In an interview, SBF claims he donated about the same amount to both parties in 2022 but the GOP donations were “dark” money, discusses Alameda, FTT, and more
Sam Bankman-Fried's donations to Democrats are well documented. In an interview released Tuesday …
Chinese state media: a five-day COVID-19 lockdown in Zhengzhou, home to Foxconn's iPhone plant, has been lifted; an analyst says disruptions cost Apple $1B/week
Hong Kong CNN Business — The central Chinese city of Zhengzhou, home to the world's largest iPhone factory …
Internal messages: Twitter's EMEA ad revenue dropped 15% YoY and weekly bookings are down 49%; source: Blue is delayed as Twitter seeks to skirt App Store fees
Revenues are in free fall, employees say. Can Musk turn the tide? — and Zoë Schiffer
The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points
European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …
Interviews detail FTX and SBF's lavish spending, aided by minimal internal controls, including $300M+ on Bahamas real estate and chartering Amazon deliveries
When crypto exchange FTX moved its headquarters to the Bahamas from Hong Kong last year, employees discovered that Amazon did not deliver to the island.
Spotify releases Wrapped 2022 for users, adding a “music personality” feature, and says Joe Rogan, Emma Chamberlain, and others were its top podcasters
Spotify Wrapped is here, and with it, a slew of year-end charts, data, and graphics ripe for sharing.
Sources detail Alameda's early years, starting in fall 2017, as SBF shrugged off concerns about risky investments, leading several employees to quit in 2018
‘We ended up not really knowing how much money we even had,’ one former employee says — Why FTX Picked the Bahamas, and What Happens Now to the Crypto Hub
Analysis of Apple's supply chain data shows 44% to 47% of suppliers were China-based between 2014 and 2019, dropping to 41% in 2020 and 36% in 2021
Apple Inc's (AAPL.O) wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began …
Republicans Ron DeSantis, Ken Buck, Mike Lee, Marsha Blackburn, and others mention legislative action to curb Apple's app market power after Elon Musk's tweets
Florida Gov. Ron DeSantis (R) on Tuesday joined a growing chorus of Republicans criticizing Apple after Twitter owner Elon Musk claimed …
Kuo estimates iPhone 14 Pro and iPhone 14 Pro Max shipments in Q4 to be 70M-75M, vs. the 80M-85M consensus, and thinks demand may “disappear” due to a recession
IBM and Maersk plan to shutter their blockchain supply chain service TradeLens, launched in 2018, in Q1 2023; Maersk blames a lack of industry collaboration
- The companies made a viable platform but couldn't get a global collaboration going. — Danish shipping company Maersk and IBM …
Memo: DoorDash plans to lay off around 1,250 employees, aiming to curb expenses; sources say that represents around 6% of its workforce
DoorDash Inc. is cutting about 1,250 jobs to rein in expenses, acknowledging that a rapid expansion during the pandemic boom has led to mounting losses.
Emboldened by FTX's collapse, the disgraced founders of Terra, Celsius, and Three Arrows Capital have reemerged, offering their thoughts on SBF, FTX, and more
Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. If someone forwarded this to you, sign up here.
Binance acquires Japan-based licensed exchange Sakura Exchange BitCoin for an undisclosed sum, the exchange's re-entry to Japan and first license in East Asia
- Binance has entered Japan by acquiring the locally licensed exchange Sakura Exchange BitCoin (SEBC). — The terms of the deal were not disclosed.
A look at TikTok's role in spreading the “blackout challenge”, leading some kids to choke themselves to death, as critics say the company could be doing more
“Sissy's tangled!” — The 5-year-old boy's panicked cries echoed down the hallway of the Arroyos' three-bedroom clapboard house in Milwaukee.
Some prominent antifascist organizers and journalists have had Twitter accounts suspended in the past week, after right-wing operatives appealed to Elon Musk
Elon Musk claims to be “fighting for free speech in America” but the social network's new owner appears to be overseeing a purge of left-wing activists from the platform.
A look at China's growing interest in the open-source Risc-V chip architecture after US sanctions, including enlisting Alibaba and Tencent to help design chips
Chinese government steps up push to use Risc-V in move aimed at boosting domestic production of semiconductors
Sources detail Huawei's plans to stealthily build a domestic chip supply chain with partners in Beijing, Wuhan, Qingdao, and Shenzhen, investing over $55.8B
Nikkei Asia : Tweets: @chengtingfang , @davidkersten , and @shankhu15 Tweets: Cheng Ting-Fang / @chengtingfang : From on-shoring to stealth-shoring : how Huawei and other #China tech champions builds...
AWS unveils Amazon Security Lake, a service that automatically centralizes an organization's security data from cloud and on-premises sources into a data lake
AWS today announced Amazon Security Lake, a new purpose-built data lake for security-related data.
US crypto exchange Kraken plans to lay off 1,100 people, or 30% of its workforce, citing a need to “adapt to current market conditions”
The crypto exchange is laying off 1,100 people, sending its headcount back 12 months. — Crypto exchange Kraken said Wednesday …
Airbnb launches a program to help renters find an apartment in 25 US markets and then list a spare room or occasionally the whole apartment on the platform
Airbnb really wants you to Airbnb an apartment. So its latest step is to find renters a place, which they can also list on the travel booking platform.
Brazil's Chamber of Deputies has approved a longstanding crypto bill defining digital assets and their service providers; bill now requires president's approval
- Brazil's chamber of deputies finally approved a long-awaited crypto regulation bill. — The bill could now go to Brazilian President Jair Bolsonaro for approval.
Amazon Kindle Scribe review: great battery, display, and accessories, but lackluster notetaking, outdated document syncing and software, and small writing delay
Amazon's biggest Kindle ever is also the first to let you pair it with a stylus for note-taking.
Sources: LedgerX, known as FTX US Derivatives, plans to make $175M available for FTX's bankruptcy, part of a $250M fund reserved for a CFTC application
LedgerX — one of the few corners of Sam Bankman-Fried's crumbled crypto empire that remain solvent — is preparing to make available $175 million …
SpaceX's Starlink increases the price for new Ukrainian customers to $700, far above the $385 cost from earlier in 2022; monthly subscriptions rise to $75
Cost of communications devices made by Elon Musk-owned SpaceX set to rise due to Russian assault on electricity grid
In a bankruptcy hearing, BlockFi's lawyers say the lender plans to reopen withdrawals, BlockFi lent $671M to Alameda and has $355M frozen on FTX, and more
but let's just say it *helps* when FTX & BlockFi are no longer market dumping our every BTC/ETH deposit to prop up their fraudulent schemes. Layah Heilpern / @layahheilpern : Just in: BlockFi has $355...
As crypto miners default on loans, lenders could receive mining equipment as collateral, a popular financing tool, increasing losses as the rigs' value plunges
Beleaguered crypto lenders are being dealt another blow from Bitcoin miners as they weather the aftermath of the FTX collapse.
South Dakota Governor Kristi Noem signs an EO banning TikTok for state agencies, employees, and contractors using state devices over China's “security threat”
Alex Barinka / Bloomberg :
A security researcher says Anker's Eufy security cameras sent images to the cloud without user consent and could be accessed without authentication
Nicholas Sutrich / Android Central :
Amazon unveils AWS SimSpace Weaver, a spatial computing service for developers to run real-time city-sized simulations across multiple instances
Brian Heater / TechCrunch :
AWS announces Amazon DataZone, a service that uses machine learning to help enterprises catalog, discover, share, and govern their data
Q&A with Bose CEO Lila Snyder on the brand and its history, running a private company, building software, Bluetooth, competing with Apple and Google, and more
Nilay Patel / The Verge :
OpenSea says NFT creators collectively earned $1.1B in royalties in 2022 so far, of which 80% were to collections outside the top 10
Lucy Harley-McKeown / The Block :
A look at Black American crypto investors, many of whom bought in near the top, as the market declines from its 2021 peak and some lose significant sums
Two years ago, a Maryland-based information-technology specialist—who asked to remain anonymous for reasons that will become apparent in a minute … Tweets: @dkthomp , @raadzzi , @_shamgod , @willbredd...
Coinbase says Coinbase Wallet will no longer support Bitcoin Cash, Ethereum Classic, Ripple XRP, and Stellar due to “low usage”, starting January 2023
Mat Di Salvo / Decrypt :
NYC-based Teampay, a low-code service to help enterprises automate software purchasing, raised a $47M Series B, comprising $35.25M equity and $11.75M debt
Kyle Wiggers / TechCrunch :
SBF says the plan was for Alameda to roll over at least $20M of its Twitter stake into Elon Musk's privately held Twitter, but he doesn't know if that happened
Lucinda Shen / Axios :
Pinterest plans to end its creator rewards program, launched in 2021, which offered cash bonuses when creators completed certain goals
Kaya Yurieff / The Information :
London-based V7, which offers an API for data annotation and labeling needed for AI training models, raised a $33M Series A led by Radical Ventures and Temasek
Ingrid Lunden / TechCrunch : Tweets: @v7labs Tweets: @v7labs : 🚀 We're thrilled to announce our $33m Series A funding round! 👇 Find out how we raised the 2nd biggest Series A round in Europe this mon...
Global smartwatch shipments increased 30% YoY in Q3 2022, led by India, up 171%; Apple grew 48% YoY, Samsung dropped 2.7% YoY, and Noise grew 218% YoY
Woojin Son / Counterpoint Research :
Filing: Disney now owns 100% of streaming tech company BAMTech after paying $900M for MLB's 15% stake in November 2022; Disney acquired a majority stake in 2017
Alex Weprin / The Hollywood Reporter : Tweets: @injuryexpert See also Mediagazer Tweets: Will Carroll / @injuryexpert : I'm not good at math but 900m/30 is an extra $60m in found money per team. That...
A UK court rules Binance, Coinbase, Kraken, Luno, and other exchanges must give customer details to an unnamed UK exchange to track down $10.7M in stolen funds
Financial Times :
Brussels-based crypto market maker Keyrock raised a $72M Series B led by Ripple, following a €4.3M Series A in October 2020
Tom Matsuda / The Block :
CrowdStrike reports Q3 revenue up 53% YoY to $581M, vs. $574M est., subscription customers up 44% YoY to 21,146; stock drops 20%+ on weaker-than-expected growth
Amazon's AWS unit expects to add employees in 2023 and will continue building data centers, despite the company's hiring freeze and cuts in other divisions
Matt Day / Bloomberg :
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.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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.