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February 17, 2023, 1:10 PM
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| Bloomberg: |
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value — The US Securities and Exchange Commission is preparing to sue the company behind TerraUSD, a crypto stablecoin whose collapse …
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U.S. Securities …, CoinDesk, Reuters, The Verge, The Information, SiliconANGLE, Wall Street Journal, The Block, Engadget, CNBC, Crypto Briefing, Crypto Daily, Watcher Guru, Finbold, The Crypto Basic, CoinGeek, Cointelegraph, Cryptonews, Coinpedia Fintech News, TechCrunch, crypto.news, International Business Times, ZyCrypto, Tech Startups, CryptoPotato, Financial Times, Decrypt, CoinGape, Tech in Asia, BBC, Finextra, Cryptopolitan, CoinJournal, CryptoSlate, PYMNTS.com, Ethereum World News, Bitcoin News, Fortune, Micky, Forkast, Crowdfund Insider, Bitcoinist.com, Blockworks, Axios, and Web3 is Going Just Great
Tweets: @secgov, @allyversprille, @mikeseligesq, @lex_node, @garygensler, @fatmanterra, @tier10k, @parrotcapital, @davidzmorris, @collins_belton, @fintechfrank, @ryansadams, @hosseeb, @revolvingdoordc, @web3isgreat, @tier10k, @lex_node, @arbedout, @baidakova, @blkchain_demons, @lex_node, @du09btc, @blaw, @johnreedstark, @du09btc, @caspiancey, @meattc_, @esatoshiclub, @fatmanterra, @jacqmelinek, @htr_group, @zguz, @codycarbonedc, @tier10k, @meattc_, @lex_node, @jwverret, @fatmanterra, @dr_cswright, @allyversprille, @sunil_trades, @collins_belton, @collins_belton, @parrotcapital, @lonewolf_eth, @tier10k, @traderrocko, @kangspace589, @pt, @yoda, @fatmanterra, @samcallah, @parrotcapital, @autismcapital, @nic__carter, @hosseeb, @hosseeb, @nic__carter, @muyaoshen, @web3isgreat, @carnage4life, @mdudas, @robinwigg, @valkenburgh, and @staska
| Suvashree Ghosh / Bloomberg: |
The SEC says Do Kwon and Terraform Labs have withdrawn $100M+ in fiat currency from a Swiss bank since June 2022, after moving 10K+ Bitcoin out of a cold wallet — Crypto fugitive Do Kwon and the firm he founded transferred over 10,000 Bitcoin out of their doomed project and turned …
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CoinDesk, Gizmodo, Finbold, Watcher Guru, CoinGape, CoinJournal, CryptoPotato, and CryptoSlate
Tweets: @poordart, @emilyjnicolle, and @news_of_alpha
| New York Times: |
Microsoft says it is looking at limiting Bing chatbot conversation length and adding tools to let users restart conversations or get more control over tone — The company knew the new technology had issues like occasional accuracy problems. But users have prodded surprising and unnerving interactions.
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Washington Post, VICE, PCMag, Forbes, TechRadar, Fortune, Memeburn, Computerworld, USA Today, Insider, MSPoweruser, AI News, The Register, BigTechWire, Watcher Guru, Livemint, NBC Bay Area, Mashable, and CNN
Tweets: @melmitchell1, @kbandersen, @kasie, @parismarx, @wenbinters, @etzioni, @teknium1, @pstasiatech, and @karlbode
| Sheila Dang / Reuters: |
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Windows Central, Search Engine Land, Tech Xplore, WinBuzzer, OnMSFT.com, W Media Research, MIT Technology Review, and CheeseburgerGothic
Mastodon: @misc@mastodon.social, @kwun@mstdn.social, @teledyn@mstdn.ca, @brianstorms@mastodon.social, and @sheiladang@mastodon.social
Tweets: @elonmusk, @annesraders, @mattmcgee, @happyhermit78, @thatsjust_v_, @sheila_dang, @kenli729, @heydave7, and @martyswant
| Wall Street Journal: |
Sources: Meta gave ~10% of staff subpar ratings in recent performance reviews, a sign of more workforce reductions, and cut a bonus metric to 85% of its target — The performance-review process is expected to set the stage for more workforce reductions this year — Why Tech Layoffs Don't Reflect the Job Market
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The Information, New York Post, Silicon Valley Business …, Barron's Online, Fortune, and Insider
Tweets: @tsoh_investing, @bobbywilson1004, @sal19, @samro, and @ivanthek
| Yueqi Yang / Bloomberg: |
Source: Binance is considering de-listing USDC and other tokens and ending relationships with US partners, including VC investments, amid regulatory scrutiny — Crypto giant Binance Holdings Ltd. is considering ending relationships with US business partners as regulators turn up the heat.
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The Information, Reuters, CoinDesk, CoinGape, Ethereum World News, Coinpedia Fintech News, Tech in Asia, The Block, and CryptoSlate
Tweets: @muyaoshen and @wublockchain
| Josh Ye / Reuters: |
Sources: Tencent cuts its 300-strong metaverse unit and drops VR hardware plans due to trouble achieving quick profitability and the need for a big investment — Tencent Holdings (0700.HK) is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts …
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Reuters, Metaverse Post, Engadget, Road to VR, Video Games Chronicle, Game Rant, crypto.news, GameSpot, TechNode, Pandaily, Forkast, The Block, PingWest, and Slashdot
Tweets: @therealjoshye and @therealjoshye
| Clothilde Goujard / Politico: |
Under the Digital Services Act, online platforms disclose their MAUs in the EU: YouTube has 401M+, Facebook ~255M, Instagram ~250M, TikTok 150M, Twitter 100.9M — TikTok, Twitter, Facebook and Instagram have now confirmed they will face the strictest rules under the EU's content-moderation law, the Digital Services Act (DSA).
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Reuters, Twitter Transparency Center, Euractiv, AppleInsider, Reuters, TikTok, Tech Xplore, Light Reading, Bloomberg, and Livemint
Tweets: @clothildegouj, @claesdevreese, @markscott82, @kelseylh, @rebekahktromble, @markscott82, @benedictevans, and @bertuzluca
| OpenAI: |
OpenAI aims to improve ChatGPT's behavior by reducing biases, allowing more user customization, and getting more public input into the company's decision-making — We're clarifying how ChatGPT's behavior is shaped and our plans for improving that behavior, allowing more user customization …
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Popular Science, Tech Monitor, The Verge, TechCircle, Moneycontrol, Neowin, ZDNet, and PCMag
Tweets: @jasoncrawford, @gdb, @tusharjain_, @saltiest_gaming, @elonmusk, @dr_cintas, @yoda, @lizjosullivan, @chrisdancy, @sama, @tvykruta, @maxkennerly, @shyamalanadkat, @stshank, @officiallogank, @iethics, and @sama
| Kris Holt / Engadget: |
Samsung says the Message Guard feature in Galaxy S23 series will prevent zero-click exploits via messaging apps by detecting malware hidden in image attachments — Zero-click attacks, which can install malware onto a device without the user clicking or tapping on anything, have been on the rise in recent years.| Victoria Song / The Verge: |
Fitbit plans to remove adventures, challenges, and open groups on March 27 and replace Studio with an SDK; Google says the app's features were of “limited use” — Fitbit users: better one-up your friends in challenges while you still can. Starting March 27th …
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XDA Developers, 9to5Google, Engadget, TalkAndroid.com, Neowin, and Android Central
Tweets: @epro, @jannaschulze, and @carnage4life
| Thomas Claburn / The Register: |
Source: the UK CMA is investigating a deal in which Google pays Apple a portion of search revenue generated by people using Chrome on iOS — Those billions just may have dissuaded iPhone giant from building rival search, beefing up Safari — EXCLUSIVE Google has been paying Apple a portion …
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MacRumors, Search Engine Land, 9to5Mac, AppleInsider, Appuals.com, and Techaeris
| Jay Peters / The Verge: |
Apple's iOS 16.4 and iPadOS 16.4 betas add support for Safari web apps on the homescreen to send push notifications and show notification badges — Apple's new iOS and iPadOS 16.4 betas will let Safari web apps on your homescreen send you push notifications, according to a new post on the WebKit blog.| Cristiano Lima / Washington Post: |
The FTC launches an Office of Technology, increasing the number of technologists on staff from 10 to ~22 ahead of legal battles with Amazon, Microsoft, and Meta — Happy Friday! A quick programming note: The newsletter will be off Monday for the holiday, but back in your inboxes Tuesday.
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Federal Trade Commission, CNET, and Engadget
Tweets: @ewwilkins, @ftc, @zacharygraves, @viacristiano, and @devindra
| Sergiu Gatlan / BleepingComputer: |
GoDaddy says it discovered a multi-year security breach in early December 2022 where unknown attackers stole source code and installed malware on its servers — Web hosting giant GoDaddy says they suffered a breach where unknown attackers have stolen source code and installed malware …
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GoDaddy Inc.
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