| Washington Post: |
Elon Musk's poll asking “should I step down as head of Twitter?” ends with 57.5% voting yes, after Musk says Twitter polls will determine “major policy changes” — After a new policy prompted backlash, Twitter CEO Elon Musk said future policies would be determined by polls| Brian Fung / CNN: |
Twitter deletes @TwitterSupport's thread and a policy webpage detailing its controversial new policy to ban accounts for promoting other social media platforms — Twitter deleted its controversial new policy on Sunday evening that had banned links to certain other social media platforms … | Matt Levine / Bloomberg: |
Analysis of Elon Musk's reported attempts to raise more money for Twitter via an equity sale at an absurd price, why his successor will be unpopular, and more — Oh Elon — Imagine taking the job! Yesterday Elon Musk tweeted a poll asking if he should step down as “head” of Twitter Inc.; … | Dan Primack / Axios: |
Sources: some Twitter investors were told Elon Musk would step down after three to six months and are divided on his decisions; any new CEO would report to Musk — Twitter's investors have divided into two camps: copacetic and apoplectic. … But investors were told that a transition … | Twitter Safety: |
| Emma Roth / The Verge: |
| Wall Street Journal: |
Epic Games agrees to pay the FTC $520M to resolve two complaints over allegedly violating COPPA and tricking users into making unintended purchases in Fortnite — The agency alleged that the company invaded children's privacy and tricked players of all ages into making unintended purchases| Reuters: |
Analysis of Binance filings in 14 jurisdictions: the exchange has opaque operations, does not disclose where Binance.com is based, offers little data, and more — The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token.| Joanna Ossinger / Bloomberg: |
| Claire Boston / Bloomberg: |
Binance.US plans to acquire Voyager Digital's assets in a deal worth $1.022B, beating other bids and subject to bankruptcy court approval at a January 5 hearing — Binance.US will buy Voyager Digital's assets out of bankruptcy in a deal worth $1.022 billion.| Rosie Perper / CoinDesk: |
Yuga Labs, which develops the BAYC NFTs, names former Activision Blizzard President and COO Daniel Alegre as CEO, starting in H1 2023 and replacing Nicole Muniz — The Bored Ape parent company said Alegre's previous gaming experience will help advance the brand's Otherside metaverse and propel … | Kurt Wagner / Bloomberg: |
Meta CTO Andrew Bosworth says the company plans to devote ~20% of its costs and expenses to Reality Labs in 2023, up from 18% in Q3 2022; META is down ~66% YTD — Facebook parent company Meta Platforms Inc. will continue to devote about 20% of its overall costs and expenses to Reality Labs in 2023 … | Wall Street Journal: |
A profile of OpenAI, which raised $1B from Microsoft after Sam Altman demoed an AI model to Satya Nadella in 2019, as some doubt its path to meaningful revenue — Behind ChatGPT and other AI breakthroughs was Sam Altman's fundraising—but skeptics remain — ChatGPT, the artificial … | Stephanie Bodoni / Bloomberg: |
The European Commission sends Meta a statement of objections for alleged antitrust breaches over tying Marketplace to Facebook and imposing unfair trading terms — Meta Platforms Inc. was hit with a complaint from European Union antitrust watchdogs over concerns it's unfairly squeezing … | Vicky Ge Huang / Wall Street Journal: |
Investor letter: Grayscale CEO Michael Sonnenshein details options if its Grayscale Bitcoin Trust's ETF plans fail, including a tender for outstanding shares — Michael Sonnenshein attempts to assuage fears of Grayscale Bitcoin Trust investors after collapse of FTX
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