Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
June 30, 2022, 3:25 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Kate Rooney / CNBC:
Sources: FTX is close to finalizing a term sheet to buy BlockFi for around $25M; BlockFi was last valued at $4.8B, per PitchBook  —  - Crypto exchange FTX is close to finalizing a term sheet to buy BlockFi and a deal is expected to be signed by the end of this week, three sources familiar with the situation told CNBC.
Yogita Khatri / The Block:
Source: FTX walked away from a deal with Celsius after finding the crypto lender had a $2B hole in its balance sheet and was difficult to deal with  —  - FTX was interested in making a deal with Celsius but walked away because of the state of its finances, two sources told The Block.
Yueqi Yang / Bloomberg:
CoinFlex postpones resuming withdrawals; CEO says they will return “as soon as possible, upon a successful raise” but won't share how much its token has raised  —  Cryptocurrency exchange CoinFlex won't resume withdrawals Thursday as it had planned as it continues to raise funds …
CoinDesk:
Sources: digital asset trading company Genesis is potentially facing “a few hundred million dollars” in losses, partly through exposure to 3AC and Babel Finance
Rita Liao / TechCrunch:
OpenSea warns all its users of email phishing attempts after an employee at email vendor Customer.io downloaded and sent email details to an external party  —  Opensea, the popular NFT marketplace that hit a colossal $13 billion valuation in January, is warning users of email phishing after a data breach.
Stephen Nellis / Reuters:
Apple's CarPlay update, demoed at WWDC 2022, will let users tap an app to navigate to a pump and buy gas from its dashboard as early as this fall  —  Apple Inc (AAPL.O) wants you to start buying gas directly from your car dashboard as early as this fall, when the newest version …
Joanna Ossinger / Bloomberg:
Bitcoin is on track for its worst quarter since Q3 2011, plunging 58%, after sliding 6%+ to fall below $19,000 on Thursday, the second time in a fortnight  —  Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment.
Ari Notis / Kotaku:
Unity lays off “slightly more than 200 people”, or 4% of its workforce, two weeks after the CEO said at an all-hands meeting that there would not be any layoffs  —  Management at the company behind the free game development engine has been a ‘shit show’ recently, sources say
Joyce Lee / Reuters:
Samsung becomes the first company to mass produce 3nm chips, beating TSMC, touting up to 45% lower power usage over 5nm chips, 23% more performance, and more  —  Samsung Electronics Co Ltd (005930.KS) said on Thursday it has begun mass producing chips with advanced 3-nanometre technology …
Filipe Espósito / 9to5Mac:
Apple says South Korean app developers can now use external payment methods from KCP, Inicis, Toss, and NICE by submitting a new app version, saving 4% in fees  —  Earlier this year, Apple announced that it would comply with a new law in South Korea that required the company to allow third-party payment providers in App Store apps.
Jon Porter / The Verge:
Google updates its built-in password manager for Chrome and Android with the option to manually add passwords across all platforms, a unified design, and more  —  A ‘simplified and unified management experience’ is also on the way  —  Google is updating its built-in password manager …
Reuters:
An investigation details an Indian hacking-for-hire scheme to obtain documents in legal cases, starting in 2013 and targeting 100+ US and European organizations  —  A trove of thousands of email records uncovered by Reuters reveals Indian cyber mercenaries hacking parties involved …
Bloomberg:
Filing: ex-Apple retail chief Ron Johnson's at-home tech setup company Enjoy files for bankruptcy, less than a year after its SPAC merger, and sells to Asurion  —  Enjoy Technology Inc., a retail startup founded by former Apple Inc. executive Ron Johnson, filed for bankruptcy on Thursday …
Karen Weise / New York Times:
Documents show Amazon has restricted items and search results related to LGBTQ people and issues in the UAE, after the Emirati government threatened penalties  —  Sales of items including flags and books were blocked in the country, where homosexuality is criminalized.  — Give this article- - - Read in app
Nikhilesh De / CoinDesk:
Grayscale Investments sues the US SEC after the agency rejected its application on Wednesday to convert its flagship Grayscale Bitcoin Trust product to an ETF  —  The SEC rejected Grayscale's application to convert its Grayscale Bitcoin Trust to an exchange-traded fund earlier Wednesday.
Wired:
Section 230 is the last line of defense for abortion speech online, without which platforms could face legal liability for distributing abortion information  —  Dobbs should be a wake-up call for anyone seeking to undercut the immunity protections afforded by Section 230 of the Communications Decency Act.
Brody Ford / Bloomberg:
How Zoom is refocusing on business software to revive growth after two years of trying to monetize demand from consumers, many of whom stuck with free calls  —  Zoom Video Communications Inc. is navigating life after the pandemic by acting like the past two years never happened.
TechCrunch:
Meta says it is rolling out NFT support on Facebook, allowing select US creators to display NFTs on their profiles, after adding the feature to Instagram in May  —  After debuting NFT support on Instagram in May, Meta has launched digital collectibles support on Facebook with select creators.
Tweets: @larakiara
Financial Times:
An investigation details an operation by Chinese hacking group APT40 to lure graduates who studied English into translating stolen documents via a front company  —  FT investigation reveals student translators were targeted by front company for Beijing-backed hacking group APT40

Sponsor Posts

Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence  —  What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
Zoho Books now supports CT600 & Final Accounts Filing as an add-on in the FREE plan  —  Managing end-of-year filing for limited companies in the UK is often expensive and multi-layered.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Great Chat:
 The launch industrial complex
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
 Can AI Keep Growing Exponentially? Let's Ask SemiAnalysis — With Dylan Patel and Jordan Nanos
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
 Larry Ellison's Media Ambitions & Kevin Roose on AI's Biggest Gamble
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Training Data:
 Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
 Andrew Huberman - The Frontier of Neurotechnology
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Sources:
 Reflection's founders on building a DeepSeek of the West
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:25 PM ET, June 30, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Bloomberg:
Filings: David Ellison and his family invested about $17B in the WBD acquisition, on top of the $8B they invested alongside RedBird to buy Paramount

Paul Glynn / BBC:
The BBC plans to cancel five Radio 4 shows, including the long-running You and Yours, and to reduce Radio 5 Live commissioning, as it seeks £500M in savings

Naman Ramachandran / Variety:
SF-based Sonilo, an AI audio startup whose model generates music and sound effects to match what happens on screen, raised $11M led by B Capital

More News

Zeke Faux / Bloomberg:
An in-depth look at the 2016 Bitfinex hack and US government's case against Ilya Lichtenstein and Heather Morgan, aka Razzlekhan, over alleged money laundering

Earlier Picks

Financial Times:
Officials in Zhengzhou, China, used a location-based health code system to prevent protests by forcing 1,000+ depositors of failing rural banks to quarantine
Aisha Counts / Protocol:
Google Workspace head Javier Soltero, who managed Google's productivity and collaboration tools including Gmail and Meet, is leaving the company on July 15
Wall Street Journal:
Researchers warn that some businesses exaggerate AI's capabilities, brewing misunderstanding and distorting policymakers' views of AI's power and fallibility
Bloomberg:
EU lawmakers provisionally agree on anti-laundering rules for crypto, requiring verified customer identities for transfers between regulated digital wallets
Sam Biddle / The Intercept:
Documents: Coinbase sold its intelligence-gathering tool Coinbase Tracer to ICE, letting the agency track bitcoin, ether, tether, and other crypto transactions
Margi Murphy / Bloomberg:
Elliptic: North Korea-backed hacking group Lazarus could be behind Harmony's ~$100M altcoin theft; the hack bore similarities to the $600M Ronin bridge attack
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter