Canada’s financial intelligence agency issued the fine after finding that Binance didn’t comply with the country’s anti-money laundering and terrorist financing laws. In April, Binance CEO Changpeng Zhao was sentenced to four months in US prison for not doing enough to prevent money laundering on the crypto exchange.
Months after Vice stopped publishing to its website and fired hundreds of workers, Axios reports that it will receive “tens of millions of dollars” as part of a partnership with Savage Ventures. The deal will relaunch Vice.com, Munchies, Motherboard, and Noisey — but Axios says it doesn’t include the digital assets belonging to Vice News.
That’s what WBD CEO David Zaslav said when talking about Max’s new bundle with Disney Plus and Hulu during an earnings call on Thursday. He said that there will “likely be a restructuring of how people view content:”
There’s a lot of irrationality in the market that’s getting shaken out in terms of the amount of money spent... Ultimately, I think the business will look very different in two to three years — and it will be much better for consumers.
In its earnings report released on Thursday, Warner Bros. Discovery revealed that Max gained 2 million subscribers over the past few months, bringing its total subscriber count to 99.6 million members.
The employees, who are represented by the International Association of Machinists & Aerospace Workers, will hold a vote this Saturday on whether or not to go on strike. The union says Apple hasn’t addressed workers’ concerns despite “persistent efforts to engage in constructive and meaningful dialogue.”
Ahead of Warner Bros. Discovery’s earnings report on Thursday, Bloomberg reports that the company may announce more layoffs and raise prices on its Max streaming service, which already costs $9.99 per month with ads.
Even though Apple is steering Windows users toward its new Apple Music app, it’s still pushing updates to its aging iTunes app on the operating system. The new iTunes version 12.13.2 fixes an exploit that could cause “unexpected app termination or arbitrary code execution.”
Bloomberg reports that Kerr, who has been with Apple since 1999, has informed the company that he plans on leaving. Kerr worked on the same team as designer Jony Ive and helped develop “several generations” of the iPhone, iPad, and Mac.
Other members of Ive’s team, including hardware designer Evans Hankey, have also left Apple following Ive’s departure in 2019.
