| Derek B. Johnson / SC Media: |
NIST selects four encryption algorithms designed to withstand future quantum computing hacking threats to be part of its post-quantum cryptographic standard — For years, the National Institute for Standards and Technology have been working on a project to identify and vet a handful … | Foo Yun Chee / Reuters: |
EU lawmakers pass the Digital Services Act and the Digital Markets Act, seeking to regulate US tech giants, but limited resources could hamstring enforcement — EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in the power of tech giants such as Alphabet (GOOGL.O) … | Ryan Browne / CNBC: |
Nexo, a crypto lender managing assets for ~4M users, says it signed a term sheet to explore buying Vauld, which halted withdrawals and manages assets for ~100K — - Nexo has signed a term sheet with Vauld giving it 60 days of exclusive talks to explore an all-equity acquisition of the company.| David Pan / Bloomberg: |
Core Scientific, a top bitcoin miner with nearly 10% of the network's hash rate, sold 7,202 mined BTC for $167M in June and now holds 1,959 BTC — Core Scientific Inc., a top crypto miner, sold the bulk of its Bitcoin holdings in June as a steep drop in digital assets squeezes finances for even the leaders of the industry.| Bloomberg: |
Sources: the US is lobbying the Netherlands to ban ASML from selling some of its older deep ultraviolet lithography systems for chip production to China — The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk … | Munsif Vengattil / Reuters: |
Source: Twitter is seeking to overturn some Indian government content takedown orders through a judicial review, alleging abuse of power by officials — Twitter is seeking to overturn some Indian government orders to take down content, a source familiar with the matter said … | Juro Osawa / The Information: |
Sources: Sequoia Capital China is about to raise $9B for four new funds, above its $8B+ target, the largest amount raised by a single China tech-focused VC firm — Sequoia Capital's Chinese affiliate is about to close $9 billion in fresh capital for four new funds, higher than its original target … | Cristina Criddle / Financial Times: |
Sources: TikTok abandons plans to expand its TikTok Shop live e-commerce program to Europe and the US, after internal problems and a lack of traction in the UK — Chinese-owned social media platform's foray into livestream shopping in the UK has struggled to gain traction| Emily Baker-White / Forbes: |
The Senate Intelligence Committee asks the FTC to investigate whether TikTok misled lawmakers about China-based ByteDance employees accessing American user data — China-based employees at TikTok's parent company, ByteDance, repeatedly accessed sensitive U.S. user data … | Financial Times: |
China is rapidly censoring news of the alleged Shanghai police database breach exposing 1B+ people's data; WeChat and Weibo appear to be blocking the topic — Purported leak of personal information of more than 1bn people offered for sale for $200,000 — China is rapidly censoring news … | Sarah Zheng / Bloomberg: |
| Aditya Kalra / Reuters: |
Sources: India's Enforcement Directorate on Tuesday raided Chinese smartphone maker Vivo's offices as part of an investigation into suspected money laundering — India's financial crime-fighting agency on Tuesday raided the offices of smartphone maker Vivo, owned by China's BBK Electronics … | Kyle Wiggers / TechCrunch: |
Voyantis, which develops AI-powered tools to help marketing teams predict a customer's lifetime value, emerges from stealth with a $19M seed — Voyantis, a startup developing tools to estimate a customer's lifetime value, today emerged from stealth with $19 million in seed funding from Target Global … | Ingrid Lunden / TechCrunch: |
UK signs its first data sharing deal post-Brexit, with South Korea, allowing organizations in the two countries to transfer data without restrictions — Six years on from the referendum where the United Kingdom voted to leave the EU, the country is announcing its first international data sharing deal …
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| Taylor Nicole Rogers / Financial Times: |
| Lucas Shaw / Bloomberg: |
| Paul MacInnes / The Guardian: |
| Coco Feng / South China Morning Post: |