Techmeme
July 8, 2022, 4:55 PM

Top News

Wall Street Journal:
Sources: Google has proposed splitting parts of its ad-tech business into a separate entity under Alphabet, to head off a possible US antitrust lawsuit  —  Tech giant's offers stop short of the asset sales preferred by Justice Department antitrust enforcers
Jonathan Stempel / Reuters:
A former investment manager sues Celsius for fraud, saying the crypto lender ran a Ponzi scheme by using customer deposits to rig the price of its crypto token  —  A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig …
Hannah Murphy / Financial Times:
Sources: Twitter CEO Parag Agrawal has become more vocal and aggressive internally; ex-executive: “Twitter is willing to go to war” to make the Musk deal happen  —  The $44bn takeover of Twitter has been punctuated by public clashes between two executives with wildly differing styles …
The Verge:
Rogers is experiencing a major outage, affecting internet and phone services, including 911 calls, in parts of Canada, and is “working hard to restore services”  —  Rogers confirmed the outage but has no ETA for a fix  —  Canadian telecom Rogers is suffering …
Osato Avan-Nomayo / The Block:
Tether says it liquidated a loan to Celsius without incurring any losses; the bitcoin-denominated loan to Celsius was overcollateralized about 130%  —  - Tether says a loan taken by struggling crypto firm Celsius has been liquidated and no losses were suffered.
VICE:
Congress demands info from period tracking apps and data brokers, including policies on geofencing, as part of an investigation into reproductive health data  —  The move comes directly in response to Motherboard's own investigations into how data brokers have provided access to location data related to abortion clinics.
Ian Allison / CoinDesk:
In a shareholder letter, CEO Peter Smith says Blockchain.com could lose ~$270M in loans to Three Arrows Capital, but that the exchange “remains liquid, solvent”  —  Blockchain.com “remains liquid, solvent and our customers will not be impacted,” wrote CEO Peter Smith in a letter to shareholders.
Sergiu Gatlan / BleepingComputer:
Microsoft rolls back blocking VBA macro scripts by default in Excel, PowerPoint, Access, Visio, and Word, “based on feedback” and “to make improvements”  —  While Microsoft announced earlier this year that it would block VBA macros on downloaded documents by default …
Michael Kan / PCMag:
The US DOJ indicts a Florida man for allegedly importing $1B worth of counterfeit Cisco equipment from China and selling it on Amazon and eBay  —  Onur Aksoy allegedly imported thousands of fake Cisco networking devices from China. … A Miami-based CEO has been arrested …

Sponsor Posts

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:
How you can grow your business with Zoho One  —  Zoho One is a comprehensive business suite, giving businesses the scalability, stability, security, and features they need for smooth operations.
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
Thu. 11/14 - The FBI (!) Investigating Polymarket
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 4:55 PM ET, July 8, 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

Andrew Mendez / TechCrunch:

Earlier Picks

CNBC:
Nikhilesh De / CoinDesk:
Adi Robertson / The Verge: