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July 15, 2022, 9:10 PM
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| Jef Feeley / Bloomberg: |
Filing: Elon Musk's lawyers say Twitter is unfairly pushing for a “warp speed” four-day trial in September and ask for a court date in February 2023 or later — Elon Musk's lawyers say Twitter Inc. officials are unfairly pushing for a “warp speed” trial over claims … | Jonathan Vanian / CNBC: |
SEC filing: Twitter's board invites shareholders to a special meeting to vote on Elon Musk's acquisition and unanimously recommends they approve the deal — - In an SEC filing on Friday, Twitter told investors that approving the company's sale to Elon Musk is the only remaining step in satisfying the merger agreement.
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SEC.gov, Protocol, and New York Post
| Kadhim Shubber / Financial Times: |
In a court filing, CEO Alex Mashinsky said Celsius was owed $439M by a “private lending platform”, which sources say is specialist finance company EquitiesFirst — Specialist finance group owes $439mn to digital assets lender — A mysterious debtor to Celsius Network referenced …
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Coppola Comment, Attack of the 50 Foot …, The Block, CryptoPotato, Crypto Briefing, Crypto Adventure, CoinDesk, Wu Blockchain, Cointelegraph, PYMNTS.com, Ars Technica, Gizmodo, and Bloomberg
Tweets: @kadhim, @kadhim, @equitiesfirst, @kadhim, @bennetttomlin, @alexhern, @silvermanjacob, @nkulw, @fd, @ncweaver, @dirtybubblemed3, @0x, @richardbistrong, and @eliotwb
| Bloomberg: |
Celsius' Chapter 11 filing shows that its biggest creditor, to which it owes $81.1M, is obscure fund Pharos, which has staff with links to Sam Bankman-Fried — Among the more than 100,000 creditors of Celsius Network Ltd., the crypto lender that filed for bankruptcy on Wednesday, one entity stands out: Pharos USD Fund SP.
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CryptoSlate, Coinspeaker, The Register, Fortune, and Ethereum World News
Tweets: @emilyjnicolle, @emilyjnicolle, @adamlevitin, @bwilliliou, and @markets
| Yueqi Yang / Bloomberg: |
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| Jon Brodkin / Ars Technica: |
FCC Chair Jessica Rosenworcel proposes a US broadband standard of 100Mbps down and 20Mbps up; the proposal requires a vote in the currently deadlocked FCC — Pai FCC said 25Mbps down and 3Mbps up was enough—Rosenworcel proposes 100/20Mbps. — Federal Communications Commission Chairwoman …
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Tweets: @jrosenworcelfcc, @fcc, and @karlbode
| Ryan Tracy / Wall Street Journal: |
TikTok says its global CSO Roland Cloutier will step down in September to take an advisory role, and that the move is not related to security concerns in the US — Roland Cloutier to take advisory role; Kim Albarella, head of security risk, tapped as interim CSO
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TikTok, TechCrunch, The Record, Adweek, Insider, LinkedIn, Reuters, Engadget, The Economic Times, Tubefilter, Bloomberg, Variety, CSO, and Slashdot. Tweets: @fryan
| Ivan Mehta / TechCrunch: |
Twitter is testing custom timelines built by developers that list content around specific themes, starting with one about The Bachelorette in the US and Canada — Twitter is testing a new feature that will show users custom timelines built by developers that will merge Tweets …
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The Verge, iPhone in Canada Blog, Adweek, and Android Headlines
Tweets: @jaysullivan, @chillmage, @michellemanafy, and @andreitr
| Dan Goodin / Ars Technica: |
Chainalysis: the 30-day moving average of crypto sent to mixers hit a record $51.8M in April 2022, as funds from sanctioned and criminal groups almost doubled — Despite a significant Achilles' heel, mixers are seeing unprecedented demand. — The amount of cryptocurrency flowing …
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Chainalysis, Metacurity, Gizmodo, Cointelegraph, Crowdfund Insider, Cryptonews, The Record, Blockchain News, Slashdot, Decrypt, Blockworks, and CyberScoop
Tweets: @chainalysis, @wublockchain, and @malwarejake
| Patrick Howell O'Neill / MIT Technology Review: |
A look at DARPA's SocialCyber, a project that combines sociology with AI to protect open-source communities and the code they create from malicious campaigns — Open-source code runs on every computer on the planet—and keeps America's critical infrastructure going. DARPA is worried about how well it can be trusted| Chris Metinko / Crunchbase News: |
Investment in VC-backed crypto companies fell from a record $12.5B in H1 2021 to about $9.3B in H1 2022, while the number of deals increased from 456 to 534 — The crypto winter is not descending upon just holders of digital currency—but also those startups looking for funding.
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CryptoSlate and CoinDesk
| Kyle Wiggers / TechCrunch: |
Boston-based Robin, which makes office reservation software, has raised a $30M Series C led by Tola Capital, bringing its total funding to more than $59M — Thanks to the pandemic, teams are more distributed than ever. For some companies, that's led to a disconnect between lower-level employees …
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FinSMEs
| Brian Steinberg / Variety: |
Disney plans to raise ESPN+'s monthly subscription from $6.99 to $9.99 and its annual price from $69.99 to $99.99, 43% increases, starting on August 23, 2022 — The Disney-backed streaming-video sports service intends to raise its monthly subscription fee by $3 a month …
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Sports Business Journal, Android Central, The Wrap, Bloomberg, Digital Trends, 9to5Mac, Investing.com, The Verge, CNBC, Hollywood Reporter, Android Headlines, Tom's Guide, New York Post, Techhive.com, The Streamable, TBD, Deadline, and Engadget
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