| Reuters: |
Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX — Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul's Alameda Research … | Reuters: |
Sources: Elon Musk had Twitter remove safety resources related to suicide, child sexual exploitation, and more; Twitter says they will return after a revamp — Twitter Inc removed a feature in the past few days that promoted suicide prevention hotlines and other safety resources to users looking … | Naomi Jagoda / Bloomberg: |
After pushback, the IRS delays requiring e-commerce apps such as Venmo, PayPal, Cash App, and Etsy to send tax forms to small businesses with $600+ transactions — The Internal Revenue Service is delaying a requirement for e-commerce platforms, including Venmo, PayPal, Cash App and Etsy … | Bloomberg: |
The 2022 crypto winter showed the digital asset ecosystem is more interconnected than many participants realize, despite decentralization being a core tenet — As 2021 came to a close, crypto enthusiasts were brimming with optimism. After all, it had been a banner year: Nonfungible tokens, or NFTs, had crossed into the mainstream.| Bloomberg: |
The FTC orders Mastercard to give its rivals customer data for processing debit card payments, alleging Mastercard used tokenization to block competing networks — The Federal Trade Commission ordered Mastercard Inc. to start providing its competitors with customer account information … | Wayne Ma / The Information: |
A look at the challenges Apple's chip group faces; sources: Apple cut the iPhone 14 Pro's next-gen GPU with ray tracing to avoid battery and overheating issues — For more than a decade, Apple's silicon engineering group has helped give Apple a competitive edge in smartphones and laptops.| Lauren Feiner / CNBC: |
Congress passes a $1.7T spending package, including a bill banning TikTok on federal government devices, but fails to pass many aggressive bills targeting tech — - Congress passed a large spending package that includes a bill banning TikTok from being used on government devices.| Che Pan / South China Morning Post: |
Tencent confirms it joined the open-source chip group RISC-V International as a premier member; 13 out of 25 premier members are from China, including Huawei — Tencent Holdings is the latest Chinese tech firm to join RISC-V International, the world's largest open-source processor architecture group … | Ingrid Lunden / TechCrunch: |
An interview with Mastodon CEO Eugen Rochko on scaling the network, plans for a split revenue model “like Mozilla's” and no ads, talking to investors, and more — Is federated really the future? — Twitter is in crisis these days. Under new owner Elon Musk … | Jess Weatherbed / The Verge: |
Jack Sweeney revives @ElonJet as @ElonJetNextDay, tracking Elon Musk's jet with a 24-hour delay, after Twitter banned sharing other peoples' real-time location — The college student who ran the now-banned @ElonJet Twitter account that used public information to track Elon Musk's private jet … | Manish Singh / TechCrunch: |
Philadelphia-based Exyn, which develops AI-powered navigation tech for drones and robots, raised a $35M Series B from Reliance and others at a ~$107M valuation — Reliance has backed the Philadelphia-based AI and robotics startup Exyn, the Indian conglomerate disclosed in a stock exchange filing … | Nate Raymond / Reuters: |
Filing: Meta agrees to pay $725M to settle a class-action lawsuit accusing the company of letting third parties including Cambridge Analytica access users' data — Facebook owner Meta Platforms Inc (META.O) has agreed to pay $725 million to resolve a class-action lawsuit accusing … | Ivan Mehta / TechCrunch: |
Twitter Blue subscribers can now upload up to 2GB, 60-minute 1080p videos on the web; iOS and Android users are still limited to 512MB, 10-minute 1080p videos — After taking over Twitter, Elon Musk had long promised that the company is working toward making the platform more appealing to video creators.| Amanda Silberling / TechCrunch: |
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| New York Times: |
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