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December 22, 2020, 7:10 PM
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| Nikhilesh De / CoinDesk: |
SEC sues Ripple Labs, its CEO Brad Garlinghouse, and Chairman Chris Larsen, alleging they violated federal securities laws in selling XRP to retail consumers — The U.S. Securities and Exchange Commission (SEC) believes Ripple Labs violated federal securities laws in selling the XRP cryptocurrency to retail consumers.
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U.S. Securities …, Wall Street Journal, New York Times, The Verge, Axios, Reuters, Cointelegraph, Forbes, CNBC, Decrypt, Reuters, PYMNTS.com, InsideBitcoins.com, Axios, The Daily Hodl, BTC Times, NewsBTC, BTCMANAGER, Finbold, CryptoGlobe, New York Post, and CryptoSlate
Tweets: @bgarlinghouse, @vitalikbuterin, @yoshitaka_kitao, @bgarlinghouse, @nathanielpopper, @ahcastor, @vcnetworkco, @dan_murphy, @femisapien_z, @jaredctate, @cablecarcapital, @coindesk, @bgarlinghouse, @coindesk, @jason, @arrington, @nathanielpopper, @jason, @caitlinlong_, @nathanielpopper, @kylesamani, @nathanielpopper, and @ourielohayon
| Wall Street Journal: |
Draft lawsuit filed by ten US states last week says Facebook and Google agreed to “cooperate and assist one another” against possible antitrust action — Draft lawsuit quotes Facebook's Sandberg saying Google pact was a ‘big deal strategically’
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CNBC, Ars Technica, SiliconANGLE, Reclaim The Net, TechSpot, coinspeaker.com, AppleInsider, Android Central, Tech Xplore, Gizchina, Slashdot, Thurrott, CNET, Reuters, New York Post, PYMNTS.com, Politico, TheStreet, and Business Insider
Tweets: @rmac18, @stshank, @johnbattelle, @tonytassell, @tupp_ed, @hawleymo, @nickbaumann, @repkenbuck, @vijayshekhar, @davidpepper, @jeffhorwitz, @jesselehrich, @wsj, @cristinagberta, and @mhbergen
| Washington Post: |
Sources: in the early stages of US antitrust investigations, Facebook offered to help others build a social networking competitor using its network and code — The company ramped up its lobbying, hired high-powered lawyers and launched a slew of internal initiatives as the government prepared to sue …
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The Verge, Input, CNBC, PYMNTS.com, and Engadget
Tweets: @fboversight, @tonyromm, @lizzadwoskin, @tonyromm, @histoftech, and @pierce
| Jennifer Epstein / Bloomberg: |
Biden transition team says Twitter told it current followers of @POTUS won't carry over to Biden, whose @POTUS account will start at zero, a reversal from 2017 — - Followers were transfered to Trump from Obama in 2017 — First lady, press secretary accounts also reset to zero
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Wall Street Journal, The Verge, CNET, SFGATE, Vox, Axios, The Guardian, The Wrap, New York Times, Forbes, Engadget, Business Insider, TechCrunch, CNBC, Newsweek, Raw Story, Adweek, MakeUseOf, Politico, The Hill, New York Daily News, Neowin, and Variety
Tweets: @rob_flaherty, @philww, @blackamazon, @nancyscola, @timfullerton, @jeneps, @celesteheadlee, @yashar, @jeneps, @bidenwarroom, @timsteno, @joycewhitevance, and @emmakinery
| Substack Blog: |
Explaining its content moderation policy, Substack says it will “resist public pressure to suppress voices that loud objectors deem unacceptable” — Building a system that puts readers and writers in charge — As Substack grows, there is increasing interest in the stance we take on content moderation.| Shoshana Wodinsky / Gizmodo: |
Analysis: of the 60 biggest brands that paused Facebook ads in 2020, only ~10 continue to do so, and some of those have kept spending using other Facebook tools — This past summer, dozens of major brands pulled their ad dollars from Facebook in a protest of the company's handling of the hate speech and disinformation.| Kurt Wagner / Bloomberg: |
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Social Media Today and Ad Age
Tweets: @rmac18, @anomielol, @rmac18, @rmac18, @samharrelson, @mattnavarra, @psawers, @ellismbeh, @cgcmh1, and @jeromysonne
| Catalin Cimpanu / ZDNet: |
Three VPNs popular with criminals and active for over a decade have had their servers and web domains seized by law enforcement from US, Germany, France, others — The three VPN services provided safe haven for cybercriminals to carry out ransomware attacks, web skimming operations, spearphishing, and account takeovers.
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Europol, U.S. Department of Justice, Tech.co, Dark Reading, HackRead, BleepingComputer, CyberScoop, and Security Affairs
Tweets: @europol, @campuscodi, and @zackwhittaker
| Dana Mattioli / Wall Street Journal: |
Investigation details Amazon's campaigns over the years to steamroll rivals and partners, including those on its marketplace, sometimes with Bezos' involvement — CEO Jeff Bezos still runs the e-commerce giant with the drive of a startup trying to survive, and that strand of its corporate DNA is becoming a liability| Alex Gallagher / NME: |
The COVID-19 relief bill passed by Congress includes the Felony Streaming Bill, which makes illegal streaming for profit a felony, with up to 10 years jail time — Targeting illegal for-profit streaming providers, not individual users — The US Congress has passed a COVID-19 stimulus bill …
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Hollywood Reporter, TechCrunch, Thom Tillis …, Techdirt, The Independent, Kotaku, TechCrunch, and Thom Tillis …
Tweets: @aoc, @mmasnick, @senthomtillis, @elizaorlins, and @quinnypig
| Catalin Cimpanu / ZDNet: |
Group of 19 security firms and tech companies including Microsoft and McAfee form Ransomware Task Force to develop a standard framework to deal with ransomware — The newly-founded Ransomware Task Force will work to put together a standard framework for dealing with ransomware attacks.
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Institute for Security …, Neowin, PCMag, MSPoweruser, Tech.co, Windows Central, TechRadar, Engadget, TechSpot, and infosecurity-magazine.com
Tweets: @dennisklemenz, @security_score, and @ist_org
| Electronic Frontier Foundation: |
The US government's proposal for crypto exchanges to collect identity data from users with self-hosted crypto wallets will expand the US' financial surveillance — One of the most important aspects of cryptocurrencies from a civil liberties perspective is that they can provide privacy protections for their users.
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The Coinbase Blog, The Verge, Kraken Blog, CoinDesk, Decrypt, NewsBTC, Crypto Briefing, Cryptonews, and BitcoinExchangeGuide
| Dave Lee / Financial Times: |
Study: tens of thousands of sellers use Shopify to scam consumers and sell counterfeit goods, with ~21% of sampled merchant sites posing a risk to shoppers — Ecommerce platform's rapid growth during the pandemic has left it exposed to con artists — Tens of thousands of sellers are using … | Laura Kreutzer / Wall Street Journal: |
Mobile app marketing optimization service Liftoff says Blackstone Group has made a majority investment in the company; source: the amount is close to $400M — Liftoff Mobile uses machine learning to help app marketers improve and track performance — Blackstone Group Inc. is betting … | Sascha Segan / PCMag: |
Testing suggests Verizon's dynamic spectrum sharing tech, which reuses parts of 4G channels for 5G, often produces slower speeds on 5G than its LTE network — Verizon's DSS 5G can be slower than 4G. We explain why, and how to turn off or disable 5G on your iPhone.| Matt Day / Bloomberg: |
Amazon says it will delay a planned raise in merchant fees for storing and shipping items until June 2021 in the US, EU, and Japan — - Largest online retailer to hold fees steady in U.S., EU, Japan — UPS, FedEx had already announced shipping price increases| Bethany Allen-Ebrahimian / Axios: |
Source: DHS will issue an advisory to US businesses, warning of data security risks with using communication equipment and services from China-linked companies — The Department of Homeland Security is set to issue an advisory to U.S. businesses, warning them of data security risks associated …
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Bloomberg and Department of Homeland …
| Alexander Osipovich / Wall Street Journal: |
SEC approves NYSE's plan to let companies raise capital and issue new shares via direct listings, potentially helping startups save on bank fees — Proposal lets companies raise capital through direct listings — The Securities and Exchange Commission will allow companies … | Reuters: |
Lidar sensor manufacturer Ouster says it will go public via SPAC, raising up to $200M at a valuation of ~$1.9B, the fifth lidar manufacturer to do so in 2020 — (Reuters) - Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, said on Tuesday it has agreed … | Jessica Bursztynsky / CNBC: |
IAC says it plans to spin off its full stake in Vimeo, making it an independent, publicly traded company in Q2 2021; IAC stock rises 13%+ — - IAC announced it is spinning off its full stake in Vimeo. — Vimeo will become an independent publicly traded company after the deal closes, expected in the second quarter of 2021.Sponsor Posts
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