Techmeme
December 21, 2022, 9:40 AM

Top News

Elon Musk / @elonmusk:
Elon Musk says he plans to resign as CEO when he finds someone “foolish enough to take the job”, after which he plans to run the “software and servers teams”  —  I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams.
Hannah Murphy / Financial Times:
In a Twitter Space, Elon Musk says he expects Twitter to “be okay” next year after cost cutting, claiming the company was on course to spend ~$5B in 2023  —  Social network's owner offers snapshot of dire finances to explain huge lay-offs since $44bn takeover
Jay Peters / The Verge:
George Hotz, aka geohot, who joined Twitter on November 18 after Elon Musk's “extremely hardcore” pledge, resigned, saying he could not make “any real impact”  —  George Hotz, known for being the first person to carrier-unlock an iPhone and jailbreaking the PS3 …
CNBC:
Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges including conspiracy, fraud, and money laundering  —  - Sam Bankman-Fried is set to fly to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.
New York Times:
Juli Clover / MacRumors:
Kuo: Apple plans to cancel or postpone iPhone SE 4 mass production, set for 2024, due to lower than expected shipments of its middle- and lower-tier iPhones  —  Apple will cancel or postpone mass production for the planned 2024 iPhone SE 4, Apple analyst Ming-Chi Kuo said today in a series of tweets.
Brian Fung / CNN:
SEC deposition: Mark Zuckerberg considered disclosing in 2017 that Facebook was investigating “organizations like Cambridge Analytica”, but advisers said not to  —  Mark Zuckerberg considered disclosing in 2017 that Facebook (FB) was investigating “organizations like Cambridge Analytica” …
New York Times:
Mark Zuckerberg testified in US federal court about Meta's acquisition of Within, as the FTC seeks an injunction to stop the deal, in a highly unusual challenge  —  Meta's chief executive made a rare court appearance as the Federal Trade Commission tries to block his company's purchase of the virtual reality start-up Within.
Wall Street Journal:
Sources: the NFL is in advanced talks to give YouTube exclusive Sunday Ticket rights; a deal could be reached as early as December 21 after an NFL owner meeting  —  DirecTV currently pays for rights to subscription package that allows football fans to watch most Sunday afternoon games
Lee Fang / The Intercept:
Internal documents: from at least 2017, Twitter helped the Pentagon in its covert online foreign propaganda campaigns including by whitelisting CENTCOM accounts  —  Twitter executives have claimed for years that the company makes concerted efforts to detect and thwart government-backed covert propaganda campaigns on its platform.
Alex Stamos / @alex@cybervillains.com:
CoinDesk:
US-based crypto miner Core Scientific files for Chapter 11 bankruptcy in Texas, estimating its liabilities and assets at $1B-$10B and creditors at 1,000-5,000  —  The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.
Ax Sharma / BleepingComputer:
Okta tells customers its GitHub repositories were hacked this month and its source code was stolen, but says hackers did not access service or customer data  —  Okta, a leading provider of authentication services and Identity and Access Management (IAM) solutions, says that its private GitHub …
Micah Lee / The Intercept:
Donie O'Sullivan, Drew Harwell, and other journalists remain locked out of their Twitter accounts despite lifted suspensions, until they delete a specific tweet  —  I've been writing critically about billionaire Elon Musk since he took over Twitter — particularly about his “free speech” …
Byron Kaye / Reuters:
A look at the Australian Securities Exchange's blockchain project, abandoned in November 2022, to replace its combined trading, clearing, and settlement system  —  In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd , which runs the Australian stock exchange …
James Reddick / The Record:
US prosecutors say two men conspired with Russian hackers to tamper with JFK airport's taxi queuing software, allegedly letting drivers cut the line for a fee  —  Two Queens men have been arrested and are facing up to 10 years in prison on charges that they conspired with Russian hackers …

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More News

Washington Post:
Marta Belcher / CoinDesk:
Sara Fischer / Axios:

Earlier Picks

Kyle Wiggers / TechCrunch:
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