Techmeme
December 5, 2021, 7:25 AM

Top News

Max Read / Read Max:
As Web3 takes proliferate, it's worth noting there are two distinct “is Web3 bullshit?” questions: an open-ended technical question, and whether it will “win”  —  And is that even the right question? … Is web3 bullshit?  The hazy vision of new decentralized internet …
Tim Copeland / The Block:
Crypto exchange BitMart says it suffered a hack resulting in the loss of $150M in crypto, after its Ethereum and Binance Smart Chain hot wallets were breached  —  Crypto exchange BitMart said late Saturday that it has suffered a hack, resulting in the loss of $150 million worth of crypto.
Drew Harwell / Washington Post:
Twitter says it mistakenly suspended 12 accounts after “coordinated and malicious reports” targeted researchers and journalists, and will review its new policy  —  Far-right activists had urged their followers to use a new company rule to target anti-extremism researchers and journalists
Drew Harwell / Washington Post:
An anti-fascist researcher says Twitter suspended her account after someone reported a 2019 tweet of hers following Twitter's updated Private Information Policy  —  Researchers fear the new ban on posts sharing people's private information will be ‘emboldening to the fascists’ eager to keep their identities concealed.
Anne Steele / Wall Street Journal:
Spotify removed the work of hundreds of comedians, including John Mulaney and Kevin Hart, amid a fight with royalty administration agency Spoken Giants  —  A push for royalty payments on comedic material sidelines work of Kevin Hart, Tiffany Haddish and hundreds of others
Drew Harwell / Washington Post:
Profile of Twitch streamer Tyler Steinkamp, including the loneliness and rage that comes with streaming game battles and real-world moments for 50 hours a week  —  NEW LONDON, Mo. — Just before midnight, six hours into his 10-hour Twitch live stream, Tyler Steinkamp's rage begins to erupt.
Aisha Malik / TechCrunch:
Meta says it is testing a Split Payments feature for Messenger in the US that lets users share the cost of bills and expenses  —  Facebook Messenger announced today that it's starting to test out a new “Split Payments” feature that introduces a way for users to share the cost of bills and expenses through the app.
Mary Ann Azevedo / TechCrunch:
Life House, which offers hotel management software, raises a $60M Series C co-led by Kayak and Inovia Capital, bringing its total funding to over $100M  —  Inovia Capital, Tiger Global also backed the startup, which has developed software aimed at hotel operators
Bloomberg:
Profile of Group-IB CEO Ilya Sachkov, who is charged with treason in Russia, sources say for allegedly giving the US info about Fancy Bear's 2016 operation  —  Ilya Sachkov, who's been charged with treason in Russia, is alleged to have given the U.S. information about the “Fancy Bear” …
Swathi Moorthy / Moneycontrol:
Users and experts reveal Clubhouse's content moderation struggles in India, amid a deluge of 18+ rooms, adult content, and harassment and bullying  —  Moneycontrol pieced this story from conversations with nearly a dozen people who are users, creators, psychologists, industry experts, and civil society organisations.

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