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March 21, 2022, 10:00 AM
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memeorandum
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| New York Times: |
Brazil's Supreme Court reverses its decision to ban Telegram, which it had ordered on Friday, after Telegram suddenly worked to comply with the court's orders — Brazil's Supreme Court blocked Telegram on Friday. The messaging app then responded with measures to fight misinformation, and the court quickly lifted its ban.| Kyle Wiggers / VentureBeat: |
Ramp, which helps companies automate expense reporting, raises $200M in equity and $550M in debt at an $8.1B post-money valuation led by Founders Fund — Businesses of a certain size have to contend with challenges around T&E (travel and expenses), an abbreviation for a category of expenses …
More:
TechCrunch, Payments Dive, and Finextra
| Financial Times: |
The CEO of lithography machine maker ASML says chipmakers' expansion plans will be constrained by a shortage of its critical equipment over the next two years — Intel admits expansion to be restricted as it works with ASML to boost capacity — Chipmakers' multibillion-dollar expansion plans … | Alex Sherman / CNBC: |
A look at the fallout between Bob Chapek and Bob Iger as Disney restructures for a world where streaming dominates and legacy distribution models fade away — Bob Iger, left, and Bob Chapek of Disney — April 12, 2020. That's the day former Disney CEO Bob Iger's relationship …
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The Rebooting and New York Post
| Sebastian Sinclair / Blockworks: |
FTX launches crypto exchange services in Australia, including crypto derivatives and spot market offerings, operating out of a Sydney headquarters — FTX is hoping to get ahead of the regulatory curve by appeasing policymakers and working “proactively” with regulators
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PR Newswire, ZDNet, CoinDesk, The Block, Ethereum World News, CoinJournal, Coinspeaker, and Forkast
| Hartley Charlton / MacRumors: |
A researcher shows Apple's Studio Display has 64GB of onboard storage and uses only 2GB; the storage might be related to Apple's A13 Bionic chip — Apple's Studio Display contains 64GB of onboard storage, but only 2GB are actually used by the display, a developer has discovered.
Source:
@khaost. More:
AppleInsider, TechRadar, iPhone in Canada Blog, and iMore
Tweets: @bzamayo, @jasoncross00, @ecormany, and @hartleycharlton
| Javier Espinoza / Financial Times: |
As EU lawmakers finalize the Digital Markets Act, big US tech companies have failed to lobby for substantial changes and are now focused on compliance — Brussels is set to finalise stringent new legislation targeting Silicon Valley giants, whose desperate lobbying has fallen on deaf ears
Tweets: @javierespft, @javierespft, @marcoscialdone, @javierespft, @javierespft, @javierespft, @johnc1912, @livingstone_s, @mxsba, and @a_maehl
| Yueqi Yang / Bloomberg: |
Goldman Sachs says it is the first major US bank to trade an over-the-counter crypto transaction in partnership with crypto merchant bank Galaxy Digital — Goldman Sachs Group Inc. executed its first over-the-counter crypto options trade, a further step in its expansion of digital-asset offerings to Wall Street investors.
More:
CNBC, CoinDesk, Canada NewsWire Group, Cointelegraph, Crypto Briefing, and Cryptonews
| Miriam Gottfried / Wall Street Journal: |
Thoma Bravo has agreed to buy Anaplan for $10.7B or $66/share, after the maker of cloud-based business planning software closed at $50.59 on Friday — Anaplan shareholders are to receive $66 a share in cash — Private-equity firm Thoma Bravo LP has struck a deal to buy Anaplan Inc. for $10.7 billion …
More:
TechCrunch, CIO.com, Axios, Reuters, SiliconANGLE, Financial Times, PitchBook, and Barron's Online
Tweets: @jimcramer, @tanayj, @wsjmarkets, and @buccocapital
| CBS San Francisco: |
A former Apple employee faces federal charges for allegedly defrauding the company out of $10M+, taking kickbacks, stealing parts, evading taxes, and more — CUPERTINO (CBS SF) - A former Apple employee is facing federal charges after he allegedly defrauded the tech giant out of millions … | Coco Liu / Bloomberg: |
Chinese e-commerce company Pinduoduo misses with ~$4.3B in Q4 revenue, up 3% YoY, as Beijing's crackdown and a delisting threat from the US worry investors — Pinduoduo Inc. reported revenue that missed estimates, the third straight quarter it's disappointed investors after China's economic slowdown sapped online consumption.
More:
Reuters
| Nathan Baschez / Every: |
How Substack is trying to balance the constraints of its own ideology of putting authors and readers first with its commitment to growth via its new mobile app — In the Spring of 2018 I got invited by the CEO of Substack to come to Toronto for a couple days to hang out with the whole team …
Tweets: @nbashaw, @shortformernie, @navalang, @faris, @marshallk, @sifter, and @noahchestnut
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