| CNBC: |
The cryptocurrency market has lost ~$130B over the past 24 hours; bitcoin and ether reached their lowest levels since July and are down 50%+ from all-time highs — - The cryptocurrency market had around $130 billion wiped off its value over 24 hours as the multi-day sell-off of major digital coins accelerated.| Cat Zakrzewski / Washington Post: |
District of Columbia, Texas, Washington, and Indiana AGs sue Google for allegedly deceiving users to gain access to their location data from at least 2014 — The complaints allege the company has deployed ‘dark patterns,’ design tricks that can subtly influence users' decisions in ways that are advantageous for a business| James Vincent / The Verge: |
Meta unveils AI Research SuperCluster, a supercomputer for ML training, claiming it will have 16K GPUs and be the world's fastest upon completion in mid-2022 — Designed to train the next-generation of machine learning systems — Social media conglomerate Meta is the latest tech company to build an … | Sami Fathi / MacRumors: |
The Netherlands fines Apple €5M, saying Apple's IAP payment changes “failed to satisfy the requirements”; the fine rises €5M/week to €50M until Apple complies — The Dutch Authority for Consumers and Markets (ACM) has ruled that Apple's plan to allow App Store dating apps … | Elliptic Blog: |
Research: an OpenSea bug is being exploited to purchase NFTs at below-market rates before flipping them, netting $1M+ across at least eight NFTs in 12 hours — A bug is being exploited to purchase NFTs from users of OpenSea, at well below market value. Since this morning … | Wall Street Journal: |
Internal docs: Facebook's low-data service for developing countries, advertised as being free, has regularly led to unexpected charges for users for months — Its program for low-income countries, designed to boost growth outside the U.S., leads to unexpected charges; the company blames software glitches| Mark Gurman / Bloomberg: |
Sources: Apple is readying the widest array of new hardware products in its history for this fall; LinkedIn profile shows Apple car exec Joe Bass left for Meta — Apple Inc. is nearing its first launch event of the year, with a new iPhone SE and iPad on tap.| Kirsty Needham / Reuters: |
Australian PM Scott Morrison lost control of his official WeChat account months ago, while the still-active account now promotes Chinese life in Australia — Australia's Prime Minister Scott Morrison's Liberal Party lost access to his official WeChat social media account months ago … | Javier Espinoza / Financial Times: |
Hundreds of German publishers, including Axel Springer, say Google is breaking EU law with its move to phase out third-party cookies from Chrome by next year — Axel Springer among the media groups demanding that Brussels intervene on search giant's plan — Google is facing a fresh complaint … | Manish Singh / TechCrunch: |
Indian food delivery service Swiggy raises a $700M Series K led by Invesco, source says at a $10.7B valuation; Swiggy was valued at $5.5B in July 2021 — Swiggy, India's top food delivery startup, has raised $700 million in a new financing round, just six months after securing $1.25 billion … | Sylvia Pfeifer / Financial Times: |
Autonomous air taxi startup Wisk Aero, a joint venture between Boeing and Kitty Hawk, raises $450M from Boeing — US manufacturer's Wisk investment is latest sign of investor appetite in emerging sector — Boeing has committed another $450m in an existing joint venture focused … | Ingrid Lunden / TechCrunch: |
Deliverect, which integrates online orders from various food delivery services into restaurants' POS systems, raises a $150M Series D at a $1.4B+ valuation — As we have started to see the light at the end of the Covid-19 tunnel, food delivery has shaped up to continue to be a major business.
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