Techmeme
August 16, 2022, 11:40 PM

Top News

Eric Jardine / Chainalysis:
Analysis: in 2022 through July, crypto transaction volumes are lagging behind 2021; illicit volumes are down 15% YoY and legitimate volumes are down 36% YoY  —  2022 has been a tumultuous year for cryptocurrency markets, with significant price declines across all currencies in May and June.
Sam Kim / Bloomberg:
TrendForce: DRAM bit growth, a key barometer for chip market demand that refers to the amount of memory produced, to rise 8.3% in 2023, the weakest on record  —  Mounting concern over semiconductor demand is sending shudders through North Asia's high-tech exporters, which historically serve …
Ian King / Bloomberg:
Kathrin Hille / Financial Times:
Kadhim Shubber / Financial Times:
Sources: ahead of a Fed meeting in January, Celsius CEO Alex Mashinsky personally directed individual trades, overruling executives, leading to large losses  —  In January, Celsius Network boss Alex Mashinsky gathered his investment team to tell them he would be taking control …
Annie Palmer / CNBC:
Amazon tells merchants using Fulfillment by Amazon to pay a fee of 35¢ per item sold in the US and Canada from October 15 to January 22, citing rising expenses  —  - Amazon is raising fulfillment fees during the holiday shopping period as the company contends with rising costs.
Sara Fischer / Axios:
Oracle begins “regular vetting and validation” of TikTok's algorithms and content moderation models to ensure they aren't manipulated by Chinese authorities  —  Oracle has begun vetting TikTok's algorithms and content moderation models to ensure they aren't manipulated by Chinese authorities, Axios has learned.
David Pan / Bloomberg:
Top publicly-traded US bitcoin miners Core Scientific, Marathon Digital, and Riot Blockchain lost $862M, $192M, and $366M in Q2 respectively after impairments  —  The three-largest US publicly traded Bitcoin mining companies lost over $1 billion in the second quarter after taking a series …
Kate O'Keeffe / Wall Street Journal:
Analysis: of the US exports to China that required a license in 2020, the Commerce Department approved 94%, or 2,652, applications for tech exports  —  Critics say the Commerce Department-led export-controls process needs an urgent overhaul, while others say the U.S. needs allies on board first
Carly Page / TechCrunch:
Signal says attackers accessed the phone numbers and SMS verification codes for around 1,900 users as part of the recent Twilio breach  —  End-to-end encrypted messaging app Signal says attackers accessed the phone numbers and SMS verification codes for almost 2,000 users as part of the breach at communications giant Twilio last week.

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More News

Anya Schiffrin / Poynter:
Devon Zuegel / Freethink:
Daniela Wei / Bloomberg:
Tracy Wang / CoinDesk:
Joe Flint / Wall Street Journal:
Mary Ann Azevedo / TechCrunch:

Earlier Picks

Nathan Grayson / Washington Post:
Reuters:
Dave Lee / Financial Times:
Sarah Krouse / Wall Street Journal:
Mark Gurman / Bloomberg:
Todd Spangler / Variety: