| Mark Kleinman / Sky News: |
Source: a British Virgin Islands court ordered the liquidation of Singapore-based Three Arrows Capital on June 27; Teneo Restructuring will handle the process — A court in the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital, underlining … | Steven Ehrlich / Forbes: |
After providing $750M in credit lines, Sam Bankman-Fried says some crypto companies are “too far gone” to save, “bearish views on Tether are wrong”, and more — After throwing lifelines to troubled digital currency platforms BlockFi and Voyager Digital, Sam Bankman-Fried … | Evelyn Cheng / CNBC: |
FCC's Brendan Carr writes to Apple and Google demanding they remove TikTok from app stores over China-related security concerns or provide statements by July 8 — - Brendan Carr, one of the FCC's commissioners, shared Tuesday via Twitter a letter to Apple CEO Tim Cook and Alphabet CEO Sundar Pichai … | Michael Bellusci / CoinDesk: |
CoinFlex CEO Mark Lamb says crypto investor Roger Ver owes CoinFlex $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty — The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.| Bloomberg: |
| Bloomberg: |
Sources: Tesla lays off ~200 Autopilot workers, most of them hourly and focused on labeling data, and closes its San Mateo office, as part of broader reductions — Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter.| Josh Smith / Reuters: |
Experts say the crypto crash has wiped out millions of dollars stolen by North Korean hackers, threatening a key source of funding for its weapons programs — The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say … | Raymond Wong / Input: |
Carl Pei says Nothing phone (1) will use the mid-range Snapdragon 778G+, not the high-end 8 Gen 1, citing a need to balance cost, power usage, and performance — By the time Nothing's July 12 launch event for the Phone (1) comes around, there won't be much (if anything) left to announce for the transparent Android smartphone.| Alex Heath / The Verge: |
Snap will begin rolling out Snapchat+ this week, offering exclusive and early access features for $3.99 per month — No, it doesn't let you turn off ads — Starting this week, Snap will begin offering an optional subscription called Snapchat Plus that unlocks exclusive and early access features.| Stephen Alpher / CoinDesk: |
MicroStrategy purchased 480 bitcoin at an average of $20,817 each from May 3 to June 28, bringing its total holding to ~130K acquired for $3.98B or $30,664 each — The company disclosed the acquisition of another 480 bitcoins, bringing total holdings to 129,699 coins.| Annie Armstrong / Artnet News: |
As crypto plummets, Paris Hilton, Jimmy Fallon, Serena Williams, Reese Witherspoon, and other celebrities have quietly changed their NFT profile pictures — Jimmy Fallon, Shonda Rhimes, Travis Barker, and Meek Mill are among the celebrities who have abandoned their NFT avatars.| Jonathan Stempel / Reuters: |
A federal judge rules former Uber CSO Joe Sullivan must face wire fraud charges over his alleged role in covering up a 2016 hack that exposed data on 57 million — (Reuters) - A federal judge on Tuesday said a former Uber Technologies Inc security chief must face wire fraud charges … | Wall Street Journal: |
Internal Celsius documents from 2021 show the crypto lender issued large loans backed by little collateral while pitching itself as less risky than banks — The lender had little cushion in the event of a downturn or mass withdrawals, investor documents show| Jay Peters / The Verge: |
Meta tests Discord-like changes in Facebook Groups, adding a channels list in a left-aligned sidebar that can include audio rooms, text chats, and feeds — New Groups changes seem inspired directly by Discord — Facebook Groups are about to get some big changes, and if you've used Discord … | Andrew Tarantola / Engadget: |
NOAA triples its weather modeling capabilities with two supercomputers built by General Dynamics at a cost of $505M, each operating at a speed of 12.1 petaflops — Last year, hurricanes hammered the Southern and Eastern US coasts at the cost of more than 160 lives and $70 billion in damages.| Megha Paul / Tech.eu: |
UK-based Cleo, which offers an AI-powered financial assistance app aimed at Gen Z users, raised an $80M Series C led by Sofina — The British company, which has a US-first growth strategy, will utilise the funding to continue its growth in the U.S., including a significant increase in employee headcount| David Yaffe-Bellany / New York Times: |
Forbes estimates the top 16 crypto billionaires lost $59B+ between March and June, led by Binance's CZ, as retail investors suffer heavy losses amid the rout — No cryptocurrency investor has been spared the pain of plunging prices. But the fallout from more than $700 billion in losses is far from even.| Patrick McGee / Financial Times: |
Some VR developers express frustrations with Meta's Quest Store fees, set at 30% for purchases and 15%-30% for subscriptions, given Meta's criticism of Apple — Facebook parent faces backlash from developers and accusations of ‘hypocrisy’ over virtual reality store terms| Iain Martin / Forbes: |
A look at NGL, an app that lets Instagram users send anonymous DMs, and its content moderation challenges; Data.ai: NGL has 1.75M downloads since November 2021 — A new app that allows Instagram users to send anonymous messages is soaring in popularity - and renewing concerns about cyberbullying … | Ingrid Lunden / TechCrunch: |
London-based Entrepreneur First, which invests in nascent startups, connects co-founders, and offers support, has raised a $158M Series C at a ~$560M valuation — Entrepreneur First made a name for itself a decade ago in its home base of London, and then further afield … | Bloomberg: |
A profile of ADT, which is helping sell and install Nest smart home products, as it prepares to unveil its own smart home security software and hardware in 2023 — Kneeling beneath a framed print of Thomas Kinkade's painting A Peaceful Retreat, Roli Chiu, alarm system installer … | Sarah E. Needleman / Wall Street Journal: |
Pinterest CEO Ben Silbermann is stepping down and transitioning to executive chairman, to be replaced by Google's president of commerce Bill Ready — The social-media company says Ben Silbermann will transition to executive chairman after leading the company since its founding in 2010| Brendan Murray / Bloomberg: |
Experts express concerns over hackers commandeering ship controls, including automated steering and propulsion systems, despite some efforts to rectify issues — In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the US Coast Guard.
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| Conor Hale / Fierce Biotech: |
| Katie Jennings / Forbes: |
| Abner Li / 9to5Google: |
| Shannon Liao / Washington Post: |
| Hadlee Simons / Android Authority: |
| James Vincent / The Verge: |