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November 3, 2023, 4:45 PM
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Jacquelyn Melinek / TechCrunch:
A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and money laundering in the FTX trial; the judge sets SBF's sentencing for March 28, 2024  —  Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty …
More: Reuters, BBC, The Verge, US Department of Justice, New York Times, CNBC, Cointelegraph, NBC News, CoinDesk, Ars Technica, The Guardian, CNN, US Department of Justice, Molly White, Crunchbase News, New York Times, Coinpedia Fintech News, The Information, New York Times, Wired, The Ringer, Decrypt, NPR, The Verge, ABC News, Bloomberg, Fortune, Decrypt, PC Gamer, CoinStats, Ghacks, crypto.news, Crowdfund Insider, Bitcoin Insider, Finextra, HealthcareInfoSecurity.com, NBC 7 San Diego, DL News, TechStartups, Silicon Republic, Coinspeaker, CCN.com, Financial Times, Mashable, The Overspill, CryptoSlate, Wall Street Journal, Engadget, Reuters, New York Times, Reuters, Variety, New York Post, Wired, Sky News, Reuters, Courthouse News Service, MarketWatch, Insider, The Messenger, Axios, Fortune, Washington Post, The Daily Beast, Blockworks, and The Verge
Threads: @carnage4life and @alexkantrowitz.  Mastodon: @tek@freeradical.zone
X: @erikvoorhees, @haydenzadams, @alfred_lin, @steinkobbe, @jason, @styledape, @harrymccracken, @alfred_lin, @innercitypress, @adamscochran, @lastcallcnbc, @markdice, @garrytan, @ryansadams, @ryxcommar, @ben_mckenzie, @coinmamba, @dougjballoon, @obsoletedogma, @davecraige, @erikvoorhees, @cramertracker, @steinkobbe, @robustus, @silvermanjacob, @macromate8, @greentexts_bot, @drjbhattacharya, @rscharf_, @mattbinder, @foldablehuman, @drawandstrike, @markdice, @parikpatelcfa, @hsakatrades, @0xfoobar, @hshaban, @danprimack, @wolf_vukovic, @wifeyalpha, @glennthrush, @gfodor, @albz321, @anammostarac, @satoshibaggins, @mattbinder, @chafkin, @autismcapital, @loopifyyy, @internethippo, @vishal4c, @jimmyvs24, @innercitypress, @wutangkids, @librariancap, @indian_bronson, @jasonklau, @intern, @tomcoates, @eking0x, @mattyglesias, @ntmoney, @alexluck9, @lilmoonlambo, @altcoinpsycho, @cryptonator1337, @zeffmax, @dougjballoon, @byyourlogic, @unusual_whales, @ajb_powell, @thejusticedept, @thekinocorner, @divine_economy, @autismcapital, @danprimack, @jacqmelinek, @moorehn, @nichcarlson, @teddyschleifer, @collinrugg, @eringriffith, @kantrowitz, @parismarx, @innercitypress, @tristansnell, @asilbwrites, and @dlauer
LinkedIn: Joern Leogrande, Allan Matheson, Michael Van Niekerk, Alex Witt, CFA, Temerlan Kaiyrzhanov, George Chilton, Neville Poncha, Daniel Tunkelang, David Lighton, and Alex Kantrowitz
Forums: Hacker News, r/JoeRogan, r/technology, r/bitcoincashSV, r/CryptoCurrencyMAX, r/bayarea, r/nyc, r/Buttcoin, r/Buttcoin, r/wallstreetbets, r/GME, r/Superstonk, Beehaw, and Ars OpenForum
Lora Kelley / The Atlantic:
Sam Bankman-Fried, who is unkempt, pedigreed, and awkward, replicated what VCs believe a founder should look like, and the door remains open for others like him  —  The tech industry is designed for people like Sam Bankman-Fried.  —  Over and over during Sam Bankman-Fried's trial …
Paresh Dave / Wired:
Ad blockers saw record uninstalls in October after YouTube expanded its crackdown on ad blockers, while those unaffected by the clampdown saw record installs  —  YouTube expanded a “test” that threatens to cut off users who don't turn off their ad blocker.  Developers of the tools are scrambling to respond.
Thomas Claburn / The Register:
As the EU prepared to designate Apple as a gatekeeper under the DMA, Apple argued that it has three distinct browsers: Safari for iOS, iPadOS, and macOS  —  And with a straight face, too.  Brussels didn't buy it  —  Apple tried to avoid regulation in the European Union by making a surprising claim …
Mariella Moon / Engadget:
Google ends its deal with Lendlease to build 15K homes in the Bay Area; in 2019, Google announced plans to build houses on $750M+ worth of land the company owns  —  The company has ended its agreement with its real estate developer.  —  Google has ended its agreement with real estate developer Landlease …
Kevin Purdy / Ars Technica:
DC's AG sues RealPage and 14 of Washington DC's largest landlord firms for using RealPage's rent-setting software to allegedly collude on rent price increases  —  Suit claims employees were told pricing outside the algorithm was “unacceptable.”  —  DC's attorney general has sued 14 …
Tom Warren / The Verge:
Sources: Microsoft plans to stop giving away Xbox Game Pass Ultimate to most of its 238K staff in January 2024; Phil Spencer was unaware and is looking into it  —  Microsoft is removing the free Xbox Game Pass Ultimate benefit for most of its 238,000 employees and some aren't happy about it.
Jonathan Randles / Bloomberg:
Court records show FTX advisers gave trading data and customer details to the FBI in recent months in response to subpoenas from at least five FBI field offices  —  - Alvarez & Marsal gave trading data, customer details to FBI  — FTX has responded to subpoenas from at least five FBI offices
Mark Gurman / Bloomberg:
Apple expects its revenue in the holiday quarter, normally the company's biggest sales period, to stay the same as in 2022; Wall Street had projected ~5% growth  —  - Sales of iPads and wearable products are expected to suffer  — Even with challenges, iPhone sales slightly exceed estimates
Apple:
Apple reports Q4 revenue down 1% YoY to $89.5B, vs. $89.3B est., net income up 11% to $23B, Americas sales up 1% to $40.1B, and Europe sales down 1% to $22.5B
Nikkei Asia:
Apple reports Q4 revenue down 2.5% YoY to $15.1B in Greater China, down 3.4% YoY to $5.5B in Japan, and down 0.7% YoY to $6.3B in the rest of Asia-Pacific

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:45 PM ET, November 3, 2023.

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.

From Mediagazer

New York Times:
Sources: Sony Pictures and Apollo Global formally express interest in acquiring Paramount for ~$26B; Paramount's negotiating period with Skydance ends May 3

Jill Goldsmith / Deadline:
A look at 2023 media CEO pay amid industry contraction: Charter CEO Chris Winfrey, $89M; Endeavor CEO Ari Emanuel, $84M; WBD CEO David Zaslav, $49.7M; and more

Sohee Kim / Bloomberg:
Indonesia's Vidio, a local streaming competitor to Netflix, aims to double its paid subscribers to 8M in the next two to three years ahead of an IPO

More News

Akash Sriram / Reuters:
Elon Musk says that xAI will release its first AI model to a select group on November 4 and “in some important respects, it is the best that currently exists”
Brian Krebs / Krebs on Security:
A look at Russia-based SWAT USA Drop Service, whose 1,200+ US employees knowingly or unwittingly reship consumer goods purchased online with stolen credit cards
Jeff Horwitz / Wall Street Journal:
Ex-Instagram consultant Arturo Béjar, set to testify in Congress on November 7, says Meta did not fully act on its Well-Being Team's findings to protect teens

Earlier Picks

Reuters:
Elon Musk says Starlink is cash-flow breakeven; in 2021, Musk said SpaceX would spin off and take Starlink public once its cash flow was reasonably predictable
Bloomberg:
Coinbase reports Q3 revenue up 14% YoY to $674M, vs. $654.7M est., net loss down 99.6% YoY to $2.3M from $545M YoY, and $76B in trading volume, vs. $80.4B est.
Emily Bary / MarketWatch:
Block reports Q3 revenue up 24% YoY to $5.62B, vs. $5.4B est., profit up 21% YoY to $1.9B, Square profit up 15% YoY, and Cash App profit up 27% YoY; SQ up 10%+
Chris Welch / The Verge:
Paul McCartney and Ringo Starr release Now and Then, the first “new” Beatles song since 1995, created using AI and an old lo-fi John Lennon recording
Julie Jargon / Wall Street Journal:
A New Jersey high school and police investigate after male students shared AI-generated nudes of female students in group chats; parents are unsure what to do
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