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July 14, 2022, 8:00 AM
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memeorandum
WeSmirchTop News
| CNBC: |
Celsius files for Chapter 11 bankruptcy protection in New York, declaring assets and liabilities between $1B and $10B, plus $167M in cash on hand for operations — - Crypto company Celsius has started the process of filing for Chapter 11 bankruptcy protection.
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Business Wire, Bloomberg, Insider, Wall Street Journal, blog.celsius.network, Department of Financial …, Wccftech, CryptoPotato, Engadget, Decrypt, The Block, Cointelegraph, Tech in Asia, Fortune, PYMNTS.com, Cryptonews, Micky, Blockworks, Protocol, SiliconANGLE, CoinDesk, CoinDesk, Reuters, The Verge, CryptoSlate, and Ethereum World News
Tweets: @ben_mckenzie, @aztecempire1520, @ibjiyongi, @celsiusnetwork, @kr00ney, @caseynewton, @silvermanjacob, and @wublockchain
| Financial Times: |
Former staff and internal documents detail Celsius' implosion; its own compliance unit warned of poor oversight and misrepresentation of financial information — When Daniel Leon, one of the founders of Celsius Network, posted a Twitter video addressed to Warren Buffett in January 2021, he was in high spirits.
More:
TechCrunch, The Daily Moon, and Cointelegraph
Tweets: @dirtybubblemed3, @eliotwb, @0x, @bitfinexed, @richardbistrong, and @kadhim
| Bloomberg: |
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Forbes, Fortune, web3lunch, PYMNTS.com, The Block, CryptoSlate, CoinDesk, Decrypt, CryptoPotato, and Reuters
Tweets: @californiadfpi and @minuswells
| Lora Kolodny / CNBC: |
Tesla Senior Director of AI Andrej Karpathy says he is leaving the company after about five years; Karpathy led the computer vision team for Tesla Autopilot — - Tesla's AI leader Andrej Karpathy announced on Wednesday that he is leaving the company. — Karpathy worked …
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Insider, The Information, Wall Street Journal, Electrek, Bloomberg, TESLARATI, Mercury News, Financial Times, Reuters, Benzinga, TechCrunch, Engadget, and The Verge
| Sam Biddle / The Intercept: |
Amazon gave police Ring camera footage 11 times in 2022 without a warrant or permission from Ring owners, saying it sometimes makes a “good-faith determination” — Ring, Amazon's perennially controversial and police-friendly surveillance subsidiary, has long defended …
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Gizmodo, Politico, Vox, Amazon, Senator Edward Markey …, Reuters, Engadget, The Daily Beast, The Guardian, Input, International Business Times, PCMag, TechCrunch, Tech Xplore, and The Hill
Tweets: @alfredwkng, @thomasfuchs, @marshallproj, @docdre, @edmarkey, @samfbiddle, @senmarkey, and @dellcam
| The Verge: |
Netflix names Microsoft as its “global advertising technology and sales partner” for its upcoming ad-supported streaming tier, rumored to arrive later in 2022 — Microsoft will become Netflix's ‘global advertising technology and sales partner’ — Netflix is partnering …
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The Official Microsoft Blog, About Netflix, CNBC, TNW, Bloomberg, Gizmodo, TechRadar, Wall Street Journal, Curioso Mercado, Variety, Digit, BBC, Appleosophy, OnMSFT.com, SlashGear, Agence France-Presse, TechSpot, BGR India, Australian Financial Review, SiliconANGLE, MobileSyrup, PYMNTS.com, Marketing Dive, Seattle Business Journal, MacRumors, The Streamable, Deadline, Tech Xplore, Thurrott, Neowin, Ars Technica, iDownloadBlog.com, IGN, Digital Trends, Engadget, Phandroid, 9to5Mac, ZDNet, Techhive.com, Techaeris, Android Police, TechCrunch, and Hollywood Reporter
Tweets: @satyanadella, @carnage4life, @daveleeft, @kelseymsutton, @jamesclayton5, @fxshaw, @modestproposal1, @xandr, @sherman4949, @aripap, @jfruh, @tsuvik, @azalben, and @xpangler
| Frederic Lardinois / TechCrunch: |
Google Cloud announces a preview of Tau T2A, its first ARM-based virtual machines powered by Ampere Altra, with up to 48 vCPUs, each with up to 4GB of memory — It's been a long time coming, but Google Cloud today announced its first Arm-based VMs, following AWS, with its Graviton instances …
Source:
Google Cloud Blog and Ampere Computing. More:
SiliconANGLE, ZDNet, Reuters, The Register, ServeTheHome, HPCwire, InfoWorld, and Petri IT Knowledgebase. Tweets: @patrickmoorhead
| Cho Mu-Hyun / ZDNet: |
Samsung says it has developed a new GDDR6 DRAM with a 24Gbps data transfer rate, 30% faster than its 18Gbps predecessor, built on its 10nm process using EUV — The new DRAM will allow premium graphics cards to support a data processing rate of up to 1.1TB, Samsung says.
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Samsung Newsroom, The Register, Wccftech, The Korea Herald, SPARROWS NEWS, TechPowerUp, and HPCwire
| Annabelle Dickson / Politico: |
Source: UK's Online Safety Bill is expected to be dropped from parliamentary schedule next week, delaying it until the fall, after Boris Johnson's resignation — LONDON — Progress on Britain's proposed new content regulation law is expected to be delayed until the fall …
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BBC, The Verge, PoliticsHome, The Guardian, TechCrunch, Metro.co.uk, and Politicalfiber.com
| Prarthana Prakash / Bloomberg: |
Over 500 women across the US sue Uber for sexual assault by some drivers, alleging the company knew about sexual misconduct on rides, including rape, since 2014 — Uber Technologies Inc. is being sued by more than 500 women across the US who claim to have been assaulted by drivers on the platform.
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PR Newswire, CNBC, Fox Business, TechCrunch, Engadget, Insider, Forbes, The Daily Beast, CNET, New York Post, San Francisco Business Journal, BBC, and SiliconANGLE
Tweets: @moorehn and @stacyperman
| Reuters: |
TSMC beats Q2 estimates with a net profit of $7.94B, up 76.4% YoY, and total revenue of $18.16B, up 36.6% YoY — Taiwan's TSMC (2330.TW) posted a 76.4% surge in second-quarter profit on Thursday, the biggest jump in earnings in eight quarters that handily beat market estimates …
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South China Morning Post, CNBC, Financial Times, Nikkei Asia, and Bloomberg. Tweets: @tailosivetech
| Joanna Ossinger / Bloomberg: |
JPMorgan: bitcoin's production cost dropped from ~$24K at the start of June to ~$13K now, as miners seek profitability by deploying more efficient mining rigs — Bitcoin's cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen … | Ryan Browne / CNBC: |
UK-based stock trading app Lightyear has raised a $25M Series A led by Lightspeed and is launching in 19 European countries including Germany and France — - Lightyear, a stock trading app based in the U.K., has raised $25 million in fresh funding to expand its presence across Europe.
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TechCrunch, The Block, Tech.eu, ArcticStartup, and AltFi. Tweets: @thekishpatel. Thanks:@ryan_browne_
| Matt Burgess / Wired: |
A look at pro-Russian hacktivist group Killnet, which has launched DDoS attacks against websites in countries supporting Ukraine, including Germany and the US — The pro-Russian group Killnet is targeting countries supporting Ukraine. It has declared “war” against 10 nations.
More:
SC Media
| Kate Park / TechCrunch: |
Kakao says it will remove an external payment link from its KakaoTalk messaging app on Play Store, after Google blocked it from issuing updates on July 6 — South Korean messaging giant Kakao confirmed today it will remove an external payment option after Google blocked the South Korean company behind KakaoTalk from issuing updates.| Amanda Morris / New York Times: |
Many blind users say automated accessibility tools, which are popular due to advances in AI and new legal pressures on companies, make websites harder to use — Companies say their A.I.-powered tools are the best way to fix accessibility problems online, but many blind people find they make websites harder to use.
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