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Techmeme
July 7, 2022, 9:10 PM
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Top News

Washington Post:
Sources: Elon Musk's deal to buy Twitter is in serious jeopardy as his team concluded that spam account figures aren't verifiable using Twitter's data firehose  —  Talks with investors have cooled in recent weeks and Musk's camp believes it can't confirm Twitter's claims about spam accounts
Adi Robertson / The Verge:
Meta plans to stop requiring Facebook IDs to log into Quest devices starting in August 2022 and will roll out “Meta accounts” for new and existing Quest users  —  They'll require a Meta account instead  —  Meta is introducing a new account system for its virtual reality headsets …
Immanual John Milton / Bloomberg:
Glassnode: bitcoin blockchain activity has dropped 13% from November 2021 to July 2022; balances at exchanges are down 20%+ from a January 20 peak  —  As the crypto winter deepens, only the staunchest Bitcoin investors are still holding onto their tokens — but not on the exchanges.
Tom Warren / The Verge:
Twitter starts testing a CoTweets feature that lets two accounts co-author a tweet, with both accounts tagged in a single tweet, an idea it explored in March  —  Twitter says it's testing CoTweets for a limited time  —  Twitter has started testing a new CoTweets feature this week with users of the social network.
Ivan Mehta / TechCrunch:
Reddit launches an NFT-based avatar marketplace with 90 profile pictures available for purchase at a fixed price, expanding on support for Ethereum-based NFTs  —  Reddit is launching a new NFT-based avatar marketplace today that allows you to purchase blockchain-based profile pictures for a fixed rate.
CNBC:
GameStop fires CFO Mike Recupero and is laying off staff across departments; a source says chairman Ryan Cohen pushed out Recupero  —  - GameStop has fired its Chief Financial Officer, Mike Recupero.  — It's making staff cuts across departments as part of an effort to turn around the videogame retailer.
Sergiu Gatlan / BleepingComputer:
In a joint advisory, the FBI, CISA, and the US Treasury Department warn North Korea-backed hackers are using Maui ransomware to attack healthcare organizations  —  The FBI, CISA, and the U.S. Treasury Department issued today a joint advisory warning of North-Korean-backed threat actors using Maui ransomware …
Benjamin Pimentel / Protocol:
Binance.US names ex-Acorns CFO and COO Jasmine Lee as its CFO, as the company prepares for an IPO in the next two to three years  —  Binance.US has named a new CFO, sending a strong signal that the crypto company is gearing up to go public.  Jasmine Lee, who previously served as CFO …
Kyle Wiggers / TechCrunch:
Traba, a jobs board for workers to find shifts at fulfillment centers and event venues, has raised a $20M Series A led by Khosla at a $120M post-money valuation  —  Traba, a jobs board designed to help entry-level workers find available shifts at fulfillment centers and event venues …
Andrew Mendez / TechCrunch:
SpaceX debuts Starlink Maritime, a yacht-focused satellite internet service with speeds up to 350 Mbps, for $5K/month and a $10K one-time hardware fee  —  Having conquered orbit, SpaceX's next venue seems to be the high seas, through a special yacht-focused sub-brand of its satellite internet service called Starlink Maritime.
Max Colchester / Wall Street Journal:
The FBI and MI5 issue a rare joint statement warning tech companies of China's large-scale state-sponsored hacking and a global network of agents to steal IP  —  Officials say Beijing employs large-scale hacking and global network of agents to steal Western technology; U.S. also warns about efforts to influence policy-making

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:10 PM ET, July 7, 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

Dan Milmo / The Guardian:
A change to the proposed UK Online Safety Bill would stop platforms like YouTube and Facebook from taking down news content before letting the publisher appeal
Bloomberg:
Sources: SoftBank's Rajeev Misra is stepping back from the organization but will remain CEO of the first Vision Fund; Misra has secured $6B+ for his own fund
Bloomberg:
Tech companies are too slow at preventing users from spreading videos and images that analyze and celebrate mass shooters, potentially inspiring future attacks

Earlier Picks

Cheyenne Ligon / CoinDesk:
The US Office of Government Ethics issues a legal advisory barring federal workers who own crypto from working on cryptocurrency-related policy and regulation
Bloomberg:
Voyager Digital files for Chapter 11 bankruptcy in New York, estimating it has 100,000+ creditors and $1B-$10B in assets; SBF's Alameda is its main creditor
Joe Rossignol / MacRumors:
Apple announces Lockdown Mode in iOS 16, iPadOS 16, and macOS Ventura to protect against “highly targeted cyberattacks” by disabling features, apps, and more
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