Open Links In New Tab
Mobile Archives Site News
Techmeme
June 30, 2022, 2:50 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter

Top News

CoinDesk:
Sources: digital asset trading firm Genesis is potentially facing “hundreds of millions” of dollars in losses, partly through exposure to 3AC and Babel Finance  —  The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance.
Mark Kleinman / Sky News:
Source: a British Virgin Islands court ordered the liquidation of Singapore-based Three Arrows Capital on June 27; Teneo will handle the insolvency process
Steven Ehrlich / Forbes:
After providing $750M in credit lines, Sam Bankman-Fried says some crypto companies are “basically too far gone”, “bearish views on Tether are wrong”, and more
Bloomberg:
EU lawmakers provisionally agree on anti-laundering rules for crypto, requiring verified customer identities for transfers between regulated digital wallets  —  The European Parliament and Council reached a provisional agreement to force crypto providers to provide identifying information …
Nikhilesh De / CoinDesk:
Grayscale Investments sues the US SEC after the agency rejected its application on Wednesday to convert its flagship Grayscale Bitcoin Trust product to an ETF  —  The SEC rejected Grayscale's application to convert its Grayscale Bitcoin Trust to an exchange-traded fund earlier Wednesday.
Sam Biddle / The Intercept:
Docs: Coinbase is selling features of its intelligence-gathering tool Coinbase Tracer to ICE, letting ICE track crypto transactions including bitcoin and ether  —  Coinbase, the largest cryptocurrency exchange in the United States, is selling Immigrations and Customs Enforcement a suite …
Jason Schreier / Bloomberg:
Niantic, the company behind Pokémon Go, lays off 8% of its staff, around 85 to 90 people, and cancels four projects; Niantic was valued at $9B in November 2021  —  Gaming company Niantic Inc., which has struggled to find another big hit following its 2016 game Pokémon Go …
Lawrence Abrams / BleepingComputer:
Firefox now offers a feature to strip some web trackers of Meta, HubSpot, and Marketo from URLs, following similar functionality in Brave  —  Mozilla Firefox 102 was released today with a new privacy feature that strips parameters from URLs that are used to track you around the web.
Ari Notis / Kotaku:
Unity is laying off over 200 people, or 4% of its workforce, two weeks after the CEO said at an all-hands meeting that there won't be any layoffs  —  Management at the company behind the free game development engine has been a ‘shit show’ recently, sources say
Wall Street Journal:
Researchers say some businesses are exaggerating AI's capabilities, brewing misunderstanding and distorting policymakers' views of AI's power and fallibility  —  Google, Meta and OpenAI are investing heavily in the technology, which is increasingly capturing the public imagination
Dan Goodin / Ars Technica:
Researchers detail sophisticated malware targeting various routers and taking over Windows, macOS, and Linux devices, in North America and Europe for ~2 years  —  Router-stalking ZuoRAT is likely the work of a sophisticated nation-state, researchers say.  —  An unusually advanced hacking group …
Aisha Counts / Protocol:
Google Workspace head Javier Soltero, who managed Google's productivity and collaboration tools including Gmail and Meet, is leaving the company on July 15  —  Javier Soltero is leaving Google Workspace, Google Cloud President Thomas Kurian announced Wednesday in an email to staff viewed by Protocol.
Moneycontrol:
Sources: Byju's has laid off 1,500+ staff from Toppr and WhiteHat Jr, two companies it acquired in the past two years, and ~1,000 from its core operations teams  —  Byju's has laid off full-time and contractual employees from Toppr, WhiteHat Jr, and its core team across sales and marketing, operations, content and design teams
Financial Times:
Officials in Zhengzhou, China, used a location-based health code system to prevent protests by forcing 1,000+ depositors of failing rural banks to quarantine  —  More than two years into the coronavirus pandemic, everyday life for most of China's 1.4bn citizens hinges on the colour of a health code on a smartphone app.

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Zoho Sign is a “high growth performer” in the Frost & Sullivan's Frost Radar™ for electronic signature software, 2024  —  We are happy to announce that Zoho Sign has clinched a position as a high growth performer …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Sponsor Techmeme
Techmeme Ride Home:
 Thu. 11/07 - More Election Stuff
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
Sponsor this podcast
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:50 AM ET, June 30, 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.

From Mediagazer

Brian Stelter / CNN:
After Trump won, US journalists question what a “red wave” election says about the information environment and the media's credibility, influence, and audience

Dade Hayes / Deadline:
In an earnings call, David Zaslav says the Trump Administration may be more merger friendly, enabling a “real positive and accelerated impact on this industry”

Austin Fuller / Current:
How public media newsrooms in Nevada, Wyoming, Colorado, and Oklahoma are enhancing their statehouse journalism with funding from CPB

More News

Allyson Versprille / Bloomberg:
Sources: the Treasury Department and the IRS are likely to postpone a January 2023 starting date for crypto companies to track clients' capital gains and losses
Stephen Alpher / CoinDesk:
MicroStrategy purchased 480 bitcoins at a $20,817 average price from May 3 to June 28, bringing its holdings to 129,699, acquired for ~$3.98B or $30,664 each
Alex Heath / The Verge:
Snap launches Snapchat+, offering exclusive, experimental, and pre-release Snapchat features for $3.99 per month, starting in nine countries

Earlier Picks

Raymond Wong / Input:
Carl Pei says Nothing phone (1) will use the mid-range Snapdragon 778G+, not the high-end 8 Gen 1, citing a balance of cost, performance, and power consumption
David Yaffe-Bellany / New York Times:
Forbes estimates the 16 richest crypto billionaires lost $59B+ between March and June, led by Binance's Changpeng Zhao, as retail investors suffer heavy losses
Wall Street Journal:
Internal documents from 2021 show Celsius issued large loans backed by little collateral while pitching itself as less risky than a bank with better returns
Patrick McGee / Financial Times:
Some VR developers express frustration with Meta's Quest Store fees, a 30% cut for purchases and 15% to 30% for subscriptions, given Meta's criticism of Apple
Evelyn Cheng / CNBC:
The FCC's Brendan Carr calls on Apple and Google to remove TikTok from app stores due to China-related security concerns or explain why they haven't by July 8
Michael Bellusci / CoinDesk:
CoinFlex CEO Mark Lamb says crypto investor Roger Ver owes the exchange $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter