December 20, 2022, 8:05 AM

Top News

Washington Post:
Source: Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges like conspiracy, fraud, and money laundering  —  Former crypto CEO's decision could expedite the criminal and civil cases against him  —  NASSAU, Bahamas …
Joshua Oliver / Financial Times:
FTX plans to recoup political donations by Sam Bankman-Fried and his associates, estimated at $70M+ in the 2021-2022 election cycle, to help repay creditors  —  Crypto group's new management says if funds are not returned voluntarily it will pursue recipients in court
Tracy Wang / CoinDesk:
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
Vlad Savov / Bloomberg:
Replying to a tweet suggesting voting on Twitter policy decisions should be restricted to Blue subscribers, Elon Musk says “Twitter will make that change”  —  Twitter Inc. will restrict voting on major policy decisions to paying Twitter Blue subscribers, company owner Elon Musk …
Matt Levine / Bloomberg:
Ivan Mehta / TechCrunch:
Twitter pilots Blue for Business with select businesses, helping companies identify employees via an additional badge, but doesn't share other perks and pricing  —  Twitter launched “Blue for Business” last week alongside relaunching Twitter Blue.  At that time, the social network had assigned a gold checkmark to businesses.
Sam Schechner / Wall Street Journal:
Amazon agrees to settle two EU antitrust cases related to third-party sellers on its platform, won't pay a fine, and will adhere to commitments for seven years  — Inc. has agreed to settle two European Union antitrust cases related to allegations about its treatment of third-party sellers …
Wall Street Journal:
As US lawmakers consider adding antitrust bills to the omnibus spending package, tech trade group CCIA, Meta, Amazon, and others ramp up spending to oppose them  —  Industry has spent more than $100 million to fight antitrust measures and other bills in Congress  —  How Apple's iPhone and Apps Trap You in a Walled Garden
Nikhilesh De / CoinDesk:
Over 100 BTC was moved out of cold wallets tied to QuadrigaCX, the exchange bankrupted in 2019 after its CEO allegedly died; trustee EY lost access to the BTC  —  More than 100 BTC tied to QuadrigaCX moved out of cold storage wallets over the weekend.  Quadriga's bankruptcy trustee …
New York Times:
An analysis shows how Chinese-language bots on Twitter drowned out tweets about protests over China's zero-COVID-19 policy, as people sought to evade censors  —  Twitter and its new owner, Elon Musk, have recently vowed to crack down on bots.  But the flood of spam for Chinese users …
Cheng Ting-Fang / Nikkei Asia:
Sources: in a first, Apple plans to move some MacBook production to Vietnam in 2023, asking Foxconn to begin as early as May, to further diversify from China  —  iPhone maker aims to have ‘out of China’ production alternatives for key products  —  TAIPEI — Apple plans to move …
Emma Roth / The Verge:
Elon Musk apologizes and Twitter backtracks after planning to remove tweets and accounts promoting their presence on Facebook, Instagram, Mastodon, and others  —  Twitter will no longer allow users to promote their presence on certain social platforms, including Facebook, Instagram, Mastodon, Truth Social, Tribel, Nostr, and Post.

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