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March 3, 2022, 8:55 AM
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| Andrew Rummer / The Block: |
Ukraine's Mykhailo Fedorov abruptly cancels the planned crypto airdrop, saying the country will sell NFTs to raise funds instead — Ukraine's government abruptly canceled its planned crypto airdrop and said it would instead sell NFTs to raise funds following last week's Russian invasion.
Source:
@fedorovmykhailo. More:
The Block, CoinDesk, Forbes, Decrypt, The Independent, CoinDesk, CoinDesk, Bloomberg, CoinGape, Crypto Briefing, CoinDesk, Blockworks, CoinDesk, The Independent, The Block, VICE, Decrypt, and CoinDesk
| Scott Chipolina / Decrypt: |
Elliptic: Ukraine has received over $50M in crypto donations across 89K+ assets since February 26; blockchain data shows $10M in BTC and $16M in ETH donations — The Ukrainian crypto crowdfunding effort has now exceeded $50 million, through almost 90,000 separate donations.
More:
Elliptic Blog, Bitcoin News, Cryptonews, Forkast, and Coinspeaker
| Kyle Orland / Ars Technica: |
Ukrainian vice PM Mykhailo Fedorov calls on Sony, Ubisoft, Microsoft, and other gaming companies to ban all Russian and Belarusian accounts during the invasion — Vice PM says move “will motivate the citizens of Russia” to rise up in protest. — Mykhailo Fedorov, the vice prime minister …
More:
The Economic Times, Insider, Rock, Paper, Shotgun, CNBC, Polygon, and Eurogamer.net
Tweets: @fedorovmykhailo, @fedorovmykhailo, @nickstatt, @jasonschreier, @songofsolstices, @detectiveary, and @tomwarren
| @oracle: |
More:
Silicon Republic, Computerworld, ZDNet, Reuters, and Interfax
Tweets: @fedorovmykhailo, @fedorovmykhailo, @abarbashin, @myfear, @sruhle, and @occupydemocrats
| Olga Kharif / Bloomberg: |
A group of 35 former employees at crypto startup incubator ConsenSys allege “serious irregularities” in Swiss court over an asset transfer and demand an audit — A group of former employees of the ConsenSys AG is alleging “serious irregularities” at the startup incubator that owns …
More:
PR Newswire, Blockworks, CryptoSlate, Ethereum World News, The Block, Cointelegraph, CoinDesk, and Bitcoinist.com
Tweets: @evan_van_ness, @darrenlautf, @lex_node, and @vhranger
| Matt Robinson / Bloomberg: |
Sources: the SEC is probing the NFT market to determine if tokens are securities, focusing on fractional NFTs, in which a token is broken into units for sale — The U.S. Securities and Exchange Commission is scrutinizing creators of NFTs and the crypto exchanges where they trade to determine …
More:
CoinDesk, the mesha tribe, CryptoPotato, Cryptonews, Bitcoinist.com, PYMNTS.com, Protocol, Cointelegraph, and Decrypt
Tweets: @degenspartan, @mediumlargenft, @pavia_io, @wublockchain, @carnage4life, and @xrpcryptowolf
| Annie Palmer / CNBC: |
Amazon plans to close 68 brick-and-mortar retail locations across the US and the UK, including all of its Amazon Books, 4-star, and Pop Up stores — - Amazon plans to close all locations of its Pop Up, Books and 4-star stores, the company confirmed to CNBC.
More:
Reuters, TechCrunch, PCMag, Protocol, The Verge, New York Times, The Information, The Overspill, TheStreet, BGR India, Digital Trends, TechSpot, and ZDNet
| Jordan Novet / CNBC: |
Snowflake reports Q4 revenue of $383.8M vs. $372.6M est., up 101% YoY, and projected product revenue growth of 65% to 67% across FY 2023; stock drops 20%+ — - Snowflake's forecast calls for slowing growth in product revenue growth, which makes up most of total revenue.
More:
Snowflake, SiliconANGLE, Investor's Business Daily, Wall Street Journal, and Reuters
| Ethan Diamond / Bandcamp Updates: |
Epic Games acquires Bandcamp, which will continue operating as a standalone marketplace and music community; Bandcamp has paid nearly $1B to artists and labels — I'm excited to announce that Bandcamp is joining Epic Games, who you may know as the makers of Fortnite and Unreal Engine, and champions for a fair and open Internet.
More:
Epic Games, Variety, Game Developer, TechPowerUp, ZDNet, and Wccftech
Tweets: @bandcamp, @nibellion, @pathedger18, @timsweeneyepic, @dada_drummer, @ronmknox, @ronmknox, @jonrussell, @ronmknox, @ronmknox, @tha_rami, @eriqgardner, @ronmknox, @_daemons, @willoremus, @dcseifert, @midimyers, @ronmknox, @jujuadams, @s8mb, @zoecello, @gatorsafterdark, @future_of_music, @ronmknox, @ronmknox, @emmablackery, @mark_mulligan, @tedgioia, @tedgioia, @theneedledrop, @mowtendoo, @danozzi, @ifiremonkey, @tweed_thneed, @iveytron, @caseynewton, @danboeckner, @imgarysuarez, @docpop, @edzitron, @noahyoo, @jessfromonline, @gum_mp3, @melissamcewen, @meddlingmage, @pulsesva, @mowtendoo, @wario64, @juiceboxca, @trndytrndy, @bloodberry_tart, @drownedinsound, @backxwash, @willoremus, @jonbernhardt, @mellomakes, @lazerwalker, @caseynewton, and @epicnewsroom
| New York Times: |
A look at Friends With Benefits, an a16z-backed DAO with a buzz-fueled social club, which attracts artists and investors but faces problems with its elitism — Friends With Benefits is a V.I.P. lounge for crypto's creative class. Is it empty hype or the future of friendship?
More:
Wagers.com Earnings+More. Tweets: @erinkwoo, @nahhhlina, @lizthegrey, @jnd3001, @edmundlee, @ldrogen, @sachajudd, @alexnpress, and @rally_io
| Jennifer Elias / CNBC: |
Google tells staff in the Bay Area and other US locations to return to physical offices three days a week starting on April 4, in a shift to a hybrid work model — - Google told employees on Wednesday that it expects them to begin returning to physical offices April 4.
More:
Reuters, Silicon Republic, ZDNet, CRN, Wall Street Journal, Android Police, BGR India, Forbes, WRAL TechWire, GeekWire, CNN, Bloomberg, and Pocketnow
Tweets: @ryanoneill, @jenn_elias, @richard_florida, @tmfjmo, @ixdavidsb, and @markgurman
| Lauren Feiner / CNBC: |
Several US state AGs launch a probe into TikTok, focusing on whether the app's design and operations negatively impact young users' physical or mental health — - TikTok is under investigation by a bipartisan group of state attorneys general to determine if the popular short-form video …
More:
Mass.gov, State of California, Reuters, Gizchina, The Verge, New York Times, androidcentral.com, WCSC-TV, Des Moines Register, WCCO | CBS Minnesota, CBS17.com, Associated Press, CT Insider, Missouri Independent, The Paper, WCTX-TV, TheDenverChannel.com, Newsweek, San Francisco Chronicle, abc10.com, WFXRtv, WCIV, News 12, CNN, and Mashable
Tweets: @newjerseyoag, @agrobbonta, @agellison, @carnage4life, @vtattorneygen, @scattygenoffice, @kyoag, @massago, @zamaan_qureshi, @massago, and @kantrowitz
| Juli Clover / MacRumors: |
Apple announces a digital-only event dubbed “Peek performance” will be held on March 8 at 10am PT; a 5G iPhone SE, revamped iPad Air, and new Macs are expected — Apple today announced that it will be holding its first event of 2022 on Tuesday, March 8 at 10:00 a.m. Pacific …
More:
CNBC, Android Authority, Macworld, Insider, Silicon Republic, 9to5Mac, Engadget, ZDNet, Bloomberg, Tom's Guide, The Verge, Daring Fireball, Philip Elmer‑DeWitt, WRAL TechWire, TechRadar, TNW, Ubergizmo, and MacDailyNews
Tweets: @gregjoz, @parkerortolani, @viticci, @markgurman, @joannastern, @saschasegan, @lukemiani, @dsilverman, @chancehmiller, @rsgnl, @thisisnoahevans, @samifathi_, @ishanagarwal24, @rsgnl, @vadimyuryev, @greengart, @stalman, @markgurman, @marcsettle, @hartleycharlton, @filipeesposito, @rsgnl, @markgurman, @jonporty, @pierce, @chancehmiller, @krzyzanowskim, @mkbhd, @jon_prosser, @iansherr, @parkerortolani, and @lukemiani
| David Yaffe-Bellany / New York Times: |
A look at anonymity in crypto, as some VCs back founders without learning their names and pseudonymous entrepreneurs control hundreds of millions of dollars — Investors give money to pseudonymous developers. Venture capitalists back founders without learning their real names.
Tweets: @hshaban, @jessefelder, @nytimestech, @blackamazon, @nytimestech, @yaffebellany, @lordvictor, @dondekojo, @patrick_hruby, @delcrxpto, @amytongwu, @anildash, @anildash, and @anildash
| Todd Spangler / Variety: |
Spotify closes its office in Russia “indefinitely” and removes all content from RT and Sputnik in the EU and other markets, except for Russia — Spotify has taken several steps in response to Russia's military attack on Ukraine, including closing its offices in Russia “indefinitely.”
More:
International Business Times, The Verge, Light Reading, Reuters, iMore, Pitchfork, The Wrap, and Engadget
Tweets: @tristansnell and @johnnytwowheel1
| Mary Jo Foley / ZDNet: |
Prominent open source advocate Miguel de Icaza is leaving Microsoft, which he joined in 2016 when it acquired Xamarin — Former Xamarin cofounder Miguel de Icaza is leaving Microsoft, the company he joined through acquisition just over six years ago. — Well-known open source advocate …
More:
Windows Central and Daring Fireball
Tweets: @bdsams, @tomwarren, @terrajobst, @dalmaer, @robconery, @kaitlinmckinnon, @dustinmoris, and @matvelloso
| Nilay Patel / The Verge: |
Q&A with Sonos CEO Patrick Spence and CLO Eddie Lazarus on the decision to sue Google for patent infringement, competing with tech giants, Web3, and more — Sonos has long accused other tech giants of stealing its patents and technology, but in 2020, it actually sued Google for patent infringement.| Ingrid Lunden / TechCrunch: |
Apollo.io, which develops B2B sales intelligence software, raises a $110M Series C led by Sequoia Capital at an estimated $910M post-money valuation — One of the bigger impacts of Covid-19 has been that more business than ever before is now being carried out online.| The Economic Times: |
Bengaluru-based Pocket FM, which offers 100K+ hours of audio series, stories, novels, podcasts, and knowledge shows in eight languages, raises a $65M Series C — New Delhi: Audio streaming platform Pocket FM said on Thursday that it has raised $65 million in a funding round led by Goodwater Capital … | Kyle Wiggers / VentureBeat: |
Luminous Computing, which is making a light-based AI accelerator chip, raises a $105M Series A from Bill Gates and others at a $200M-$300M post-money valuation — According to some experts, the growth in the compute power necessary to develop future AI systems might run up against a wall with mainstream chip technologies.
More:
Business Wire
| Bloomberg: |
Grab reports a $1.1B net loss in Q4 as revenue declined 44% YoY to $122M; after going public via SPAC in December, Grab has lost $15B+ in market value — Grab Holdings Inc., Southeast Asia's ride-hailing and delivery giant, reported mounting losses as the pandemic depressed demand for mobility services.
More:
Dow Jones Newswires, DealStreetAsia, and Grab SG
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