Techmeme
December 19, 2022, 5:35 PM

Top News

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 …
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 …
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.; …
Tweets: @matt_levine
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
Claire Boston / Bloomberg:
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.
Casey Wagner / Blockworks:
Joanna Ossinger / Bloomberg:
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 …
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

Sponsor Posts

Google:
Reimagine your photos with a prompt  —  Our new native image generation and editing is state-of-the-art, and ranked #1 in the world.  Try it for free in the Gemini app.
F5:
Securing AI models and agents in the enterprise  —  The new AI stack creates a highly dynamic attack surface, and traditional controls aren't keeping up.  F5's recent acquisition will bring advanced AI guardrails to enterprise apps.
Zoho:
Uncover what's new in Zoho Solo with iOS 26 and iPadOS 26  —  It's that time of the year again when we get to bring you exciting new updates in Zoho Solo, all built to complement the latest from Apple.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
How WordPress Became a Web Giant | Automattic Founder and CEO Matt Mullenweg
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
From managing people to managing AI: The leadership skills everyone needs now | Julie Zhuo (Facebook VP, Sundial CEO, The Making of a Manager author)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
How We Use ChatGPT, Meta's New AI Glasses, Can Jimmy Kimmel Be Canceled?
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Charlie Kirk and Online Rage + Inside Trump's Chip Flip + This Week in A.I.
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Channels with Peter Kafka:
I tried Zuckerberg's $800 Ray-Bans. Are they the future? With Alex Heath
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:35 PM ET, December 19, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Bloomberg: