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August 8, 2022, 3:00 PM
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WeSmirchTop News
| Kollen Post / The Block: |
The US Treasury sanctions crypto mixing service Tornado Cash and 44 related ETH and USDC wallets, citing their use in high-profile hacks, such as by North Korea — - The Treasury is sanctioning DeFi mixing service, Tornado Cash. — The move is the agency's second sanction of a mixing service.
More:
CoinDesk, Bloomberg, The Hill, Coin Center, PCMag, CoinDesk, SiliconANGLE, Engadget, TechCrunch, Finextra, Fortune, Crypto Daily, Bloomberg Law, Washington Post, TRM Insights, and Crypto Briefing
Tweets: @thestalwart, @blockanalia, @matthew_d_green, @albertwenger, @sethforprivacy, @ericgeller, @tier10k, @goldman, @neerajka, @nicoleperlroth, @prestonjbyrne, @sniko_, @ncweaver, @ourielohayon, @smdiehl, @sethforprivacy, @michaeltant3, @eamonjavers, @semenov_roman_, @ivanthek, @cobie, @coinmamba, @liron, @cobie, @molly0xfff, @williamjluther, @0xfoobar, @derekmross, @ericgeller, @ncweaver, @cobie, @concodanomics, @ericgeller, @mayazi, @ivanthek, @dogetoshi, @juthica, @antoniomjuliano, @josephdelong, @marionawfal, @kevincollier, @koeppelmann, @migueldeicaza, @adamscochran, @fredericjacobs, @0xfoobar, @robustus, @undersectfi, @cobie, @degenspartan, @adamscochran, @gossithedog, @prestonjbyrne, @adamscochran, @masonic_tweets, @howelloneill, @loomdart, and @pierre_crypt0
| Carly Page / TechCrunch: |
Twilio discloses “unauthorized access” on August 4 by a “sophisticated” unknown actor using an SMS-based phishing attack on staff to gain info on some accounts — Communications giant Twilio has confirmed hackers accessed customer data after successfully tricking employees …
Source:
Twilio Blog. More:
BleepingComputer, The Register, Protocol, CRN, CyberScoop, Bloomberg, BleepingComputer, and GovInfoSecurity.com
Tweets: @zackwhittaker, @tonyajoriley, @mikko, @hackingdave, @zackwhittaker, @cz_binance, @hackinglz, @racheltobac, @racheltobac, @zackwhittaker, and @pyrotek3
| Sam Nussey / Reuters: |
SoftBank reports a ~$17.23B loss for Vision Fund in Q1 2022, as the value of its tech portfolio fell, including SenseTime and Uber, after a record Q4 2021 loss — SoftBank Group Corp (9984.T) on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter …
Source:
SoftBank Group Corp.. More:
Wall Street Journal, TechCrunch, Bloomberg, AltFi, CNBC, TechCrunch, CNBC, TechCrunch, Moneycontrol, The Economic Times, Bloomberg, Bloomberg, Reuters, Bloomberg, and Coinspeaker
| Jack Stebbins / CNBC: |
Apptopia: Netflix's games have 23.3M downloads and average 1.7M DAUs, under 1% of Netflix's 221M subscribers; Netflix plans to have 50 games by the end of 2022 — - Netflix plans to expand its video game catalog from 24 to 50 by year-end, marking a significant investment.| Mark Gurman / Bloomberg: |
Filings: Apple spent $33M in fiscal 2021 and $169M in 2022 to date on acquisition payments, down from $1.5B in 2020, a dramatic slowdown in its dealmaking — Apple Inc., which used to acquire a company every three or four weeks, has dramatically slowed its dealmaking in the past two years …
More:
PhoneArena, Philip Elmer‑DeWitt, AppleInsider, MacRumors, Patently Apple, MacDailyNews, and 9to5Mac
Tweets: @counternotions and @markgurman
| Olga Kharif / Bloomberg: |
A look at potential Ethereum forks, led by some miners, who face grim prospects after the Merge to a proof-of-stake model that's expected as early as September — A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon.
More:
CryptoSlate, The Block, The Block, CoinDesk, CoinDesk, Decrypt, Bloomberg, Crypto Briefing, and The Crypto Basic
Tweets: @justinsuntron, @hasufl, @barrysilbert, @jackniewold, @galois_capital, @econoar, @chainlinkgod, @hsakatrades, @dennis_porter_, @dennis_porter_, @jackniewold, @ntmoney, @justinsuntron, @econoar, @laurashin, @hsakatrades, @galois_capital, @muneeb, @_checkmatey_, @pseudotheos, @adietrichs, @kevinsekniqi, @petejkim, @seldo, @hosseeb, @fatmanterra, and @jackniewold
| Sankalp Phartiyal / Bloomberg: |
Sources: India plans to restrict Chinese smartphone makers from selling devices below ~$150 to boost its domestic industry, impacting Xiaomi, Realme, and others — India seeks to restrict Chinese smartphone makers from selling devices cheaper than 12,000 rupees ($150) to kickstart …
More:
Inc42 Media and BGR India
Tweets: @varunkrish, @dattaameet, @mhaskarchief, @parkyprakhar, @byron_wan, @neiltwitz, @baxiabhishek, @counternotions, and @r3dash
| Patrick Coffee / Wall Street Journal: |
Lyft forms Lyft Media, a business unit to consolidate and expand its ad offerings, and plans to show more ads in cars, on its app, and at bike-share stations — Through its Lyft Media unit, the ride-hailing company plans to offer more ads inside cars, on its app and at bike-share stations
More:
Lyft, TechCrunch, PYMNTS.com, and WeRSM
Tweets: @itstheannmarie, @megancgraham, @counternotions, @om, and @patrickcoffee
| Wall Street Journal: |
A profile of Celsius CEO Alex Mashinsky, as the company goes bankrupt; sources say he is a brash entrepreneur who has left many investors and colleagues unhappy — Entrepreneur proposed a stream of moonshot ideas in different industries over many years—and frequently left a string of unhappy colleagues and investors
Tweets: @vlajournaliste, @donnaredel, @yoda, @mikealfred, and @ahcastor
| Jacob Kastrenakes / The Verge: |
Google files two lawsuits against Sonos, alleging it infringed on seven patents related to smart speakers and voice control, as part of the long-running dispute — After Sonos won in court earlier this year — Google is striking back at Sonos with a pair of lawsuits alleging …
More:
Ars Technica, HotHardware, Protocol, Ars Technica, Bloomberg Law, TechHive, Reuters, Gizmodo, Android Police, iPhone in Canada Blog, 9to5Google, Thurrott, Neowin, PCMag, TechCrunch, and Appuals.com
Tweets: @lutherlowe and @carnage4life
| Patience Haggin / Wall Street Journal: |
After the draft ruling reversing Roe, location data company Tapestri says two companies asked to buy device data revealing users who visited abortion clinics — Myriad state restrictions on accessing or performing abortions prompt some companies to pledge not to share sensitive mobile-phone data
Tweets: @drpanmd, @elastigirlvotes, @dmarti, @patiencehaggin, @nai, and @patiencehaggin
| Paul Sawers / TechCrunch: |
Vista Equity Partners plans to acquire Seattle-based automated tax compliance software maker Avalara for $8.4B in an all-cash deal — Global investment giant Vista Equity Partners has announced plans to acquire automated tax compliance software provider Avalara, in an all-cash deal worth $8.4 billion.
More:
GeekWire, Avalara, Inc., CRN, Barron's Online, Bloomberg, and Reuters
| Kevin McLaughlin / The Information: |
Sources: DataRobot's CFO and several other executives have resigned after CEO Dan Wright's resignation in July 2022 amid an uproar over execs' quiet stock sales — The chief financial officer and several other senior executives at artificial intelligence startup DataRobot have resigned …
Tweets: @amir
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