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February 13, 2023, 8:00 AM
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memeorandum
WeSmirchTop News
| Wall Street Journal: |
Binance says the NYDFS ordered Paxos to stop issuing more of its Binance USD stablecoin, which has 6.2M holders; Paxos will continue redemptions — Firm will continue to manage redemptions of the product — New York regulators directed a crypto company to stop issuing …
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Paxos, Bloomberg, CoinDesk, CoinDesk, CoinDesk, Finbold, Decrypt, MarketWatch, The Block, The Block, Cointelegraph, Watcher Guru, Coinpedia Fintech News, Ethereum World News, Cryptopolitan, Coinspeaker, CoinJournal, crypto.news, NewsBTC, The Daily Hodl, Cointelegraph, CoinGape, Blockworks, CryptoSlate, CryptoPotato, and Forkast
Tweets: @cz_binance, @gaborgurbacs, @cz_binance, @cz_binance, @paxosglobal, @silvermanjacob, @ctolarsson, @austin_federa, @dfauchier, @criptopaul, @dfauchier, @paxosglobal, @paxosglobal, @clara_medalie, @paxosglobal, @vegetacrypto1, @cryptoworldjosh, @kaikodata, @du09btc, @cz_binance, @whale_alert, @mdudas, @jamyies, @noelleinmadrid, @stackersatoshi, @schuldensuehner, @noelleinmadrid, @noelleinmadrid, @wublockchain, @tier10k, @du09btc, @ninjascalp, @tree_of_alpha, @ashcryptoreal, @cz_binance, @cz_binance, @jamyies, @chainlinkgod, @shvandrew, @defiignas, @wublockchain, @chainlinkgod, @lawmaster, @tranjanofficial, @cz_binance, @tree_of_alpha, @coinmamba, @emilyjnicolle, @3pointo_cap, @peckshieldalert, @ashcryptoreal, @nachotrades, @peckshieldalert, @arturo_p_a, @statelayer, @loopifyyy, @bitfinexed, @fintechfrank, @chadcaff, @emilyjnicolle, @fintechfrank, @emilyjnicolle, @emilyjnicolle, @asvanevik, and @tree_of_alpha
| Wall Street Journal: |
Sources: the SEC told Paxos the agency plans to sue the crypto firm, alleging the Paxos-issued and listed Binance USD stablecoin is an unregistered security — The agency has been intensifying its enforcement of major crypto players — The Securities and Exchange Commission …
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CoinDesk, Reuters, Cointelegraph, The Block, DL News, Bitcoinist.com, Watcher Guru, Cryptonews, Coinspeaker, Inside Bitcoins, CoinGeek, Ethereum World News, crypto.news, CoinGape, CryptoPotato, Bitcoin News, CoinJournal, and Forkast
Mastodon: @davidgerard@circumstances.run. Tweets: @wsjmarkets, @milesdeutscher, @johnreedstark, @ramahluwalia, @thulynnn, @lex_node, @smtuffy, @peckshieldalert, @adamscochran, @safetyth1rd, @adam3us, @adam3us, @jebus911, @eleanorterrett, @wublockchain, @starokg, @cz_binance, @milesdeutscher, @carnage4life, @it_airmass, @northrocklp, @byzgeneral, @illneil, @mdudas, @twobitidiot, @twobitidiot, @bambroughkevin, @cryptodefilord, and @twobitidiot
| Mark Gurman / Bloomberg: |
Inside Apple's push to build new financial services, which have suffered from engineering and technical setbacks, leading to slow progress and missed deadlines — Apple's slate of new financial services — including “buy now, pay later” offerings, savings accounts and an iPhone subscription program — have hit delays.
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AppleInsider, 9to5Mac, MacRumors, Wccftech, Tom's Guide, iPhone in Canada Blog, iPhone Hacks, BGR, Digital Trends, Pocket-lint, Neowin, Softpedia News, iThinkDifferent, Gizchina, Cult of Mac, Coinspeaker, SlashGear, 9to5Mac, AppleInsider, and PhoneArena
Tweets: @business, @vadimyuryev, @chriswelch, @paterfamilias, and @markgurman
| Tiffany Hsu / New York Times: |
How a slowing digital ad market, Apple's ATT changes, tech companies' internal turmoil, weak content moderation, and more are contributing to a junk ad epidemic — Scrolling past ads has rarely been enjoyable. But in recent months, people say the experience seems so much worse.
More:
New York Times. Tweets: @carnage4life, @btshapir, @kantrowitz, @swodinsky, @stevielark, @matthewherper, @eric_seufert, @sandeepramesh, @eric_seufert, @nytimesbusiness, @deaneckles, @samueljscott, @deaneckles, @pkafka, @annehummert, @chrisyandle, @deaneckles, @wexler, @pevans_c, @logorific2, @brianstelter, and @mattgreenfield
| Jonathan Vanian / CNBC: |
More:
Android Police, ADI Newsletter, and SlashGear
Tweets: @glenngabe, @carnage4life, @lorakolodny, @onelikeapp, @kjgillenwater, @creemer14, @mallik70, and @mattnavarra
| Kat Tenbarge / NBC News: |
Sex educators, adult stars, and sex workers complain about Instagram, saying Meta's moderation has gotten more punitive and less predictable since SESTA-FOSTA — Cherie DeVille lives in perpetual fear of losing her 3.7 million Instagram followers. — DeVille is a well-known porn star who also has an OnlyFans account.| Max Tani / Semafor: |
A look back at Spotify betting hundreds of millions of dollars on podcasts, which CFO Paul Vogel says were a “big drag on our business in 2022” — By 2021, Spotify had paid to sign some of the biggest names in podcasting, and it was ready to start squeezing its competitors.| Emma Roth / The Verge: |
Opera is testing a new ChatGPT-powered “shorten” feature in its browser's sidebar that generates bulleted summaries of the webpage or article being viewed — The feature, called “shorten,” is part of the company's broader plans to integrate AI tools into its browser, similar to what Microsoft's doing with Edge.
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Opera News, ZDNet, PCMag, CoinGape, MSPoweruser, Livemint, iPhone in Canada Blog, Engadget, Thurrott, 9to5Google, Appuals.com, Slashdot, CNBC, Tech Startups, TechRadar, Digital Trends, BGR, gHacks Technology News, and Neowin
Tweets: @opera, @sama, @chronotope, @kantrowitz, @glenngabe, @chrismessina, @tomwarren, @gdb, @pbcinc, @parkerortolani, @austinnotduncan, and @fairlight_cap
| Financial Times: |
A look at Andy Jassy's challenges running Amazon, down by $1T in market cap since he took over: cutting costs, layoffs, boosting Prime subscribers, and more — Investors joining Amazon's earning call earlier this month were greeted with a surprise guest: the group's chief executive, Andy Jassy.
Tweets: @tanarrowz, @astaniscia86, and @financialtimes
| Wall Street Journal: |
IDC: ByteDance's Pico more than tripled its share of the global VR market YoY to ~15% by Q3 2022 while Meta's share fell from 90% to ~75% in the same period — Pico, owned by ByteDance, has increased shipments of VR headsets as it attempts to compete with Meta's Quest 2 — How TikTok Could Become a U.S. Company
More:
ExchangeWire.com. Tweets: @astaniscia86, @tarun78354271, @wsj, @danharris, @wavesblog, @fbbagholder, and @hzhu_
| Andy Bounds / Financial Times: |
A look at Eindhoven, a small, low-rise Dutch city home to ASML, chipmaker NXP, and other tech companies, which was a focus as the US prepared to restrict China — Washington's efforts to block China's access to high-end technology homed in on just two places outside the US: Tokyo and Eindhoven.
Tweets: @valentinapop
| Wired: |
Publishers worry that Microsoft's and Google's search chatbots, which summarize key info from articles, may undermine their businesses and spread misinformation — Microsoft's new search interface can serve up key information from articles, removing the need to click—and potentially undermining publisher business models.| Monica Chin / The Verge: |
Razer Blade 18 review: gigantic QHD, 16:10, 240Hz display, upgradeable RAM and SSD, and lots of power, but incredibly pricey at $3,800 and mediocre battery life — It's the ultimate big-screen gaming experience for the ultimate price. … Razer has made big laptops in the past — but they apparently weren't big enough.
More:
MakeUseOf, IGN, Tom's Guide, Engadget, and Online's Substack
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