Techmeme
July 6, 2022, 10:40 AM

Top News

CoinDesk:
Toronto-based crypto lender Voyager Digital files for Chapter 11 bankruptcy protection in New York, estimating it has 100,000+ creditors and $1B-$10B in assets  —  The Toronto-based lender filed for Chapter 11 bankruptcy in New York late Tuesday.  —  Crypto lender Voyager Digital filed …
Ryan Browne / CNBC:
Bloomberg:
Sources: the US is lobbying the Netherlands to ban ASML from selling its older deep ultraviolet lithography systems for making less-advanced chips to China  —  The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk …
Ingrid Lunden / TechCrunch:
Amazon partners with Just Eat Takeaway to offer a free one-year Grubhub+ subscription to Prime members in the US; Amazon also receives equity in Grubhub  —  Amazon tried but then ultimately stepped away from building its own cost-intensive Grubhub and DoorDash competitor in the U.S. back in 2019.
Ryan Browne / CNBC:
The UK's CMA opens an antitrust investigation into Microsoft's proposed Activision Blizzard acquisition, setting a September 1 deadline for its initial decision  —  - It marks one of the first probes by a major antitrust enforcer into the $68.7 billion deal, which was announced in January.
Javier Espinoza / Financial Times:
Sources: Amazon will share more data with rivals and offer buyers a wider choice of products to assuage EU antitrust regulators, ending two high-profile probes  —  Agreement set to give more information to online platform's third-party sellers and close two probes
Sky News:
The UK's CMA opens an investigation into whether Amazon distorts competition by favoring its own retail business or sellers that use its Prime services  —  Amazon is being investigated by Britain's antitrust watchdog over concerns that some of its practices in the UK may be anticompetitive and result in a worse deal for customers.
Derek B. Johnson / SC Media:
NIST selects four encryption algorithms designed to withstand future quantum computing hacking threats and underpin its future cryptography standards by 2024  —  For years, the National Institute for Standards and Technology have been working on a project to identify and vet a handful …
Ryan Weeks / The Block:
Sources: a senior Axie Infinity engineer was duped by a fake LinkedIn job ad before downloading a PDF containing spyware, leading to the $600M+ Ronin hack  —  - Hackers duped a senior engineer at Axie Infinity into applying for a job at a fictitious company.
Leah Nylen / Bloomberg:
The DOJ hires former Microsoft chief economist Susan Athey as its top antitrust economist; sources say Athey will likely be recused from Apple and Google cases  —  Susan Athey, a Stanford University professor and former chief economist at Microsoft Corp., is joining the Justice Department as its top antitrust economist.
Yueqi Yang / Bloomberg:
Crypto exchange Bitstamp plans to charge a monthly €10 fee for non-US accounts that are inactive for one year with a balance below €200, starting on August 1  —  Crypto exchange Bitstamp plans to charge a monthly “inactivity fee” for certain users, as the market downturn weighs on trading volume in the industry.
James Vincent / The Verge:
Meta open sources its AI translation model, which works across 200 languages, as part of its ambitious R&D project to create a “universal speech translator”  —  Meta's ambition to build a ‘universal translator’ continue  —  Social media conglomerate Meta has created …
Dan Milmo / The Guardian:
The UK proposes an Online Safety Bill amendment that would force tech firms to scan for and remove CSAM or be fined up to £18M or 10% of their annual turnover  —  Amendment to online safety bill would require tech firms to make their ‘best endeavours’ to deploy new technology
Foo Yun Chee / Reuters:

Sponsor Posts

TELUS Digital:
The brand supporting the biggest brands in tech  —  Deliver memorable experiences throughout the customer journey with customer experience support from TELUS Digital.  Scale quickly, automate efficiently and win decisively.
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
Gamification: A simple way to enjoy getting more work done  —  Work doesn't have to be boring.  Gamification transforms everyday tasks into exciting challenges, making employees feel more engaged and motivated.
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:
Europe Wants To Ween Itself Off Silicon Valley
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
How Trump's tariff chaos is already changing global trade
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
From Bootstrapped to $12B: Mailchimp's Ben Chestnut on Life After the Exit
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The hidden power of introverts: How to thrive without changing who you are | Susan Cain (author of "Quiet")
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.
The Logan Bartlett Show:
Flexport CEO Ryan Petersen Breaks Down the Global Impact of Trump's New Tariffs
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:40 AM ET, July 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

Emily Flitter / New York Times:

Earlier Picks

Emily Baker-White / Forbes:
David Pan / Bloomberg:
Paul MacInnes / The Guardian:
Munsif Vengattil / Reuters:
Sarah Zheng / Bloomberg: