August 16, 2023, 12:10 PM

Top News

Timmy Shen / The Block:
Coinbase says the exchange received regulatory approval from the CFTC-backed National Futures Association to offer futures trading services to eligible US users  —  - Coinbase is now allowed to operate as a futures commission merchant and offer eligible U.S. customers access to crypto futures from its platforms, the company said.
Sankalp Phartiyal / Bloomberg:
Sources: Foxconn's Tamil Nadu plant in India plans to deliver new iPhone 15s only weeks after Chinese factories; previously, output lagged China by 6-9 months  —  - Apple is diversifying iPhone supply chain away from China  — India's push to become a manufacturing hub is bearing fruit
Financial Times:
Intel ends its $5.4B deal to buy Israeli company Tower Semiconductor after failing to win Chinese regulatory approval; Intel announced the deal in February 2022  —  - Deal for Tower Semiconductor needed Chinese antitrust approval  —  Intel Corp. walked away from its attempt …
Washington Post:
X added five-second delays, some now removed, on links to Instagram, Facebook, Threads, Bluesky, Substack, the NYT, Reuters, and other sites Musk attacks  —  The site formerly known as Twitter has added a five-second delay when a user clicks on a shortened link to the New York Times …
Jay Peters / The Verge:
Users of X Pro, previously TweetDeck, report encountering X Blue paywalls to use the service; X said on July 3 that “in 30 days” X Pro would be subscriber-only  —  X, the social network formally known as Twitter, appears to be finally following through on its promise to make TweetDeck a paid service.
Kif Leswing / CNBC:
Apple backtracks and moves the “end call” button back to the middle of the screen, from the bottom-right corner, in the latest iOS 17 beta  —  - Apple has moved the end call button back to the middle of the screen in the the newest developer version of iOS 17 released on Tuesday.
Hannah Miller / Bloomberg:
Crypto key startup BitGo raised $100M at a $1.75B valuation from undisclosed US and Asian investors; Galaxy Digital scrapped a $1.2B BitGo acquisition in 2022  —  The crypto company raised $100 million from new investors, emphasizing its focus on following rules and regulations.
Alexandra Alter / New York Times:
By the end of August, the EU plans to use the DSA to force online platforms with 45M+ EU users to prove they are ensuring their products aren't harming children  —  Glazed eyes.  One syllable responses.  The steady tinkle of beeps and buzzes coming out of a smartphone's speakers.
Yuka Hayashi / Wall Street Journal:
The US Commerce Department forms a team of financiers from Goldman Sachs, Blackstone, KKR, and other Wall Street firms to help allocate $39B in chip subsidies  —  Talent from Goldman Sachs, KKR and Blackstone will help determine how $39 billion in semiconductor chip subsidies are allocated

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This is a Techmeme archive page. It shows how the site appeared at 12:10 PM ET, August 16, 2023.

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