Tech Meme

Alexander Osipovich / Wall Street Journal: Court filings show Jump Trading secretly purchased tens of millions of dollars worth of TerraUSD and made ~$1B in profit a year before the coin’s collapse  —  Chicago firm made about $1 billion through dealings with crypto mogul Do Kwon’s company, according to the agency Lees verder op Tech Meme

Kia Kokalitcheva / Axios: Source: Twitter buys recruiting startup Laskie for “tens of millions” in cash and stock, its first deal of the Elon Musk era; PitchBook: Laskie had raised $6M  —  Twitter appears to have made its first deal of the Elon Musk era: Buying a job-matching tech startup called Laskie, Axios has learned. Lees verder op Tech Meme

Jay Peters / The Verge: WhatsApp debuts Chat Lock, letting users put chats in a password/biometrics-protected folder and get notifications that don’t show the sender or message content  —  WhatsApp is getting a new “Chat Lock” feature intended to make it easier to keep conversations more private. Lees verder op Tech Meme

Bloomberg: MTN plans to build a $320M East2West inland fiber cable connecting ten African countries in Q4 2023, following its subsea cable that landed in Cape Town in 2022  —  MTN Group Ltd., Africa’s biggest mobile-phone operator, plans to build a $320 million inland fiber cable to connect ten countries … Lees verder op Tech Meme

Ciara O’Brien / The Irish Times: Irish Council for Civil Liberties: 75% of the Irish DPC’s GDPR decisions in EU-level cases since 2018 have been overruled by the European Data Protection Board  —  Meta, Google, Airbnb, Yahoo!, Twitter, Microsoft, Apple and Tinder account for 87^% of cross-border GDPR complaints to Ireland’s DPC Lees verder op Tech Meme

Casey Wagner / Blockworks: In its response to a US federal court, the SEC says Coinbase has no right to compel the agency to issue guidelines for crypto companies “on a specific timeline”  —  The Securities and Exchange Commission has issued a response to Coinbase’s complaint requesting the agency to establish regulatory clarity for the industry. Lees verder op Tech Meme

Platformer: Twitter’s encrypted DMs don’t offer end-to-end encryption, making them vulnerable to man-in-the-middle attacks and open to government access requests  —  A promised audit hasn’t actually happened, sources say.  PLUS: Twitter’s Turkey problem, and a new CEO Lees verder op Tech Meme

Jay Peters / The Verge: WhatsApp debuts Chat Lock, letting users put chats in a password/biometric-protected folder and get notifications that don’t show the sender or message content  —  WhatsApp is getting a new “Chat Lock” feature intended to make it easier to keep conversations more private. Lees verder op Tech Meme

Bloomberg: Q1 2023 filings: Berkshire Hathaway sold its TSMC shares after cutting its position by 86% in Q4 2022, while Tiger Global and Coatue added to their TSMC stakes  —  Taiwan Semiconductor Manufacturing Co. drew mixed bets from top investors in the first quarter, as Warren Buffett closed … Lees verder op Tech Meme

Jane Lee / Reuters: Ethernovia, which builds automotive ethernet chips and software, raised a $64M Series A from Porsche SE, Qualcomm Ventures, VentureTech Alliance, and others  —  Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series … Lees verder op Tech Meme