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August 21, 2022, 10:05 AM
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| Kate Rooney / CNBC: |
Leaked financials: FTX had revenue of $1.02B in 2021, up from $89M in 2020; operating income grew from $14M to $272M; US accounted for less than 5% of revenue — - FTX saw explosive growth last year driven by its global trading business, according to audited financials seen by CNBC.
More:
The Block, CoinGape, CoinJournal, CryptoPotato, Cointelegraph, and The Verge
Tweets: @kr00ney, @larrylimoncello, @yellowlablife, @stockmktnewz, @realdannynelson, @wublockchain, and @kr00ney. Thanks:@mattrosoff
| Kalley Huang / New York Times: |
Find My and other location-sharing apps have become a staple in some young people's friendships, ostensibly for safety while blurring lines of privacy — Introduced 10 years ago, the app has slowly become a popular way to keep track of friends. But it comes with considerable privacy concerns.| Financial Times: |
SoftBank CFO says the company sold a large part of its stake in Alibaba to “instantly show” investors its finances were solid after a $23B quarterly loss — Yoshimitsu Goto says Japanese technology group wanted to ‘instantly show’ its finances were solid| Zeyi Yang / MIT Technology Review: |
An overview of electronic design automation software used for designing chips, as the US Commerce Department announces export controls on certain EDA tools — The US has moved to restrict export of EDA software. What is it, and how will the move affect China?| Wall Street Journal: |
Chinese game makers, facing slowing domestic user growth and fewer game approvals amid the regulatory crackdown, are rushing into overseas markets like the US — With fewer titles approved and domestic user growth slowing, Tencent and its competitors are looking to expansion abroad
Tweets: @rwang0
| Scott Chipolina / Financial Times: |
JPMorgan: Tether, Circle, and other stablecoin issuers now hold $80B of short-term US government debt, accounting for 2% of the Treasury bills market as of May — Ownership highlights how digital asset players are encroaching on traditional markets — Stablecoin issuers like Tether …
Tweets: @eden_holdings
| Gary Gensler / Wall Street Journal: |
SEC chair says recent market events show why it is critical for companies offering crypto lending to comply with federal securities laws to protect investors — Securities laws that protect investors continue to apply even when new technologies come along. — WSJ Opinion: Hits and Misses of the Week
Tweets: @mattysino, @mattysino, @bitfinexed, @vincemcp, and @carlosdomingo
| Ryan Naraine / SecurityWeek: |
TXOne Networks, which builds and sells tech for securing industrial IoT environments, has raised a $70M Series B led by TGVest Capital — TXOne Networks, a joint venture between cybersecurity firm Trend Micro and industrial networking solutions provider Moxa, has banked $70 million in new venture capital funding.
More:
FinSMEs, TXOne Networks, and PitchBook
| Beth DeCarbo / Wall Street Journal: |
How Georgia State University and other schools are using apps and AI chatbots to help attract students, guide them through graduation, and launch their careers — More institutions are using apps and analytics to help attract students, guide them through graduation and launch their careers
Tweets: @demetria_g
| Dustin Volz / Wall Street Journal: |
UK's ruling Conservative Party is offering its 160K members the option to vote online in a leadership election to decide the country's next prime minister — In prime-minister race, Conservative Party wants to make voting more convenient for its 160,000 eligible members; no U.S. state permits universal online voting
Tweets: @dnvolz and @dcjohnson
| James Rundle / Wall Street Journal: |
Lloyd's of London will require insurer groups in its global marketplace to exclude state-backed hacks from stand-alone cyber insurance policies starting in 2023 — By 2023, insurer groups must add clauses to cyber policies excluding state-backed hacks that severely affect target nation's infrastructure, insurance marketplace says
Tweets: @paul__armstrong and @danielkennedy74
| Casey Newton / The Verge: |
An interview with NFT project Loot creator Dom Hofmann, who says it still has ~200 developers despite the project's market cap falling from $180M+ to under $6M — Loot's Dom Hofmann on outlasting the hype cycle, public-domain video games, and why Creative Commons is the future
Tweets: @yoda, @caseynewton, @caseynewton, and @alexhern
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Zoho Books now supports CT600 & Final Accounts Filing as an add-on in the FREE plan — Managing end-of-year filing for limited companies in the UK is often expensive and multi-layered.
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.
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
Big Technology Podcast:
Meta & Microsoft's Claude Slowdown, His Agent Leaked His Banking Info, Don't Bully Your AI
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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Sources:
Qualcomm's CEO on the coming AI phone supercycle
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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The Upstarts Podcast:
Bringing Back Mammoths And Building Noah's Ark 2.0 | Colossal's Ben Lamm
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.
Subscribe to The Upstarts Podcast.
Great Chat:
The launch industrial complex
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.
Channels with Peter Kafka:
Larry Ellison's Media Ambitions & Kevin Roose on AI's Biggest Gamble
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.
Training Data:
Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
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