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Techmeme
December 2, 2022, 5:55 PM
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Top News

Financial Times:
Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader's MobileCoin trade went bad, wiping out Alameda's 2021 profits  —  Alameda Research sustained up to $1bn loss last year when client's trade on obscure token went sour  —  Hedge fund Alameda Research stepped …
CNBC:
Filing: DOJ requests the appointment of an independent examiner to probe “substantial and serious allegations of fraud, dishonesty” that led to FTX's bankruptcy  —  - FTX's bankruptcy case demands an independent review, the Department of Justice said, because of allegations …
Ivan Mehta / TechCrunch:
Google says it is testing end-to-end encryption for RCS-based group chats on its Messages app  —  Google said today it is testing end-to-end encryption for RCS-based group chats on its Messages app — RCS stands for Rich Communication Services.  The company noted that it will be rolling …
Newley Purnell / Wall Street Journal:
Ye's Twitter account is suspended after he tweeted a picture of a swastika merged with a Star of David; Elon Musk replied, saying he violated Twitter rules  —  West, who goes by Ye, recently had his account restored after being banned in October  —  Kanye West Offers to Buy Parler Amid Backlash Over Anti-Semitic Posts
Patience Haggin / Wall Street Journal:
Sources: Twitter offers advertisers generous incentives, including matching $500K to $1M in spending in 2022, in a bid to jump-start its faltering business  —  Advertisers booking at least $500,000 in incremental spending would be matched, up to a $1 million cap  —  Elon Musk Says Twitter Bankruptcy Is a Possibility.
Adam Morgan McCarthy / The Block:
Mike Novogratz's Galaxy Digital agrees to buy high-security custodian GK8 from bankrupt crypto lender Celsius; Celsius acquired GK8 for $115M in late 2021  —  - Mike Novogratz's Galaxy Digital agreed to buy GK8 from Celsius.  — GK8 was originally acquired by Celsius for $115 million in late 2021.
Richard Waters / Financial Times:
Palmer Luckey's Anduril, which builds autonomous systems for the US military, raised nearly $1.5B at a $7B pre-money valuation, up from $4.2B in June 2021  —  Second-biggest venture capital round of the year in the US values company at $7bn  —  Defence technology start-up Anduril …
New York Times:
China is using phone trackers and other tools to track protestors, the first time mass surveillance has been directed at middle-class people in affluent cities  —  After a weekend of protests, the authorities in China are using the country's all-seeing surveillance apparatus to find those bold enough to defy them.
Derek Thompson / The Atlantic:
A look at some implications for generative AI: “answer engines” replacing search engines, AI mastering cognitive tasks by surveilling how experts work, and more  —  This is Work in Progress, a newsletter by Derek Thompson about work, technology, and how to solve some of America's biggest problems.
Frederic Lardinois / TechCrunch:
AWS launches Application Composer, a low-code tool for visually designing and building serverless applications with a drag-and-drop interface  —  At its re:Invent conference today, AWS announced the launch of AWS Application Composer, a new low-code tool for visually designing and building serverless applications.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:55 PM ET, December 2, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

The Hollywood Reporter:
The Sky-ITV deal raises questions about US ownership of the UK's largest commercially funded free-to-air network and a key part of its cultural landscape

Lucas Shaw / Bloomberg:
Sources: Netflix is studying its data to see why viewers quit its shows after S1, with some shows seeing a 30%-70% S2 drop, as it faces a quarter without hits

Alex Ritman / Variety:
AI-focused studio Particle 6 plans a full-length feature film to be led by the AI “actor” Tilly Norwood, as a hybrid production using film and TV professionals

More News

Olaf Storbeck / Financial Times:
The trial of three Wirecard executives has begun, seeking to understand how the €24B startup imploded in June 2020, one of the largest frauds in German history
Olivia Solon / Bloomberg:
TikTok and Bumble plan to use StopNCII.org's database of hashes of nude images and videos to block revenge porn; Meta has been using it since last year
Anil Ananthaswamy / Nature:
DeepMind unveils DeepNash, an AI agent that matches human experts in the board game Stratego by combining game theory and model-free deep reinforcement learning

Earlier Picks

Marco Quiroz-Gutierrez / Fortune:
Stripe debuts a customizable fiat-to-crypto payments widget for Web3 devs to directly embed into their apps; Stripe to handle KYC checks, fraud, and compliance
Michael Sheetz / CNBC:
SpaceX gets FCC approval to deploy up to 7,500 next-generation Starlink internet satellites in low Earth orbit; SpaceX had applied for nearly 30K satellites
Darrell Etherington / TechCrunch:
Parler's owner says it “has mutually agreed with Ye to terminate the intent of sale of Parler”, after announcing the deal in October
James Hale / Tubefilter:
Discord renames Premium Memberships as Server Subscriptions and makes them available for all US creators; Discord will take a 10% cut of subscriptions
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