🚔 Ex-C.I.A. Engineer Convicted in Biggest Theft Ever of Agency Secrets
Plus: Inflation rose 9.1% in June, even more than expected. Crypto Crash Drags Lender Celsius Network Into Bankruptcy. And more
Ex-C.I.A. Engineer Convicted in Biggest Theft Ever of Agency Secrets. The top federal prosecutor in Manhattan said Joshua Schulte had engaged in “one of the most brazen and damaging acts of espionage in American history.”… (Ed Shanahan / The New York Times)
Inflation rose 9.1% in June, even more than expected, as price pressures intensify. The consumer price index for June was expected to rise 8.8% from a year ago, according to Dow Jones estimates. (Jeff Cox / CNBC)
Crypto Crash Drags Lender Celsius Network Into Bankruptcy. Crypto lender Celsius Network LLC has filed for bankruptcy protection a month after halting withdrawals, in the wake of a collapse in digital currency prices that stretched the crypto lending platform's business model past the breaking point. The… (Alexander Gladstone / Wall Street Journal)
Netflix is partnering with Microsoft for its new ad-supported tier. Netflix is partnering with Microsoft for its upcoming ad-supported streaming tier, the company announced Wednesday. The streaming service says Microsoft will become its “global advertising technology and sales partner” upon rolling… (Emma Roth via The Verge)
Amazon's Ring gave a record amount of doorbell footage to the government in 2021. Ring, the maker of internet-connected video doorbells and security cameras, said in its latest transparency report that it turned over a record amount of doorbell footage and other information to U.S. authorities last year. The Amazon-owned company… (Zack Whittaker / TechCrunch)
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