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Showing posts from September, 2022

Governor Newsom signs a law forbidding California-based businesses from giving users' personal info in response to out-of-state abortion-related search warrants (CNN)

CNN: Governor Newsom signs a law forbidding California-based businesses from giving users' personal info in response to out-of-state abortion-related search warrants  —  Washington CNN Business —  California is attempting to stymie abortion prosecutions in other states by making it illegal … https://bit.ly/3Rnx82n

A look at Portugal's Meia Praia beach, a haven where crypto supporters gather, creating a bubble of optimism about digital currencies amid crypto's downturn (Adam Satariano/New York Times)

Adam Satariano / New York Times: A look at Portugal's Meia Praia beach, a haven where crypto supporters gather, creating a bubble of optimism about digital currencies amid crypto's downturn  —  In crypto havens such as Meia Praia beach, the confidence in digital currencies remains undimmed even after this summer's crash. https://bit.ly/3rhLyX8

Court filing: Elon Musk's deposition by Twitter's lawyers was rescheduled to October 6 and 7; the five-day trial in Wilmington, Delaware, starts on October 17 (The Guardian)

The Guardian: Court filing: Elon Musk's deposition by Twitter's lawyers was rescheduled to October 6 and 7; the five-day trial in Wilmington, Delaware, starts on October 17  —  Musk to be questioned under oath by Twitter lawyers on 6 and 7 October in preparation for trial over abandoned $44bn takeover https://bit.ly/3UFDflH

The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps (Jennifer Surane/Bloomberg)

Jennifer Surane / Bloomberg: The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps  —  Banking giants including Goldman Sachs Group Inc. and Citigroup Inc. agreed to pay regulators $1.1 billion in penalties for failing … https://bit.ly/3LMGCmF

Celsius co-founder and CEO Alex Mashinsky resigns from the bankrupt cryptocurrency lender, writing his "role as CEO has become an increasing distraction" (Vicky Ge Huang/Wall Street Journal)

Vicky Ge Huang / Wall Street Journal: Celsius co-founder and CEO Alex Mashinsky resigns from the bankrupt cryptocurrency lender, writing his “role as CEO has become an increasing distraction”  —  The crypto lender filed for bankruptcy in July  —  Alex Mashinsky—chief executive and cofounder of bankrupt cryptocurrency … https://bit.ly/3SmbsoE

Brazil orders Apple to stop selling iPhones without a charger in the country and fines the company ~$2.38M, citing "deliberate" discrimination against consumers (Peter Frontini/Reuters)

Peter Frontini / Reuters: Brazil orders Apple to stop selling iPhones without a charger in the country and fines the company ~$2.38M, citing “deliberate” discrimination against consumers  —  Brazil's government on Tuesday ordered Apple Inc (AAPL.O) to stop selling iPhones without a battery charger in the country … https://bit.ly/3BjGxn1

The trial of former Uber Chief Security Officer Joe Sullivan begins this week over allegedly covering up a 2020 data breach and paying off the hackers (New York Times)

New York Times: The trial of former Uber Chief Security Officer Joe Sullivan begins this week over allegedly covering up a 2020 data breach and paying off the hackers  —  Joe Sullivan, Uber's former chief of security, faces criminal charges for his handling of a 2016 security breach.  His trial this week has divided the security industry. https://bit.ly/3ARIcP5

Venture Intelligence: Indian startups raised 18 $100M+ funding rounds totaling $3.6B in Q2 2022, down from 29 such rounds worth a total of $6.7B in Q1 2022 (The Economic Times)

The Economic Times: Venture Intelligence: Indian startups raised 18 $100M+ funding rounds totaling $3.6B in Q2 2022, down from 29 such rounds worth a total of $6.7B in Q1 2022  —  Good Glamm, Acko see funding talks fall through; companies raising $100 million plus rounds struggle due to macroeconomic headwinds https://bit.ly/3x0TZcC

The EU launched its new San Francisco office to liaise with US tech companies and promote EU standards and technologies, digital policies, and governance models (Vish Gain/Silicon Republic)

Vish Gain / Silicon Republic: The EU launched its new San Francisco office to liaise with US tech companies and promote EU standards and technologies, digital policies, and governance models  —  The aim of the US office is to strengthen EU digital diplomacy.  It is headed by Gerard de Graaf, a key official who has worked on landmark tech laws. https://bit.ly/3Bj3Zkh

Sources: Amazon plans to partner with small and medium-size pharmacies in Japan to open an online store that delivers prescription drugs in the country in 2023 (Nikkei Asia)

Nikkei Asia: Sources: Amazon plans to partner with small and medium-size pharmacies in Japan to open an online store that delivers prescription drugs in the country in 2023  —  E-commerce giant considers creating platform with local pharmacies  —  TOKYO — Amazon.com is considering entering … https://bit.ly/3BfmNk5

A developer who ran a DDoS-for-hire "empire" criticizes Cloudflare for protecting the DDoS industry while selling services to mitigate such attacks (Rasbora.dev)

Rasbora.dev: A developer who ran a DDoS-for-hire “empire” criticizes Cloudflare for protecting the DDoS industry while selling services to mitigate such attacks  —  Today CloudFlare is in the spotlight for their decision to revoke access to a website behind their network … https://bit.ly/3Bf9dNK

Binance and Nigeria are in talks to establish a digital economic zone in the country, "similar to the Dubai virtual free zone", to help blockchain developers (Emele Onu/Bloomberg)

Emele Onu / Bloomberg: Binance and Nigeria are in talks to establish a digital economic zone in the country, “similar to the Dubai virtual free zone”, to help blockchain developers  —  Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter  —  Nigerian authorities … https://bit.ly/3TJEFuF

How the North Atlantic Fellas Organization, or NAFO, a group of national security experts and ordinary Twitter users, is using memes to fight Russian propaganda (Mark Scott/Politico)

Mark Scott / Politico: How the North Atlantic Fellas Organization, or NAFO, a group of national security experts and ordinary Twitter users, is using memes to fight Russian propaganda  —  Ivana Stradner opened her iPhone and typed a simple call-to-arms: Unleash the hounds.  —  A Washington think-tanker and an expert … https://bit.ly/3CZzPnh

Q&A with Vitalik Buterin on proof of work vs. proof of stake, the recent crypto crash, crypto security, decentralized governance, "startup societies", and more (Noah Smith/Noahpinion)

Noah Smith / Noahpinion: Q&A with Vitalik Buterin on proof of work vs. proof of stake, the recent crypto crash, crypto security, decentralized governance, “startup societies”, and more  —  In which we talk about the big shifts in crypto.  —  Vitalik Buterin is one of the most well-known … https://bit.ly/3TFgkGu

US parents are increasingly buying Apple Watches as a stopgap cellphone to reach and track their children as young as 5 while mitigating internet addiction (New York Times)

New York Times: US parents are increasingly buying Apple Watches as a stopgap cellphone to reach and track their children as young as 5 while mitigating internet addiction  —  As Apple prepares to unveil new models next week, the smart watch has found an unexpected audience: children as young as 5. https://bit.ly/3RyE5OC

What to expect from Apple's Far Out event: iPhone 14 lineup, including Pro models with a revamped notch, new AirPods Pro, a rugged Apple Watch Pro, and more (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg: What to expect from Apple's Far Out event: iPhone 14 lineup, including Pro models with a revamped notch, new AirPods Pro, a rugged Apple Watch Pro, and more  —  Apple's biggest event of the year is just a few days away, with the iPhone 14, Apple Watch Pro and new AirPods on tap. https://bit.ly/3QvzMmt

An investor group led by Swiss Life and others agree to pay $1.5B for a 35% stake in DataBank, which owns 65+ data centers and 20 interconnection hubs in the US (David Seeley/Dallas Innovates)

David Seeley / Dallas Innovates: An investor group led by Swiss Life and others agree to pay $1.5B for a 35% stake in DataBank, which owns 65+ data centers and 20 interconnection hubs in the US  —  DataBank—a leader of the booming data center market, with over 65 data centers and 20 interconnection hubs in over two dozen metros … https://bit.ly/3qabgwh

Amid mass layoffs, Snap says Web3 is not a priority since it doesn't directly contribute to the company's AR efforts, in sharp contrast to moves by rival Meta (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg: Amid mass layoffs, Snap says Web3 is not a priority since it doesn't directly contribute to the company's AR efforts, in sharp contrast to moves by rival Meta  —  Snap Inc. is sunsetting efforts focused on building products for the much-vaunted next generation of the internet known as web3 … https://bit.ly/3QgsNxe

Cloudflare says it has blocked Kiwi Farms, citing "an unprecedented emergency and immediate threat to human life" after a recent rise in targeted threats (Washington Post)

Washington Post: Cloudflare says it has blocked Kiwi Farms, citing “an unprecedented emergency and immediate threat to human life” after a recent rise in targeted threats  —  — Reversing course under growing public pressure, major tech security company Cloudflare Inc. announced Saturday … https://bit.ly/3q8AsTN

A profile of Kiwi Farms, a forum owned and operated by former 8chan admin Josh Moon, that has become synonymous with doxxing, swatting, and harassment campaigns (NBC News)

NBC News: A profile of Kiwi Farms, a forum owned and operated by former 8chan admin Josh Moon, that has become synonymous with doxxing, swatting, and harassment campaigns  —  A trans streamer and a Republican congresswoman were targeted at their homes in the last month.  Experts warn this is just the beginning. https://bit.ly/3Rwctu5

Some online disinformation experts criticize Twitter's stance on Libs of TikTok, as some US children's hospitals face threats inspired by the anti-LGBTQ account (Washington Post)

Washington Post: Some online disinformation experts criticize Twitter's stance on Libs of TikTok, as some US children's hospitals face threats inspired by the anti-LGBTQ account  —  Employees are warning colleagues to take action against the anti-LGBTQ account, saying it's ‘only a matter of time’ its posts lead to violence. https://bit.ly/3RuNBSI

Taiwanese prosecutors indict the head of Luxshare, a Chinese iPhone assembler, for allegedly using a shell company to take over local company Speed Tech in 2012 (Debby Wu/Bloomberg)

Debby Wu / Bloomberg: Taiwanese prosecutors indict the head of Luxshare, a Chinese iPhone assembler, for allegedly using a shell company to take over local company Speed Tech in 2012  —  Taiwanese prosecutors have indicted the head of Luxshare Precision Industry Co. for using a shell company to surreptitiously … https://bit.ly/3cIeR1o

Filing: the FTC is investigating Amazon's $3.9B deal to buy One Medical (Dave Michaels/Wall Street Journal)

Dave Michaels / Wall Street Journal: Filing: the FTC is investigating Amazon's $3.9B deal to buy One Medical  —  Probe adds to issues Amazon faces at antitrust enforcement agency  —  Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other  —  Created with sketchtool. https://bit.ly/3emKOg7

Pinduoduo launched US shopping site Temu on September 1, the Chinese e-commerce giant's first major push overseas, following online fast fashion retailer Shein (Wall Street Journal)

Wall Street Journal: Pinduoduo launched US shopping site Temu on September 1, the Chinese e-commerce giant's first major push overseas, following online fast fashion retailer Shein  —  Temu is the latest example of Chinese companies expanding overseas as the economy loses steam at home https://bit.ly/3Rrkujy

A look at Snap's decision to close Zenly, popular in Europe and Asia with a claimed ~35M MAUs earlier in 2022, to "focus on Snap Map", which has 300M+ MAUs (TechCrunch)

TechCrunch: A look at Snap's decision to close Zenly, popular in Europe and Asia with a claimed ~35M MAUs earlier in 2022, to “focus on Snap Map”, which has 300M+ MAUs  —  Snapchat's parent Snap became the latest tech company to announce a huge round of layoffs, confirming ongoing rumors yesterday … https://bit.ly/3q5Wzdt

Sources: CFO Julie Gao told staff ByteDance has no plans to go public; report: CEO Liang Rubo said the company plans to reduce input into noncore businesses (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post: Sources: CFO Julie Gao told staff ByteDance has no plans to go public; report: CEO Liang Rubo said the company plans to reduce input into noncore businesses  —  TikTok 's parent company ByteDance , the world's most valuable unicorn, has no plans to go public, its chief financial officer told employees … https://bit.ly/3TCkezS

Binance CEO Changpeng Zhao says Binance is not a Chinese company and rejects suggestions of it being secretly run by a Chinese national, Guangying Chen (Binance Blog)

Binance Blog: Binance CEO Changpeng Zhao says Binance is not a Chinese company and rejects suggestions of it being secretly run by a Chinese national, Guangying Chen  —  One of the many strengths that our employees at Binance must possess is thick skin.  After all, this industry is the subject of a lot … https://bit.ly/3KObYZK

Delhi's high court orders Telegram to reveal phone numbers, emails, IP addresses, and more details about users who allegedly shared copyrighted study material (Sofi Ahsan/The Indian Express)

Sofi Ahsan / The Indian Express: Delhi's high court orders Telegram to reveal phone numbers, emails, IP addresses, and more details about users who allegedly shared copyrighted study material  —  Telegram had argued that under its privacy policy, unless a person is declared a terror suspect, user information could not be disclosed. https://bit.ly/3RrZXez

A Delaware jury says Shopify owes $40M to patent holder Express Mobile for infringing three patents related to software for providing content to mobile devices (Blake Brittain/Reuters)

Blake Brittain / Reuters: A Delaware jury says Shopify owes $40M to patent holder Express Mobile for infringing three patents related to software for providing content to mobile devices  —  E-commerce platform Shopify Inc owes patent holder Express Mobile Inc $40 million for infringing three patents related … https://bit.ly/3AGvBhy

Google announces $20M in new commitments to expand computer science education in the US and expects the funds to improve educational access for 11M+ students (Monica Chin/The Verge)

Monica Chin / The Verge: Google announces $20M in new commitments to expand computer science education in the US and expects the funds to improve educational access for 11M+ students  —  Grants will support 4-H, The Hidden Genius Project, CUNY, and more  —  Google has announced $20 million in new commitments … https://bit.ly/3B4Fo2i

Twitter is testing an edit button, giving some Twitter Blue subscribers 30 minutes to make edits later in September 2022; edit labels include a complete history (Tom Warren/The Verge)

Tom Warren / The Verge: Twitter is testing an edit button, giving some Twitter Blue subscribers 30 minutes to make edits later in September 2022; edit labels include a complete history  —  Twitter Blue subscribers get access later this month  —  Twitter is now testing its highly-requested Edit Tweet feature. https://bit.ly/3B2s2nf

In federal court, Google defends Jedi Blue, arguing the 2018 pact with Meta does not violate antitrust law as Meta can still use rival ad exchanges (Leah Nylen/Bloomberg)

Leah Nylen / Bloomberg: In federal court, Google defends Jedi Blue, arguing the 2018 pact with Meta does not violate antitrust law as Meta can still use rival ad exchanges  —  A 2018 advertising pact between Alphabet Inc.'s Google and Meta Platforms Inc. doesn't violate antitrust law because it doesn't restrict Facebook … https://bit.ly/3B3RDvY