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May 6, 2022, 12:35 PM
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WeSmirchTop News
| Kanishka Singh / Reuters: |
SEC says Nvidia has agreed to pay $5.5M to settle charges of “inadequate disclosures” concerning the impact of cryptomining on its gaming business in FY 2018 — The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation …
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Tweets: @stephentotilo and @smdiehl
| Bloomberg: |
Sources: China has ordered government agencies and state-backed companies to replace foreign PCs with domestic ones running local OSes in two years — China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers with domestic alternatives within …
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Tom's Hardware, Neowin, TechRadar, OnMSFT.com, and Benzinga
Tweets: @argvee, @benbajarin, @kennedycsis, @carlminzner, @defensebaron, @dravirmani, @jkylebass, and @akkiman
| Dan Primack / Axios: |
Filing: Elon Musk raises $7.14B for his Twitter bid from Saudi Prince Alwaleed, Larry Ellison, Sequoia, VyCapital, Binance, a16z, and others; Ellison gives $1B — Elon Musk on Thursday disclosed a group of co-investors in his Twitter takeover. The names are impressive, but most of their check sizes aren't.
Source:
SEC.gov. More:
Insider, BuzzFeed News, CoinDesk, New York Times, Bloomberg, New York Times, Finbold, Wall Street Journal, Financial Times, The Block, CoinQuora, The Information, Protocol, VICE, Bloomberg, Silicon Canals, SiliconANGLE, Protocol, Grit Capital, Bloomberg, TechCrunch, CoinDesk, DealStreetAsia, Forbes, Bitcoin News, The Hollywood Reporter, UPI, Junghoon's Direct Media …, Social Media Today, Reuters, The Register, The Mac Observer, Axios, CNN, Ars Technica, BBC, PYMNTS.com, Bloomberg, CNBC, San Francisco Business Journal, Channel Futures, iMore, Crunchbase News, iPhone in Canada Blog, Newser, Agence France-Presse, CNBC, Bloomberg, Bloomberg, Cryptopolitan, Bloomberg, Silicon Republic, TIME, Cointelegraph, RTÉ, CoinQuora, MarketWatch, The Irish Times, Financial Times, and The Week
Tweets: @bhorowitz, @alwaleed_talal, @bhorowitz, @rmac18, @petermccormack, @markdistef, @markdistef, @mikeisaac, @bhorowitz, @bigblackjacobin, @cz_binance, @timobrien, @kurtwagner8, @seldo, @maggienyt, @jack, @danprimack, @katie_roof, @eringriffith, @alexstamos, @pt, @noupside, @digg, @moorehn, @ryangrim, @mehdirhasan, @rschooley, @danprimack, @arashmassoudi, @mmasnick, @tomaxwell, @alexstamos, @mattbc, @bhorowitz, @taylorlorenz, @benwerd, @binance, @rmac18, @sarahfrier, @benedictevans, @mmasnick, @mcnees, @carnage4life, @tonyfratto, @anildash, @loganbartlett, @teresa_longwell, @mattturck, @maxkennerly, @gartenberg, @danprimack, @ryan_browne_, @alex, @kantrowitz, @teroterotero, @karlbode, @carnage4life, @silvermanjacob, @coloradotravis, @shaig, @vladsavov, @patrickw, @ericjackson, @thedomino, @jsphctrl, @macaesbruno, @pekingmike, @loudmouthjulia, @loudmouthjulia, @dearsarah, @muradahmed, @peter_tl, @sridinats, @danprimack, @firstadopter, @ivanthek, and @danprimack
| Echo Wang / Reuters: |
Legal experts say Musk's new funding for Twitter could draw scrutiny from CFIUS for potential national security risks, the kind that TikTok faced — Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter Inc (TWTR.N) runs the risk of inviting … | Michael Bellusci / CoinDesk: |
Block Q1: revenue down 22% YoY to $3.96B, vs. $4.1B est., profit up 34% YoY to $1.29B, and Cash App bitcoin revenue down 51% YoY to $1.73B — Fintech and digital payments giant Block Inc. (SQ) reported first-quarter earnings that missed analyst expectations on Thursday after the close.Total Q1 revenue …
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Block, Payments Dive, The Block, Investor's Business Daily, CoinQuora, Coinspeaker, The Economic Times, PYMNTS.com, Music Ally, Benzinga, Dow Jones Newswires, Associated Press, Reuters, PYMNTS.com, and Bloomberg. Tweets: @saylor
| Aislinn Keely / The Block: |
The CFTC orders BitMEX's three cofounders to pay $10M each for not registering with the agency, and failing to implement anti-money laundering and KYC checks — The Commodity Futures Trading Commission (CFTC) has hit the founders of crypto exchange BitMEX with a total of $30 million in civil monetary penalties.
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CFTC, Bloomberg, CFTC, Reuters, Coinspeaker, CryptoPotato, Cryptopolitan, CryptoSlate, Cointelegraph, Crowdfund Insider, and Decrypt
| James Clayton / BBC: |
The UK's DCMS plans to give the Digital Markets Unit powers to clamp down on Big Tech's “predatory practices”, following reports the UK shelved such plans — Large tech companies such as Google and Facebook will have to abide by new competition rules in the UK or risk facing huge fines, the government said.
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Press Gazette, Reuters, The Guardian, iPhone Hacks, iClarified, 9to5Mac, GOV.UK, and Global Competition Review
Tweets: @jamesclayton5 and @jamesclayton5
| Jordan Novet / CNBC: |
Google's cloud unit forms a new group, led by former Citigroup executive James Tromans, to provide developers with tools to build Web3 apps — - Former Citigroup executive James Tromans will lead the new Google group that will build services to help developers construct Web3 applications.| MK Manoylov / The Block: |
Untamed Planet, which uses Roblox to create nature-themed games incorporating NFTs, raises a $24.3M Series A led by Animoca Brands — Untamed Planet, a blockchain-based gaming startup, raised $24.3 million in a Series A funding round led by Animoca Brands.| Bloomberg: |
Sources say the UK is delaying Revolut's banking license over concerns about its crypto trading service and whether it can tackle money laundering and fraud — Nikolay Storonsky, once a championship swimmer in his native Russia, doesn't like to hang around in the slow lane.
More:
The Block, PYMNTS.com, and Ethereum World News
Tweets: @ownsomeshares, @aishagani, and @stespezzati
| Aisha Malik / TechCrunch: |
Spotify Stations, the service's lightweight listening app first launched in 2018 offering easy access to curated playlists, is shutting down on May 16 — Spotify Stations, the streaming service's lightweight listening app offering easy access to curated playlists, is shutting down on May 16.| Dan Strumpf / Wall Street Journal: |
Sources: Chinese tech companies like Lenovo and Xiaomi are quietly pulling back from Russia; China's tech exports to Russia fell sharply from February to March — Firms are pulling back under pressure from U.S. sanctions and suppliers, but stay mum in face of warnings from BeijingSponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Generate Sample Data the Way You Want It Using AI, for Free — Finding good sample data is harder than it should be.If you've ever tried to test a dashboard, build a demo, or train a team on an analytics tool, you know the drill.
Generate Sample Data the Way You Want It Using AI, for Free — Finding good sample data is harder than it should be.If you've ever tried to test a dashboard, build a demo, or train a team on an analytics tool, you know the drill.
IDrive:
IDrive Autonomy: low-cost L2+ driver assistance with AI — L2+ driver assistance with a scalable AI stack built for automotive companies and laying the foundation for the autonomous future.
IDrive Autonomy: low-cost L2+ driver assistance with AI — L2+ driver assistance with a scalable AI stack built for automotive companies and laying the foundation for the autonomous future.Featured Podcasts
Big Technology Podcast:
Cloudflare CEO: We're Ready To Block Millions of Websites From AI — With Matthew Prince
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Data Centers, Elon Musk, and the New Politics of Tech, with David Weigel
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Access:
Sam Altman on OpenAI's next model and the AI backlash
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Uncapped with Jack Altman:
Brian Singerman from GPx
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Training Data:
Making Cities Awesome: Peregrine's Nick Noone & Ben Rudolph
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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