Tech Meme

Matthew Goldstein / New York Times: A look at problems at Digital World Acquisition Corp, which plans to take Truth Social public by September 8, after CEO Patrick Orlando was ousted  —  The merger of Digital World and Trump Media has been held up by investigations, but executives are rushing to complete the deal by a Sept. 8 deadline. Lees verder op Tech Meme

Danny Nelson / CoinDesk: After an uproar, the Arbitrum Foundation plans to break up a controversial governance package into separate votes, including on its 750M ARB token allocation  —  The backtracking will see Arbitrum hold a standalone vote on its 750 million token allocation.  —  The Arbitrum Foundation … Lees verder op Tech Meme

Connie Loizos / TechCrunch: a16z now openly courts Saudi money; Horowitz compared the US harshly to Saudi because the US government did little after Andreessen’s “time to build” essay  —  Andreessen Horowitz is now openly courting capital from Saudi Arabia, despite U.S. strains. Lees verder op Tech Meme

Bloomberg: One year after Rishi Sunak pledged to make the UK a crypto-friendly hub, UK crypto executives say banks are increasingly unwilling to support crypto companies  —  Edouard Daunizeau’s crypto company SavingBlocks has an office in East London’s technology hub and more than 200 customers testing its services. Lees verder op Tech Meme

Danny Nelson / CoinDesk: After an uproar, the Arbitrum Foundation plans to break up a controversial governance package into separate votes, including a 750M ARB token allocation  —  The backtracking will see Arbitrum hold a standalone vote on its 750 million token allocation.  —  The Arbitrum Foundation said late Sunday … Lees verder op Tech Meme

New York Times: Sources: in November 2021, five days after Joe Biden put NSO on a Commerce Department blocklist, a US government front company licensed NSO’s geolocation tool  —  The Biden administration has been trying to choke off use of hacking tools made by the Israeli firm NSO. Lees verder op Tech Meme

Ofcom: UK study: kids online gravitate to dramatic, short videos, watch split-screen videos, and post fewer videos of their own; people aged 16 to 24 take more breaks  —  – Drawn to drama: Kids gravitate to dramatic, short-form videos on social media  — Rise of ‘split-screening’: Trend for watching two videos at once Lees verder op Tech Meme

Bloomberg: New York-based grocery e-commerce company Boxed files for Chapter 11 bankruptcy protection; Boxed had said it held most of its cash and liquid assets at SVB  —  Boxed Inc., an online bulk retailer that thrived during the pandemic, filed for bankruptcy on Sunday. Lees verder op Tech Meme

New York Times: Sources: in Nov. 2021, five days after Biden put NSO on a Commerce Department blocklist, a front company for the US government licensed NSO’s geolocation tool  —  The Biden administration has been trying to choke off use of hacking tools made by the Israeli firm NSO. Lees verder op Tech Meme

CNN: Source: soon after Pinduoduo’s app updated to remove backdoor exploits, most of the team working on them was moved to work on Temu, which is a top app in the US  —  It is one of China’s most popular shopping apps, selling clothing, groceries and just about everything else under the sun to more than 750 million users a month. Lees verder op Tech Meme