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June 24, 2022, 6:15 PM
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WeSmirchTop News
| Jeffrey Dastin / Reuters: |
As state laws limiting abortion kick in, tech companies could be forced by law enforcement to hand over users' search histories and other pregnancy-related data — The technology industry is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement …
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Washington Post, CNBC, PCMag, Insider, Washington Post, Fight for the Future, and Mashable
| Mark Sullivan / Fast Company: |
After SCOTUS overturned Roe v. Wade, Apple, Meta, Google, and other tech companies announce or reaffirm policies supporting staff seeking abortion services — A number of tech and media companies are responding to the Supreme Court's decision to overturn Roe v. Wade by offering to pay …
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CNBC, TechCrunch, GeekWire, Bungie.net, Ars Technica, Variety, 9to5Mac, Washington Post, Protocol, Gizmodo, Fortune, Daily Mail, Reuters, Game Developer, The Hollywood Reporter, LinkedIn, Observer, and TheGamer
Facebook: Sheryl Sandberg. Tweets: @markgurman, @daveyalba, @tribelsocial, @ninaburleigh, @billgates, @benioff, @stevekovach, @xpangler, @twilio, @exxhibitj, @b_fung, and @lesliemac
| Brian Newar / Cointelegraph: |
Harmony stops its Horizon bridge between Ethereum, Binance Chain, and Bitcoin after a theft of ~$100M in altcoins; Harmony says its BTC bridge was not impacted — The layer-1 blockchain's main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.
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CNBC, Harmony, Metaverse Post, The Register, Bloomberg, The Record, Decrypt, USA Today, Kiribto's Newsletter, CryptoPotato, PCMag, The Economic Times, crypto.news, TechCrunch, Crypto Daily, ZyCrypto, PYMNTS.com, Micky, CoinQuora, Cryptonews, Another Day in Crypto, San Francisco Business Journal, and Web3 is going just great
| Tracy Wang / CoinDesk: |
Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from troubled crypto lender Celsius in the event of a bankruptcy — The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.
More:
Wall Street Journal, Blockworks, Crypto Briefing, Cointelegraph, Ethereum World News, and The Block. Tweets: @macaesbruno
| Jonathan Greig / The Record: |
The CISA and the US Coast Guard Cyber Command warn companies of Log4Shell exploits in the wild, citing one incident of threat actors exfiltrating 130GB+ of data — The Cybersecurity and Infrastructure Security Agency (CISA) and the United States Coast Guard Cyber Command (CGCYBER) … | Finextra: |
Crypto trading platform Bitpanda, which has 1,000+ staff per LinkedIn and raised $263M at a $4.1B valuation in 2021, says it is cutting its headcount to ~730 — Vienna-based Bitpanda is the latest crypto player to make job cuts, informing staffers that it will axe hundreds of positions as it face up to a dramatically altered market.
More:
blog.bitpanda.com, CoinDesk, Bloomberg, The Block, and Web3 is going just great
Tweets: @lukebk and @paddi_hansen
| Lauren Feiner / CNBC: |
Zendesk agrees to be acquired by an investor group in an all-cash deal valuing the company at ~$10.2B and will go private once the deal closes; stock is up 25%+ — - Customer experience software company Zendesk agreed to be acquired by an investor group in an all-cash transaction valuing it around $10.2 billion.
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Business Wire, TechCrunch, Silicon Republic, SiliconANGLE, Channel Futures, Crunchbase News, seeking disruption, and Axios
Tweets: @julianklymochko and @chrija
| Mack DeGeurin / Gizmodo: |
Report: Twitter gave Elon Musk more user data, including real-time API information, after he complained the large historical data he received wasn't enough — The company reportedly provided Musk with a new tranche of data after his team claimed they couldn't properly run tests to discover evidence of bots.| Wall Street Journal: |
Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week — FTX gave crypto lender a $250 million credit line this week — Crypto billionaire Sam Bankman-Fried has become a lender of last resort to his beleaguered industry.
More:
PYMNTS.com, Benzinga, Decrypt, Cointelegraph, Fortune, Ethereum World News, GRIT CRYPTO, The Block, CoinDesk, and CryptoSlate
Tweets: @mayazi, @mslopatto, and @silvermanjacob
| Oliver Knight / CoinDesk: |
Axie Infinity developer Sky Mavis plans to restart its bridge and reimburse ~$216.5M in USDC and ether on June 28 to the victims of the $625M Ronin bridge hack — A total of $216.5 million in USDC and ethereum at today's prices will be returned to users. — Sky Mavis, the developer behind …
More:
Bloomberg, Finbold, Engadget, Tech in Asia, Cointelegraph, Gizmodo, CryptoSlate, CoinQuora, and Cryptonews
| Aaron Tilley / Wall Street Journal: |
Walmart says its hybrid cloud system now has 10K “edge nodes” across the US, cutting annual cloud spending by 10%-18% and lessening its reliance on cloud giants — Retailer says new hybrid system allows the company to switch between cloud providers and its servers, saving time and money| FinSMEs: |
Tapcheck, a financial wellness service that works with companies like McDonald's to let workers access their earnings before payday, raised a $20M Series A — Tapcheck, a Los Angeles, CA-based financial wellness benefit company, raised $20m in Series A funding. — The round was led by PeakSpan Capital.
More:
Business Wire and PYMNTS.com
| Zheping Huang / Bloomberg: |
How TikTok is cashing in on its exploding popularity; source: TikTok plans to grow its e-commerce gross merchandise volume to $2B in 2022 and $23B in 2023 — Alyssa McKay used to work part-time at a frozen yogurt store in Portland, Oregon, making minimum wage to cover her college tuition.
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Techdirt, Insider, and The New
Tweets: @hancocktom, @ericjackson, @zoescaman, @pelstrom, and @joshuatopolsky
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