Techmeme
May 14, 2021, 9:50 AM

Top News

BBC:
The Irish health service shuts down its IT system after a “significant” ransomware attack that is having a severe impact on health and social care services  —  Ireland's health service has temporarily shut down its IT system after what it described as a “significant ransomware attack”.
BBC:
A peer-reviewed study finds UK's NHS contact-tracing app reduced the second wave by roughly 25%, averting ~594,000 out of 1.89M cases from October-December 2020  —  The NHS contact-tracing app had a significant impact on lowering the spread of the coronavirus in the UK, a peer-reviewed paper has found.
Yogita Khatri / The Block:
Tether, which claimed at launch that each tether was backed 1:1 with USD, releases a breakdown of its reserves, revealing that only 3.87% are in actual cash  —  Quick Take  — Stablecoin issuer Tether has revealed a breakdown of its reserves.  — As of March 31, 2021 …
Tom Schoenberg / Bloomberg:
Sources: Binance is under investigation by DOJ and IRS; officials involved include those who probe money laundering and tax offenses  —  - Justice Department, IRS seek information about crypto exchange  — The federal agencies haven't accused Binance of wrongdoing
Todd Spangler / Variety:
Jeff Blackburn, an S-team Amazon exec who had departed in February, is returning as SVP of Global Media and Entertainment, overseeing Prime Video, Twitch, more  —  Jeff Blackburn, a former high-level Amazon exec who just recently left after more than two decades, is coming back …
The Block:
Vitalik Buterin sells large amounts of SHIB, AKITA, and ELON tokens, sent to him by coin creators, for ~$60M worth of ETH, and donates the proceeds to charities  —  Quick Take  — Ethereum creator Vitalik Buterin has offloaded a range of dog-themed meme tokens.
Thomas Seal / Bloomberg:
Amazon says it will hire 10,000 more people in the UK, taking its total headcount in the country to 55K by the end of 2021  —  - Company said Thursday it would hire 75,000 logistics workers  — U.K. jobs to be in London, Manchester, Edinburgh, Cambridge
More: CNBC and BBC

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More News

Jordan Novet / CNBC:
Taylor Hatmaker / TechCrunch:

Earlier Picks

Strategy Analytics:
Joey Roulette / The Verge:
Bloomberg:
Bloomberg:
Ina Fried / Axios:
Ellen Nakashima / Washington Post: