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January 1, 2023, 10:50 AM
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| Lily Hay Newman / Wired: |
A look at 2022's worst breaches, leaks, ransomware attacks, state-sponsored hacking campaigns, and digital takeovers, including at least two Twilio breaches — The year was marked by sinister new twists on cybersecurity classics, including phishing, breaches, and ransomware attacks.| Wall Street Journal: |
A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty — Trading firm took big gambles, winning some and losing plenty; ‘complete lack of a risk-management framework’
More:
Crypto Jargon Newsletter. Tweets: @ryder_ripps, @misruleoflaw, @realjonbovi, @eliotwb, @ceostroff, @wsj, and @pauly0x
| Wall Street Journal: |
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Bloomberg, Reuters, Cointelegraph, Cryptonews, CoinGape, Insider, Insider, The Block, Decrypt, Forbes, Investing.com, Yahoo News, CryptoSlate, The Information, Decrypt, and Bloomberg
Mastodon: @MikeElgan@mastodon.social and @davidgerard@circumstances.run
| Anton Shilov / Tom's Hardware: |
Report: AMD, Intel, Nvidia, and others are slashing their TSMC orders, which could reduce the contract manufacturer's Q1 2023 sales by an estimated 15% QoQ — Large customers revise orders to TSMC due to the economy slowdown. — Being the world's No. 1 foundry, TSMC was almost immune … | Mitchell Clark / The Verge: |
Verizon decommissioned its 3G network on December 31, the last major US carrier to do so after AT&T and T-Mobile turned off services earlier in 2022 — It's well and truly curtains for 3G, one of the key technologies that helped usher in the age of the smartphone.| Washington Post: |
Sources: Meta is struggling to move hardware manufacturing out of China; after abandoning its smartwatch plans, the company is still working on a wrist wearable — The company needs China's factories as it pushes to become a hardware producer — SAN FRANCISCO — For more than a year … | Brian Merchant / The Atlantic: |
Meta's dramatic implosion, Elon Musk's Twitter train wreck, and Amazon's labor uprising show that 2022 was not just a disastrous year, but a reckoning for tech — The companies that define our digital lives have hit a wall. — The dramatic, multidimensional implosion of Meta …
More:
Financial Times, The Ringer, CNN, Electronic Frontier Foundation, and Beyond Search
Tweets: @davemcclure, @alexhuds, @pt, @carnage4life, @ringer, @greg_doucette, and @mpawlo
| Chloe Cornish / Financial Times: |
A look at the impact of the funding crunch on India's tech startups, which raised $24.7B from January to November 2022, down 35% YoY, per data provider Tracxn — Funding crunch has triggered mass job cuts of up to 25,000 at country's once-thriving tech companies
Tweets: @sushantsin, @financialtimes, @financialtimes, and @johnreedwrites
| Ernesto Van der Sar / TorrentFreak: |
Leaked screener copies of big movies tend to surface at year's end, but didn't in 2022, probably due to more security, streaming, and shorter release windows — Screeners are advance copies of recent movies that are generally sent out to critics and awards voters for review.| New York Times: |
Employment in tech occupations grew 12% YoY to a record 6.39M in November 2022, as workers eye banking, retail, health care, and manufacturing amid tech layoffs — Most tech jobs are now in mainstream industries like health care, banking and retail, which are increasingly in need of workers with digital skills.
Tweets: @dealbook, @stevelohr, @scottlincicome, @andrenaleen, @nytimestech, @nytimestech, @nytimestech, @chiefmartec, @dialogcrm, @carnage4life, and @stevelohr
| Amanda Silberling / TechCrunch: |
Meta acquires Netherlands-based Luxexcel, which 3D prints prescription lenses for smart glasses; Meta and Luxexcel reportedly worked together on Project Aria — As Meta faces antitrust scrutiny over its acquisition of VR fitness developers Within, the tech giant is making another acquisition.
More:
The Verge, The Brussels Times, Engadget, Forbes, Appuals.com, and Metaverse Post
| Alexandra Alper / Reuters: |
First pretrial hearing in the FTC's case against Microsoft's $69B bid to take over Activision Blizzard set for January 3, 2023 — A judge has set Jan. 3 for the first pre-trial hearing in the Biden administration's case against Microsoft (MSFT.O) over its $69 billion bid to take over “Call of Duty” maker Activision Blizzard (ATVI.O).
More:
The Week, Wccftech, Appuals.com, International Business Times, and WinBuzzer
| Hannah Murphy / Financial Times: |
Experts weigh in on Meta's impending decision to lift Donald Trump's Facebook and Instagram ban; source: the announcement will be made later than January 7 — Tech giant's policy chief Nick Clegg due to rule this month whether to revoke ban on former US president
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Reuters
| Jared Gans / The Hill: |
Google has agreed to pay $29.5M to settle lawsuits with Washington DC and Indiana over location tracking practices, after agreeing to pay ~$392M to 40 US states — Google has agreed to pay a total of $29.5 million to settle separate lawsuits with Washington, D.C., and Indiana over its location tracking practices.Sponsor Posts
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| Mariella Moon / Engadget: |
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