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June 28, 2022, 8:25 PM
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| Bloomberg: |
After freezing withdrawals, crypto exchange CoinFlex plans to issue up to 47M Recovery Value USD tokens, offering a 20% annual return, to repay a $47M debt — Cryptocurrency exchange CoinFlex plans to raise funds by issuing a new token that will offer a 20% annual return …
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CoinFLEX, CNBC, The Verge, Blockworks, Ethereum World News, CoinDesk, Coinspeaker, Crypto Briefing, CryptoSlate, Blockchain News, The Block, Cryptonews, Cointelegraph, and Web3 is going just great
Tweets: @fatmanterra, @fatmanterra, @freddieraynolds, @btc_jacksparrow, @pentosh1, @lomahcrypto, @caspiancey, @dougpolkvids, @coinflexdotcom, @fintechfrank, @arjunkharpal, @coinflexdotcom, @freddieraynolds, @edstromandrew, @williamlegate, @devahaz, @robaeprice, @alexhern, @alphaketchum, @bcrypt, @thecryptolark, @bitfinexed, @joshelman, @ave_eli, @seldo, @carzonfye, @dixonpiper69, @chrisblec, @unusual_whales, and @fatmanterra
| Michael Bellusci / CoinDesk: |
CoinFLEX CEO Mark Lamb says crypto investor Roger Ver owes CoinFLEX $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty — The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.
More:
Crypto Briefing, Cointelegraph, Decrypt, Bloomberg, VICE, and The Block
Tweets: @rogerkver, @markdavidlamb, @markdavidlamb, @markdavidlamb, @markdavidlamb, and @markdavidlamb
| Hadlee Simons / Android Authority: |
Arm announces new mobile Armv9 CPUs with improved performance and new GPUs including the flagship Immortalis-G715, its first with hardware-enabled ray-tracing — It's that time of the year when industry colossus Arm reveals its new line of CPUs and GPUs that will power the following year's smartphones.
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Arm Community, Arm Community, Arm, Phoronix, Neowin, VideoCardz.com, The Verge, The Register, XDA Developers, PCWorld, Club386, and Android Police
Tweets: @starfire2258, @arm, @tomwarren, and @mediatek
| Sarah E. Needleman / Wall Street Journal: |
Pinterest CEO Ben Silbermann is stepping down and transitioning to executive chairman, to be replaced by Google's president of commerce Bill Ready — The social-media company says Ben Silbermann will transition to executive chairman after leading the company since its founding in 2010
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Reuters, PYMNTS.com, The Verge, The Information, TechCrunch, 9to5Google, New York Times, CNBC, Pinterest, San Francisco Business Journal, Bloomberg, Reuters, Benzinga, MarketWatch, MarketWatch, Fast Company, Barron's Online, and Pinterest
Tweets: @williamready, @profgalloway, @glenngabe, @triketora, @iankar_, and @owenthomas
| Shannon Liao / Washington Post: |
Sony launches InZone, a brand of gaming devices aimed at PC gamers but with tight PS5 integration, starting with 4K and 1080p 27" monitors and three headsets — The brand will leverage Sony's high quality display and audio technologies, said Sony home entertainment president Kazuo Kii
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The Verge, Ars Technica, Tech Advisor, Windows Central, CNET, Gizmodo, Forbes, Dexerto, Tom's Hardware, Gizmodo, Tom's Hardware, ZDNet, VentureBeat, TheGamer, Video Games Chronicle, Polygon, Tom's Guide, PCMag, PC Gamer, TheStreet, IGN, IGN, YouTube, ScreenRant, and TechRadar
Tweets: @rukizzel, @thetacticalbrit, @nanopolymath, @starfire2258, @shannon_liao, and @videotech_
| Abner Li / 9to5Google: |
Google announces Google Public Sector, a new division aiming to bring Google Cloud tech to US educational institutions and federal, state, and local governments — Google today is home to two divisions that have their own CEOs: Cloud and YouTube. “Google Public Sector” was announced today as a …
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Cloud Blog, Defense One, Protocol, SiliconANGLE, Thurrott, Bloomberg Law, Federal Computer Week, and FedScoop
Tweets: @jamiebishop123, @frankcatalano, and @googlecloud
| James Vincent / The Verge: |
Airbnb makes its temporary ban on parties at rented properties, introduced in 2020, permanent, saying the ban “became much more than a public health measure” — But a 16-person cap on rentals has been removed — In 2020, Airbnb introduced a temporary ban on house parties …
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Airbnb Newsroom, CNBC, San Francisco Business Journal, TechCrunch, Reuters, WRAL TechWire, CNN, The Hill, Insider, and Engadget
Tweets: @ronlieber and @russellbrandom
| Jay Peters / The Verge: |
Meta tests Discord-like changes in Facebook Groups, adding a channels list in a left-aligned sidebar that can include audio rooms, text chats, and feeds — New Groups changes seem inspired directly by Discord — Facebook Groups are about to get some big changes, and if you've used Discord …
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Meta, MacRumors, 9to5Mac, Search Engine Land, Social Media Today, Engadget, TechCrunch, and Adweek
Tweets: @metanewsroom, @alexeheath, @alexvoica, @pierce, @alexeheath, and @lucasmtny
| Charlie Warzel / The Atlantic: |
a16z's Marc Andreessen and Packy McCormick failing to coherently explain Web3 use cases demonstrates the hollowness of the space, often obscured by boosterism — I cannot stop watching crypto profiteers get owned. … I cannot stop watching videos of Web3 boosters failing to explain the usefulness of the technology.
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Not Boring by Packy McCormick, Ed Zitron's Where's Your Ed At, Not Boring by Packy McCormick, Newslit Daily, and Bloomberg
Tweets: @cwarzel, @packym, @dkthomp, @dlberes, @anildash, @johnreedstark, @cwarzel, @webtwoboomer, @cwarzel, @jason_kint, @silvermanjacob, @dsilverman, @liron, @alexhern, @edzitron, @modeledbehavior, @grady_booch, @willsh, @pkafka, @t0nyyates, @stevekovach, @theatlantic, @robaeprice, @cwarzel, @daningevaldson, @tante, @codybrown, @hblodget, and @liron
| Reuters: |
A deep dive into Truth Social's struggles to build a competitive social media platform, largely because the company alienated tech talent and corporate partners — The firebrand former President Trump's social media firm has struggled to build a competitive platform.
Tweets: @mjberens1, @nandoodles, @reuters, @reuters, @reuters, and @jayrosen_nyu
| Mark Gurman / Bloomberg: |
Sources: Samsung Display acquires Germany-based OLED startup Cynora, which specialized in displays for foldable devices, for about $300M for its IP and tech — Samsung Display Co. has purchased display company Cynora GmbH for about $300 million, according to people with knowledge of the matter … | Will Knight / Wired: |
A look at DALL-E Mini, a viral image-generation service by Hugging Face based on OpenAI's DALL-E offering good, absurd fun while showing how AI can warp reality — The viral image-generation app is good, absurd fun. It's also giving the world an education in how artificial intelligence may warp reality.
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Interdependent Thoughts. Tweets: @weirddalle, @weirddalle, @weirddalle, @lux_capital, @wired, @gadgetlab, @weirddalle, @willknight, and @weirddalle
| Stephanie Condon / ZDNet: |
Google makes Earth Engine, which offers sophisticated information about the Earth's surface, available to any commercial or government entity using Google Cloud — For the past decade, researchers in academia and the nonprofit world have had access to increasingly sophisticated information about the Earth's surface.
More:
The Keyword, SiliconANGLE, Google Cloud Blog, TechCrunch, PCMag, Bloomberg, and IT Management
Tweets: @koen_hufkens, @aravind_raves, and @rebeccatmoore
| Sarah E. Needleman / Wall Street Journal: |
After Twitter gives Elon Musk access to its firehose and historical tweet data, experts doubt the data will provide conclusive answers on spam accounts and bots — Billionaire has access to the company's fire hose of tweets, but data specialists say analyzing it isn't easy| Anna Gross / Financial Times: |
An interview with Arm CEO Rene Haas on the company's plans to use its IPO proceeds to pursue M&A deals and expand hiring, after Arm China changed its leadership — Chief executive Rene Haas lays out ambitious course of expansion for the UK chip designer despite tech downturn| Katie Roof / Bloomberg: |
FrontApp, which offers the Front customer communications tool, raised $65M led by Salesforce and Battery at a $1.7B post-money valuation, up from $859M in 2020 — Customer communication software maker FrontApp Inc. is now valued at $1.7 billion after receiving $65 million in financing led by Salesforce Ventures and Battery Ventures.
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