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June 29, 2022, 11:25 AM
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| Mark Kleinman / Sky News: |
Source: a British Virgin Islands court ordered the liquidation of Singapore-based Three Arrows Capital on June 27; Teneo will handle the insolvency process — A court in the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital, underlining the crisis gripping …
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Wall Street Journal, Protocol, The Block, Bloomberg, The Economic Times, Forbes, Blockworks, Finbold, CNBC, Decrypt, CoinDesk, CryptoSlate, Cointelegraph, Crypto Briefing, Cryptonews, Ethereum World News, and CryptoPotato
Tweets: @emilyjnicolle, @johnreedstark, @twobitidiot, @samrusani, @markkleinmansky, @john_acw, @dfjonsson, and @jamesplloyd
| Steven Ehrlich / Forbes: |
After providing $750M in credit lines, Sam Bankman-Fried says some crypto companies are “basically too far gone”, “bearish views on Tether are wrong”, and more — After throwing lifelines to troubled digital currency platforms BlockFi and Voyager Digital … | Evelyn Cheng / CNBC: |
The FCC's Brendan Carr writes to Apple and Google asking they remove TikTok from app stores over China-related security concerns or provide statements by July 8 — - Brendan Carr, one of the FCC's commissioners, shared Tuesday via Twitter a letter to Apple CEO Tim Cook and Alphabet CEO Sundar Pichai …
Source:
@brendancarrfcc. More:
Engadget, TechCrunch, Silicon Valley Business …, Thurrott, Gizmodo, Computerworld, New York Times, iMore, PCMag, 9to5Mac, Gizchina, MacRumors, Neowin, MacDailyNews, Patently Apple, The Economic Times, Fossbytes, Fortune, AppleInsider, PhoneArena, TechSpot, Insider, Dexerto, and New York Post
Tweets: @senrickscott, @joshuasteinman, @jason, @ruima, @dancrenshawtx, and @blackamazon
| Michael Bellusci / CoinDesk: |
CoinFlex CEO Mark Lamb says crypto investor Roger Ver owes the exchange $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty — The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.
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CoinFLEX, Fortune, CoinJournal, Bloomberg, CoinQuora, Blockchain News, The Block, watcher.guru, VICE, Micky, Cointelegraph, and The Verge
Tweets: @rogerkver, @markdavidlamb, @fatmanterra, @markdavidlamb, @markdavidlamb, @markdavidlamb, @markdavidlamb, @autismcapital, @pentosh1, @buttcoin, @bennetttomlin, @sniko_, @statelayer, @staringispolite, @0xfoobar, @priapusiq, @thestalwart, @sunchartist, @imnotthewolf, @lomahcrypto, @byzgeneral, @kevinmuir, @degenspartan, @buttcoin, @iamroboneill, and @dejanroljic
| Josh Smith / Reuters: |
Experts say the crypto crash has wiped out millions of dollars stolen by North Korean hackers, threatening a key source of funding for its weapons programs — The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say …
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Metacurity, Decrypt, CoinGape, Cointelegraph, Crypto Adventure, Benzinga, Finbold, CryptoPotato, Cryptopolitan, and iTnews
| Bloomberg: |
Sources: Tesla laid off ~200 Autopilot workers, most of them hourly and focused on data labeling, and closes its San Mateo office, as part of broader reductions — Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter.
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TechCrunch, CNBC, RTÉ, Wall Street Journal, Insider, Coinspeaker, Barron's Online, The Verge, The Economic Times, Fortune, Benzinga, Engadget, Silicon Valley Business …, and Los Angeles Times
Tweets: @ibd_ecarson, @carnage4life, @tslafanmtl, @scobleizer, @chrisabraham, @armano, @danahull, and @thestalwart
| Stephen Alpher / CoinDesk: |
MicroStrategy purchased 480 bitcoin at an average of $20,817 each from May 3 to June 28, bringing its total holding to ~130K acquired for $3.98B or $30,664 each — The company disclosed the acquisition of another 480 bitcoins, bringing total holdings to 129,699 coins.
Source:
@saylor. More:
The Block, Cointelegraph, Bitcoin Magazine, watcher.guru, Crypto Briefing, CoinQuora, CryptoPotato, and CryptoSlate
Tweets: @cz_binance, @cz_binance, @juthica, @udiwertheimer, @hasufl, @fomocapdao, @bigcheds, @ftx_access, @digitalassetbuy, @bitcoinbirch, @stephanlivera, and @followtheh
| Raymond Wong / Input: |
Carl Pei says Nothing phone (1) will use the mid-range Snapdragon 778G+, not the high-end 8 Gen 1, citing a need to balance cost, power usage, and performance — By the time Nothing's July 12 launch event for the Phone (1) comes around, there won't be much (if anything) left to announce for the transparent Android smartphone.
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The Verge, Thurrott, Android Authority, 9to5Google, Android Headlines, PhoneArena, and Mashable
Tweets: @raywongy, @getpeid, @raywongy, @bengeskin, @ishanagarwal24, and @r3dash
| Alex Heath / The Verge: |
Snap will begin rolling out Snapchat+ this week, offering exclusive and early access features for $3.99 per month — No, it doesn't let you turn off ads — Starting this week, Snap will begin offering an optional subscription called Snapchat Plus that unlocks exclusive and early access features.
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Daily Mail, PCMag, 9to5Google, TechCrunch, Engadget, 9to5Mac, Snap Newsroom, CNBC, Variety, and TechSpot
Tweets: @carnage4life and @alexeheath
| Annie Armstrong / Artnet News: |
As crypto plummets, Paris Hilton, Jimmy Fallon, Serena Williams, Reese Witherspoon, and other celebrities have quietly changed their NFT profile pictures — Jimmy Fallon, Shonda Rhimes, Travis Barker, and Meek Mill are among the celebrities who have abandoned their NFT avatars.
Tweets: @crypto_bobby, @ben_mckenzie, @thestalwart, @anthony, and @danielgothits
| Jonathan Stempel / Reuters: |
A federal judge rules former Uber CSO Joe Sullivan must face wire fraud charges over his alleged role in covering up a 2016 hack that exposed data on 57 million — (Reuters) - A federal judge on Tuesday said a former Uber Technologies Inc security chief must face wire fraud charges …
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Silicon Republic, U.S. Department of Justice, iTnews, and Bloomberg
Tweets: @lorakolodny and @gossithedog
| Wall Street Journal: |
Internal Celsius documents from 2021 show the crypto lender issued large loans backed by little collateral while pitching itself as less risky than banks — The lender had little cushion in the event of a downturn or mass withdrawals, investor documents show| Ingrid Lunden / TechCrunch: |
London-based Entrepreneur First, which invests in nascent startups, connects co-founders, and offers support, has raised a $158M Series C at a ~$560M valuation — Entrepreneur First made a name for itself a decade ago in its home base of London, and then further afield …
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Silicon Republic, FinSMEs, Tech in Asia, and Entrepreneur First
Tweets: @hzoete, @mattwichrowski, @seikatsu, @martinvars, and @matthewclifford
| Jay Peters / The Verge: |
Meta tests Discord-like changes in Facebook Groups, adding a channels list in a left-aligned sidebar that can include audio rooms, text chats, and feeds — New Groups changes seem inspired directly by Discord — Facebook Groups are about to get some big changes, and if you've used Discord …
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Meta, PCMag, MacRumors, Android Headlines, Silicon Republic, BGR India, Never Fully Read, Android Central, Wccftech, Neowin, Fossbytes, PhoneArena, TechRadar, Social Media Today, Search Engine Land, 9to5Mac, Adweek, Engadget, and TechCrunch
Tweets: @metanewsroom, @alexeheath, @pierce, @alexvoica, @alexeheath, and @lucasmtny
| Patrick McGee / Financial Times: |
Some VR developers express frustrations with Meta's Quest Store fees, set at 30% for purchases and 15%-30% for subscriptions, given Meta's criticism of Apple — Facebook parent faces backlash from developers and accusations of ‘hypocrisy’ over virtual reality store terms| Andrew Tarantola / Engadget: |
NOAA triples its weather modeling capabilities with two supercomputers built by General Dynamics at a cost of $505M, each operating at a speed of 12.1 petaflops — Last year, hurricanes hammered the Southern and Eastern US coasts at the cost of more than 160 lives and $70 billion in damages.
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noaa.gov, The Next Platform, Nextgov, KMTV, Weatherboy, CNN, The Register, FedScoop, and TechSpot
Tweets: @ryanmaue, @nwscharlestonsc, and @pourmecoffee
| Megha Paul / Tech.eu: |
UK-based Cleo, which offers an AI-powered financial assistance app aimed at Gen Z users, raised an $80M Series C led by Sofina — The British company, which has a US-first growth strategy, will utilise the funding to continue its growth in the U.S., including a significant increase in employee headcount
More:
FinSMEs, Finextra, UKTN | UK Tech News, and Silicon Canals
| David Yaffe-Bellany / New York Times: |
Forbes estimates the top 16 crypto billionaires lost $59B+ between March and June, led by Binance's CZ, as retail investors suffer heavy losses amid the rout — No cryptocurrency investor has been spared the pain of plunging prices. But the fallout from more than $700 billion in losses is far from even.
Tweets: @andreasharsono
| Iain Martin / Forbes: |
A look at NGL, an app that lets Instagram users send anonymous DMs, and its content moderation challenges; Data.ai: NGL has 1.75M downloads since November 2021 — A new app that allows Instagram users to send anonymous messages is soaring in popularity - and renewing concerns about cyberbullying …
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TechCrunch, Mashable, and HITC
| Bloomberg: |
A profile of ADT, which helps Google sell and install Nest smart home products, ahead of unveiling its ADT+ smart home security software and hardware in 2023 — Kneeling beneath a framed print of Thomas Kinkade's painting A Peaceful Retreat, Roli Chiu, alarm system installer …
Tweets: @austincarr
| Brendan Murray / Bloomberg: |
Experts express concerns over hackers commandeering ship controls, including automated steering and propulsion systems, despite some efforts to rectify issues — In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the US Coast Guard.
Tweets: @zschneeweiss, @jimpethokoukis, and @joshuasteinman
| Sarah E. Needleman / Wall Street Journal: |
Pinterest CEO Ben Silbermann is stepping down and transitioning to executive chairman, to be replaced by Google's president of commerce Bill Ready — The social-media company says Ben Silbermann will transition to executive chairman after leading the company since its founding in 2010
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Reuters, PYMNTS.com, Protocol, Business Wire, CNBC, Coinspeaker, Pinterest, Reuters, New York Times, Barron's Online, SiliconANGLE, TechCircle, Social Media Today, Benzinga, MarketWatch, MarketWatch, Fast Company, The Information, 9to5Google, San Francisco Business Journal, and International Business Times
Tweets: @williamready, @glenngabe, @mdudas, @profgalloway, @iankar_, @triketora, and @owenthomas
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