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December 2, 2022, 5:00 PM
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| 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 …
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Forbes, CryptoPotato, Ethereum World News, and CoinDesk
| CNBC: |
Filing: DOJ requests the appointment of an independent examiner to probe “substantial and serious allegations of fraud, dishonesty” that led to FTX's bankruptcy — - FTX's bankruptcy case demands an independent review, the Department of Justice said, because of allegations …
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Bloomberg, The Information, CoinDesk, PYMNTS.com, SiliconANGLE, Fortune, International Business Times, Reuters, Cointelegraph, CoinGape, Decrypt, and The Block
Tweets: @allyversprille, @timevalueofbtc, and @trengriffin
| Ivan Mehta / TechCrunch: |
Google says it is testing end-to-end encryption for RCS-based group chats on its Messages app — Google said today it is testing end-to-end encryption for RCS-based group chats on its Messages app — RCS stands for Rich Communication Services. The company noted that it will be rolling …
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The Keyword, Android Developers Blog, 9to5Google, Insider, ZDNet, Engadget, AppleInsider, MacRumors, Thurrott, PCMag, The Verge, xiaomiui, iMore, Android Authority, Android Authority, Gizmodo, XDA Developers, Phone Scoop, Android Police, Android Central, iPhone in Canada Blog, and Droid Life
Tweets: @mishaalrahman and @google
| 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
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Ars Technica, BBC, The Guardian, New York Times, TechCrunch, The Atlantic, BuzzFeed News, Politico, The Verge, TIME, Axios, New York Post, CNET, Deadline, Engadget, Music Ally, Washington Post, Fortune, Forbes, PCMag, SlashGear, The Hill, knowtechie.com, Variety, Coinspeaker, USA Today, VICE, MobileSyrup, Android Headlines, Newser, Watcher Guru, CNN, The Verge, Reclaim The Net, Mashable, Silicon Republic, Gizmodo, Reuters, NPR, NBC News, The Hollywood Reporter, and CNBC
Tweets: @elonmusk, @drewharwell, @popehat, @ericgoldman, @elonmusk, @realsaavedra, @elonmusk, @rvawonk, @lrozen, @realbrysongray, @mtracey, @iansherr, @bendreyfuss, @nexta_tv, @heerjeet, @edzitron, @zsk, @kt_so_it_goes, @ronpaulinstitut, @artemr, @mmasnick, @populismupdates, @naija_pr, @catturd2, @jessefferguson, @autismcapital, @adamwagner1, @iightworks, @junlper, @tomwarren, @tiffanyfong_, @studentactivism, @antsstyle, @partisangirl, @david_leavitt, @conoraon, @uncledoomer, @reckless, @mattsteinglass, @piersmorgan, @louispeitzman, @mtracey, @drmistercody, @noupside, @nickmartin, @joshtpm, @carnage4life, @mtracey, @rpsagainsttrump, @bborrman, @hodgetwins, @ericnewcomer, @mattxiv, @populismupdates, @jolyonrubs, @sakitechonline, @villagemagire, @ifnotnoworg, @mattnavarra, @edzitron, @angela4lncchair, @atrupar, and @elonmusk
| Adam Morgan McCarthy / The Block: |
Mike Novogratz's Galaxy Digital agrees to buy high-security custodian GK8 from bankrupt crypto lender Celsius; Celsius acquired GK8 for $115M in late 2021 — - Mike Novogratz's Galaxy Digital agreed to buy GK8 from Celsius. — GK8 was originally acquired by Celsius for $115 million in late 2021.| 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.
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Ars Technica, The Register, Financial Times, 9to5Mac, Search Engine Land, Barron's Online, Reuters, Observer, PYMNTS.com, TheStreet, The Future, Now and Then, Forbes, and SlashGear
Tweets: @zoeschiffer, @bgrueskin, @zoeschiffer, @b52malmet, @newley, @peterwsinger, @astaniscia86, @jamesvgrimaldi, and @zoeschiffer
| Jonathan Vanian / CNBC: |
Amazon's senior VP of global media and entertainment Jeff Blackburn will leave in early 2023; Blackburn left Amazon in February 2021 and rejoined in May 2021 — - Blackburn will remain at the company through early 2023 to “ensure a smooth transition.” — Blackburn joined Amazon in 1998 …
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About Amazon, Bloomberg, GeekWire, The Information, Reuters, Deadline, and Variety. Tweets: @amazonnews
| Richard Waters / Financial Times: |
Palmer Luckey's Anduril, which builds autonomous systems for the US military, raised nearly $1.5B at a $7B pre-money valuation, up from $4.2B in June 2021 — Second-biggest venture capital round of the year in the US values company at $7bn — Defence technology start-up Anduril …
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Crunchbase News, Anduril Blog, SiliconANGLE, and Axios
Tweets: @ktmboyle, @eladgil, @westcoastbill, and @ingridlunden
| 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.
More:
SiliconANGLE, DEVCLASS, and Mostly Cloudy
| 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.
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Stripe Blog, Cryptopolitan, TechCrunch, Watcher Guru, Coinspeaker, CoinJournal, Benzinga, CoinDesk, Blockworks, The Block, and Cointelegraph
Tweets: @stripe, @iamarkdev, @coineragnostic, @martymadrid, @tyvdh, @mdudas, @audiusproject, and @niftys
| Kristin Robinson / Billboard: |
Triller removes music catalogs for UMG, WMG, Sony Music and Merlin after Sony filed a lawsuit claiming Triller failed to make payments worth “millions” — Following Sony's lawsuit, one label source says “millions” in unpaid royalties are the issue. Triller denies this, saying the app is “reassessing” label deals.Sponsor Posts
Subquadratic:
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
Labels that build themselves: Simplified Label Automation in Zoho Writer — Anyone who ships every day knows this feeling. Forty orders, each with a different number of items, and every item needs its own label.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
WebBrain:
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.Featured Podcasts
Big Technology Podcast:
Will the Democrats' Big Win Stop the AI Buildout? — With Teddy Schleifer
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Machine Gods:
Crypto's Biggest Heist Ever + The Spy Who Loved Nvidia + Hacktober's Unsolved Mysteries
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
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Channels with Peter Kafka:
Barry Diller on Big Bets, AI, and Knowing When to Walk Away
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Martin Casado on Frontier Model Economics, AI's Slowdown, and the Cursor Deal
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Sources:
A quiet investor's $10 billion bet on AI, chips, and defense
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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Cheeky Pint:
The company building America's uranium supply from scratch
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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