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October 4, 2022, 6:40 AM
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memeorandum
WeSmirchTop News
| Ephrat Livni / New York Times: |
The US Treasury releases a digital assets report asking Congress for more resources to police crypto, regulate stablecoins, legislate crypto tokens, and more — The Financial Stability Oversight Council said that the growing crypto market could pose risks to the broader financial system.
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U.S. Department of the Treasury, U.S. Securities …, U.S. Department …, The Hill, U.S. Department of the Treasury, U.S. Department …, CNBC, Watcher Guru, PaymentSecurity.io, Decrypt, PYMNTS.com, Crowdfund Insider, Financial Times, Forkast, Blockworks, Cointelegraph, Reuters, Bloomberg, The Block, and CoinDesk
| Steven Musil / CNET: |
Google discontinues Google Translate in mainland China, one of the last remaining services the company provides in the country, citing “low usage” — The service was one of Google's last remaining offerings in the country. — Steven Musil — Steven Musil is the night news editor at CNET News.
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CNBC, Bloomberg, South China Morning Post, The Register, Wall Street Journal, TechCrunch, Gizmodo, Neowin, Observer, The Hill, TechSpot, Android Police, Associated Press, Slashdot, PCMag, WRAL TechWire, Livemint, and Fortune
Tweets: @morningbrew, @arjunkharpal, and @byron_wan
| Ivan Mehta / TechCrunch: |
Some YouTube users say the service is asking them to purchase a Premium subscription to watch videos in 4K, a feature that is currently free for all users — YouTube's Premium paid subscription includes benefits like ad-free viewing, video and song downloads for offline consumption, and background plays.
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The Verge, MacRumors, TechRadar, 9to5Google, Engadget, Fossbytes, SamNews 24, XDA Developers, Gizchina, BGR, Laptop Mag, MobileSyrup, Android Police, KnowTechie, Android Authority, Thurrott, Wccftech, fpt., Phandroid, Slashdot, and BGR India
Tweets: @vyyyper, @tasleekpapi, @glenngabe, @yosoyguapojr, @dez_blanchfield, and @ruthlessfocus_
| Aisha Malik / TechCrunch: |
Twitter rolls out its edit button, letting users edit five times in 30 minutes, to Blue subscribers in Canada, Australia, and New Zealand, coming soon to the US — Twitter is rolling out the ability to edit tweets to Blue subscribers in Canada, Australia and New Zealand, the social network announced on Monday.
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The Economic Times, CNET, Livemint, Android Headlines, Dexerto, iThinkDifferent, iPhone in Canada Blog, WeRSM, Appleosophy, Social Media Today, Adweek, Android Police, Engadget, KnowTechie, MobileSyrup, Digital Trends, GSMArena.com, XDA Developers, Thurrott, MacRumors, The Verge, 9to5Mac, Phandroid, Droid Life, Notebookcheck.net, and Нов …
Tweets: @twitterblue, @twittersupport, @martinsfp, @crashtestdolly, @jamespmcleod, @markgurman, @davezatz, and @artemr
| Kathryn Hardison / Wall Street Journal: |
South Korean internet giant Naver plans to acquire Poshmark for $17.90/share, representing an enterprise value of ~$1.2B; Poshmark's stock jumps 10%+ — The boards of both companies approved the transaction — Naver Corp. 035420 -1.53%▼ plans to acquire Poshmark Inc., POSH -0.64%▼ …
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Business Wire, TechCrunch, New York Times, Financial Times, Reuters, WRAL TechWire, The Economic Times, Bloomberg, CNBC, The Korea Herald, The Information, ajunews, PYMNTS.com, Axios, and Barron's Online
Tweets: @eringriffith, @skupor, @mattahertz, @poshmarkapp, and @danprimack
| Sankalp Phartiyal / Bloomberg: |
Sources: Apple's iPhone exports from India crossed $1B since April 2022 and could reach $2.5B by March 2023, up from $1.3B in the year ending March 2022 — Apple Inc.'s iPhone exports from India crossed $1 billion in the five months since April, according to people familiar with the matter …
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Livemint. Tweets: @noahpinion, @pelstrom, @israrahmedpk, @sankalp_sp, @rajeev_goi, and @muzzammilaslam3
| Catarina Moura / The Block: |
Golden, which is building a Web3 data protocol expected to fully launch in Q2 2023, raised a $40M Series B led by a16z, bringing its total funding to $60M — - Golden has raised $40 million in a series led by a16z crypto. — The Series B round included high-profile investors …
More:
Golden Blog, Cointelegraph, and CoinDesk
| Ryan Browne / CNBC: |
Mastercard announces Crypto Secure, which uses AI to help banks identify and stop transactions from fraud-prone crypto exchanges, powered by CipherTrace's tech — - Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network.
More:
The Block, Technopoly, and Silvermint
| Denny Jacob / Wall Street Journal: |
Nvidia, which had suspended shipments to Russia, plans to close its Russian offices and offer employees the option to continue their jobs in other countries — Chip maker says it can no longer operate effectively in country because of recent developments — Nvidia Corp. NVDA 3.07%▲ … | Wall Street Journal: |
Despite Elon Musk offering Iranians access to Starlink, experts say quickly building the infrastructure and evading government censorship will prove difficult — Elon Musk said the satellite-internet system was activated in the country last month — Watch: Iranians Clash With Police During Violent Wave of Protests
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Newsweek, Insider, TheStreet, The Hill, Politico, and Associated Press
Tweets: @stanphylcap, @skyylarthompson, @glcarlstrom, @davidscloud, @davidscloud, and @michaelkamon
| Kif Leswing / CNBC: |
Sensor Tower: Apple's App Store net revenue fell by around 5% in September, the steepest drop since 2015, as gaming revenue declined by 14% — - Apple's App Store revenue declined about 5% in September, according to Morgan Stanley, the steepest drop since the bank started modeling the data in 2015.| Wall Street Journal: |
Sources: talks between the US and TikTok over a national security agreement have accelerated ahead of the midterms as Republicans vow to hold hearings — Plan to secure user data is nearing conclusion, sources say, but hurdles remain and Republicans warn against concessions to video app's Chinese owner
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Social Media Today, Reclaim The Net, Insider, Billboard, Supercreator, Punchbowl News, and Techdirt
Tweets: @jchengwsj and @jchengwsj
| Nikhilesh De / CoinDesk: |
A federal court rules that the CFTC appropriately served Ooki DAO through a website help bot and forum post, in a lawsuit over violating federal trading laws — The ruling came the same day a group of crypto lawyers and developers filed to join the CFTC's case against Ooki DAO.
More:
The Block, Cointelegraph, CryptoSlate, and The Block
Tweets: @mtcoppel, @aislinnkeely, @dumbape69420, @lexpunk_army, and @nikhileshde
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