Techmeme
March 18, 2023, 4:15 AM

Top News

Georgia Wells / Wall Street Journal:
Sources: some lawmakers and tech executives like Peter Thiel are mobilizing against China's involvement in US tech, ahead of the TikTok CEO's US House testimony  —  Group to meet ahead of TikTok's testimony before Congress  —  A group of Silicon Valley executives, including investor Peter Thiel …
Hailey Fuchs / Politico:
Kris Holt / Engadget:
Meta debuts Verified in the US for $12/month on the web or $15/month on Android/iOS, with a blue badge, proactive impersonation protection, and customer support  —  Meta's paid verification program is available in the US starting today, CEO Mark Zuckerberg wrote on his Instagram channel.
Connie Loizos / TechCrunch:
After SVB froze its deposits, HR software startup Rippling raised a $500M Series E at an $11.25B valuation, same as Series D, taking its total funding to $1.2B  —  As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad has nearly seen it all.  Or so he might have thought until last week.
Bloomberg:
Sources: Coinbase is exploring setting up a crypto trading platform overseas for institutional clients outside of the US, amid increased US scrutiny of crypto  —  Institutional clients of Coinbase Global Inc. have been contacted by the firm about plans to potentially set …
Sara Fischer / Axios:
YouTube lifts its restrictions on Donald Trump's channel, imposed after the January 6 insurrection, after evaluating the “continued risk of real-world violence”  —  YouTube will lift its restrictions on former President Trump's channel Friday, a spokesperson confirmed to Axios.
Ingrid Lunden / TechCrunch:
SVB Financial Group, the holding company for SVB Capital and SVB Securities, files for Chapter 11 and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank …
Charlotte Alter / TIME:
Sources: effective altruism leaders were warned of Sam Bankman-Fried's issues in 2018 and 2019, but they dismissed claims and threatened those raising concerns  —  Leaders of the Effective Altruism movement were repeatedly warned beginning in 2018 that Sam Bankman-Fried was unethical …
New York Times:
Sources: Twitter explored licensing music rights from three major labels but negotiations stalled after Elon Musk's takeover and were abandoned due to costs  —  Twitter didn't move forward with the music licensing deals because of costs, people with knowledge of the matter said.

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