Techmeme
December 14, 2022, 7:50 PM

Top News

Bloomberg:
Twitter suspends ~30 accounts that shared the locations of private jets from public data; @ElonJet, a bot tracking Musk's jet, is back up after a brief ban  —  Twitter Inc. has suspended multiple accounts that track the locations of private jets using publicly available flight data …
Ryan Mac / New York Times:
Twitter updates its private information and media policy with new rules, including the suspension of accounts “dedicated to sharing someone's live location”  —  The suspended accounts include one that followed the private plane of Elon Musk, Twitter's owner.
Kat Tenbarge / NBC News:
The SEC charges eight influencers with securities fraud, allegedly using Twitter and Discord to manipulate stocks since at least January 2020 in a ~$100M scheme  —  The Securities and Exchange Commission has charged eight influencers with securities fraud, the agency said Wednesday.
Jay Peters / The Verge:
Tesla rolls out an update, adding support for Steam on 2022 Model S and Model X vehicles or newer with 16GB of RAM, Apple Music, upgraded Light Show, and more  —  Tesla's new “Holiday Update” adds a few long-awaited new features, including the ability to play games from Steam in your car and support for Apple Music.
Jamie Crawley / CoinDesk:
US Senators Elizabeth Warren (D) and Roger Marshall (R) introduce the Digital Asset Anti-Money Laundering Act, including KYC requirements for wallets and miners  —  The proposal will bring know-your-customer rules to crypto participants such as wallet providers and miners.
Matt Levine / Bloomberg:
The SEC sees SBF's “carelessness” argument, after misrepresenting risk management and funneling customer money to Alameda, as a confession, not a fraud defense  —  Oh Sam  —  I.  —  Here is how you run a futures exchange:  — You offer some bets on some propositions, say, whether Bitcoin will go up or down.
Bloomberg:
Interviews with dozens of Elon Musk's former employees and partners portray his Twitter as a Shakespearean psychodrama, resulting in something close to disaster  —  It was Day 5 of Elon Musk's riveting, rambunctious takeover of Twitter Inc. The owner and self-proclaimed Chief Twit had spent …
Igor Bonifacic / Engadget:
Twitter plans to shut down its newsletter platform Revue and delete all related data on January 18, 2023, after acquiring the company in January 2021  —  One day after Jack Dorsey took to Revue to share his thoughts on the Twitter Files, the company announced it would shut down the newsletter platform early next year.
Meghan Bobrowsky / Wall Street Journal:
As Tesla's stock drops ~60% in 2022, on pace for its worst year on record, investors criticize Elon Musk's involvement in Twitter and his lack of focus on Tesla  —  Supporters of Tesla and Musk are asking questions about who is running the electric-vehicle maker
Bloomberg:
Memo: Changpeng Zhao warns Binance staff to expect a “bumpy” several months but that the exchange “will survive any crypto winter”, after huge user withdrawals  —  Binance Holdings Ltd. Chief Executive Officer Changpeng Zhao warned his colleagues to expect tough months ahead …
Financial Times:
Sources: Arm concludes Alibaba and other Chinese companies can't buy its high-performance Neoverse V chip tech as the US and the UK would not approve its export  —  Alibaba among groups unable to purchase top designs  —  Alibaba, the Chinese tech giant, cannot buy some of the most advanced chip designs …
Wall Street Journal:
Tether plans to stop secured loans issued and denominated in its tether stablecoin at some point in 2023, after WSJ reported on the potentially risky practice  —  The rapid growth of Tether's lending program raised concerns about its ability to meet redemptions in a crisis  —  Created with sketchtool.
Bloomberg:
Despite pledges, FEC filings show AT&T, Amazon, Intel, Comcast, and others quietly restarted donations to Republican election deniers ahead of the 2022 midterms  —  Some of the biggest technology and telecom companies jettisoned pledges made in the wake of the US Capitol assault …
Cat Zakrzewski / Washington Post:
A tech industry group including Google and Meta sues to block California's Age-Appropriate Design Code Act, saying it would result in content “over-moderation”  —  It's the latest legal salvo over the future of social media regulation, an issue that has been appealed to the Supreme Court.
Reuters:
An investigation outlines the global supply chain that continues to feed Russia with Western components and electronics, including from Intel, AMD, and Infineon  —  In March this year, a new firm appeared in Turkey's corporate registry.  Azu International Ltd Sti described itself …

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More News

Sarah Krouse / Wall Street Journal:
Bill Allison / Bloomberg:

Earlier Picks

Naomi Nix / Washington Post:
Jack Dorsey: