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May 20, 2023, 9:15 PM
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memeorandum
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| Neeva: |
Neeva, co-founded by former Google ad head Sridhar Ramaswamy, plans to shut down its ad-free search engine due to a “vastly changed search environment” and more — We started Neeva with the mission to take search back to its users. Having worked on search and search ads for over a decade … | Kellen Browning / New York Times: |
Unable to turn a profit amid fewer hours watched, some US esports organizations lay off staff, end star player contracts, or even sell their teams at a loss — At least two organizations in America's most prominent league for professional video game players are selling their teams, underscoring the industry's uncertain future.
More:
Dot Esports. Tweets:
@austinj, @kellen_browning, @kellen_browning, @kellen_browning, and @kellen_browning
| Rebekah Valentine / IGN: |
China's State Administration approves Microsoft's $69B acquisition of Activision Blizzard, joining a total of 37 regulators globally, including the EU and Japan — Thirty-seven total regulators have voiced approval thus far. — China's State Administration has approved Microsoft's attempted …
More:
Seeking Alpha, WinBuzzer, Metro.co.uk, OnMSFT.com, Windows Central, Game Rant, Neowin, GameSpot, TweakTown, Wccftech, Pocket Gamer.biz, Gameranx, and Pure Xbox
Tweets:
@tomwarren, @gadget_ry, and @tomwarren
| Jon Brodkin / Ars Technica: |
Filing: AT&T asked the FCC to block a SpaceX/T-Mobile plan that lets Starlink service areas lacking T-Mobile coverage, saying “the FCC's rules do not permit” it — AT&T and rural telcos say Starlink-fueled phone service would cause interference.
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FCC, Cord Cutters News, PhoneArena, Engadget, The Verge, CNET, Bloomberg, Light Reading, DatacenterDynamics, and Wccftech
| MacKenzie Sigalos / CNBC: |
How crypto hunters help people going through a divorce find their spouse's hidden crypto stashes, following the trail of tokens as they “hop” across blockchains — - Financial infidelity has become increasingly sophisticated, as investors “hop” coins across blockchains and sink their cash into metaverse properties.| Charlie Savage / New York Times: |
A US court finds the FBI misused a FISA Section 702 database 278K+ times from 2020 to 2021, as national security agencies lobby Congress to reauthorize the law — The bureau made changes after the newly revealed violations of rules for querying messages intercepted under an expiring warrantless surveillance law.
More:
Washington Post, Politico, Reuters, Reclaim The Net, INTEL, Fast Company, The Hill, Associated Press, and The Messenger
LinkedIn:
Frank Scafidi. Tweets:
@kimzetter, @washingtonpost, @thejohnnantz, @tolmanbrett, @gleemie, @yegg, @aclu, and @jim_jordan
| Reuters: |
Leaders of the G7 nations call for the development and adoption of global AI standards and to “take stock of the opportunities and challenges of generative AI” — Leaders of the Group of Seven (G7) nations on Saturday called for the development and adoption of international technical standards …
More:
CNET, The White House, Neowin, Techlusive, Tech Xplore, and Reuters
| Andy Greenberg / Wired: |
A history of Turla, an APT that is the “premiere espionage tool” of Russia's FSB, in operation for 25+ years, with its Snake malware in use for nearly 20 years — From USB worms to satellite-based hacking, Russia's FSB hackers, known as Turla, have spent 25 years distinguishing themselves as “adversary number one.”
LinkedIn:
Andy Greenberg
| Lia Haberman / ICYMI: |
Meta briefed some creators on Instagram's decentralized text-based app that may launch in June 2023 with a Twitter-like design, Mastodon compatibility, and more — Meta's hosting secret meetings with select creators to share details — [a sneak peek at Instagram's new text-based app]
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The Verge, Bloomberg, Moneycontrol, PhoneArena, Gizmodo, Mashable, Cryptopolitan, SamNews 24, TechCrunch, Cointelegraph, Livemint, TechEBlog, Geekout Newsletter, Forbes, Trusted Reviews, MarketWatch, iThinkDifferent, PYMNTS.com, MobileSyrup, Social Media Today, The Information, Insider, Neowin, WeRSM, Reuters, 9to5Mac, BGR, Android Central, WinBuzzer, The Economic Times, iPhone in Canada Blog, PetaPixel, Engadget, Slashdot, and Pixel Envy
Mastodon:
@tchambers@indieweb.social, @film_girl@mastodon.social, @rodhilton@mastodon.social, @noracodes@tenforward.social, and @trochee@dair-community.social
Tweets:
@liahaberman, @liahaberman, @liahaberman, @theadamsass, @drjessmaddox, @hamids, @filipeesposito, @billym2k, @nash076, @gregbensinger, @lamag, @mattnavarra, @sarahfrier, @mattmday, @kevincollier, @mathewi, @jcpunongbayan, @sarahfrier, @lionvestgroup, @michaelsayman, @danprimack, @goofrider, @marvelle, @smacula, @michaelguimarin, @martinsfp, @liahaberman, @alex__ha12, @mattnavarra, and @liahaberman
| Kyle Wiggers / TechCrunch: |
NYC-based Percent, which operates a private credit marketplace, raised a $29.7M Series B led by White Star Capital, bringing its total funding to $48.2M — In 2018, Nelson Chu founded Percent with the goal of bringing investors, borrowers and underwriters together to modernize private credit.
More:
Fintech Futures, Percent, Fintech Global, PitchBook, and Crowdfund Insider. LinkedIn:
Nelson Chu
| Cecilia D'Anastasio / Bloomberg: |
After Niantic's latest AR game Peridot got negative app store reviews and few downloads, a look at the company's metaverse games struggling to find an audience — Just a few years ago, tech evangelists were hailing Niantic Inc., the maker of the hit game Pokémon Go …
Tweets:
@cecianasta, @harrymccracken, @hermesninja, @345triangle, and @joonian
| Financial Times: |
Sources: top shareholder SoftBank demanded compensation from Revolut after UK regulators told the startup to simplify its ownership to obtain a banking license — Minister to meet payment group's bosses amid fears UK's biggest tech group will leave the country
More:
Sifted, The Information, Benzinga, Crowdfund Insider, The Block, Telegraph, Coinspeaker, Blockworks, Finextra, Crypto Daily, and AltFi
LinkedIn:
Shaul David, Alan Vaksman, and Maarten Ectors
Tweets:
@mickmcateer, @jamesplloyd, @ivanlevingston, @bondhack, and @alexh_johnson
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