Techmeme
December 12, 2022, 8:05 AM

Top News

Bloomberg:
Elon Musk tweets an excerpt of Yoel Roth's doctoral dissertation and baselessly suggests the former Twitter executive is an advocate for child sexualization  —  Elon Musk posted tweets including an excerpt of Yoel Roth's doctoral dissertation Saturday that suggested the former Twitter executive …
Jonathan Weil / Wall Street Journal:
Mazars' recent Binance “proof of reserve” report only covers a small set of financial data, raising fresh questions about Binance's ability to meet obligations  —  Crypto exchange has begun releasing data to shore up confidence following collapse of FTX  —  Crypto's Crash Has Been Swift but Largely Self-Contained.
André Beganski / Decrypt:
Binance CEO Changpeng Zhao acknowledges temporarily suspending accounts over “abnormal” altcoin trading, following a spat with a high-profile crypto trader  —  The company says the observed activity had nothing to do with compromised accounts or leaked API keys.
Reuters:
Sources: US prosecutors are split on charging Binance and its executives over possible money laundering and sanctions violations and have discussed a plea deal  —  Splits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation …
Bloomberg:
Microsoft acquires a 4% stake in the London Stock Exchange, valued at around £1.6B, as part of a 10-year agreement for data and cloud infrastructure  —  Microsoft Corp. agreed to buy a 4% stake in London Stock Exchange Group Plc as part of a $2.8 billion cloud-computing deal that pushes big tech further into financial markets.
Cade Metz / New York Times:
Experts warn chatbots like ChatGPT and LaMDA pose a “hallucination” problem, reshaping what they have learned without regard for whether the end result is true  —  Siri, Google Search, online marketing and your child's homework will never be the same.  Then there's the misinformation problem.
Washington Post:
Jordan Middler / Video Games Chronicle:
Microsoft Gaming CEO Phil Spencer says Sony opposes the Activision Blizzard acquisition to “protect its dominance” and grows by “making Xbox smaller”  —  In the latest war of words over its proposed acquisition of Activision Blizzard, Microsoft's Gaming CEO has claimed …
Igor Bonifacic / Engadget:
Twitter starts rolling out Community Notes, the crowdsourced feature for fact-checking tweets that debuted in 2021 as Birdwatch, to all its users globally  —  Twitter has begun rolling out Community Notes to all of its users globally, the company announced on Saturday.
Song Jung-a / Financial Times:
South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA tokens, is hiding in Serbia, traveling via Dubai from Singapore in October  —  Prosecutors seek co-operation with Belgrade as search intensifies for Terraform chief  —  South Korean prosecutors believe that Do Kwon …
Benj Edwards / Ars Technica:
With AI image generation tools like Stable Diffusion and DreamBooth, it is easy to make life-wrecking deepfakes with a few photos of a person from social media  —  AI tech makes it trivial to generate harmful fake photos from a few social media pictures.  —  If you're one of the billions …
Reuters:
Hong Kong security secretary Chris Tang says Google refused to change its search results from a protest song to China's “correct national anthem”  —  Google has refused to change its search results to display China's national anthem, rather than a protest song …
Krisztian Sandor / CoinDesk:
A look at what went wrong at decentralized lending protocol Maple Finance, as $54M in loans, or 66% of its lending pools, turn bad and what could happen next  —  Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade.
Jules Wang / Android Police:
Xiaomi announces the ~$575 Xiaomi 13 and ~$720 Xiaomi 13 Pro, adding a Snapdragon 8 Gen 2 chipset, available in China, and the Watch S2, Buds 4, and more  —  When it comes to cameras, Leica's all about the focal lengths … Xiaomi has become a perennial player in the Qualcomm stakes …

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Earlier Picks

Dara Kerr / The Markup:
Eri Sugiura / Financial Times:
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