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Today’s Storystream
Feed refreshed 47 minutes ago • Midjourneys
R
Russell Brandom47 minutes ago
Oracle will pay $23 million to settle foreign bribery charges.
The SEC alleges that Oracle used a slush fund to bribe officials in India, Turkey and the United Arab Emirates.
This behavior is sadly common among software companies doing business overseas, and it’s not unique to Oracle. In March, a former Microsoft executive claimed the company spent as much as $200 million a year in bribes for foreign officials.
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Emma Roth3:16 PM UTC
Celsius’ CEO is out.
Alex Mashinsky, the head of the bankrupt crypto lending firm Celsius, announced his resignation today, but not after patting himself on the back for working “tirelessly to help the company.”
In Mashinsky’s eyes, I guess that means designing “Unbankrupt yourself” t-shirts on Cafepress and then selling them to a user base that just had their funds vaporized.
At least customers of the embattled Voyager Digital crypto firm are in slightly better shape, as the Sam Bankman-Fried-owned FTX just bought out the company’s assets.
Celsius Network CEO Submits Letter of Resignation
[Business Wire]
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Must Reads
Must Reads
Must Reads
How Arm conquered the chip market without making a single chip, with CEO Rene Haas
Intel’s Unison app syncs iOS and Android phones with your PC
The Freewrite typewriter gets a smaller design with a dramatic price cut
Nreal’s $379 AR glasses launch in the US today
Roomba’s latest robot vacuum has a robot mop on top
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Asian America learns how to hit back
The desperate, confused, righteous campaign to stop Asian hate
Esther WangSep 26%2Fcdn.vox-cdn.com%2Fuploads%2Fchorus_asset%2Ffile%2F23999606%2Facastro_STK460_googlePlay_03.jpg&w=2400&q=75)
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Podcasts
PodcastsSee more Podcasts
Podcasts
How Arm conquered the chip market without making a single chip, with CEO Rene Haas
It’s never been easier to be an artist — or harder to become a star
Vergecast: Apple Watch Ultra review, next-gen GPUs, and more gadgets
Today on The Vergecast: GTA, TikTok, and iPhones.
I tried replacing Google with TikTok, and it worked better than I thought
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M
Mary Beth Griggs2:46 PM UTC
NASA’s SLS rocket is secure as Hurricane Ian barrels towards Florida.
The rocket — and the Orion spacecraft on top — are now back inside the massive Vehicle Assembly Building. Facing menacing forecasts, NASA decided to roll it away from the launchpad yesterday.
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A
Andrew J. Hawkins1:30 PM UTC
Harley-Davidson’s electric motorcycle brand is about to go public via SPAC
LiveWire has completed its merger with a blank-check company and will make its debut on the New York Stock Exchange today. Harley-Davison CEO Jochen Zeitz called it “a proud and exciting milestone for LiveWire towards its ambition to become the most desirable electric motorcycle brand in the world.” Hopefully it also manages to avoid the cash crunch of other EV SPACs, like Canoo, Arrival, Faraday Future, and Lordstown.
Most Popular
Most Popular
Most Popular
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A
Andrew Webster1:06 PM UTC
“There’s an endless array of drama going on surrounding Twitch right now.”
That’s Ryan Morrison, CEO of Evolved Talent Agency, which represents some of the biggest streamers around. And he’s right — as you can read in this investigation from my colleague Ash Parrish, who looked into just what’s going on with Amazon’s livestreaming service.
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Richard Lawler12:59 PM UTC
Green light.
NASA’s spacecraft crashed, and everyone is very happy about it.
Otherwise, Mitchell Clark is kicking off the day with a deeper look at Dish Network’s definitely-real 5G wireless service , and Walmart’s metaverse vision in Roblox is not looking good at all.
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Jess Weatherbed11:49 AM UTC
Won’t anyone think of the billionaires?
Forbes reports that rising inflation and falling stock prices have collectively cost members of the Forbes 400 US rich list $500 billion in 2022 with tech tycoons suffering the biggest losses.
Jeff Bezos (worth $151 billion) lost $50 billion, Google’s Larry Page and Sergey Brin (worth a collective $182b) lost almost $60b, Mark Zuckerberg (worth $57.7b) lost $76.8b, and Twitter co-founder Jack Dorsey (worth $4.5b) lost $10.4b. Former Microsoft CEO Steve Ballmer (worth $83b) lost $13.5b while his ex-boss Bill Gates (worth $106b) lost $28b, albeit $20b of that via charity donations.
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Thomas Ricker6:45 AM UTC
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R
Richard Lawler12:00 AM UTC
A direct strike at 14,000 mph.
The Double Asteroid Redirection Test (DART) scored a hit on the asteroid Dimorphos, but as Mary Beth Griggs explains, the real science work is just beginning.
Now planetary scientists will wait to see how the impact changed the asteroid’s orbit, and to download pictures from DART’s LICIACube satellite which had a front-row seat to the crash.
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