Techmeme
December 15, 2022, 11:35 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.
Bloomberg:
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
Bloomberg:
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:
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 …
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 …
Chainalysis:
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:
Taryn Plumb / VentureBeat:
Amazon Web Services, Meta, Microsoft, TomTom, and the Linux Foundation launch the Overture Maps Foundation, aiming to build interoperable, open-source map data  —  Think about it: Maps are fundamental to human evolution, exploration, innovation.  —  Since the first maps were drawn up in the 5th …
Keith Zhai / Wall Street Journal:
Sources: hoping to boost the economy, Chinese officials begin reassessing tech policies and plan to close long-running investigations against internet companies  —  Senior officials are setting a robust GDP growth target of more than 5% for next year as they loosen Covid rules and de-emphasize ideology
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” …
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 …
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. …
Financial Times:
The US Commerce Department puts 36 Chinese companies on its entity list, including chipmaker Yangtze Memory Technologies and AI chipmaker Cambricon  —  ‘Entity list’ changes are focused on limiting development of advanced chips in China  —  The US has placed three dozen Chinese companies …
Benedict Evans:
ChatGPT and other generative ML systems represent a step change in AI use cases, prompting questions on content for pattern generation and tolerances for error  —  A decade or so ago, systems based on something called ‘machine learning’ started producing really good results in Imagenet, a contest for computer vision researchers.

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Marco Quiroz-Gutierrez / Fortune:
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Earlier Picks

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Marco Quiroz-Gutierrez / Fortune: