Techmeme: The EU agrees on new crypto rules, including measures guarding against market abuse and requiring crypto firms to disclose environmental impacts of their assets (Dan Milmo/The Guardian)

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July 1, 2022, 2:00 PM

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Dan Milmo / The Guardian:

The EU agrees on new crypto rules, including measures guarding against market abuse and requiring crypto firms to disclose environmental impacts of their assets — MiCA law contains measures to guard against market abuse and manipulation — The EU has moved to rein in the “wild west” …

Reuters:

Google settles a lawsuit by agreeing in part to put $90M in a fund for US app developers who made $2M or less in annual Play Store revenue from 2016 to 2021 — Alphabet Inc's (GOOGL.O) Google has agreed to pay $90 million to settle a legal fight with app developers over the money …

More: The Keyword, hbsslaw.com, HotHardware, CNN, Thurrott, The Register, TechRadar, Techaeris, Engadget, The Verge, TechCircle, Android Central, Android Police, TechCrunch, Pocket Gamer.biz, Benzinga, GSMArena.com, Bloomberg, and 9to5Google

Michael Sheetz / CNBC:

The FCC authorizes SpaceX to provide Starlink satellite internet to vehicles in motion, including commercial airlines, shipping vessels, semitrucks, and RVs — - The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion …

More: Federal Communications …, SiliconANGLE, Telecoms Tech News, The Verge, Reuters, TNW, Fossbytes, Silicon Republic, Wall Street Journal, Insider, Mashable, Shacknews, ZDNet, Bloomberg, PCMag, and Slashdot

Tweets: @thesheetztweetz, @thesheetztweetz, @ldrogen, and @owensparks_

Chance Miller / 9to5Mac:

Biden to award a posthumous Medal of Freedom to Steve Jobs for changing the way the world communicates and transforming the computer, music, and film industries — The Biden Administration has announced the recipients of the Presidential Medal of Freedom for this year.

More: The White House, San Francisco Chronicle, AppleInsider, Appleosophy, PCMag, Tom's Hardware, MacRumors, TechCrunch, The Verge, CNET, CNBC, iDownloadBlog.com, Cult of Mac, iClarified, and Bloomberg

Tweets: @masonpelt, @rfreling, @harrymccracken, @gaberivera, @petersagal, @nkulw, @stevekovach, and @grahamstarr

Sergiu Gatlan / BleepingComputer:

Kaspersky researchers found malware used in the wild since at least March 2021 to backdoor Microsoft Exchange servers of government and military organizations — Attackers used a newly discovered malware to backdoor Microsoft Exchange servers belonging to government and military organizations from Europe …

More: kaspersky.com, Tech Monitor, OnMSFT.com, Petri IT Knowledgebase, TechSpot, Ars Technica, Securelist, Silicon Republic, The Hacker News, and Dark Reading. Tweets: @campuscodi

Wall Street Journal:

Sources: Klarna is nearing a deal to raise ~$650M mostly from existing investors led by Sequoia Capital at a ~$6.5B valuation, down from $45.6B in June 2021 — The deal would be a huge comedown for the company, which investors valued at $45.6 billion in 2021

More: Protocol and TechCrunch

Tweets: @carnage4life, @stevekovach, @kr00ney, and @nope_its_lily

Che Pan / South China Morning Post:

Over 10 Chinese entities establish openKylin, an open-source code community to develop a homegrown desktop OS and reduce China's reliance on Windows and macOS — The city has matured considerably despite being new to governing itself following the handover in 1997.

More: Beyond Search

Natasha Lomas / TechCrunch:

The European Commission says Amazon agreed to drop “dark patterns” from the process required to unsubscribe from its Prime membership across its sites in the EU — Amazon has agreed to simplify the process required for cancelling its Prime membership subscription service across …

More: The Economic Times, PCMag, Silicon Republic, and European Commission. Tweets: @ii1111

New York Times:

Netflix executives say they don't plan to change programming; two bank analysts say a cheaper ad-supported tier could cannibalize the higher-paying subscribers — Long Hollywood's leading innovator, the streaming service is staying the course, despite serious challenges to its business and questions about its content.

More: Bloomberg and The Streamable

Tweets: @benmullin, @benmullin, @brooksbarnesnyt, @michellemanafy, @richlightshed, and @kennethturan

Jonathan Stempel / Reuters:

Former Apple lawyer Gene Levoff pleads guilty to insider trading; Levoff allegedly traded before quarterly earnings from 2011 to 2016 and was fired in 2018 — The former top corporate lawyer at Apple Inc (AAPL.O) pleaded guilty on Thursday to insider trading charges, for what prosecutors called …

More: U.S. Department of Justice, HotHardware, Gizmodo, Wall Street Journal, 9to5Mac, Bloomberg, Protocol, Philip Elmer‑DeWitt, Insider, Dow Jones Newswires, Tech Times, Financial Times, Investing.com, and MacDailyNews

Tweets: @casuallaw, @tonyromm, @tw_seal, and @melinanders

Craig Silverman / ProPublica:

Google gave user data to Russian ad company RuTarget, including potentially sensitive info about users in Ukraine, four months after the US sanctioned RuTarget — The internet giant may have provided Sberbank-owned RuTarget with unique mobile phone IDs, IP addresses, location information …

Tweets: @craigsilverman, @quinncy, @dlberes, @disinfoindex, and @ericgarland

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:00 PM ET, July 1, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Athena Stavrou / The Independent:

More than 230 media industry professionals, including anonymous BBC staff, sign a letter accusing the BBC of bias favoring Israel in coverage of Gaza

Dominick Mastrangelo / The Hill:

Conservative radio host Hugh Hewitt quits as a contributing columnist at WaPo, after abruptly leaving a Post live video event hosted by Jonathan Capehart

Devin Gordon / New York Times:

AI in Hollywood is a tech leap with a vast impact but remains a tool, not a replacement, for creatives; its speed, quality, and cost allow for VFX breakthroughs

More News

Katie Adams / MedCity News:

New York-based Tomorrow Health, whose marketplace matches medical providers, home-based care suppliers, patients, and payers, raised a $60M Series B led by BOND

More: Business Wire, resources.tomorrowhealth.com, VatorNews, Axios, and FinSMEs

Manya Saini / Reuters:

Short-form video app Triller confidentially files for a US IPO, after ending its $5B merger with video ad software provider SeaChange International on June 14

More: TechCrunch, GlobeNewswire News Room, and Music Business Worldwide. Tweets: @danprimack

Prarthana Prakash / Bloomberg:

Uber received 3,824 reports of sexual assault and misconduct in 2019 and 2020, down 38% from 2017 and 2018, but the rate of fatal physical assaults rose 18%

More: Uber Newsroom, CNN, New York Times, Engadget, The Hill, and The Verge

Tim Bradshaw / Financial Times:

As metaverse avatars take off, a look at Understanding Comics, a 30-year-old illustrated lecture seen as a storytelling mechanics and visual vocabulary bible

Aisha Malik / TechCrunch:

Meta says Instagram is testing a change with select users that turns video posts into Reels, as part of “efforts to simplify and improve the video experience”

Kyle Wiggers / TechCrunch:

April, which personalizes and autofills tax filings by using AI to analyze tax code, raised a $30M Series A led by Treasury, bringing its total funding to $40M

More: PR Newswire, Crowdfund Insider, and FinSMEs

Mitchell Clark / The Verge:

Raspberry Pi announces the Pico W, a $6 microcontroller equipped with an 802.11n Wi-Fi radio, powered by an Infineon CYW43439 chip with Bluetooth disabled

More: Raspberry Pi, Tom's Hardware, TechRadar, TechSpot, PCMag, TechCrunch, SlashGear, TechPowerUp, Liliputing, BetaNews, and Phoronix

Tweets: @raspberry_pi and @papapishu

Brody Ford / Bloomberg:

Zoom is returning to its business software roots to revive growth, after two years of trying to monetize consumers, many of whom stick with free 40-minute calls

Tweets: @jeffnolan, @quinnypig, and @sarahfrier

Earlier Picks

Danny Nelson / CoinDesk:

CFTC charges South Africa-based bitcoin pool operator Mirror Trading International with a $1.7B fraud, in its “largest ever fraud scheme case involving bitcoin”

More: CFTC, CFTC, The Block, watcher.guru, Coinmonks, Coinspeaker, The Overspill, TechCrunch, Total Telecom, CryptoSlate, Reuters, PYMNTS.com, Web3 is going just great, Blockworks, Crowdfund Insider, and Cointelegraph

Katie Paul / Reuters:

In a weekly Q&A, Mark Zuckerberg told staff that Meta reduced its 2022 engineer hiring target to around 6,000 to 7,000, down from its plan to hire around 10,000

TechCrunch:

Meta rolls out NFT support on Facebook, letting select US creators display NFTs under a new tab on their profiles, after adding support to Instagram in May 2022

Jon Porter / The Verge:

Google updates its built-in password manager for Chrome and Android with the option to manually add passwords across all platforms, a unified design, and more

More: The Keyword, VentureBeat, Droid Life, iPhone in Canada Blog, PCWorld, TechCrunch, BigTechWire, Android Central, BetaNews, Android Authority, Android Police, Android Headlines, Engadget, and TechRadar

Yueqi Yang / Bloomberg:

CoinFlex postpones resuming withdrawals; CEO says they will return “as soon as possible, upon a successful raise” but won't share how much its token has raised

More: Something Interesting, CoinDesk, Alastor, CNBC, CNBC, CoinFLEX, Bitcoinist.com, Fortune, Insider, Inside Bitcoins, CryptoSlate, Cointelegraph, and CoinDesk

Tweets: @tier10k, @caseynewton, @gmorton512, @arjunkharpal, @thomastthai, and @wallstreetsilv

Bloomberg:

Filing: ex-Apple retail chief Ron Johnson's at-home tech setup company Enjoy files for bankruptcy, less than a year after its SPAC merger, and sells to Asurion

Joanna Ossinger / Bloomberg:

Bitcoin is on track for its worst quarter since Q3 2011, plunging 58%, after sliding 6%+ to fall below $19,000 on Thursday, the second time in a fortnight

More: BNN, Coinspeaker, Ethereum World News, Barron's Online, PYMNTS.com, The Information, Digital Trends, CoinDesk, CNBC, Cryptonews, Bloomberg, Bloomberg, Decrypt, Cointelegraph, and Decrypt

Tweets: @saylor, @layahheilpern, @watcherguru, @ercwl, @grady_booch, @cz_binance, and @cryptontez