| Jeffrey Dastin / Reuters: |
Amazon is working on letting Alexa mimic any voice after hearing less than a minute of audio, as a way to “make the memories last” of deceased family members — Amazon.com Inc (AMZN.O) wants to give customers the chance to make Alexa, the company's voice assistant, sound just like their grandmother — or anyone else.| Sander Lutz / Decrypt: |
Coinbase plans to shut down its standalone, trader-focused Pro service by the end of 2022 and replace it with Advanced Trade across its main app and website — The standalone service will be replaced by Advanced Trade, a feature within the main Coinbase app.| New York Times: |
Sources: the metaverse, not securing elections, is now Mark Zuckerberg's top priority; Meta has ~60 people focused on elections, down from 300 in 2020 — Mark Zuckerberg, who once said securing elections was “the most important thing,” has shifted Meta's focus to the metaverse.| Wall Street Journal: |
An in-depth look at the LUNA and UST fallout, as Do Kwon says he has been “devastated” but has “great confidence in our ability to build back even stronger” — Luna's relaunch might be the ultimate act of chutzpah by the South Korean entrepreneur| Mitchell Clark / The Verge: |
Meta rebrands Facebook Pay as Meta Pay; Mark Zuckerberg says Meta is working on an interoperable “wallet for the metaverse” that will have “proof of ownership” — Also, the Meta Pay rebrand is here — Mark Zuckerberg announced on Wednesday that Facebook Pay … | Bloomberg: |
A profile of Changpeng Zhao, who built Binance into the largest crypto exchange, as he navigates a regulatory crackdown in a brutal crypto winter — During the first few months of this year—back when buying digital tokens named after dog memes was still seen, at least in some of the most … | Maddie Ellis / Wall Street Journal: |
Instagram begins testing tools to verify ages, starting with 17 or under, using either Yoti's facial analysis tech, photo IDs, or adults vouching for users — Meta's new policy will make it tougher for teens to update to adult accounts. But they can still lie about their age in the first place| Financial Times: |
Singapore's fintech policy chief says the country will be “brutal and unrelentingly hard” on “any market bad behaviour” in the crypto industry — Stance marks shift in rhetoric from city-state that had courted digital currency companies| Wall Street Journal: |
Sources: Comcast and Google have emerged as the top contenders to help Netflix develop an ad-supported tier, and Netflix has discussed ad partnerships with Roku — Deals with the streaming company could include exclusive agreements and revenue-sharing — Comcast Corp.'s NBCUniversal … | Francisco Pires / Tom's Hardware: |
Cerebras says its “wafer-scale” chip sets a record for the largest AI model trained on a single device with up to 20B parameters — Democratizing large AI Models without HPC scaling requirements. — Cerebras, the company behind the world's largest accelerator chip in existence … | Washington Post: |
The Senate's $52B US chip production bill, passed in June 2021, has become mired in unrelated disputes, like climate provisions, delaying the release of funds — Proponents are racing to salvage a bipartisan measure that would provide $52 billion for domestic chip production| Bill Toulas / BleepingComputer: |
Brave says its search engine had 411.7M queries in May, up ~5,000% since its June 2021 launch, and launches Goggles, which lets users customize searches — Brave Search, the browser developer's privacy-centric Internet search engine, is celebrating its first anniversary after surpassing 2.5 billion queries … | Cristiano Lima / Washington Post: |
Senate Commerce Chair Maria Cantwell says she does not support the bipartisan privacy bill, a significant blow to long-stalled federal data protections — Senate Commerce Chair Maria Cantwell said she's not close to supporting a major proposal, dealing a significant blow to efforts to revive the long-stalled bill| Natasha Mascarenhas / TechCrunch: |
MasterClass, which offers celebrity-taught online classes, lays off ~120 employees, or 20% of its team; sources: MasterClass was valued at $2.75B in May 2021 — MasterClass, an education platform that sells subscriptions to celebrity-taught classes, has cut 20% of its team to … | Financial Times: |
London-based payments services company SumUp raised €295M equity and €295M debt at an €8B valuation; a January report said it targeted an up to €20B valuation — London-based payment-services group had earlier hoped to raise funds at €20bn pricetag| Manish Singh / TechCrunch: |
India-based Cashify, a marketplace for selling and buying used smartphones and other gadgets, has raised a $90M Series E, bringing its total funding to $130M+ — Cashify, a marketplace for gadgets trade-ins and buybacks in India, has raised $90 million in a new financing round as it looks … | Bloomberg: |
Seeking to regain relevance, screenshots show Clubhouse is testing private rooms, called Houses, to encourage friendlier social interactions — Clubhouse, the voice chat app that captured the attention of Hollywood and Silicon Valley early in the pandemic, is experimenting with a new feature that lets users join private groups.| Nilesh Christopher / Rest of World: |
A hacktivist claims DALL-E-like Craiyon, formerly DALL-E mini, generated images of brown-skinned women in saris almost every time he ran a blank search request — The images represent a glitch in the system that even its creator can't explain. — Like most people who are extremely online … | Ingrid Lunden / TechCrunch: |
JobGet, a job marketplace for salaried or hourly workers, raised a $52M Series B, comprising $40M equity and $12M debt — LinkedIn, now with more than 830 million users, has carved out a place for itself as a hub for the world of professional workers: a social network optimized for for people … | Annie Njanja / TechCrunch: |
Ghana-based Fido, which offers financial tools and loans to individuals and businesses via its mobile app, raised a $30M Series A led by Fortissimo Capital — After extending credit to thousands of customers over mobile phones since 2015, Ghana-based fintech Fido is now in search … | Reuters: |
Sources: eight buyout offers taking Toshiba private value the deal at up to ~$22B, a 27% premium on its stock; Toshiba had two offers that would keep it public — Bidders for Toshiba Corp (6502.T) are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private …
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| Ingrid Lunden / TechCrunch: |
| Jared Newman / Fast Company: |
| Oliver Knight / CoinDesk: |
| Zach Schonfeld / The Hill: |
| Tomio Geron / Protocol: |
| CoinDesk: |
| Charlotte Tobitt / Press Gazette: |