| Shannon Liao / Washington Post: |
Microsoft signs a 10-year deal to bring Call of Duty to Nintendo platforms for the first time, pending FTC approval of its Activision Blizzard acquisition — Microsoft has signed a deal to bring the Activision Blizzard-published Call of Duty franchise to Nintendo for the first time … | 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 … | Kif Leswing / CNBC: |
Apple, AMD, and Nvidia have all indicated plans to buy chips from TSMC's planned 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.| Financial Times: |
A spreadsheet SBF used in November lists nearly 500 alleged VC investments by Alameda, including in Circle, Genesis, Sky Mavis, Paxos, StarkWare, and Anchorage — A look inside Sam and Caroline's grab-bag of crypto, etc. — As well as running a crypto exchange that didn't exchange crypto … | Mark Gurman / Bloomberg: |
Apple changes App Store pricing to range from $0.29 to $10K, 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 … | Aaron Holmes / The Information: |
Sources: Microsoft recently considered building a “super app” that would combine shopping, messaging, search, news, and other services, inspired by WeChat — Microsoft recently considered building a “super app” that could combine shopping, messaging, web search … | 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.| 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.| Helene Braun / CoinDesk: |
Signature Bank plans to reduce its crypto-tied deposits by $8B-$10B 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.| 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 … | New York Times: |
How Geneva-based developer Proton is waging a sustained fight against Russia's censorship and surveillance campaigns using its VPN tech — 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.| Jason McMaster / VentureBeat: |
GameOn, which develops the AI chatbot ChatOS, used by major sports brands to connect with fans, raised a $35M Series B, bringing its total funding to $54M — Chat platform developer GameOn has raised $35 million in Series B funding. Mirae Asset Venture Investment, Mighty Capital … | Byron Kaye / Reuters: |
An Australian court fined Uber AU$21M for threatening cancellation fees it never charged and overstating fare estimates on some rides; ACCC sought a AU$26M fine — An Australian court fined Uber Technologies Inc (UBER.N) A$21 million ($14 million) on Wednesday for threatening cancellation fees … | Sarah E. Needleman / Wall Street Journal: |
Pinterest adds Elliott Management's Marc Steinberg to its board as part of an agreement with the activist investor; Elliott has a stake of over 9% in Pinterest — Activist investor has also entered into a long-term agreement to help the social-media company grow| Bloomberg: |
Nigeria's central bank slashes the daily ATM withdrawal limit from ~$337/day to ~$45/day in a bid to boost digital payments and eNaira digital currency adoption — Nigeria's central bank slashed the daily withdrawal limit from automatic teller machines in a bid to boost digital payments in Africa's most-populous nation.| 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 … | Thomas Claburn / The Register: |
Researchers find industrial robot exposure among Chinese workers led to a 7.5% decline in employment, 9% drop in hourly wages, and 14% increase in hours worked — Exposed to 'droids? Symptoms may include disinterest, unemployment, lower pay, along with a bit of depopulation| Nilesh Christopher / Rest of World: |
How, in two years, JioMart grew to fulfill 600K grocery deliveries per day in 260 Indian cities, via WhatsApp integration and using Dunzo for last-mile delivery — In its first Diwali season, JioMart's daily sales grew by 2.5 times, with the company managing to shed its grocery-only image.| McKinsey & Company: |
A survey finds that while 50% of businesses have adopted AI in 2022, 2.5x higher than in 2017, AI adoption has plateaued between 50%-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.| Ingrid Lunden / TechCrunch: |
Atomico: European startups are on track to raise $85B in 2022, down from $100B+ in 2021; the European tech industry lost ~$400B in value, dropping to $2.7T — Startups across Europe are on track to raise $85 billion in funding this year — a drop of $15 billion on 2021 levels … | Cristiano Lima / Washington Post: |
US Congress omits the Journalism Competition and Preservation Act from the defense spending bill, amid 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| Josh Eidelson / Bloomberg: |
The NLRB finds that Apple illegally interfered with union organizing in Atlanta by interrogating workers, making them attend anti-union meetings, and more — US labor board prosecutors have determined that Apple Inc. violated federal law by interrogating and coercing employees in Atlanta …
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| Sergiu Gatlan / BleepingComputer: |
| Wall Street Journal: |
| Sam Schechner / Wall Street Journal: |
| Steven Levy / Wired: |
| Sam Kessler / CoinDesk: |
| Tom Warren / The Verge: |
| Jon Porter / The Verge: |
| Tim Hardwick / MacRumors: |