| Washington Post: |
Source: Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges like conspiracy, fraud, and money laundering — Former crypto CEO's decision could expedite the criminal and civil cases against him — NASSAU, Bahamas … | Joshua Oliver / Financial Times: |
FTX plans to recoup political donations by Sam Bankman-Fried and his associates, estimated at $70M+ in the 2021-2022 election cycle, to help repay creditors — Crypto group's new management says if funds are not returned voluntarily it will pursue recipients in court| Tracy Wang / CoinDesk: |
A look at Modulo Capital, a mysterious multi-strategy hedge fund founded in 2022 and based in Albany in The Bahamas, which received $400M from Alameda Research — Founded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived.| Ivan Mehta / TechCrunch: |
Twitter pilots Blue for Business with select businesses, helping companies identify employees via an additional badge, but doesn't share other perks and pricing — Twitter launched “Blue for Business” last week alongside relaunching Twitter Blue. At that time, the social network had assigned a gold checkmark to businesses.| Vlad Savov / Bloomberg: |
Replying to a tweet suggesting voting on Twitter policy decisions should be restricted to Blue subscribers, Elon Musk says “Twitter will make that change” — Twitter Inc. will restrict voting on major policy decisions to paying Twitter Blue subscribers, company owner Elon Musk … | Washington Post: |
| Sam Schechner / Wall Street Journal: |
Amazon agrees to settle two EU antitrust cases related to third-party sellers on its platform, won't pay a fine, and will adhere to commitments for seven years — Amazon.com Inc. has agreed to settle two European Union antitrust cases related to allegations about its treatment of third-party sellers … | Wall Street Journal: |
As US lawmakers considered adding antitrust bills to the omnibus spending package, tech trade group CCIA, Meta, Amazon, and others ramped opposition to them — Industry has spent more than $100 million to fight antitrust measures and other bills in Congress — How Apple's iPhone and Apps Trap You in a Walled Garden| Aisha Malik / TechCrunch: |
TikTok begins telling users why a video was recommended in the For You feed, such as previous interactions or followed accounts — TikTok is launching a new feature that allows users to see why a particular video was recommended to them in their For You feed, the company announced on Tuesday.| Nikhilesh De / CoinDesk: |
Over 100 BTC was moved out of cold wallets tied to QuadrigaCX, the exchange bankrupted in 2019 after its CEO allegedly died; trustee EY lost access to the BTC — More than 100 BTC tied to QuadrigaCX moved out of cold storage wallets over the weekend. Quadriga's bankruptcy trustee … | Thomas Brewster / Forbes: |
The DEA finds a Mexico-based methamphetamine and cocaine gang operating across the US, Mexico, Europe, and Australia used Binance to launder $15M to $40M — A methamphetamine and cocaine gang operating across the U.S., Mexico, Europe and Australia used the world's biggest cryptocurrency exchange Binance … | Sergiu Gatlan / BleepingComputer: |
Apple fixes a macOS vulnerability, reported by Microsoft, that let attackers bypass Gatekeeper, a feature that checks if apps are notarized and developer-signed — Apple has fixed a vulnerability attackers could leverage to deploy malware on vulnerable macOS devices via untrusted applications capable … | Norman Harsono / Bloomberg: |
Changpeng Zhao confirms Binance acquired the remaining 49% stake in Indonesian crypto exchange Tokocrypto; the unit will cut 58% of jobs and replace its CEO — Binance Holdings Ltd.'s Indonesian unit is cutting jobs and replacing its top executive after the parent company took nearly full control over it.| New York Times: |
An analysis shows how Chinese-language bots on Twitter drowned out tweets about protests over China's zero-COVID-19 policy, as people sought to evade censors — Twitter and its new owner, Elon Musk, have recently vowed to crack down on bots. But the flood of spam for Chinese users … | Cheng Ting-Fang / Nikkei Asia: |
Sources: in a first, Apple plans to move some MacBook production to Vietnam in 2023, asking Foxconn to begin as early as May, to further diversify from China — iPhone maker aims to have ‘out of China’ production alternatives for key products — TAIPEI — Apple plans to move … | Jay Peters / The Verge: |
Mastodon CEO Eugen Rochko says the social network reached 2.5M MAUs in November, up from around 300,000 in October, as Twitter users flee the service — Mastodon, a decentralized social media platform that many are turning to as a Twitter alternative, saw its userbase skyrocket … | Sarah Krouse / Wall Street Journal: |
Antenna: 9% of Netflix's US sign-ups in November were for its ad tier; 57% of subscribers to the plan were re-joining or new signups, while 43% downgraded — Streaming giant's ad-backed plan accounted for 9% of new signups in the U.S., according to subscription-analytics firm Antenna| Cade Metz / New York Times: |
Google settles a lawsuit with an ex-employee who said the Fellowship of Friends sect dominated a Google unit; longtime sect member Peter Lubbers leaves Google — The suit claimed that the Fellowship of Friends, an obscure group based in the Sierra Nevada foothills, gained influence inside Google.| Matt Levine / Bloomberg: |
An analysis of Elon Musk's reported attempts to raise money for Twitter via an equity sale at an absurd price, why his successor will be unpopular, and more — Oh Elon — Imagine taking the job! Yesterday Elon Musk tweeted a poll asking if he should step down as “head” of Twitter Inc.; … | Dan Primack / Axios: |
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| Rolfe Winkler / Wall Street Journal: |
| Claire Boston / Bloomberg: |