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June 17, 2022, 11:00 AM
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| Casey Newton / Platformer: |
Some employees say that Musk sounded genuinely enthusiastic about owning and running Twitter, but the meeting reinforced their mostly negative beliefs about him — Musk says he has big plans for the company. Employees wonder how he'll achieve them
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Telegraph, Insider, New York Times, Vox, Wall Street Journal, The Economic Times, Quartz, PYMNTS.com, Financial Times, The Verge, Protocol, Gizmodo, and New York Post
Tweets: @alexeheath, @mattxs, @caseynewton, @jtlevy, @profcritic, @martinsfp, @susanbordson, and @lizzadwoskin
| Bloomberg: |
Sources: Elon Musk addressed Twitter employees for the first time since agreeing to buy the company in April, discussing potential layoffs, moderation, and more — Tesla Inc. Chief Executive officer Elon Musk discussed his stance on what types of content should be allowed on Twitter Inc.'s social network …
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The Verge, Vox, New York Times, The Verge, Washington Post, TechCrunch, CNBC, TechCrunch, Reuters, BBC, Protocol, Blockworks, The Block, Axios, The Verge, The Verge, Insider, NPR, Fossbytes, Decrypt, La Wikly de Emilio Doménech, Wall Street Journal, Transistori, Benzinga, Crypto Briefing, Bloomberg, The Guardian, Bloomberg, Social Media Today, TheStreet, Deadline, Japan Today, Variety, The Wrap, and CNET
Tweets: @alexeheath, @danprimack, @bennyjohnson, @lizzadwoskin, @mikeisaac, @alexeheath, @mikeisaac, @noupside, @alexeheath, @cernovich, @jenn_elias, @kenli729, @kantrowitz, @mikeisaac, @mikeisaac, @mikeisaac, @bennyjohnson, @elonmusk, @evafoxu, @elonmusk, @_szheng, @maxkennerly, @elonmusk, @daithaigilbert, @reckless, @donie, @donie, @hsajwanization, @nycsouthpaw, @markmilian, @ericnewcomer, @stevekovach, @mmasnick, @nytimes, @kurtwagner8, @pkafka, @kurtwagner8, @qhardy, @jlgolson, @mikeisaac, @anthony, @mikeisaac, @caseynewton, @pkafka, @alexeheath, @kantrowitz, @jyarow, @mattrosoff, @ericajoy, @jimpethokoukis, @mkarolian, @caseynewton, @2aupdates, and @mattnavarra
| Serena Ng / Wall Street Journal: |
Crypto hedge fund Three Arrows Capital is exploring options including asset sales and a rescue by another firm, and says it invested about $200M in Luna — Firm's founders say they still believe in the future of cryptocurrencies — Cryptocurrency-focused hedge fund Three Arrows Capital Ltd …
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CoinDesk, The Block, Reuters, Bitcoinist.com, and Crypto Briefing
Tweets: @demirelo, @anthony, @ceostroff, @w7voa, and @mattzeitlin
| Financial Times: |
Sources: BlockFi was among the groups that liquidated at least some positions held by Three Arrows Capital, which failed to meet margin calls this past weekend — BlockFi was among a clutch of firms that liquidated the Singapore-based group's positions — Three Arrows Capital failed …
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The Block, VICE, CoinDesk, CryptoPotato, Ethereum World News, CryptoSlate, Bankless, Blockworks, The Daily Hodl, Forkast, La Lettre du Mardi Crypto, the drops, Cryptonews, Closingbell Gems, PYMNTS.com, Frank Corva's Newsletter, Bloomberg, Crypto Briefing, Cointelegraph, Reuters, Coinmonks, and Web3 is going just great
| The Verge: |
Snap is internally testing Snapchat Plus, a paid subscription service that will give users early access to exclusive, experimental, and pre-release features — It's currently in “early internal testing” — Snap is doing internal tests of a paid subscription called Snapchat Plus … | Natasha Lomas / TechCrunch: |
The UK publishes its final response to a data reform consultation to diverge from EU rules, including replacing cookie pop-ups with browser-based opt-outs — The UK government has published its final response to a data ‘reform’ consultation it kicked off last year, laying out how it intends …
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GOV.UK, Hi, I'm Heather Burns, GOV.UK, Bloomberg, BetaNews, The Register, DCD, Forbes, CNBC, Infosecurity, and The National Law Review
| Makena Kelly / The Verge: |
A group of Senate Democrats calls on the US Commerce Department to follow EU and develop a strategy to require a common charging port across all mobile devices — No more Lightning ports? — A group of Senate Democrats is calling on the US Commerce Department to follow Europe's lead …
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9to5Mac, Engadget, AppleInsider, PCMag, PetaPixel, iMore, and United States Senate
Tweets: @kywhitney, @jeffnolan, @davezatz, and @tractorlaw
| Etan Vlessing / Hollywood Reporter: |
Roku unveils an e-commerce deal with Walmart, allowing TV viewers to use remotes to shop during commercials and check out with Roku Pay; stock up 4% after hours — The pact could make TV streaming the next frontier in e-commerce shopping by blending entertainment and instant product purchases.| Janko Roettgers / Protocol: |
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Silicon Republic, IPG Media Lab, and Next in Marketing
Tweets: @richlightshed, @caseynewton, @jason_kint, @trengriffin, and @karlbode
| Ryan Mac / New York Times: |
Sources: SpaceX fired employees who helped write and distribute an open letter calling Elon Musk's behavior “a frequent source of distraction and embarrassment” — In an email, Gwynne Shotwell, SpaceX's president, said the letter had made other employees “feel uncomfortable, intimidated and bullied.”
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The Verge, The Verge, Protocol, Wall Street Journal, Reuters, New York Post, Gizmodo, The Register, Bloomberg, The Hill, TechCrunch, PCMag, Newser, Engadget, Insider, Fortune, Silicon Republic, Fossbytes, Mashable, ExtremeTech, and Observer
| Mary Jo Foley / ZDNet: |
Microsoft debuts Defender for Individuals, an online security dashboard for PC, Mac, iOS, and Android, part of Microsoft 365 Family and Personal subscriptions — Microsoft is adding the Microsoft Defender for Individuals to its Microsoft 365 Personal and Family subscriptions.| Wall Street Journal: |
Sources: Klarna is in talks with investors about funding at a ~$15B valuation, down from its $45.6B valuation in June 2021; source: a deal could yield $500M+ — The SoftBank-backed, buy-now-pay-later startup is discussing raising cash at a valuation around $15 billion, down from 2021's near $46 billion valuation
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Sifted, Coinspeaker, City A.M., AltFi, The Block, PYMNTS.com, and Bloomberg
Tweets: @ryan_browne_, @alex, and @bongcapital
| Ingrid Lunden / TechCrunch: |
Prague-based online grocery delivery service Rohlik has raised a €220M Series D led by Sofina and says it had revenues of €500M in 2021 — The salad days are over for many startups in the online food delivery sector. Following a long period of cash injections …
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Tech.eu, MacDailyNews, Sifted, EU-Startups, Reuters, and Forbes. Tweets: @ingridlunden. Thanks:@ingridlunden
| Reuters: |
Sources: China's central bank accepted Ant Group's application to set up a financial holding company, a key step in a year-long revamp of the fintech business — China's central bank has accepted Ant Group's application to set up a financial holding company, three people with knowledge of the matter said … | Cristina Criddle / Financial Times: |
Some UK creators say they abandoned TikTok Shop's e-commerce program due to poor pay, long hours, and having to take flak for limited stock and shipping issues — Content creators say ‘livestream’ model means they earn less and now take flak for limited stock and shipping issues| Financial Times: |
Blockchain.com data: bitcoin's hash rate fell 4% since the start of the week, as the value of revenues paid to miners fell to its lowest level in nearly a year — Share prices of companies that validate crypto transactions have tumbled over the past month — Bitcoin miners are scaling … | Hannah Lang / Reuters: |
State securities regulators in Alabama, Kentucky, New Jersey, Texas, and Washington are investigating Celsius Network's decision to suspend customer redemptions — State securities regulators in Alabama, Kentucky, New Jersey, Texas and Washington are investigating crypto lender Celsius Network's decision …
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Wall Street Journal, CoinDesk, Blog Tien So, CryptoSlate, Cryptonews, CryptoPotato, Slashdot, Engadget, PYMNTS.com, Crypto Briefing, CoinJournal, Cointelegraph, and Blockworks
Tweets: @markdistef and @jhamby
| Andrea Park / Fierce Biotech: |
Aidoc, which develops AI-based tools for radiologists to analyze CT scans and X-rays, has raised a $110M Series D, bringing its total funding to about $250M — Aidoc is on quite the hot streak. Aidoc is on quite the hot streak. Just about two months after racking up its ninth FDA clearance …
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Aidoc
| Manya Saini / Reuters: |
HomeLight, which offers AI tools for home buyers, sellers, and real estate agents, raised a $115M Series D at a $1.7B valuation, $60M in equity and $55M in debt — HomeLight said on Thursday it had raised $115 million in a late-stage funding round that valued the real-estate home technology platform at $1.7 billion.
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