Techmeme
July 15, 2022, 9:10 PM

Top News

Jef Feeley / Bloomberg:
Filing: Elon Musk's lawyers say Twitter is unfairly pushing for a “warp speed” four-day trial in September and ask for a court date in February 2023 or later  —  Elon Musk's lawyers say Twitter Inc. officials are unfairly pushing for a “warp speed” trial over claims …
Kadhim Shubber / Financial Times:
In a court filing, CEO Alex Mashinsky said Celsius was owed $439M by a “private lending platform”, which sources say is specialist finance company EquitiesFirst  —  Specialist finance group owes $439mn to digital assets lender  —  A mysterious debtor to Celsius Network referenced …
Bloomberg:
Celsius' Chapter 11 filing shows that its biggest creditor, to which it owes $81.1M, is obscure fund Pharos, which has staff with links to Sam Bankman-Fried  —  Among the more than 100,000 creditors of Celsius Network Ltd., the crypto lender that filed for bankruptcy on Wednesday, one entity stands out: Pharos USD Fund SP.
Yueqi Yang / Bloomberg:
Jon Brodkin / Ars Technica:
FCC Chair Jessica Rosenworcel proposes a US broadband standard of 100Mbps down and 20Mbps up; the proposal requires a vote in the currently deadlocked FCC  —  Pai FCC said 25Mbps down and 3Mbps up was enough—Rosenworcel proposes 100/20Mbps.  —  Federal Communications Commission Chairwoman …
Ryan Tracy / Wall Street Journal:
TikTok says its global CSO Roland Cloutier will step down in September to take an advisory role, and that the move is not related to security concerns in the US  —  Roland Cloutier to take advisory role; Kim Albarella, head of security risk, tapped as interim CSO
Ivan Mehta / TechCrunch:
Twitter is testing custom timelines built by developers that list content around specific themes, starting with one about The Bachelorette in the US and Canada  —  Twitter is testing a new feature that will show users custom timelines built by developers that will merge Tweets …
Dan Goodin / Ars Technica:
Chainalysis: the 30-day moving average of crypto sent to mixers hit a record $51.8M in April 2022, as funds from sanctioned and criminal groups almost doubled  —  Despite a significant Achilles' heel, mixers are seeing unprecedented demand.  —  The amount of cryptocurrency flowing …
Kyle Wiggers / TechCrunch:
Boston-based Robin, which makes office reservation software, has raised a $30M Series C led by Tola Capital, bringing its total funding to more than $59M  —  Thanks to the pandemic, teams are more distributed than ever.  For some companies, that's led to a disconnect between lower-level employees …
More: FinSMEs
Brian Steinberg / Variety:
Disney plans to raise ESPN+'s monthly subscription from $6.99 to $9.99 and its annual price from $69.99 to $99.99, 43% increases, starting on August 23, 2022  —  The Disney-backed streaming-video sports service intends to raise its monthly subscription fee by $3 a month …

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