Binance says the NYDFS ordered Paxos to stop issuing more of its BUSD stablecoin, which has 6.2M holders; Paxos will continue redemptions and cut Binance ties
Firm will continue to manage redemptions of the product — New York regulators directed a crypto company to stop issuing …
Sources: the SEC told Paxos the agency plans to sue the crypto firm, alleging the Paxos-issued and listed Binance USD stablecoin is an unregistered security
The agency has been intensifying its enforcement of major crypto players — The Securities and Exchange Commission …
Opera is testing a new ChatGPT-powered “shorten” feature in its browser's sidebar that generates bulleted summaries of the webpage or article being viewed
The feature, called “shorten,” is part of the company's broader plans to integrate AI tools into its browser, similar to what Microsoft's doing with Edge.
Inside Apple's push to build new financial services, which have suffered from engineering and technical setbacks, leading to slow progress and missed deadlines
Apple's slate of new financial services — including “buy now, pay later” offerings, savings accounts and an iPhone subscription program — have hit delays.
Twilio plans to cut around 17% of its workforce, or roughly 1,500 jobs, after laying off 11% in September 2022 and will form two units to aide efficiency
- Twilio on Monday announced plans to cut about 1,500 employees, or around 17% of its workforce, according to a blog post shared on the company's website.
Analysis: the blended bill of materials for the iPhone 14 Pro Max 128GB is $464 total, up 3.7% on the 13 Pro Max, with 22% down to Apple's A16 and other chips
- The blended bill of materials (BoM) cost for the iPhone 14 Pro Max with 128GB Nand flash is about $464, a 3.7% increase from that of the iPhone 13 Pro Max.
A study finds 11 data brokers selling data on Americans' mental health information, including on antidepressants and insomnia, likely acquired from app makers
Capitalizing on the pandemic explosion in telehealth and therapy apps that collect details of your mental health needs …
A look back at Spotify betting hundreds of millions of dollars on podcasts, which CFO Paul Vogel says were a “big drag on our business in 2022”
By 2021, Spotify had paid to sign some of the biggest names in podcasting, and it was ready to start squeezing its competitors.
Sex educators, adult stars, and sex workers complain about Instagram, saying Meta's moderation has gotten more punitive and less predictable since SESTA-FOSTA
Cherie DeVille lives in perpetual fear of losing her 3.7 million Instagram followers. — DeVille is a well-known porn star who also has an OnlyFans account. Tweets: @ashleylatke , @ashleylatke , @kat...
Bakkt will shut down its consumer-facing crypto app on March 16, two years after debuting with launch partners including Starbucks, Best Buy, and Choice Hotels
Users will be able to manage their assets over the web after March 16. — Digital asset platform Bakkt (BKKT) …
A look at Andy Jassy's challenges running Amazon, down by $1T in market cap since he took over: cutting costs, layoffs, boosting Prime subscribers, and more
Investors joining Amazon's earning call earlier this month were greeted with a surprise guest: the group's chief executive, Andy Jassy.
How a slowing digital ad market, Apple's ATT changes, tech companies' internal turmoil, weak content moderation, and more are contributing to a junk ad epidemic
written after Apple's new App Store ad format placed gambling ads next to gambling addiction apps — as the antecedent rebuttal to the NYT's piece this weekend that questions why, all of the sudden, ad...
Meta's ad targeting restrictions and Amazon's ad product investments are leading brands to shift their budgets to Amazon; Amazon's ad unit grew 19% YoY in Q4
Razer Blade 18 review: gigantic QHD, 16:10, 240Hz display, upgradeable RAM and SSD, and lots of power, but incredibly pricey at $3,800 and mediocre battery life
Monica Chin / The Verge :
US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition
Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal — US-based financial technology group FIS …
Uber strikes two seven-year deals with Google Cloud and Oracle to host its IT infrastructure; an Uber executive says 95% of its IT is hosted on its own servers
Belle Lin / Wall Street Journal :
Publishers worry that Microsoft's and Google's search chatbots, which summarize key info from articles, may undermine their businesses and spread misinformation
Microsoft's new search interface can serve up key information from articles, removing the need to click—and potentially undermining publisher business models.
A Stanford student used a prompt injection attack to reveal Bing Chat's codename Sydney and its initial prompt that governs how the service interacts with users
Contents: — 🏈 No Crypto Super Bowl Ads Slashdot : Bing Chat Succombs to Prompt Injection Attack, Spills Its Secrets Tweets: @noahsussman : Failure to sanitize inputs shows a lack of basic web dev kno...
Google staff criticize company leadership over the Bard announcement, calling the unveiling “botched”, “myopic”, and “un-Googley” on the internal forum Memegen
Marketplace Pulse: in a first, Amazon's average cut of each sale reached 51.8% in 2022, up from 48% in 2021, 45.8% in 2020, 40% in 2017, and 35.2% in 2016
Grappling with slowing sales growth and rising costs, Amazon.com Inc. is squeezing more money from the nearly 2 million small businesses … Tweets: @tomgara , @carnage4life , and @astaniscia86 Tweets: ...
A look at “liquid” neural nets, which change their underlying algorithms based on observed inputs, making them more flexible than standard ML neural networks
IDC: ByteDance's Pico more than tripled its share of the global VR market YoY to ~15% by Q3 2022 while Meta's share fell from 90% to ~75% in the same period
Wall Street Journal :
Creating trustworthy generative AI requires resources probably on the scale of what companies like Microsoft and Google possess, making them even more powerful
A look at Eindhoven, a small, low-rise Dutch city home to ASML, chipmaker NXP, and other tech companies, which was a focus as the US prepared to restrict China
Andy Bounds / Financial Times : Tweets: @valentinapop Tweets: Valentina Pop / @valentinapop : Washington's efforts to block China's access to high-end technology homed in on just two places outside t...
Tracxn: foreign VC funding of Indian tech startups fell nearly 40% YoY to $25.7B in 2022; Tiger Global, SoftBank, and Sequoia more than halved their investments
Financial Times : Tweets: @tanarrowz Tweets: @tanarrowz : VCs say the lack of exits is a particular concern, as many India-focused funds approach end of their life cycles. Many of the funds set up in...
Sources and memo: Zappos laid off 300+ employees in January 2023, or ~20% of its workforce, including in customer service, as part of broader layoffs at Amazon
Sources: TikTok's Internal Audit team that spied on journalists had wide investigative powers with little oversight; ByteDance plans to restructure the team
Stock exchange data: Alibaba sold its remaining 3.16% Paytm stake for ~$167.14M days after Paytm posted its first quarterly operating profit as a public company
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
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.