Techmeme
June 27, 2022, 7:05 PM

Top News

Samantha Cole / VICE:
Stardust's privacy policy said it may share “anonymized, encrypted” data to third parties “whether or not legally required”, before being changed after pushback  —  Stardust Period Tracker was the most-downloaded free app on iOS over the weekend.  —  Samantha Cole
TechCrunch:
Analysis of Stardust period tracking app, the top free app on the US App Store on June 25, shows it shares users' phone numbers with analytics company Mixpanel  —  The app was found sharing users' phone numbers with an analytics firm  —  Period tracking app Stardust surged to the top …
Washington Post:
With Roe overturned, privacy advocates worry period tracking apps are sharing data, with partners or affiliates, that may become evidence of a crime  —  Privacy advocates fear that fertility data could fall into the wrong hands.  —  With a menstrual-tracking app, you can see when your periods and fertile days start and end.
Brian Kahn / Protocol:
Bloomberg:
Sources: Sam Bankman-Fried's crypto exchange FTX is exploring an acquisition of Robinhood; Robinhood's stock closes up 14%  —  Sam Bankman-Fried's FTX crypto exchange is exploring whether it might be able to acquire Robinhood Markets Inc., according to people with knowledge of the matter, Bloomberg News reports.
Andrew Rummer / The Block:
Voyager Digital issues a default notice to Three Arrows Capital for failing to repay a $650M+ loan; Voyager accessed $75M of credit from Alameda Research  —  - Voyager Digital has issued a default notice against Three Arrows Capital for failure to repay a loan worth more than $650 million.
Emma Roth / The Verge:
Google says Hangouts will shut down in November as it begins prompting mobile Hangouts users to move to Chat  —  It'll start moving mobile Hangouts users to Chat today  —  After sunsetting Google Hangouts for Workspace users in February, Google's now beginning the process of migrating free, personal Hangouts users to Chat.
Vicky Ge Huang / Wall Street Journal:
As crypto markets melt down, hedge funds are increasingly shorting tether, as a bet against either the broader economy or the quality of the assets backing USDT  —  Professional investors got interested in shorting tether after the collapse of another stablecoin, TerraUSD
Wall Street Journal:
Taiwan-based GlobalWafers announces plans to build a $5B silicon wafer factory in Sherman, Texas, aiming to reach 1.2M wafers per month, covering all US demand  —  A GlobalWafers plant in Texas hinges on legislation pinned down in a partisan dispute  —  WASHINGTON—A Taiwan-based company …
Ellen Huet / Bloomberg:
CB Insights: global VC activity dropped 23% between Q1 2022 and June 23, 2022, after dropping just 1.4% between Q4 2021 and Q1 2022; total funding dropped 27%  —  Venture capital-backed startups raised far fewer rounds of funding during the past three months than they did during …
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