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February 13, 2023, 10:40 AM
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WeSmirchTop News
| Wall Street Journal: |
Binance says the NYDFS ordered Paxos to stop issuing more of its BUSD stablecoin, which has 6.2M holders; Paxos will continue redemptions and cut Binance ties — Firm will continue to manage redemptions of the product — New York regulators directed a crypto company to stop issuing …
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Paxos, Bloomberg, CoinDesk, Gizmodo, CoinDesk, CoinDesk, The Block, Unchained, Blockworks, Decrypt, Reuters, MarketWatch, CNBC, CoinDesk, CryptoPotato, CoinJournal, CryptoSlate, CoinGape, Cryptopolitan, NewsBTC, Coinpedia Fintech News, Bitcoin News, Watcher Guru, Ethereum World News, Cointelegraph, crypto.news, The Block, Micky, and Forkast
Tweets: @cz_binance, @cz_binance, @cz_binance, @cz_binance, @whale_alert, @cz_binance, @gaborgurbacs, @matthew_d_green, @whale_alert, @paxosglobal, @news_of_alpha, @adamscochran, @yueqi_yang, @muyaoshen, @adamscochran, @mdudas, @satoshiflipper, @tier10k, @adamscochran, @fintechfrank, @tree_of_alpha, @0xfoobar, @ashcryptoreal, @binance, @mhonkasalo, @silvermanjacob, @cz_binance, @cz_binance, @stackersatoshi, @noelleinmadrid, @jamyies, @wublockchain, @chainlinkgod, @shvandrew, @cryptoworldjosh, @defiignas, @schuldensuehner, @dfauchier, @mdudas, @clara_medalie, @wublockchain, @paxosglobal, @kaikodata, @ctolarsson, @dfauchier, @chainlinkgod, @lawmaster, @tier10k, @tranjanofficial, @cz_binance, @tree_of_alpha, @coinmamba, @emilyjnicolle, @3pointo_cap, @peckshieldalert, @ashcryptoreal, @nachotrades, @paxosglobal, @peckshieldalert, @du09btc, @ninjascalp, @arturo_p_a, @statelayer, @jamyies, @tree_of_alpha, @du09btc, @loopifyyy, @noelleinmadrid, @austin_federa, @bitfinexed, @fintechfrank, @chadcaff, @vegetacrypto1, @emilyjnicolle, @noelleinmadrid, @emilyjnicolle, @emilyjnicolle, @criptopaul, @asvanevik, @paxosglobal, 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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The Information, CoinDesk, Cointelegraph, Finbold, The Block, Bitcoinist.com, Crypto is Macro Now, Cryptopolitan, Coinpedia Fintech News, Watcher Guru, Inside Bitcoins, NewsBTC, Cryptonews, Ethereum World News, CoinGape, CryptoPotato, Bitcoin News, Blockworks, crypto.news, CoinJournal, DL News, CoinGeek, Coinspeaker, Forkast, and CryptoSlate
Mastodon: @davidgerard@circumstances.run. Tweets: @wsjmarkets, @milesdeutscher, @fintechfrank, @ryansadams, @cz_binance, @thulynnn, @johnreedstark, @twobitidiot, @ramahluwalia, @pt, @jesse_hynes, @lex_node, @adamscochran, @eleanorterrett, @milesdeutscher, @wublockchain, @smtuffy, @carnage4life, @it_airmass, @northrocklp, @byzgeneral, @adam3us, @illneil, @mdudas, @adam3us, @twobitidiot, @bambroughkevin, @cryptodefilord, @starokg, @safetyth1rd, @twobitidiot, @peckshieldalert, and @jebus911
| 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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Macworld, AppleInsider, 9to5Mac, MacRumors, TechRadar, Wccftech, Redmond Pie, BGR, Pocket-lint, Tom's Guide, Digital Trends, Softpedia News, iThinkDifferent, iPhone in Canada Blog, iPhone Hacks, Cult of Mac, Coinspeaker, Neowin, Gizchina, SlashGear, 9to5Mac, AppleInsider, and PhoneArena
Tweets: @vadimyuryev, @chriswelch, @paterfamilias, @markgurman, and @business
| 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.| 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, @eric_seufert, @sandeepramesh, @eric_seufert, @nytimesbusiness, @samueljscott, @deaneckles, @pkafka, @deaneckles, @stevielark, @matthewherper, @annehummert, @chrisyandle, @deaneckles, @wexler, @pevans_c, @logorific2, @brianstelter, and @mattgreenfield
| Jonathan Vanian / CNBC: |
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ADI Newsletter and SlashGear
Tweets: @glenngabe, @carnage4life, @lorakolodny, @onelikeapp, @kjgillenwater, and @mattnavarra
| Ashley Capoot / CNBC: |
Twilio plans to cut around 17% of its workforce, or roughly 1,500 jobs, after laying off 11% in September 2022 and will form two units to aide efficiency — - Twilio on Monday announced plans to cut about 1,500 employees, or around 17% of its workforce, according to a blog post shared on the company's website.
More:
Twilio Blog and Reuters
| 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.| Spencer Soper / Bloomberg: |
Marketplace Pulse: in a first, Amazon's average cut of each sale reached 51.8% in 2022, up from 48% in 2021, 45.8% in 2020, 40% in 2017, and 35.2% in 2016 — Grappling with slowing sales growth and rising costs, Amazon.com Inc. is squeezing more money from the nearly 2 million small businesses … | Shenghao Bai / Counterpoint Research: |
Analysis: the blended bill of materials for the iPhone 14 Pro Max 128GB is $464 total, up 3.7% on the 13 Pro Max, with 22% down to Apple's A16 and other chips — - The blended bill of materials (BoM) cost for the iPhone 14 Pro Max with 128GB Nand flash is about $464, a 3.7% increase from that of the iPhone 13 Pro Max.
More:
9to5Mac, AppleInsider, MacDailyNews, and GSMArena.com
| Belle Lin / Wall Street Journal: |
Uber strikes two seven-year deals with Google Cloud and Oracle to host its IT infrastructure; an Uber executive says 95% of its IT is hosted on its own servers — Two seven-year deals will help ride-hailing company end reliance on its own data centers — Uber Technologies Inc. plans … | 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.Sponsor Posts
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Zoho:
Zoho Webinar: A look back at 2025 — As 2025 comes to a close, it's the perfect time to look back at how Zoho Webinar has transformed the way businesses connect, engage, and grow.
Zoho Webinar: A look back at 2025 — As 2025 comes to a close, it's the perfect time to look back at how Zoho Webinar has transformed the way businesses connect, engage, and grow.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
The Talk Show With John Gruber:
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The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
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Channels with Peter Kafka:
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