Helene Braun / CoinDesk: Robinhood reports crypto trading volumes down 68% YoY to $2.1B in May 2023, daily average revenue trades for crypto down 53% YoY, and MAUs down 28% YoY to 10.6M  —  The trading platform recently delisted three tokens that were classified as securities in the SEC’s lawsuit against Coinbase and Binance. Lees verder op Tech Meme

CNBC: Source: the US FTC is set to file for an injunction seeking to block Microsoft’s proposed Activision Blizzard acquisition, after suing to block the $68.7B deal  —  The Federal Trade Commission is set to file for an injunction seeking to block Microsoft’s proposed acquisition of Activision Blizzard … Lees verder op Tech Meme

Samuel Stolton / Bloomberg: Sources: the EU is about to hit Google with a formal antitrust complaint focusing on its ad tech, with a statement of objections coming as soon as Wednesday  —  Google is set to be hit with a formal antitrust complaint from the European Union that could lead to massive new fines and strike … Lees verder op Tech Meme

Dhruv Mehrotra / Wired: Documents show some US courts are using Covenant Eyes, an anti-porn app sold to churches to monitor all online activity, to surveil parolees and their families  —  A court used an app called Covenant Eyes to surveil the family of a man released on bond.  Now he’s back in jail, and tech misuse may be to blame. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: HSBC rebrands SVB UK as HSBC Innovation Banking, adding US, Israel, and Hong Kong teams to offer banking services to startups, investors, and other tech clients  —  Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Lees verder op Tech Meme