Month: January 2023

Experts raise concerns about Germany’s plan to heat homes with heat expelled by data centers as the warm air isn’t hot enough for most district heating networks (Bloomberg)

Bloomberg: Experts raise concerns about Germany’s plan to heat homes with heat expelled by data centers as the warm air isn’t hot enough for most district heating networks  —  Germany wants to force its power-hungry data centers to harness excess heat for warming residential homes — an effort which the industry warns is likely to

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A look at Deltec, an obscure Bahamian bank that got a $50M loan from an FTX-tied entity in October 2021, and chairman Jean Chalopin, who has ties to FTX leaders (Forbes)

Forbes: A look at Deltec, an obscure Bahamian bank that got a $50M loan from an FTX-tied entity in October 2021, and chairman Jean Chalopin, who has ties to FTX leaders  —  The loan was among several deals struck with Jean Chalopin, the head of Deltec and Moonstone banks — and co-creator of Inspector Gadget

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Ant Group partners with BNPL service Splitit to let Alipay users on AliExpress in Europe pay for items in installments, starting in Germany, Spain, and France (Wall Street Journal)

Wall Street Journal: Ant Group partners with BNPL service Splitit to let Alipay users on AliExpress in Europe pay for items in installments, starting in Germany, Spain, and France  —  New offering would allow AliExpress shoppers in Europe to pay for goods only after delivery  —  SINGAPORE—Chinese internet …

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A trio of artists sue Stability AI, Midjourney, and DeviantArt over AI art copyright; a firm suing Microsoft, GitHub, and OpenAI over Copilot filed the lawsuit (James Vincent/The Verge)

James Vincent / The Verge: A trio of artists sue Stability AI, Midjourney, and DeviantArt over AI art copyright; a firm suing Microsoft, GitHub, and OpenAI over Copilot filed the lawsuit  —  A trio of artists have launched a lawsuit against Stability AI and Midjourney, creators of AI art generators Stable Diffusion and Midjourney …

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Sources: the European Commission is preparing a statement of objections to Microsoft’s $69B Activision Blizzard deal, set to be released in the coming weeks (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters: Sources: the European Commission is preparing a statement of objections to Microsoft’s $69B Activision Blizzard deal, set to be released in the coming weeks  —  Microsoft (MSFT.O) is likely to receive an EU antitrust warning about its $69 billion bid for “Call of Duty” maker Activision Blizzard …

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Pitch decks: Three Arrows Capital founders Su Zhu and Kyle Davies are hoping to raise $25M to start crypto exchange GTX, partnering with two CoinFlex executives (The Block)

The Block: Pitch decks: Three Arrows Capital founders Su Zhu and Kyle Davies are hoping to raise $25M to start crypto exchange GTX, partnering with two CoinFlex executives  —  – Su Zhu and Kyle Davies, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC), are hoping to raise $25 million …

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Taiwanese government data: integrated circuit chip exports rose 18.4% YoY in 2022, down from 27.1% YoY growth in 2021 and 22% YoY growth in 2020 (Bloomberg)

Bloomberg: Taiwanese government data: integrated circuit chip exports rose 18.4% YoY in 2022, down from 27.1% YoY growth in 2021 and 22% YoY growth in 2020  —  Taiwan’s exports of integrated circuit chips rose in 2022 for a seventh consecutive year, further solidifying the economy’s leadership status …

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After North Korea’s Lazarus Group moved ~41K ETH, worth ~$63.5M, stolen from the Harmony bridge hack, Binance and Huobi freeze 124 BTC linked to the hackers (Ezra Reguerra/Cointelegraph)

Ezra Reguerra / Cointelegraph: After North Korea’s Lazarus Group moved ~41K ETH, worth ~$63.5M, stolen from the Harmony bridge hack, Binance and Huobi freeze 124 BTC linked to the hackers  —  In a recent tweet, on-chain crypto detective ZachXBT said that the hackers have been moving $64 million in the last weekend.  —  75 Total

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