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May 17, 2023, 8:00 PM
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memeorandum
WeSmirchTop News
| Yogita Khatri / The Block: |
Tether plans to invest up to 15% of its profits in bitcoin, as the stablecoin developer shifts its reserves toward crypto and away from US government debt — - Tether is set to purchase bitcoin on a regular basis from its profits. — It held $1.5 billion in bitcoin as of the end of the first quarter …
More:
Tether, CoinDesk, NewsBTC, The Daily Hodl, Coinspeaker, Decrypt, ZyCrypto, Blockworks, CoinGape, BeInCrypto, Cryptopolitan, CNBC, crypto.news, CryptoSlate, Coinpedia Fintech News, Bloomberg, Cointelegraph, Finbold, Bitcoin News, Trustnodes, CryptoPotato, Cryptonews, and Watcher Guru
Tweets:
@tether_to, @paoloardoino, @wclementeiii, @alistairmilne, and @ben_mckenzie
| Jess Weatherbed / The Verge: |
Logitech partners with iFixit to help with DIY repairs, supplying spare parts, batteries, and guides for select Logitech hardware starting this summer in the US — / Official spare parts, batteries, and repair guides for select Logitech hardware will be available through iFixit starting ‘this summer.’
More:
iFixit News, Logitech International, PCMag, Neowin, The Register, MobileSyrup, Ars Technica, Engadget, Guru3D.com, SlashGear, ExtremeTech, gHacks Technology News, BGR, 9to5Toys, Liliputing, HotHardware, Windows Central, and PCWorld. Tweets:
@ifixit
| Wall Street Journal: |
Montana Governor Greg Gianforte signs the country's first bill that bans TikTok in a state, set to go into effect on January 1, 2024 — Ban is slated to take effect next year—if it survives expected litigation — Montana's governor signed the country's first bill that outright bans TikTok …
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New York Times, Associated Press, The Verge, Reuters, Associated Press, Bloomberg, The Verge, Washington Post, AppleInsider, TechCrunch, The Hill, Gizmodo, South China Morning Post, Engadget, The Information, CNN, 9to5Mac, Mashable, Quartz, NBC News, Dexerto, Politico, and The Hill
Tweets:
@govgianforte, @emilybell, @dasanil, @geoffbrown82, @80hd_theatre, @chassnews, @pgourevitch, @ryandbusse, @lookner, @popbase, @klonick, @aclu, @eff, @eff, @karlbode, @winterformt, @prchovanec, and @meghanbobrowsky
| Ryan Weeks / The Block: |
Ripple acquires Switzerland-based digital asset custody startup Metaco for $250M in cash and stock and plans to keep the brand and founder Adrien Treccani — San Francisco-based crypto company Ripple today announced an audacious swoop for Swiss custody firm Metaco in a deal worth $250 million.
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Ripple, Reuters, Ripple Labs, San Francisco Business Journal, CoinDesk, Metaco, American Banker, CNBC, Decrypt, Coinspeaker, AltFi, NewsBTC, The Information, Crunchbase News, Cointelegraph, Metaverse Post, TechCrunch, Cryptonews, The Daily Hodl, SiliconANGLE, Coinpedia Fintech News, crypto.news, Tech Startups, ZyCrypto, CryptoGlobe, Cryptopolitan, Fortune, Watcher Guru, Forkast, CryptoSlate, Tech.eu, and CoinGape
Tweets:
@ripple, @metaco_sa, and @maxkeiser
| Nikhilesh De / CoinDesk: |
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United States District Court for the Southern District of New York, Blockworks, Bloomberg, Decrypt, CoinGeek, ZyCrypto, Crypto Daily, Crypto Briefing, Inside Bitcoins, Cointelegraph, Cryptopolitan, Finbold, crypto.news, CryptoPotato, CryptoGlobe, The Crypto Basic, CryptoSlate, The Block, Coinpedia Fintech News, Forkast, and Ethereum World News
Tweets:
@filanlaw, @bgarlinghouse, @attorneyjeremy1, @roslynlayton, @johnedeaton1, and @mayazi
| Laura Cooper / Wall Street Journal: |
Sources: private equity firms Francisco Partners and TPG plan a $5B+ bid to acquire observability software company New Relic; a deal may be reached in weeks — Buyout firms Francisco Partners, TPG team up in $5 billion-plus bid — Private-equity firms Francisco Partners and TPG … | Michelle Faverio / Pew Research Center: |
Survey: 60% of Americans who used Twitter in the past year have taken a break from the social network; 25% say they are not likely to use Twitter in a year — A majority of Americans who have used Twitter in the past year report taking a break from the platform during that time …
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Pew Research Center, TechCrunch, CNBC, Social Media Today, Engadget, The Hill, and Daring Fireball
| Jennifer Elias / CNBC: |
Docs: Google plans to use new AI models for ads, customer service, and to help YouTube creators, and is working on an internal Stable Diffusion-like product — - Google has approved several ad-related artificial intelligence projects to help advertisers and YouTube creators, internal documents show.| Tatum Hunter / Washington Post: |
Ovulation tracking app Premom agrees to pay $200K to settle with the FTC and state AGs for allegedly sharing user information with third parties without consent — The app allegedly shared sensitive user information with China-based companies known for privacy problems
More:
Federal Trade Commission, CyberScoop, CNN, The Record, and DataBreachToday.com
Tweets:
@bernsteingaia, @linakhanftc, @linakhanftc, @linakhanftc, @robertjbateman, and @robertjbateman
| The Information: |
Sources: Snowflake is in advanced talks to acquire Neeva, possibly for AI tools to help companies search internal data; Neeva also shopped itself to Databricks — Database software provider Snowflake has been in advanced talks to acquire Neeva, a search startup founded by former top Google …
Tweets:
@amir
| Sarah Perez / TechCrunch: |
Amazon announces the new $40 semi-circle design Echo Pop, updates the $90 Echo Show 5, $100 Echo Show 5 Kids Edition, $50 Echo Buds, expands Echo Auto, and more — After last fall's Amazon hardware event which brought us a handful of new Echo devices, like the Dot with the clock and other minor updates …
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About Amazon, The Verge, Engadget, PCMag, TechCrunch, ZDNet, Wired, The Verge, Voicebot.ai, XDA Developers, IGN, Android Authority, CNBC, MakeUseOf, Engadget, SlashGear, Bloomberg, Mashable, TechPowerUp, Android Police, Thurrott, Android Central, TechSpot, Techlusive, Patently Apple, GeekWire, Engadget, and AppleInsider
| Chris Welch / The Verge: |
Beats Studio Buds+ review: better sound, ANC, battery, and calls, but ANC lags AirPods Pro 2, no wireless charging, and lacks some of Apple's ecosystem tricks — With better sound, improved noise cancellation, and a standout translucent design, these are everything the original Beats Studio Buds should've been.
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iMore, AppleInsider, XDA Developers, CNET, CNN, Tom's Guide, Engadget, TechCrunch, The Independent, Gizmodo, MobileSyrup, The Mirror, Pocket-lint, 9to5Mac, PCMag, Digital Trends, T3, Daily Mail, Trusted Reviews, MacRumors, AppleInsider, Redmond Pie, Gizchina, 9to5Mac, iPhone in Canada Blog, SlashGear, Wccftech, Cult of Mac, and TechRadar
Tweets:
@beatsbydre, @beatsbydreuk, @chriswelch, and @parkerortolani
| Alex Weprin / The Hollywood Reporter: |
Netflix says its ad tier has nearly 5M global MAUs, with a median age of 34, six months after launch, and makes up 25%+ of signups in countries with the option — In its inaugural upfront advertising event, executives touted the the streaming service's growing ad tier, and unveiled new sponsorship options.
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Wall Street Journal, TechCrunch, Bloomberg, Reuters, The Information, Adweek, Variety, Deadline, The Streamable, and Cord Cutters News. Tweets:
@rwhelanwsj
| Kyle Bradshaw / 9to5Google: |
An update to Google's Personal Safety app for Android suggests the company plans to offer a Dashcam recording feature for Pixel phones and other select devices — Rather than needing to buy a (sometimes pricey) dedicated gadget, you should soon be able to use your Pixel (and select other Android devices) …
More:
MobileSyrup, Pocket-lint, The Verge, XDA Developers, Android Central, PhoneArena, TechSpot, Gizchina, Mashable, Droid Life, Android Police, TechRadar, T3, Android Authority, Neowin, Techlusive, and NextPit. Tweets:
@mishaalrahman
| Lawrence Abrams / BleepingComputer: |
Cybersecurity researchers and IT admins raise concerns over Google's new .zip and .mov TLDs, warning that threat actors could use them for phishing and malware — Cybersecurity researchers and IT admins have raised concerns over Google's new ZIP and MOV Internet domains …
More:
Bobbyr, SiliconANGLE, The Register, Neowin, Netcraft News, CircleID, Digital Trends, mjtsai.com, TechRadar, and text/plain
Tweets:
@1zrr4h, @swiftonsecurity, @ericlaw, @molly0xfff, @smaugpool, @rickasaurus, @seyitaylor, @thejoshmeister, @gf_256, and @troyhunt
| Stephanie Bodoni / Bloomberg: |
Sources: the Irish DPC is set to hand Meta a record EU privacy fine and order the company to stop all data transfers to the US that rely on certain clauses — Facebook owner Meta Platforms Inc. is set to be handed a record European Union privacy fine eclipsing a €746 million ($809 million) penalty doled out to Amazon.com Inc..
More:
Politico and Reuters
Tweets:
@zamaan_qureshi, @stephaniebodoni, @peterrough, @robertjbateman, @jason_kint, @jason_kint, @robertjbateman, and @carlszabo
| Ivan Mehta / TechCrunch: |
Instagram adds support for GIFs in comments on posts and Reels, plans to launch a lyrics feature for Reels, and will roll out Instagram Gifts in India — On Tuesday, Mark Zuckerberg held a chat with Instagram head Adam Mosseri as part of the company launching collaboration feature on broadcast channels.
More:
Meta, Engadget, MobileSyrup, Social Media Today, WeRSM, PhoneArena, Times of India, BigTechWire, The Economic Times, BGR, Gizmochina, gHacks Technology News, The Verge, Techlusive, and Neowin
Tweets:
@sheersocial, @milkkarten, @meetcleo, @jsstansel, @metanewsroom, and @yoda
| Jonathan Greig / The Record: |
Symantec says the advanced persistent threat Lancefly used custom malware to attack Asian governments, telcos, and other organizations from mid-2022 to Q1 2023 — A government-backed hacking group known as “Lancefly” has been seen using custom-made malware to attack governments, telecoms and other organizations across Asia.| Dietrich Knauth / Reuters: |
Voyager expects users to recover ~35% of their crypto deposits as a US judge approves its liquidation plan, letting the company return ~$1.33B in crypto assets — Crypto lender Voyager Digital said Wednesday that customers will recover about 35% of their cryptocurrency deposits as the company winds …
More:
Bloomberg, The Block, Cointelegraph, Cryptopolitan, and NewsBTC
| Reuters: |
Draft doc: European telecoms propose that companies accounting for 5%+ of a provider's peak average internet traffic help fund the rollout of 5G and broadband — Big tech companies accounting for more than 5% of a telecoms provider's peak average internet traffic should help fund the rollout …
More:
MacDailyNews and Meta
| Bloomberg: |
Cisco reports Q3 revenue up 14% YoY to $14.6B, vs. $14.4B est., net income up 6% YoY to $3.2B, also beating estimates, and a strong Q4 sales forecast — Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, said orders declined 23% in the past quarter … | Anna Tong / Reuters: |
A poll of 4,415 US adults finds that 61% believe AI could threaten civilization and 66%+ are concerned about negative effects; 70% of Trump voters are concerned — The swift growth of artificial intelligence technology could put the future of humanity at risk, according to most Americans surveyed … | Jess Weatherbed / The Verge: |
Stability AI releases StableStudio, an open-source version of DreamStudio, its commercial interface for the company's text-to-image Stable Diffusion model — Stability AI is releasing an open-source version of DreamStudio, a commercial interface for the company's AI image generator model, Stable Diffusion.
More:
Stability AI, GitHub, Gizmodo, VentureBeat, and SiliconANGLE
Tweets:
@emostaque and @stabilityai
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