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Filling: the SEC sues Binance and CEO Changpeng Zhao, accusing Binance of mishandling customer funds, lying to regulators and investors, and more (New York Times) 05-06-2023

New York Times: Filling: the SEC sues Binance and CEO Changpeng Zhao, accusing Binance of mishandling customer funds, lying to regulators and investors, and more  —  The S.E.C. said the world’s largest cryptocurrency exchange mixed “billions of dollars” in customer funds and secretly sent … Lees verder op Tech Meme

Policymakers should not let tech executives, who argue their companies are best placed to regulate AI, shape the narrative, and should use independent oversight (Marietje Schaake/Financial Times) 05-06-2023

Marietje Schaake / Financial Times: Policymakers should not let tech executives, who argue their companies are best placed to regulate AI, shape the narrative, and should use independent oversight  —  Policymakers must not let complexity stop them from doing their job  —  The writer is international policy director … Lees verder op Tech Meme

Preqin: in the first five months of 2023, VC funding for Southeast Asian startups hit $4B, down 65% compared to H1 2022, as Grab and GoTo continue to slow down (Tsubasa Suruga/Nikkei Asia) 05-06-2023

Tsubasa Suruga / Nikkei Asia: Preqin: in the first five months of 2023, VC funding for Southeast Asian startups hit $4B, down 65% compared to H1 2022, as Grab and GoTo continue to slow down  —  Wary venture capital investors slash valuations of startups as interest rates rise  —  SINGAPORE — Funding for Southeast Asian startups … Lees verder op Tech Meme