BitGo Raises $100M After Scrapping Prime Trust Deal: Bloomberg The raises comes nearly two months after BitGo ended its plan to buy beleaguered rival Prime Trust.

Sony Expects Smartphone Rebound Only in 2024 After China Fizzles submitted by /u/BcuzRacecar

Former FTX Exec Ryan Salame Talking to Prosecutors About Plea Deal: Bloomberg It was not known whether Salame would cooperate with prosecutors and testify against FTX co-founder and CEO Sam Bankman-Fried.

Bitstamp Raising Funds for Asia, Europe Expansion: Bloomberg Bitstamp is one of the oldest crypto exchanges, founded in 2011.

Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg The UAE-based firm is developing one of the region’s largest mining facilities.

Bloomberg: Apple Considering Price Hike for iPhone 15 Pro Models Apple is “considering” raising the price for both Pro models in its upcoming iPhone 15 series, according to Bloomberg. Citing unnamed people familiar with the matter, the report claims that despite a projected decline in the overall smartphone market, Apple plans to increase its overall revenue by raising the price of the iPhone 15 Pro and iPho…

Bloomberg: No, really, Apple’s working on language AI ↦ Mark Gurman of Bloomberg reports that Apple is working on large-language model AI technology: Apple Inc. is quietly working on artificial intelligence tools… but the company has yet to devise a clear strategy for releasing the technology to consumers.…

Metaverse Startup Futureverse Raises $54M Series A From 10T Holdings, Ripple Labs: Bloomberg Futureverse formed out of the merger of eight companies in late 2022, with three more assimilated subsequently.

Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg Armstrong will meet Democrats from the House of Representatives in the U.S. Congress, aides familiar with the plans told Bloomberg.

Google Spokesperson mocked the very idea that an Android-and-friends model could work as well as iOS. “It’s like doing a car comparison but trying to compare a Honda to a car you build from parts you got at Pep Boys,” Bloomberg reporter wrote about his experience leaving the apple ecosystem, switching to android, windows and supporting items to replace the apple devices and services. When I emailed Google to request interviews with executives about the switching process, a spokesperson accidentally copied me on a note to his team in which he mocked the very…

Sega Rethinks GameFi Plans, COO Calls Blockchain Gaming ‘Boring’: Bloomberg Sega earlier promised it would carefully assess play-to-earn gaming models and NFTs to make sure its efforts in the space weren’t seen as “simply money making.”

Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings.

Binance Australia’s Offices Searched by Financial Regulator: Bloomberg The company, also under investigation in the U.S. and France, ceased its Australian derivatives business following regulatory warnings