Techmeme
July 1, 2022, 3:50 PM

Top News

Dan Milmo / The Guardian:
The EU agrees on new crypto rules, including measures guarding against market abuse and requiring crypto firms to disclose environmental impacts of their assets  —  MiCA law contains measures to guard against market abuse and manipulation  —  The EU has moved to rein in the “wild west” …
Dan Primack / Axios:
BlockFi says it agreed to an option to be acquired by FTX for up to $240M; the deal also includes a $400M revolving credit facility from FTX  —  Troubled crypto lender BlockFi said Friday that it agreed to an option to be acquired by FTX for up to $240 million.
Wall Street Journal:
Sources: Klarna is nearing a deal to raise ~$650M mostly from existing investors led by Sequoia Capital at a ~$6.5B valuation, down from $45.6B in June 2021  —  The deal would be a huge comedown for the company, which investors valued at $45.6 billion in 2021
Alex Barinka / Bloomberg:
In a letter to nine GOP senators, TikTok says China-based employees who clear internal security protocols can access certain information on TikTok's US users  —  TikTok, the viral video-sharing app owned by China's ByteDance Ltd., said certain employees outside the US can access information …
Reuters:
Google settles a lawsuit by agreeing in part to put $90M in a fund for US app developers who made $2M or less in annual Play Store revenue from 2016 to 2021  —  Alphabet Inc's (GOOGL.O) Google has agreed to pay $90 million to settle a legal fight with app developers over the money …
Chance Miller / 9to5Mac:
Biden to award a posthumous Medal of Freedom to Steve Jobs for changing the way the world communicates and transforming the computer, music, and film industries  —  The Biden Administration has announced the recipients of the Presidential Medal of Freedom for this year.
Michael Sheetz / CNBC:
The FCC authorizes SpaceX to provide Starlink satellite internet to vehicles in motion, including commercial airlines, shipping vessels, semitrucks, and RVs  —  - The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion …
Sergiu Gatlan / BleepingComputer:
Kaspersky researchers found malware used in the wild since at least March 2021 to backdoor Microsoft Exchange servers of government and military organizations  —  Attackers used a newly discovered malware to backdoor Microsoft Exchange servers belonging to government and military organizations from Europe …
New York Times:
Netflix executives say they don't plan to change programming; two bank analysts say a cheaper ad-supported tier could cannibalize the higher-paying subscribers  —  Long Hollywood's leading innovator, the streaming service is staying the course, despite serious challenges to its business and questions about its content.
Craig Silverman / ProPublica:
Google gave user data to Russian ad company RuTarget, including potentially sensitive info about users in Ukraine, four months after the US sanctioned RuTarget  —  The internet giant may have provided Sberbank-owned RuTarget with unique mobile phone IDs, IP addresses, location information …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS  —  Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered.  In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
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.
Techmeme Ride Home:
Fri. 12/20 - Gemini Flash Thinking
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:50 PM ET, July 1, 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

Aisha Malik / TechCrunch:
Jonathan Stempel / Reuters:

Earlier Picks

Mitchell Clark / The Verge:
Danny Nelson / CoinDesk:
Katie Paul / Reuters:
TechCrunch:
Jon Porter / The Verge:
Yueqi Yang / Bloomberg:
Bloomberg:
Joanna Ossinger / Bloomberg: