Techmeme
May 6, 2022, 6:20 PM

Top News

Joe Warminsky / The Record:
The US sanctions cryptocurrency mixing service Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, the first time the US sanctioned a mixer  —  The U.S. Treasury Department on Friday sanctioned a cryptocurrency mixing service for the first time, citing evidence that it was used …
Kanishka Singh / Reuters:
The SEC says Nvidia will pay $5.5M to settle charges it failed to disclose that cryptomining was a “significant element” of its FY 2018 gaming revenue growth  —  The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation …
Jordan Novet / CNBC:
Google forms a new blockchain group, led by former Citigroup executive James Tromans, to make the Google Cloud Platform the first choice for Web3 developers  —  - Former Citigroup executive James Tromans will lead the new Google group that will build services to help developers construct Web3 applications.
Wall Street Journal:
Some ex-TikTok US staff talk of long hours, tight deadlines, lack of work-life boundaries, sleep deprivation, weekend work, and secrecy uncommon in the industry  —  Former U.S. staffers tell of sleep deprivation, work on weekends and mandatory meetings with colleagues on the other side of the globe
Bloomberg:
Sources: China ordered government agencies and state-backed companies to replace foreign-branded PCs with domestic alternatives running local OSes in two years  —  China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers …
New York Times:
Elon Musk's pitch to investors: quintuple Twitter revenue to $26.4B by 2028, cut ad revenue to less than 50% of revenue, $69M Twitter Blue revenue by 2025, more  —  Here's what Mr. Musk is projecting for Twitter's finances over the next few years, according to a pitch deck he presented to investors.
Dan Primack / Axios:
Source: SEC.govMore: Insider, New York Times, Blockworks, BuzzFeed News, Silicon Valley Business …, Bloomberg, New York Times, New York Post, Financial Times, Wall Street Journal, Grit Capital, CoinDesk, Silicon Canals, Coinspeaker, CoinQuora, The Block, VICE, SiliconANGLE, Protocol, DealStreetAsia, Bitcoin News, Bloomberg, Junghoon's Direct Media …, Social Media Today, UPI, Reuters, The Register, The Mac Observer, Forbes, CNN, The Hollywood Reporter, PYMNTS.com, BBC, Ars Technica, San Francisco Business Journal, Channel Futures, CNBC, iMore, Crunchbase News, iPhone in Canada Blog, Axios, Newser, Agence France-Presse, Bloomberg, Cryptopolitan, Bloomberg, Silicon Republic, Bloomberg, and Bloomberg

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Earlier Picks

James Clayton / BBC:
Aislinn Keely / The Block:
Michael Bellusci / CoinDesk:
Ian Sherr / CNET:
Ian Sherr / CNET:
Stefanie Marotta / Bloomberg: