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January 16, 2023, 3:50 PM
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memeorandum
WeSmirchTop News
| Wall Street Journal: |
Sources: to win US allies, TikTok proposed a complex, $1.5B plan to reorganize its US operations, including oversight of its content-recommendation algorithms — Chinese-owned app proposes giving U.S. officials oversight of its algorithms — Two years into negotiations with U.S. regulators …
More:
Social Media Today, New York Post, The Information, and John Battelle's Search Blog
Tweets: @deitaone, @karlbode, @patiencehaggin, @jamespindell, @paul__armstrong, @jchengwsj, @astaniscia86, @wsj, and @mayazi
| Sapna Maheshwari / New York Times: |
Some US universities, including Alabama's Auburn University and the University of Oklahoma, are banning TikTok on their Wi-Fi networks, annoying some students — The school's prohibition brings a geopolitical fight front and center for TikTok's biggest fans: young Americans.
More:
City A.M., Internet Governance Project, and Insider
Tweets: @drantbradley, @dm_cooper, @hiphination, and @gatorsscott
| The Block: |
Pitch decks: Three Arrows Capital co-founders Su Zhu and Kyle Davies aim to raise $25M to start crypto exchange GTX in partnership with two CoinFlex co-founders — - Su Zhu and Kyle Davies, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC), are hoping to raise $25 million …
More:
Wall Street Journal, Decrypt, Financial Times, CoinDesk, crypto.news, Watcher Guru, Bitcoin News, Crypto Daily, CoinGape, Crypto Briefing, Ethereum World News, CryptoPotato, Cointelegraph, and CryptoSlate
Tweets: @bigmagicdao, @evgenygaevoy, @bigmagicdao, @notsofast, @tree_of_alpha, @silvermanjacob, @crypto_crib_, @edzitron, @sassal0x, @eliotwb, @ahcastor, @wublockchain, @eliotwb, @eliotwb, @tier10k, @cl207, @asvanevik, @simondixontwitt, @birdyword, @functi0nzer0, @avcrypto_, @thecryptomonk, @basedkarbon, @jconorgrogan, @dogetoshi, @wublockchain, @bigmagicdao, @scottmelker, @loopifyyy, @riddle245, @carnage4life, @pauly0x, @bigmagicdao, @deadalnix, @tree_of_alpha, and @tier10k
| James Vincent / The Verge: |
A trio of artists sue Stability AI, Midjourney, and DeviantArt over AI art copyright; a firm suing Microsoft, GitHub, and OpenAI over Copilot filed the lawsuit — A trio of artists have launched a lawsuit against Stability AI and Midjourney, creators of AI art generators Stable Diffusion and Midjourney …
More:
Stable Diffusion Litigation, Stable Diffusion Frivolous, VentureBeat, AppleInsider, Voicebot.ai, The Register, TechnoLlama, TechSpot, TechCircle, WinBuzzer, Joseph Saveri Law Firm LLP, and Kotaku
Tweets: @jonlamart, @jjvincent, @solar_sas, @kortizart, @kelly_mckernan, @_lost_letters_, @kortizart, @iron_spike, @zzsleeps, @katriadoodles, @thebadlament, @dlowd, @kortizart, @mollycrabapple, @emostaque, @minimaxir, @coreybrickley, @technollama, @quasimondo, @jonst0kes, @jonst0kes, @finnjanson, @alexjc, @mariuswatz, @kelly_mckernan, @izzyz, @mrhelmut, @thecarteldel, @igorbrigadir, @mollycrabapple, and @technollama
| Foo Yun Chee / Reuters: |
Sources: the European Commission is preparing to send a statement of objections to Microsoft, regarding its $69B Activision Blizzard deal, in the coming weeks — Microsoft (MSFT.O) is likely to receive an EU antitrust warning about its $69 billion bid for “Call of Duty” maker Activision Blizzard … | Ezra Reguerra / Cointelegraph: |
After North Korea's Lazarus Group moved ~41K ETH, worth ~$63.5M, from the Harmony bridge hack, Binance and Huobi freeze 124 BTC, worth ~$2.6M, linked to Lazarus — In a recent tweet, on-chain crypto detective ZachXBT said that the hackers have been moving $64 million in the last weekend.
More:
PYMNTS.com, Watcher Guru, Bitcoinist.com, Decrypt, CoinDesk, The Block, NewsBTC, Ethereum World News, Emage, Metaverse Post, Cryptopolitan, Crypto Daily, Coinspeaker, Bitcoin News, CoinGape, CoinJournal, and CryptoPotato
Tweets: @zachxbt, @cz_binance, @justinsuntron, @zachxbt, @whalecointalk, @tayvano_, and @zachxbt
| Reuters: |
Ride-hailing giant Didi says Chinese regulators lifted a ban on new user registrations on January 16, signaling an end to the long-running regulatory crackdown — China's ride hailing giant Didi Global said in a statement on Monday that it would be allowed to resume new user registration … | Abhishek Vishnoi / Bloomberg: |
Tencent's Hong Kong stock has risen ~95% since October 28 and Alibaba's stock is up ~85% over a similar period, as China's government eases its tech crackdown — Shares of Tencent Holdings Ltd. have nearly doubled from their recent lows on growing signs that China is preparing to end … | Craig Hockenberry / furbo.org: |
Twitterrific developer Craig Hockenberry: Twitter axing APIs for third-party apps without notice is part of the “shit show” and leaves customers in the lurch — Well, it happened. — We knew it was coming. — A prick pulled the plug. And what bothers me most about it is how Space Karen did it.
More:
TechCrunch, Stratechery, Thurrott, Engadget, TechCircle, Pocket-lint, iPhone in Canada Blog, Digit, Android Police, MacStories, SiliconANGLE, Pixel Envy, Social Media Today, Appleosophy, Mashable, and The Information
| Forbes: |
A look at Deltec, an obscure Bahamian bank that got a $50M loan from an FTX-tied entity in October 2021, and chairman Jean Chalopin, who has ties to FTX leaders — The loan was among several deals struck with Jean Chalopin, the head of Deltec and Moonstone banks — and co-creator of Inspector Gadget … | William Mauldin / Wall Street Journal: |
Russian attacks on Ukraine's electrical grid are straining its mobile network, leading to a global hunt for equipment like batteries to keep the system online — Telecom operators and internet providers scour suppliers for better batteries, generators — Russia's attacks on Ukraine's electrical grid … | Ben Jiang / South China Morning Post: |
How Apple's supply chain is leaving China: moving some iPad and MacBook production to Foxconn's Vietnam plants, expanded iPhone production in India, and more — Four days before Christmas , while China was battening down the hatches to survive the explosion of Covid-19 infections around the country …
More:
iPhone in Canada Blog, iThinkDifferent, 9to5Mac, Appuals.com, Philip Elmer‑DeWitt, AppleInsider, Bloomberg, India TV News, The Motley Fool, and The Hill
Tweets: @michaelvietdo and @pstasiatech
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