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December 7, 2022, 10:00 AM
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WeSmirchTop News
| Shannon Liao / Washington Post: |
Microsoft agrees to a 10-year deal to bring Call of Duty to Nintendo Switch for the first time, pending FTC approval of its Activision deal, but offers no date — Microsoft has signed a deal to bring the Activision Blizzard-published Call of Duty franchise to Nintendo for the first time …
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Bloomberg, New York Times, Kotaku, Forbes, BBC, Livemint, Silicon Republic, New York Post, T3, iPhone in Canada Blog, VentureBeat, RTÉ, Financial Times, GamesIndustry.biz, Polygon, Pure Xbox, PC Gamer, IGN, SlashGear, TrueAchievements, FOSS Patents, Tech Xplore, Pocket-lint, Press Start, Appuals.com, The Verge, Thurrott, Wccftech, OnMSFT.com, Nintendo World Report Updates, GeekWire, Push Square, Gameranx, Engadget, Windows Central, Neowin, Video Games Chronicle, Gamereactor UK, GameSpot, Dexerto, Twinfinite, and CoinGape
Tweets: @xboxp3, @bradsmi, @xboxp3, @shannon_liao, @izzataziz, @hamp_leehampton, @nickstatt, @dinabass, @345triangle, @g27status, @deantak, @shannon_liao, @okami13_, @johntv, @tomwarren, @nickstatt, @stevecla, @vicious696, @powreturns, @charlieintel, @andreapichinini, @genepark, @cullend, @dinabass, @benjisales, @skillupyt, @legacykillahd, @paultassi, @destinlegarie, @klobrille, @benjisales, @jezcorden, @shannon_liao, @theghostofhope, and @serkantoto. Thanks:@stevecla
| Kif Leswing / CNBC: |
Apple, AMD, and Nvidia have all indicated plans to buy chips from TSMC's future Arizona fabs, expected to open in 2024 and 2026 — - Apple CEO Tim Cook spoke at an event in Arizona on Tuesday, ahead of remarks expected by President Joe Biden later in the day, where Cook confirmed Apple will buy chips built in the U.S.
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Reuters, 9to5Mac, The Verge, My Laptop Guide, TechCircle, Nikkei Asia, The Verge, Telecoms.com, Silicon Republic, iPhone Hacks, Digital Trends, MacRumors, Android Headlines, iThinkDifferent, Watcher Guru, 9to5Mac, MarketWatch, Silicon Valley Business …, XDA Developers, BGR, iMore, Livemint, SlashGear, iPhone in Canada Blog, and Engadget
| Tim Culpan / Bloomberg: |
Despite Joe Biden and Tim Cook celebrating TSMC's long-planned Arizona fabs, the tech will be outdated and capacity small, a far cry from US chip independence — President Joe Biden is so proud of Taiwan Semiconductor Manufacturing Co.'s new facility that he went to Arizona to celebrate it.| Mark Gurman / Bloomberg: |
Sources: Apple reins in its ambitious self-driving plans for its electric vehicle, delayed to 2026, now with a steering wheel, pedals, and highway-only autonomy — Apple Inc. has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car's target launch date …
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XDA Developers, Silicon Republic, TechSpot, Digit, Notebookcheck.net, BGR India, Digital Trends, MarketWatch, SiliconANGLE, The Information, Reuters, Silicon Valley Business …, iPhone in Canada Blog, MacRumors, Mashable, iThinkDifferent, Philip Elmer‑DeWitt, and MobileSyrup
| William Turton / Bloomberg: |
Elon Musk says Twitter's deputy general counsel Jim Baker was “exited”, citing “concerns” over the “suppression of information” related to the “Twitter Files” — Jim Baker, Twitter Inc.'s deputy general counsel, was pushed out of the company …
More:
Insider, CoinGape, Wall Street Journal, The Economic Times, and New York Post
| Bloomberg: |
A look at the digital asset diehards at Art Basel in Miami, who tried to ignore the fallout from FTX's collapse even as FTX merch remained, hidden in storerooms — At a dazzling new hotspot in the center of Miami's crypto scene, the remains of Sam Bankman-Fried's collapsed empire are stuffed in trash bags.
More:
CoinGape. Tweets: @emilyjnicolle, @ampressman, @solanaspaces, @crypto, @crypto, and @milenarodban
| Shaurya Malwa / CoinDesk: |
Facing a large deficit in its treasury, DeFi protocol Sushi proposes diverting fees from the Kanpai protocol and reduces its runway requirement from $9M to $5M — Developers proposed to divert 100% of fees generated on the platform to Sushi's multisig for one year or until new tokenomics are implemented.
More:
SushiSwap and CoinJournal
Tweets: @matthewlilley, @barryfried1, @substreight, @du09btc, @adamscochran, @_vaporfi, @hodlkryptonite, and @cryptoian
| Alexandra Alper / Reuters: |
US senators scale back a proposal that would have prohibited the government and its contractors from using China-made chips, after pressure from trade groups — U.S. senators scaled back a proposal that placed new curbs on the use of Chinese-made chips by the U.S. government and its contractors …
Tweets: @robertcobrien, @davidshepardson, and @jchengwsj
| Faiz Siddiqui / Washington Post: |
Twitter ads for Amazon, Snap, Uber, and other major brands appeared on the pages of at least two white nationalists, whose accounts were restored by Elon Musk — Ads from dozens of major brands were appearing on white nationalist and extremist accounts — Ads for more than three dozen … | Financial Times: |
Sources: FTX reached the late stages of talks with Taylor Swift over a $100M+ sponsorship deal, supported by Swift fan SBF, who faced opposition from FTX execs — Negotiations between singer-songwriter and Sam Bankman-Fried's crytpo group collapsed this spring
More:
The Block and crypto.news
| Andrew Romero / 9to5Google: |
Telegram partners with Fragment to let users create an anonymous number to join the service, removing the need for a SIM card, and expands security features — For years, apps like Telegram and Whatsapp have restricted access to users who could sign up using a SIM card and phone number.
More:
TechCrunch, Telegram, Android Police, Gizchina, Livemint, Android Headlines, Android Authority, and XDA Developers
| Adam James / The Block: |
Auditing firm Mazars says Binance's bitcoin reserves have a 101% collateralization ratio, after doing a proof-of-reserves and proof-of-liabilities verification — - Mazars concluded that Binance's bitcoin reserves are fully collateralized, following a proof-of-reserves and proof-of-liabilities verification.| Mark Gurman / Bloomberg: |
Apple changes App Store pricing to range from $0.29 to $10,000, from $0.49 to $999.99, starting with subscription apps; top 100 prices require Apple's approval — Apple Inc. is changing the pricing structure for the App Store to let developers charge a wider range of amounts …
More:
Apple, Ars Technica, Thurrott, ZDNet, iPhone Hacks, PYMNTS.com, MacRumors, MobileSyrup, PCMag, and @chockenberry@mastodon.social
Tweets: @greengart, @film_girl, @rsgnl, @drbarnard, @technology, @elkmovie, @benbajarin, @markgurman, and @asymco
| Tom Warren / The Verge: |
Microsoft launches Discord-like communities in Teams for Android and iOS, letting users organize groups with its calendar, meeting, and chat features for free — Microsoft is launching a new communities feature for Microsoft Teams today, designed for consumers to use the best parts of Teams free …
More:
Engadget, Microsoft 365 Blog, and Digital Trends
Tweets: @elttob_, @tomwarren, and @caseynewton
| Helene Braun / CoinDesk: |
Signature Bank plans to cut its crypto-tied deposits by $8B-$10B, or to under 15%; as of September 2022, ~23.5% of the bank's $103B deposits came from crypto — Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses.
More:
Financial Times, PYMNTS.com, and TheBitTimes.Com's Newsletter
Tweets: @fintechfrank, @mayazi, @iamdcinvestor, @bobloukas, and @genia_xx
| Parmy Olson / Bloomberg: |
OpenAI's ChatGPT presents a potentially serious threat to Google, offering quick, comprehensive answers to difficult questions that require no further searches — A new chatbot from OpenAI took the internet by storm this week, dashing off poems, screenplays and essay answers that were plastered …
More:
One Useful Thing, Wired, New York Post, TechCircle, Fortune, Android Headlines, and Search Engine Journal
Tweets: @trungtphan, @copyconstruct, @zeynep, @pt, @valuestockgeek, @gritcult, @labnol, @burgotastic, @ecommerceshares, @shepdanellos, @typesfaster, @kennethcassel, @tsrandall, @joshuaogundu, @tanayj, @willoremus, @carnage4life, @vanschneider, @nazirafzal, @carnage4life, @caseynewton, @emollick, and @thereseraphael1
| Cristiano Lima / Washington Post: |
Congress leaves out the Journalism Competition and Preservation Act from the US defense spending bill, after intense pushback from industry and advocacy groups — Facebook threatened to block news in the U.S. over the measure, which was under consideration as part of a defense package
More:
CNN, Insider, Bitcoinist.com, Android Headlines, Axios, Cointelegraph, and CoinDesk
Tweets: @senatorshoshana, @libertarianblue, @jkealing, @evan_greer, @matthewkeyslive, @viacristiano, and @kellymakena
| McKinsey & Company: |
A survey finds that while 50% of businesses are using AI in 2022, 2.5x higher than in 2017, AI adoption has plateaued between 50% and 60% for the past few years — Adoption has more than doubled since 2017, though the proportion of organizations using AI 1 has plateaued between 50 and 60 percent for the past few years.
More:
AI News and Beyond Search
| New York Times: |
How Geneva-based VPN startup Proton's ~25 engineers are fighting Russian censorship, a back-and-forth battle since the government blocked Proton in March 2022 — The cat-and-mouse experience of Proton, a Swiss company, shows what it's like to be targeted by Russian censors — and what it takes to fight back.
Tweets: @satariano, @hatr, @protonvpn, @kenroth, @privacymatters, and @natynettle
| Deepsekhar Choudhury / Moneycontrol: |
Sources: India tells Nick Clegg and other Meta executives to complete takedown requests within an hour and says Google has a higher rate of compliance than Meta — Union IT minister Ashwini Vaishnaw also told Meta that it needs more fact-checkers in India in proportion to the country's population …
Tweets: @deepsekharc, @deepsekharc, @chandrarsrikant, @moneycontrolcom, @deepsekharc, and @chandrarsrikant
| Yuvraj Malik / Reuters: |
Mobileye reports Q3 revenue up 38% YoY to $450M, narrowly beating analyst estimates, and a $45M net loss, up from $26M YoY, in its first post-IPO earnings — Mobileye Global Inc (MBLY.O) beat estimates for revenue on Wednesday in its first quarterly report after going public in October …
More:
Barron's Online and Mobileye
| Bloomberg: |
Hedge fund Fir Tree Capital sues Grayscale Investments for info on potential mismanagement, as GBTC, down ~74% YTD, trades at a ~43% discount to its BTC's value — Fir Tree Capital Management is suing Grayscale Investments for information to investigate potential mismanagement and conflicts …
More:
New York Times, Decrypt, crypto.news, Watcher Guru, Cointelegraph, and CoinDesk
Tweets: @nategeraci, @ap_archpublic, @mhiesboeck, @tier10k, @bitfinexed, and @iamdcinvestor
| Gretchen Morgenson / NBC News: |
A look at Silvergate, one of the few US banks that let customers move dollars onto crypto exchanges, now drawing congressional scrutiny following FTX's collapse — Silvergate is one of the few U.S. banks that let customers move dollars onto crypto exchanges. FTX and related firms, like Alameda Research, had 20 Silvergate accounts.
More:
Blockworks, SEC.gov, CoinGeek, Financial Times, U.S. Senator John Kennedy, Wall Street Journal, PYMNTS.com, ZyCrypto, and Benzinga
Tweets: @senjohnkennedy and @senwarren
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