Techmeme
April 21, 2022, 9:15 AM

Top News

Ryan Weeks / The Block:
Binance begins enforcing tougher KYC checks on Russian users with holdings exceeding €10,000, following further EU sanctions  —  Crypto exchange Binance is enforcing tougher Know Your Customer (KYC) checks for Russian users after the latest wave of European Union sanctions.
MacKenzie Sigalos / CNBC:
The US Treasury sanctions Russian bitcoin miners, including BitRiver; Cambridge University: Russia is the world's third-biggest destination for bitcoin mining  —  - For the first time ever, the U.S. Department of the Treasury is taking aim at bitcoin miners operating in Russia, as Putin's war on Ukraine approaches its third month.
Aisha Malik / TechCrunch:
Instagram plans to tweak its ranking algorithm to highlight original content more and recommend accounts that aggregate and reshare other users' content less  —  Instagram head Adam Mosseri announced today that the company is going to tweak its ranking algorithm to highlight original content more on its platform.
Annie Palmer / CNBC:
Amazon unveils Buy with Prime, which lets third-party merchants use Amazon's shipping and logistics network to fulfill orders on their own sites  —  - Buy with Prime enables third party retailers to take advantage of Amazon's vast shipping and fulfillment network for orders placed on their own site.
New York Times:
70% of employees at an Atlanta Apple Store agree to hold a union election, making the Apple Store the first to file for a union election with the CWA  —  The petition for a union vote continues a trend of organizing at service-sector employers like Starbucks and Amazon.
Logan Plant / IGN:
Report: Sony is working on a PlayStation program to let select partners insert ads within free-to-play games, similar to a reported Microsoft effort for Xbox  —  Sony is reportedly planning its own program to insert ads into games.  —  After last week's report that Xbox is looking to include …
Javier Espinoza / Financial Times:
Sources: the EU is set to unveil the Digital Services Act, which bans targeting users based on religion, gender, and more, among other rules, on Friday  —  Digital Services Act lays out rules for technology groups to keep users safe online  —  The EU is poised to unveil a landmark law …
Cobie:
A look at the evolution of crypto staking, from a useful tool to a quasi-Ponzi scheme, and how Yuga Labs is effectively paying people in ApeCoin to hold ApeCoin  —  Recently, I was contacted by a member of the board of ApeCoin, which is the BAYC token's equivalent of a board of directors I guess.
Bloomberg:
Elon Musk's claimed commitment to free speech at Twitter follows years of stifling criticism at Tesla and SpaceX, including those trying to unionize  —  If Elon Musk is able to take over Twitter Inc., his biggest promise is to transform it into a platform for free speech with few restrictions …
Sergiu Gatlan / BleepingComputer:
Cybersecurity authorities of Five Eyes countries warn of Russia-backed hacking groups targeting critical infrastructure organizations in and outside Ukraine  —  Today, Five Eyes cybersecurity authorities warned critical infrastructure network defenders of an increased risk that Russia-backed hacking groups …
Alex Hern / The Guardian:
Apple to debut an opt-in child safety feature for iPhones in the UK that scans messages for nudity, but drops some controversial aspects, like notifying parents  —  Feature that searches messages will go ahead after delays over privacy and safety concerns  —  A safety feature that uses AI technology …
Bloomberg:
Sources: Barack and Michelle Obama's production company Higher Ground doesn't plan to re-sign with Spotify, and is talking to Audible, iHeartMedia, and others  —  Barack and Michelle Obama's time with Spotify Technology SA is coming to an end.  —  The former first family's production company …
Chris Metinko / Crunchbase News:
Seattle-based Convoy, which connects shippers and freight brokers to 400K+ trucks via its app, raises a $160M Series E and $100M in debt at a $3.8B valuation  —  The past couple of years exposed many flaws in the global and domestic supply chains—and investors have taken note that it is an industry ripe for disruption.

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Alex Weprin / Hollywood Reporter:
Yogita Khatri / The Block: