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February 13, 2024, 4:30 AM
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| Dan Mangan / CNBC: |
US court notice: the sentencing of Binance CEO Changpeng Zhao for money laundering has been postponed until April 30, 2024; CZ is free on a $175M release bond — - The sentencing of former Binance CEO Changpeng Zhao on a money laundering rule charge has been postponed until April 30, a notice in Seattle federal court shows.| Sarah Perez / TechCrunch: |
Meta begins testing “today's topics” on Threads in the US, surfaced in the app on the Search page and in the For You feed, that can feature political content — After acknowledging last week that Meta's X competitor Threads would not actively recommend political content …
More: The Verge, Livemint, KATV-TV, ReadWrite, SiliconANGLE, JapanTrendMedia, Technical Terrence, Engadget, and 9to5Mac
Threads: @zuck, @mosseri, @mosseri, @fredericl, @hardin, @willoremus, @katienotopoulos, @renee.diresta, @timothybucksf, @kimberleyannjohnson, @harryjsisson, @daveleebbg, @chris, @bmotheprince, @greeblehaus, @carlas, @mattnavarra, @keithedwards, and @willoremus. X: @willoremus. Forums: Slashdot
| John Archer / Forbes: |
Amazon Prime Video's basic ad tier, which US subscribers who didn't pay extra were downgraded to on January 29, doesn't support Dolby Vision HDR or Dolby Atmos — Amazon AMZN caused a furor recently when it announced that it was introducing advertisements right across its Prime Video streaming service.
More: The Hollywood Reporter, Ars Technica, Android Authority, Digital Trends, The Verge, SamMobile, Cord Cutters News, IGN, BGR, Tom's Guide, UPROXX, TechHive, MediaNama, and Making Television Easy Again!
Mastodon: @witewulf@mastodonapp.uk. X: @bigjohnnyarcher. Forums: Hacker News, r/AmazonPrimeVideo, and Ars OpenForum
| Rachel Phua / Bloomberg: |
Temu bought six Super Bowl ad slots, likely for tens of millions, to win back US shoppers; US observed sales fell 12.5% MoM in December 2023 and 4.8% in January — - Observed sales and users fell month-on-month in Dec. and Jan. — Chinese e-commerce app offers users $10 million in giveaways
More: Temu on YouTube, Wall Street Journal, The Atlantic, The Information, National Review, NBC Chicago, NBC News, Ad Age, Tom's Guide, and CNBC
X: @tayredacted, @chrisjbakke, @haydencapital, @repcarolmiller, @tmtlongshort, @repashleyhinson, @haydencapital, @amandamull, @edsander, @kettlebelldan, @jessfwilliams, @jayrajdev, @jasonrshuman, @haydencapital, @darrenrovell, @repjimbaird, @cnbcfastmoney, and @rogermarshallmd. LinkedIn: Patrice Adams. Forums: r/baba
| Eleanor Olcott / Financial Times: |
Sources: Temu is scooping up suppliers removed by Shein, as Shein moves to clean up its supply chain ahead of a planned US listing — PDD Holdings-owned marketplace gains manufacturers as fashion competitor prepares for planned IPO — Chinese online marketplace Temu is scooping … | Reuters: |
Sources: Founders Fund bought $100M in bitcoin and $100M in ether from late summer to early fall 2023; the VC sold its crypto portfolio in 2022, making ~$1.8B — Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether …
More: The Block, The Information, CoinDesk, Coinpedia Fintech News, crypto.news, Milk Road, Cryptonews, and CoinGape
X: @readkrystalhu and @mdudas
| Rebekah Valentine / IGN: |
Interviews with 40+ developers detail reasons for layoffs in gaming, including an environment fraught with high costs and execs having little regard for staff — An estimated 10,000 game workers lost their jobs in 2023 alone. — In August of last year, Ascendant Studios developer Aaron …
More: GamingBolt. X: @domsplaying, @duckvalentine, and @mooresaiyan
Forums: r/Games, r/gaming, r/pcgaming, and r/XboxSeriesX
| Brandon Vigliarolo / The Register: |
Cloudflare defeats a second “patent troll”, invalidating parts of three Sable Networks' patents after crowdsourcing prior art findings through Project Jengo — The bounty payouts may be high, but Project Jengo doesn't miss — When it comes to defeating patent trolls …
More: The Cloudflare Blog and WebProNews
Threads: @gergelyorosz_. X: @eastdakota and @cloudflare. LinkedIn: Steven Callahan. Forums: Hacker News
| Amanda Silberling / TechCrunch: |
Music encyclopedia EveryNoise, which uses Spotify data, stopped updating after Spotify laid off the employee running the site in December, pissing off its fans — Now, Glenn McDonald's beloved Every Noise At Once project is in jeopardy — On a brutal December day, 17% of Spotify employees found …
Mastodon: @misc@mastodon.social. X: @devilontheshore, @everynoise, @glenn_mcdonald, @akinikolaidis, @everynoise, @gareth_simpson, @johnaustinperry, @fringemusicfix, @akinikolaidis, @carlzoilus, @everynoise, @everynoise, @everynoise, @akinikolaidis, @thediscovertab, @mavoyofficial, @conradev, @charliebaranski, @glenn_mcdonald, @martinmwiener, @akinikolaidis, @tedolsen, @glenn_mcdonald, and @mavoyofficial
Forums: Hacker News and Slashdot
| Zoë Schiffer / Platformer: |
Q&A with Mastodon founder Eugen Rochko on the platform, its future, collaborating on ActivityPub with Meta's Threads team, why Bluesky should ditch AT, and more — The news last week that Bluesky is open to the public left me wondering how Mastodon, the original federated social network, is faring these days.| Michelle F Davis / Bloomberg: |
ContextLogic agrees to sell the discount online retailer Wish for $173M to Singaporean company Qoo10; Wish had a $14B valuation after its 2020 IPO — The parent of discount online retailer Wish has agreed to sell its assets and liabilities for $173 million to Singaporean e-commerce company Qoo10.
More: Wish, CNBC, Pulse 2.0, The Information, San Francisco Business Times, and PYMNTS.com
| Paul Sawers / TechCrunch: |
Helsinki-based Bob W, an Airbnb-like marketplace for premium short-term apartment rentals, raised a €40M Series B led by Evli Growth — Bob W, a marketplace for premium short-term apartment rentals, has raised €40 million ($43 million) in a Series B round of funding.Sponsor Posts
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