| Mike Calia / CNBC: |
Kim Kardashian settles with the SEC for $1.26M after not reporting a $250K payment to promote EthereumMax on Instagram and won't promote crypto for three years — - Kim Kardashian agreed to pay more than $1 million to settle SEC charges for failing to disclose a payment she received for touting a crypto asset on Instagram.| Kadhim Shubber / Financial Times: |
Sources: Celsius founder Alex Mashinsky withdrew $10M from the crypto lender weeks before the company froze user accounts; a source says ~$8M was used for taxes — Scrutiny of Alex Mashinsky grows after crypto lender was left with hole in balance sheet — Celsius Network founder Alex … | Takashi Mochizuki / Bloomberg: |
Sources: Sony plans to make 2M PlayStation VR2 units by March 2023, an ambitious target, and has not yet faced supply chain constraints — Sony Group Corp. plans to make 2 million units of the PlayStation VR2 headset by March next year, people familiar with the matter said … | Morgan Meaker / Wired: |
A look at the fake online traffic business, as some ad exchanges look the other way and advertisers are embarrassed to admit they purchased fraudulent inventory — Botmasters have created a Kafkaesque system where companies are paying huge sums to show their ads to bots. And everyone is fine with this.| Cristina Criddle / Financial Times: |
Filings: TikTok's European business reports $990M revenue in 2021, up from $172M in 2020, and a $896M loss due to increased spending on its 4,396 staff — Social media platform records revenues of more than $990mn after recruiting thousands more staff — TikTok increased its European … | Elizabeth Dwoskin / Washington Post: |
From shutting down services only in Texas to letting users opt out of hateful content, tech companies are gaming out responses to the state's social media law — Experts said the measure, which bars companies from moderating content, could prove challenging for platforms to deal with| The Citizen Lab: |
| Kyle Wiggers / TechCrunch: |
Immerok, which is building an Apache Flink-based cloud service for data streaming, raised a $17M seed led by CUSP Capital, 468 Capital, and others — In 2011, the Apache Software Foundation released Flink, a high-throughput, low-latency engine for streaming various data types.| Ivan Levingston / Bloomberg: |
A profile of Checkout.com founder and CEO Guillaume Pousaz, who owns 60% of the $40B London-based payments company and has begun investing in fintech startups — A college dropout from Switzerland has amassed a $14 billion fortune to become one of the country's richest people by creating a rising star in electronic payments.| Adam Coghlan / Eater London: |
Deliveroo partners with UK supermarket Morrisons to open its first physical store in London; customers can shop in-store, collect orders, or get local delivery — Deliveroo is chewing up all of the data. The London-born, one-time restaurant delivery giant — now omnipresent goods-provider … | Financial Times: |
UK-based blockchain gaming startup Improbable, which raised $500M from SoftBank in 2017, is close to raising £100M at a £3B+ valuation, up from £2.5B in 2018 — UK company has abandoned struggle to make video games and turned to creating virtual-world technology| Dan De Luce / NBC News: |
Kentik: Iran's three main mobile operators shut down service for about eight hours in the evening for 10 consecutive days, causing an uptick in landline traffic — Internet freedom activists are scrambling to help Iranians evade Tehran's online crackdown and are urging the U.S. government …
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