Binance CEO Changpeng Zhao Quits, Pleads Guilty, and Must Pay $200 Million in Fines

Changpeng Zhao, also known as CZ, will step down and plead guilty to violating money-laundering requirements as part of a DOJ settlement. The company will also pay $4.3 billion in fines.

Google Allegedly Allowed Spotify To Bypass Play Store Fees

Spotify has been accused of striking a deal with Google that allowed it to pay no commission when people signed up for subscriptions using Spotify’s own payment system on Android, according to
testimony in the Epic v. Google trial.

DOJ Charges Binance With Vast Money Laundering Scheme and Sanctions Violations

From Russia to Iran, the feds have charged Binance with allegedly conducting well over $1 billion in transactions with sanctioned countries and criminal actors.

Binance CEO Changpeng Zhao Quits and Pleads Guilty to Breaking US Law

Changpeng Zhao, also known as CZ, will step down and plead guilty to violating money laundering requirements as part of a DOJ settlement. The company will also pay $4.3bn in fines.

Recent Anti-Facebook Ruling Threatens Ad Targeting, Tech Industry Warns

A recent California appellate decision against Meta Platforms could effectively ban demographic ad targeting, the tech organization NetChoice warned this week.

Spotify To Revamp Revenue Model To Pay Artists An Additional $1B

By reimagining its royalty model and distribution of funds to creators utilizing its platform, Spotify says there will be an additional $1 billion to distribute to new and popular artists over the
next five years.

Elon Musk’s Media Matters Lawsuit Will Have a ‘Chilling Effect’

Musk has filed his “thermonuclear” suit against Media Matters for America at the same time the Texas Attorney General launched an investigation into the nonprofit.