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July 22, 2022, 8:10 PM
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memeorandum
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| Bloomberg: |
Source: FTX is in advanced talks to acquire South Korean cryptocurrency exchange Bithumb — FTX, the crypto trading platform co-founded by billionaire Sam Bankman-Fried, is in advanced talks to buy South Korea's Bithumb, a person with knowledge of the matter said.
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The Block, Decrypt, The Block, PYMNTS.com, Watcher Guru, Ethereum World News, Crypto Briefing, Bitcoinist.com, Blockworks, CryptoSlate, Fortune, Cryptonews, and Crypto Adventure
Tweets: @ki_young_ju, @epro, and @doombergt
| Cameron Thompson / CoinDesk: |
FTX plans to let customers of bankrupt crypto lender Voyager create new accounts on FTX, funded by an early distribution of a part of their bankruptcy claims — The crypto exchange will allow Voyager customers to create accounts funded by an early distribution of a part of their bankruptcy claims.
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PR Newswire, Protocol, Bloomberg, Blockworks, Reuters, Neowin, The Block, Fortune, Crypto Briefing, and Cointelegraph
Tweets: @sbf_ftx, @edzitron, and @laurashin
| Annie Palmer / CNBC: |
Twitter reports Q2 revenue down 1% YoY to $1.18B, vs. 1.32B est., a $270M net loss, down from $66M in net income a year ago, and 237.8M mDAUs, up 16.6% YoY — - Twitter reported earnings for the second quarter on Friday that missed analyst estimates on earnings, revenue and user growth.
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Twitter, New York Times, New York Times, Social Media Today, Watcher Guru, Bloomberg, New York Post, Reuters, Today in Digital Marketing, Politique Republic, CryptoPotato, Associated Press, SiliconANGLE, TechSpot, Decrypt, Financial Times, Fortune, Stock Quest, Silicon Republic, Axios, Marketing Dive, The Wrap, Engadget, Forbes, and thatMeaning
Tweets: @stokel, @carnage4life, @aparanjape, @davepell, @alistairmbarr, @mattnavarra, @carnage4life, @newley, and @ryan_browne_
| Jacob Kastrenakes / The Verge: |
Twitter says Q2 ad revenue grew 2% YoY to $1.08B and blames its revenue slide on uncertainty around Elon Musk's “pending acquisition” and ad industry problems — Musk is creating ‘uncertainty’ for advertisers — Twitter would have earned more money over the past few months if Elon Musk hadn't been in the picture.| Bloomberg: |
An interview with 3AC founders Su Zhu and Kyle Davies, who may be hiding in the UAE, on its “regrettable” collapse, leverage, Luna, risk management, and more — After five weeks in hiding, the disgraced founders of Three Arrows Capital spoke extensively about the spectacular implosion …
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PYMNTS.com, Decrypt, The Block, crypto.news, BTC Times, CoinDesk, A Scammer Darkly, Coinspeaker, CryptoPotato, Bitcoinist.com, Crypto Briefing, Bitcoin News, Blockchain Confidential, Crypto Daily, CryptoSlate, Finbold, The Weekly Update, Blockworks, Watcher Guru, Cryptonews, Cointelegraph, Ethereum World News, and Forkast
Tweets: @cryptohayes, @newley, @annairrera, @muyaoshen, @laurashin, @samrusani, @defi_dad, and @freddieraynolds
| Ashley Capoot / CNBC: |
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date — - Shares of Snap fell 39% on Friday, a day after the company reported disappointing second-quarter results. — Snap attributed its results to a challenging economy …
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Snap, Tubefilter, and Fortune
Tweets: @alex_gurevich, @alistairmbarr, @internetofshit, @jimcramer, @tanayj, @howardlindzon, @alex_gurevich, @alex_gurevich, @alex_gurevich, @alex_gurevich, @alex_gurevich, @alex_gurevich, @alex_gurevich, @levynews, @davepell, @carnage4life, @lessin, @internetofshit, @teroterotero, and @richlightshed
| Alex Kantrowitz / Big Technology: |
Google fires engineer Blake Lemoine, who believed Google's LaMDA conversational technology was sentient, citing employment and data security policy violations — Google has fired Blake Lemoine, the engineer who said he believed the company's LaMDA conversational technology was sentient.
Tweets: @kantrowitz
| Mike Allen / Axios: |
Amazon SVP of global corporate affairs Jay Carney plans to join Airbnb in September 2022 as global head of policy and communications, succeeding Chris Lehane — Jay Carney, who was White House press secretary under President Obama, will move from Amazon to Airbnb as global head of policy and communications.
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Airbnb Newsroom, The Information, Seattle Business Journal, New York Times, Associated Press, Reuters, Financial Times, CNBC, Wall Street Journal, GeekWire, Bloomberg, PYMNTS.com, The Hill, and Scope Creep 🎯
Tweets: @mikeallen, @bchesky, @swin24, @liz_jarv, and @kenklippenstein
| Todd Bishop / GeekWire: |
T-Mobile agrees to pay $350M to settle a class action lawsuit over a cyberattack in 2021 that impacted 76M+ customers and pledges $150M in security investments — T-Mobile agreed Friday to pay $350 million to settle class-action lawsuits brought over an August 2021 cyberattack … | Oversight Board: |
Meta's Oversight Board Trust says the company is giving $150M to the trust as part of ongoing financial support, after its initial $130M contribution in 2019 — Today the Oversight Board Trust announced that Meta has made a commitment that provides for ongoing financial support for the Oversight Board.
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Social Media Today, Engadget, Adweek, PetaPixel, The Hill, TechCircle, and Axios
Tweets: @oversightboard, @markham, @fboversight, @jgo4justice, @natematias, @samfbiddle, @dunstanhope, @pedroaguerr, @oliverdarcy, @accountabletech, @jason_kint, @sarthakgh, @goldman, @oversightboard, @fboversight, @charlesarthur, @fboversight, @robleathern, @natematias, @viacristiano, @samfbiddle, @nickclegg, @jaredbkeller, @shiringhaffary, @fboversight, and @edzitron
| Lawrence Abrams / BleepingComputer: |
Entrust, an ID management company used by US Treasury, DHS, and others, confirms it was breached by a ransomware gang in June which stole internal data — Digital security giant Entrust has confirmed that it suffered a cyberattack where threat actors breached their network and stole data from internal systems.| Natasha Mascarenhas / TechCrunch: |
Instacart co-founder Apoorva Mehta, who stepped down as CEO in 2021, says he'll step down as executive chairman and leave the board once the company goes public — A year ago, Instacart co-founder Apoorva Mehta left his role as chief executive of the grocery delivery unicorn and took on an executive chairman position.Sponsor Posts
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F5:
Securing AI models and agents in the enterprise — The new AI stack creates a highly dynamic attack surface, and traditional controls aren't keeping up. F5's recent acquisition will bring advanced AI guardrails to enterprise apps.
Securing AI models and agents in the enterprise — The new AI stack creates a highly dynamic attack surface, and traditional controls aren't keeping up. F5's recent acquisition will bring advanced AI guardrails to enterprise apps.
Zoho:
The next big growth move is building a marketplace — This is a guest post by Webkul.If you're running a business on Zoho Commerce, you already have a powerful platform. It's perfect for managing your products …
The next big growth move is building a marketplace — This is a guest post by Webkul.If you're running a business on Zoho Commerce, you already have a powerful platform. It's perfect for managing your products …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Decoder with Nilay Patel:
How chatbots — and their makers — are enabling AI psychosis
A show from the Verge about big ideas - and other problems.
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Lenny's Podcast:
Why experts writing AI evals is creating the fastest-growing companies in history | Brendan Foody (CEO of Mercor)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Channels with Peter Kafka:
I tried Zuckerberg's $800 Ray-Bans. Are they the future? With Alex Heath
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.
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Big Technology Podcast:
Are 95% of Businesses Really Getting No Return on AI Investment? — With Aaron Levie
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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The Social Radars:
Founder Mode: Christina Cacioppo, Founder & CEO, Vanta
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
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