Tech Meme

Shaurya Malwa / CoinDesk: CryptoQuant: BUSD saw $500M+ in outflows in the 24 hours since CFTC filed a lawsuit against Binance vs. $2B in outflows after SEC’s Paxos crackdown in February  —  Some analysts say the exchange’s recent move to include other stablecoins in its zero-fee trading program could have contributed to lessening dependence on BUSD. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Venti Technologies, which develops autonomous vehicle tech for industrial and logistical hubs, raised a $28.8M Series A led by LG Technology Ventures  —  We are still likely many years away from wide-scale deployment — let alone adoption — of fully autonomous vehicles on our streets … Lees verder op Tech Meme

Lauren Kaori Gurley / Washington Post: CWA files NLRB charges alleging that Apple fired five union organizers in Kansas City in retaliation, the first such charges the union has filed against Apple  —  The workers, who were disciplined and fired for attendance-related issues, believe they were let go because of their union organizing Lees verder op Tech Meme

Zhou Xin / South China Morning Post: Alibaba plans to reorganize its businesses into six independent entities and devolve operational decisions to each unit’s CEO, in its biggest restructuring ever  —  Alibaba Group Holding will overhaul its sprawling operations, as China’s largest technology conglomerate undertakes … Lees verder op Tech Meme

Financial Times: Sources: Sam Bankman-Fried gave some Genesis executives the chance to invest in presale of FTT and Serum at a discount, before the tokens were issued publicly  —  Major lender was able to invest at a discounted rate before tokens were issued to public  —  Executives at a major lender … Lees verder op Tech Meme

Kiyoshi Takenaka / Reuters: Japan’s FTC says it does not expect the Microsoft-Activision Blizzard deal to stifle competition and closes its review without issuing a cease and desist order  —  Japan’s antitrust watchdog said on Tuesday it did not expect a merger between Microsoft Corp (MSFT.O) and Activision Blizzard … Lees verder op Tech Meme

Zoë Schiffer / Platformer: Documents: Twitter has a list of ~35 accounts which it monitors and offers increased visibility to, including AOC, Biden, Marc Andreessen, Musk, and @catturd2  —  Congratulations to Ben Shapiro, AOC, and … LeBron?  —  Last week, Twitter began notifying users who were verified under … Lees verder op Tech Meme

BBC: The UK cancels plans to launch an NFT, proposed in 2022 by Rishi Sunak in a bid to make the UK a crypto hub, and says it will keep the proposal “under review”  —  Plans for a government backed non-fungible token (NFT) produced by the Royal Mint have been dropped, the Treasury has announced. Lees verder op Tech Meme

Reuters: Sam Bankman-Fried’s lawyers and prosecutors agree on new bail terms, including giving SBF a phone without internet and a monitored laptop with limited functions  —  Lawyers for Sam Bankman-Fried said they reached an agreement with U.S. prosecutors on Monday on revised bail conditions … Lees verder op Tech Meme

Manish Singh / TechCrunch: Source: Microsoft-owned GitHub lays off its entire engineering team in India, eliminating 100+ jobs, as part of a ~10% cut announced in February  —  GitHub, the popular developer platform, has laid off virtually its entire engineering team in India in an unusual move as the Microsoft-owned firm cuts … Lees verder op Tech Meme