Techmeme
December 23, 2020, 5:00 AM

Top News

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.
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
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 …
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.
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.
Shoshana Wodinsky / Gizmodo:
Kurt Wagner / Bloomberg:
Ron Amadeo / Ars Technica:
Certificate authority Let's Encrypt says it has found a workaround that will extend older Android phones' compatibility with its certificates by three years  —  When you haven't been updated since 2016, expiring certificates are a problem.  —  Things were touch-and-go for a while …
Rest of World:
A look at India's booming dark data economy: stalkerware and spyware apps, databases about parents, cable customers, pregnant women, mutual fund investors, more  —  Thanks to lax privacy laws and high consumer demand, details on everything from how you shop to who you date are all for sale.
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
Richard Waters / Financial Times:
Google CEO Sundar Pichai says GDPR shows that “regulation can get it wrong” and “we are still a small part of the overall information ecosystem”  —  For Google, the Techlash arrived with a vengeance last week.  After years of mounting angst about the power of Big Tech …
Tweets: @mikebutcher
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 …
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.
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 …
David McCabe / New York Times:

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More News

Rachel Reichenbach / rainylune - blog:
Zach Dorfman / Foreign Policy:

Earlier Picks

Catalin Cimpanu / ZDNet:
Raphael Satter / Reuters: