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May 9, 2022, 6:20 PM
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| Bloomberg: |
Bitcoin falls 7%+ to under $32,000, its lowest level since July 2021, as investors flee riskier investments; Ethereum, Solana, Avalanche, and others also drop — Bitcoin extended losses, dropping below $31,000 for the first time since July 2021, putting its decline from a November record high …
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Wall Street Journal, The Block, Gizmodo, Forbes, Wall Street Journal, The Verge, CoinDesk, Financial Times, Fortune, Cointelegraph, CryptoSlate, Ethereum World News, Livemint, Bloomberg, CNBC, Cointelegraph, Bloomberg, SlashGear, Tom's Hardware, Bitcoin News, New York Times, Barron's Online, and RTÉ
Tweets: @lfg_org, @saylor, @stablekwon, @cryptomanran, @schwarz, @maybebullish, @thinkingbitmex, @bennetttomlin, @thestalwart, @film_girl, @zachweinberg, @adamsinger, @thestalwart, @ahcastor, @naiivememe, @robustus, @kaiynne, @iamjosephyoung, @nlw, @ben_mckenzie, @cryptowhale, @ryansadams, @saxena_puru, @tier10k, @timbray, @twobitidiot, @ldrogen, @robustus, @punk6529, @timbray, @carnage4life, @adamsinger, @trustlessstate, @bitfinexed, and @davidzmorris
| Sam Kessler / CoinDesk: |
More:
TechCrunch, Bloomberg, Blockworks, Crypto Briefing, Bitcoin News, and Decrypt
| Anushree Dave / The Block: |
Mark Zuckerberg says Meta will start letting some US creators test digital collectibles and NFTs on Instagram this week, and won't charge for sharing NFTs — Meta will start testing digital collectibles and NFTs on Instagram this week, according to chief executive Mark Zuckerberg.
Source:
Facebook. More:
TechCrunch, The Verge, The Information, Protocol, Gizmodo, Social Media Today, Bitcoinist.com, WeRSM, Engadget, Marketing e Negócios, NFT Evening, Redmond Pie, Crypto Briefing, Decrypt, CoinDesk, crypto.news, Blog Tien So, ZyCrypto, Cripto Letter, 9to5Mac, Coinspeaker, Finextra, and CoinDesk
| Drew Harwell / Washington Post: |
Clearview AI reaches a settlement with the ACLU by agreeing to stop selling or offering free access to its facial recognition database to most US businesses — The settlement marks one of the most significant court actions yet against a company known for downloading billions of people's photos …
Source:
ACLU. More:
New York Times, TechCrunch, The Verge, PCMag, Insider, Gizmodo, The Record, Reuters, CyberScoop, Protocol, Forbes, The Hill, Associated Press, and Engadget
| CNBC: |
Staff email: Uber CEO Dara Khosrowshahi says the company will slash marketing and incentive spending, treat hiring as a “privilege”, focus on profit, and more — - Uber will slash spending on marketing and incentives and treat hiring as a “privilege,” CEO Dara Khosrowshahi said in an email to staff on Sunday.
More:
Axios, Insider, New York Times, Quartz, The Verge, Protocol, Fortune, Gizmodo, The Economic Times, TechCrunch, Reuters, Benzinga, City A.M., Barron's Online, and The Hill
Tweets: @dee_bosa, @dee_bosa, @shiraovide, @shiraovide, @niklausfuller, @breadcrumbsre, @ericnewcomer, @mattzeitlin, @marypcbuk, @mateosfo, @bgurley, @gergelyorosz, @jeffnolan, @tedkempcnbc, @european_dgi, @dee_bosa, @jyarow, @tomprice, @shafiquegajdhar, @petergyang, @traceyryniec, @transitcenter, @cabvisiontaxi, @shortsightedcap, @wallstcynic, @marceloplima, and @cmungerilal
| Margaret Harding McGill / Axios: |
The White House says 20 ISPs, including Verizon, Comcast, and Charter, have agreed to offer 100 Mbps internet service for $30 per month to low-income families — The White House said Monday 20 internet service providers have agreed to offer $30 high-speed internet plans to low-income families … | Washington Post: |
Researchers: Elon Musk, who vowed to defeat Twitter's “spam bots or die trying”, has long benefited from “fanbots” boosting Tesla shares and deriding critics — Mechanized accounts have sought to boost Tesla shares, deride critics and push the pending takeover of Twitter.
More:
Nieman Lab, Bitcoinist.com, CoinQuora, New York Post, International Business Times, Benzinga, and Insider
Tweets: @elonmusk, @elonmusk, @josephmenn, @chetfaliszek, and @washingtonpost
| Ari Levy / CNBC: |
Coinbase, Robinhood, UiPath, Marqeta, and Toast are down 65%+ from their IPO price, and over half of 53 tech companies that went public in 2021 are down 50%+ — - After a banner year for tech IPOs in 2021, the most notable companies to go public are now suffering some of the biggest losses on the market.
More:
CoinDesk
| Yoko Kubota / Wall Street Journal: |
Sources: as China restricts access due to COVID-19, Apple is giving local workers more authority as US staff monitors progress using live streaming and AR — Tech giant passes more authority to local workers, uses live streaming and augmented reality to ensure products made in China come out on time
More:
The Verge, MacRumors, iThinkDifferent, MacDailyNews, iPhone in Canada Blog, The Mac Observer, AppleInsider, Philip Elmer‑DeWitt, and 9to5Mac
Tweets: @pstasiatech, @anthony, @jchengwsj, and @niubi
| Kevin Collier / NBC News: |
Lincoln College is set to become the first US higher education institution to close in part due to a ransomware attack, which upset admissions in December 2021 — Lincoln College is scheduled to close its doors Friday, becoming the first U.S. institution of higher learning to shut down in part due to a ransomware attack.
More:
Bloomberg, Engadget, The Hill, IT Management, and Herald & Review
Tweets: @kevincollier, @chrisgnardi, @k8em0, @oneunderscore__, and @ericgeller
| New York Times: |
Tesla's stock is down 30%+ since Elon Musk disclosed his Twitter stake on April 4, as investors worry about his personal debt and Twitter becoming a distraction — The chief executive's debt load, his divided attention and Twitter's own challenges could all take a toll on his electric-car company.
More:
Hindenburg Research, Axios, The Guardian, Sylvain Saurel's Newsletter, and Wccftech
Tweets: @johnwilson, @masonpelt, @alex, and @gmbutts
| Janko Roettgers / Protocol: |
Despite Apple's AR push, mobile Safari's lack of support for web-based AR lags browser makers Google, Samsung, and Opera, which have supported WebXR for years — “AR is going to change the way we use technology forever.” For the past five years, Tim Cook has used every possible opportunity …
More:
9to5Mac and AppleInsider
| Todd Spangler / Variety: |
IAB and PwC report: US podcast ad revenue hit $1.45B in 2021, up 72% YoY, and is expected to grow 47% to $2.13B in 2022 and grow to $4.2B in 2024 — Listen to this: The podcast advertising biz is continuing its upward trajectory — with U.S. ad sales expected to grow 47% this year to $2.13 billion … | Ax Sharma / BleepingComputer: |
Costa Rica's president declares a state of emergency after the Conti ransomware group publishes 672GB of data that appears to belong to government agencies — The Costa Rican President Rodrigo Chaves has declared a national emergency following cyber attacks from Conti ransomware group on multiple government bodies.
More:
Metacurity, Tech Monitor, Dark Reading, The Record, Gizmodo, Silicon Republic, Malwarebytes Labs, Bob's Newsletter, Cybernews.com, The Hacker News, and Reuters
Tweets: @statedeptspox and @campuscodi
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