China pushes to subject data-related activities to government oversight, as it worries tech giants could use collected data to build alternative power centers — Beijing is calling on tech giants to share their information—and asserting its authority over data held by U.S. companies in China as well
A look at the rise of BitClout, a burgeoning crypto service monetizing social influence, valued at more than $1B in April, but operating in a legal gray zone — BitClout collapses everything—art, humor, personhood—into money, laying bare just who, and what, we are willing to pay for.
Thai SEC orders exchanges to delist NFTs and meme coins, defined as those with “no objective or underlying value” whose price relies on social media trends — Thailand's Securities and Exchange Commission wont crack a smile at crypto's meme coins. — Dogecoin — In brief
Profile of Praveen Khandelwal, leader of a network of ~80M SMBs in India with deep ties to Modi, who evokes British colonial looting in his fight against Amazon — Praveen Khandelwal has built a name fighting against e-commerce. Now, he's launching his own online marketplace. — • BANGALORE, INDIA
Disclosures from Tether show it has $30B in commercial paper, a short-dated investment similar to cash, making it one of the largest investors in the US market — JPMorgan estimates stablecoin operator would be one of the largest investors in the US market
Aura, which offers device and identity theft protection including financial fraud monitoring for consumers, raises $150M Series E led by Warburg Pincus — Aura, a Burlington MA-based company which specializes in digital security for consumers, raised $150M in Series E funding.
Epic trial email suggests Apple manually boosted ranking of its Files app in App Store search results for Dropbox in 2017; Apple says it was a simple mistake — “We are removing the manual boost and the search results should be more relevant now” — In 2019, facing down extensive investigations …
Filing: Byju's raises $350M from UBS, Zoom founder Eric Yuan, Blackstone, and others at a valuation of $16.5B, making it the most valuable startup in India — Edtech giant Byju's has become the most valuable startup in India after raising about $350 million in a new tranche of investment …
Apple says it didn't know DOJ was asking for House Democrats' data when it complied with subpoena; Microsoft also received and complied with a similar subpoena — - Apple on Friday said it didn't know former President Donald Trump's Department of Justice was subpoenaed data on Democrats when it complied with the request.
AT&T CEO says Biden's municipal broadband plan is “a bit misguided” and is confident that Congress will steer legislation in the more “pragmatic” direction — CEO thinks US will keep giving billions to private ISPs instead of public networks.
Yimou Lee / Reuters : Taiwan's National Security Bureau says daily average cyberattacks on government departments doubled in 2024 vs....
