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July 26, 2022, 8:50 AM
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| Bloomberg: |
Sources: before its probe into an alleged insider trading scheme, the SEC started investigating whether Coinbase improperly let Americans trade digital assets — Coinbase Global Inc. is facing a US probe into whether it improperly let Americans trade digital assets that should have been registered … | Travis Clark / Insider: |
Kylie Jenner and Kim Kardashian post Stories sharing a petition to “Make Instagram Instagram Again” and “stop trying to be TikTok” that has 100K+ signatures — - Kylie Jenner and Kim Kardashian called on Instagram to “stop trying to be TikTok” on Monday.
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Silicon Republic, The Verge, VICE, Change.org, Bloomberg, CNBC, Mashable, Fortune, Platformer, illumitati, kimkardashian, kyliejenner, W, and Social Media Today
Tweets: @mosseri, @frankpallotta, @ashleyrcarman, @kurtwagner8, @davechensky, @seyitaylor, @cristinacriddle, @nikostratis, @bryanboy, @lessin, @taylorlorenz, @taylorlorenz, @johngary, @parismarx, @caseynewton, @brianstelter, @caseynewton, @whatstrending, @caseynewton, @tarungangwani, @caseynewton, @nbashaw, @zdroberts, @yashar, @lucas_shaw, @dangrover, @blackamazon, @t0nit0ne, @yashar, @caseynewton, @caseynewton, @dangrover, and @jeffhorwitz
| Scott Rosenberg / Axios: |
Facebook's TikTok-like redesign marks the end of a social networking era centered around friends and a move toward algorithmically sorted content from strangers — Mark last week as the end of the social networking era, which began with the rise of Friendster in 2003, shaped two decades of internet growth …
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Garbage Day, BGR, Insider, Pixel Envy, and Stock Quest
Tweets: @subiectiv, @broderick, @choire, @timfernholz, @tashamcampbell, @broderick, @superseth64, @robhorning, @cincyblog, and @scheufele
| Devin Coldewey / TechCrunch: |
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Insider. Tweets: @lmatsakis, @lmatsakis, @wbm312, @wbm312, @basicallyidowrk, @wbm312, @sarahfrier, @drewpusateri, @pkafka, @mikeisaac, @caseynewton, @wbm312, @shiraovide, and @lmatsakis
| Jeffrey Dastin / Reuters: |
Amazon plans to raise its annual Prime subscription prices across Europe by up to 43% on September 15, citing “increased inflation and operating costs” — Amazon.com Inc (AMZN.O) will raise fees for its delivery and streaming service Prime in Europe by up to 43% a year …
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The Verge, 9to5Mac, Finbold, PCMag, MacRumors, Engadget, TechCrunch, TheGamer, gHacks Technology News, Digital Trends, Mashable, and Neowin
Tweets: @jldastin, @milgramexprmnt, @eligp, and @shehanr2
| Sarah Butler / The Guardian: |
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Club386, Bloomberg, BBC, Silicon Republic, Sky News, Eurogamer.net, Broadband TV News, Bloomberg, Pocket-lint, The Times, and ChannelX
Tweets: @tomwarren and @martinslewis
| Kelcee Griffis / Bloomberg Law: |
Apple settles a patent case with Koss, which in July 2020 alleged that Apple's AirPods violate five of Koss' patents; the terms of the deal were not disclosed — Apple Inc. dodged a patent-infringement trial over its AirPods after reaching an agreement with headphone maker Koss Corp. to settle the case.
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Reuters, Engadget, The Shortcut, iThinkDifferent, Patently Apple, The Mac Observer, Cult of Mac, PCMag, MacRumors, MacDailyNews, 9to5Mac, Billboard, The United States District Court for the Western District of Texas, The United States District Court for the Western District of Texas, Benzinga, Seeking Alpha, Morningstar, and AppleInsider
Tweets: @oraclenyse, @snipetrades, @psk2329, @tendiebaron, and @ivan_bolsa
| Bloomberg: |
UK CMA's publishes its report into music streaming services, saying the market is dominated by major players but this is not “currently causing consumers harm” — The music streaming market dominated by a handful of major players is giving consumers a fair shake …
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GOV.UK, 9to5Mac, AppleInsider, Competition & Markets Authority, iMore, GOV.UK, and Express & Star
Tweets: @cmagovuk, @kevinbrennanmp, @kevinbrennanmp, @mintroyale, @ivorsacademy, and @wavesblog
| Danny Nelson / CoinDesk: |
Binance CEO Changpeng Zhao sues Bloomberg Businessweek's Hong Kong publisher for defamation, claiming a June 23 profile depicted him as running a “Ponzi scheme” — It's not the first time Zhao and Binance have sued the media. — Binance CEO Changpeng Zhao …
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Decrypt, Waivly, Coinpedia, Blockchain News, CryptoSlate, Watcher Guru, Coinspeaker, CryptoPotato, Cryptonews, Cointelegraph, Ethereum World News, Blockworks, Crypto Adventure, and Forkast
Tweets: @cz_binance, @concodanomics, @silvermanjacob, @wublockchain, @bitfinexed, and @quinnypig
| Stephen Shankland / CNET: |
Meta, Google, Microsoft, and Amazon join the NIST's push to scrap the leap second, which keeps clocks in sync with the Earth's rotation but can cause glitches — Syncing clocks with the Earth's rotation causes more problems than it's worth, according to Google, Meta, Microsoft and Amazon.
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Engineering at Meta, The Verge, Engadget, Silicon Republic, worthreading, The Register, and SiliconANGLE
Tweets: @aparanjape, @pitdesi, @pganssle, @gordypls, @quinnypig, @wmf, @wmf, @softminus, @tommoor, @schrep, @qntm, @newsyc100, @brian_henderson, @rdmond, @tech_journalism, @gartenberg, and @stshank. Thanks:@stshank
| Andrew Ackerman / Wall Street Journal: |
Sources: US House lawmakers delayed a tentative July 27 vote on a bipartisan bill to curb potential risks posed by stablecoins until at least September 2022 — Lawmakers continue to negotiate deal, but unable to complete work ahead of August break — What Happens If a Crypto Platform Goes Bankrupt?
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CoinDesk, The Block, CNBC, Finbold, Inside Bitcoins, Crypto Daily, Cointelegraph, and PYMNTS.com
| Kadhim Shubber / Financial Times: |
Lawyers in the Celsius bankruptcy are examining Tether recovering an $840M USDT loan, highlighting an uncertain area of bankruptcy law for crypto companies — Case is a major test of how US insolvency rules will apply in digital asset sector — Stablecoin issuer Tether faces scrutiny … | Liron Shapira / @liron: |
[Thread] A look at Helium, a network of 500K+ crypto mining hotspots, which raised $365M from a16z and others and generates an estimated $6.5K/month in revenue — .@Helium, often cited as one of the best examples of a Web3 use case, has received $365M of investment led by @a16z. Regular folks have also been convinced to spend $250M buying hotspot nodes, in hopes of earning passive income. The result? Helium's total revenue is $6.5k/month https://twitter.com/...
Tweets: @liron, @liron, @liron, @can, @justinhendrix, @terenceleejx, @kylesamani, @bshivarthy, @coloradotravis, @dancow, @nvk, @thestalwart, @btc_jacksparrow, @thestalwart, @thestalwart, and @liron
| Nikhil Krishnan / Out-of-Pocket: |
Amazon's purchase of One Medical is likely cheaper than unionization would be, and could be used as a tool to fight against unionization of employees — I guess I should say something? … This episode of Out-Of-Pocket is brought to you by... Nabla creates SDKs and APIs …
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Stratechery, NPR, and No saints, no charity
Tweets: @nikillinit, @theprospect, @katzish, and @drugchannels
| Reuters: |
Alibaba plans to apply for a primary Hong Kong listing while keeping its NYSE listing, taking advantage of a rule change to attract Chinese tech firms — Alibaba (9988.HK) plans to add a primary listing in Hong Kong to its New York presence, targeting investors in mainland China as it becomes … | Wataru Suzuki / Nikkei Asia: |
KPMG: VC investments in China fell to $9.1B in Q2 2022, down from $18.1B in Q1 2022, the lowest quarterly investment since Q4 2014, when $5.5B was invested — Decline in VC investments narrows gap between India and Southeast Asia — Observers in China are wondering whether a $1.2 billion fine … Sponsor Posts
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