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March 9, 2022, 5:35 PM
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memeorandum
WeSmirchTop News
| Wall Street Journal: |
Biden signed an executive order directing federal agencies to study the risks posed by digital assets, such as evading sanctions, and consider a digital dollar — Cryptocurrency advocates celebrate order while skeptics see it as a step back for regulation — WASHINGTON—The price …
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The White House, The White House, CoinDesk, NBC News, Washington Post, Reuters, CNBC, CNBC, The White House, BleepingComputer, The White House, The Register, The Verge, Vox, CoinDesk, Decrypt, PCMag, PYMNTS.com, VICE, TechCrunch, The Block, Fast Company, The Hill, Payments Dive, SiliconANGLE, CBS News, Insider, Cointelegraph, Tech Policy Press, Reuters, Tom's Hardware, New York Post, FedScoop, Wealth Management, Bitcoinist.com, iPhone in Canada Blog, Mashable, Reuters, Protocol, CoinJournal, Forkast, Cointelegraph, Axios, USA Today, Engadget, Coinspeaker, The Record, ZDNet, Bitcoin Magazine, Forbes, Decrypt, New York Times, Barron's Online, KnowTechie, CryptoPotato, and CyberScoop
Tweets: @garygensler, @sbf_ftx, @jerallaire, @markwarner, @senwarren, @carnage4life, @whitehouse, @fintechfrank, @jwverret, @cmsintern, @jeneps, @cameron, @timccopeland, @saylor, @teanataylor, @jeneps, @ericliptonnyt, @twobitidiot, @thestalwart, @sbf_ftx, @val5linx, @cameron, @carnage4life, @cobie, @cameron, @statedept, @jeneps, @cameron, @andrewyang, @katiephang, @crypto_ed_nl, @fredwilson, @b_fung, @kwerb, @lopp, @statedeptspox, @mdudas, @johnedeaton1, @anildash, @mdudas, @lightcrypto, @atabarrok, @alex, @ronconway, and @mdudas
| Ryan Smith / AnandTech: |
A deep dive into Apple's M1 Ultra: two M1 Max dies combined into a single chip, 800GB/second memory bandwidth, 64 GPU cores to outperform the RTX 3090, and more — As part of Apple's spring “Peek Performance” product event this morning, Apple unveiled the fourth and final member of the M1 family of Apple Silicon SoCs, the M1 Ultra.
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The Verge, 9to5Mac, CNET, AppleInsider, The Verge, Engadget, Computerworld, MacStories, Apple Must, TechPowerUp, and YouTube
| Chris Welch / The Verge: |
Studio Display's A13 Bionic chip, the same SoC that powers the iPhone 11, lets Apple add Center Stage, Spatial Audio, and “Hey Siri” to a desktop monitor — The A13 Bionic makes the most of the built-in webcam and speakers — Apple's $1,599 Studio Display will be available on March 18th …
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AppleInsider, 9to5Mac, Philip Elmer‑DeWitt, and MSPoweruser
Tweets: @markgurman, @shiraovide, @jasoncross00, and @hrafntho
| Pushkar / Bits and Bytes: |
A look at the symbiotic relationship between TSMC and Apple: TSMC gets a predictable, demanding, high volume customer and Apple gets cutting-edge chips at scale — The TSMC-Apple partnership has been one of the defining relationships of the mobile computing era.
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Stratechery. Tweets: @underfox3, @magicsilicon, @magicsilicon, @detroitborg, @chockenberry, and @marcan42
| On Substack: |
Substack launches an iOS app for reading; Android users can join a waitlist — What you read matters — Today, we're launching an iOS app for reading. It's like your email inbox, but better. — For readers, the app brings all your Substack subscriptions together in one venue …
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App Store, The Verge, Input, CNET, PCMag, TechCrunch, Money MMA, 9to5Mac, One Man & His Blog, The Antagonist, InvestTank's Newsletter, Engadget, We Are Speaking, Cup of Strength, Nieman Lab, Dare To Think, Searching for Political …, Alts by Flippa, The Lee Show, Simon Owens's Media Newsletter, Stupid Fresh Mess, The Susie Braam Blog, Substack Finance, KnowTechie, Mashable, The Liminality Journal, Rambling Photographer, David Lebovitz Newsletter, The Kokomo Lantern, and things i'm thinking about
| Ryan Browne / CNBC: |
Sony stops sales of PlayStation consoles and software in Russia and shuts its PlayStation Store following Ukraine vice prime minister Mykhailo Fedorov's request — - Sony's PlayStation unit says it has suspended all software and hardware shipments in Russia.
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Game Developer, The Verge, Engadget, GamesIndustry.biz, Android Central, Polygon, and IGN
| Emily Nicolle / Bloomberg: |
Two Austrian entrepreneurs acquire the assets of LimeWire, the music sharing service shuttered in 2010, and plan to relaunch it as an NFT marketplace for music — A pair of serial entrepreneurs in Austria has bought the rights to defunct music platform LimeWire with plans to revamp its image …
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CNBC, The Block, Tech.eu, PCMag, VICE, Protocol, Blockworks, Engadget, Stereogum, Mashable, Reuters, Bitcoin News, TechSpot, Plagiarism Today, Decrypt, Input, PCWorld, KnowTechie, Silicon Republic, and TechRadar
| Dana Mattioli / Wall Street Journal: |
Bipartisan House Judiciary Committee members ask the DOJ to investigate Amazon and its executives, accusing the company of obstructing Congress' antitrust probe — House Judiciary Committee accuses tech giant of withholding information during antitrust probe; Amazon has denied any attempts to mislead
Source:
House Judiciary Committee. More:
Ars Technica, PCMag, SiliconANGLE, Financial Times, Protocol, Washington Post, CNN, Engadget, and CNBC
Tweets: @davidcicilline, @danamattioli, @b_fung, @wavesblog, @carnage4life, @viacristiano, @eventdrivenmgr, @b_fung, @stacyfmitchell, and @jason_kint
| Chaim Gartenberg / The Verge: |
Twitter begins rolling out Twitter Shops in beta, letting select US merchants and partners add a virtual storefront with up to 50 items to their profiles on iOS — Currently only rolling out for select businesses on iOS — Twitter is rolling out a new shopping beta today: Twitter Shops …
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Twitter, TechCrunch, Social Media Today, SlashGear, CNET, Engadget, and Bloomberg
Tweets: @tomfgoodwin and @mattnavarra
| Michelle Ma / Protocol: |
In its Q4 earnings on Tuesday, Bumble said it is discontinuing operations in Russia and leaving the Russian and Belarusian app stores; Bumble stock is up 40%+ — Dating app Bumble is the latest to exit Russia as the war in Ukraine continues. — The company, which owns its eponymous app …
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Bumble, Engadget, and Coinspeaker
| Brandy Betz / CoinDesk: |
The DOJ says Samuel Reed is the final BitMEX co-founder to plead guilty to US Bank Secrecy Act violations and has agreed to pay a $10M criminal fine — Samuel Reed will pay a $10 million fine for violating anti-money laundering rules and also faces up to five years in prison.
More:
U.S. Department of Justice, Reuters, and Dow Jones Newswires
| Washington Post: |
Lumen becomes the second US backbone internet provider to exit Russia after Cogent; Russia's top international data sources are now in Sweden, Italy, and the UK — Lumen, a leading American Internet provider to Russia, announced Tuesday that it was severing business relations in the country …
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The Verge, TechCrunch, Security Boulevard, Krebs on Security, Light Reading, DCD, PCMag, Telecoms Tech News, The Register, and Silicon Republic
Tweets: @josephmenn, @jshermcyber, and @natynettle
| Jamie Crawley / CoinDesk: |
The EU clarifies that sanctions on Russia and Belarus extend to crypto assets, deeming them “transferrable securities” that can be used for loans and credit — Crypto assets fall into the category of “transferrable securities” and are therefore clearly included in the scope of sanctions, the EU said.
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European Commission, Decrypt, Cointelegraph, CryptoPotato, The Block, Crypto Briefing, Reuters, and DW.COM
| Foo Yun Chee / Reuters: |
Sources: Amazon is expected to win unconditional antitrust approval from the European Commission for its $8.5B MGM acquisition, which was announced in May 2021 — Amazon is expected to win unconditional EU antitrust approval for its $8.5 billion buy of U.S. movie studio MGM … | Sarah Perez / TechCrunch: |
TikTok launches music distribution platform SoundOn in the US, the UK, Brazil, and Indonesia, letting artists upload music to TikTok, Resso, Spotify, and more — TikTok has already achieved massive influence in today's music industry, sending songs that find popularity on the app to the top of the Billboard charts.| Aisha Malik / TechCrunch: |
Facebook rolls out new features for Group admins, including the ability to automatically decline incoming posts with information marked false by fact checkers — Facebook announced today that it's rolling out new features to help Facebook Group administrators keep their communities safe, manage interactions and reduce misinformation.
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Meta, Adweek, Social Media Today, Engadget, and CNET
| Jeremy C. Owens / MarketWatch: |
Asana reports Q4 revenue of $111.9M, up 64% YoY, GAAP net loss of $90M, up from $61.5M in Q4 2021, and 119K paying customers; stock down 15%+ after hours — Collaboration-software company loses more than expected while revenue grows faster than analysts modeled, and that dynamic is expected to continue
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Asana
| Annie Palmer / CNBC: |
Amazon's board of directors approve a 20-for-1 stock split and Amazon says it plans to buy back up to $10B in shares; stock rises 6% after hours — - Amazon on Wednesday announced that the Board of Directors has approved a 20-for-1 stock split. — The company also said it plans to buy back up to $10 billion worth of shares.
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Bloomberg, GeekWire, and Barron's Online
| New York Times: |
A look at the rise of DAOs, which wrestle with infighting and other issues; DeepDAO: cryptocurrencies held in DAO treasuries increased 3,200% to $13B+ in 2021 — The cryptocurrency boom has spawned enterprises democratically governed by a community of users. Or that's the theory.
Tweets: @blockanalia, @annmlipton, @ericliptonnyt, and @ericliptonnyt
| Jonathan Greig / ZDNet: |
CrowdStrike Q4: revenue of $431M, up 63% YoY, subscription revenue of $405.4M, up 66% YoY, FY2021 revenue of $1.45B, up 66% YoY; stock up ~12% after hours — Non-GAAP net income for the cybersecurity company in Q4 came to $70.4 million or 30 cents per share.
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Business Wire
| Mary Ann Azevedo / TechCrunch: |
Savings and investing app Acorns raises a $300M Series F at a nearly $2B valuation led by TPG, six weeks after shelving its SPAC plans with Pioneer Merger Corp. — Savings and investing app Acorns has raised $300 million in a Series F funding round that values the company at nearly $2 billion.
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Benzinga, CNBC, Crowdfund Insider, SPACInsider, subSPAC, and Crunchbase News. Tweets: @bayareawriter
| Washington Post: |
As Western tech companies react to sanctions on Russia, Twitch streamers, Upwork gig workers, OnlyFans creators, and contract developers lose their livelihoods — When Arina, a 22-year-old illustrator in Russia, first started using the freelance work platform Upwork last year, it changed her life.
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Washington Post, Input, and IGN
Tweets: @vahn16, @vahn16, @vahn16, @nitashatiku, and @nitashatiku
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