesk, DealStreetAsia, Forbes, Bitcoin News, The Hollywood Reporter, UPI, Junghoon's Direct Media …, Social Media Today, Reuters, The Register, The Mac Observer, Axios, CNN, Ars Technica, BBC, PYMNTS.com, Bloomberg, CNBC, San Francisco Business Journal, Channel Futures, iMore, Crunchbase News, iPhone in Canada Blog, Newser, Agence France-Presse, CNBC, Bloomberg, Bloomberg, Cryptopolitan, Bloomberg, Silicon Republic, TIME, Cointelegraph, RTÉ, CoinQuora, MarketWatch, The Irish Times, Financial Times, and The Week
Tweets: @bhorowitz, @alwaleed_talal, @bhorowitz, @rmac18, @petermccormack, @markdistef, @markdistef, @mikeisaac, @bhorowitz, @bigblackjacobin, @cz_binance, @timobrien, @kurtwagner8, @seldo, @maggienyt, @jack, @danprimack, @katie_roof, @eringriffith, @alexstamos, @pt, @noupside, @digg, @moorehn, @ryangrim, @mehdirhasan, @rschooley, @danprimack, @arashmassoudi, @mmasnick, @tomaxwell, @alexstamos, @mattbc, @bhorowitz, @taylorlorenz, @benwerd, @binance, @rmac18, @sarahfrier, @benedictevans, @mmasnick, @mcnees, @carnage4life, @tonyfratto, @anildash, @loganbartlett, @teresa_longwell, @mattturck, @maxkennerly, @gartenberg, @danprimack, @ryan_browne_, @alex, @kantrowitz, @teroterotero, @karlbode, @carnage4life, @silvermanjacob, @coloradotravis, @shaig, @vladsavov, @patrickw, @ericjackson, @thedomino, @jsphctrl, @macaesbruno, @pekingmike, @loudmouthjulia, @loudmouthjulia, @dearsarah, @muradahmed, @peter_tl, @sridinats, @danprimack, @firstadopter, @ivanthek, and @danprimack
| Echo Wang / Reuters: |
Legal experts say Musk's new funding for Twitter could draw scrutiny from CFIUS for potential national security risks, the kind that TikTok faced — Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter Inc (TWTR.N) runs the risk of inviting … | Michael Bellusci / CoinDesk: |
Block Q1: revenue down 22% YoY to $3.96B, vs. $4.1B est., profit up 34% YoY to $1.29B, and Cash App bitcoin revenue down 51% YoY to $1.73B — Fintech and digital payments giant Block Inc. (SQ) reported first-quarter earnings that missed analyst expectations on Thursday after the close.Total Q1 revenue …
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Block, Payments Dive, The Block, Investor's Business Daily, CoinQuora, Coinspeaker, The Economic Times, PYMNTS.com, Music Ally, Benzinga, Dow Jones Newswires, Associated Press, Reuters, PYMNTS.com, and Bloomberg. Tweets: @saylor
| Aislinn Keely / The Block: |
The CFTC orders BitMEX's three cofounders to pay $10M each for not registering with the agency, and failing to implement anti-money laundering and KYC checks — The Commodity Futures Trading Commission (CFTC) has hit the founders of crypto exchange BitMEX with a total of $30 million in civil monetary penalties.
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CFTC, Bloomberg, CFTC, Reuters, Coinspeaker, CryptoPotato, Cryptopolitan, CryptoSlate, Cointelegraph, Crowdfund Insider, and Decrypt
| James Clayton / BBC: |
The UK's DCMS plans to give the Digital Markets Unit powers to clamp down on Big Tech's “predatory practices”, following reports the UK shelved such plans — Large tech companies such as Google and Facebook will have to abide by new competition rules in the UK or risk facing huge fines, the government said.
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Press Gazette, Reuters, The Guardian, iPhone Hacks, iClarified, 9to5Mac, GOV.UK, and Global Competition Review
Tweets: @jamesclayton5 and @jamesclayton5
| Jordan Novet / CNBC: |
Google's cloud unit forms a new group, led by former Citigroup executive James Tromans, to provide developers with tools to build Web3 apps — - Former Citigroup executive James Tromans will lead the new Google group that will build services to help developers construct Web3 applications.| MK Manoylov / The Block: |
Untamed Planet, which uses Roblox to create nature-themed games incorporating NFTs, raises a $24.3M Series A led by Animoca Brands — Untamed Planet, a blockchain-based gaming startup, raised $24.3 million in a Series A funding round led by Animoca Brands.| Bloomberg: |
Sources say the UK is delaying Revolut's banking license over concerns about its crypto trading service and whether it can tackle money laundering and fraud — Nikolay Storonsky, once a championship swimmer in his native Russia, doesn't like to hang around in the slow lane.
More:
The Block, PYMNTS.com, and Ethereum World News
Tweets: @ownsomeshares, @aishagani, and @stespezzati
| Aisha Malik / TechCrunch: |
Spotify Stations, the service's lightweight listening app first launched in 2018 offering easy access to curated playlists, is shutting down on May 16 — Spotify Stations, the streaming service's lightweight listening app offering easy access to curated playlists, is shutting down on May 16.| Dan Strumpf / Wall Street Journal: |
Sources: Chinese tech companies like Lenovo and Xiaomi are quietly pulling back from Russia; China's tech exports to Russia fell sharply from February to March — Firms are pulling back under pressure from U.S. sanctions and suppliers, but stay mum in face of warnings from BeijingSponsor Posts
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