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February 13, 2023, 8:40 AM
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WeSmirchTop News
| Wall Street Journal: |
Binance says the NYDFS ordered Paxos to stop issuing more of its Binance USD stablecoin, which has 6.2M holders; Paxos will continue redemptions — Firm will continue to manage redemptions of the product — New York regulators directed a crypto company to stop issuing …
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Paxos, CoinDesk, CoinDesk, CoinDesk, Bloomberg, Blockworks, Decrypt, MarketWatch, Cointelegraph, The Block, CoinDesk, Coinpedia Fintech News, crypto.news, Bitcoin News, Watcher Guru, Ethereum World News, Cryptopolitan, CoinJournal, Coinspeaker, The Block, NewsBTC, The Daily Hodl, Micky, Cointelegraph, CoinGape, CryptoSlate, CryptoPotato, and Forkast
Tweets: @cz_binance, @cz_binance, @gaborgurbacs, @cz_binance, @whale_alert, @cz_binance, @0xfoobar, @binance, @mhonkasalo, @paxosglobal, @silvermanjacob, @cz_binance, @ctolarsson, @austin_federa, @dfauchier, @criptopaul, @dfauchier, @paxosglobal, @paxosglobal, @clara_medalie, @paxosglobal, @vegetacrypto1, @cryptoworldjosh, @kaikodata, @du09btc, @mdudas, @jamyies, @noelleinmadrid, @stackersatoshi, @schuldensuehner, @noelleinmadrid, @noelleinmadrid, @tree_of_alpha, @wublockchain, @tier10k, @ashcryptoreal, @cz_binance, @du09btc, @ninjascalp, @cz_binance, @jamyies, @chainlinkgod, @shvandrew, @defiignas, @wublockchain, @chainlinkgod, @lawmaster, @tranjanofficial, @cz_binance, @tree_of_alpha, @coinmamba, @emilyjnicolle, @3pointo_cap, @peckshieldalert, @ashcryptoreal, @nachotrades, @peckshieldalert, @arturo_p_a, @statelayer, @loopifyyy, @bitfinexed, @fintechfrank, @chadcaff, @emilyjnicolle, @fintechfrank, @emilyjnicolle, @emilyjnicolle, @asvanevik, and @tree_of_alpha
| Wall Street Journal: |
Sources: the SEC told Paxos the agency plans to sue the crypto firm, alleging the Paxos-issued and listed Binance USD stablecoin is an unregistered security — The agency has been intensifying its enforcement of major crypto players — The Securities and Exchange Commission …
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CoinDesk, Cointelegraph, Finbold, Reuters, The Block, DL News, Coinpedia Fintech News, CoinGape, Watcher Guru, Bitcoinist.com, Cryptonews, Coinspeaker, crypto.news, CoinGeek, Inside Bitcoins, Ethereum World News, CryptoPotato, Bitcoin News, Blockworks, CoinJournal, and Forkast
Mastodon: @davidgerard@circumstances.run. Tweets: @wsjmarkets, @milesdeutscher, @johnreedstark, @cz_binance, @ramahluwalia, @thulynnn, @lex_node, @adamscochran, @smtuffy, @eleanorterrett, @peckshieldalert, @safetyth1rd, @adam3us, @adam3us, @jebus911, @milesdeutscher, @wublockchain, @carnage4life, @it_airmass, @northrocklp, @byzgeneral, @illneil, @mdudas, @twobitidiot, @twobitidiot, @bambroughkevin, @cryptodefilord, @starokg, and @twobitidiot
| Mark Gurman / Bloomberg: |
Inside Apple's push to build new financial services, which have suffered from engineering and technical setbacks, leading to slow progress and missed deadlines — Apple's slate of new financial services — including “buy now, pay later” offerings, savings accounts and an iPhone subscription program — have hit delays.
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AppleInsider, 9to5Mac, MacRumors, TechRadar, Wccftech, BGR, Pocket-lint, Tom's Guide, iPhone in Canada Blog, iPhone Hacks, Digital Trends, Neowin, Softpedia News, iThinkDifferent, Gizchina, Cult of Mac, Coinspeaker, SlashGear, 9to5Mac, AppleInsider, and PhoneArena
Tweets: @business, @vadimyuryev, @chriswelch, @paterfamilias, and @markgurman
| Tiffany Hsu / New York Times: |
How a slowing digital ad market, Apple's ATT changes, tech companies' internal turmoil, weak content moderation, and more are contributing to a junk ad epidemic — Scrolling past ads has rarely been enjoyable. But in recent months, people say the experience seems so much worse.
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New York Times. Tweets: @carnage4life, @btshapir, @kantrowitz, @swodinsky, @stevielark, @matthewherper, @eric_seufert, @sandeepramesh, @eric_seufert, @nytimesbusiness, @deaneckles, @samueljscott, @deaneckles, @pkafka, @annehummert, @chrisyandle, @deaneckles, @wexler, @pevans_c, @logorific2, @brianstelter, and @mattgreenfield
| Jonathan Vanian / CNBC: |
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Android Police, ADI Newsletter, and SlashGear
Tweets: @glenngabe, @carnage4life, @lorakolodny, @onelikeapp, @kjgillenwater, @creemer14, @mallik70, and @mattnavarra
| Max Tani / Semafor: |
A look back at Spotify betting hundreds of millions of dollars on podcasts, which CFO Paul Vogel says were a “big drag on our business in 2022” — By 2021, Spotify had paid to sign some of the biggest names in podcasting, and it was ready to start squeezing its competitors.| Kat Tenbarge / NBC News: |
Sex educators, adult stars, and sex workers complain about Instagram, saying Meta's moderation has gotten more punitive and less predictable since SESTA-FOSTA — Cherie DeVille lives in perpetual fear of losing her 3.7 million Instagram followers. — DeVille is a well-known porn star who also has an OnlyFans account.| Financial Times: |
A look at Andy Jassy's challenges running Amazon, down by $1T in market cap since he took over: cutting costs, layoffs, boosting Prime subscribers, and more — Investors joining Amazon's earning call earlier this month were greeted with a surprise guest: the group's chief executive, Andy Jassy.| Emma Roth / The Verge: |
Opera is testing a new ChatGPT-powered “shorten” feature in its browser's sidebar that generates bulleted summaries of the webpage or article being viewed — The feature, called “shorten,” is part of the company's broader plans to integrate AI tools into its browser, similar to what Microsoft's doing with Edge.
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Opera News, ZDNet, PCMag, CoinGape, MSPoweruser, Livemint, iPhone in Canada Blog, Engadget, Thurrott, 9to5Google, Appuals.com, Slashdot, CNBC, TechRadar, Digital Trends, BGR, gHacks Technology News, Neowin, and Tech Startups
Tweets: @opera, @sama, @chronotope, @kantrowitz, @glenngabe, @chrismessina, @tomwarren, @gdb, @pbcinc, @parkerortolani, @austinnotduncan, and @fairlight_cap
| Wired: |
Publishers worry that Microsoft's and Google's search chatbots, which summarize key info from articles, may undermine their businesses and spread misinformation — Microsoft's new search interface can serve up key information from articles, removing the need to click—and potentially undermining publisher business models.| Benj Edwards / Ars Technica: |
A Stanford student used a prompt injection attack to reveal Bing Chat's codename Sydney and its initial prompt that governs how the service interacts with users — By asking “Sydney” to ignore previous instructions, it reveals its original directives. — On Tuesday, Microsoft revealed a …
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Forbes, MSPoweruser, Yaro on Web3 …, and Slashdot
Tweets: @noahsussman, @harrymccracken, and @joernchen
| Monica Chin / The Verge: |
Razer Blade 18 review: gigantic QHD, 16:10, 240Hz display, upgradeable RAM and SSD, and lots of power, but incredibly pricey at $3,800 and mediocre battery life — It's the ultimate big-screen gaming experience for the ultimate price. … Razer has made big laptops in the past — but they apparently weren't big enough.
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MakeUseOf, IGN, Tom's Guide, Engadget, and Online's Substack
| Financial Times: |
Tracxn: foreign VC funding in Indian tech startups fell nearly 40% YoY to $25.7B in 2022; Tiger Global, SoftBank, and Sequoia more than halved their investments — Foreign venture capital investment dropped 40% in 2022 and IPO pipeline has dried up — Tech investors in India are struggling …
Tweets: @tanarrowz
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