Financial Times: Sources: top shareholder SoftBank demanded compensation from Revolut after UK regulators told the startup to simplify its ownership to obtain a banking license — Minister to meet payment group’s bosses amid fears UK’s biggest tech group will leave the country Lees verder op Tech Meme
Wall Street Journal: Sources: Apollo Global and Fortress Investment are each spending ~$50M to back competing groups that aim to restart Celsius under new management — Investors that buy and turn around downtrodden companies have largely shunned crypto — Two Wall Street heavyweights are locked in a bidding war … Lees verder op Tech Meme
Katharine Gemmell / Bloomberg: The UK sentences Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, to over 13 years in prison — The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) … Lees verder op Tech Meme
Financial Times: Sources: Revolut is locked in a fight with top shareholder SoftBank after UK regulators told the company it must simplify its ownership to win a banking license — Minister to meet payment group’s bosses amid fears UK’s biggest tech group will leave the country Lees verder op Tech Meme
Chance Miller / 9to5Mac: Apple shares its first App Store Transparency Report, listing app rejections, government requests, and more, as part of a settlement in a 2021 developer lawsuit — Earlier this week, Apple shared an in-depth look at how the App Store helped prevent fraud and protect developers and customers alike. Lees verder op Tech Meme
Katharine Gemmell / Bloomberg: The UK sentences Tejay Fletcher, the mastermind behind phone number spoofing service iSpoof, which scammed victims out of ~£100M, to over 13 years in prison — The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) … Lees verder op Tech Meme
Financial Times: Sources: days after Linda Yaccarino’s appointment, media agency GroupM tells its clients that Twitter is no longer “high risk”, a designation from November 2022 — WPP-owned GroupM removed designation of platform after appointment of Linda Yaccarino Lees verder op Tech Meme
Chance Miller / 9to5Mac: Apple shares its first App Store Transparency Report with data on app rejections, government requests, more, as part of a settlement in a 2021 developer lawsuit — Earlier this week, Apple shared an in-depth look at how the App Store helped prevent fraud and protect developers and customers alike. Lees verder op Tech Meme
Byron Kaye / Reuters: The Australian Securities Exchange no longer plans to try to rebuild its software using blockchain, after “pausing” seven years of development in November 2022 — Australia’s stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology … Lees verder op Tech Meme
Jon Fingas / Engadget: Hyundai agrees to settle with ~9M US Hyundai and Kia owners for $200M, after hundreds of car thefts inspired by the viral “Kia Challenge” on TikTok in mid-2022 — Most of the money from the settlement will go toward compensating theft victims. — Hyundai is putting … Lees verder op Tech Meme