Month: January 2023

Crypto lender Genesis Global Capital has filed for Chapter 11 bankruptcy in New York, listing the estimated range for both assets and liabilities from $1B-$10B (Kevin Simauchi/Bloomberg)

Kevin Simauchi / Bloomberg: Crypto lender Genesis Global Capital has filed for Chapter 11 bankruptcy in New York, listing the estimated range for both assets and liabilities from $1B-$10B  —  Cryptocurrency lender Genesis Global Capital filed for bankruptcy, the latest firm to collapse in the aftermath of FTX’s swift downfall.

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Israel-based aiOla, which uses voice and image recognition to digitize, automate, and streamline manufacturing inspection processes, raised $25M led by New Era (CTech)

CTech: Israel-based aiOla, which uses voice and image recognition to digitize, automate, and streamline manufacturing inspection processes, raised $25M led by New Era  —  The Israeli startup has developed state-of-the-art voice and image recognition combined with advanced AI models to digitize, automate and streamline inspection processes

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Sources: Nintendo plans to increase production of its six-year-old Switch console in the coming fiscal year, starting in April 2023, as demand remains strong (Bloomberg)

Bloomberg: Sources: Nintendo plans to increase production of its six-year-old Switch console in the coming fiscal year, starting in April 2023, as demand remains strong  —  Nintendo Co. plans to increase production of its six-year-old Switch console in the coming fiscal year after shipping roughly 21 …

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Crypto lender Nexo agrees to pay $45M in penalties to settle US SEC and state charges for failing to register the offer and sale of its Earn Interest Product (The Block)

The Block: Crypto lender Nexo agrees to pay $45M in penalties to settle US SEC and state charges for failing to register the offer and sale of its Earn Interest Product  —  – The SEC charged Nexo for failing to register the offer and sale of its crypto asset lending product, called the Earn Interest

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Q Meter Measures… Q, of Course

If you’ve ever dealt with RF circuits, you probably have run into Q — a dimensionless number that indicates the ratio of reactance to resistance. If you ever wanted to measure Q, you could do worse than pick up a vintage Booton 160A Q meter. [Mikrowave1] did just that and shows us how it works

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Texas Instruments names COO Haviv Ilan as its next CEO starting on April 1, replacing Rich Templeton, who has been CEO for 19 years and will remain its chairman (Jordan Novet/CNBC)

Jordan Novet / CNBC: Texas Instruments names COO Haviv Ilan as its next CEO starting on April 1, replacing Rich Templeton, who has been CEO for 19 years and will remain its chairman  —  – Rich Templeton has run Texas Instruments for almost 19 years, and the company has outperformed one exchange-traded fund for chips.

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Crypto lender Nexo agrees to pay $45M in penalties to settle US SEC and state charges for failing to register the offer and sale of its Earn Interest Product (The Block)

The Block: Crypto lender Nexo agrees to pay $45M in penalties to settle US SEC and state charges for failing to register the offer and sale of its Earn Interest Product  —  – The SEC charged Nexo for failing to register the offer and sale of its crypto asset lending product, called the Earn Interest

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Netflix reports Q4 revenue up 1.9% YoY to $7.85B, $55M net income, down from $607M YoY, 231M paid memberships, adding 7.66M subscribers vs. 4.57M expected (Sarah Whitten/CNBC)

Sarah Whitten / CNBC: Netflix reports Q4 revenue up 1.9% YoY to $7.85B, $55M net income, down from $607M YoY, 231M paid memberships, adding 7.66M subscribers vs. 4.57M expected  —  – Netflix added 7.66 million paid subscribers during the fourth quarter, more than the 4.57 million Wall Street expected.

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Twitter quietly updates its developer agreement with a clause banning third-party clients, after claiming the company was “enforcing long-standing API rules” (Karissa Bell/Engadget)

Karissa Bell / Engadget: Twitter quietly updates its developer agreement with a clause banning third-party clients, after claiming the company was “enforcing long-standing API rules”  —  In case there was any doubt about Twitter’s intentions in cutting off the developers of third-party apps …

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Netflix plans to roll out paid password sharing “more broadly” later in Q1 2023 and expects some “cancel reaction” before an improvement in overall revenue (Emma Roth/The Verge)

Emma Roth / The Verge: Netflix plans to roll out paid password sharing “more broadly” later in Q1 2023 and expects some “cancel reaction” before an improvement in overall revenue  —  The era of Netflix password sharing will soon come to a close.  Netflix has plans to enforce password-sharing rules …

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SEC filing: T-Mobile says a hacker stole data for ~37M customer accounts, including names and addresses, but no passwords, SSNs, or financial information (Catherine Larkin/Bloomberg)

Catherine Larkin / Bloomberg: SEC filing: T-Mobile says a hacker stole data for ~37M customer accounts, including names and addresses, but no passwords, SSNs, or financial information  —  T-Mobile US Inc. said a hacker obtained data for 37 million customer accounts, though it didn’t include payment card information or personal identifying numbers.

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Vannevar Labs, which makes software for government agencies to process security data, raised a $75M Series B led by Felicis, bringing its total funding to $90M+ (Maria Deutscher/SiliconANGLE)

Maria Deutscher / SiliconANGLE: Vannevar Labs, which makes software for government agencies to process security data, raised a $75M Series B led by Felicis, bringing its total funding to $90M+  —  Defense technology startup Vannevar Labs Inc. has raised a $75 million funding round led by Felicis Ventures.

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