| Mark Kleinman / Sky News: |
Source: a British Virgin Islands court ordered the liquidation of Singapore-based Three Arrows Capital on June 27; Teneo will handle the insolvency process — A court in the British Virgin Islands has ordered the liquidation of Singapore-based Three Arrows Capital, underlining the crisis gripping … | Steven Ehrlich / Forbes: |
After providing $750M in credit lines, Sam Bankman-Fried says some crypto companies are “basically too far gone”, “bearish views on Tether are wrong”, and more — After throwing lifelines to troubled digital currency platforms BlockFi and Voyager Digital … | Josh Smith / Reuters: |
Experts say the crypto crash has wiped out millions of dollars stolen by North Korean hackers, threatening a key source of funding and its weapons programs — The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say … | Alex Heath / The Verge: |
Snap launches Snapchat+, offering exclusive, experimental, and pre-release Snapchat features for $3.99 per month, starting in nine countries — No, it doesn't let you turn off ads — Starting this week, Snap will begin offering an optional subscription called Snapchat Plus that unlocks exclusive and early access features.| Bloomberg: |
Sources: Tesla laid off ~200 Autopilot workers, most of them hourly and focused on data labeling, and closes its San Mateo office, as part of broader reductions — Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter.| Evelyn Cheng / CNBC: |
The FCC's Brendan Carr writes to Apple and Google asking they remove TikTok from app stores over China-related security concerns or provide statements by July 8 — - Brendan Carr, one of the FCC's commissioners, shared Tuesday via Twitter a letter to Apple CEO Tim Cook and Alphabet CEO Sundar Pichai … | Raymond Wong / Input: |
Carl Pei says Nothing phone (1) will use the mid-range Snapdragon 778G+, not the high-end 8 Gen 1, citing a balance of cost, performance, and power consumption — By the time Nothing's July 12 launch event for the Phone (1) comes around, there won't be much (if anything) left to announce for the transparent Android smartphone.| Michael Bellusci / CoinDesk: |
CoinFlex CEO Mark Lamb says crypto investor Roger Ver owes the exchange $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty — The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.| Stephen Alpher / CoinDesk: |
MicroStrategy purchased 480 bitcoins at a $20,817 average price from May 3 to June 28, bringing its holdings to 129,699, acquired for ~$3.98B or $30,664 each — The company disclosed the acquisition of another 480 bitcoins, bringing total holdings to 129,699 coins.| Annie Armstrong / Artnet News: |
As crypto enters another winter, Jimmy Fallon, Serena Williams, Reese Witherspoon, Meek Mill, and other celebrities quietly remove their NFT profile pictures — Jimmy Fallon, Shonda Rhimes, Travis Barker, and Meek Mill are among the celebrities who have abandoned their NFT avatars.| Jonathan Stempel / Reuters: |
A federal judge rules former Uber CSO Joe Sullivan must face wire fraud charges for allegedly helping cover up a 2016 hack that exposed the data of 57 million — (Reuters) - A federal judge on Tuesday said a former Uber Technologies Inc security chief must face wire fraud charges … | Wall Street Journal: |
Internal documents from 2021 show Celsius issued large loans backed by little collateral while pitching itself as less risky than a bank with better returns — The lender had little cushion in the event of a downturn or mass withdrawals, investor documents show| David Yaffe-Bellany / New York Times: |
Forbes estimates the 16 richest crypto billionaires lost $59B+ between March and June, led by Binance's Changpeng Zhao, as retail investors suffer heavy losses — No cryptocurrency investor has been spared the pain of plunging prices. But the fallout from more than $700 billion in losses is far from even.| Brendan Murray / Bloomberg: |
Experts express concerns over hackers commandeering ship controls, including automated steering and propulsion systems, despite efforts to address the issues — In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the US Coast Guard.| Lawrence Abrams / BleepingComputer: |
Firefox now offers a way to strip URLs of certain tracking parameters, like from HubSpot, Marketo, and Meta, following similar functionality in Brave Browser — Mozilla Firefox 102 was released today with a new privacy feature that strips parameters from URLs that are used to track you around the web.| Adlan Jackson / New York Times: |
A look at YouTube “media critics”, who use humor to dissect the output of more popular YouTubers, discuss the absurdities of influencers, and more — One of the most popular genres of videos online is to comment on other videos online. Are they comedians or media critics?| Patrick McGee / Financial Times: |
Some VR developers express frustrations with Meta's Quest Store fees, a 30% cut for purchases and 15% to 30% for subscriptions, given Meta's criticism of Apple — Facebook parent faces backlash from developers and accusations of ‘hypocrisy’ over virtual reality store terms| Megha Paul / Tech.eu: |
London-based Cleo, an AI-powered assistant that aims to help Gen Z users improve their financial health and wellbeing, raised an $80M Series C led by Sofina — The British company, which has a US-first growth strategy, will utilise the funding to continue its growth in the U.S., including a significant increase in employee headcount| Bloomberg: |
A profile of ADT, which helps Google sell and install Nest smart home products, ahead of unveiling its ADT+ smart home security software and hardware in 2023 — Kneeling beneath a framed print of Thomas Kinkade's painting A Peaceful Retreat, Roli Chiu, alarm system installer … | Iain Martin / Forbes: |
A look at NGL, an app that lets Instagram users send anonymous DMs, and its content moderation challenges; Data.ai: NGL has 1.75M downloads since November 2021 — A new app that allows Instagram users to send anonymous messages is soaring in popularity - and renewing concerns about cyberbullying … | Christine Hall / TechCrunch: |
New York-based Nautical Commerce, which offers multivendor marketplace tools, raised a $30M Series A led by Drive Capital, bringing its total funding to ~$33.2M — E-commerce marketplaces are big businesses. It was estimated that some $3.2 trillion was spent globally on the top marketplaces in 2021 … | Allyson Versprille / Bloomberg: |
Sources: the Treasury Department and the IRS are likely to postpone a January 2023 starting date for crypto companies to track clients' capital gains and losses — The US government's bid to collect billions of dollars in taxes is hitting a snag, with the Biden administration poised to delay …
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| Ingrid Lunden / TechCrunch: |
| Conor Hale / Fierce Biotech: |
| Katie Jennings / Forbes: |
| Abner Li / 9to5Google: |
| Shannon Liao / Washington Post: |
| Jay Peters / The Verge: |
| Sarah E. Needleman / Wall Street Journal: |