Techmeme
July 31, 2023, 7:20 AM

Top News

Scott Chipolina / Financial Times:
Brian Armstrong says the SEC asked Coinbase to halt trading all crypto except bitcoin without explaining its interpretation of the law, before it sued Coinbase  —  Request would have meant ‘the end of the crypto industry in the US’, according to Brian Armstrong
Mark Gurman / Bloomberg:
A deep dive into Apple's plans for the new iPhones and Watches coming this fall, including iPhone 15 Pro with 1.5mm bezels, a step towards a borderless iPhone  —  Apple is just weeks away from introducing the iPhone 15 and next-generation watches.  The new lineup will mark another stepping stone toward …
New York Times:
Starlink's dominance of satellite internet raises alarms about Elon Musk's growing geopolitical sway; Starlink has 4,500+ satellites, or 50%+ of all satellites  —  The tech billionaire has become the dominant power in satellite internet technology.  The ways he is wielding that influence are raising global alarms.
CoinDesk:
Curve, a stablecoin exchange on Ethereum, says bugs in Vyper, a programming language used by parts of Curve, are being exploited; ~$100M of crypto is at risk  —  More than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum's DeFi ecosystem.
The Economic Times:
Sources: Tiger Global has completed its exit from Flipkart, in a years-long selloff that led to gains totaling $3.5B  —  The US fund exits online retailer with a 4% stake sale to Walmart in final deal of phased selloff.  —  New York-headquartered investment firm Tiger Global informed its limited partners …
Tate Ryan-Mosley / MIT Technology Review:
A look at C2PA, a standard that relies on cryptography to encode provenance information of media content, started by Adobe, Arm, Intel, Microsoft, and Truepic  —  An internet protocol called C2PA adds a “nutrition label” to images, video, and audio.  —  The White House wants big AI companies …
Mark Townsend / The Guardian:
Source: UK Home Office plans to ask the privacy regulator for expanding facial recognition in shops, in contrast to the EU's ban of the tech in public spaces  —  Covert government strategy to install electronic surveillance in shops raises issues around bias and data, and contrasts sharply …
More: Forbes and Reclaim The Net
Mastodon: @bobjmsn@mastodon.scotTwitter: @edwinhaywardLinkedIn: Stewart RoomForums: r/unitedkingdom, r/ukpolitics, and r/Labour
Kashmir Hill / New York Times:
A profile of Mike Masnick, who founded Techdirt in 1998, considered by lawmakers, CEOs, and activists as an essential guide for what's happening in tech  —  Mike Masnick, who founded Techdirt in 1998, writes for an influential audience of lawmakers, C.E.O.s and activists.
Jack Shenker / The Guardian:
An in-depth look at a January strike at Amazon's BHX4 Coventry warehouse, a carefully planned and legal effort, the likes of which Amazon UK had never faced  —  When staff in Coventry downed tools, they kickstarted a David v Goliath battle against one of the most powerful companies on Earth.
New York Times:
Sources: the Biden admin is looking for malware it believes China hid inside critical infrastructure, mainly aimed to disrupt the military if a conflict emerges  —  American intelligence officials believe the malware could give China the power to disrupt or slow American deployments or resupply operations …
Washington Post:
Adam Mosseri and current and former employees recount how Threads came to life with a small team focused on shipping a bare-bones app on a breakneck schedule  —  A company in crisis went back to basics to deliver a viral hit.  But can Adam Mosseri's bare-bones Twitter clone reinvigorate an aging tech giant?

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BBC:
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Ryan Tracy / Wall Street Journal: