| Charlie Warzel / The Atlantic: |
a16z's Marc Andreessen and Packy McCormick failing to coherently explain Web3 use cases demonstrates the hollowness of the space, often obscured by boosterism — I cannot stop watching crypto profiteers get owned. … I cannot stop watching videos of Web3 boosters failing to explain the usefulness of the technology.| Bloomberg: |
After freezing withdrawals, crypto exchange CoinFlex plans to issue up to 47M Recovery Value USD tokens, offering a 20% annual return, to repay a $47M debt — Cryptocurrency exchange CoinFlex plans to raise funds by issuing a new token that will offer a 20% annual return … | James Vincent / The Verge: |
Airbnb makes its temporary ban on parties at rented properties, introduced in 2020, permanent, saying the ban “became much more than a public health measure” — But a 16-person cap on rentals has been removed — In 2020, Airbnb introduced a temporary ban on house parties … | Anna Gross / Financial Times: |
An interview with Arm CEO Rene Haas on the company's plans to use its IPO proceeds to pursue M&A deals and expand hiring, after Arm China changed its leadership — Chief executive Rene Haas lays out ambitious course of expansion for the UK chip designer despite tech downturn| Sarah E. Needleman / Wall Street Journal: |
After Twitter gives Elon Musk access to its firehose and historical tweet data, experts doubt the data will provide conclusive answers on spam accounts and bots — Billionaire has access to the company's fire hose of tweets, but data specialists say analyzing it isn't easy| Emma Roth / The Verge: |
Google says Hangouts will shut down in November as the Hangouts app begins prompting 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.| Stephanie Condon / ZDNet: |
Google makes Earth Engine, which offers sophisticated information about the Earth's surface, available to any commercial or government entity using Google Cloud — For the past decade, researchers in academia and the nonprofit world have had access to increasingly sophisticated information about the Earth's surface.| Will Knight / Wired: |
A look at DALL-E Mini, a viral image-generation service by Hugging Face based on OpenAI's DALL-E offering good, absurd fun while showing how AI can warp reality — The viral image-generation app is good, absurd fun. It's also giving the world an education in how artificial intelligence may warp reality.| Olivia Snow / Wired: |
How SCOTUS overturning Roe could be used to curb online freedoms and surveil vulnerable populations, as happened to sex workers following FOSTA/SESTA in 2018 — FOSTA/SESTA—laws that deplatformed sex workers—helped build the gallows for overturning Roe v. Wade.| TechCrunch: |
| Kyle Wiggers / TechCrunch: |
Opaque Systems, which is building AI to handle data in hardware-based trusted execution environments, raised a $22M Series A led by Walden Catalyst Partners — Opaque Systems, a startup developing what it describes as “AI for confidential computing,” today announced that it closed … | Hadlee Simons / Android Authority: |
Arm announces new mobile Armv9 CPUs with improved performance and new GPUs including the Immortalis-G715, its first with ray-tracing support — It's that time of the year when industry colossus Arm reveals its new line of CPUs and GPUs that will power the following year's smartphones.| Emily Nicolle / Bloomberg: |
Paris-based Kaiko, which offers crypto and DeFi market data to institutional investors and businesses, raised a $53M Series B led by Eight Roads — Blockchain analytics firm Kaiko raised $53 million from new and existing investors in its latest financing round, even as crypto-exposed companies … | Mike Butcher / TechCrunch: |
A look at Plural, a €250M early-stage fund led by Wise co-founder Taavet Hinrikus, Teleport co-founder Sten Tamkivi, Songkick co-founder Ian Hogarth, and others — Until recently Taavet Hinrikus, cofounder of Wise, and Sten Tamkivi, cofounder of Teleport, had banded together as a sort of ‘mini Angel brand’ known as “Taavet+Sten”.| Reuters: |
A Moscow court fines Twitch, Pinterest, and Airbnb ~$38K and UPS ~$19K for allegedly refusing to store Russian citizens' personal data in Russia — A Moscow court said it had fined video streaming service Twitch, social network Pinterestand United Parcel Service in three of several cases expected … | Shirley Zhao / Bloomberg: |
Netflix plans to grow its investments in Asia Pacific, which has 15% of its 221.6M subscribers and is forecast to be the biggest driver of further expansion — Netflix Inc. is looking to Asia after its shock first-quarter slowdown, seeking to both maintain growth in the one region … | Jacquelyn Melinek / TechCrunch: |
Sam Bankman-Fried says there are no active talks for FTX to acquire Robinhood; Robinhood says no acquisition can go through without the founders' approval — SBF praises Robinhood, hints at possible partnerships — Crypto exchange FTX is open to partnering with Robinhood Markets …
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| Ashley Gold / Axios: |
| Wilfried Eckl-Dorna / Bloomberg: |
| Allison Johnson / The Verge: |
| Annie Palmer / CNBC: |
| Andrew Rummer / The Block: |