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December 5, 2022, 8:15 AM
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| Joshua Oliver / Financial Times: |
In an interview, SBF admits involvement in Alameda's largest uses of funds: spending $3B to buy out Binance's stake in FTX and pouring $4B into venture capital — Exchange's former CEO says he was close to key decisions at nominally separate trading firm — Speaking from his bed in Nassau …
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Wall Street Journal, Bloomberg, Decrypt, CryptoPotato, crypto.news, Mailchimp, Inside Bitcoins, Axios, Coinspeaker, Micky, Bloomberg, Reuters, Cointelegraph, The Block, Forkast, and CryptoGlobe
Tweets: @sbf_ftx, @repmaxinewaters, @autismcapital, @brian_armstrong, @billackman, @brian_armstrong, @autismcapital, @adamsamson, @bryvkin, @jbarro, @aosipovich, @wclementeiii, @billackman, @jimiuorio, @tree_of_alpha, @interfluidity, @doombergt, @smdiehl, @bitfinexed, @chrismasterjohn, @birdyword, @doubleeph, @lilmoonlambo, @khalafroula, @kadhim, @twobitidiot, @wallstcynic, @alistairmilne, @theblock__, @smtuffy, @jbarro, @adamscochran, @ldrogen, @zerohedge, @tobi, @punk6529, @johnedeaton1, @adamscochran, @tomfitton, @iamdcinvestor, @mayazi, @twobitidiot, @byronyork, @danprimack, @basedkarbon, @coryklippsten, @intocryptoverse, @kadhim, @nntaleb, @brianstelter, @altcoindailyio, @doubleeph, @thedragonfeeder, @cgasparino, @sdatika1, @zerohedge, @caspiancey, @keubiko, @smtuffy, @mechmarkets, @antoniogm, @trungtphan, @ericbalchunas, and @nkulw
| Ankush Khardori / New York Magazine: |
Unlike Bernie Madoff, SBF has not confessed to any criminal conduct, arguing FTX's collapse was purely sloppiness, meaning a US prosecution could take some time — On December 11, 2008, Bernie Madoff was arrested and criminally charged with one of the biggest financial frauds in history …
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Wired, Finbold, The Hill, The Overspill, ace high, and The Economic Times
| Stephanie Murray / The Block: |
SBF says John Ray III is not working with him or responding to messages, claims Ray made false statements, and dodges questions on Alameda and loaning funds — - Sam Bankman-Fried is taking aim at John Ray, the new CEO of FTX, claiming he's been iced out after the firm filed for bankruptcy protection.
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The Block, Bloomberg, TheStreet, CoinGape, crypto.news, and Wall Street Journal
Tweets: @fintechintern, @fintechfrank, @teanataylor, @altcoingordon, @crypto_crib_, @smtuffy, @smtuffy, @mdudas, @smtuffy, @degenspartan, and @timccopeland
| Joe Rossignol / MacRumors: |
Kuo: mass shipments of Apple's AR/VR headset may be delayed until H2 2023, from previously estimated Q2 2023, due to “software-related issues” — Mass shipments of Apple's long-rumored AR/VR headset may be delayed until the second half of 2023 due to unspecified “software-related issues …
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9to5Mac, XDA Developers, Wareable, Neowin, iPhone in Canada Blog, Digital Trends, BGR India, iThinkDifferent, iMore, SiliconANGLE, Wccftech, Philip Elmer‑DeWitt, Appuals.com, AppleInsider, GSMArena.com, and Cult of Mac
Tweets: @mingchikuo, @mingchikuo, @mingchikuo, @mingchikuo, @rsgnl, @carnage4life, @mingchikuo, @rjonesy, @scobleizer, and @rsgnl
| Simon Sharwood / The Register: |
Rackspace confirms a “security incident” impacted its hosted Microsoft Exchange services, leading to an “extended outage”; customers complain of poor support — Warns recovery could take several days and pledges better support after customer complaints
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DCD, Rackspace Email & …, DoublePulsar, DataBreachToday.com, SecurityWeek, TechRadar, The Register, BleepingComputer, Search Engine Journal, iTnews, IT Management, Help Net Security, docs.rackspace.com, and DataBreaches.net
Tweets: @jwharris, @rackspace, @rackspace, @rackspace, @rackspace, @rackspace, and @rootsecdev
| Reuters: |
Source: Foxconn expects its Zhengzhou plant to resume full production in late December or early January, but plans may change; November revenue drops 11.4% YoY — Apple supplier Foxconn (2317.TW) expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January …
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9to5Mac, Wall Street Journal, AppleInsider, CNN, South China Morning Post, Bloomberg, MacRumors, BGR, CNBC, Philip Elmer‑DeWitt, WRAL TechWire, Financial Times, Foxconn, Wccftech, The Information, Livemint, and TechNode
Tweets: @peterhoskinstv and @sino_market
| James Vincent / The Verge: |
Stack Overflow temporarily bans users from sharing responses generated by ChatGPT, pending a ruling in the future; most answers are wrong on closer inspection — Stack Overflow, the go-to question-and-answer site for coders and programmers, has temporarily banned users from sharing responses generated by AI chatbot ChatGPT.
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Meta Stack Overflow and Tao of Mac
Tweets: @halvarflake, @m_nebra, @harrisosserman, @castillo__io, @tim_stevens, @hhariri, @jjvincent, @jjvincent, @v21, @dcuthbert, @v21, @sina_lana, @0xabad1dea, @vxunderground, @anildash, and @halvarflake
| Lauren Goode / Wired: |
An interview with Max Levchin on Affirm, the US CFPB's inquiry into BNPL services, problems with credit cards, the current economic environment, and more — The PayPal cofounder on why his “buy now, pay later” company Affirm is a healthier way to borrow, what caused the techlash, and Elon Musk's Twitter.
Tweets: @laurengoode, @laurengoode, @laurengoode, @laurengoode, @laurengoode, @laurengoode, @wired, @usmanbk77, @tsimonite, @waltmossberg, and @mlevchin
| Kurt Wagner / Bloomberg: |
Elon Musk says Apple has “fully resumed” advertising on Twitter, after claiming on November 28 that Apple had “mostly stopped” Twitter ads — Elon Musk said Apple Inc. has “fully resumed” advertising on Twitter Inc., further de-escalating a brewing war between two of the world's most influential tech companies.
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Engadget, Silicon Republic, Insider, MacRumors, 9to5Mac, iClarified, Your Apple Update, BGR, iMore, Fortune, iPhone in Canada Blog, Pixel Envy, Reuters, International Business Times, AppleInsider, Philip Elmer‑DeWitt, FOSS Patents, and Livemint
Tweets: @zoeschiffer, @riddle245, @goangelo, @jamessurowiecki, and @karlbode
| Dan Milmo / The Guardian: |
Survey of 8,000 young people in nine European countries finds 34% have pirated content, 27% reported trolling someone, 22% reported inciting violence, and more — EU-funded survey of people aged 16-19 finds one in four have trolled someone - while UK least ‘cyberdeviant’ of nine countries
Tweets: @dannyjpalmer, @sarahchampionmp, @mattnavarra, @rmcunliffe, @uel_news, @katebevan, and @_markmccormack
| Christopher Byrd / New Yorker: |
A wide-ranging interview with Cory Doctorow on lessons from science fiction, Big Tech's comeuppance, surveillance capitalism, smart contracts, dApps, and more — A conversation about the “mediocre monopolists” of Big Tech, the weirdness of crypto, and the real lessons of science fiction.
Tweets: @doctorow, @lproven, @stevesilberman, @thepublicdomain, and @greatdismal
| Joanna Glasner / Crunchbase News: |
Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn — Out of all the beaten-down public companies in the autonomous driving space, Embark Technology stands out as a conspicuously terrible stock market performer.Sponsor Posts
Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
App Spotlight: Profit.co for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
App Spotlight: Profit.co for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Cheeky Pint:
Muse Wonder: Zuckerberg and Wang's $100B AI
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Lenny's Podcast:
Why every company now needs to think and operate like a lab team | Josh Woodward (Google Labs, Gemini, AI Studio)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
Meta & Microsoft's Claude Slowdown, His Agent Leaked His Banking Info, Don't Bully Your AI
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Sources:
Qualcomm's CEO on the coming AI phone supercycle
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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The Upstarts Podcast:
Bringing Back Mammoths And Building Noah's Ark 2.0 | Colossal's Ben Lamm
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Great Chat:
The launch industrial complex
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
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