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March 27, 2023, 11:40 AM
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| Daniel Taub / Bloomberg: |
First Citizens agrees to buy the commercial banking business of Silicon Valley Bank from the FDIC including all deposits and loans — First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.
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FDIC, TechCrunch, Associated Press, Gizmodo, Axios, Associated Press, Watcher Guru, News Release Archive, Reuters, Cointelegraph, CNBC, Ethereum World News, New York Times, Financial Times, Cryptopolitan, Washington Post, WRAL TechWire, ExchangeWire.com, CoinDesk, GeekWire, Bitcoinist.com, Coinspeaker, The Information, and The Verge
Tweets:
@fdicgov, @business, @om, @washingtonpost, @danprimack, @b6nbrown, @pitdesi, @ddayen, @matthewstoller, @mcbyrne, @bloombergtv, @axios, @firstcitizens, @nmasc_, @collins_belton, and @wideofthepost
| New York Times: |
Filing: some Twitter source code was leaked by user “FreeSpeechEnthusiast” on GitHub, which removed the code to comply with Twitter's DMCA notice on March 24 — The leak adds to the challenges facing the Elon Musk-owned company, which is trying to unmask the person responsible and any other people who downloaded the code.
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GitHub, Washington Post, San Francisco Business Journal, CNBC, The Hill, CSO, CNN, Gizmodo, PCMag, TorrentFreak, The Guardian, BBC, Associated Press, Metacurity, 9to5Mac, The Register, Engadget, Variety, BGR, Tech.co, Bloomberg, TechCrunch, Financial Times, Fortune, Tech Startups, Watcher Guru, Newser, gHacks Technology News, Quartz, TechCircle, Digital Trends, Neowin, New York Post, The Verge, SecurityWeek, TechCabal, Telegraph, Reuters, Social Media Today, TechRadar, WRAL TechWire, Techlusive, SlashGear, MarketWatch, CoinGape, DataBreaches.net, and Deadline
Mastodon:
@couts@mastodon.social. Tweets:
@kateconger, @rmac18, @keithboykin, @penamerica, @zoeschiffer, @joshchafetz, @cubicleapril, @carnage4life, @karaswisher, @rmac18, @peterjukes, @gergelyorosz, @goldman, @danielraffel, @cmclymer, @rvawonk, @peterjukes, and @jeffmacishere
| Alex Hern / The Guardian: |
Nvidia CTO Michael Kagan says crypto does not “bring anything useful for society” and other processing power uses like AI are more worthwhile than crypto mining — Tech chief says the development of chatbots is a more worthwhile use of processing power than crypto mining
More:
Tom's Hardware, GameSpot, CryptoSlate, PC Gamer, TechSpot, Cryptonews, Wccftech, TweakTown, Dexerto, TechPowerUp, VideoCardz.com, Notebookcheck.net, Cryptopolitan, crypto.news, and CryptoGlobe
Tweets:
@_danilo, @carnage4life, @jgarzik, @hkanji, and @investroiss
| Sarah Zheng / Bloomberg: |
Kaspersky: some versions of Pinduoduo, suspended by Google from its app store, exploited Android vulnerabilities to install backdoors and gain user data access — Security researchers at Moscow-based Kaspersky Lab have identified and outlined potential malware in versions …
More:
Ars Technica, Candid.Technology, and Slashdot
| Bloomberg: |
The US Commodity Futures Trading Commission sues Binance and its CEO CZ for allegedly breaking trading and derivatives rules — Binance Holdings Ltd., the world's largest cryptocurrency exchange, and Chief Executive Officer Changpeng Zhao, were sued by the US Commodity Futures Trading Commission …
More:
CoinDesk, CFTC, TechCrunch, CNBC, Reuters, Watcher Guru, and Cointelegraph
| Larry DiTore / The Block: |
Filing: MicroStrategy bought 6,455 BTC for ~$150M from February 16 to March 23 at an average price of $23,238; the company now holds ~$4.14B worth of BTC — - MicroStrategy now has a little more than $4 billion worth of bitcoin in its corporate coffers. — MicroStrategy scooped …
More:
Bloomberg, Blockworks, Decrypt, Watcher Guru, Coinspeaker, Bitcoin News, Ethereum World News, Cryptopolitan, CoinJournal, CryptoSlate, Cointelegraph, CryptoPotato, and Forkast
Tweets:
@saylor, @mattzeitlin, and @coinmamba
| Matt Burgess / Wired: |
Porn creators in Germany face fines and imprisonment as regulators use AI to spot porn not protected by age verification tech on social media and messaging apps — Regulators are using an AI system to scan websites and messaging apps to find pornography. Creators face fines and potential prison sentences.
Tweets:
@mikestabile and @gadgetlab
| Richard Milne / Financial Times: |
Ammo maker Nammo says its growth is hit by a TikTok data center using all spare electricity, as energy demand from data centers and others grows in the Nordics — Norwegian group Nammo blames ‘storage of cat videos’ for threatening its growth as data centre corners spare electricity
More:
Insider and TechSpot
Tweets:
@emmavj, @maxseddon, @klonkitchen, @oajonsson, @emilygorcenski, @fbermingham, @stokel, and @christopherjm
| Bloomberg: |
Sources: the Hong Kong arms of three Chinese state banks have reached out to offer services to crypto businesses in recent months, despite a mainland crypto ban — Crypto firms rushing into Hong Kong after the city opened its doors to the battered sector are finding a surprising source of potential support: China's state-owned banks.
More:
Inside Bitcoins, Crypto Daily, Cryptonews, Cryptopolitan, CryptoSlate, CoinGape, Cointelegraph, Financial Times, Forkast, and Politico
LinkedIn:
Eugene Ng, Kelvin Low, and Kiuyan Wong
Tweets:
@cz_binance, @harry_forj, @eug_ng, @tehmoonwalker, @neopetsmeta, @degenspartan, and @justinsuntron
| Reuters: |
Sources: Jack Ma returned to China after more than a year; sources: China Premier Li Qiang urged Ma to return since late 2022 to allay private sector fears — Alibaba (9988.HK) founder Jack Ma has returned to China, ending a stay overseas of more than a year that industry viewed as reflecting …
More:
CNN, South China Morning Post, Wall Street Journal, BBC, Associated Press, TechCrunch, Barron's Online, Bloomberg, Livemint, Quartz, The Guardian, and AsiaOne. Tweets:
@byjoshye
| Frederic Lardinois / TechCrunch: |
Microsoft says Teams has 280M MAUs, up from 270M in Jan. 2022, and says it has rebuilt Teams to be twice as fast, rolling out to Windows' Public Preview program — Teams, Microsoft's Slack rival, has always had a bit of a reputation for being slow and resource-hungry.
More:
Microsoft 365 Blog, Thurrott, XDA Developers, Tech Monitor, VentureBeat, The Verge, MobileSyrup, CNBC, and TechRadar
| Simon Sharwood / The Register: |
The French government bans TikTok and all other recreational apps from staff phones, claiming none have sufficiently robust security for government devices — Meanwhile the US contemplates drastic action — The government of France has banned TikTok - and all other recreational apps - from phones issued to its employees.
More:
TechCrunch, Gizmodo, Axios, ABC News, The Hill, CSO, NBC News, ComputerWeekly.com, TheGamer, Digiday, SC Media, PYMNTS.com, and Politico
Tweets:
@lisaforteuk, @axios, @sarafischer, @baekdal, @zsk, @jappleby, @politicoeurope, @bushidotoken, @joetidy, @seanwrightsec, @stokel, @ivanabartoletti, and @thegrugq
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| Chris Welch / The Verge: |
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| Paul Sawers / TechCrunch: |
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| Pranshu Verma / Washington Post: |
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| Samriddhi Sakunia / Rest of World: |
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