Techmeme
November 29, 2022, 3:35 PM

Top News

Donie O'Sullivan / CNN:
Twitter stopped enforcing its longstanding COVID-19 “harmful misinformation” policy on November 23; more than 11,000 accounts were suspended under the rules  —  New York (CNN Business)Twitter said it will no longer enforce its longstanding Covid misinformation policy …
Platformer:
Sources: Twitter begins reinstating ~62K accounts with more than 10K followers after Elon Musk's poll on general amnesty; one account has over 5M followers  —  They're skeptical of their workers, too.  PLUS: New details on Musk's ‘general amnesty’ for banned Twitter users  —  and Zoë Schiffer
David Yaffe-Bellany / New York Times:
Internal FTX documents detail SBF's desperate attempts to cling on to power, convinced he could save FTX; SBF claims “numerous parties” were willing to invest  —  Emails and text messages show how lawyers and executives struggled to persuade the 30-year-old entrepreneur to give up control of his collapsing crypto exchange.
Wall Street Journal:
Ryan Weeks / The Block:
Binance's $1B recovery fund is a lifeline, but questions remain, including on decision making and why funds came from a cold wallet that holds customer funds  —  - The billion-dollar fund could be a crucial lifeline for the industry, as companies tussle with the aftershocks of FTX's collapse.
Chance Miller / 9to5Mac:
Kuo estimates iPhone 14 Pro and iPhone 14 Pro Max shipments in Q4 to be 70M-75M, vs. the 80M-85M consensus, and thinks demand may “disappear” due to a recession  —  The supply and production issues plaguing the iPhone 14 Pro and iPhone 14 Pro Max are no secret at this point.
Financial Times:
BlockFi sues Sam Bankman-Fried's Emergent Fidelity Technologies to seize Robinhood shares that SBF had pledged as collateral under an agreement on November 9  —  Complaint against FTX founder comes as crypto company becomes the latest to seek bankruptcy protection
Financial Times:
Vishal Chawla / The Block:
Decentralized crypto exchange Serum, backed heavily by FTX, says it is “defunct” and points users to a community-led fork  —  - Solana-based exchange protocol Serum stated on Twitter it was now “defunct.”  — It pointed that it was now replaced by a community fork called OpenBook.
RT Watson / The Block:
Report: Fanatics' sports NFT service Candy Digital lays off as many as half of its 100-person staff; the startup raised a $100M Series A in October 2021  —  - Despite achieving unicorn status last year Candy Digital decided to let go of a large number of its roughly 100 employees
Source: SporticoMore: Decrypt, CoinGape, and Cryptonews
Juli Clover / MacRumors:
Washington Post:
Ingrid Lunden / TechCrunch:
Adobe: US consumers spent $11.3B on Cyber Monday, up 5.8% YoY, above Thanksgiving's $5.29B and Black Friday's $9.12B, driven in part by deeper discounts  —  Expectations for this year's holiday spend online were lukewarm, but initial activity — driven by deep discounts — has bucked predictions.
Mark Harris / Wired:
A look at the FBI's January 6 investigation geofence warrant: Google identified 5K+ devices; dozens appear to have been in airplane mode or had data deleted  —  Google provided investigators with location data for more than 5,000 devices as part of the federal investigation into the attack on the US Capitol.

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Kate Beioley / Financial Times:

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