Tech Meme

Tracy Wang / CoinDesk: Binance announces exit from Canada, saying the country’s “new guidance related to stablecoins and investor limits” makes the Canadian market “no longer tenable”  —  The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Lees verder op Tech Meme

New York Times: A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals’ content and gave the CCP “supreme access”  —  The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content … Lees verder op Tech Meme

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Aidan Ryan / The Information: Sources: Binance.US and Changpeng Zhao are exploring ways to reduce Zhao’s majority company stake, hoping to improve Binance.US’ standing before US regulators  —  Binance.US and Changpeng Zhao, the crypto exchange’s founder, majority owner and chair, have been exploring ways to reduce his stake … Lees verder op Tech Meme

Lillian Rizzo / CNBC: Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter’s CEO, to focus on business operations; Musk will focus on “product design & new technology”  —  – Former NBCUniversal advertising chief Linda Yaccarino will be Twitter’s next CEO. Lees verder op Tech Meme

Andrew Rummer / The Block: Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal  —  – Terraform Labs co-founder Do Kwon is set to be freed from jail pending trial after a court agreed to a €400,000 ($436,000) … Lees verder op Tech Meme

Financial Times: Doc: the EU plans to lay a €45M internet cable in the Black Sea to improve connectivity to Georgia and reduce its “dependency” on lines running through Russia  —  Move to improve connectivity to Georgia amid global concerns over spying and sabotage Lees verder op Tech Meme

New York Times: An ex-ByteDance exec in the US sues for wrongful termination, accusing it of stealing rivals’ content and giving the Chinese Communist Party “supreme access”  —  The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content … Lees verder op Tech Meme

Washington Post: A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets  —  Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation. Lees verder op Tech Meme

Rosie Perper / CoinDesk: NYC-based Tessera, the collective NFT ownership and governance service that launched as Fractional with $20M from Paradigm and others, plans to shut down  —  Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.” Lees verder op Tech Meme