Techmeme
July 8, 2022, 11:05 AM

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
Salvador Rodriguez / Wall Street Journal:
Twitter lays off 30% of its talent acquisition team, or fewer than 100 people, as the company faces increasing business pressures and Musk's potential takeover  —  Company faces increasing business pressures and potential takeover from Elon Musk  —  Twitter Inc. TWTR 1.52%▲ …
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 …
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 …
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.
CNBC:
GameStop fires CFO Mike Recupero, who joined about a year ago, 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 …
Nikhilesh De / CoinDesk:
The US Treasury Department publishes an international crypto regulation framework, the first publication coming from Biden's executive order on digital assets  —  The document is the first publication to result from U.S. President Joe Biden's executive order on digital assets.
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.

Sponsor Posts

Command Line:
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Will Reed:
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Featured Podcasts

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Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Cheeky Pint:
Why Sam Altman is against a single superintelligence
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Sources:
Tobi Lütke on the AI agent revolution and future of Shopify
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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More News

Lauren Forristal / TechCrunch:

Earlier Picks

Dan Milmo / The Guardian:
New York Times:
Adi Robertson / The Verge:
Ivan Mehta / TechCrunch:
Max Colchester / Wall Street Journal:
Cheyenne Ligon / CoinDesk: