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December 7, 2022, 12:10 AM
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memeorandum
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| 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 …
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MarketWatch, Digital Trends, Reuters, Silicon Valley Business …, iMore, 9to5Mac, Engadget, MacRumors, Pocket-lint, iClarified, iThinkDifferent, BGR, Wccftech, MacDailyNews, The Information, Philip Elmer‑DeWitt, iPhone in Canada Blog, TechCrunch, MobileSyrup, Tom's Guide, SiliconANGLE, Macworld, AppleInsider, and Mashable
| 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 …
More:
Puck, Decrypt, CryptoSlate, CryptoPotato, and TechCrunch
Tweets: @lawmaster, @scottmelker, @arthur_0x, @adamscochran, @wublockchain, @tier10k, @jackfarley96, @brhnkcby61, @iankar_, @kadhim, @iamdcinvestor, @tree_of_alpha, @ldrogen, @ishanb22, @defiyst, @ldrogen, @tophcoins, @mayazi, @mattwalshinbos, @adamscochran, @whalecointalk, @lawmaster, @johnedeaton1, @deljohnsonvc, @drnicka, @katie_martin_fx, @forculus, @altcoingordon, @blockworks_, @lordnarfz0g, @tier10k, @gf_256, @tradermercury, @refsrc, @george_harrap, @0xmert_, @tree_of_alpha, @timccopeland, and @hsakatrades
| Gretchen Morgenson / NBC News: |
A look at Silvergate, one of the few US banks that let customers move dollars onto crypto exchanges, now drawing congressional scrutiny following FTX's collapse — Silvergate is one of the few U.S. banks that let customers move dollars onto crypto exchanges. FTX and related firms, like Alameda Research, had 20 Silvergate accounts.| Matt Levine / Bloomberg: |
More:
Inside Bitcoins, Watcher Guru, ZyCrypto, and Bitcoinist.com
| Joshua Oliver / Financial Times: |
More:
SEC.gov, Benzinga, PYMNTS.com, U.S. Senator John Kennedy, The Block, and The Block
Tweets: @katie_martin_fx, @eliotwb, @autismcapital, @jcoviedo6, @alex_valaitis, @eliotwb, @mktwgoldstein, @hkanji, and @eliotwb
| 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.
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MarketWatch, XDA Developers, The Verge, Bloomberg, iClarified, Barron's Online, Engadget, MacRumors, iPhone in Canada Blog, BGR, SlashGear, iMore, 9to5Mac, Reuters, and AppleInsider
Tweets: @markgurman, @firstadopter, @greg_price11, and @craigchamberlin
| 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 …
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9to5Mac, Seeking Alpha, MobileSyrup, BGR, The Mac Observer, OnMSFT.com, Windows Central, iThinkDifferent, and PYMNTS.com
Tweets: @aaronpholmes, @martinsfp, @daniel_rubino, @gregbensinger, @ruima, @stevemushero, @jessicalessin, @nihalmehta, and @amir
| 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 …
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Loft Dynamics
| Bloomberg: |
Hedge fund Fir Tree Capital sues Grayscale Investments for info on potential mismanagement, as GBTC, down ~74% YTD, trades at a ~43% discount to its BTC's value — Fir Tree Capital Management is suing Grayscale Investments for information to investigate potential mismanagement and conflicts …
More:
Cointelegraph, The Block, and CoinDesk
| 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:
Reuters, CoinDesk, Ledger, TechCrunch, Forbes, Fortune, iPhone in Canada Blog, PYMNTS.com, The Week, crypto.news, CryptoPotato, and Ethereum World News
| 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 …
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Oversight Board, SiliconANGLE, NPR, Wall Street Journal, New York Times, TheStreet, Platformer, Financial Times, Just The News, Mashable, Red Herring, Sky News, PCMag, CNET, UPI, The Daily Caller, WinBuzzer, Fortune, Daily Mail, Social Media Today, Newser, and Adweek
Tweets: @oversightboard, @nickclegg, @jeffhorwitz, @katieharbath, @jason_kint, @evelyndouek, @katieharbath, @klonick, @adrianweckler, @jason_kint, @mattnavarra, @noupside, @katieharbath, @caseynewton, @katieharbath, @katieharbath, @adrianweckler, @shiraovide, @jason_kint, @francescascpl, @newley, @oversightboard, @oversightboard, and @oversightboard
| Jason McMaster / VentureBeat: |
GameOn, which develops the AI chatbot ChatOS, used by major sports brands to connect with fans, raised a $35M Series B, bringing its total funding to $54M — Chat platform developer GameOn has raised $35 million in Series B funding. Mirae Asset Venture Investment, Mighty Capital … | 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 …
More:
Insider, Macworld, The Register, iPhone in Canada Blog, and Gizmodo
Tweets: @seiu, @code_cwa, and @apple_union
| Shannon Liao / Washington Post: |
Microsoft signs a 10-year deal to bring Call of Duty to Nintendo platforms for the first time, pending FTC approval of its Activision Blizzard acquisition — Microsoft has signed a deal to bring the Activision Blizzard-published Call of Duty franchise to Nintendo for the first time …
More:
Bloomberg, Kotaku, and Press Start
Tweets: @xboxp3, @shannon_liao, @genepark, @shannon_liao, @deantak, @stevecla, and @shannon_liao. Thanks:@stevecla
| 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.| 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.
More:
Rackspace Technology, TechCrunch, PCMag, The Register, SiliconANGLE, Channel Futures, The Record, SC Media, Tech Monitor, DCD, Cybersecurity Dive, and CRN
| 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.
Tweets: @restofworld, @parkyprakhar, @cengizyar, @nilchristopher, and @restofworld
| 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
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Ars Technica, Reuters, noyb.eu, MarketWatch, Gizmodo, Brookings, edpb.europa.eu, Reuters, Tuko.co.ke, PYMNTS.com, Fortune, CNET, The Information, Engadget, and TechCrunch
Tweets: @samschech, @eu_edpb, @borrowed_ideas, @sgclark92, @mattnavarra, @tetsuwanastro, @sgclark92, @eric_seufert, @borrowed_ideas, @noybeu, @anewman_forward, @pch_news, @maxschrems, @borrowed_ideas, @jason_kint, @robertjbateman, @borrowed_ideas, @jason_kint, @kylebrussell, @jason_kint, @vmanancourt, @tetsuwanastro, @torvalstrom, @wolfiechristl, and @annemariebridy
| McKinsey & Company: |
A survey finds that while 50% of businesses have adopted AI in 2022, 2.5x higher than in 2017, AI adoption has plateaued between 50%-60% for the past few years — Adoption has more than doubled since 2017, though the proportion of organizations using AI 1 has plateaued between 50 and 60 percent for the past few years.
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VentureBeat
| Byron Kaye / Reuters: |
An Australian court fined Uber A$21M for threatening cancellation fees it never charged and overstating fare estimates on some rides; ACCC sought a A$26M fine — An Australian court fined Uber Technologies Inc (UBER.N) A$21 million ($14 million) on Wednesday for threatening cancellation fees … | 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 …
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Security Affairs
| Cristiano Lima / Washington Post: |
US Congress omits the Journalism Competition and Preservation Act from the defense spending bill, amid intense pushback from industry and advocacy groups — Facebook threatened to block news in the U.S. over the measure, which was under consideration as part of a defense package
More:
FedScoop and @cjschexnayder@journa.host
Tweets: @senatorshoshana, @kellymakena, @libertarianblue, @jkealing, @evan_greer, and @viacristiano
| Bloomberg: |
Nigeria's central bank slashes the daily ATM withdrawal limit from ~$337/day to ~$45/day in a bid to boost digital payments and eNaira digital currency adoption — Nigeria's central bank slashed the daily withdrawal limit from automatic teller machines in a bid to boost digital payments in Africa's most-populous nation.| Sarah E. Needleman / Wall Street Journal: |
Pinterest adds Elliott Management's Marc Steinberg to its board as part of an agreement with the activist investor; Elliott has a stake of over 9% in Pinterest — Activist investor has also entered into a long-term agreement to help the social-media company growSponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cape:
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Zoho:
Introducing Zoho connected apps for Google Gemini — Note: Now available to organizations in the Indian data center. Support for other Zoho data centers will be available soon.AI assistants have gotten remarkably …
Introducing Zoho connected apps for Google Gemini — Note: Now available to organizations in the Indian data center. Support for other Zoho data centers will be available soon.AI assistants have gotten remarkably …
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
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