Techmeme
September 27, 2022, 4:25 AM

Top News

Bloomberg:
FTX US has won the auction for bankrupt crypto brokerage Voyager Digital with a bid valued at ~$1.4B, including an “additional consideration” worth ~$111M  —  FTX US, the digital-asset exchange founded by billionaire Sam Bankman-Fried, won the auction for the assets of bankrupt crypto brokerage Voyager Digital Ltd.
Michael McSweeney / The Block:
California, New York, and other states take action against crypto lender Nexo, from sending cease and desists to suing, focusing on interest-bearing accounts  —  A group of U.S. state regulators announced an array of legal actions against crypto lender Nexo on Monday.
Mike Masnick / Techdirt:
A subreddit with 1.5M members, r/PoliticalHumor, challenges Texas' content moderation law by mandating that comments include “Greg Abbott is a little piss baby”  —  Last year, I tried to create a “test suite” of websites that any new internet regulation ought to be “tested” against.
On Substack:
Justin Ling / Wired:
A look at the vote on the new head of the UN's International Telecommunications Union between a US and Russian candidate, and its implications for the open web  —  UN countries are preparing to pick a new head of the International Telecommunications Union.  Who wins could shape the open web's future.
Bill Toulas / BleepingComputer:
Researchers found 75 apps on Google Play and 10 on Apple's App Store that engaged in ad fraud and collectively had 13M installs; Apple and Google removed them  —  Security researchers have discovered 75 applications on Google Play and another ten on Apple's App Store engaged in ad fraud.
Stephanie Bodoni / Bloomberg:
The UK's ICO could fine TikTok £27M after provisionally finding that the company may have breached data protection rules by failing to protect children's data  —  ByteDance Ltd.'s TikTok faces a possible fine of 27 million pounds ($28.9 million) after the UK's privacy watchdog provisionally found …
Romain Dillet / TechCrunch:
Paris-based Regate, which offers an all-in-one platform to manage invoices, expense reports, and payments, raised a $20M series A led by Valar Ventures  —  French startup Regate has raised a $20 million Series A funding round (€20 million) led by Valar Ventures.
Melissa Repko / CNBC:
Walmart debuts metaverse experiences Walmart Land and Walmart's Universe of Play in Roblox, which it calls a testing ground, to try to reach younger shoppers  —  - Walmart is entering the metaverse with two experiences, Walmart Land and Walmart's Universe of Play, in gaming platform Roblox.

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