April 13, 2022, 7:35 AM

Top News

Jonathan Greig / The Record:
Ukrainian officials say they stopped an attack on an energy facility with help from ESET and Microsoft, and identified a new variant of the Industroyer malware  —  Ukrainian officials said they stopped an attack on an energy facility with the help of researchers from ESET and Microsoft.
Cheyenne Ligon / CoinDesk:
Former Ethereum developer Virgil Griffith is sentenced to 5+ years in prison and fined $100K for helping North Koreans use cryptocurrencies to evade sanctions  —  Griffith previously pleaded guilty to one count of conspiracy to violate international sanctions for giving a talk at a crypto conference in Pyongyang in 2019.
Alex Sherman / CNBC:
Sources: two weeks after the launch of CNN+, the premium streaming service has garnered under 10K DAUs, amid reports that CNN has spent ~$300M on the effort  —  - Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, sources said.
Bob Van Voris / Bloomberg:
Elon Musk is facing a proposed shareholder class action that alleges Musk's delayed SEC filings disclosing his stake kept Twitter's share price artificially low  —  Elon Musk was sued by a Twitter Inc. shareholder who claims the Tesla Inc. CEO's delay in disclosing his ownership of more than 5% …
Charlie Osborne / ZDNet:
Joseph Cox / VICE:
Court docs: T-Mobile paid hackers ~$200K via a third party to stop an ongoing leak of stolen data on 30M customers, but the hackers kept selling it regardless  —  After hackers targeted T-Mobile in August, T-Mobile hired a third-party firm that went undercover and bought exclusive access to the data.
New York Times:
Many tech companies, eager to please employees returning to offices, are providing perks like concerts with pop stars, food trucks, and “appreciation events”  —  Tech companies really want their employees to be happy — or at least less annoyed — about returning.
Elizabeth Lopatto / The Verge:
MoonPay, which lets users buy crypto and NFTs with credit cards, announces Justin Bieber, Gwyneth Paltrow, and other celebs invested $86.7M at a $3.4B valuation  —  First, they bought NFTs with MoonPay — then they bought MoonPay  —  MoonPay, the company that lets consumers pay for digital assets …
Michael Bellusci / CoinDesk:
Cryptocurrency lender Celsius, recently valued at ~$3B, says only accredited US investors will be able to add new assets and earn rewards starting April 15  —  In the US, only accredited investors, and those with coins already in the Earn platform, will be able to earn rewards.
Jack Gillum / Bloomberg:
A group of cybersecurity companies specializing in securing US critical infrastructure form a coalition to work with the government and adopt uniform standards  —  A group of cybersecurity companies that specialize in securing critical infrastructure said Tuesday they've formed a lobbying group …
David Hundeyin / West Africa Weekly:
An investigation into Nigerian payments startup Flutterwave, valued at $3B, alleges employee stock option fraud, sexual harassment, and workplace bullying  —  On the night of Sunday March 20, 2022, a particular WhatsApp group wouldn't stop buzzing.  —  Word had got out that a big story …
Chandra R Srikanth / Moneycontrol:
Memo: Indian ride-sharing startup Ola's CEO Bhavish Aggarwal is stepping away from day-to-day operations to focus on engineering; CFO Arun Kumar will step up  —  Ola was last valued at $7.3 billion when it raised $139 million in its Series J round.  —  Ola founder and CEO Bhavish Aggarwal …
Ben Thompson / Stratechery:
OpenAI's DALL-E 2 and other AI models' ability to generate new content at zero marginal cost has major implications for the metaverse, social networks, and more  —  Last week OpenAI released DALL-E 2, which produces (or edits) images based on textual prompts; this Twitter thread from @BecomingCritter …
Ingrid Lunden / TechCrunch:
Salsify, which helps e-commerce brands manage inventory, raises a $200M Series F led by TPG at a $2B valuation and says it has 1,200 customers  —  E-commerce is booming, but it's become increasingly apparent over the years that the businesses that are able to capitalize on that trend …
Daniel Van Boom / CNET:
Meta's plan to take up to a 47.5% cut of each virtual transaction on Horizon Worlds draws criticism from NFT proponents; OpenSea takes a 2.5% cut  —  Meta, previously known as Facebook, is figuring out how to monetize the metaverse. … It's been nearly six months since the company formerly known …
Michael Bellusci / CoinDesk:
NFT and metaverse content creation company Infinite Reality will acquire esports company ReKTGlobal in an all-stock deal worth $470M  —  ReKT is known for its ownership of the successful esports teams Team Rogue and the London Royal Ravens.  —  Metaverse company Infinite Reality has agreed …

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