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July 1, 2022, 3:10 PM
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| Dan Milmo / The Guardian: |
The EU agrees on new crypto rules, including measures guarding against market abuse and requiring crypto firms to disclose environmental impacts of their assets — MiCA law contains measures to guard against market abuse and manipulation — The EU has moved to rein in the “wild west” …
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European Parliament, Council of the EU, Protocol, TechCrunch, Reuters, CoinDesk, Finextra, CNBC, Wall Street Journal, Gizmodo, CoinGape, Fortune, eppgroup.eu, Cointelegraph, Blockworks, DeFi Education Fund's …, Financial Times, Engadget, Cryptonews, Cryptopolitan, Reuters, Bitcoin News, TechCircle, Forkast, Curated Coins, Reuters, Crowdfund Insider, and Slashdot
Tweets: @ernesturtasun, @nischalshetty, @eppgroup, @functi0nzer0, @smdiehl, @peterzeihan, and @ashish343
| Dan Primack / Axios: |
BlockFi says it agreed to an option to be acquired by FTX for up to $240M; the deal also includes a $400M revolving credit facility from FTX — Troubled crypto lender BlockFi said Friday that it agreed to an option to be acquired by FTX for up to $240 million.
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The Block, CoinDesk, Blockworks, TechCrunch, Bloomberg, Decrypt, Crunchbase News, Fortune, Forbes, Crypto Briefing, Bitcoin Magazine, ZyCrypto, Crowdfund Insider, Protocol, and CNBC
Tweets: @blockfizac, @blockfizac, @pitdesi, @tomaxwell, @pt, @krugermacro, @stephanlivera, @haseeb, @northrocklp, @forexlive, @brett_ftx, @tomaxwell, @twobitidiot, @coindesk, @tomaxwell, @danprimack, @danprimack, @tomaxwell, @ryanlawler, and @benhuh
| Wall Street Journal: |
Sources: Klarna is nearing a deal to raise ~$650M mostly from existing investors led by Sequoia Capital at a ~$6.5B valuation, down from $45.6B in June 2021 — The deal would be a huge comedown for the company, which investors valued at $45.6 billion in 2021
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Protocol, TechCrunch, and Slashdot
Tweets: @carnage4life, @stevekovach, @kr00ney, and @nope_its_lily
| Reuters: |
Google settles a lawsuit by agreeing in part to put $90M in a fund for US app developers who made $2M or less in annual Play Store revenue from 2016 to 2021 — Alphabet Inc's (GOOGL.O) Google has agreed to pay $90 million to settle a legal fight with app developers over the money … | Michael Sheetz / CNBC: |
The FCC authorizes SpaceX to provide Starlink satellite internet to vehicles in motion, including commercial airlines, shipping vessels, semitrucks, and RVs — - The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion …
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Federal Communications …, CNN, Ars Technica, SiliconANGLE, Gizmodo, Telecoms Tech News, The Verge, TNW, Fossbytes, Silicon Republic, Reuters, Insider, Mashable, Wall Street Journal, Shacknews, ZDNet, Bloomberg, Slashdot, and PCMag
Tweets: @thesheetztweetz, @ldrogen, @owensparks_, and @thesheetztweetz
| Chance Miller / 9to5Mac: |
Biden to award a posthumous Medal of Freedom to Steve Jobs for changing the way the world communicates and transforming the computer, music, and film industries — The Biden Administration has announced the recipients of the Presidential Medal of Freedom for this year.
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The White House, AppleInsider, San Francisco Chronicle, Appleosophy, PCMag, Tom's Hardware, The Verge, CNET, TechCrunch, MacRumors, Wccftech, CNBC, iDownloadBlog.com, Cult of Mac, iClarified, and Bloomberg
Tweets: @masonpelt, @rfreling, @harrymccracken, @gaberivera, @stevekovach, @petersagal, @grahamstarr, and @nkulw
| Sergiu Gatlan / BleepingComputer: |
Kaspersky researchers found malware used in the wild since at least March 2021 to backdoor Microsoft Exchange servers of government and military organizations — Attackers used a newly discovered malware to backdoor Microsoft Exchange servers belonging to government and military organizations from Europe …
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kaspersky.com, OnMSFT.com, Ars Technica, Petri IT Knowledgebase, TechSpot, Tech Monitor, Silicon Republic, The Hacker News, Securelist, and Dark Reading. Tweets: @campuscodi
| New York Times: |
Netflix executives say they don't plan to change programming; two bank analysts say a cheaper ad-supported tier could cannibalize the higher-paying subscribers — Long Hollywood's leading innovator, the streaming service is staying the course, despite serious challenges to its business and questions about its content.
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Bloomberg, iPhone in Canada Blog, and The Streamable
Tweets: @benmullin, @benmullin, @brooksbarnesnyt, @michellemanafy, @richlightshed, and @kennethturan
| Che Pan / South China Morning Post: |
Over 10 Chinese entities establish openKylin, an open-source code community to develop a homegrown desktop OS and reduce China's reliance on Windows and macOS — The city has matured considerably despite being new to governing itself following the handover in 1997.
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Beyond Search
| Natasha Lomas / TechCrunch: |
The European Commission says Amazon agreed to drop “dark patterns” from the process required to unsubscribe from its Prime membership across its sites in the EU — Amazon has agreed to simplify the process required for cancelling its Prime membership subscription service across … | Craig Silverman / ProPublica: |
Google gave user data to Russian ad company RuTarget, including potentially sensitive info about users in Ukraine, four months after the US sanctioned RuTarget — The internet giant may have provided Sberbank-owned RuTarget with unique mobile phone IDs, IP addresses, location information … | Jonathan Stempel / Reuters: |
Former Apple lawyer Gene Levoff pleads guilty to insider trading; Levoff allegedly traded before 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, for what prosecutors called …
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U.S. Department of Justice, HotHardware, Gizmodo, The Mac Observer, Wall Street Journal, 9to5Mac, Bloomberg, Protocol, Insider, Dow Jones Newswires, Tech Times, Financial Times, Investing.com, and MacDailyNews
Tweets: @casuallaw, @tonyromm, @tw_seal, and @melinanders
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