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June 17, 2022, 1:45 PM
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| Serena Ng / Wall Street Journal: |
Crypto hedge fund Three Arrows Capital is exploring financial options, including asset sales and a rescue by another firm, and says it invested ~$200M in Luna — Firm's founders say they still believe in the future of cryptocurrencies — Cryptocurrency-focused hedge fund Three Arrows Capital Ltd …
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The Block, The Verge, CoinDesk, Finbold, The Economic Times, Cointelegraph, Bloomberg, CryptoPotato, Reuters, CoinJournal, Fortune, Web3 is going just great, Bitcoinist.com, and Crypto Briefing
Tweets: @susanlitv, @tomgara, @nkulw, @demirelo, @anthony, @ceostroff, @w7voa, @laurashin, and @mattzeitlin
| Emily Baker-White / BuzzFeed News: |
Leaked audio from 80+ internal TikTok meetings shows that ByteDance staff in China accessed data about US TikTok users between September 2021 and January 2022 — For years, TikTok has responded to data privacy concerns by promising that information gathered about users in the United States …
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Protocol, Reuters, and Android Authority
| Reuters: |
TikTok says it has completed migrating its US users' data to Oracle's servers in the US — TikTok has completed migrating its U.S. users' information to servers at Oracle Corp (ORCL.N), in a move that could address U.S. regulatory concerns over data integrity on the popular video app, the company confirmed to Reuters.| Casey Newton / Platformer: |
Some employees say that Musk sounded genuinely enthusiastic about owning and running Twitter, but the meeting reinforced their mostly negative beliefs about him — Musk says he has big plans for the company. Employees wonder how he'll achieve them
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TechCrunch, Telegraph, Insider, New York Times, The Verge, The Economic Times, and Quartz
Tweets: @mslopatto, @caseynewton, @jtlevy, @profcritic, @mattxs, @martinsfp, @susanbordson, @alexeheath, and @lizzadwoskin
| Bloomberg: |
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Vox, The Verge, New York Times, The Verge, Washington Post, Fortune, CNBC, Reuters, BBC, New York Post, The Block, The Verge, Insider, Protocol, Fossbytes, Blockworks, Decrypt, Benzinga, La Wikly de Emilio Doménech, Android Headlines, Transistori, NPR, and Wall Street Journal
Tweets: @mikeisaac, @bennyjohnson, @alexeheath, @danprimack, @lizzadwoskin, @alexeheath, @mikeisaac, @cernovich, @noupside, @alexeheath, @jenn_elias, @kenli729, @reckless, @kantrowitz, @bennyjohnson, @elonmusk, @evafoxu, @elonmusk, @_szheng, @maxkennerly, @elonmusk, @daithaigilbert, @mikeisaac, @mikeisaac, @mikeisaac, @donie, @donie, @hsajwanization, @caseynewton, @nycsouthpaw, @markmilian, @ericnewcomer, @stevekovach, @mmasnick, @nytimes, @kurtwagner8, @pkafka, @kurtwagner8, @qhardy, @jlgolson, @mikeisaac, @anthony, @mikeisaac, @pkafka, @alexeheath, @kantrowitz, @jyarow, @mattrosoff, @ericajoy, @jimpethokoukis, @mkarolian, and @caseynewton
| Natasha Lomas / TechCrunch: |
The UK publishes its final response to a data reform consultation to diverge from EU rules, including replacing cookie consent pop-ups with browser opt-outs — The UK government has published its final response to a data ‘reform’ consultation it kicked off last year, laying out how it intends …
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The Guardian, GOV.UK, Hi, I'm Heather Burns, GOV.UK, Bloomberg, Reuters, BetaNews, The Register, Pocket-lint, CNBC, The National Law Review, and Forbes
| Makena Kelly / The Verge: |
A group of Senate Democrats calls on the US Commerce Department to follow the EU and create a strategy to require a common charging port for all mobile devices — No more Lightning ports? — A group of Senate Democrats is calling on the US Commerce Department to follow Europe's lead …
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United States Senate, 9to5Mac, The Register, TechCrunch, Protocol, Ars Technica, PCMag, The Hill, Macworld, Android Authority, PCMag, AppleInsider, Engadget, Tom's Guide, Digital Trends, TechSpot, iPhone Hacks, PetaPixel, and iMore
Tweets: @kywhitney, @josenthal, @kywhitney, @jamescz19, @brianbreslin, @mark_rice_, @asmallteapot, @aparanjape, @stevekovach, @reckless, @tractorlaw, @jeffnolan, and @davezatz
| The Verge: |
Snap is internally testing Snapchat Plus, a paid subscription service that will give users early access to exclusive, experimental, and pre-release features — It's currently in “early internal testing” — Snap is doing internal tests of a paid subscription called Snapchat Plus … | Ryan Mac / New York Times: |
Sources: SpaceX fired employees who helped write and distribute an open letter calling Elon Musk's behavior “a frequent source of distraction and embarrassment” — In an email, Gwynne Shotwell, SpaceX's president, said the letter had made other employees “feel uncomfortable, intimidated and bullied.”| Etan Vlessing / Hollywood Reporter: |
Roku unveils an e-commerce deal with Walmart, letting TV viewers use their remotes during a shoppable commercial to select a product and check out with Roku Pay — The pact could make TV streaming the next frontier in e-commerce shopping by blending entertainment and instant product purchases.| Janko Roettgers / Protocol: |
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IPG Media Lab, Next in Marketing, and Silicon Republic
Tweets: @jason_kint, @trengriffin, @richlightshed, @caseynewton, and @karlbode
| Anton Shilov / AnandTech: |
TSMC details its roadmap: a high volume 3nm chip production starting in H2 2022, with five 3nm-class N3 node iterations, and 2nm-class N2 introduction in 2025 — Taiwan Semiconductor Manufacturing Co. on Thursday kicked off its 2022 TSMC Technology Symposium, where the company traditionally shares …
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Taiwan Semiconductor …, HotHardware.com News, Tom's Hardware, The Register, Focus Taiwan, TechSpot, Android Headlines, SamMobile, and VideoCardz.com
Tweets: @skyjuice60, @scobleizer, @anandtech, @ryansmithat, @dnystedt, @dnystedt, @dnystedt, and @dnystedt
| Reuters: |
Sources: China's central bank accepted Ant Group's application to set up a financial holding company, a key step in a year-long revamp of the fintech business — China's central bank has accepted Ant Group's application to set up a financial holding company, three people with knowledge of the matter said …
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PingWest
| Kyle Wiggers / TechCrunch: |
New York-based Narmi, which lets small financial firms offer online and mobile banking services, raised a $35M Series B, bringing its total funding to ~$60M — The banking industry isn't always welcoming to startups, depending on the market's outlook. As inflation rises and companies brace …
Tweets: @narmi_tech
| Cristina Criddle / Financial Times: |
Some UK creators say they abandoned TikTok Shop's e-commerce program due to poor pay, long hours, and having to take flak for limited stock and shipping issues — Content creators say ‘livestream’ model means they earn less and now take flak for limited stock and shipping issues| Ingrid Lunden / TechCrunch: |
Prague-based online grocery delivery service Rohlik raised a €220M Series D led by Sofina and says its business has ~1M customers and had €500M in 2021 revenue — The salad days are over for many startups in the online food delivery sector. Following a long period of cash injections …
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PYMNTS.com, EU-Startups, MacDailyNews, Reuters, Sifted, Tech.eu, and Forbes. Tweets: @ingridlunden. Thanks:@ingridlunden
| Mary Jo Foley / ZDNet: |
Microsoft debuts Defender for Individuals, an online security dashboard for PC, Mac, iOS, and Android, part of Microsoft 365 Family and Personal subscriptions — Microsoft is adding the Microsoft Defender for Individuals to its Microsoft 365 Personal and Family subscriptions.| Andrea Park / Fierce Biotech: |
Tel Aviv-based Aidoc, which develops AI tools for radiologists to analyze CT scans and X-rays, raised a $110M Series D, bringing its total funding to ~$250M — Aidoc is on quite the hot streak. Aidoc is on quite the hot streak. Just about two months after racking up its ninth FDA clearance …
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MedCity News, Forbes, Aidoc, MobiHealthNews, Globes Online, and Geektime
| Wall Street Journal: |
Sources: Klarna is in talks with investors about funding at a ~$15B valuation, down from its $45.6B valuation in June 2021; source: a deal could yield $500M+ — The SoftBank-backed, buy-now-pay-later startup is discussing raising cash at a valuation around $15 billion, down from 2021's near $46 billion valuation
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Crunchbase News, Notadeepdive, City A.M., The Block, Coinspeaker, Sifted, AltFi, Bloomberg, and PYMNTS.com
Tweets: @ryan_browne_, @alex, and @bongcapital
| Financial Times: |
Blockchain.com data: bitcoin's hash rate has fallen 4% since the start of the week, as the total value of revenues paid to miners fell to a nearly one-year low — Share prices of companies that validate crypto transactions have tumbled over the past month — Bitcoin miners are scaling … Sponsor Posts
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