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December 6, 2022, 11:10 AM
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| Matt Levine / Bloomberg: |
Unpacking the 2022 crypto credit crisis and its parallels with the 2008 financial crisis by analyzing Three Arrows Capital's collapse, FTX's implosion, and more — The crypto financial crisis of 2022 — Apparently the way it works is that if you blow up a big crypto firm …
More:
The Block, Wccftech, crypto.news, CoinGape, CryptoSlate, and The Economic Times
| Joshua Oliver / Financial Times: |
Filing: US bank Silvergate confirms processing wire transfers for traders on Alameda, claiming to have conducted “extensive due diligence” on FTX and Alameda — Federal Reserve-regulated company says it performed ‘significant due diligence’ on FTX and Alameda Research
More:
NBC News, SEC.gov, CoinDesk, Decrypt, Cryptonews, and Crowdfund Insider
Tweets: @katie_martin_fx, @jcoviedo6, @hkanji, @eliotwb, and @wublockchain
| Brad Smith / Wall Street Journal: |
Microsoft's president discusses the FTC reportedly blocking the Activision Blizzard acquisition and says the company offered Sony a 10-year Call of Duty deal — Far from harming competition, it'll allow us to compete against more powerful companies through innovation.
More:
The Hill, CNBC, Pocket-lint, KitGuru, Video Games Chronicle, Coinspeaker, MSPoweruser, TrueAchievements, FOSS Patents, Gameranx, Wccftech, Appuals.com, and GamingBolt
Tweets: @bradsmi, @parismarx, @charlieintel, @profwrightgmu, @cwaunion, @logmey92, @carlquintanilla, @jongraywb, @uniglobalunion, and @benedictevans
| Rebekah Valentine / IGN: |
More:
Thurrott, ExtremeTech, OnMSFT.com, Push Square, TechRadar, Pocket-lint, and MSPoweruser
Tweets: @alexhern, @wario64, @ohnoitsalexx, @infrarogue89, @moatxsx, @stephentotilo, @thenintendofeed, @zhugeex, @stephentotilo, @benjisales, and @vicious696
| Jon Porter / The Verge: |
Google brings continuous scrolling to desktop search in English in the US, loading six pages of results, after a similar change on mobile in October 2021 — Google's search results on desktop will load in a continuous scroll instead of dividing into pages, the company has announced.
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9to5Google, Search Engine Land, XDA Developers, Thurrott, Macworld, Engadget, Digit, SlashGear, BGR, MacRumors, WRAL TechWire, TechCrunch, Search Engine Roundtable, and SamNews 24
Tweets: @google, @bdsams, @carnage4life, @thevunderkind, @moraitakis, @sub8u, @tonyw, and @championswimmer
| Financial Times: |
TSMC plans to more than triple its Arizona investment to $40B, building a fab for 3nm chips, set to open in 2026, and making 4nm chips in its fab for 5nm chips — President Biden to hail Taiwanese chipmaker's second plant as boost for US manufacturing — Taiwan Semiconductor Manufacturing Company … | Rachael Levy / Reuters: |
Sources: the US Department of Agriculture is investigating Neuralink for potential animal welfare violations after staff complaints over rushed animal testing — Elon Musk's Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations amid …
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The Hill, The Information, Fortune, The Verge, Digit, Sky News, Daily Mail, Forbes, SlashGear, CoinGape, The Daily Beast, Watcher Guru, and Mashable
Tweets: @rachael_levy, @marionawfal, @thephilosotroll, @green_footballs, @realspikecohen, @paraschopra, @avi_bueno, @ct_bergstrom, @robertskvarla, @mattbinder, @bradheath, @ct_bergstrom, @rachael_levy, @rachelmetz, @rafaelshimunov, @wallstreetbets, @rafaelshimunov, @unusual_whales, @reuters, @mattbc, @parismarx, @avi_bueno, @shalingala, @politicussarah, @jasonleopold, @avi_bueno, and @rafaelshimunov
| Sam Altman / @sama: |
OpenAI CEO Sam Altman says ChatGPT crossed 1M users in five days and the company will monetize the tool eventually as the compute costs are “eye-watering” — ChatGPT launched on wednesday. today it crossed 1 million users!
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BleepingComputer, MIT Technology Review, Skift, Platformer, TechCircle, Metaverse Post, CNET, Silicon Republic, and Hello Universe
Tweets: @sama, @sama, @michaelmartocci, @sama, @elonmusk, @razibkhan, @kyleofthecorn, and @barret_zoph
| Ben Thompson / Stratechery: |
More:
The Block, Washington Post, The Guardian, Meta Stack Overflow, vitalik.eth.limo, Rozado's Visual Analytics, @davidgerard@circumstances.run, @timbray@mastodon.cloud, @adactio@mastodon.social, AI Snake Oil, How to E-commerce, Interconnected, VICE, Tech in Asia, HackerNoon, and Livemint
Tweets: @jdjkelly, @tqbf, @spiantado, @goodside, @davidtsong, @goodside, @zackkorman, @itstimconnors, @moyix, @sytelus, @raphaelmilliere, @jtriest, @rreverser, @levie, @pmarca, @alexhern, @miles_brundage, @zoink, @michlbrmly, @gfodor, @fchollet, @anothercohen, @elonmusk, @htmleverything, @vitalikbuterin, @donie, @nxthompson, @katebevan, @peteskomoroch, @jamespoulos, @rsgnl, and @altcoinpsycho
| Adi Robertson / The Verge: |
Meta's Oversight Board releases a report on the controversial cross-check moderation system, citing “shortcomings” and calling for “radically” more transparency — Meta's Oversight Board has released an in-depth report on Facebook and Instagram's controversial cross-check system … | Reuters: |
Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after FTX's collapse hit valuations and dampened investor interest — Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse …
More:
Finextra, CoinDesk, PYMNTS.com, crypto.news, Cointelegraph, NewsBTC, CoinGape, Coinspeaker, CryptoPotato, and The Block
Tweets: @epro, @thousandbtc, @pastore1314, and @0x_malcolm
| Tim Hardwick / MacRumors: |
Apple launches its Self Service Repair program in Belgium, France, Germany, Italy, Poland, Spain, Sweden, and the UK, the first expansion outside the US — Apple today announced it has launched its self-service repair program in Europe, extending the program beyond the United States for the first time.
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Apple, Appleosophy, TechCrunch, PCMag, ZDNet, Tom's Hardware, 9to5Mac, BBC, XDA Developers, iDownloadBlog.com, WinBuzzer, Engadget, Cult of Mac, Digital Photography Review, AppleInsider, Neowin, T3, Pocket-lint, BetaNews, The Verge, Bloomberg, Patently Apple, The Guardian, and iMore. Tweets: @waxeditorial
| Sam Schechner / Wall Street Journal: |
Sources: EU privacy regulators rule that Meta's TOS should not require that users agree to personalized ads based on their online activity; Meta can appeal — EU privacy regulators say Facebook and Instagram shouldn't use their terms of service to require users to accept ads based on their digital activity| John Seabrook / New Yorker: |
How a young generation of musicians use TikTok, amassing huge followings but making little money, while some older musicians remain opposed to the platform — The social-media platform is transforming the music industry. Is that a good thing? … In December, 2020, after spending nine months …
More:
National Review, The Hill, and Slice of Shy
Tweets: @danishacarter4, @newyorker, and @flomachinenews
| Sam Kessler / CoinDesk: |
After criticism from users, ConsenSys revises MetaMask's data collection practices, including stopping logging IP addresses directly alongside transaction data — ConsenSys clarified its data sharing practices and said it will rebuild MetaMaks' settings page to address user concerns.| Steven Levy / Wired: |
A look at Tony Fadell's new Ledger Stax crypto hardware wallet with an E Ink touchscreen, manufactured by Foxconn for Ledger and debuting on December 6 for $279 — The product guru made Ledger's new hardware wallet—a tiny vault for digital cash—flashy and fun. Plus, with this gadget you'll never get FTX'd.
More:
CoinDesk, TechCrunch, Reuters, The Block, Fortune, Cointelegraph, CNBC, Bitcoin Magazine, and CoinGape
Tweets: @stevenlevy, @ledger, @ledger, @ledger, and @ledger
| Jon Swartz / MarketWatch: |
Meta threatens to consider removing news from its apps if Congress passes Senator Klobuchar's “ill-considered” Journalism Competition and Preservation Act — Bill would allow news organizations to band together to negotiate for a larger share of online advertising revenue
More:
Financial Times, Axios, Insider, Mercury News, Coinspeaker, The Register, MediaNama, TechCircle, Wall Street Journal, Patently Apple, and BBC
Tweets: @andymstone, @evan_greer, @econliberties, @mattyglesias, @scottbrodbeck, @scottbrodbeck, @dicktofel, @daphnehk, @benedictevans, @jonschweppe, @ewerickson, @benedictevans, @jason_kint, @benedictevans, @daphnehk, @kantrowitz, @jason_kint, @benedictevans, @tomfelle, @benedictevans, @benedictevans, @jeffjarvis, @mikewehner, @daphnehk, @jeffjarvis, @maxkennerly, @oliverdarcy, @jeffjarvis, @mattdpearce, @elkmovie, @jaysvoboda, @bendreyfuss, @m_wacker, @__gabbymiller, @bendreyfuss, @courtneyr, @mattdpearce, @owillis, @mh4oh, @bgrueskin, @bgrueskin, @cameronwilson, @bgrueskin, @fernandorgallo, @kyleorl, @mclendaniel, @viacristiano, @bendreyfuss, @jeffhorwitz, and @fboversight
| Financial Times: |
Sources: the UK Treasury finalizes expanded crypto regulation plans, including letting the FCA restrict how companies run and advertise, after FTX's implosion — Implosion of FTX injects fresh urgency into government's pledge to impose order — The Treasury is finalising plans for a package …
More:
CoinDesk, Coinspeaker, The Block, Bloomberg, Cointelegraph, Bitcoinist.com, ExchangeWire.com, crypto.news, and Watcher Guru
Tweets: @matthewstoller, @martincloake, @davidheniguk, @mc_of_a, and @thestalwart
| Aisha Malik / TechCrunch: |
Snapchat partners with Adidas to launch a Bitmoji Fashion Drop, giving users a limited time to buy an item they can only acquire with Snap Tokens, a first — Snapchat announced today that it's partnering with Adidas to launch a new Bitmoji Fashion Drop, giving users access to exclusive merchandise.| Financial Times: |
A look at a spreadsheet SBF used in November that lists ~500 alleged VC investments by Alameda, including in Genesis, Sky Mavis, Paxos, StarkWare, and Anchorage — A look inside Sam and Caroline's grab-bag of crypto, etc. — As well as running a crypto exchange that didn't exchange crypto … | Newley Purnell / Wall Street Journal: |
Hong Kong officials and legislators criticize Google over a pro-democracy song, “Glory to Hong Kong”, appearing among the top results for the national anthem — Officials and lawmakers call on company to alter its results page to show China's national anthem instead of a song made popular by antigovernment protesters
Tweets: @tripperheadtoo, @shiraovide, and @newley
| Mary Ann Azevedo / TechCrunch: |
Robinhood launches a waitlist for Robinhood Retirement, which it calls the “first and only” IRA with a 1% match on every eligible dollar contributed — Fintech says its will offer a 1% match on every eligible dollar contributed to its IRAs — Retail trading app Robinhood is entering the retirement game.
More:
Associated Press, Under the Hood, Fortune, Crowdfund Insider, and FinSMEs
| Ben Schoon / 9to5Google: |
Amazon updates its Luna game streaming service to let users play Ubisoft PC games they own without having to pay the $17.99 per month subscription — Amazon Luna is one of the better cloud gaming options if you play a lot of Ubisoft titles, and it's getting a big upgrade this week.
More:
The Verge
| Pranav Dixit / BuzzFeed News: |
Some laid-off tech workers on H-1B visas from Meta, Shopify, Twitter, and other tech companies say their employers did not provide adequate immigration support — Some former tech employees on work visas in the US are experiencing an existential crisis: “Is it worth staying here for a job and country that doesn't care about you?”Sponsor Posts
Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Azure Content Understanding: Building on lessons from a decade of Document Intelligence — What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
App Spotlight: TDS 26AS Reconciliation for Zoho Books — Automate 26AS/Form 168 reconciliation, ensuring that mismatches between your 26AS/Form 168 and books are flagged to make ITR filing seamless …
App Spotlight: TDS 26AS Reconciliation for Zoho Books — Automate 26AS/Form 168 reconciliation, ensuring that mismatches between your 26AS/Form 168 and books are flagged to make ITR filing seamless …
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.Featured Podcasts
Sources:
Robinhood's CEO on letting AI trade your money
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.
Subscribe to Sources.
Training Data:
David Silver and Lasse Espeholt of Ineffable Intelligence: A Superlearner for the Age of Experience
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
David Vélez - Building Nubank and the Future of Global Banking
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Cheeky Pint:
Muse Wonder: Zuckerberg and Wang's $100B AI
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Lenny's Podcast:
Why every company now needs to think and operate like a lab team | Josh Woodward (Google Labs, Gemini, AI Studio)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Meta & Microsoft's Claude Slowdown, His Agent Leaked His Banking Info, Don't Bully Your AI
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.
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