| Jeffrey Dastin / Reuters: |
As anti-abortion state laws kick in, law enforcement could force tech companies to give up users' search history, geolocation, 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 … | Mark Sullivan / Fast Company: |
After SCOTUS overturned Roe v. Wade, Apple, Meta, Google, and other tech companies announce or reaffirm policies supporting employees 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 … | New York Times: |
Sources: Meta told staff not to discuss the Roe v. Wade ruling on wide-reaching internal channels, citing a company memo issued after the May draft opinion leak — Meta told its workers on Friday not to openly discuss the Supreme Court's ruling eliminating the constitutional right to an abortion … | Tracy Wang / CoinDesk: |
Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from crypto lender Celsius Network in the event of a bankruptcy filing — 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.| Tracy Wang / CoinDesk: |
Leaked investor call: BlockFi backer Morgan Creek Digital aims to raise $250M to counter FTX's BlockFi bailout, since it could wipe out BlockFi shareholders — FTX's $250 million credit facility offer - if inked as initially proposed - stood to effectively wipe out all BlockFi shareholders … | Mark Gurman / Bloomberg: |
Sources: Apple about to embark on one of the most ambitious periods of new products in its history, with the deluge coming between the fall of 2022 and H1 2023 — Apple's latest software from WWDC sets the stage for a busy fall 2022 and first half of 2023.| Christopher Mims / Wall Street Journal: |
A look at Amazon's fight with China-based sellers of generic items trying to game its algorithm to develop Marketplace brands and get the “Amazon's Choice” tag — Jeff Bezos wanted to build the ‘everything store’—and now the company is drowning in China-based sellers hawking the same items under a dizzying array of brands| Andy Maxwell / TorrentFreak: |
How Bungie identified a mass sender of fake DMCA notices to YouTube targeting Destiny content creators and Bungie's own channels, leading to its $7.65M lawsuit — In response to persons unknown sending large numbers of fake DMCA notices to YouTube while impersonating its anti-piracy partner … | Manish Singh / TechCrunch: |
India's central bank ban on loading non-bank prepaid payment instruments using credit lines has created panic among Indian fintech startups — Fintech startups in India have raised over $15 billion from high-profile foreign investors in the past two years. — For nearly all fintech startups, lending has long been the end game.| Ming-Chi Kuo / Medium: |
As Apple is expected to debut a headset in January 2023 and Meta slows VR investments, a look at opportunities for the VR supply chain and other headset makers — (1) One of the keys to the VR industry's rapid growth in the past 2-3 years is Meta sold VR headsets at a loss and aggressively promoted its VR business.| Richard Waters / Financial Times: |
Michael Saylor, whose company MicroStrategy holds bitcoin now worth ~$2.7B, says bitcoin “is still at an early stage in its development and poorly understood” — Software entrepreneur has remained calm even as crypto markets crashed — What do you do when you head the public company … | Abubakar Idris / Rest of World: |
A look at the rise of BNPL services in Nigeria as some doubt the success of local startups amid weak ID verification systems and scant consumer credit records — BNPL startups in Nigeria are gambling millions of venture dollars on solving a problem of weak ID verification and scant consumer credit records.
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