| Kate Rooney / CNBC: |
Sources: FTX is close to finalizing a term sheet to buy BlockFi for ~$25M and a deal could be signed by July 1; PitchBook: BlockFi was valued at $4.8B in 2021 — - Crypto exchange FTX is close to finalizing a term sheet to buy BlockFi and a deal is expected to be signed by the end of this week … | Dan Milmo / The Guardian: |
EU agrees on new crypto rules, including measures guarding against market abuse and requiring crypto firms to disclose environmental impact of their assets — MiCA law contains measures to guard against market abuse and manipulation — The EU has moved to rein in the “wild west” … | Reuters: |
Google settles a lawsuit by agreeing in part to pay $90M in a fund to support US app developers who made $2M or less in annual Play Store revenue from 2016-2021 — Alphabet Inc's (GOOGL.O) Google has agreed to pay $90 million to settle a legal fight with app developers over the money … | Katie Paul / Reuters: |
Internal memo: Meta Chief Product Officer Chris Cox expects “slower growth” in H2 2022 and “teams should not expect vast influxes of new engineers and budgets” — (Reuters) - Facebook-owner Meta Platforms Inc is bracing for a leaner second half of the year … | TechCrunch: |
Meta rolls out NFT support on Facebook, letting select US creators display NFTs under a new tab on their profiles, after adding support to Instagram in May 2022 — After debuting NFT support on Instagram in May, Meta has launched digital collectibles support on Facebook with select creators.| Sergiu Gatlan / BleepingComputer: |
Kaspersky researchers discovered malware used in the wild since March 2021 to backdoor Microsoft Exchange servers of government and military orgs worldwide — Attackers used a newly discovered malware to backdoor Microsoft Exchange servers belonging to government and military organizations from Europe … | Michael Sheetz / CNBC: |
The FCC authorizes SpaceX to provide Starlink satellite internet to vehicles in motion, including commercial airlines, shipping vessels, and trucks — - The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion, a key step for Elon Musk's company to further expand the service.| Jonathan Stempel / Reuters: |
Gene Levoff, a former lawyer at Apple, pleads guilty to insider trading; he allegedly traded ahead of quarterly earnings from 2011 to 2016 and was fired in 2018 — The former top corporate lawyer at Apple Inc (AAPL.O) pleaded guilty on Thursday to insider trading charges … | Mitchell Clark / The Verge: |
Raspberry Pi announces the Pico W, a $6 microcontroller equipped with an 802.11n Wi-Fi radio, powered by an Infineon CYW43439 chip with Bluetooth disabled — It's the Pico, but it knows about the network — Raspberry Pi has introduced a successor to last year's Pico … | Che Pan / South China Morning Post: |
Over 10 Chinese entities establish open-source code community, “openKylin”, to develop a homegrown desktop OS amid efforts to cut reliance on Windows and macOS — The city has matured considerably despite being new to governing itself following the handover in 1997.| Aisha Malik / TechCrunch: |
Meta says Instagram is testing a change that turns video posts into Reels with select users, as part of efforts to “simplify and improve the video experience” — Instagram is testing a change that turns video posts into Reels, the company confirmed to TechCrunch.| Jon Porter / The Verge: |
Google updates its built-in password manager for Chrome and Android with the option to manually add passwords across all platforms, a unified design, and more — A ‘simplified and unified management experience’ is also on the way — Google is updating its built-in password manager …
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Danny Nelson / CoinDesk: |
| Yueqi Yang / Bloomberg: |
| Taylor Hatmaker / TechCrunch: |
| Joanna Ossinger / Bloomberg: |
| Rita Liao / TechCrunch: |