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December 25, 2022, 9:50 PM
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| 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 …
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Bloomberg, The Guardian, Wall Street Journal, Serious Trouble, New York Times, SlashGear, Associated Press, Insider, Newser, New York Post, crypto.news, TheStreet, The Daily Beast, Cryptopolitan, Cryptonews, Inside Bitcoins, Bloomberg, Financial Times, The Block, PYMNTS.com, Watcher Guru, Bitcoin News, CryptoSlate, Ethereum World News, Cointelegraph, and Axios
Mastodon: @carnage4life@mas.to, @molly0xfff@hachyderm.io, and @Popehat@mastodon.social
Tweets: @innercitypress, @austen, @innercitypress, @kerrydolan, @markpinc, @agrizzi8, @thecryptojourno, @innercitypress, @jbarro, @innercitypress, @paleofuture, @paleofuture, @stephofrnt, @compound248, @goldtelegraph_, @tree_of_alpha, @mattgoldstein26, @cgasparino, @compound248, @compound248, @cate_long, @sirajahashmi, @qtrresearch, @wublockchain, @wublockchain, @xrpcryptowolf, @mikemcdonald89, @jeffclarkus, @crypto_coffee, @crypto_coffee, @ahcastor, @invresdynamics, @innercitypress, @lex_node, @wholemarsblog, @charlesornstein, @watcherguru, @wublockchain, @ericbalchunas, @phil_lewis_, @frank_giustra, and @trengriffin
| Faiz Siddiqui / Washington Post: |
Twitter employees shed light on Elon Musk's erratic leadership; a Signal message shows Musk wanted “full access” for Bari Weiss, which staff refused to grant — Musk's intense focus on his social media company purchase has devolved into the culture wars. Meanwhile, Tesla is tanking.
Mastodon: @ChristinaBinkley@journa.host, @faizsays@mastodon.social, @malwaretech@infosec.exchange, @faizsays@mastodon.social, @faizsays@mastodon.social, @BGrueskin@journa.host, and @simon@simonwillison.net
Tweets: @faizsays, @briannawu, @areidross, @justiceputnam, @kevinbaum013, @faizsays, @ericgarland, @piperk, @waltshaub, @donmoyn, @faizsays, @taylorogan, @enichan, @bad_takes, @faizsays, @dietcock, and @js_edit
| Kenneth Li / Reuters: |
Twitter restores a feature that promotes suicide prevention hotlines and other safety resources, after removing it reportedly following Elon Musk's order — Twitter Inc restored a feature that promoted suicide prevention hotlines and other safety resources to users looking up certain content …
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The Guardian, Insider, Reuters, Engadget, Livemint, Neowin, New York Post, Micky, and BetaNews
| Amanda Hoover / Wired: |
Mastodon's decentralized nature raises concerns about the legal risks for users hosting instances, which must comply with copyright and privacy laws globally — As the niche, decentralized social networking platform rises in popularity, it faces rising costs, culture shifts—and potential legal risks.
More:
George Dillard, Insider, Phandroid, The Verge, theATL.social …, and Windows Central
| Ingrid Lunden / TechCrunch: |
| 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 …
More:
Federal Trade Commission, Reuters, Engadget, Slashdot, PYMNTS.com, Spectrum News NY1, The Hill, and Forbes
Tweets: @linakhanftc, @ftc, and @chopracfpb
| 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.
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MacRumors, Appuals.com, Tom's Guide, Gizchina, TechSpot, iMore, iThinkDifferent, My Laptop Guide, Redmond Pie, iPhone in Canada Blog, MobileSyrup, Engadget, Cult of Mac, MacDailyNews, iPhone Hacks, and iClarified
Tweets: @ashleygjovik, @ashleygjovik, @gavinsbaker, @gavinsbaker, @waynema, and @mvpeers
| Shen Lu / Wall Street Journal: |
Sensor Tower: Pinduoduo's marketplace Temu saw 10.8M US installations since September 1 and became the most downloaded US app between November 1 and December 14 — Temu, a marketplace with deep discounts and copious coupons, has become the most downloaded mobile app in the U.S. — Copy Link| Ricardo Cano / San Francisco Chronicle: |
A new California law effectively bans dealers and carmakers like Tesla from “deceptively naming or marketing” semi-autonomous vehicles as full self-driving — Use Next and Previous buttons to navigate — A Tesla with Full Self-Driving software was reportedly responsible …
More:
TESLARATI and Notebookcheck.net
Mastodon: @carnage4life@mas.to. Tweets: @sfchronicle, @chuckbaggett, @wholemarsblog, @scottmoura, @sfchronicle, and @jacktwhitlock
| 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 …
More:
Internal Revenue Service, The Daily Hodl, Wall Street Journal, MarketWatch, Bitcoin News, The Block, CNN, The Hill, Barron's Online, BikeList, Watcher Guru, New York Times, and Slashdot
Mastodon: @glennf@twit.social. Tweets: @219_eth, @senrickscott, @marshacollier, @gabby_hoffman, @repcarolmiller, and @sn_handler
| Bloomberg: |
The 2022 crypto winter showed that the digital asset ecosystem is more interconnected than many participants realized, despite its core decentralization 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.
Tweets: @emilyjnicolle, @ourielohayon, @emilyjnicolle, @elfsternberg, @crypto, and @crypto
| Patrick McGee / Financial Times: |
Experts warn of a months-long disruption risk to Apple's iPhone production, operations, and Chinese consumer demand caused by China's latest COVID-19 wave — Supply chain experts warn outbreak following reversal of zero-Covid curbs creates uncertainty for iPhone maker
More:
SiliconANGLE, Nikkei Asia, Philip Elmer‑DeWitt, iLounge, Bloomberg, The Register, Yahoo Finance, New York Times, and The Week
Tweets: @dnystedt, @danharris, @catherinemary0, @patrickmcgee_, @aadilbrar, and @finestyew
| 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.
More:
Vox, The Hill, Federal Communications …, Forbes, Digital Music News, Washington Post, and USA Today
Mastodon: @carnage4life@mas.to. Tweets: @senatorwicker, @hawleymo, @marshablackburn, and @brendancarrfcc
| Simon Hill / Wired: |
A look at XRAI Glass, an Android app for the deaf and hard of hearing that can caption real-life conversations when paired with the $379 Nreal Air AR glasses — XRAI Glass, when paired with $379 AR glasses, can caption real-life conversations as they happen, with a few major caveats.
Tweets: @wired
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Reuters:Todd Spangler / Variety:
Hannah Fingerhut / Associated Press: