Spring 2022
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SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market selloff, and “run on the bank” reduced it to $9B ahead of the bankruptcy (Nikhilesh De/CoinDesk)
Nikhilesh De / CoinDesk:
SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market selloff, and “run on the bank” reduced it to $9B ahead of the bankruptcy — The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
OnlyFans plans to let creators sell merchandise directly to viewers in partnership with e-commerce platform Spring (Financial Times)
Financial Times:
OnlyFans plans to let creators sell merchandise directly to viewers in partnership with e-commerce platform Spring — Social network will allow content creators to sell merchandise directly to their viewers — Content creators on OnlyFans will be able to sell merchandise directly to their viewers …
UK drugstore chain Boots says it will launch an online marketplace for third-party health and beauty brands in spring 2023 (Katie Linsell/Bloomberg)
Katie Linsell / Bloomberg:
UK drugstore chain Boots says it will launch an online marketplace for third-party health and beauty brands in spring 2023 — Boots plans to start a new online marketplace for health and beauty products to upgrade the UK drugstore chain’s web offering amid increasing competition.
ICO, the UK’s privacy watchdog, warns organizations of the risks of using “emotional analysis” tech, and plans to publish its biometric guidance in spring 2023 (Mack DeGeurin/Gizmodo)
Mack DeGeurin / Gizmodo:
ICO, the UK’s privacy watchdog, warns organizations of the risks of using “emotional analysis” tech, and plans to publish its biometric guidance in spring 2023 — The watchdog’s deputy commissioner warned the tech wasn’t backed by science and that any benefits were outweighed by the risks.
Documents: SpaceX told the Pentagon it can’t donate more Starlink terminals to Ukraine or keep funding the service there, asking the Pentagon to provide funding (Alex Marquardt/CNN)
Alex Marquardt / CNN:
Documents: SpaceX told the Pentagon it can’t donate more Starlink terminals to Ukraine or keep funding the service there, asking the Pentagon to provide funding — Since they first started arriving in Ukraine last spring, the Starlink satellite internet terminals made by Elon Musk’s SpaceX …
Smartex, whose machine vision-based software spots defects in textile manufacturing, raised a $24.7M Series A led by Lightspeed, Tony Fadell’s Build Collective (Haje Jan Kamps/TechCrunch)
Haje Jan Kamps / TechCrunch:
Smartex, whose machine vision-based software spots defects in textile manufacturing, raised a $24.7M Series A led by Lightspeed, Tony Fadell’s Build Collective — A lot of things might spring to mind when you hear “fashion,” but taking care of the planet generally isn’t on that list.