| Frank Chaparro / The Block: |
Sources: crypto hedge fund Three Arrows Capital faces an uncertain future after a $400M liquidation; CEO Zhu tweeted we are “committed to working this out” — The future of crypto hedge fund Three Arrows Capital hangs in the balance as the firm faces potential insolvency after being liquidated by its lenders.| Jon Porter / The Verge: |
Carl Pei reveals Nothing phone (1) ahead of its July 12 launch event, saying “leaks are harder to contain nowadays”; more details will be revealed over time — Nothing, the consumer tech startup led by OnePlus co-founder Carl Pei, has shown off the rear design of its debut Phone 1 smartphone.| Wall Street Journal: |
Source: crypto lender Celsius Networks is looking for financing options from investors and exploring other strategic alternatives, like financial restructuring — Celsius Network, among the largest crypto lenders, has paused user accounts, citing extreme market conditions| Stephanie Kirchgaessner / The Guardian: |
Sources: US defense contractor L3Harris is in talks with NSO Group to acquire its core tech; White House says such a deal would raise serious security concerns — Deal - which would require approval from US and Israel - would give L3Harris control over controversial Pegasus tool| Sergiu Gatlan / BleepingComputer: |
Cloudflare says it mitigated a 26M-requests-per-second DDoS attack, the largest HTTPS DDoS attack detected to date, targeting a customer using its Free plan — Internet infrastructure firm Cloudflare said today that it mitigated a 26 million request per second distributed denial-of-service … | Foo Yun Chee / Reuters: |
The EU's General Court sides with Qualcomm over the European Commission's $1.05B fine from 2018 for allegedly paying Apple to use only Qualcomm chips — U.S. chipmaker Qualcomm (QCOM.O) on Wednesday won its fight against a 997-million-euro ($1.05 billion) fine imposed by EU antitrust … | Filipe Espósito / 9to5Mac: |
Sources: Apple plans to refresh its entry-level iPad with a USB-C port instead of Lightning, an A14 chip, 5G, and an improved display, likely coming in 2022 — Earlier this year, 9to5Mac exclusively reported that Apple was working on a new generation iPad Air to have the M1 chip and 5G support … | José Adorno / 9to5Mac: |
| Josh Taylor / The Guardian: |
Microsoft officially retires Internet Explorer after 27 years, disabling the desktop app and directing users to Edge — Company says decision to disable desktop app comes as web developers less likely to make sites compatible with browser, which first graced computers in 1995| James Vincent / The Verge: |
YouTube launches a corrections feature, letting creators add infocards at a relevant timestamp — Instead of having to re-upload a whole video — Everyone makes mistakes, but if you mess up a fact or flub a line in a YouTube video it can be hard to correct the error.| Brandy Betz / CoinDesk: |
Estonia-based NFT infrastructure startup NFTPort has raised a $26M Series A co-led by Taavet+Sten and Atomico to help developers quickly launch NFT apps — The round was co-led by Atomico and Taavet+Sten, the investment arm from the co-founders of Wise and Teleport.| Wall Street Journal: |
Apple and Major League Soccer announce a 2023-2032 broadcasting deal, with games available via MLS Apple TV app or Apple TV+; source: deal is worth $250M+/year — Deal underscores iPhone maker's streaming ambitions and battle for sports programming — Apple Inc. AAPL 0.71%▲ … | Sara Fischer / Axios: |
The Washington Post has licensed its Arc XP CMS to 2,000+ companies, up from ~1,500 a year ago; sources: Arc XP generates ~$40M-$50M in ARR but isn't profitable — The Washington Post is looking to double down on its investment in its tech publishing arm, Arc XP, despite outside sales interest valuing … | Chris Welch / The Verge: |
Sonos Voice Control assistant review: fast, private, and good at tasks like grouping rooms, but lacks Spotify support and doesn't understand some artists' names — Sonos' assistant only takes music requests, and that actually works out in its favor — When Sonos Voice Control was announced last month … | Ash Parrish / The Verge: |
Twitch expands its ad incentive program to more partners and offers bigger payouts by shifting from a flat rate for every 1,000 ads to sharing 55% of ad revenue — The ad incentive program will also open up to more partnered streamers — Twitch is expanding its ad incentive program to include more creators and pay them more money.
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