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June 24, 2022, 11:00 PM
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memeorandum
WeSmirchTop News
| Jeffrey Dastin / Reuters: |
As state laws limiting abortion kick in, tech companies could be forced by law enforcement to hand over users' search histories and other pregnancy-related data — The technology industry is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement …
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Washington Post, CNBC, The Register, Center for Democracy …, Protocol, PCMag, Mashable, Insider, and Fight for the Future
Tweets: @evacide, @evacide, @evacide, @jkbibliophile, @tonyajoriley, @kevincollier, @lazerwalker, @ziripena, @sylviaviridian, @doree, @f_kaltheuner, @nameshiv, @ekp, @lauren_feiner, @geoffreyfowler, @can, @evan_greer, @ncweaver, @bwjones, @rakeshlobster, @fightfortheftr, @perkinsjanie, @jsrailton, and @aclu
| Mark Sullivan / Fast Company: |
After SCOTUS overturned Roe v. Wade, Apple, Meta, Google, and other tech companies announce or reaffirm policies supporting staff seeking abortion services — A number of tech and media companies are responding to the Supreme Court's decision to overturn Roe v. Wade by offering to pay …
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Bungie.net, The Verge, TechCrunch, Variety, CNBC, New York Times, GeekWire, CNBC, 9to5Google, VentureBeat, New York Times, The Seattle Times, The Hollywood Reporter, Reuters, CNN, LinkedIn, Gizmodo, TheGamer, Protocol, Fortune, Daily Mail, Observer, Washington Post, and Game Developer
Facebook: Sheryl Sandberg. Tweets: @markgurman, @clairecmc, @dynarski, @sachalouise, @anandwrites, @leylblack, @kkomaitis, @slnash4u, @msbrumfield, @rmac18, @allenholub, @billgates, @rmac18, @xpangler, @stephennellis, @twilio, @alphabetworkers, @rmac18, @rmac18, @tonyajoriley, @benioff, @daveyalba, @exxhibitj, @tonyajoriley, @rmac18, @b_fung, @daphnehk, @snowden, @tonyajoriley, @tribelsocial, @ninaburleigh, @daphnehk, @nycmayor, @lesliemac, and @stevekovach
| Tracy Wang / CoinDesk: |
Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from troubled crypto lender Celsius in the event of a bankruptcy — The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.
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Wall Street Journal, Reuters, Morningstar, Protocol, Blockworks, watcher.guru, Crypto Briefing, Ethereum World News, The Block, Slashdot, and Cointelegraph
Tweets: @mdudas, @macaesbruno, @nikhileshde, @lionelralaurent, @scottmelker, and @azeemk_
| Brian Newar / Cointelegraph: |
Harmony stops its Horizon bridge between Ethereum, Binance Chain, and Bitcoin after a theft of ~$100M in altcoins; Harmony says its BTC bridge was not impacted — The layer-1 blockchain's main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.
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CNBC, Harmony, rekt, The Record, Bloomberg, Decrypt, USA Today, The Register, Metaverse Post, Blog Tien So, Bitcoinist.com, Kiribto's Newsletter, PCMag, TechCrunch, Crypto Daily, PYMNTS.com, CryptoPotato, crypto.news, ZyCrypto, Micky, CoinQuora, Cryptonews, Another Day in Crypto, San Francisco Business Journal, and Web3 is going just great
| Finextra: |
Crypto trading platform Bitpanda, which has 1,000+ staff per LinkedIn and raised $263M at a $4.1B valuation in 2021, says it is cutting its headcount to ~730 — Vienna-based Bitpanda is the latest crypto player to make job cuts, informing staffers that it will axe hundreds of positions as it face up to a dramatically altered market.
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blog.bitpanda.com, Decrypt, CoinDesk, Web3 is going just great, Bloomberg, and The Block
Tweets: @lukebk and @paddi_hansen
| Chris Dolmetsch / Bloomberg: |
US judge rules that Pinterest must face a suit by digital marketing strategist Christine Martinez, who says she co-created Pinterest but was never compensated — Pinterest Inc. must face a lawsuit from a digital marketing strategist who says she helped conceive the social media platform, a California judge ruled.
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Engadget
| Zheping Huang / Bloomberg: |
How TikTok is cashing in on its exploding popularity; source: TikTok plans to grow its e-commerce gross merchandise volume to $2B in 2022 and $23B in 2023 — Alyssa McKay used to work part-time at a frozen yogurt store in Portland, Oregon, making minimum wage to cover her college tuition.
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dot.LA, Techdirt, Insider, and The New
Tweets: @hzhu_, @rbhar90, @joshuatopolsky, @starheal, @m1das_ow, @ericjackson, @zoescaman, @pelstrom, and @hancocktom
| Mack DeGeurin / Gizmodo: |
Report: Twitter gave Elon Musk more user data, including real-time API information, after he complained the large historical data he received wasn't enough — The company reportedly provided Musk with a new tranche of data after his team claimed they couldn't properly run tests to discover evidence of bots.| Wall Street Journal: |
Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week — FTX gave crypto lender a $250 million credit line this week — Crypto billionaire Sam Bankman-Fried has become a lender of last resort to his beleaguered industry.
More:
PYMNTS.com, Crypto Briefing, Fortune, Ethereum World News, Decrypt, GRIT CRYPTO, The Block, CoinDesk, Cointelegraph, Benzinga, and CryptoSlate
Tweets: @mayazi, @mslopatto, and @silvermanjacob
| FinSMEs: |
Tapcheck, a financial wellness service that works with companies like McDonald's to let workers access their earnings before payday, raised a $20M Series A — Tapcheck, a Los Angeles, CA-based financial wellness benefit company, raised $20m in Series A funding. — The round was led by PeakSpan Capital.
More:
Business Wire and PYMNTS.com
| Jonathan Greig / The Record: |
The CISA and the US Coast Guard Cyber Command warn companies of Log4Shell exploits in the wild, citing one incident of threat actors exfiltrating 130GB+ of data — The Cybersecurity and Infrastructure Security Agency (CISA) and the United States Coast Guard Cyber Command (CGCYBER) … | Oliver Knight / CoinDesk: |
Axie Infinity developer Sky Mavis plans to restart its bridge and reimburse ~$216.5M in USDC and ether on June 28 to the victims of the $625M Ronin bridge hack — A total of $216.5 million in USDC and ethereum at today's prices will be returned to users. — Sky Mavis, the developer behind …
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Bloomberg, Engadget, Finbold, Blockworks, Gizmodo, Cointelegraph, CoinQuora, CryptoSlate, Tech in Asia, and Cryptonews
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