Techmeme
May 6, 2022, 6:20 PM

Top News

Joe Warminsky / The Record:
The US sanctions cryptocurrency mixing service Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, the first time the US sanctioned a mixer  —  The U.S. Treasury Department on Friday sanctioned a cryptocurrency mixing service for the first time, citing evidence that it was used …
Kanishka Singh / Reuters:
The SEC says Nvidia will pay $5.5M to settle charges it failed to disclose that cryptomining was a “significant element” of its FY 2018 gaming revenue growth  —  The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation …
Jordan Novet / CNBC:
Google forms a new blockchain group, led by former Citigroup executive James Tromans, to make the Google Cloud Platform the first choice for Web3 developers  —  - Former Citigroup executive James Tromans will lead the new Google group that will build services to help developers construct Web3 applications.
Wall Street Journal:
Some ex-TikTok US staff talk of long hours, tight deadlines, lack of work-life boundaries, sleep deprivation, weekend work, and secrecy uncommon in the industry  —  Former U.S. staffers tell of sleep deprivation, work on weekends and mandatory meetings with colleagues on the other side of the globe
Bloomberg:
Sources: China ordered government agencies and state-backed companies to replace foreign-branded PCs with domestic alternatives running local OSes in two years  —  China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers …
New York Times:
Elon Musk's pitch to investors: quintuple Twitter revenue to $26.4B by 2028, cut ad revenue to less than 50% of revenue, $69M Twitter Blue revenue by 2025, more  —  Here's what Mr. Musk is projecting for Twitter's finances over the next few years, according to a pitch deck he presented to investors.
Dan Primack / Axios:
Source: SEC.govMore: Insider, New York Times, Blockworks, BuzzFeed News, Silicon Valley Business …, Bloomberg, New York Times, New York Post, Financial Times, Wall Street Journal, Grit Capital, CoinDesk, Silicon Canals, Coinspeaker, CoinQuora, The Block, VICE, SiliconANGLE, Protocol, DealStreetAsia, Bitcoin News, Bloomberg, Junghoon's Direct Media …, Social Media Today, UPI, Reuters, The Register, The Mac Observer, Forbes, CNN, The Hollywood Reporter, PYMNTS.com, BBC, Ars Technica, San Francisco Business Journal, Channel Futures, CNBC, iMore, Crunchbase News, iPhone in Canada Blog, Axios, Newser, Agence France-Presse, Bloomberg, Cryptopolitan, Bloomberg, Silicon Republic, Bloomberg, and Bloomberg

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Zoho:
Set it, forget it, and stop worrying about form availability!  —  Let's say you have a booking form that you only want to be available during business hours, or you're hosting an event with a specific registration period …
SBS Comms:
Expect Better: SBS Comms  —  The media landscape is changing fast, so don't be slow — out with the old, in with the new.  SBS helps tech companies like GitHub, Cloudflare, Flexport, Ramp and more modernize comms and secure impactful results.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Fri. 10/28 - GPT-4.5
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Invest Like the Best:
Doug Leone - Lessons from a Titan
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Decoder with Nilay Patel:
Understanding Elon Musk's polarizing ascent in the MAGA movement
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
An inside look at X's Community Notes | Keith Coleman (VP of Product) and Jay Baxter (ML Lead)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Generative Now:
Mikey Shulman answers your questions about Suno and making music with AI
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:20 PM ET, May 6, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

James Clayton / BBC:
Aislinn Keely / The Block:
Michael Bellusci / CoinDesk:
Ian Sherr / CNET:
Ian Sherr / CNET:
Stefanie Marotta / Bloomberg: