| Washington Post: |
Elon Musk's poll, asking “Should I step down as head of Twitter?”, ends with 57.5% voting yes, after Musk said Twitter polls will decide “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 new policy to prevent accounts from 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; a 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 breaking kids' online privacy rules and tricking users into unintended purchases — The agency alleged that the company invaded children's privacy and tricked players of all ages into making unintended purchases| Claire Boston / Bloomberg: |
Binance.US agrees to acquire Voyager Digital's assets out of bankruptcy in a deal worth $1.022B, subject to approval at a hearing on January 5 — Binance.US will buy Voyager Digital's assets out of bankruptcy in a deal worth $1.022 billion. — Voyager selected Binance.US as the highest … | Reuters: |
Analysis: Binance's filings in 14 jurisdictions show its operations are mostly opaque, do not disclose where Binance.com is based, offer 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: |
| 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 … | Rosie Perper / CoinDesk: |
Yuga Labs names former Activision Blizzard president and COO Daniel Alegre as CEO, starting in H1 2023 and replacing Nicole Muniz; Yuga develops the BAYC NFTs — The Bored Ape parent company said Alegre's previous gaming experience will help advance the brand's Otherside metaverse and propel … | 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 … | 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 … | 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| Associated Press: |
| Tanya Basu / MIT Technology Review: |
Horizon Worlds' Notorious B.I.G. concert had a remarkably realistic late Biggie Smalls with Hyperreal's help but raises ethical questions about VR resurrection — An avatar of the singer, who died in 1997, performed with live rappers on Meta's Horizon Worlds. — For a moment on Friday, Biggie Smalls was the only man on stage.
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| Stephen Witt / New Yorker: |