Kali Hays / Fortune: Sources: David Sacks’ role as WH AI and crypto czar will be limited to an adviser role, overseen by Michael Kratsios, partly because he won’t divest from Craft  —  David Sacks may already be getting a taste of how difficult it can be to get things done in Washington D.C. Lees verder op Tech Meme

David Scheer / Bloomberg: Tai Mo Shan, part of Jump Trading’s crypto unit, agrees to pay $123M to settle SEC’s claims it misled investors about the stability of TerraUSD  —  Tai Mo Shan Ltd., part of Jump Trading’s crypto unit, agreed to pay $123 million to settle a US regulator’s claims it misled investors … Lees verder op Tech Meme

Bloomberg: A federal jury in Delaware finds that Qualcomm didn’t violate the terms of an agreement covering Arm’s chip designs that was part of the $1.4B buyout of Nuvia  —  – US jury finds Qualcomm didn’t violate terms of agreement  — Delaware jurors were unable to agree on Nuvia’s alleged breach Lees verder op Tech Meme

Sergiu Gatlan / BleepingComputer: US DOJ says a Romanian involved in Netwalker ransomware attacks has been sentenced to 20 years in prison after pleading guilty to computer fraud and wire fraud  —  Daniel Christian Hulea, a Romanian man charged for his involvement in NetWalker ransomware attacks, was sentenced to 20 years … Lees verder op Tech Meme

Sylvia Varnham O’Regan / The Information: Google hired 100+ staffers of Magic Leap as contractors to assist with Google’s work on its new Android XR OS, raising questions about the future of Magic Leap  —  Google has hired more than 100 staffers at augmented reality firm Magic Leap as contractors to assist with Google’s work … Lees verder op Tech Meme

Stephen Alpher / CoinDesk: Rumble announces a $775M investment from Tether and plans to use $525M to fund a tender offer for ~70M shares of its common stock; RUM jumps 35%+ after hours  —  YouTube competitor Rumble (RUM) is in a deal for a $775 million strategic investment from stablecoin giant Tether. Lees verder op Tech Meme

Reuters: The UK CMA says its Phase 1 probe found chip design software maker Synopsys’ $35B acquisition of 3D software maker Ansys could lower innovation and raise prices  —  UK’s competition watchdog said on Friday it could approve chip design software maker Synopsys’ $35 billion acquisition of Ansys if the regulator’s concerns are resolved. Lees verder op Tech Meme

Dean Takahashi / VentureBeat: Linden Lab says it has spent $1.3B building Second Life, which debuted in 2003, paid out $1.1B to creators, and the virtual world has a ~$650M-pear-year economy  —  Linden Lab has spent $1.3 billion building the Second Life virtual world, which debuted back in 2003 in the first era of the metaverse. Lees verder op Tech Meme

Reuters: Italy’s data regulator fines OpenAI €15M after its investigation found OpenAI processed users’ personal data to train ChatGPT without an adequate legal basis  —  Italy’s data protection agency said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) … Lees verder op Tech Meme