Wednesday, January 4, 2023

The US case against alleged Mango Markets manipulator Avraham Eisenberg highlights traders treating crypto as a game, forgetting the real-world consequences (Matt Levine/Bloomberg)

Matt Levine / Bloomberg:
The US case against alleged Mango Markets manipulator Avraham Eisenberg highlights traders treating crypto as a game, forgetting the real-world consequences  —  Mango  —  So here's a trade.  — You open two accounts on a commodity futures exchange, Account A and Account B.



Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest client with 37K+ machines, as both companies undergo bankruptcy (Eliza Gkritsi/CoinDesk)

Eliza Gkritsi / CoinDesk:
Bitcoin miner Core Scientific plans to shut down mining rigs tied to Celsius Mining, its largest client with 37K+ machines, as both companies undergo bankruptcy  —  The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is costing it $2 million in revenue per month.



A look at three pieces of Indian government legislation planned in 2023 to regulate US tech giants, mixing EU antitrust rules with China-style surveillance (Megha Mandavia/Wall Street Journal)

Megha Mandavia / Wall Street Journal:
A look at three pieces of Indian government legislation planned in 2023 to regulate US tech giants, mixing EU antitrust rules with China-style surveillance  —  American tech firms will face hard choices in India this year  —  The standoff between India and U.S. tech giants will intensify …



Twitter users in Australia and New Zealand report the service being down for over 12 hours, starting around 6:40am AEST on January 4 (Zachariah Kelly/Gizmodo Australia)

Zachariah Kelly / Gizmodo Australia:
Twitter users in Australia and New Zealand report the service being down for over 12 hours, starting around 6:40am AEST on January 4  —  It seems to be every day now that we're writing a story on Twitter, and today's no exception.  Twitter appears to be down or poorly functioning for some users in Australia and New Zealand.



Arm VP Dennis Laudick says the company more than doubled automotive revenue since 2020 thanks to more complex cars; Arm's 2022 total revenue rose 35% to £2.7B (Anna Gross/Financial Times)

Anna Gross / Financial Times:
Arm VP Dennis Laudick says the company more than doubled automotive revenue since 2020 thanks to more complex cars; Arm's 2022 total revenue rose 35% to £2.7B  —  SoftBank-owned company battles Intel and MIPS in auto sector as it prepares for blockbuster listing



Tuesday, January 3, 2023

Competition Commission of India 'copy-pasted extensively' the EU order on Android abuse: Google

Google has told a tribunal in India that the country's antitrust investigators copied parts of a European ruling against the US firm for abusing the market dominance of its Android operating system, arguing the decision be quashed, legal papers show. The Competition Commission of India (CCI) in October fined Alphabet Inc's Google $161 million for exploiting its dominant position in markets such as online search and the Android app store, and asked it to change restrictions imposed on smartphone makers related to pre-installing apps. https://ift.tt/laDyG3S

Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...