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May 14, 2021, 9:10 AM
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| 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”.| Sean O'Kane / The Verge: |
Elon Musk says Tesla no longer accepts bitcoin for vehicle purchases due to its environmental cost, will look at more environmentally friendly cryptocurrencies — Tesla has stopped accepting bitcoin as payment for its cars out of concern that it will contribute to greater consumption of fossil fuels … | 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.
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AppleInsider, Android Authority, Nature, 9to5Mac, iMore, Nature, MediaNama, and Neowin
| 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| 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 …
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Financial Times, Attack of the 50 Foot …, SiliconANGLE, and Forbes
Tweets: @silvermanjacob, @ahcastor, @b_eichengreen, @charlesarthur, @patio11, @mark_dow, @fxflow, and @carnage4life
| 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.
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CoinDesk, MediaNama, TheStreet, and TechCrunch
| 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 … | Lauren Feiner / CNBC: |
Google is leading an effort, supported by many tech giants, to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas — - Google is leading an effort to maintain work authorization for tens of thousands of people whose spouses hold H-1B visas …
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The Verge, Engadget, Bloomberg, The Keyword, and Reuters
| Variety: |
Disney+ misses on Q1 subscriber estimates, reaching 103.6M subscribers vs. 109.3M expected; ESPN+ subscribers rose 75% YoY to 13.8M, Hulu grew 30% YoY to 41.6M — The jets kept firing for Disney Plus, which reached 103.6 million subscribers worldwide as of April 3, the company reported … | Hamish McKenzie / blog.substack.com: |
Substack acquires People & Company, which focuses on community building, to expand its support infrastructure for writers, including workshops and legal support — Writers love pie — In 2014, journalist Anna Codrea-Rado, publisher of Lance, pitched a story to editors at a major news outlet … | MacKenzie Sigalos / CNBC: |
Coinbase reports Q1 revenue of $1.8B, up 207% QoQ, monthly transacting users of 6.1M, up from 2.8M last quarter, says it plans to list dogecoin in 6-8 weeks — - In Q1, Coinbase reported earnings per share of $3.05, the company reported on Wednesday. — It also brought in $1.80 billion of revenue …
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Decrypt, ZDNet, Bloomberg, CryptoGlobe, Cryptonews, PYMNTS.com, CoinDesk, and Wall Street Journal. Tweets: @kenziesigalos
| Joey Roulette / The Verge: |
SpaceX signs a satellite connectivity deal with Google Cloud, as part of which SpaceX will install Starlink terminals at Google's data centers around the world — Under a new agreement, SpaceX will plant Starlink terminals at Google Cloud's data centers — Google said on Thursday …
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Engadget, CNBC, Google Cloud, Gizmodo, iTnews, Neowin, Insider, and SiliconANGLE
| Debby Wu / Bloomberg: |
Foxconn reports Q2 net profit of $1B on revenue of $48B, up 45% YoY, and says global supply crunch will worsen this quarter — - Supply shortages will be more severe in 2Q than 1Q: Liu — Hon Hai shares are down 20% from March high as crunch worsens
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AppleInsider, RTÉ, and iMore
| Jessica Bursztynsky / CNBC: |
Bumble stock falls 14%+ on Thursday to $40.48, below its IPO price, after beating Q1 revenue expectations Wednesday but issuing a more cautious Q2 guidance — - Shares of Bumble fell sharply Thursday morning, dipping below its initial public offering price of $43 apiece, after the company reported first-quarter results.| Sarah Perez / TechCrunch: |
Pinterest says it will test livestreaming events this month through a three-day virtual event featuring sessions with around 21 top creators — Pinterest is expanding into live events. The company is planning to host a three-day virtual event that will feature live-streamed sessions from top creators … | Lawrence Abrams / BleepingComputer: |
Chemical distributor Brenntag paid a $4.4M ransom in bitcoin to the DarkSide ransomware gang, who claimed to have stolen more than 150 GB of sensitive data — Chemical distribution company Brenntag paid a $4.4 million ransom in Bitcoin to the DarkSide ransomware gang to receive a decryptor …
Tweets: @lawrenceabrams and @dangoodin001
| 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, CambridgeSponsor Posts
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