Bloomberg:
In an interview, Gary Gensler says crypto exchanges are “commingling” services to the detriment of customers and highlights their ties with popular stablecoins — Gary Gensler is ratcheting up his criticism of digital-asset exchanges, arguing that some platforms are shirking rules …
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Wednesday, May 11, 2022
In an interview, Gary Gensler says crypto exchanges are "commingling" services to the detriment of customers and highlights their ties with popular stablecoins (Bloomberg)
Elon Musk's tweets about securing funding to take Tesla private "inaccurate and reckless": US court
Kuo: Apple will switch to USB-C for the iPhone 15 in the second half of 2023, improving transfer and charging speeds (Sami Fathi/MacRumors)
Sami Fathi / MacRumors:
Kuo: Apple will switch to USB-C for the iPhone 15 in the second half of 2023, improving transfer and charging speeds — Apple will ditch its proprietary Lightning port and switch to USB-C on all or possibly some models of the iPhone 15 lineup destined to launch in the second half of 2023, Apple analyst Ming-Chi Kuo said today.
Google paying over 300 EU publishers for news content: Report
Tuesday, May 10, 2022
A look at Do Kwon's algorithmic UST stablecoin, designed to trade at $1, after it fell as low as $0.60; CoinMarketCap says there are 18.5B UST in circulation (Stacy-Marie Ishmael/Bloomberg)
Stacy-Marie Ishmael / Bloomberg:
A look at Do Kwon's algorithmic UST stablecoin, designed to trade at $1, after it fell as low as $0.60; CoinMarketCap says there are 18.5B UST in circulation — Algorithmic stablecoins, like their more “traditional” counterparts, are supposed to provide calm in the chaos of crypto.
Sony's Q4 operating profit more than doubles
Sony reports Q4 gaming revenue rose 4.9% YoY to ~$5.1B; PS5 sales were 2M, reaching 19.3M in total, around 3.1M behind the PS4 at the same point in time (Steve Dent/Engadget)
Steve Dent / Engadget:
Sony reports Q4 gaming revenue rose 4.9% YoY to ~$5.1B; PS5 sales were 2M, reaching 19.3M in total, around 3.1M behind the PS4 at the same point in time — Sony announced that it sold just 2 million PlayStation 5 units last quarter (Q4), bringing its overall total to 19.3 million.
Payments firm BharatPe may fire several employees, here's why
Monday, May 9, 2022
Palantir reports Q1 revenue rose 31% YoY to $446M but forecasts Q2 revenue will be below estimates at $470M, a 25% YoY growth rate; stock drops 16%+ (Chavi Mehta/Reuters)
Chavi Mehta / Reuters:
Palantir reports Q1 revenue rose 31% YoY to $446M but forecasts Q2 revenue will be below estimates at $470M, a 25% YoY growth rate; stock drops 16%+ — Palantir Technologies Inc (PLTR.N) forecast second-quarter revenue below Wall Street expectations on Monday, indicating slowing sales growth …
Bitcoin falls by up to 4.6% to $32,800, its lowest level since July 2021, as investors back away from risky investments; Cardano, Polkadot, and others also drop (Sidhartha Shukla/Bloomberg)
Sidhartha Shukla / Bloomberg:
Bitcoin falls by up to 4.6% to $32,800, its lowest level since July 2021, as investors back away from risky investments; Cardano, Polkadot, and others also drop — Bitcoin slumped to a level last seen in July 2021, part of a wider retreat in cryptocurrencies triggered by a global flight from riskier investments.
In an email to staff, Uber CEO Dara Khosrowshahi says the company will cut spending on marketing and incentives, treat hiring as a "privilege", and more (CNBC)
CNBC:
In an email to staff, Uber CEO Dara Khosrowshahi says the company will cut spending on marketing and incentives, treat hiring as a “privilege”, and more — - Uber will slash spending on marketing and incentives and treat hiring as a “privilege,” CEO Dara Khosrowshahi said in an email to staff on Sunday.
Sources: as China restricts access during the pandemic, Apple is relying more on local engineers, using live streaming and AR to help US staff monitor progress (Yoko Kubota/Wall Street Journal)
Yoko Kubota / Wall Street Journal:
Sources: as China restricts access during the pandemic, Apple is relying more on local engineers, using live streaming and AR to help US staff monitor progress — Tech giant passes more authority to local workers, uses live streaming and augmented reality to ensure products made in China come out on time
Czech Republic-based DoDo Group, which specializes in last-mile B2B logistics tech and has 2,000 couriers in seven countries, raises a €60M Series B (Omar Faridi/Crowdfund Insider)
Omar Faridi / Crowdfund Insider:
Czech Republic-based DoDo Group, which specializes in last-mile B2B logistics tech and has 2,000 couriers in seven countries, raises a €60M Series B — Czech company DoDo Group, “specialists” in last-mile B2B logistics tech, recently announced a €60 million Series B round led by EC Investments and J&T Capital.
Egypt-based Paymob, which lets merchants accept digital payments online and in-store, raises a $50M Series B, bringing its total raised to $68.5M+ (Tage Kene-Okafor/TechCrunch)
Tage Kene-Okafor / TechCrunch:
Egypt-based Paymob, which lets merchants accept digital payments online and in-store, raises a $50M Series B, bringing its total raised to $68.5M+ — Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding.
Taiwan's National Security Bureau says daily average cyberattacks on government departments doubled in 2024 vs. 2023 to 2.4M, mostly from Chinese cyber forces (Yimou Lee/Reuters)
Yimou Lee / Reuters : Taiwan's National Security Bureau says daily average cyberattacks on government departments doubled in 2024 vs....
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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Lorena O'Neil / Rolling Stone : A look at the years of warnings about AI from researchers, including several women of color, who say ...