| U.S. Securities and Exchange Commission: |
| CNBC: |
Bahamas AG Ryan Pinder and US SDNY Attorney Damian Williams confirm Bahamas police arrested Sam Bankman-Fried, who is under indictment and could be extradited — - The cofounder and former CEO of bankrupt crypto trading firm FTX was arrested in the Bahamas after the U.S. attorney … | CNBC: |
The Southern District of New York charges SBF with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, money laundering, and more — - Federal prosecutors in the Southern District of New York unsealed eight separate charges against disgraced FTX co-founder Sam Bankman-Fried … | Bloomberg: |
The CFTC sues Sam Bankman-Fried for fraud, alleging FTX “misappropriated customer funds”, violated its own TOS, extended unlimited credit to Alameda, and more — The Commodity Futures Trading Commission sued Sam Bankman-Fried, FTX and Alameda Research for violations of federal commodities laws.| Steven Ehrlich / Forbes: |
A look at a draft of Sam Bankman-Fried's planned US House testimony, including accusations against John Ray III and screenshots of a chat with Changpeng Zhao — Sam Bankman-Fried, founder of collapsed crypto exchange FTX, was scheduled to testify Tuesday before the U.S. House of Representatives Committee on Financial Services.| Bloomberg: |
FTX lawyers say Bahamas officials worked to help SBF regain access to FTX Trading's systems, asking him to mint a coin to transfer funds to island officials — Bahamas government officials worked closely with Sam Bankman-Fried and tried to help him regain access to key computer systems … | Adam James / The Block: |
Changpeng Zhao addresses major USDC outflows, saying Binance users can “withdraw any other stablecoin”; Nansen shows users withdrew $1.6B+ in ETH in 24 hours — - Binance CEO Changpeng Zhao has addressed major USD Coin outflows. — Some $1.6 billion has been withdrawn … | Mark Gurman / Bloomberg: |
Sources: Apple plans to allow third-party app stores and other changes on iOS and iPadOS in the EU, spurred by EU requirements coming in 2024 — Apple Inc. is preparing to allow alternative app stores on its iPhones and iPads, part of a sweeping overhaul aimed at complying with strict European Union requirements coming in 2024.| Melissa Heikkilä / MIT Technology Review: |
A reporter tries Lensa, but unlike her male peers whose avatars were astronauts, warriors, and the like, many of hers were “pornified”, with 16 of 100 topless — When I tried the new viral AI avatar app Lensa, I was hoping to get results similar to some of my colleagues at MIT Technology Review.| Stephanie Murray / The Block: |
John Ray III tells the US House that FTX's bankruptcy is “paperless” due to an “unprecedented” lack of documentation, FTX and Alameda are not distinct, and more — - New FTX CEO John Ray III said top executives at FTX had “free rein” over the company's many entities.| Reuters: |
China files a trade dispute at the WTO against the US over its chip export controls, arguing the curbs threaten the stability of global industrial supply chains — China has launched a trade dispute at the World Trade Organization against the United States over its chip export control measures, China's commerce ministry said.| Cat Zakrzewski / Washington Post: |
Email: Twitter dissolves its Trust and Safety Council, saying it isn't “the best structure” for “external insights into our product and policy development work” — Meanwhile, a former top Twitter official fled his home amid attacks following Musk tweets| Cordilia James / Wall Street Journal: |
Instagram rolls out Notes, a friend-focused status updates feature that appear atop the inbox, and begins testing BeReal-like Candid Stories in South Africa — With fresh ways to connect with friends, is Instagram trying to be Instagram again? — Polished is out and authentic … | Beatrice Peterson / ABC News: |
Meta plans to share its free, open-source Hasher Matcher Actioner moderation tool, which helps platforms identify terrorist or human trafficking content — It said it will help prevent the spread of violent images on the internet. — Meta, formerly named Facebook, said it's opening … | Urvi Dugar / Reuters: |
Elon Musk says Twitter Blue subscribers will see half the number of ads as non-subscribers and that the company plans to offer a higher tier with no ads in 2023 — Twitter owner Elon Musk tweeted on Monday that Twitter's Basic blue tick will have half the number of advertisements … | Emma Roth / The Verge: |
DoNotPay announces an AI-powered chatbot that can renegotiate bills and cancel subscriptions by chatting to customer service, rolling out in the coming weeks — DoNotPay, the company that bills itself as “the world's first robot lawyer,” is launching a new AI-powered chatbot that can help … | Ivan Mehta / TechCrunch: |
Apple releases iOS 16.2, iPadOS 16.2, and macOS 13.1, with improved iCloud data encryption, AirDrop limitations, and a karaoke-like feature for Apple Music — Apple is rolling out its iOS 16.2 update for all users today along with iPadOS 16.2 and macOS Ventura 13.1.| Sarah Perez / TechCrunch: |
Sensor Tower: Lensa tops the US App Store with 3.6M installs in December so far, out of 12.6M global installs by December 11, up 600% from November 20 to 30 — Lensa AI's popularity has had a notable impact on the App Store's Top Charts. The popular photo and video editing app recently went viral … | Wall Street Journal: |
The EU publishes a draft approval of its preliminary US data sharing deal, struck in March to ease business sharing, after the US promised surveillance changes — Brussels gives tentative approval as part of pending deal to allow companies to transfer European data across the Atlantic| Platformer: |
Sources: on December 11, Twitter briefly blocked traffic from ~30 mobile carriers mainly in the Asia-Pacific region as part of an attempt to rid Twitter of spam — PLUS: Why it's time to start leaving Twitter behind — On Sunday, Elon Musk tweeted a vague warning: “the bots are in for a surprise tomorrow.”| Ben Thompson / Stratechery: |
A brief history of the 40-year-old video game industry, the rise of Nintendo, the dominance of Sony, and what Microsoft's Activision deal means for competition — The first video game was a 1952 research product called OXO — tic-tac-toe played on a computer the size of a large room:| Andy Greenberg / Wired: |
Forensic analysis: hackers planted files on three Indian activists and likely colluded with the police, yet 11 of 16 activists in the related case remain jailed — And new evidence suggests those hackers may have collaborated with the police who investigated him.| Kyle Wiggers / TechCrunch: |
Ngrok, which helps devs deploy sites, services, and apps, raised a $50M Series A led by Lightspeed, says ~5M devs use the service and ~30K are paying customers — Ask Alan Shreve why he founded Ngrok, a service that helps developers share sites and apps running on their local machines or servers …
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