Techmeme
July 6, 2022, 11:30 AM

Top News

CoinDesk:
Toronto-based crypto lender Voyager Digital files for Chapter 11 bankruptcy protection in New York, estimating it has 100,000+ creditors and $1B-$10B in assets  —  The Toronto-based lender filed for Chapter 11 bankruptcy in New York late Tuesday.  —  Crypto lender Voyager Digital filed …
Ryan Browne / CNBC:
Ingrid Lunden / TechCrunch:
Amazon partners with Just Eat Takeaway to offer a free one-year Grubhub+ subscription to Prime members in the US; Amazon also receives equity in Grubhub  —  Amazon tried but then ultimately stepped away from building its own cost-intensive Grubhub and DoorDash competitor in the U.S. back in 2019.
Bloomberg:
Sources: the US is lobbying the Netherlands to ban ASML from selling its older deep ultraviolet lithography systems for making less-advanced chips to China  —  The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk …
Javier Espinoza / Financial Times:
Sources: Amazon will share more data with rivals and offer buyers a wider choice of products to assuage EU antitrust regulators, ending two high-profile probes  —  Agreement set to give more information to online platform's third-party sellers and close two probes
Sky News:
The UK's CMA opens an investigation into whether Amazon distorts competition by favoring its own retail business or sellers that use its Prime services  —  Amazon is being investigated by Britain's antitrust watchdog over concerns that some of its practices in the UK may be anticompetitive and result in a worse deal for customers.
Ryan Browne / CNBC:
The UK's CMA opens an antitrust investigation into Microsoft's proposed Activision Blizzard acquisition, setting a September 1 deadline for its initial decision  —  - It marks one of the first probes by a major antitrust enforcer into the $68.7 billion deal, which was announced in January.
Ryan Weeks / The Block:
Sources: a senior Axie Infinity engineer was duped by a fake LinkedIn job ad before downloading a PDF containing spyware, leading to the $600M+ Ronin hack  —  - Hackers duped a senior engineer at Axie Infinity into applying for a job at a fictitious company.
Derek B. Johnson / SC Media:
NIST selects four encryption algorithms designed to withstand future quantum computing hacking threats and underpin its future cryptography standards by 2024  —  For years, the National Institute for Standards and Technology have been working on a project to identify and vet a handful …
Leah Nylen / Bloomberg:
The DOJ hires former Microsoft chief economist Susan Athey as its top antitrust economist; sources say Athey will likely be recused from Apple and Google cases  —  Susan Athey, a Stanford University professor and former chief economist at Microsoft Corp., is joining the Justice Department as its top antitrust economist.
Yueqi Yang / Bloomberg:
Crypto exchange Bitstamp plans to charge a monthly €10 fee for non-US accounts that are inactive for one year with a balance below €200, starting on August 1  —  Crypto exchange Bitstamp plans to charge a monthly “inactivity fee” for certain users, as the market downturn weighs on trading volume in the industry.
Dan Milmo / The Guardian:
The UK proposes an Online Safety Bill amendment forcing tech companies to remove CSAM or Ofcom will fine them up to £18M or 10% of their annual turnover  —  Amendment to online safety bill would require tech firms to make their ‘best endeavours’ to deploy new technology
Foo Yun Chee / Reuters:
Emily Flitter / New York Times:
As crypto markets tumbled, strict US regulatory rules on risky assets mostly insulated Wall Street from the chaos, while retail investors had no such safeguards  —  As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
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 …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Fri. 11/22 - An LLM Siri But... Only The Year AFTER Next?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:30 AM ET, July 6, 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.

More News

James Vincent / The Verge:

Earlier Picks

Emily Baker-White / Forbes:
David Pan / Bloomberg:
Paul MacInnes / The Guardian:
Munsif Vengattil / Reuters:
Sarah Zheng / Bloomberg: