Techmeme
December 22, 2020, 11:15 PM

Top News

Nikhilesh De / CoinDesk:
SEC sues Ripple Labs, its CEO Brad Garlinghouse, and Chairman Chris Larsen, alleging they violated federal securities laws in selling XRP to retail consumers  —  The U.S. Securities and Exchange Commission (SEC) believes Ripple Labs violated federal securities laws in selling the XRP cryptocurrency to retail consumers.
Jennifer Epstein / Bloomberg:
Biden transition team says Twitter told it current followers of @POTUS won't carry over to Biden, whose @POTUS account will start at zero, a reversal from 2017  —  - Followers were transfered to Trump from Obama in 2017  — First lady, press secretary accounts also reset to zero
Alex Gallagher / NME:
The COVID-19 relief bill passed by Congress includes the Felony Streaming Bill, which makes illegal streaming for profit a felony, with up to 10 years jail time  —  Targeting illegal for-profit streaming providers, not individual users  —  The US Congress has passed a COVID-19 stimulus bill …
Substack Blog:
Explaining its content moderation policy, Substack says it will “resist public pressure to suppress voices that loud objectors deem unacceptable”  —  Building a system that puts readers and writers in charge  —  As Substack grows, there is increasing interest in the stance we take on content moderation.
Catalin Cimpanu / ZDNet:
Three VPNs popular with criminals and active for over a decade have had their servers and web domains seized by law enforcement from US, Germany, France, others  —  The three VPN services provided safe haven for cybercriminals to carry out ransomware attacks, web skimming operations, spearphishing, and account takeovers.
Kurt Wagner / Bloomberg:
Dana Mattioli / Wall Street Journal:
Investigation details Amazon's campaigns over the years to steamroll rivals and partners, including those on its marketplace, sometimes with Bezos' involvement  —  CEO Jeff Bezos still runs the e-commerce giant with the drive of a startup trying to survive, and that strand of its corporate DNA is becoming a liability
Washington Post:
Sources: in the early stages of US antitrust investigations, Facebook offered to help others build a social networking competitor using its network and code  —  The company ramped up its lobbying, hired high-powered lawyers and launched a slew of internal initiatives as the government prepared to sue …
Wall Street Journal:
Alexander Osipovich / Wall Street Journal:
SEC approves NYSE's plan to let companies raise capital and issue new shares via direct listings, potentially helping startups save on bank fees  —  Proposal lets companies raise capital through direct listings  —  The Securities and Exchange Commission will allow companies …
Sascha Segan / PCMag:
Testing suggests Verizon's dynamic spectrum sharing tech, which reuses parts of 4G channels for 5G, often produces slower speeds on 5G than its LTE network  —  Verizon's DSS 5G can be slower than 4G.  We explain why, and how to turn off or disable 5G on your iPhone.
Rest of World:
A look at India's booming dark data economy: stalkerware and spyware apps, databases about parents, cable customers, pregnant women, mutual fund investors, more  —  Thanks to lax privacy laws and high consumer demand, details on everything from how you shop to who you date are all for sale.
Catalin Cimpanu / ZDNet:
Group of 19 security firms and tech companies including Microsoft and McAfee form Ransomware Task Force to develop a standard framework to deal with ransomware  —  The newly-founded Ransomware Task Force will work to put together a standard framework for dealing with ransomware attacks.

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Featured Podcasts

Big Technology Podcast:
OpenAI President Greg Brockman on GPT-5.5 "Spud," AI Model Moats, and Cybersecurity Risks
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The Nick, Dick and Paul Show:
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Dylan Patel - The Infinite Demand for Tokens, Claude Mythos, and Supply Constraints
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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Earlier Picks

Simon Parkin / New Yorker:
New York Times:
Raphael Satter / Reuters:
Reuters: