December 15, 2022, 10:35 AM

Top News

Ryan Mac / New York Times:
Twitter updates its private information and media policy with new rules, including suspending accounts “dedicated to sharing someone else's live location”  —  The suspended accounts include one that followed the private plane of Elon Musk, Twitter's owner.
Twitter suspends ~30 accounts sharing private jets' locations via public data, including @ElonJet, which Elon Musk had said he wouldn't ban for tracking his jet  —  Twitter Inc. has suspended multiple accounts that track the locations of private jets using publicly available flight data …
Financial Times:
Court filing: FTX Digital Markets co-CEO Ryan Salame told The Bahamas' securities commission on November 9 that customer funds were used to cover Alameda losses  —  FTX executive told securities regulator crypto exchange was likely funnelling cash to Alameda trading firm
Internal FTX documentation shows a GitHub account bearing the name of engineering director Nishad Singh authored code to hide Alameda's ballooning liabilities  —  A GitHub account bearing the name of former FTX executive Nishad Singh authored code that hid Alameda Research's ballooning liabilities …
Dave Lee / Financial Times:
William Turton / Bloomberg:
The US DOJ seized 48 websites and charged six people for allegedly running “booter” DDoS-for-hire services used to launch millions of attacks globally  —  The US seized dozens of internet domains and charged six people in a sting intended to bring down a network of cyberattack-for-hire services …
Analysis of weekly realized gains and losses of all personal crypto wallets in 2022: UST's collapse caused $20.5B in losses, Celsius and 3AC $33B, and FTX $9B  —  Allow us to state the obvious: There's been a lot of doom and gloom in conversations around cryptocurrency over the last month.
Paul J. Davies / Bloomberg:
Simon Sharwood / The Register:
Microsoft quietly updates its TOS to prohibit crypto mining on Azure and other services without “prior written approval”, citing “disruption or even impairment”  —  Windows giant fears coin crafting may upend its servers  —  UPDATED Microsoft has quietly banned cryptocurrency mining …
Debby Wu / Bloomberg:
Foxconn begins easing most restrictions at its Zhengzhou plant, including those on workers' daily movements, as China rolls back its COVID-19 rules  —  Foxconn Technology Group, which assembles most iPhones for Apple Inc., is easing most of its anti-Covid restrictions at its factory in Zhengzhou …
Keith Zhai / Wall Street Journal:
Al Weaver / The Hill:
The US Senate unanimously passed the No TikTok on Government Devices Act over security concerns related to the app, after 13 states imposed similar bans  —  The Senate on Wednesday unanimously approved legislation that would ban the use of TikTok on government phones and devices as part …
Zack Beauchamp / Vox:
A look at The Managerial Revolution, a 1941 book that predicted the rise of the “managerial class” over capitalists and may help explain Elon Musk's Twitter  —  The long shadow of James Burnham's The Managerial Revolution.  —  Since the launch of the so-called “Twitter Files” …
Paresh Dave / Reuters:
The US sentences former Twitter employee Ahmad Abouammo to 3.5 years, after he was found guilty of spying for Saudi Arabia by sharing user data in August 2022  —  A former Twitter Inc manager convicted of spying for Saudi Arabia was sentenced to 3-1/2 years in U.S. prison, prosecutors said on Wednesday.
MK Manoylov / The Block:
Binance spokesperson Patrick Hillmann claims Changpeng Zhao has traveled to the US without publicizing it, after rumors that he could face legal difficulties  —  - Binance's Chief Strategy Officer and company spokesperson Patrick Hillmann said that CEO Changpeng “CZ” Zhao has been in the U.S. …

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