Techmeme
December 5, 2022, 10:35 AM

Top News

Ben Thompson / Stratechery:
A look at the implications of OpenAI's ChatGPT, which has experienced an explosion of interest and led to questions about AI's impending impact on society  —  It happened to be Wednesday night when my daughter, in the midst of preparing for “The Trial of Napoleon” for her European history class …
James Vincent / The Verge:
Stack Overflow temporarily bans users from sharing responses generated by ChatGPT, pending a final ruling; the site's mods say most ChatGPT answers are wrong  —  Stack Overflow, the go-to question-and-answer site for coders and programmers, has temporarily banned users from sharing responses generated by AI chatbot ChatGPT.
Joshua Oliver / Financial Times:
Sam Bankman-Fried admits involvement in two of Alameda's largest uses of funds: spending $3B to buy out Binance's FTX stake and pouring $4B into venture capital  —  Exchange's former CEO says he was close to key decisions at nominally separate trading firm  —  Speaking from his bed in Nassau …
Ankush Khardori / New York Magazine:
Unlike Bernie Madoff, SBF has not confessed to any criminal conduct, arguing FTX's collapse was purely sloppiness, meaning a US prosecution could take some time  —  On December 11, 2008, Bernie Madoff was arrested and criminally charged with one of the biggest financial frauds in history …
Stephanie Murray / The Block:
SBF says John Ray III is not working with him or responding to messages, claims Ray made false statements, and dodges questions on Alameda and loaning funds  —  - Sam Bankman-Fried is taking aim at John Ray, the new CEO of FTX, claiming he's been iced out after the firm filed for bankruptcy protection.
Parikshit Mishra / CoinDesk:
USDC stablecoin developer Circle terminates its plan to go public via a SPAC merger with Concord Acquisition Corp., announced in July 2021, by mutual agreement  —  The firm had announced plans to go public in July of 2021.  —  Circle, the company behind stablecoin USDC …
Simon Sharwood / The Register:
Reuters:
Source: Foxconn plans to resume full production in its Zhengzhou plant in late December or early January, after worker unrest; November revenue fell 11.4% YoY  —  Apple supplier Foxconn (2317.TW) expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January …
Joe Rossignol / MacRumors:
Kuo: mass shipments of Apple's AR/VR headset may be delayed until H2 2023, from the previously estimated Q2 2023, due to “software-related issues”  —  Mass shipments of Apple's long-rumored AR/VR headset may be delayed until the second half of 2023 due to unspecified …
Tim Copeland / The Block:
Orthogonal Trading defaults on eight loans to lending protocol Maple Finance totaling $36M, or ~30% of active loans on the protocol, likely due to FTX exposure  —  - Orthogonal Trading has defaulted on eight loans totalling $36 million on lending protocol Maple Finance.
Dan Milmo / The Guardian:
A survey of 8,000 young people in nine European countries finds 34% say they have pirated content, 27% have trolled someone, 22% have incited violence, and more  —  EU-funded survey of people aged 16-19 finds one in four have trolled someone - while UK least ‘cyberdeviant’ of nine countries

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Lauren Goode / Wired:

Earlier Picks

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