Tuesday, November 22, 2022

Madrid-based Cobee, which offers a "super app" for employee benefits, raised a €40M Series B co-led by Octopus Ventures and Notion Capital (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Madrid-based Cobee, which offers a “super app” for employee benefits, raised a €40M Series B co-led by Octopus Ventures and Notion Capital  —  Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases …



Sources: the People's Bank of China plans to fine Jack Ma's Ant Group more than $1B as soon as Q2 2023, potentially ending the company's two-year overhaul (Julie Zhu/Reuters)

Julie Zhu / Reuters:
Sources: the People's Bank of China plans to fine Jack Ma's Ant Group more than $1B as soon as Q2 2023, potentially ending the company's two-year overhaul  —  Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six sources with direct knowledge of the matter …



Oppo Reno 9 series confirmed to feature 32MP autofocus selfie sensor, OIS rear sensor

Oppo Reno 9 series is confirmed to launch in China on November 24. Ahead of the launch, Oppo has confirmed the camera specifications of the upcoming Reno 9 series lineup. The lineup is likely to include the Oppo Reno 9, Reno 9 Pro and Oppo Reno 9 Pro+ models. https://ift.tt/uzJWD64

Filings: FTX, Alameda, and other affiliates have $1.2B in cash reserves, below the $3.1B owed to the top 50 creditors; Alameda's reserves are largest at ~$393M (Eliza Gkritsi/CoinDesk)

Eliza Gkritsi / CoinDesk:
Filings: FTX, Alameda, and other affiliates have $1.2B in cash reserves, below the $3.1B owed to the top 50 creditors; Alameda's reserves are largest at ~$393M  —  The bankrupt crypto exchange FTX owes around $3.1 billion to its top 50 creditors.  —  The various divisions …



Records: FTX, its executives, and SBF's parents bought 19+ properties in the Bahamas worth ~$121M over the past two years as "residence for key personnel" (Koh Gui Qing/Reuters)

Koh Gui Qing / Reuters:
Records: FTX, its executives, and SBF's parents bought 19+ properties in the Bahamas worth ~$121M over the past two years as “residence for key personnel”  —  Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought …



Sunday, November 20, 2022

Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each (Bloomberg)

Bloomberg:
Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each  —  Sam Bankman-Fried's bankrupt crypto empire owes its 50 biggest unsecured creditors a total of $3.1 billion, new court papers show, with a pair of customers owed more than $200 million each.



Microsoft brings SwiftKey back to the iOS App Store citing "customer feedback", after delisting the keyboard app on October 5, 2022 (Jay Peters/The Verge)

Jay Peters / The Verge:
Microsoft brings SwiftKey back to the iOS App Store citing “customer feedback”, after delisting the keyboard app on October 5, 2022  —  Microsoft's SwiftKey keyboard has unexpectedly returned to the App Store.  The company officially discontinued support for the keyboard and removed …



Elon Musk's changes at Twitter threaten to set up a showdown with Apple and Google over in-app purchases for subscriptions and content moderation issues (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Elon Musk's changes at Twitter threaten to set up a showdown with Apple and Google over in-app purchases for subscriptions and content moderation issues  —  Elon Musk's plan to turn Twitter into more of a subscription service threatens to set up a showdown with Apple and Google.



Twitter's automated copyright strike system appears to be broken, as users upload full movies; some accounts with viral tweets were later suspended (Paul Tassi/Forbes)

Paul Tassi / Forbes:
Twitter's automated copyright strike system appears to be broken, as users upload full movies; some accounts with viral tweets were later suspended  —  While Twitter, the website, remains online and has not simply collapsed after the vast majority of workers were fired or resigned under Elon Musk …



Donald Trump says he sees "a lot of problems at Twitter", doesn't see any reason to return, and plans to stick to Truth Social (Mark Niquette/Bloomberg)

Mark Niquette / Bloomberg:
Donald Trump says he sees “a lot of problems at Twitter”, doesn't see any reason to return, and plans to stick to Truth Social  —  Donald Trump said he sees “a lot of problems at Twitter” and will stick to his own social-media platform, offering an initial response to Elon Musk's poll …



A look at the growth of esports tournaments in India, which are attracting prime-time TV audiences with both players and viewers mostly using mobile phones (Alex Gabriel Simon/Bloomberg)

Alex Gabriel Simon / Bloomberg:
A look at the growth of esports tournaments in India, which are attracting prime-time TV audiences with both players and viewers mostly using mobile phones  —  Next to a primary school and a shabby playground in India's financial capital Mumbai stands a plush four-story building that's home to the world's newest breed of athlete.



Saturday, November 19, 2022

FTX users flock to Telegram to reckon with their potential losses, where some say they believed FTX's links to the US made it unusually safe (John Herrman/New York Magazine)

John Herrman / New York Magazine:
FTX users flock to Telegram to reckon with their potential losses, where some say they believed FTX's links to the US made it unusually safe  —  The losers — and scammers — are flooding Telegram.  —  It's early November.  You're into crypto.  It has probably been a rough few months …



Wickr Me, the free encrypted messaging app acquired by AWS in 2021, will shut down on December 31, 2023 and stop accepting new users at the end of 2022 (Emma Roth/The Verge)

Emma Roth / The Verge:
Wickr Me, the free encrypted messaging app acquired by AWS in 2021, will shut down on December 31, 2023 and stop accepting new users at the end of 2022  —  Wickr Me, the free encrypted messaging app owned by Amazon Web Services, is shutting down on December 31st, 2023.



As climate change threatens data centers, Amazon, Microsoft, and Google are tinkering with cooling options and building data centers in colder countries (David Lumb/CNET)

David Lumb / CNET:
As climate change threatens data centers, Amazon, Microsoft, and Google are tinkering with cooling options and building data centers in colder countries  —  Data centers run our personal and professional lives, so it's crucial that they keep working in a future of climate change.



FTX says it has fired CTO Gary Wang, engineering director Nishad Singh, and Alameda Research CEO Caroline Ellison (Wall Street Journal)

Wall Street Journal:
FTX says it has fired CTO Gary Wang, engineering director Nishad Singh, and Alameda Research CEO Caroline Ellison  —  The three executives and Mr. Bankman-Fried are said to have known FTX was using customer funds to plug a funding gap  —  FTX, the cryptocurrency exchange launched by Sam Bankman-Fried …



SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting with three local health centers (Stefanno Sulaiman/Reuters)

Stefanno Sulaiman / Reuters : SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting w...