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February 13, 2023, 4:55 PM
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Wall Street Journal:
Binance says the NYDFS ordered Paxos to stop issuing its BUSD stablecoin, which has 6.2M holders; Paxos will continue redemptions until at least February 2024  —  Firm will continue to manage redemptions of the product  —  New York regulators directed a crypto company to stop issuing …
More: Paxos, Bloomberg, Reuters, CoinDesk, Forbes, CoinDesk, CoinDesk, CoinDesk, Bloomberg, Protos, CoinJournal, Cointelegraph, MarketWatch, Unchained, PYMNTS.com, CNBC, CoinGape, Ethereum World News, Bitcoin News, The Verge, Cointelegraph, NewsBTC, Gizmodo, Crowdfund Insider, Watcher Guru, CryptoPotato, Coinpedia Fintech News, crypto.news, ExchangeWire.com, CryptoSlate, Inside Bitcoins, Blockworks, Trustnodes, Fortune, Cryptopolitan, The Daily Hodl, The Block, Coinspeaker, Tech Startups, The Block, Micky, Forkast, and Cryptonews
Tweets: @cz_binance, @cz_binance, @cz_binance, @cz_binance, @cz_binance, @whale_alert, @gaborgurbacs, @asvanevik, @jeffjohnroberts, @paxosglobal, @emilyjnicolle, @fintechfrank, @tree_of_alpha, @cz_binance, @schuldensuehner, @ashcryptoreal, @smdiehl, @epro, @cz_binance, @stackersatoshi, @noelleinmadrid, @mhonkasalo, @jamyies, @wublockchain, @chainlinkgod, @cwpaulm, @shvandrew, @cryptoworldjosh, @eleanorterrett, @defiignas, @dfauchier, @mdudas, @clara_medalie, @wublockchain, @whale_alert, @paxosglobal, @adamscochran, @kaikodata, @ctolarsson, @dfauchier, @chainlinkgod, @adamscochran, @lawmaster, @tier10k, @tranjanofficial, @cz_binance, @tree_of_alpha, @coinmamba, @silvermanjacob, @emilyjnicolle, @mdudas, @3pointo_cap, @peckshieldalert, @ashcryptoreal, @nachotrades, @paxosglobal, @peckshieldalert, @0xfoobar, @du09btc, @ninjascalp, @arturo_p_a, @statelayer, @jamyies, @tree_of_alpha, @tier10k, @frances_coppola, @du09btc, @loopifyyy, @adamscochran, @noelleinmadrid, @austin_federa, @bitfinexed, @fintechfrank, @muyaoshen, @yueqi_yang, @chadcaff, @vegetacrypto1, @binance, @emilyjnicolle, @matthew_d_green, @noelleinmadrid, @satoshiflipper, @mikeburgersburg, @news_of_alpha, @nic__carter, @emilyjnicolle, @emilyjnicolle, @criptopaul, @paxosglobal, @nic__carter, 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
Ashley Capoot / CNBC:
Twilio plans to cut ~17% of its workforce, or ~1,500 jobs, after laying off ~11% in September 2022 and will form two units to spend less and be more efficient  —  - Twilio on Monday announced plans to cut about 1,500 employees, or around 17% of its workforce, according to a blog post shared on the company's website.
Shenghao Bai / Counterpoint Research:
Analysis: the iPhone 14 Pro Max 128GB's blended bill of materials cost is ~$464, up 3.7% on the iPhone 13 Pro Max, with 22%+ accounting for Apple-designed chips  —  - The blended bill of materials (BoM) cost for the iPhone 14 Pro Max with 128GB Nand flash is about $464, a 3.7% increase from that of the iPhone 13 Pro Max.
Drew Harwell / Washington Post:
A study finds 11 data brokers selling Americans' mental health information, including on antidepressants, insomnia, and attention issues, likely from app makers  —  Capitalizing on the pandemic explosion in telehealth and therapy apps that collect details of your mental health needs …
Samantha Cole / VICE:
A look at the torrent of deepfake porn harassment targeted at female creators as a Twitch streamer is caught and admits to buying deepfakes of fellow streamers  —  After Atrioc was caught buying non-consensual, pornographic deepfakes of fellow Twitch streamers, the abuse against women targeted has been endless.
Wesley Hilliard / AppleInsider:
Twitter delays its new paid API rollout by “a few more days”, claiming there is an “immense amount of enthusiasm for the upcoming changes with Twitter API”  —  Twitter continues confusing shift away from free API  —  Without just hours of advance notice before the deadline …
Dmitri Brereton / DKB Blog:
At Microsoft's demo last week, the “new Bing” incorrectly summarized Gap's Q3 2022 earnings and provided wrong info on a pet vacuum and Mexico City nightlife  —  Microsoft knowingly released a broken product for short-term hype  —  Bing AI got some answers completely wrong during their demo.
Juli Clover / MacRumors:
Apple releases macOS Ventura 13.2.1, iOS 16.3.1, and iPadOS 16.3.1 with a patch for a WebKit arbitrary code execution bug reportedly being actively exploited  —  The macOS Ventura 13.2.1, iPadOS 16.3.1, and iOS 16.3.1 updates that Apple released today include minor bug fixes …
Jamie Crawley / CoinDesk:
Bakkt plans to shut down its consumer crypto app on March 16, two years after debuting Bakkt App with partners including Starbucks, Best Buy, and Choice Hotels  —  Users will be able to manage their assets over the web after March 16.  —  Digital asset platform Bakkt (BKKT) …
Financial Times:
A look at Andy Jassy's challenges running Amazon, down by $1T in market cap since he took over in 2021: cutting staff and costs, growing Prime's value, and more  —  Investors joining Amazon's earning call earlier this month were greeted with a surprise guest: the group's chief executive, Andy Jassy.

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From Mediagazer

Benjamin Mullin / New York Times:
Paramount completes its $110B acquisition of WBD, creating Skydance and putting David Ellison in control of Hollywood studios, streamers, and cable networks

Michael Schneider / Variety:
Amazon's Prime Video acquires exclusive global rights to the Primetime Emmys under a six-year deal from 2027; sources say Prime Video will pay ~$15M per year

Brian Stelter / CNN:
The White House barred Politico from Air Force One Monday; sources: other outlets declined to take Politico's seat, leaving no primary print pooler on the trip

More News

Belle Lin / Wall Street Journal:
Uber strikes seven-year deals with Google Cloud and Oracle to host its IT infrastructure, 95%+ of which an Uber executive says is housed in its own data centers

Earlier Picks

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”
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
Benj Edwards / Ars Technica:
A Stanford student used a prompt injection attack to reveal Bing Chat's codename Sydney and its initial prompt that governs how the service interacts with users
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