News

Eleanor Olcott / Financial Times: Sources: Temu is scooping up suppliers removed by Shein, as Shein moves to clean up its supply chain ahead of a planned US listing  —  PDD Holdings-owned marketplace gains manufacturers as fashion competitor prepares for… Read More »Sources: Temu is scooping up suppliers removed by Shein, as Shein moves to clean up its supply chain ahead of a planned US listing (Eleanor Olcott/Financial Times)

Dan Mangan / CNBC: Court notice: the sentencing of Binance CEO Changpeng Zhao has been postponed until April 30, 2024; CZ is free on a $175M release bond in the US  —  – The sentencing of former Binance CEO Changpeng… Read More »Court notice: the sentencing of Binance CEO Changpeng Zhao has been postponed until April 30, 2024; CZ is free on a $175M release bond in the US (Dan Mangan/CNBC)

Amanda Silberling / TechCrunch: EveryNoise, a music encyclopedia using Spotify data, has ceased updating after Spotify laid off the employee running it in December, pissing off the site’s fans  —  Now, Glenn McDonald’s beloved Every Noise At Once project is… Read More »EveryNoise, a music encyclopedia using Spotify data, has ceased updating after Spotify laid off the employee running it in December, pissing off the site’s fans (Amanda Silberling/TechCrunch)

Zoë Schiffer / Platformer: Q&A with Mastodon founder Eugen Rochko on the state of the platform, its future, collaborating with Meta on ActivityPub, Bluesky’s AT protocol, and more  —  Founder Eugen Rochko on helping Threads federate, dodging venture capital, and… Read More »Q&A with Mastodon founder Eugen Rochko on the state of the platform, its future, collaborating with Meta on ActivityPub, Bluesky’s AT protocol, and more (Zoë Schiffer/Platformer)

Reuters: Sources: Founders Fund bought $100M in bitcoin and $100M in ether from late summer to early fall 2023; it sold its crypto portfolio in 2022 for $1.8B in returns  —  Founders Fund, the venture capital firm founded by billionaire… Read More »Sources: Founders Fund bought $100M in bitcoin and $100M in ether from late summer to early fall 2023; it sold its crypto portfolio in 2022 for $1.8B in returns (Reuters)

Nate Raymond / Reuters: A US federal judge blocks the enforcement of an Ohio law that would require children under 16 to get parental consent to use social media apps  —  A federal judge on Monday prevented Ohio from implementing… Read More »A US federal judge blocks the enforcement of an Ohio law that would require children under 16 to get parental consent to use social media apps (Nate Raymond/Reuters)

Brandon Vigliarolo / The Register: Cloudflare defeats another “patent troll”, invalidating parts of Sable Networks’ patents after crowd-sourcing prior art findings through Project Jengo  —  The bounty payouts may be high, but Project Jengo doesn’t miss  —  When it comes… Read More »Cloudflare defeats another “patent troll”, invalidating parts of Sable Networks’ patents after crowd-sourcing prior art findings through Project Jengo (Brandon Vigliarolo/The Register)

Michelle F Davis / Bloomberg: ContextLogic agrees to sell the discount online retailer Wish for $173M to Singaporean company Qoo10; Wish had a $14B valuation when it when public in 2020  —  The parent of discount online retailer Wish has… Read More »ContextLogic agrees to sell the discount online retailer Wish for $173M to Singaporean company Qoo10; Wish had a $14B valuation when it when public in 2020 (Michelle F Davis/Bloomberg)

John Archer / Forbes: Amazon’s Prime Video basic ad tier, which began on Jan. 29 in the US as a downgrade to subscribers, quietly cut Dolby Vision HDR and Dolby Atmos sound support  —  Amazon AMZN caused a furor recently… Read More »Amazon’s Prime Video basic ad tier, which began on Jan. 29 in the US as a downgrade to subscribers, quietly cut Dolby Vision HDR and Dolby Atmos sound support (John Archer/Forbes)

Sean O’Kane / TechCrunch: Cruise names its first chief safety officer, Steve Kenner, as it looks to rehabilitate its image; Kenner has held top safety roles at Uber, Aurora, and Kodiak  —  Cruise has named its first “chief safety officer”… Read More »Cruise names its first chief safety officer, Steve Kenner, as it looks to rehabilitate its image; Kenner has held top safety roles at Uber, Aurora, and Kodiak (Sean O’Kane/TechCrunch)