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July 26, 2022, 2:25 AM
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memeorandum
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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 …
More:
The Block, The Economic Times, Blockworks, Reuters, CoinGeek, CoinDesk, CoinGape, and Coinspeaker
Tweets: @allyversprille, @carnage4life, and @bitfinexed
| 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, Cult of Mac, PCMag, The Mac Observer, Patently Apple, MacDailyNews, MacRumors, 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, @tendiebaron, @psk2329, and @ivan_bolsa
| Cameron Thompson / CoinDesk: |
Titanium Blockchain Infrastructure Services CEO Michael Stollery pleads guilty to raising $21M through a fraudulent initial coin offering between 2017 and 2018 — Michael Stollery admitted to carrying out a fraudulent initial coin offering in 2018. — Michael Stollery …
More:
U.S. Department of Justice, PYMNTS.com, Decrypt, and The Hill
| 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.
More:
Engineering at Meta and SiliconANGLE
Tweets: @pitdesi, @newsyc100, @pganssle, @tech_journalism, @stshank, @schrep, @gordypls, @brian_henderson, @quinnypig, @softminus, @gartenberg, @rdmond, @qntm, @wmf, @wmf, and @tommoor. Thanks:@stshank
| 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 … | Joseph Cox / VICE: |
Internal docs from 2017 show Roblox's plan for expanding into China: censorship compliance, expecting to be hacked and copied by partners like Tencent, and more — Filtering games. Blocking maps with Taiwan. Handling “historical facts.” Roblox was prepared to go all in on Chinese censorship …
More:
Slashdot, Game Developer, Engadget, and Eurogamer.net
| 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 … | Devin Coldewey / TechCrunch: |
Instagram's new TikTok-inspired UI, which has rolled out to some users, lifts some dark patterns from TikTok, like no longer letting users quickly mute videos — I, of all people, got a fresh new user interface in Instagram the other day. Although the company has not rolled it out to all users yet …
Tweets: @lmatsakis, @lmatsakis, @wbm312, @wbm312, @basicallyidowrk, @wbm312, @shiraovide, @sarahfrier, @drewpusateri, @lmatsakis, @pkafka, @mikeisaac, @caseynewton, and @wbm312
| Edward White / Financial Times: |
Report: Chinese authorities have detained Zhao Weiguo, former chairman and major shareholder of the heavily indebted state-backed chipmaker Tsinghua Unigroup — Former Xinjiang shepherd Zhao Weiguo is latest aggressive dealmaker to fall foul of Xi Jinping's government
Source:
Caixin Global
| Aisha Malik / TechCrunch: |
Meta launches Music Revenue Sharing to let US creators include licensed music in their 60+ second Facebook videos and earn a 20% share of in-stream ad revenue — Meta announced today that creators on Facebook can now earn money through their Facebook videos that use licensed music.
More:
Facebook, Meta, Wall Street Journal, The Verge, Axios, Ad Age, Music Week, Bloomberg, Digital Trends, Neowin, and Adweek
Tweets: @mikeisaac, @sammyandrews, @borrowed_ideas, @gp_frederico, @taychikeng, @fbbagholder, @fbbagholder, and @metanewsroom
| 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?
More:
Cointelegraph and PYMNTS.com
| Suzanne Smalley / CyberScoop: |
Congress plans to vote on a bill to ban firms that sell spyware from working with the US government; experts say the surveillance market will be hard to curtail — Congress is waking up to the growing threat of foreign spyware on the heels of several high-profile episodes involving … | Taylor Lorenz / Washington Post: |
Creators are forming groups on chat apps like Discord, Geneva, and Telegram, which they say offer a more intimate, community experience than social networks — Influencers are setting up groups on chat apps, like Geneva, Discord and Telegram, which they say offer a more intimate …
Tweets: @lauraewilson, @chrismessina, @caspertk, @caseyjohnston, @bostonjoan, @goldman, @jspector, @dvassallo, @lizperle, @brooke, and @karaswisher
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| Yueqi Yang / Bloomberg: |