| James Vincent / The Verge: |
A trio of artists sue Stability AI, Midjourney, and DeviantArt over AI art copyright; a firm suing Microsoft, GitHub, and OpenAI over Copilot filed the lawsuit — A trio of artists have launched a lawsuit against Stability AI and Midjourney, creators of AI art generators Stable Diffusion and Midjourney … | The Block: |
Pitch decks: Three Arrows Capital founders Su Zhu and Kyle Davies are hoping to raise $25M to start crypto exchange GTX, partnering with two CoinFlex executives — - Su Zhu and Kyle Davies, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC), are hoping to raise $25 million … | Reuters: |
Chinese ride-hailing giant Didi says regulators have lifted a ban on new user registrations, signaling an end to a longrunning regulatory crackdown — China's ride hailing giant Didi Global said in a statement on Monday that it would be allowed to resume new user registration, after a more than year-long ban that curbed its growth.| Abhishek Vishnoi / Bloomberg: |
Tencent's Hong Kong stock has risen around 95% since October 28 and Alibaba's stock is up about 85% over a similar period, as China relaxes its tech crackdown — Shares of Tencent Holdings Ltd. have nearly doubled from their recent lows on growing signs that China is preparing to end … | Qianer Liu / Financial Times: |
Investigation: Alibaba paid Chinese scholars to lobby authorities to relax regulations and rehabilitate its reputation, hoping to navigate China's clampdown — Alibaba has been paying academics to lobby Chinese authorities to relax regulations and rehabilitate its reputation … | Craig Hockenberry / furbo.org: |
| Ezra Reguerra / Cointelegraph: |
After North Korea's Lazarus Group moved ~41K ETH, worth ~$63.5M, stolen from the Harmony bridge hack, Binance and Huobi freeze 124 BTC linked to the hackers — In a recent tweet, on-chain crypto detective ZachXBT said that the hackers have been moving $64 million in the last weekend. — 75 Total views| Foo Yun Chee / Reuters: |
Sources: the European Commission is preparing a statement of objections to Microsoft's $69B Activision Blizzard deal, set to be released in the coming weeks — Microsoft (MSFT.O) is likely to receive an EU antitrust warning about its $69 billion bid for “Call of Duty” maker Activision Blizzard … | Wall Street Journal: |
Sources: seeking to win US allies, TikTok has proposed a complex, $1.5B plan to reorganize its US operations, including oversight of its key algorithms — Chinese-owned app proposes giving U.S. officials oversight of its algorithms — Two years into negotiations with U.S. regulators … | Shaurya Malwa / CoinDesk: |
Shiba Inu developers plan to launch Shibarium, an Ethereum Layer 2 network, in the coming weeks, focusing on the metaverse and gaming applications — Ecosystem tokens shiba inu, leash and bone will serve as the the upcoming Ethereum-based blockchain. — Upcoming layer 2 network Shibarium … | Forbes: |
A look at Deltec, an obscure Bahamian bank that got a $50M loan from an FTX-tied entity in October 2021, and chairman Jean Chalopin, who has ties to FTX leaders — The loan was among several deals struck with Jean Chalopin, the head of Deltec and Moonstone banks — and co-creator of Inspector Gadget … | Bloomberg: |
Experts raise concerns about Germany's plan to heat homes with heat expelled by data centers as the warm air isn't hot enough for most district heating networks — Germany wants to force its power-hungry data centers to harness excess heat for warming residential homes — an effort which the industry warns is likely to fall flat.
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| Ben Jiang / South China Morning Post: |