🇺🇸 America's Necessary Myth for the World

Plus: The Worst Hacks and Breaches of 2022 So Far, China wants to control how its famous livestreamers act, speak, and even dress. And more…

Hello everyone & happy 4th of July to our US readers!

Enjoy today’s Newslit fuelled highlights for your morning.

I hope you find them interesting and, needless to say, if you have any questions or feedback let me know by hitting reply or on Twitter.

Take care and see you tomorrow!

— Jose Montes de Oca

P.S. Was this forwarded to you? Sign up here.

---

Today’s pick

America's Necessary Myth for the World. For European officials and politicians, a great fear gnaws at the back of their minds when they look at the ongoing war in Ukraine: What happens if the United States loses interest? Despite the war being in Europe, involving European powers, with… (Tom McTague via The Atlantic)

Tom McTague @TomMcTague

“The ‘dumb simplicity’ of the story that America tells about itself is both the source of many of its foreign-policy disasters and the necessary myth without which much of the world would be a more brutal place.” A July 4 piece on the importance of myth.

theatlantic.comAmerica’s Necessary Myth for the WorldThe great paradox in the world today is that the “dumb simplicity” of America’s self-perception is both obviously bogus and fundamentally true.

---

The Worst Hacks and Breaches of 2022 So Far. Whether the first six months of 2022 have felt interminable or fleeting—or both—massive hacks, data breaches, digital scams, and ransomware attacks continued apace throughout the first half of this complicated year. With the Covid-19… (Lily Hay Newman / WIRED)

WIRED @WIRED

Whether the first six months of 2022 have felt interminable or fleeting—massive hacks, data breaches, digital scams, and ransomware attacks continued apace throughout the first half of this complicated year.

wired.trib.alThe Worst Hacks and Breaches of 2022 So FarFrom cryptocurrency thefts to intrusions into telecom giants, state-backed attackers have had a field day in the year’s first half.

---

China wants to control how its famous livestreamers act, speak, and even dress. Livestreaming took off in China in 2016 and has since become one of the nation's favorite ways to spend fragments of free time, with 635 million viewers. Top livestreamers command audiences in e-commerce, music, gaming, and comedy, and they make… (Zeyi Yang / MIT Technology Review)

MIT Technology Review @techreview

The lucrative live-streaming business has become the latest target in China’s new wave of censorship.

trib.alChina wants to control how its famous livestreamers act, speak, and even dressThe lucrative livestreaming business has become the latest target in China’s new wave of censorship.

---

Japanese court ruling poised to make Big Tech open up on algorithms. Legal experts suggest case related to recommendations site Kakaku.com could have broader implications Receive free Technology sector updates We'll send you a myFT Daily Digest email rounding up the latest Technology sector news every morning. (Eri Sugiura / Financial Times)

Eri Sugiura @SugiuraEri

Japanese legal experts have said an antitrust case related to a local restaurant website could change how Google, Facebook and Amazon operate in the country. Japanese court ruling poised to make Big Tech open up on algorithms

ft.comSubscribe to read | Financial TimesNews, analysis and comment from the Financial Times, the worldʼs leading global business publication

---

Crypto lending platform Vauld suspends withdrawals, trading and deposits amid financial challenges. Vauld, a Singapore-headquartered crypto lending platform, has suspended withdrawals, trading and deposits on its eponymous service with immediate effect as it navigates “financial challenges,” it said Monday. The startup —… (Manish Singh / TechCrunch)

TechCrunch @TechCrunch

Crypto lending platform Vauld suspends withdrawals, trading and deposits amid financial challenges tcrn.ch/3OK4RCw by @refsrc

tcrn.chCrypto lender Vauld suspends withdrawals, trading and deposits – TechCrunchSingapore-headquartered crypto lender and exchange Vauld is suspending withdrawals, trading and deposits with immediate effect as it navigates financial challenges.

---

The best way to reach new readers is word of mouth. If you click THIS LINK in your inbox, it’ll create an easy-to-send pre-written email you can just fire off to some friends.