May 6, 2024, 10:15 AM

Top News

Anthony Ha / TechCrunch:
Bluesky confirms Jack Dorsey's departure from its board and says it is searching for a new board member  —  It sounds like Bluesky's most prominent backer is no longer on its board.  —  On Saturday, Jack Dorsey posted on X about grants for open protocols from his philanthropic Start Small initiative.
Emily Nicolle / Bloomberg:
Visa and Allium Labs: less than 10% of stablecoin transactions are “organic payments activity”, which excludes activities from bots and large-scale traders  —  - Less than 10% of stablecoin transactions are “organic:” Visa  — PayPal, Stripe are among fintechs expanding in stablecoins
Pieter Haeck / Politico:
The EU's crackdown on Huawei shows an EU-wide TikTok ban will likely take years of diplomacy, as the bloc lacks a formal say over national security concerns  —  Of all the shots Europe is firing at China, the threat of a blanket TikTok ban is likely to only scuff Beijing.
Aoyon Ashraf / CoinDesk:
Filing: Robinhood's crypto arm got a Wells notice from the SEC on May 4; Robinhood says it has already ended support for tokens named in previous SEC lawsuits  —  The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.
Carl Franzen / VentureBeat:
Hugging Face launches LeRobot, an open-source robotics code library, after hiring former Tesla scientist Remi Cadene to lead its open-source robotics project  —  Earlier this year, in March 2024, the AI developer-focused startup Hugging Face — known for maintaining the largest online repository …
Anthony Ha / TechCrunch:
Meta launches quote post controls for all Threads users, letting them allow quotes from everyone on Threads, only the people they follow, or disable quote posts  —  Threads users can now exert more control over who can quote their posts.  —  This builds on a feature that already allows Threads users …
Tassilo Hummel / Reuters:
Atos says it received four distinct offers to restructure its debt and inject cash from investors including Atos' banks and its largest shareholder Onepoint  —  Debt-laden French IT company Atos on Monday confirmed it had received four distinct offers from investors to restructure its debt …

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More News

Charlie Warzel / The Atlantic:

Earlier Picks

Muyao Shen / Bloomberg:
Oliver Whang / New York Times:
Rina Diane Caballar / IEEE Spectrum:
Jessica Lucas / The Verge:
Tara Copp / Associated Press: