Techmeme
December 6, 2022, 8:15 PM

Top News

Financial Times:
A spreadsheet SBF used in November lists nearly 500 alleged VC investments by Alameda, including in Circle, 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 …
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 …
Joshua Oliver / Financial Times:
Mark Gurman / Bloomberg:
Sources: Apple reins in its ambitious self-driving plans for its electric vehicle, delayed to 2026, now with a steering wheel, pedals, and highway-only autonomy  —  Apple Inc. has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car's target launch date …
Kif Leswing / CNBC:
Apple, AMD, and Nvidia have all indicated plans to buy chips from TSMC's planned Arizona fabs  —  - Apple CEO Tim Cook spoke at an event in Arizona on Tuesday, ahead of remarks expected by President Joe Biden later in the day, where Cook confirmed Apple will buy chips built in the U.S.
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 …
Aaron Holmes / The Information:
Sources: Microsoft recently considered building a “super app” that would combine shopping, messaging, search, news, and other services, inspired by WeChat  —  Microsoft recently considered building a “super app” that could combine shopping, messaging, web search …
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 …
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.
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.
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.
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.
Josh Eidelson / Bloomberg:
The NLRB finds that Apple illegally interfered with union organizing in Atlanta by interrogating workers, making them attend anti-union meetings, and more  —  US labor board prosecutors have determined that Apple Inc. violated federal law by interrogating and coercing employees in Atlanta …
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
Sergiu Gatlan / BleepingComputer:
Rackspace confirms a ransomware attack is behind an ongoing outage to its hosted Microsoft Exchange services but says its other products are fully operational  —  Texas-based cloud computing provider Rackspace has confirmed today that a ransomware attack is behind its ongoing Hosted Exchange outage.
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 …
Paul Sawers / TechCrunch:
Loft Dynamics, which makes a VR training simulator for helicopter pilots, has raised $20M in a round led by Craft Ventures, Sky Dayton, and Up Partners  —  Loft Dynamics, a Swiss startup creating virtual reality (VR) simulation technology for helicopter pilots, has raised $20 million in funding …
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.
Bill Toulas / BleepingComputer:
Russia's second-largest bank, VTB, is hit with a large DDoS attack causing its apps and website to go offline; “IT Army of Ukraine” claims credit for the attack  —  Russia's second-largest financial institution VTB Bank says it is facing the worse cyberattack in its history …
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
Nilesh Christopher / Rest of World:
How, in two years, JioMart grew to fulfill 600K grocery deliveries per day in 260 Indian cities, via WhatsApp integration and using Dunzo for last-mile delivery  —  In its first Diwali season, JioMart's daily sales grew by 2.5 times, with the company managing to shed its grocery-only image.

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Mark Gurman / Bloomberg:

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