| Sara Fischer / Axios: |
Sources: Alameda secretly loaned $43M to LLCs tied to The Block CEO Michael McCaffrey, used in part to buy and run the crypto news site; McCaffrey resigns — The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled … | Devin Coldewey / TechCrunch: |
Despite Elon Musk's opaque approach, the “Twitter Files” give a peek at moderation at scale and are a win for transparency, while failing to prove systemic bias — Twitter's new owner, Elon Musk, is feverishly promoting his “Twitter Files”: selected internal communications from the company … | Natasha Lomas / TechCrunch: |
Ireland's privacy watchdog says it is engaging with Twitter about giving data access to outsiders, amid concerns that Twitter could be in violation of GDPR — Elon Musk's desire to stir conspiratorial shit up by giving select outsiders aligned with his conservative agenda access to Twitter systems … | Julia Shapero / The Hill: |
Bari Weiss releases “Twitter Files Part Two”, sharing images of accounts that Twitter allegedly put on “blacklists” and screenshots of internal Slack messages — Former New York Times columnist Bari Weiss released the second installment of the “Twitter Files” … | Nick Turner / Bloomberg: |
| Bloomberg: |
Source: the US DOJ is preparing a potential fraud case against Sam Bankman-Fried and others, examining USD sent to the Bahamas around FTX's bankruptcy filing — US prosecutors, laying the groundwork for a potential fraud case against Sam Bankman-Fried and others involved in the collapse … | Matthew Goldstein / New York Times: |
SBF says he will testify before a US House committee on December 13 but “respectfully declines” to appear before a Senate committee, which may issue a subpoena — The FTX founder said on Twitter he would appear before a House committee next week, but was quiet about a similar request from a Senate committee.| Emily Nicolle / Bloomberg: |
| New York Times: |
The FTC will face hurdles to block Microsoft's Activision deal, as courts are skeptical of vertical merger challenges where two companies don't compete directly — Ms. Khan, the chair of the Federal Trade Commission, has staked an ambitious trustbusting agenda on a case that may be difficult to win.| Bloomberg: |
FTC officials seeking to block Microsoft's Activision deal are potentially more concerned about the future of cloud gaming than console-exclusive games — Microsoft Corp.'s $69 billion acquisition of Activision Blizzard Inc. has focused attention on the decades-old paradigm … | CNBC: |
A profile of Crypto.com CEO Kris Marszalek, who was involved in several failed ventures before founding the exchange, including an e-commerce company — - Before founding Crypto.com, Kris Marszalek was involved in multiple ventures that ended in collapse, including one where suppliers claimed they were unable to access their earnings.| Nick Baker / CoinDesk: |
| Cheng Ting-Fang / Nikkei Asia: |
Huawei licenses key 5G tech to Oppo, amid a US crackdown, and says it has patent cross-licensing deals with 20 companies, including extended deals with Samsung — Chinese tech giant keen to make the most of its trove of intellectual property — PHOENIX, U.S. — Huawei Technologies … | Nitish Pahwa / Slate: |
Three members of Twitter's Trust & Safety Council, including two who have been members since 2016, resign, alleging Twitter's new leadership had shut them out — Eirliani Abdul Rahman helped the platform stop youth sexual exploitation. The new boss wasn't listening.| Washington Post: |
With Republicans poised to take over the House in 2023, a look at the prospects of the bipartisan American Data Privacy and Protection Act in a divided Congress — With Republicans poised to take over the House next year, a divided Congress looms. The result could be two years of partisan strife and gridlock.
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| Sheila Dang / Reuters: |
| Chance Miller / 9to5Mac: |
| Cecilia D'Anastasio / Bloomberg: |
| Tim Bradshaw / Financial Times: |