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October 17, 2022, 8:35 PM
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| Jon Porter / The Verge: |
Parler agrees to be acquired by Ye, formerly Kanye West, to create “an uncancelable ecosystem where all voices are welcome”; the deal is set to close in Q4 2022 — Kanye West, the musician also known as Ye, is buying Parler, a social media platform that styles itself as a “free speech” alternative to Twitter.
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| Noah Smith / Noahpinion: |
Analysis: why the Biden administration's sweeping export controls on China's chip sector happened now and how they could usher in a new global economic paradigm — Now it's on. — “You come at the king, you best not miss.” — Omar Little — In a post back in August …
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| Nikkei Asia: |
Sources: Apple freezes its plans to use YMTC memory chips in its products, including iPhones, following the latest US export controls on China's tech sector — Company previously planned to put Chinese-made memory in some iPhones
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| Janko Roettgers / Protocol: |
Netflix rolls out a feature globally to let users transfer all their personalized viewing data to a new account, ahead of a crackdown on account sharing in 2023 — Netflix is making it easier for people to disentangle their personal viewing data: The streaming service is rolling … | Mia Sato / The Verge: |
TikTok plans to raise the age requirement for hosting a livestream from 16 to 18 on November 23 and let hosts limit their livestreams to adult-only audiences — TikTok is updating its livestream system to limit kids from going live and to allow streamers to only reach adults.
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| Corrie Driebusch / Wall Street Journal: |
Sources: Intel is eyeing a significantly lower sub-$20B valuation for the IPO of its Mobileye self-driving car unit, down from the originally expected $50B+ — A target valuation of under $20 billion is expected, down from $50 billion — Intel Corp. INTC 1.97%▲ … | Ann-Marie Alcántara / Wall Street Journal: |
A look at Gas, an iOS app for teens to “gas each other up”; Data.AI: Gas had 500K+ downloads since its August launch, despite being limited to a few US states — Gas is topping Apple's App Store charts despite being limited to a handful of states — TBH was hot.
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Gizmodo. Tweets: @itstheannmarie, @imjoshisrael, @karissabe, @nikitabier, @martyswant, @chrismessina, @gergelyorosz, @sal19, and @wsj
| Nikhilesh De / CoinDesk: |
Filing: Texas' securities regulator is investigating crypto exchange FTX US over allegations the company offers unregistered yield-bearing securities products — Texas securities regulator's director said he set up a yield-bearing account on FTX US, despite identifying his address as being located within the U.S.
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Barron's Online, Bloomberg, Decrypt, Gizmodo, United States Bankruptcy Court, Southern District of New York, Crypto Adventure, Cointelegraph, Protos, Bitcoinist.com, Blockworks, Crypto Briefing, CoinGape, Ethereum World News, Bitcoin News, The Block, CryptoPotato, and CryptoSlate
Tweets: @bitfinexed, @coindesk, and @nikhileshde
| Avery Menegus / Engadget: |
Internal doc: Amazon has a high attrition rate across all levels, costing $8B annually, and workers choose to leave twice as often as layoffs and firings occur — Amazon churns through workers at an astonishing rate, well above industry averages. According to a tranche of documents marked …
Tweets: @mytechmusings, @_katya_long, @kyweise, and @ronmknox
| Bloomberg: |
Stability AI raised a $101M seed, a source says at a ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users — The parent company of Stable Diffusion, an artificial intelligence tool that makes digital art, has reached unicorn status …
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TechCrunch, Stability AI, SiliconANGLE, and Crunchbase News
Tweets: @brianmcc, @grady_booch, @kantrowitz, @pt, @jposhaughnessy, @pt, @briannekimmel, @josephjacks_, @pt, @zck, and @pt
| Miles Kruppa / Wall Street Journal: |
A profile of Google Chief Business Officer Philipp Schindler, who leads sales for Google's online advertising products and most of the company's other services — The search giant's head of sales is a diplomatic negotiator, but leaves some business partners frustrated| Kate Rooney / CNBC: |
Mastercard partners with Paxos to let financial institutions offer cryptocurrency trading to their clients; PayPal already uses Paxos to offer a similar service — - Mastercard is launching a program to let financial institutions offer cryptocurrency trading to their clients.
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Mastercard, Cointelegraph, PYMNTS.com, The Daily Hodl, BTC Times, Forbes, SiliconANGLE, CoinGape, Blockworks, Wealth Management, CryptoPotato, CoinJournal, ZyCrypto, Coinspeaker, Crowdfund Insider, Crypto Daily, Bitcoinist.com, Watcher Guru, The Merkle News, CryptoSlate, Protocol, CryptoGlobe, Ethereum World News, The Block, The Crypto Basic, Decrypt, Finextra, and Bitcoin Magazine
Tweets: @miebachmichael and @paxosglobal
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