Techmeme
December 5, 2022, 3:05 PM

Top News

Ben Thompson / Stratechery:
A look at the effects of ChatGPT, which has caused an explosion of interest in OpenAI's capabilities 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.
Ankush Khardori / New York Magazine:
Unlike Bernie Madoff, SBF has not confessed to criminal conduct, arguing sloppiness and missteps caused FTX's collapse, meaning a US prosecution could take 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 claims FTX CEO John Ray is not working with him, not replying to messages, and made false statements, while dodging 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.
Joshua Oliver / Financial Times:
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 …
Ellen Thomas / Insider:
Memo: Slack CEO and co-founder Stewart Butterfield plans to leave Salesforce in January 2023, saying the move “has nothing to do” with Bret Taylor's departure  —  Slack CEO Stewart Butterfield is leaving Salesforce in January.  —  Butterfield posted his announcement …
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 …
Nikhilesh De / CoinDesk:
Crypto lender Nexo says it will exit the US market altogether in the coming months and immediately halt access to its Earn Interest Product in eight states  —  Nexo will immediately suspend access to its Earn product in several U.S. states.  —  Crypto lender Nexo announced Monday …
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.
NBC News:
Secret Service report: China-linked APT41 hackers stole $20M+ in US COVID-19 relief benefits, the first known pandemic fraud tied to state-affiliated hackers  —  Hackers linked to the Chinese government stole at least $20 million in U.S. Covid relief benefits, including Small Business Administration loans …
Ashley Gold / Axios:
Following tests on Instagram, Meta begins testing age verification tools on Facebook Dating, letting users upload IDs or video selfies screened by partner Yoti  —  Meta is testing age verification tools on Facebook Dating, a move the company says will make the product safer, per an announcement shared exclusively with Axios.
Simon Sharwood / The Register:

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Financial Times:
Dan Milmo / The Guardian:

Earlier Picks

Joe Rossignol / MacRumors: