| 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 … | 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 … | 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.| Drew Harwell / Washington Post: |
A study finds 11 data brokers selling data on Americans' mental health information, including on antidepressants and insomnia, likely acquired from app makers — Capitalizing on the pandemic explosion in telehealth and therapy apps that collect details of your mental health needs … | 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.| 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.| 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.| Jamie Crawley / CoinDesk: |
Bakkt plans to shut down its consumer crypto app on March 16, two years after debuting Bakkt App with partners including Starbucks, Best Buy, and Choice Hotels — Users will be able to manage their assets over the web after March 16. — Digital asset platform Bakkt (BKKT) … | Ed Garsten / Forbes: |
Ouster and Velodyne announce the “completion of their merger of equals”, further consolidating the lidar industry, which is key to Level 4 autonomous vehicles — Lidar companies Ouster and Velodyne announced they have combined in a “merger of equals,” further evidence of a consolidation in the high-tech sensor industry.| 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.| Spencer Soper / Bloomberg: |
Marketplace Pulse: Amazon's average cut of each sale passed 50% for the first time, reaching 51.8% in 2022, vs. 48% in 2021, 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 … | Financial Times: |
US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition — Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal — US-based financial technology group FIS …
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up — Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
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.
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| Benj Edwards / Ars Technica: |
| Tiffany Hsu / New York Times: |