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May 5, 2023, 6:25 PM
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| Chris Strohm / Bloomberg: |
Sources: the US DOJ is investigating if Binance was used to let Russians skirt US sanctions, alongside a probe into its alleged use to evade sanctions on Iran — The Justice Department is investigating whether Binance Holdings Ltd. was used illegally to let Russians skirt US sanctions …
More:
The Information, The Block, Reuters, Bitcoinist.com, Cryptonews, and CryptoSlate
| Matt Binder / Mashable: |
Out of the ~150K early Twitter Blue subscribers in November 2022, just ~68,157 were still subscribed on April 30, meaning Blue has an abnormally high churn rate — The early birds cancel their subscriptions. — Twitter Blue's struggles since its launch nearly six months ago are more severe … | Mengqi Sun / Wall Street Journal: |
New York's AG proposes the Crypto Regulation, Protection, Transparency and Oversight Act, or CRPTO, seeking broader enforcement authority over crypto companies — Proposed legislation would require crypto exchanges to have independent public audits of financial statements, among other new requirements
More:
NY State Attorney General, SiliconANGLE, Bloomberg, PYMNTS.com, Bitcoinist.com, Cryptonews, CoinGape, Blockworks, Cointelegraph, The Block, Ethereum World News, CoinDesk, Engadget, crypto.news, and CryptoSlate
Tweets:
@newyorkstateag, @jimmyvielkind, @newyorkstateag, @ethjuiced, and @johnreedstark
| Aisha Malik / TechCrunch: |
Amazon expands Inspire, its TikTok-like video and photo feed in the Shopping app that lets users buy from influencer and brand content, to all US customers — Amazon's in-app TikTok-like shopping feed is now available to all customers in the United States, according to the company's website.
More:
iPhone in Canada Blog, dot.LA, Tubefilter, and Insider Intelligence
| Dave Michaels / Wall Street Journal: |
Coinbase plans to try a novel defense against a potential US SEC enforcement action by arguing the regulator bears some responsibility for approving its IPO — Crypto exchange says regulators' lawsuit threat is undermined by clearance of IPO — With the Securities and Exchange Commission preparing …
More:
CryptoPotato, Coinspeaker, Bitcoinist.com, Cryptonews, CoinDesk, crypto.news, Inside Bitcoins, Blockworks, Ethereum World News, and Bloomberg. Tweets:
@brianmcc
| Harmeet Singh Walia / Counterpoint Research: |
Smartphone shipments declined 14% YoY and 7% QoQ globally to 280.2M units in Q1 2023; Samsung declined 19%, Apple 2%, Xiaomi 22%, Oppo 10%, and Vivo 18% — - The global smartphone market declined by 14% YoY and 7% QoQ to record 280.2 million unit shipments in Q1 2023.
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TechCrunch, IDC, Light Reading, Cult of Mac, Neowin, SamMobile, Wccftech, and Android Authority. Tweets:
@neiltwitz
| Chris Welch / The Verge: |
A review of the $250 JBL Tour Pro 2 wireless earbuds, whose case has a touchscreen for accessing earbud settings, along with extras like timers and a flashlight — The touchscreen offers quick access to earbud settings along with extras like timers and even a flashlight.
More:
SlashGear, Digital Trends, Engadget, USA Today, CNET, and NBC News
Tweets:
@ericrennerbrown, @chriswelch, and @lukew
| Theo Wayt / The Information: |
Amazon is working on AI tools to generate photos and videos for merchants' ad campaigns on its platform, as the company seeks to build a broader ad business — Amazon is building a team to work on artificial intelligence tools that will generate photos and videos for merchants to use …
Tweets:
@theo_wayt
| Chance Miller / 9to5Mac: |
Brydge, an iPad, Mac, and Surface accessory maker, is shutting down; sources: Brydge has neither paid its staff salaries nor fulfilled orders since January 2023 — Brydge, a once thriving startup making popular keyboard accessories for iPad, Mac, and Microsoft Surface products, is ceasing operations.
More:
Ars Technica, MacStories, AppleInsider, Daring Fireball, The Verge, Six Colors, and Mastodon
| Wall Street Journal: |
Sources: Ant's restructuring has been held up for over a year by China reshuffling its regulatory system; the final step is a financial-holding-company license — Powerful new regulator will have to approve the fintech giant's application to become a financial-holding company| Eric Berger / Ars Technica: |
Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, to rival SpaceX's Starlink in the EU — The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES. — A consortium of nearly every major …
More:
Airbus, ExtremeTech, The Register, Gizmodo, PCMag, TechSpot, and DatacenterDynamics
LinkedIn:
Marc Kermisch and Dan Isaac
Tweets:
@kostian_v, @fayaz_king, and @auersusan
| Alex Konrad / Forbes: |
A look at the ByteDance investors who have billions in paper profits blocked by the US regulatory standoff over TikTok; source: Sequoia China holds a 10%+ stake — The world's most valuable startup does more than any other investment to put VCs on the Forbes Midas List, including its No. 1.
More:
Pandaily. Tweets:
@jacobhelberg, @chrisfralic, @pstasiatech, @alexrkonrad, @alexrkonrad, @alexrkonrad, and @alexrkonrad. Thanks:@alexrkonrad
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