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US authorities arrest student loan service Frank founder Charlie Javice; the SEC charges her with falsifying Frank user numbers for JPMorgan's $175M acquisition (Financial Times) 04-04-2023

Financial Times: US authorities arrest student loan service Frank founder Charlie Javice; the SEC charges her with falsifying Frank user numbers for JPMorgan’s $175M acquisition  —  Charlie Javice allegedly falsified user numbers at student finance company  —  The founder of a student finance website acquired … Lees verder op Tech Meme

Google backtracks on its decision to cap all Google Drive users to 5 million files, saying it will “explore alternate approaches” (Ron Amadeo/Ars Technica) 04-04-2023

Ron Amadeo / Ars Technica: Google backtracks on its decision to cap all Google Drive users to 5 million files, saying it will “explore alternate approaches”  —  The reaction to Google Drive’s secret 5 million file limit makes Google hit “undo.”  —  Google is backtracking on its decision to put a file creation cap on Google Drive. Lees verder op Tech Meme

Georgia-based Bakkt, which offers trading and custodial services, acquires infrastructure provider Apex Crypto for ~$155M, split $55M in cash and $100M in stock (Leo Schwartz/Fortune) 04-04-2023

Leo Schwartz / Fortune: Georgia-based Bakkt, which offers trading and custodial services, acquires infrastructure provider Apex Crypto for ~$155M, split $55M in cash and $100M in stock  —  New York-based Bakkt announced on Monday that it received regulatory approval to acquire trading infrastructure provider Apex Crypto … Lees verder op Tech Meme

China opening its Micron investigation marks the most significant retaliation against US chip sanctions yet and undermines Beijing's open-for-business messaging (New York Times) 04-04-2023

New York Times: China opening its Micron investigation marks the most significant retaliation against US chip sanctions yet and undermines Beijing’s open-for-business messaging  —  Beijing’s security review of Micron Technology, which has deep roots in China, could have wide-ranging ramifications for other foreign businesses. Lees verder op Tech Meme

Kaiko: Binance's market share fell from 70% to 54% in two weeks, the lowest since November 5, after the CFTC lawsuit and the company ended some zero-fee trading (Lyllah Ledesma/CoinDesk) 04-04-2023

Lyllah Ledesma / CoinDesk: Kaiko: Binance’s market share fell from 70% to 54% in two weeks, the lowest since November 5, after the CFTC lawsuit and the company ended some zero-fee trading  —  The exchange’s share of trading volume has dropped to 54% from 70% over the past two weeks.  —  Binance remains … Lees verder op Tech Meme