Techmeme
December 2, 2022, 12:30 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple ramps up work on a mixed-reality headset, set to launch as early as 2023, and renames its OS from realityOS to xrOS, short for “extended reality”  —  Apple Inc. is ramping up work on a mixed-reality headset, its first major new product category since the Apple Watch …
Newley Purnell / Wall Street Journal:
Ye's Twitter account is suspended after he tweeted a picture of a swastika merged with a Star of David; Elon Musk replied, saying he violated Twitter rules  —  West, who goes by Ye, recently had his account restored after being banned in October  —  Kanye West Offers to Buy Parler Amid Backlash Over Anti-Semitic Posts
Financial Times:
Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader's MobileCoin trade went bad, wiping out Alameda's 2021 profits  —  Alameda Research sustained up to $1bn loss last year when client's trade on obscure token went sour  —  Hedge fund Alameda Research stepped …
Patience Haggin / Wall Street Journal:
Sources: Twitter offers advertisers generous incentives, including matching $500K to $1M in spending in 2022, in a bid to jump start its faltering business  —  Advertisers booking at least $500,000 in incremental spending would be matched, up to a $1 million cap  —  Elon Musk Says Twitter Bankruptcy Is a Possibility.
Derek Thompson / The Atlantic:
A look at some implications for generative AI: “answer engines” replacing search engines, AI mastering cognitive tasks by surveilling how experts work, and more  —  This is Work in Progress, a newsletter by Derek Thompson about work, technology, and how to solve some of America's biggest problems.
Frederic Lardinois / TechCrunch:
AWS launches Application Composer, a low-code tool for visually designing and building serverless applications with a drag-and-drop interface  —  At its re:Invent conference today, AWS announced the launch of AWS Application Composer, a new low-code tool for visually designing and building serverless applications.
Anil Ananthaswamy / Nature:
DeepMind unveils DeepNash, an AI agent that matches human experts in the board game Stratego by combining game theory and model-free deep reinforcement learning  —  Anil Ananthaswamy is the author of Through Two Doors at Once, among other books.  His next is on the mathematics of machine learning.
Marco Quiroz-Gutierrez / Fortune:
Stripe debuts a customizable fiat-to-crypto payments widget for Web3 devs to directly embed into their apps; Stripe to handle KYC checks, fraud, and compliance  —  Payments processing company Stripe on Thursday announced a so-called “fiat-to-crypto on-ramp” to make payments easier for Web3 companies.
Natasha Mascarenhas / TechCrunch:
Sources: BloomTech, previously Lambda School, is cutting half of staff, or an estimated 88 employees, its third round of known layoffs since the pandemic began  —  A little over a year after buzzy coding bootcamp Lambda School rebranded as Bloom Institute of Technology …
Darrell Etherington / TechCrunch:
Parler's owner says it “has mutually agreed with Ye to terminate the intent of sale of Parler”, after announcing the deal in October  —  Despite a joint statement between Ye (fka Kanye West) and Parler in October noting that the two had reached an agreement for the rapper to buy …
Olaf Storbeck / Financial Times:
The trial of three Wirecard executives has begun, seeking to understand how the €24B startup imploded in June 2020, one of the largest frauds in German history  —  A panel of Munich judges will from Thursday begin dissecting one of the biggest frauds in German history
New York Times:
A video and live blog of Sam Bankman-Fried being interviewed by Andrew Ross Sorkin at the New York Times' DealBook Summit, covering FTX, Alameda, and more  —  FTX, the crypto exchange Mr. Bankman-Fried founded, declared bankruptcy this month in a failure that wiped out billions of investor dollars.
Bloomberg:

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