Techmeme
December 7, 2022, 11:00 AM

Top News

Shannon Liao / Washington Post:
Microsoft agrees to a 10-year deal to bring Call of Duty to Nintendo Switch for the first time, pending FTC approval of its Activision deal, but offers no date  —  Microsoft has signed a deal to bring the Activision Blizzard-published Call of Duty franchise to Nintendo for the first time …
Kif Leswing / CNBC:
Apple, AMD, and Nvidia have all indicated plans to buy chips from TSMC's future Arizona fabs, expected to open in 2024 and 2026  —  - 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.
Tim Culpan / Bloomberg:
Despite Joe Biden and Tim Cook celebrating TSMC's long-planned Arizona fabs, the tech will be outdated and capacity small, a far cry from US chip independence  —  President Joe Biden is so proud of Taiwan Semiconductor Manufacturing Co.'s new facility that he went to Arizona to celebrate it.
Financial Times:
Sources: FTX reached late stage negotiations with Taylor Swift for a $100M+ sponsorship deal, supported by Swift fan SBF but opposed by some FTX executives  —  Negotiations between singer-songwriter and Sam Bankman-Fried's crytpo group collapsed this spring
Kalley Huang / New York Times:
Sources: seeking to capitalize on the Twitter chaos, Meta brainstormed product ideas in November like expanding Instagram Notes and building a text-focused app  —  New start-ups and other social platforms sense opportunity as Twitter grapples with changes from Elon Musk, its new owner.
William Turton / Bloomberg:
Bloomberg:
A look at the digital asset diehards at Art Basel Miami Beach, who tried to ignore the fallout from FTX's collapse while FTX merch was hidden away in storage  —  At a dazzling new hotspot in the center of Miami's crypto scene, the remains of Sam Bankman-Fried's collapsed empire are stuffed in trash bags.
Tom Warren / The Verge:
Microsoft launches Discord-like communities in Teams for Android and iOS, letting users organize groups with its calendar, meeting, and chat features for free  —  Microsoft is launching a new communities feature for Microsoft Teams today, designed for consumers to use the best parts of Teams free …
Faiz Siddiqui / Washington Post:
Twitter ads from ~40 major brands including Amazon, Snap, and Uber appeared on the pages of at least two white nationalists, whose accounts Elon Musk restored  —  Ads from dozens of major brands were appearing on white nationalist and extremist accounts  — Ads for more than three dozen …
Parmy Olson / Bloomberg:
OpenAI's ChatGPT could be a serious threat for Google, offering quick, clear, and comprehensive answers to difficult questions that require no further searches  —  A new chatbot from OpenAI took the internet by storm this week, dashing off poems, screenplays and essay answers that were plastered …
Shaurya Malwa / CoinDesk:
Facing a large deficit in its treasury, DeFi protocol Sushi proposes diverting fees from the Kanpai protocol and reduces its runway requirement from $9M to $5M  —  Developers proposed to divert 100% of fees generated on the platform to Sushi's multisig for one year or until new tokenomics are implemented.
Andrew Romero / 9to5Google:
Telegram partners with Fragment to let users create an anonymous phone number to join the service, removing the need for a SIM card, and adds security features  —  For years, apps like Telegram and Whatsapp have restricted access to users who could sign up using a SIM card and phone number.
Adam James / The Block:
Auditing firm Mazars says Binance's bitcoin reserves have a 101% collateralization ratio, after doing a proof-of-reserves and proof-of-liabilities verification  —  - Mazars concluded that Binance's bitcoin reserves are fully collateralized, following a proof-of-reserves and proof-of-liabilities verification.
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 …
Michael Sheetz / CNBC:
SpaceX announces Starshield, expanding Starlink into military and government applications, initially focusing on imagery, communications, and “hosted payloads”  —  - Elon Musk's SpaceX is expanding its Starlink satellite technology into military applications with a new business line called Starshield.
Jon Porter / The Verge:
WhatsApp begins rolling out customizable avatars, already available on Facebook and Instagram, letting users set a profile picture or send one of 36 stickers  —  Avatars, the customizable characters that are already available across Meta services like Facebook and Instagram, are officially launching on WhatsApp.
Deepsekhar Choudhury / Moneycontrol:
Sources: India tells Nick Clegg and other Meta executives to complete takedown requests within an hour and says Google has a higher rate of compliance than Meta  —  Union IT minister Ashwini Vaishnaw also told Meta that it needs more fact-checkers in India in proportion to the country's population …
Helene Braun / CoinDesk:
Signature Bank plans to cut its crypto-tied deposits by $8B-$10B, or to under 15%; as of September 2022, ~23.5% of the bank's $103B deposits came from crypto  —  Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses.
New York Times:
How Geneva-based VPN startup Proton's ~25 engineers are fighting Russian censorship, a back-and-forth battle since the government blocked Proton in March 2022  —  The cat-and-mouse experience of Proton, a Swiss company, shows what it's like to be targeted by Russian censors — and what it takes to fight back.

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Earlier Picks

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Bloomberg:
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