Techmeme
July 7, 2022, 9:10 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
Adi Robertson / The Verge:
Meta plans to stop requiring Facebook IDs to log into Quest devices starting in August 2022 and will roll out “Meta accounts” for new and existing Quest users  —  They'll require a Meta account instead  —  Meta is introducing a new account system for its virtual reality headsets …
Immanual John Milton / Bloomberg:
Glassnode: bitcoin blockchain activity has dropped 13% from November 2021 to 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.
Tom Warren / The Verge:
Twitter starts testing a CoTweets feature that lets two accounts co-author a tweet, with both accounts tagged in a single tweet, an idea it explored in March  —  Twitter says it's testing CoTweets for a limited time  —  Twitter has started testing a new CoTweets feature this week with users of the social network.
Ivan Mehta / TechCrunch:
Reddit launches an NFT-based avatar marketplace with 90 profile pictures available for purchase at a fixed price, expanding on support for Ethereum-based NFTs  —  Reddit is launching a new NFT-based avatar marketplace today that allows you to purchase blockchain-based profile pictures for a fixed rate.
CNBC:
GameStop fires CFO Mike Recupero and is laying off staff across departments; a source says chairman Ryan Cohen pushed out Recupero  —  - GameStop has fired its Chief Financial Officer, Mike Recupero.  — It's making staff cuts across departments as part of an effort to turn around the videogame retailer.
Sergiu Gatlan / BleepingComputer:
In a joint advisory, the FBI, CISA, and the US Treasury Department warn North Korea-backed hackers are using Maui ransomware to attack healthcare organizations  —  The FBI, CISA, and the U.S. Treasury Department issued today a joint advisory warning of North-Korean-backed threat actors using Maui ransomware …
Benjamin Pimentel / Protocol:
Binance.US names ex-Acorns CFO and COO Jasmine Lee as its CFO, as the company prepares for an IPO in the next two to three years  —  Binance.US has named a new CFO, sending a strong signal that the crypto company is gearing up to go public.  Jasmine Lee, who previously served as CFO …
Kyle Wiggers / TechCrunch:
Traba, a jobs board for workers to find shifts at fulfillment centers and event venues, has raised a $20M Series A led by Khosla at a $120M post-money valuation  —  Traba, a jobs board designed to help entry-level workers find available shifts at fulfillment centers and event venues …
Andrew Mendez / TechCrunch:
SpaceX debuts Starlink Maritime, a yacht-focused satellite internet service with speeds up to 350 Mbps, for $5K/month and a $10K one-time hardware fee  —  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.
Max Colchester / Wall Street Journal:
The FBI and MI5 issue a rare joint statement warning tech companies of China's large-scale state-sponsored hacking and a global network of agents to steal IP  —  Officials say Beijing employs large-scale hacking and global network of agents to steal Western technology; U.S. also warns about efforts to influence policy-making

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Featured Podcasts

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Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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Earlier Picks

Cheyenne Ligon / CoinDesk:
Bloomberg:
Joe Rossignol / MacRumors: