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March 17, 2023, 8:15 PM
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| Georgia Wells / Wall Street Journal: |
Sources: some lawmakers and tech executives like Peter Thiel are mobilizing against China's involvement in US tech, ahead of the TikTok CEO's US House testimony — Group to meet ahead of TikTok's testimony before Congress — A group of Silicon Valley executives, including investor Peter Thiel …
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New York Times, Washington Post, The Information, The i Paper, Associated Press, Techaeris, CNBC, Digital Music News, TechCrunch, Livemint, and Bloomberg
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@niubi, @drewharwell, @kyurieff, @newley, @wideofthepost, @jacobhelberg, @jchengwsj, @niubi, @minhasnajma, @pstasiatech, @thedragonfeeder, and @georgia_wells
| Hailey Fuchs / Politico: |
Source: TikTok is paying dozens of creators to visit DC next week and lobby lawmakers against a forced sale, ahead of CEO Shou Zi Chew's testimony on March 23 — The influential social media app TikTok is flooding the nation's capital with influencers next week as part of an 11th hour lobbying blitz …
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New York Times, The Information, Insider, Axios, and NBC News
Tweets:
@levinejonathan, @arlenparsa, @asymmetricinfo, @emzanotti, @ttp_updates, @mattnavarra, and @hailey_fuchs
| Kris Holt / Engadget: |
Meta debuts Verified in the US for $12/month on the web or $15/month on Android/iOS, with a blue badge, proactive impersonation protection, and customer support — Meta's paid verification program is available in the US starting today, CEO Mark Zuckerberg wrote on his Instagram channel.
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LinkedIn:
Tiago Amaral and Matt Navarra
Tweets:
@karissabe, @mattnavarra, @mattnavarra, @davedrolet, and @pt
| Sara Fischer / Axios: |
YouTube lifts its restrictions on Donald Trump's channel, imposed after the January 6 insurrection, after evaluating the “continued risk of real-world violence” — YouTube will lift its restrictions on former President Trump's channel Friday, a spokesperson confirmed to Axios.
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| Ingrid Lunden / TechCrunch: |
SVB Financial Group, the holding company for SVB Capital and SVB Securities, files for Chapter 11 and “believes it has approximately $2.2B of liquidity” — One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank …
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LinkedIn:
Eva Davis, Minh Le, Charanjeet Ajmani, Gerald Brady, and Ben Johnson
| Bloomberg: |
Sources: Coinbase is exploring setting up a crypto trading platform overseas for institutional clients outside of the US, amid increased US scrutiny of crypto — Institutional clients of Coinbase Global Inc. have been contacted by the firm about plans to potentially set …
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The Block, Decrypt, Bitcoinist.com, PYMNTS.com, CoinGape, CryptoSlate, Protos, Ethereum World News, and Cointelegraph
Tweets:
@fintechfrank, @wublockchain, @simondixontwitt, and @mdudas
| Connie Loizos / TechCrunch: |
After SVB froze its deposits, HR software startup Rippling raised a $500M Series E at an $11.25B valuation, same as Series D, taking its total funding to $1.2B — As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad has nearly seen it all. Or so he might have thought until last week.
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The Information, SiliconANGLE, Rippling, and Bloomberg
LinkedIn:
Julia Aybin, Jon Finch, Kendall Kucera, Adi Asali, Adam Swiecicki, and Alex Bristol
Tweets:
@adamnash, @iankar_, @kimmytaylor, @stanine, @everettrandle, @alex, @kateclarktweets, @mamoonha, @mvernal, and @nwilliams030
| New York Times: |
Sources: Twitter explored licensing music rights from three major labels but negotiations stalled after Elon Musk's takeover and were abandoned due to costs — Twitter didn't move forward with the music licensing deals because of costs, people with knowledge of the matter said.
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Ars Technica, SlashGear, and Insider
| Alex Konrad / Forbes: |
Around 20 investors and founders detail how some solo investors and small VC firms helped startups during the SVB crisis while many big VC firms disappointed — Covering venture capital, cloud and startups — When founders scrambled to make payroll after the closure of SVB …
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Fortune, The Information, HBR.org, UKTN, SC Media, VICE, and Moonshot Ventures
LinkedIn:
Alex Konrad. Tweets:
@alexrkonrad, @khoslaventures, @alexrkonrad, and @olitsar. Thanks:@alexrkonrad
| Financial Times: |
How tech from Synthesia, an AI startup backed by Kleiner Perkins and GV, is being used to make deepfake news videos promoted by Venezuela's government — UK tech company developed software used in fake news videos promoted by authoritarian government — As Venezuela prepared for carnival season … | Alexander Martin / The Record: |
Q&A with two Meta security experts about the company's Online Operations Kill Chain, a framework for responding to threats like election influence operations — Next year will feature some of the most geopolitically significant elections of our times. Voters will be heading …
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SecurityWeek, Carnegie Endowment for International Peace, and Dark Reading
Tweets:
@benimmo, @alexmartin, @phmai, @iopartnership, @therecord_media, and @therecord_media
| Andy Brown / NME: |
The FTC finalized a $245M fine for Epic Games on March 14 over tricking users into making unintended Fortnite purchases and bans Epic from using dark patterns — Epic Games faces over half a billion dollars in fines from the FTC — The United States Federal Trade Commission (FTC) …
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Digital Trends, gHacks Technology News, and Twinfinite
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| Mitchell Clark / The Verge: |
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| Sam Kessler / CoinDesk: |
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