Techmeme
December 26, 2022, 6:40 PM

Top News

Faiz Siddiqui / Washington Post:
Former Twitter employees and people in Elon Musk's orbit detail his erratic leadership; 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.
Timmy Shen / Forkast:
IntoTheBlock: the Bitcoin network hashrate dropped by 38.8%+ on December 24 from its December 21 peak as many US-based miners paused operations due to blizzards  —  The Bitcoin network hashrate has dropped by more than 38.8% from its peak on Wednesday, as many U.S.-based miners have been forced …
Jaran Mellerud / Hashrate Index:
Analysis: publicly listed bitcoin mining companies collectively owe $4B+, led by bankrupt Core Scientific with $1.3B as of September 30 and Marathon with $851M  —  The public bitcoin mining companies collectively owe more than $4 billion, and the biggest of them has already declared bankruptcy due to its unsustainable debt burden.
More: The Block
Freddy Brewster / Los Angeles Times:
FOIA emails detail Sam Bankman-Fried's courtship of US federal regulators, including hiring former regulators and dining with ex-CFTC Commissioner Dan Berkovitz  —  Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader …
Thomas Claburn / The Register:
Stanford study: programmers who used AI tools like GitHub Copilot to solve a set of coding challenges produced less secure code than those who did not  —  At the same time, tools like Github Copilot and Facebook InCoder make developers believe their code is sound
More: arXiv and WinBuzzer
Omer Benjakob / Haaretz:
A look at Tel Aviv-based Toka, which helps governments, intelligence agencies, and law enforcement hack security cameras to alter live feeds and past recordings  —  Meet Toka, the Israeli cyber firm founded by Ehud Barak, that lets clients hack cameras and change their feeds - just like in Hollywood heist movies
Ben Hunte / VICE:
A look at the Central African Republic's decision to adopt bitcoin as legal tender in April 2022 and launch a half-baked “Sangocoin” cryptocurrency in July 2022  —  The Central African Republic heralded its status as the only country in Africa to adopt Bitcoin as legal currency …
Justin Garrison / Justin Garrison:
Stack Overflow's 2022 Developer Survey: 40.2% use a Linux-based system, up from 25.3% in 2021 and 23.2% in 2018, compared to 62.3% for Windows and 31.1% for Mac  —  Thanks to the 2022 StackOverflow developer survey we can finally say 2022 was the year of Linux on the Desktop!
Anton Shilov / Tom's Hardware:
Jon Peddie Research: there are 18 companies globally developing and producing GPUs; eight out of the 11 PC and data center GPU designers are based in China  —  There are 18 GPU developers worldwide today.  —  The number of GPU startups in China is extraordinary as the country tries …
Iris Deng / South China Morning Post:
Chinese government data for January to October 2022 shows domestic smartphone shipments fell 22% YoY from 275.3M to 214.5M units  —  Smartphone shipments in China slumped 22 per cent in the first 10 months of the year, according to latest government data, as the industry's largest market …
More: PingWest and Reuters
Matthew Field / Telegraph:
Source: Magic Leap raised $450M in 2022, across $150M in equity and $300M in debt, giving Saudi Arabia's sovereign wealth fund majority control of the company  —  Saudi Arabia has taken control of US augmented reality company Magic Leap, The Telegraph can reveal, as the company taps up investors for a further $450m.

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Techmeme Leaderboards:
Discover the top reporters on AI safety, robotics, stablecoins, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 50 topics.  Download reports immediately for just $100.
Zoho:
Understanding the U.S. overtime policy in Zoho People  —  The importance of tracking overtime working hours cannot be overstated.  It has to be done carefully to stay compliant, keep your HR operations efficient, and pay employees accurately.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
How Dropbox Beat Big Tech in the Cloud Wars
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Inside the expert network training every frontier AI model | Garrett Lord (Handshake CEO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
The Big GPT-5 Debate, Sam Altman's AI Bubble, OnlyFans Chatbots
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.
Tech Brew Ride Home:
Has China Shut The Door On Nvidia?
Tech news headlines every day. 15 minutes and you're up to date. From Tech Brew, Morning Brew's tech hub.
Subscribe to Tech Brew Ride Home.
The Social Radars:
Founder Mode: Paul Graham, Founder, Y Combinator
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Hard Fork:
Is This an A.I. Bubble? + Meta's Missing Morals + TikTok Shock Slop
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:40 PM ET, December 26, 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

Earlier Picks

Patrick McGee / Financial Times:
Ricardo Cano / San Francisco Chronicle:
CyberScoop: