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June 18, 2022, 1:15 PM
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| Bloomberg: |
Bitcoin falls by 8%+ to below $19,000 for the first time since December 2020, the twelfth straight day of decline, as ether drops below $1,000 — Bitcoin dropped below $19,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening.
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Attack of the 50 Foot …, Moneycontrol, CNET, The Markup, New York Times, Benzinga, TechCrunch, Reuters, Financial Times, Reuters, Wall Street Journal, CNBC, CryptoGlobe, The Independent, Ethereum World News, Cryptopolitan, CoinMarketCap Alexandria, Decrypt, CNBC, CoinDesk, NewsBTC, Cryptonews, Like What you see? …, Forbes, Tech News, and CryptoSlate
Tweets: @cryptohayes, @krisnova, @chhopsky, @asilbwrites, @simonw, @levie, @hblodget, @thestalwart, @gossithedog, @kylebrussell, @peterschiff, @lawmaster, @poorlyagedstuff, @allnick, @wublockchain, @grady_booch, @crypto_birb, @charlesarthur, @chhopsky, @davidgerard, @btc_archive, @nope_its_lily, @wifeyalpha, @alexhern, @gainzxbt, @liron, @bbtc, @mspro, @liron, @tommackenzietv, @chubbicorn219, @100trillionusd, @cobie, @bitcoinmagazine, @loopifyyy, @spectatorindex, @emilyjnicolle, @nope_its_lily, @route2fi, @ashwsbreal, @fintechfrank, @awice, @ashwsbreal, @twobitidiot, and @apompliano
| Oliver Knight / CoinDesk: |
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Tweets: @kadhim, @alex, @jason, @briannawu, @bondhack, @silvermanjacob, @susanlitv, @tomgara, @nycsouthpaw, @mattzeitlin, @charlesarthur, @laurashin, @demirelo, and @ceostroff
| Emily Baker-White / BuzzFeed News: |
Leaked audio from 80+ internal TikTok meetings: ByteDance staff in China repeatedly accessed data about US TikTok users between September 2021 and January 2022 — For years, TikTok has responded to data privacy concerns by promising that information gathered about users in the United States …
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TechCrunch, Reclaim The Net, Washington Examiner, Protocol, Dexerto, Engadget, Neowin, Gizchina, The Economic Times, Vincos Newsletter, ChinaTechNews.com, Agence France-Presse, The Information, New York Post, b'dot.LA', Gizmodo, Barron's Online, Adweek, Insider, Mashable, New York Times, and Tugboat for Twitter
Tweets: @elonmusk, @ebakerwhite, @b_fung, @andst7, @brad_polumbo, @elonmusk, @mmasnick, @irltho, @niubi, @rabois, @sahilbloom, @eileenguo, @dangrover, @adamkovac, @sahilbloom, @jason_kint, @taylorlorenz, @mattdpearce, @eladnehorai, @chinalawtransl8, @sentedcruz, @jimmyjazz1968, @sonnybunch, @philipletsou, @kschwabable, @bznotes, @davidmackau, @kjplotkin, @gadyepstein, @profcarroll, @markdistef, @danprimack, @guypbenson, @ebakerwhite, and @profcarroll
| Reuters: |
TikTok says it has completed migrating its US users' data to Oracle's servers in the US — TikTok has completed migrating its U.S. users' information to servers at Oracle Corp (ORCL.N), in a move that could address U.S. regulatory concerns over data integrity on the popular video app, the company confirmed to Reuters.
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TikTok, Wall Street Journal, The Economic Times, Social Media Today, CNN, The Hill, and Reuters
| Aisha Malik / TechCrunch: |
Meta unveils Avatars Store, where users can buy digital clothes for avatars, and plans to make it a marketplace where developers can create and sell clothing — Meta CEO Mark Zuckerberg announced today that the company is launching a digital designer clothing store called the “Meta Avatars Store.”
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Eva Chen, The Verge, The Block, Neowin, iPhone in Canada Blog, VRScout, BGR India, The Economic Times, Pocket-lint, Android Central, PCMag, Adweek, Elle Italia, Seeking Alpha, PAPER, Dazed, Social Media Today, Vogue, and Reuters
Facebook: Mark Zuckerberg. Tweets: @metanewsroom, @ummjackson, @ummjackson, @seldo, @silvermanjacob, @ummjackson, @angelofuture, @drewcoffman, @hipcityreg, @thenickwalsh, @itsliran, @stockunit, @coreykindberg, @damedoteth, @ummjackson, @seyitaylor, @michaelzimmer, @conor64, @matt_on_tech, @ummjackson, @meat__hook, @ummjackson, @_cingraham, @glowsteeze, @keithdsouza, @dinafierro_, @liahaberman, @tajocrypto, @realtorstarshar, @maghanmcd, @maxasteele, @shiringhaffary, @meta, @nssmag, and @maghanmcd
| Mary Ann Azevedo / TechCrunch: |
Brex says it will no longer work with SMBs that do not have venture funding and will shut down “tens of thousands” of accounts after August 15 — Three months after announcing it would make a big push into software and enterprise, fintech giant Brex is apparently abandoning …
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Brex, Ed Zitron's Where's Your Ed At, TechCrunch, CNBC, Axios, Finextra, and Protocol
Tweets: @atc6955, @kerrpoints, @immad, @cruftbox, @mrsharma, @sytaylor, @bayareawriter, @pedroh96, @edzitron, @mwil20, @thenellafella, @ltgrossman, @jillwillnyc, @frantzfries, @seldo, @edzitron, @bayareawriter, @ron_miller, @jeremygoodrich, @heysamir_, @freightalley, @ecomericcarlson, @martinsfp, and @carnage4life
| Andrea Peterson / The Record: |
The US DOJ says RSocks, a Russian botnet used to hijack millions of devices worldwide for use as proxy servers, was disrupted in an international operation — The Department of Justice announced Thursday that the U.S. and international law enforcement partners in the United Kingdom, Germany …
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U.S. Department of Justice, Cyber Defence News …, govinfosecurity.com, BleepingComputer, The Hacker News, PCMag, Protocol, The Register, CyberScoop, TechCrunch, and Tech Monitor
Tweets: @fbisandiego and @imposecost
| Nikkei Asia: |
Chipmakers including TSMC embark on a $120B investment spree across Taiwan, with 20 new fabs ready or in the works, dwarfing planned investments in US and Japan — 20 new fabs ready or in pipeline, dwarfing planned investments in U.S. and Japan — TAIPEI — Taiwan's chipmakers have launched … | Lauren Feiner / CNBC: |
In a letter, 21 US lawmakers ask Google to clamp down on “misleading” search results that steer people searching for abortions services to anti-abortion clinics — - A group of lawmakers are urging Google to clamp down on misleading search results that allegedly steer people searching …
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USA Today, Reuters, Engadget, U.S. Senator Mark R. Warner, Center for Countering …, CNET, and CNN
Tweets: @markwarner, @lutherlowe, @jlock, and @ccdhate
| Kate Conger / New York Times: |
A jury finds ex-Amazon engineer Paige Thompson guilty of wire fraud and hacking charges for downloading the personal info of 100M+ Capital One customers in 2019 — Paige Thompson's lawyers said she had been looking for cracks so they could be fixed. A jury found her guilty of wire fraud and hacking charges.| Coco Liu / Bloomberg: |
Beijing-based MegaRobo, which applies robotics and AI to life sciences research, has raised a ~$300M Series C led by GGV Capital and Asia Investment Capital — Six-year-old biotech startup MegaRobo Technologies has raised about $300 million from investors including an arm of Goldman Sachs Group Inc. …
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Nikkei Asia, PR Newswire, DealStreetAsia, PitchBook, and Reuters
| Bloomberg: |
Sources: ByteDance shuts down its Shanghai games studio, in a setback to its gaming ambitions after struggling to make a splash in the Chinese gaming market — ByteDance Ltd. has shut down a game development studio it acquired just three years ago, slashing more than a hundred jobs … | Randy Thanthong-Knight / Bloomberg: |
Canada's Rogers and Shaw reach a deal to sell Shaw's Freedom Mobile to rival Quebecor for $2.2B, a major step in solving antitrust concerns about their merger — Rogers Communications Inc. and Shaw Communications Inc. said they've reached a deal to sell Shaw's wireless division to rival Quebecor Inc. …
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