The EU agrees on new crypto rules, including measures guarding against market abuse and requiring crypto firms to disclose environmental impacts of their assets
MiCA law contains measures to guard against market abuse and manipulation — The EU has moved to rein in the “wild west” …
Sources: FTX is close to finalizing a term sheet to buy BlockFi for ~$25M and a deal could be signed by July 1; PitchBook: BlockFi was valued at $4.8B in 2021
- Crypto exchange FTX is close to finalizing a term sheet to buy BlockFi and a deal is expected to be signed by the end of this week …
The FCC authorizes SpaceX to provide Starlink satellite internet to vehicles in motion, including commercial airlines, shipping vessels, semitrucks, and RVs
- The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion …
Kaspersky researchers found malware used in the wild since at least March 2021 to backdoor Microsoft Exchange servers of government and military organizations
Attackers used a newly discovered malware to backdoor Microsoft Exchange servers belonging to government and military organizations from Europe …
Biden to award a posthumous Medal of Freedom to Steve Jobs for changing the way the world communicates and transforming the computer, music, and film industries
The Biden Administration has announced the recipients of the Presidential Medal of Freedom for this year.
Raspberry Pi announces the Pico W, a $6 microcontroller equipped with an 802.11n Wi-Fi radio, powered by an Infineon CYW43439 chip with Bluetooth disabled
It's the Pico, but it knows about the network — Raspberry Pi has introduced a successor to last year's Pico …
Former Apple lawyer Gene Levoff pleads guilty to insider trading; Levoff allegedly traded before quarterly earnings from 2011 to 2016 and was fired in 2018
The former top corporate lawyer at Apple Inc (AAPL.O) pleaded guilty on Thursday to insider trading charges, for what prosecutors called …
Meta says Instagram is testing a change with select users that turns video posts into Reels, as part of “efforts to simplify and improve the video experience”
Instagram is testing a change that turns video posts into Reels, the company confirmed to TechCrunch.
Google settles a lawsuit by agreeing in part to put $90M in a fund for US app developers who made $2M or less in annual Play Store revenue from 2016 to 2021
Alphabet Inc's (GOOGL.O) Google has agreed to pay $90 million to settle a legal fight with app developers over the money …
OpenSea warns all its users of email phishing attempts after an employee at email vendor Customer.io downloaded and sent email details to an external party
Rita Liao / TechCrunch : Source: OpenSea Blog .
Netflix executives say they don't plan to change programming; two bank analysts say a cheaper ad-supported tier could cannibalize the higher-paying subscribers
Long Hollywood's leading innovator, the streaming service is staying the course, despite serious challenges to its business and questions about its content.
In a weekly Q&A, Mark Zuckerberg told staff that Meta reduced its target for hiring engineers in 2022 to around 6K-7K, down from an initial plan to hire ~10K
Katie Paul / Reuters :
European Commission says Amazon has agreed to drop “dark patterns” in the process required for canceling Prime membership across its sites in the EU
Amazon has agreed to simplify the process required for cancelling its Prime membership subscription service across its sites …
Filing: ex-Apple retail chief Ron Johnson's at-home tech setup company Enjoy files for bankruptcy, less than a year after its SPAC merger, and sells to Asurion
Bloomberg :
Over 10 Chinese entities establish openKylin, an open-source code community to develop a homegrown desktop OS and reduce China's reliance on Windows and macOS
The city has matured considerably despite being new to governing itself following the handover in 1997.
Bitcoin is on track for its worst quarter since Q3 2011, plunging 58%, after sliding 6%+ to fall below $19,000 on Thursday, the second time in a fortnight
Joanna Ossinger / Bloomberg :
CoinFlex postpones resuming withdrawals; CEO says they will return “as soon as possible, upon a successful raise” but won't share how much its token has raised
Yueqi Yang / Bloomberg :
Google updates its built-in password manager for Chrome and Android with the option to manually add passwords across all platforms, a unified design, and more
Jon Porter / The Verge :
Uber received 3,824 reports of sexual assault and misconduct in 2019 and 2020, down 38% from 2017 and 2018, but the rate of fatal physical assaults rose 18%
Prarthana Prakash / Bloomberg :
Meta rolls out NFT support on Facebook, letting select US creators display NFTs under a new tab on their profiles, after adding support to Instagram in May 2022
TechCrunch :
New York-based Tomorrow Health, whose marketplace matches medical providers, home-based care suppliers, patients, and payers, raised a $60M Series B led by BOND
Katie Adams / MedCity News :
CFTC charges South Africa-based bitcoin pool operator Mirror Trading International with a $1.7B fraud, in its “largest ever fraud scheme case involving bitcoin”
Danny Nelson / CoinDesk :
London-based Omeda Studios, which is making a third-person action MOBA named Predecessor, raised a $20M Series A led by Haveli, after a $2.2M seed in March 2021
Jason McMaster / VentureBeat :
Short-form video app Triller confidentially files for a US IPO, after ending its $5B merger with video ad software provider SeaChange International on June 14
Manya Saini / Reuters :
Source: eToro and the SPAC company that agreed to take it public are planning to let the June 30 deadline for their merger pass without closing the deal
April, which personalizes and autofills tax filings by using AI to analyze tax code, raised a $30M Series A led by Treasury, bringing its total funding to $40M
Kyle Wiggers / TechCrunch :
As metaverse avatars take off, a look at Understanding Comics, a 30-year-old illustrated lecture seen as a storytelling mechanics and visual vocabulary bible
Tim Bradshaw / Financial Times :
YouTube says channels can't hide subscriber counts starting on June 29 to fight fake accounts, and rolls out an “increase strictness” comment moderation setting
Zoom is returning to its business software roots to revive growth, after two years of trying to monetize consumers, many of whom stick with free 40-minute calls
(zoom weddings, zoom happy hours, not that profitable it turns out) by @BrodyFord_ https://www.bloomberg.com/...
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