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July 22, 2022, 8:10 PM
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| Bloomberg: |
Source: FTX is in advanced talks to acquire South Korean cryptocurrency exchange Bithumb — FTX, the crypto trading platform co-founded by billionaire Sam Bankman-Fried, is in advanced talks to buy South Korea's Bithumb, a person with knowledge of the matter said.
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The Block, Decrypt, The Block, PYMNTS.com, Watcher Guru, Ethereum World News, Crypto Briefing, Bitcoinist.com, Blockworks, CryptoSlate, Fortune, Cryptonews, and Crypto Adventure
Tweets: @ki_young_ju, @epro, and @doombergt
| Cameron Thompson / CoinDesk: |
FTX plans to let customers of bankrupt crypto lender Voyager create new accounts on FTX, funded by an early distribution of a part of their bankruptcy claims — The crypto exchange will allow Voyager customers to create accounts funded by an early distribution of a part of their bankruptcy claims.
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PR Newswire, Protocol, Bloomberg, Blockworks, Reuters, Neowin, The Block, Fortune, Crypto Briefing, and Cointelegraph
Tweets: @sbf_ftx, @edzitron, and @laurashin
| Annie Palmer / CNBC: |
Twitter reports Q2 revenue down 1% YoY to $1.18B, vs. 1.32B est., a $270M net loss, down from $66M in net income a year ago, and 237.8M mDAUs, up 16.6% YoY — - Twitter reported earnings for the second quarter on Friday that missed analyst estimates on earnings, revenue and user growth.
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Tweets: @stokel, @carnage4life, @aparanjape, @davepell, @alistairmbarr, @mattnavarra, @carnage4life, @newley, and @ryan_browne_
| Jacob Kastrenakes / The Verge: |
Twitter says Q2 ad revenue grew 2% YoY to $1.08B and blames its revenue slide on uncertainty around Elon Musk's “pending acquisition” and ad industry problems — Musk is creating ‘uncertainty’ for advertisers — Twitter would have earned more money over the past few months if Elon Musk hadn't been in the picture.| Bloomberg: |
An interview with 3AC founders Su Zhu and Kyle Davies, who may be hiding in the UAE, on its “regrettable” collapse, leverage, Luna, risk management, and more — After five weeks in hiding, the disgraced founders of Three Arrows Capital spoke extensively about the spectacular implosion …
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PYMNTS.com, Decrypt, The Block, crypto.news, BTC Times, CoinDesk, A Scammer Darkly, Coinspeaker, CryptoPotato, Bitcoinist.com, Crypto Briefing, Bitcoin News, Blockchain Confidential, Crypto Daily, CryptoSlate, Finbold, The Weekly Update, Blockworks, Watcher Guru, Cryptonews, Cointelegraph, Ethereum World News, and Forkast
Tweets: @cryptohayes, @newley, @annairrera, @muyaoshen, @laurashin, @samrusani, @defi_dad, and @freddieraynolds
| Ashley Capoot / CNBC: |
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date — - Shares of Snap fell 39% on Friday, a day after the company reported disappointing second-quarter results. — Snap attributed its results to a challenging economy …
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Snap, Tubefilter, and Fortune
Tweets: @alex_gurevich, @alistairmbarr, @internetofshit, @jimcramer, @tanayj, @howardlindzon, @alex_gurevich, @alex_gurevich, @alex_gurevich, @alex_gurevich, @alex_gurevich, @alex_gurevich, @alex_gurevich, @levynews, @davepell, @carnage4life, @lessin, @internetofshit, @teroterotero, and @richlightshed
| Alex Kantrowitz / Big Technology: |
Google fires engineer Blake Lemoine, who believed Google's LaMDA conversational technology was sentient, citing employment and data security policy violations — Google has fired Blake Lemoine, the engineer who said he believed the company's LaMDA conversational technology was sentient.
Tweets: @kantrowitz
| Mike Allen / Axios: |
Amazon SVP of global corporate affairs Jay Carney plans to join Airbnb in September 2022 as global head of policy and communications, succeeding Chris Lehane — Jay Carney, who was White House press secretary under President Obama, will move from Amazon to Airbnb as global head of policy and communications.
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Airbnb Newsroom, The Information, Seattle Business Journal, New York Times, Associated Press, Reuters, Financial Times, CNBC, Wall Street Journal, GeekWire, Bloomberg, PYMNTS.com, The Hill, and Scope Creep 🎯
Tweets: @mikeallen, @bchesky, @swin24, @liz_jarv, and @kenklippenstein
| Todd Bishop / GeekWire: |
T-Mobile agrees to pay $350M to settle a class action lawsuit over a cyberattack in 2021 that impacted 76M+ customers and pledges $150M in security investments — T-Mobile agreed Friday to pay $350 million to settle class-action lawsuits brought over an August 2021 cyberattack … | Oversight Board: |
Meta's Oversight Board Trust says the company is giving $150M to the trust as part of ongoing financial support, after its initial $130M contribution in 2019 — Today the Oversight Board Trust announced that Meta has made a commitment that provides for ongoing financial support for the Oversight Board.
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Social Media Today, Engadget, Adweek, PetaPixel, The Hill, TechCircle, and Axios
Tweets: @oversightboard, @markham, @fboversight, @jgo4justice, @natematias, @samfbiddle, @dunstanhope, @pedroaguerr, @oliverdarcy, @accountabletech, @jason_kint, @sarthakgh, @goldman, @oversightboard, @fboversight, @charlesarthur, @fboversight, @robleathern, @natematias, @viacristiano, @samfbiddle, @nickclegg, @jaredbkeller, @shiringhaffary, @fboversight, and @edzitron
| Lawrence Abrams / BleepingComputer: |
Entrust, an ID management company used by US Treasury, DHS, and others, confirms it was breached by a ransomware gang in June which stole internal data — Digital security giant Entrust has confirmed that it suffered a cyberattack where threat actors breached their network and stole data from internal systems.| Natasha Mascarenhas / TechCrunch: |
Instacart co-founder Apoorva Mehta, who stepped down as CEO in 2021, says he'll step down as executive chairman and leave the board once the company goes public — A year ago, Instacart co-founder Apoorva Mehta left his role as chief executive of the grocery delivery unicorn and took on an executive chairman position.Sponsor Posts
Meta:
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Tribe AI:
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Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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