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May 19, 2022, 11:35 PM
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memeorandum
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| Mark Gurman / Bloomberg: |
Sources: Apple executives previewed the upcoming mixed reality headset to the company's board last week; Apple ramped up reality OS development in recent weeks — Apple Inc. executives previewed its upcoming mixed-reality headset to the company's board last week, indicating that development …
More:
South China Morning Post, AppleInsider, Counterpoint Research, Neowin, The Block, TechSpot, SlashGear, Patently Apple, Philip Elmer‑DeWitt, CNBC, PhoneArena, MacRumors, Redmond Pie, iPhone Hacks, iPhone in Canada Blog, iMore, The Verge, XDA Developers, Protocol, Macworld, Tom's Guide, iDownloadBlog.com, 9to5Mac, MobileSyrup, and The Mac Observer
| Rich McHugh / Insider: |
Docs: SpaceX paid $250K to settle a flight attendant's sexual misconduct claim that alleged Elon Musk offered a horse in exchange for an erotic massage in 2016 — - A flight attendant for SpaceX said Elon Musk asked her to “do more” during a massage, documents show.| Twitter: |
Twitter announces a crisis misinformation policy, including adding a warning to highly visible tweets with misleading information and disabling engagement — Around the world, people use Twitter to find reliable information in real time. During periods of crisis - such as situations of armed conflict …
More:
New York Times, Twitter Help Center, Slashdot, ZDNet, Reuters, Protocol, iMore, The Economic Times, and Axios
Tweets: @twittersafety, @yoyoel, @repmtg, @b_fung, @b_fung, @willoremus, @oilfield_rando, @brokebackusa, @moneyries, @niemanlab, @willoremus, @tsimonite, @twittersafety, @yoda, @yoyoel, @pkafka, @heminator, and @tomfitton
| Joseph Cox / VICE: |
In a policy shift, the US Department of Justice plans to stop prosecuting good-faith security research that would have violated the Computer Fraud and Abuse Act — The new policy addresses decades of uncertainty around the law and security research. — Joseph Cox
Source:
U.S. Department of Justice. More:
Bloomberg, TechCrunch, BleepingComputer, ZDNet, The Register, Electronic Frontier Foundation, Washington Post, Gizmodo, The Record, The Verge, Cybernews.com, PCMag, and Engadget
| Bloomberg: |
Sources: at an all-hands, Twitter's top lawyer Vijaya Gadde said there is “no such thing as a deal being on hold” and execs said Musk's deal is moving forward — Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk …
More:
Insider, Forbes, Insider, CNN, Reuters, TESLARATI, and The Daily Beast
Tweets: @caseynewton, @karoli, @rmfifthcircuit, @moorehn, @kurtwagner8, @caseynewton, @cesarvargas365, @mrinaldesai, @fmanjoo, @emmakinery, @goldman, @levynews, @emmakinery, @carnage4life, @kurtwagner8, @justinbaragona, @jamesrbuk, @nameshiv, @teroterotero, @carnage4life, @willoremus, @mikeisaac, and @kurtwagner8
| The Information: |
Sources: Coinbase is pausing new projects, freezing hiring, cutting costs, and giving staff more stock grants after its stock fell 75%+ in the past six months — Cryptocurrency trading firm Coinbase, whose revenue has shrunk amid a downturn in the sector, is pausing new business projects …
More:
PYMNTS.com, Protocol, The Block, and CoinDesk
Tweets: @carnage4life, @amir, @yevp, and @matousekmark
| Emily Nicolle / Bloomberg: |
Tether's accounting firm says Tether holds $20.1B in commercial paper, down 17% QoQ; Tether had $82.4B+ in total assets on March 31 and $82.2B in liabilities — Tether, the operator of the world's most used cryptocurrency, said it had reduced the amount of commercial paper in the reserve backing …
Source:
tether.to. More:
Forbes, Crypto Briefing, The Block, CryptoPotato, Decrypt, Crypto Adder's Notes, CNBC, and CoinDesk
Tweets: @chrisbloomstran, @emilyjnicolle, @dzambhalahodl, @faridrached, @mindaoyang, @douglaslagoscom, @paoloardoino, and @zsk
| Keach Hagey / Wall Street Journal: |
A new bipartisan Senate bill would prohibit companies with $20B+ in annual digital ad transactions from participating in more than one part of the ad ecosystem — The bill, which has some Democratic support, takes aim at conflicts of interest in advertising technology
More:
lee.senate.gov, SiliconANGLE, New York Post, The Verge, CNBC, CNN, The Register, Engadget, buck.house.gov, Protocol, Congressman Ken Buck, PYMNTS.com, Patently Apple, and The Hill
Tweets: @keachhagey, @keachhagey, @anthony, @ronmknox, @lutherlowe, @matthewstoller, @repkenbuck, @ericfruits, @ericfruits, @dlauer, @ericfruits, @profcarroll, @dlauer, @leah_nylen, @jason_kint, @dlauer, @zaidjilani, @dlauer, @andreas_schwab, @dinasrinivasan, @jessefelder, @dlauer, @matthewstoller, @ericfruits, @dlauer, @jason_kint, @ericfruits, @mediamorphis, @leah_nylen, @ericfruits, @asharma, @ericfruits, @ericfruits, @ericfruits, @mediamorphis, @dlauer, and @jason_kint
| Robert Gillies / Associated Press: |
Canada joins its intelligence allies in banning carriers from using Huawei and ZTE equipment for the country's 5G network, after a delay of over three years — TORONTO (AP) — Canadian Prime Minister Justin Trudeau's government has decided to ban China's Huawei Technologies from Canada's next-generation mobile networks.| Manish Singh / TechCrunch: |
In a letter to portfolio founders, Y Combinator advises to “plan for the worst” by cutting expenses and focusing on extending runways amid the economic downturn — Y Combinator, a Silicon Valley kingmaker, is advising its portfolio founders to “plan for the worst” …
More:
SiliconANGLE, The Economic Times, Crunchbase News, and The Reluctant CFO
Tweets: @refsrc, @levelsio, @refsrc, @howardlindzon, @downtempo, @erikvoorhees, @bryce, @leepnet, @kateclarktweets, and @yuris
| Alex Heath / The Verge: |
A Meta executive told employees to stop discussing abortion on Workplace, citing “an increased risk” that the company is seen as a “hostile work environment” — Employees say the stance runs counter to Meta policies on discussing Black Lives Matter and trans rights
Tweets: @thepacketrat
| Tonya Riley / CyberScoop: |
FTC warns edtech companies to not use children's data for commercial purposes like ads without parental consent, saying it will “vigilantly enforce” COPPA — The Federal Trade Commission voted 5- on Thursday to issue a policy statement warning education tech companies … | MK Manoylov / The Block: |
Sacramento-based Azra Games, a blockchain gaming startup developing a sci-fi fantasy game with virtual collectibles, raises a $15M seed led by a16z — Azra Games, a blockchain gaming startup, raised $15 million in seed funding, according to a Thursday announcement.
More:
CoinDesk, Sacramento Business Journal, Business Wire, Insider, Hollywood Reporter, and VentureBeat. Tweets: @azragames
| Sarah Perez / TechCrunch: |
Meta launches its free WhatsApp Cloud API, aimed at SMBs, to all businesses worldwide, and announces paid features for its WhatsApp Business app coming later — WhatsApp is continuing its push into the business market with today's news it's launching the WhatsApp Cloud API to all businesses worldwide.
More:
iTnews, PYMNTS.com, Livemint, The Economic Times, Social Media Today, BGR India, Adweek, WABetaInfo, Reuters, and Tech in Asia
Tweets: @mikeisaac and @martinsfp
| Jacob Kastrenakes / The Verge: |
Fastly acquires Glitch, the web coding service formerly called Fog Creek Software; Glitch CEO Anil Dash will join Fastly as its VP of developer experience — The coding platform will continue under the new owner — Fastly, a major provider of cloud services, announced today that it's acquiring Glitch …
More:
The Glitch Blog ✨, Fastly Blog, Insider, Dow Jones Newswires, The Register, and SiliconANGLE
Tweets: @glitch, @fastly, @ftrain, @karenpiper, @simonw, @jessevondoom, @mmasnick, @anildash, @kyliebytes, @fintanr, @amasad, @anildash, @threepointone, @jennschiffer, and @elegantlywasted
| Washington Post: |
Republicans, who opposed common carrier status for ISPs in the net neutrality debate, now want social media platforms to be treated like “public utilities” — Happy Thursday! I know, I know, going to law school probably would've helped writing today's newsletter.
Tweets: @viacristiano, @karlbode, @willoremus, @sayreevan, @jeffjarvis, @karlbode, and @adamthierer
| Canalys: |
North American smartphone shipments grew 3.7% YoY to 39M units in Q1 2022; Apple grew its market share to 51% with 19.9M units as Google grew 380% to 1.2M units — North American smartphone shipments reached 39.0 million units in Q1 2022, up 3.7% year on year.| Lawrence Abrams / BleepingComputer: |
AdvIntel: the Conti ransomware group has taken its infrastructure offline and its leaders have partnered with other smaller ransomware groups to conduct attacks — The notorious Conti ransomware gang has officially shut down their operation, with infrastructure taken offline and team leaders told that the brand is no more.| Frank Chaparro / The Block: |
FTX.US launches FTX Stocks, offering zero-commission stock trading of US-listed companies and ETFs, rolling out to the FTX.US Pro app over the coming months — - The news comes shortly after Sam Bankman-Fried's acquisition of a 7.6% stake in retail trading giant Robinhood.
More:
PR Newswire, Wall Street Journal, TechCrunch, CNBC, The Daily Moon, Blockworks, CoinDesk, Gizmodo, Crypto Daily, CryptoSlate, CryptoPotato, Bitcoin News, and crypto.news
Tweets: @sbf_ftx, @mayazi, @fintechfrank, @mayazi, @jeffjohnroberts, @matthewstoller, and @scaramucci
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