Techmeme
July 15, 2022, 7:20 PM

Top News

Kadhim Shubber / Financial Times:
In a court filing, CEO Alex Mashinsky said Celsius was owed $439M by a “private lending platform”, which sources say is specialist finance company EquitiesFirst  —  Specialist finance group owes $439mn to digital assets lender  —  A mysterious debtor to Celsius Network referenced …
Bloomberg:
Celsius' Chapter 11 filing shows that its biggest creditor, to which it owes $81.1M, is obscure fund Pharos, which has staff with links to Sam Bankman-Fried  —  Among the more than 100,000 creditors of Celsius Network Ltd., the crypto lender that filed for bankruptcy on Wednesday, one entity stands out: Pharos USD Fund SP.
Yueqi Yang / Bloomberg:
Jef Feeley / Bloomberg:
Filing: Elon Musk's lawyers say Twitter is unfairly pushing for a “warp speed” four-day trial in September and ask for a court date in February 2023 or later  —  Elon Musk's lawyers say Twitter Inc. officials are unfairly pushing for a “warp speed” trial over claims …
Jon Brodkin / Ars Technica:
FCC Chair Jessica Rosenworcel proposes a US broadband standard of 100Mbps down and 20Mbps up; the proposal requires a vote in the currently deadlocked FCC  —  Pai FCC said 25Mbps down and 3Mbps up was enough—Rosenworcel proposes 100/20Mbps.  —  Federal Communications Commission Chairwoman …
Ivan Mehta / TechCrunch:
Twitter is testing custom timelines built by developers that list content around specific themes, starting with one about The Bachelorette in the US and Canada  —  Twitter is testing a new feature that will show users custom timelines built by developers that will merge Tweets …
Dan Goodin / Ars Technica:
Chainalysis: the 30-day moving average of crypto sent to mixers hit a record $51.8M in April 2022, as funds from sanctioned and criminal groups almost doubled  —  Despite a significant Achilles' heel, mixers are seeing unprecedented demand.  —  The amount of cryptocurrency flowing …
Dana Mattioli / Wall Street Journal:
Sources: Amazon has reduced its white label product selection and considered exiting the business altogether, amid weak sales and mounting regulatory pressure  —  Executives also have discussed exiting the business entirely to address regulatory pressure  —  Amazon.com Inc. AMZN 0.21%▲ …
Christine Hall / TechCrunch:
Sydney-based Okendo, which offers e-commerce brands customer review tools, raised a $26M Series A led by Base10 Partners, bringing its total funding to $33.5M  —  No merchant likes a bad customer review and Okendo, a customer marketing platform, announced $26 million in Series A funding today …
CoinDesk:
How Voyager Digital, which generated interest on deposits by loaning crypto assets, collapsed after one of its largest borrowers Three Arrows Capital defaulted  —  In an industry where counterparties are tightly bound together by a weave of debt and leverage, dominoes can fall fast and hard.

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
App Spotlight: Grow Payments for Zoho CRM  —  App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools.  Visit Zoho Marketplace to explore all of our apps, integrations …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Access:
The AI writing app fighting AI slop
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Lenny's Podcast:
Adam Mosseri: AI is a tailwind for authenticity
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
SPVs have a brand problem
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
Meta CTO Andrew Bosworth: Our Path To Frontier AI, Renting Models, Consumer AI's Struggles
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
"We're in a Race Against Time," Joe Kahn on Running the New York Times in the Age of AI Slop
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:20 PM ET, July 15, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Brian Steinberg / Variety:
Allison Johnson / The Verge:
Andrew Tarantola / Engadget:

Earlier Picks

Michael McSweeney / The Block:
Queenie Wong / CNET:
Lucy Harley-McKeown / The Block:
Chris Welch / The Verge:
Katie Paul / Reuters: