Techmeme
December 6, 2022, 2:10 PM

Top News

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 …
Financial Times:
A spreadsheet SBF used in November claims 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 …
Joshua Oliver / Financial Times:
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 …
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.
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 …
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 …
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.
Rebekah Valentine / IGN:
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.
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 …
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 …
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
Mark Gurman / Bloomberg:
Apple expands the pricing options for subscription app developers by 700 price points, from $0.29 to $10K, the top 100 of which are available only upon request  —  Apple Inc. is changing the pricing structure for the App Store to let developers charge a wider range of amounts …
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
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.
Sam Altman / @sama:
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 …
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?”
More: Insider and Neowin

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Brightspot:
Is your CMS solving your content problems, or creating new ones?  —  In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
Sastrify:
SaaS Prices Are Going Up.  Here's Why (And What You Can Do about It)  —  From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.
Zoho:
Ride the wave with our marketing predictions for 2023  —  As years go by, access to technology and its expansion have been shrinking the physical borders around us.  It wouldn't be an oversimplification …
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Techmeme Ride Home:
Fri. 02/03 - The Startup Planning To De-Extinct The Dodo
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:10 PM ET, December 6, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Tom Warren / The Verge: