How Binance, which trades on its own exchange and plays a number of roles that pose conflicts of interest, remains mostly unaccountable to its customers (Washington Post)

Washington Post:
How Binance, which trades on its own exchange and plays a number of roles that pose conflicts of interest, remains mostly unaccountable to its customers  —  On May 19, 2021, Francis Kim thought he had hit it big.  The Australia-based entrepreneur had been dabbling in derivatives trading …

Google removes 93,067 pieces of bad content in India in February

Google said it removed 93,067 pieces of bad content based on user complaints in February this year -- a decrease from 104,285 pieces of bad content the tech giant removed in January. https://ift.tt/goCsAql

As foreign digital firms leave, Russia's domestic providers pounce

Russian domestic tech companies, led by entities controlled or associated with state-owned gas giant Gazprom, are pouncing on the blockade and exodus of foreign internet firms, sensing opportunities in Russia's growing digital isolation. https://ift.tt/zC2l4R7

Meta no longer requiring COVID booster shots for staff in US offices

Facebook-owner Meta is no longer requiring employees to have COVID-19 boosters to enter its offices in the United States, a company spokesperson said. https://ift.tt/8KWdSOw

Microsoft faces 'cloud troubles' in Europe

The company found itself on the EU competition enforcer's radar again after German software provider NextCloud, France's OVHcloud and two other companies filed complaints about Microsoft's cloud practices. https://ift.tt/FuUqDIl

Silent messages, share song and 4 other new features in Instagram

https://ift.tt/WNmSFkP

A look at @depthsofwikipedia, a viral social media account created by 22-year-old Annie Rauwerda that shares bizarre, amusing, and surprising Wikipedia snippets (Anna P. Kambhampaty/New York Times)

Anna P. Kambhampaty / New York Times:
A look at @depthsofwikipedia, a viral social media account created by 22-year-old Annie Rauwerda that shares bizarre, amusing, and surprising Wikipedia snippets  —  On @depthsofwikipedia, Annie Rauwerda is compiling some of the crowdsourced site's most bizarre pages.

How to use Instagram's new quick reply feature

Instagram has rolled out a series of new messaging features such as silent messages, quick share and others. A few of these features were under testing for quite some time and were already available to many users. One of the much awaited features that the company has announced is the quick reply feature. https://ift.tt/MqxOrL2

Three European food delivery stocks, Delivery Hero, Just Eat, and Deliveroo, lost a combined $23.7B, more than half their market value, in the first quarter (Henry Ren/Bloomberg)

Henry Ren / Bloomberg:
Three European food delivery stocks, Delivery Hero, Just Eat, and Deliveroo, lost a combined $23.7B, more than half their market value, in the first quarter  —  In a market gripped by concerns over rising interest rates and soaring inflation, investors are avoiding European food delivery companies …

A look at the eclectic group of pro-crypto lawmakers in Washington, from libertarians to tech utopians, who were galvanized by the recent infrastructure bill (Kiran Stacey/Financial Times)

Kiran Stacey / Financial Times:
A look at the eclectic group of pro-crypto lawmakers in Washington, from libertarians to tech utopians, who were galvanized by the recent infrastructure bill  —  A bipartisan mix of libertarians, business champions and tech utopians is uniting on legislation to help the sector grow

Facebook bug exposed entire News Feed to potential "integrity risks": Report

In a startling revelation, a group of Meta engineers has reportedly identified a "massive ranking failure" that exposed nearly half of all Facebook News Feed views to potential "integrity risks". https://ift.tt/w1Bx2rI

E3 2022 gets entirely cancelled, to return next year

The organisers at the Entertainment Software Association (ESA) has confirmed that the annual Electronic Entertainment Expo has been cancelled entirely for this year. https://ift.tt/lC4ujcr

Facebook-owner Meta plans to expand reach of WhatsApp chatbot in India

Meta, which launched the Meta Business Coach tool on WhatsApp as an innovative and easily-accessible way for owners of small-and medium-sized businesses (SMBs) across India, on Friday announced that it plans to expand the reach of the chatbot in India in the coming months. https://ift.tt/6X13jmB

Intel CEO Pat Gelsinger earned $178.6M in 2021, far above Intel's initial $110M estimate; Intel stock is down 15% since his appointment, lagging the industry (Richard Waters/Financial Times)

Richard Waters / Financial Times:
Intel CEO Pat Gelsinger earned $178.6M in 2021, far above Intel's initial $110M estimate; Intel stock is down 15% since his appointment, lagging the industry  —  Bonus for taking helm at struggling US chipmaker was far more than company initially calculated

Indonesia's GoTo raises $1.1B in its IPO, selling shares for $0.024, representing a projected $28B market cap after the offering (Bloomberg)

Bloomberg:
Indonesia's GoTo raises $1.1B in its IPO, selling shares for $0.024, representing a projected $28B market cap after the offering  —  GoTo Group, Indonesia's largest tech company, raised 15.8 trillion rupiah ($1.1 billion) in one of the world's largest initial public offerings this year.