Techmeme
December 28, 2022, 8:35 PM

Top News

Jonathan Stempel / Reuters:
Court records: SBF is expected to enter a plea before a new judge on January 3; the original judge recused herself because her husband's law firm advised FTX  —  Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars …
Bloomberg:
Court filings: Sam Bankman-Fried said in an affidavit that he and Gary Wang borrowed $546M+ from Alameda to buy a nearly 8% stake, or ~56M shares, in Robinhood  —  FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than $546 million from Alameda Research to buy …
Osato Avan-Nomayo / The Block:
Alameda-linked wallets traded Lido, Polygon, Uniswap, and other tokens for ether and USDT, before swapping for bitcoin, ending with a combined total of 47.6 BTC  —  - Wallets linked to Alameda Research have sold several crypto tokens.  — These swaps happened barely days after Sam Bankman-Fried posted bail.
Gretchen Morgenson / NBC News:
A look at North Dimension, a little-known Alameda Research subsidiary, where the SEC says FTX told clients to wire funds for trading without disclosing the ties  —  Among the 130 or so companies in Sam Bankman-Fried's sprawling crypto empire, North Dimension Inc. assumed a low profile.
Oliver Knight / CoinDesk:
Filing: MicroStrategy bought ~3,205 BTC for ~$56.4M from November 1 to December 24 and sold ~704 BTC on December 22 to offset gains, amassing ~132.5K BTC total  —  The software company also sold a small amount of the cryptocurrency for the first time.  —  MicroStrategy (MSTR) …
Theo Wayt / The Information:
Source: Amazon has discussed a standalone app for watching sports, decluttering the Prime Video app; Andy Jassy recently reaffirmed Amazon's streaming ambitions  —  Amazon has discussed doing a stand-alone app for watching sports content, people briefed on the conversations told The Information.
Ian Johnston / Financial Times:
Mastodon CEO Eugen Rochko rejected more than five Silicon Valley VC offers for “hundreds of thousands of dollars” to protect the platform's nonprofit status  —  Fast-growing open-source microblogging site has seen a surge of interest since Elon Musk took over Twitter
Sidhartha Shukla / Bloomberg:
Solana drops 10%+ to under $10, as bitcoin and ether fall 1% to 2%, over concerns that large holders may be about to offload the token; SOL is down 94%+ in 2022  —  Solana, the cryptocurrency backed by fallen crypto mogul Sam Bankman-Fried, tumbled on Wednesday amid concerns that large holders may be about to offload the token.
Joe Schneider / Bloomberg:
Investors sue Gemini and Tyler and Cameron Winklevoss for offering Gemini Trust Earn interest-bearing accounts, which the company didn't register as securities  —  Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, were sued by investors who claim the crypto asset exchange sold …
Sam Kessler / CoinDesk:
A hacker leaks 10K+ API keys belonging to users of crypto trading service 3Commas, which had said its users were “phished”; 3Commas CEO confirms the leaked data  —  The leak comes after 3Commas repeatedly told users that they had been “phished” after widespread hacks.
Moira Warburton / Reuters:
The US House bans TikTok on all House-managed devices, citing a “high risk due to a number of security issues”, after similar bans by US state governments  —  The popular Chinese video app TikTok has been banned from all U.S. House of Representatives-managed devices …
Jonathan Vanian / CNBC:
CCS Insight: global shipments of VR and AR devices fell 12%+ YoY to 9.6M in 2022; NPD: US annual sales of VR headsets fell 2% YoY to $1.1B as of early December  —  - Sales of virtual reality headsets in the U.S. declined 2% year over year to $1.1 billion as of early December, according to NPD Group.

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Why eIDAS 2.0 might be the EU's boldest digital move yet  —  eIDAS: The first building block of digital trust More than a decade ago, the EU introduced the eIDAS regulation (Regulation [EU] No 910/2014) …
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

Big Technology Podcast:
CNBC's Jim Cramer: Big Tech Hot Takes, NVIDIA $10 Trillion?, Building Wealth In Any Market
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.
Channels with Peter Kafka:
"Neither Side Is Used to Losing." Lucas Shaw on What's Next for Netflix and Paramount in the Battle for Warner Bros.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Uncapped with Jack Altman:
Saam Motamedi from Greylock Partners
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Invest Like the Best:
Henry Ellenbogen - Man Versus Machine
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
How Snap Plans to Win the AR Race | Evan Spiegel on Spectacles
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:35 PM ET, December 28, 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

Benjamin Parkin / Financial Times:
Josh Ye / Reuters:

Earlier Picks

Aoyon Ashraf / CoinDesk:
Wall Street Journal:
Wall Street Journal:
Bloomberg:
Taylor Rains / Insider:
Jonathan Stempel / Reuters:
Joe Rossignol / MacRumors: