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Sources: Winklevoss twins' Gemini crypto exchange is trying to recover $900M owed to it by Genesis Global and Genesis' parent company Digital Currency Group
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t.co
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2022-12-4
Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader's MobileCoin trade went bad, wiping out Alameda's 2021 profits
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t.co
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2022-12-3
The trial of three Wirecard executives has begun, seeking to understand how the €24B startup imploded in June 2020, one of the largest frauds in German history
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t.co
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2022-12-3
Germany
Startup
Palmer Luckey's Anduril, which builds autonomous systems for the US military, raised nearly $1.5B at a $7B pre-money valuation, up from $4.2B in June 2021
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t.co
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2022-12-2
The UK government plans to test SpaceX's Starlink in remote locations, including Snowdonia National Park, choosing the service over British rival OneWeb
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t.co
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2022-12-1
U.K.
SpaceX
Sources: Amazon begins layoffs with its Alexa, Kindle, and Halo hardware teams as part of the planned ~10K cuts, while investors anticipate broader downsizing
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t.co
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2022-12-1
Amazon
Layoffs
A UK court rules Binance, Coinbase, Kraken, Luno, and other exchanges must give customer details to an unnamed UK exchange to track down $10.7M in stolen funds
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t.co
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2022-12-1
Coinbase
A look at China's growing interest in the open-source Risc-V chip architecture after US sanctions, including enlisting Alibaba and Tencent to help design chips
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t.co
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2022-11-30
China
Alibaba
Tencent
Interviews detail FTX and SBF's lavish spending, aided by minimal internal controls, including $300M+ on Bahamas real estate and chartering Amazon deliveries
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t.co
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2022-11-30
Amazon
SpaceX's Starlink increases the price for new Ukrainian customers to $700, far above the $385 cost from earlier in 2022; monthly subscriptions rise to $75
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t.co
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2022-11-30
Ukraine
SpaceX
Sources: Jack Ma has been living in central Tokyo for nearly six months, keeping public activities to a minimum, after China's crackdown on tech and businessmen
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t.co
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2022-11-30
China
Jack Ma
Tokyo
The UK's CMA finds intervention in the music streaming services market will not increase artist earnings as their problems are “unrelated to competition issues”
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t.co
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2022-11-29
Some US auditors say FTX's collapse has led them to designate crypto clients as “high risk”, resulting in longer audits, higher fees, or dropping clients
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t.co
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2022-11-29
BlockFi sues Sam Bankman-Fried's Emergent Fidelity Technologies to seize Robinhood shares that SBF had pledged as collateral under an agreement on November 9
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t.co
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2022-11-29
Source: Musk sought to call some brands' CEOs to berate them for advertising less on Twitter; others lowered spend to the minimum needed to avoid confrontation
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t.co
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2022-11-29
Twitter
UK police report: financial losses from crypto fraud were up 32% YoY to £226M between October 2021 and September 2022 and cases rose 16% to 10,030
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t.co
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2022-11-29
An in-depth look at the US sanctions on China's chipmakers and worries over their impact on inflation and rising costs for Western manufacturers and customers
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t.co
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2022-11-27
China
How Woolworths, Loblaws, and other retailers are developing digital advertising arms and profiling customers, aiming to become ad venues for large brands
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t.co
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2022-11-26
Jumia undergoes major restructuring after ousting its co-CEOs, including closing its Prime subscription program and its Logistics service in seven countries
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t.co
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2022-11-24
Logistics
Sources: Elon Musk disbands Twitter's Brussels team, sparking compliance concern among EU officials after policy executives departed the small but vital office
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t.co
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2022-11-24
Twitter
Elon Musk
Foxconn offers ~$1,400 payouts to newly recruited Chinese workers who opt to leave its iPhone factory, aiming to quell unrest after violent clashes with police
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t.co
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2022-11-24
China
iPhone
Sources: Yandex seeks Putin's assent for restructuring, including selling its Russian business and spinning off key global projects in edtech and other sectors
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t.co
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2022-11-24
Russia
Omdia: in 2022, Alphabet, Amazon, Meta, and Apple are on pace to take 68% of ~$500B in online ad revenue made by non-China companies, driven by video campaigns
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t.co
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2022-11-24
A look at the 5G network challenges faced by telecom operators, including intense competition, tapering consumer demand, and sufficiency of 4G speeds
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t.co
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2022-11-23
5G
A report by China's Game Industry Group Committee claims video game addiction among minors is “basically resolved”, following curbs on approving new titles
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t.co
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2022-11-23
China
After criticism, India's government releases an updated and more “balanced” data protection bill, seeking passage in April or May 2023, the fourth such draft
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t.co
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2022-11-22
India
Research: between 100 and 150 crypto hedge funds, or 25%-40% of all specialized funds, have exposure to FTX or FTT, totaling around $2B
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t.co
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2022-11-22
An interview with Brian Armstrong on crypto and economic freedom, Coinbase's “no politics in the workplace” policy, the crypto downturn, regulation, and more
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t.co
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2022-11-21
Interview
Coinbase
Altive: Xiaohongshu, considered as a Chinese equivalent to Instagram, has been valued at $10B-$16B in private markets in 2022, down from $20B in November 2021
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t.co
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2022-11-20
China
Instagram
New FTX CEO says it will attempt to sell or reorganize its businesses after a review found that many of its subsidiaries have “solvent balance sheets”
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t.co
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2022-11-20
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