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May 1, 2024, 5:30 AM
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| Elizabeth Lopatto / The Verge: |
A US judge sentences Binance founder Changpeng Zhao to four months in prison for failing to establish adequate anti-money laundering protections — Binance founder Changpeng Zhao was sentenced to four months in prison for failing to establish adequately anti-money laundering protections.
More: CNBC, The Block, Silicon Republic, Bloomberg, New York Times, Reuters, CoinJournal, crypto.news, Protos, MediaNama, CoinGeek, Forkast, Crypto Adventure, Decrypt, Unchained, The Guardian, and Hachyderm.io
X: @cz_binance, @nikhileshde, @greenpeace06_09, @nikhileshde, @nikhileshde, @drlocums, @crypticwombat86, @autismcapital, @nikhileshde, and @intangiblecoins. LinkedIn: Emil Protalinski
Forums: r/Pulsechain and r/CryptoCurrency
| Amazon: |
Amazon reports Q1 revenue up 13% YoY to $143.3B, a $10.4B net income, vs. $3.2B YoY, $15.3B operating income, vs. $4.8B YoY, subscription sales up 11% to $10.7B — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2024.
More: Silicon Republic, Bloomberg, New York Times, The Guardian, The Register, CNBC, PYMNTS.com, Bloomberg, Quartz, The Seattle Times, Cryptopolitan, Yahoo Finance, Financial Times, MBI Deep Dives, Business Insider, Axios, Wall Street Journal, Investor's Business Daily, Reuters, Financial Times, Reuters, Barron's Online, and Reuters
X: @hshaban, @a4xrbj1, @hedgeyeretailjm, @rihardjarc, @brettnorthart, @fqure, @stokdog, @ophirgottlieb, @jordannovet, @lance_saville, @mgsiegler, @rihardjarc, @jonerlichman, @edludlow, and @retail_guru. LinkedIn: Emil Protalinski
| Todd Spangler / Variety: |
More: BBC, Tech Xplore, Adweek, TweakTown, Deadline, and The Hollywood Reporter
| Mishaal Rahman / Android Authority: |
An APK review suggests the Rabbit R1 runs Android and its entire UI is powered by a single Android app; founder Jesse Lyu says “rabbit r1 is not an Android app” — The Rabbit R1 is probably running Android and is certainly powered by an Android app under the hood. — • — TL;DR
More: The Verge, 9to5Google, Wccftech, TechRadar, CNET, Marques Brownlee on YouTube, and Inverse
Threads: @wongmjane, @parkerortolani, and @marek_hajn
Mastodon: @stroughtonsmith …, @film_girl@mastodon.social, @wilander@mastodon.social, and @MishaalRahman@androiddev …
X: @mishaalrahman, @chroman, @itsandrewgao, @rabbit_hmi, @david1lz, @thejoshmeister, @issaminuu, @edzitron, @didier_lopes, @asciidiego, @james76931, @carnage4life, @myamaha62randy, @gartenberg, @mishaalrahman, @marceld505, @mishaalrahman, @bowtiedanon_, @ali243s, @_danilo, @itsgauravai, @film_girl, @laughing_mantis, @mishaalrahman, @mishaalrahman, @geeksplainer, @jakeweidman1, @grandiopanda, @edzitron, @chaoticvibing, @dpuiger, @realraylin, @timocodes, @mask_bastard, @pcphilanthropy, @jetscott, @liama002, @datboitom, @camcamkennedy, and @anthony_17_s
Forums: Hacker News, r/OpenAI, r/technology, r/Android, and r/gadgets
| Jeff John Roberts / Fortune: |
The US DOJ charges Roger Ver, a well-known figure from the early days of Bitcoin, with filing false tax returns and more to evade paying nearly $50M — The Justice Department announced on Tuesday it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with mail fraud and filing false tax returns.
More: US Department of Justice, Decrypt, Cryptonews, ZyCrypto, CoinGape, Crypto Briefing, CryptoSlate, Bloomberg, crypto.news, Bitcoin Insider, The Block, Forkast, Blockworks, and Web3 is Going Just Great
X: @lopp, @dmkgll, @beautyon_, @kimdotcom, @autismcapital, @magicaltux, @sallymayweather, @peterktodd, @chjango, @joecarlasare, @petermccormack, @chrisblec, @thestalwart, @mandrik, @jeremykauffman, @excellion, @douglastuman, @whalepanda, @truthcoin, @jeffjohnroberts, and @tbg9270584
Forums: r/Monero, r/Bitcoincash, r/bitcoincashSV, r/CryptoCurrency, r/btc, and r/Bitcoin
| Sarah Perez / TechCrunch: |
Screenshots seem to show TikTok circumventing Apple's App Store fees by showing some users a link to a site for buying digital coins, instead of using IAPs — TikTok may be routing around the App Store to save money on commissions. According to new findings, the ByteDance-owned social video app …
More: iThinkDifferent, iDrop News, AppleInsider, MacRumors, and 9to5Mac
Threads: @shiraovide. Mastodon: @stroughtonsmith …. Bluesky: @blowdart.me. X: @eric_seufert, @getdavenow, @kantrowitz, @getdavenow, @timsweeneyepic, @modeless, @dylanmcd8, @kantrowitz, @getdavenow, @niubi, @getdavenow, @markgurman, @getdavenow, and @markgurman
Forums: r/technews, r/apple, and MacRumors Forums
| Kif Leswing / CNBC: |
AMD reports Q1 revenue up 2% YoY to $5.47B, vs. $5.46B est., Data Center revenue up 80% YoY to $2.3B, and a $123M net income, up from a $139M net loss YoY — Advanced Micro Devices reported first-quarter earnings and sales on Tuesday that were slightly ahead of Wall Street expectations … | Justine Calma / The Verge: |
Walmart discontinues its telehealth service Health Virtual Care citing “escalating operating costs”; Walmart acquired telehealth provider MeMD in 2021 — Walmart isn't making enough money off its new health centers, so it decided to close up shop.
More: Walmart Inc., Forbes, Associated Press, PYMNTS.com, Fast Company, STAT, HIT Consultant, NBC News, Forbes, and Fierce Healthcare …
LinkedIn: Rachel Neill, Nathan Diepenbrock, and Timothy Schell
| Jesse Hamilton / CoinDesk: |
The House Financial Services Committee Chairman Patrick McHenry accuses Gary Gensler of misleading Congress on the SEC's position on whether ETH is a security — The chairman of the House Financial Services Committee says Gensler refused to discuss his view on ETH in testimony even after the SEC was investigating it as a security.
More: Fox Business, Decrypt, CoinGape, Cryptonews, Bitcoin Insider, Milk Road, CryptoPotato, and Watcher Guru
X: @patrickmchenry, @financialcmte, @jseyff, @johnedeaton1, and @zerohedge
| Derek Andersen / Cointelegraph: |
Coinbase adds support for the Bitcoin Lightning Network via payments startup Lightspark, letting customers transfer bitcoin faster and at a lower cost — The integration brings instantaneous transfers on the layer-2 Lightning Network to the world's biggest Bitcoin exchange. — Total views
More: Coinbase, CCN.com, Lightspark, Bitcoinist.com, Forbes, The Daily Hodl, and The Block
X: @brian_armstrong, @davidmarcus, @lightspark, @coinbase, @scottshapiro, @kphur, @vdurmont, @viktorbunin, and @gt
| Maxwell Zeff / Gizmodo: |
A look at gpt2-chatbot, a mysterious AI chatbot that became available on LLM benchmarking site LMSYS Org and is believed to have similar capabilities as GPT-4 — An advanced AI model with unknown origins turned heads this week as online communities unpacked a cryptic tweet from Sam Altman.
More: Forward Future AI, W&B, Ars Technica, and Forbes
Threads: @mockapapella, @sung.kim.mw, and @stevejsteiner
X: @sama, @itsandrewgao, @emollick, @lmsysorg, @joby_fi, @lmsysorg, @emollick, @aidan_mclau, @simonw, @simonw, @stevenheidel, and @simonw. LinkedIn: Michael Tchuindjang
Forums: r/singularity and r/LocalLLaMA
| Gaby Del Valle / The Verge: |
Over 50 ex-Google employees, fired in connection with a sit-in protest against Google's business ties to Israel, file an NLRB complaint for unlawful retaliation — A software engineer who was fired from Google in connection to internal protests at the company's offices says the company retaliated …
More: Hindustan Times, Business Insider, Washington Post, Business Today, New York Post, Data Center Knowledge, Associated Press, and Reuters
X: @jordevant and @orientaljanedoe
Forums: Hacker News and r/technology
| Politico: |
How bills under consideration in various US states to address AI bias contain loopholes that would make companies avoiding accountability easier — AI is potentially transformative. Whether that's a good or bad thing depends on whether we set the right rules.
More: Politico. X: @cendemtech, @cendemtech, @gracegedye, @cendemtech, @cendemtech, @gracegedye, @cendemtech, @cradvocacy, @stevenoverly, @workedfineindev, and @cendemtech
| Yukio Tajima / Nikkei Asia: |
China implements a revised State Secrets Law, requiring Tencent, Weibo, and other internet companies to delete leaked information and comply with investigations — Law taking effect Wednesday seen requiring internet companies to help curb leaks — BEIJING — China on Wednesday implemented …
More: BBC
| Sarah Perez / TechCrunch: |
Sam's Club has deployed its exit tech, which uses computer vision to check members' purchases against their receipts, at 120+ locations, or 20% of its stores — Amazon may be scaling back its AI-powered Just Walk Out checkout-free tech in its stores in favor of smart shopping carts …
More: PYMNTS.com, Walmart Inc., Business Insider, and Chain Store Age
| Antonio Olivo / Washington Post: |
A backlash against data centers has triggered laws in Arizona, Georgia, and other parts of the US to restrain the rapidly growing, energy-intensive industry — A backlash against internet data centers has triggered a wave of laws around the country to restrain the rapidly growing industry …
X: @postlocal, @jessefelder, @postlocal, @paula_in_pwc, @postlocal, and @montroseva
| Nikkei Asia: |
A Chinese seller details how he ships civilian electronics, which could be repurposed for military uses, to Russia via distributors and Russian e-commerce sites — Civilian electronics, sourced from Chinese e-commerce sellers, find their way to the battlefield
X: @robertalanward and @nikkeiasia
| David Gilbert / Wired: |
Experts say Spamouflage Dragon, China's yearslong disinformation campaign targeting the US, has largely failed due to China missing cultural context and more — China's state-sponsored disinformation campaign has been running at a massive scale for seven years—but no one is looking at it.
More: The Overspill. X: @dpfunke, @780thc, @wired, @telliotter, @meclarke114, @daithaigilbert, @alenapopova, @wired, @dougsaunders, @daithaigilbert, @daithaigilbert, @wired, and @mrseanhaines
| Kelly Le / South China Morning Post: |
Taiwan's KYEC, one of the largest chip testing and packaging services firms, divests its entire stake in a Suzhou, China-based subsidiary citing US restrictions — - King Yuan Electronics Co, one of the world's largest chip testing and packaging services firms, has divested its entire stake in a Suzhou subsidiary
More: Tom's Hardware, Fortune, and DigiTimes
| Ben Schoon / 9to5Google: |
Google Phone app beta rolls out “Audio Emoji”, letting callers select an emoji to play animated sound effects: clapping, laughing, party, crying, poop, sting — The Google Phone app is picking up a new trick, with the app now rolling out “Audio Emoji” to some users.| Entrackr: |
Filing: API Holdings, the parent company of Indian online pharmacy PharmEasy, raises $216M at a $710M valuation, down ~90% from its $5.6B peak valuation in 2021 — API Holdings, the parent company of online drug dispenser PharmEasy, has raised Rs 1,804 crore ($216 million) …
More: Business Standard, DealStreetAsia, Inc42 Media, and Moneycontrol
| FinSMEs: |
Elisity, which is developing AI tools for companies to anticipate and pre-empt cyber threats, raised a $37M Series B from Insight Partners and others — Elisity, a San Jose, CA-based company which specializes in identity-based microsegmentation, raised $37M in Series B funding.
More: Elisity and Wall Street Journal
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Zoho:
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
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