Techmeme
December 12, 2022, 10:35 PM

Top News

CNBC:
Bahamas AG Ryan Pinder and US SDNY Attorney Damian Williams confirm Bahamas police arrested Sam Bankman-Fried, who is under indictment and could be extradited  —  - The cofounder and former CEO of bankrupt crypto trading firm FTX was arrested in the Bahamas after the U.S. attorney …
More: New York Times, Decrypt, CoinDesk, VICE, Axios, Decrypt, Gizmodo, Reuters, Forbes, Washington Post, PYMNTS.com, Insider, Australian Financial Review, BuzzFeed News, Insider, NPR, The Hill, Blockworks, The Information, TechCrunch, The Verge, Engadget, NBC News, The Block, Los Angeles Times, CNET, ABC News, BBC, CNN, @steventdennis@journa.host, The Daily Hodl, @caseynewton@mastodon.social, Forkast, Deadline, Crypto Coin Show Insider …, Newser, Watcher Guru, Bitcoin Magazine, New York Post, Rolling Stone, Livemint, SHERLOC Exposes, Crowdfund Insider, Politico, Bitcoin News, Fast Company, Mashable, New York Post, Financial Times, Sky News, Fortune, Bloomberg, Reuters, Cointelegraph, New York Magazine, Variety, The Daily Beast, Kotaku, and Semafor
U.S. House Committee on Financial Services:
FTX CEO John Ray's testimony to the US House: FTX and Alameda commingled customer assets, insiders were paid $1B+, FTX US was not run independently, and more  —  Chairwoman Waters, Ranking Member McHenry, distinguished members of the Committee: thank you for the invitation to appear before you today.
Reuters:
Sources: US prosecutors are split on charging Binance and its executives over money laundering and sanctions violations and have discussed potential plea deals  —  Splits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation …
Laura Forman / Wall Street Journal:
Similarweb: desktop visits to Twitter's ad manager fell ~74% YoY in Oct. and 85% in Nov., the largest drop since Musk's takeover; the trend continues in Dec.  —  Elon Musk is leading with narrative at Twitter.  Don't lose sight of the dollars and sense.  —  Elon Musk's Unconventional Management Style: Former Employees Share Stories
Platformer:
Sources: on December 11, Twitter briefly blocked traffic from ~30 mobile carriers, mainly in the Asia-Pacific region, in an attempt to rid Twitter of spam  —  PLUS: Why it's time to start leaving Twitter behind  —  On Sunday, Elon Musk tweeted a vague warning: “the bots are in for a surprise tomorrow.”
Cat Zakrzewski / Washington Post:
Jonathan Weil / Wall Street Journal:
Mazars' Binance “proof of reserve” report covers only some assets and liabilities and doesn't vouch for the numbers or assess internal reporting controls  —  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:
Bloomberg:
Sources: the Netherlands and Japan agree in principle to join the US in tightening chipmaking exports to China and limit its ability to obtain advanced chips  —  Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery to China …
Jordan Middler / Video Games Chronicle:
Microsoft Gaming CEO Phil Spencer says Sony opposes the Activision Blizzard deal to “protect its dominance on the console” and to grow by “making Xbox smaller”  —  In the latest war of words over its proposed acquisition of Activision Blizzard, Microsoft's Gaming CEO …
Bloomberg:
Microsoft acquires a 4% stake in the London Stock Exchange, valued at ~£1.6B, as part of a 10-year deal in which LSEG plans to spend $2.8B+ on cloud services  —  Microsoft Corp. agreed to buy a 4% stake in London Stock Exchange Group Plc in a $2.8 billion cloud-computing deal that pushes big tech further into financial markets.

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
Say hello to Zia Answer Bot: Your organization's knowledge, on-demand in every Zoho Lens session.  —  Imagine your technician is halfway through a live remote assistance session.
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.

Featured Podcasts

Big Technology Podcast:
Are AI Glasses Over?, Big Technology Audience Questions, Alex Stamos on AI Cybersecurity
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
The Upstarts Podcast:
Mutiny's Jaleh Rezaei: Walking Away From Millions In Software To Grow Even Faster With Sales AI
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.
Subscribe to The Upstarts Podcast.
Hard Fork:
'Hard Fork' Live, Part 3: Differing Visions of an A.I. Future
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
The billionaire paying AI researchers to stay out of Big Tech
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Nick, Dick and Paul Show:
The Race to the Middle
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:35 PM ET, December 12, 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.

More News

Adam Serwer / The Atlantic:

Earlier Picks

Reuters:
Wall Street Journal:
Bloomberg: