Techmeme
November 24, 2022, 3:00 PM

Top News

Zoë Schiffer / @zoeschiffer:
Source: Twitter abruptly fired around 50 engineers and warned dozens more on the evening before Thanksgiving; some were told their “code is not satisfactory”  —  Hearing that roughly 50 Twitter engineers were abruptly fired last night and dozens more received warnings: https://twitter.com/...
Financial Times:
Sources: Elon Musk disbands Twitter's Brussels team, sparking compliance concern among EU officials after policy executives departed the small but vital office  —  Digital policy executives' departure elicits unease over adherence to EU rules on disinformation and hate speech
Parikshit Mishra / CoinDesk:
ConsenSys says it collects user data related to its on-chain wallet service MetaMask, following a similar announcement by decentralized exchange Uniswap  —  The firm said when using Infura as an RPC on MetaMask, a user's IP address and wallet address information would also be collected.
Luke Plunkett / Kotaku:
Mercedes plans to charge $1,200 per year for “Acceleration Increase” in its EVs; Volkswagen, Toyota, and GM have all trialed similar subscription-based features  —  Mercedes are charging $1200 a year for an “Acceleration Increase”  —  For a few years now some car companies …
Financial Times:
Foxconn offers ~$1,400 payouts to newly recruited Chinese workers who opt to leave its iPhone factory, aiming to quell unrest after violent clashes with police  —  Apple supplier apologises for ‘technical error’ after violent clashes between workers and police
Carly Wanna / Bloomberg:
Sam Bankman-Fried plans to speak at The New York Times' annual DealBook Summit on November 30; Andrew Ross Sorkin says “nothing is off limits”  —  In the weeks since crypto exchange FTX collapsed, questions have swirled about everything from the risk management practices …
Bill Cusick / Stability.Ai:
Stability AI releases Stable Diffusion 2.0, which can generate images with 512x512 and 768x768 default resolutions and upscale images to 2048x2048  —  It is our pleasure to announce the open-source release of Stable Diffusion Version 2.  —  The original Stable Diffusion V1 led by CompVis changed …
James Vincent / The Verge:
Josh Sisco / Politico:
Sources: the FTC plans to file an antitrust lawsuit to block Microsoft's $69B Activision Blizzard deal, as FTC staff are skeptical of the companies' arguments  —  The Federal Trade Commission is likely to file an antitrust lawsuit to block Microsoft's $69 billion takeover …
Bloomberg:
Binance CEO Changpeng Zhao says the exchange aims for a ~$1B fund to buy distressed assets and plans to make another bid for bankrupt lender Voyager Digital  —  Binance Holdings Ltd. is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital-asset sector …
Bill Toulas / BleepingComputer:
UK police, Europol, Dutch police, and others dismantle online phone number spoofing service iSpoof and arrest 146 people, including the suspected mastermind  —  The ‘iSpoof’ online spoofing service has been dismantled following an international law enforcement investigation that also led …
Jon Porter / The Verge:
Elon Musk says Tesla's Full Self-Driving Beta is now available on request to anyone in North America who has paid for the $15,000 feature  —  Tesla's “Full Self-Driving” Beta, which has been gradually rolling out over the past couple of years, is now available to anyone who's paid for the feature …
Stephen Gandel / New York Times:
FTX sister firm Alameda paid $11.5M for control of a small WA-based US-licensed bank, raising questions about why federal regulators approved the deal  —  Through a subsidiary, FTX invested $11.5 million in the parent company of Farmington State Bank, which has a single branch and, until this year, just three employees.

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Mon. 11/28 - The China Protests
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Politico:
Matthew Yglesias / Slow Boring:
Manish Singh / TechCrunch:

Earlier Picks

Steve Lohr / New York Times:
Mary Ann Azevedo / TechCrunch: