Techmeme
July 8, 2022, 1:05 PM

Top News

Washington Post:
Sources: Elon Musk's deal to buy Twitter is in serious jeopardy as his team concluded that spam account figures aren't verifiable using Twitter's data firehose  —  Talks with investors have cooled in recent weeks and Musk's camp believes it can't confirm Twitter's claims about spam accounts
Hannah Murphy / Financial Times:
Sources: Twitter CEO Parag Agrawal has become more vocal and aggressive internally; ex-executive: “Twitter is willing to go to war” to make the Musk deal happen  —  The $44bn takeover of Twitter has been punctuated by public clashes between two executives with wildly differing styles …
Salvador Rodriguez / Wall Street Journal:
Jonathan Stempel / Reuters:
A former investment manager sues Celsius for fraud, saying the crypto lender ran a Ponzi scheme by using customer deposits to rig the price of its crypto token  —  A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig …
Ian Allison / CoinDesk:
In a shareholder letter, CEO Peter Smith says Blockchain.com could lose ~$270M in loans to Three Arrows Capital, but that the exchange “remains liquid, solvent”  —  Blockchain.com “remains liquid, solvent and our customers will not be impacted,” wrote CEO Peter Smith in a letter to shareholders.
Sergiu Gatlan / BleepingComputer:
Microsoft rolls back blocking VBA macro scripts by default in Excel, PowerPoint, Access, Visio, and Word, “based on feedback” and “to make improvements”  —  While Microsoft announced earlier this year that it would block VBA macros on downloaded documents by default …
The Verge:
Rogers is experiencing a major outage, affecting internet and phone services, including 911 calls, in parts of Canada, and is “working hard to restore services”  —  Rogers confirmed the outage but has no ETA for a fix  —  Rogers has acknowledged a major outage affecting …
Immanual John Milton / Bloomberg:
Glassnode: Bitcoin blockchain activity has dropped 13% from November 2021 highs to early July 2022; balances at exchanges are down 20%+ from a January 20 peak  —  As the crypto winter deepens, only the staunchest Bitcoin investors are still holding onto their tokens — but not on the exchanges.
Andrew Mendez / TechCrunch:
SpaceX debuts Starlink Maritime, a yacht-focused satellite internet service with speeds up to 350 Mbps, priced at $5K per month and $10K for the dual terminals  —  Having conquered orbit, SpaceX's next venue seems to be the high seas, through a special yacht-focused sub-brand of its satellite internet service called Starlink Maritime.

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More News

CNBC:
Lauren Forristal / TechCrunch:

Earlier Picks

Nikhilesh De / CoinDesk:
Adi Robertson / The Verge:
Max Colchester / Wall Street Journal: