Sources: US DOJ officials are considering fraud charges against Binance, but worry that an indictment could cause a run on Binance like the one that befell FTX (Reed Albergotti/Semafor)

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X Corp sues anti-hate campaigners over Twitter research The firm behind X, as Twitter is now known, is suing the Center for Countering Digital Hate August 02, 2023 at 04:32AM

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AMD reports Q2 revenue down 18% YoY to $5.36B, net income down 94% to $27M, Client revenue down 54% to $998M, and Data Center revenue down 11% to $1.3B (Kif Leswing/CNBC)

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Pinterest reports Q2 revenue up 6% YoY to $708M, vs. $699M est., MAUs up 8% YoY to 465M, and says Q3 revenue will grow in the high single digits year over year (Eari Nakano/Bloomberg)

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How illicit data brokers on apps like Telegram peddle internal Amazon market data and offer services like attacking rivals' product listings (Annie Palmer/CNBC)

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Socket, which offers a scanning tool to detect vulnerabilities in open-source code, raised a $20M Series A led by a16z, taking its total funding to $24.6M (Kyle Wiggers/TechCrunch)

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A German data watchdog says it has been probing Worldcoin since November 2022 due to concerns over the project processing "sensitive data at a very large scale" (Elizabeth Howcroft/Reuters)

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