Finbarr Flynn / Bloomberg:
After losing billions on mobile bets, Japanese e-commerce giant Rakuten raised ~$1.9B for its mobile business and plans to sell its banking and securities units — Japanese e-commerce giant Rakuten Group Inc. sold 250 billion yen ($1.9 billion) of bonds on Friday, giving the company …
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Friday, January 27, 2023
After losing billions on mobile bets, Japanese e-commerce giant Rakuten raised ~$1.9B for its mobile business and plans to sell its banking and securities units (Finbarr Flynn/Bloomberg)
The EU Commission says Google has agreed to update its Store, Play Store, Hotels, and Flights to provide clear and accurate information and comply with EU laws (Jess Weatherbed/The Verge)
Jess Weatherbed / The Verge:
The EU Commission says Google has agreed to update its Store, Play Store, Hotels, and Flights to provide clear and accurate information and comply with EU laws — Many of Google's offerings will soon be updated to provide clear and accurate information in compliance with consumer protection laws in the EU.
Over 100 Israeli tech groups let staff join a "warning strike" over controversial government plans to curb judiciary powers, the latest warnings by businesses (James Shotter/Financial Times)
James Shotter / Financial Times:
Over 100 Israeli tech groups let staff join a “warning strike” over controversial government plans to curb judiciary powers, the latest warnings by businesses — Executives say new government's move to curb judicial powers will scare away vital investment to the self-styled Startup Nation
A look at crypto money laundering in 2022: illicit addresses sent nearly $23.8B, up 68% YoY, four addresses got $1B+ combined, DeFi got record funds, and more (Chainalysis)
Chainalysis:
A look at crypto money laundering in 2022: illicit addresses sent nearly $23.8B, up 68% YoY, four addresses got $1B+ combined, DeFi got record funds, and more — The 2023 Crypto Crime Report — Money laundering is crucial to all financially motivated crime because it's what enables criminals …
Thursday, January 26, 2023
Under increasing pressure in the US, ByteDance and TikTok shift their strategy for dealing with officials by going on the offense and speaking out publicly (New York Times)
New York Times:
Under increasing pressure in the US, ByteDance and TikTok shift their strategy for dealing with officials by going on the offense and speaking out publicly — Keeping its head down has not paid off for the company, which now faces regulatory pressure on many fronts. So it is starting to speak out.
Filing: crypto exchange Mango Markets sues alleged exploiter Avraham Eisenberg for $47M in damages, saying he returned only $67M of the roughly $114M he netted (Camomile Shumba/CoinDesk)
Camomile Shumba / CoinDesk:
Filing: crypto exchange Mango Markets sues alleged exploiter Avraham Eisenberg for $47M in damages, saying he returned only $67M of the roughly $114M he netted — Mango Markets wants its money back after losing $114 million in October. — Decentralized crypto exchange Mango Markets sued …
Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...