| 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| Washington Post: |
| Tracy Wang / CoinDesk: |
| Sara Fischer / Axios: |
| Ivan Mehta / TechCrunch: |
Twitter pilots Blue for Business with select accounts, helping companies identify brands and key employees via badges, 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.| 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” — Elon Musk is looking for a new chief executive officer for Twitter Inc., according to a person familiar with the search … | Alex Stamos / @alex@cybervillains.com: |
Elon Musk is amplifying false claims the FBI “paid Twitter millions” to “censor info from the public”; law enforcement reimburses companies for data requests — This claim is false. Law enforcement has the ability to get stored communications from companies like Twitter under 18 USC 2703(d).| Thomas Brewster / Forbes: |
The DEA finds a Mexico-based methamphetamine and cocaine gang operating across the US, Mexico, Europe, and Australia used Binance to launder $15M to $40M — A methamphetamine and cocaine gang operating across the U.S., Mexico, Europe and Australia used the world's biggest cryptocurrency exchange Binance … | Wall Street Journal: |
As US lawmakers considered adding antitrust bills to the omnibus spending package, tech trade group CCIA, Meta, Amazon, and more ramped up opposition to 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| Aisha Malik / TechCrunch: |
TikTok begins telling users why a video was recommended in the For You feed, such as previous interactions or followed accounts — TikTok is launching a new feature that allows users to see why a particular video was recommended to them in their For You feed, the company announced on Tuesday.| 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 — Amazon.com Inc. has agreed to settle two European Union antitrust cases related to allegations about its treatment of third-party sellers … | Kyle Wiggers / TechCrunch: |
OpenAI releases Point-E, an open-source ML system that generates and displays 3D objects from a text prompt in one to two minutes on a single Nvidia V100 GPU — The next breakthrough to take the AI world by storm might be 3D model generators. This week, OpenAI open-sourced Point-E … | Nikhilesh De / CoinDesk: |
Over 100 BTC claimed to be inaccessible was moved out of cold wallets tied to QuadrigaCX, the exchange that went bankrupt in 2019 after its CEO allegedly died — More than 100 BTC tied to QuadrigaCX moved out of cold storage wallets over the weekend. Quadriga's bankruptcy trustee … | Jay Peters / The Verge: |
Mastodon CEO Eugen Rochko says the social network reached 2.5M MAUs in November, up from around 300,000 in October, as Twitter users flee the service — Mastodon, a decentralized social media platform that many are turning to as a Twitter alternative, saw its userbase skyrocket … | 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 … | Sergiu Gatlan / BleepingComputer: |
Apple fixes a macOS vulnerability, reported by Microsoft, that let attackers bypass Gatekeeper, a feature that checks if apps are notarized and developer-signed — Apple has fixed a vulnerability attackers could leverage to deploy malware on vulnerable macOS devices via untrusted applications capable … | Rolfe Winkler / Wall Street Journal: |
BetterHelp, Cerebral, and other digital mental health companies are failing to offer quality care due to unprofessional therapists, a pressure to grow, and more — Heavy advertising and other strategies from Silicon Valley's playbook boost providers' growth but not the quality of care| Jeff Kauflin / Forbes: |
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX's implosion and a $160M hack, as revenues dramatically decline in 2022 — By deftly navigating crypto's frontier markets and winning big on the collapse of Terra's stable coin, Wintermute has grown … | Norman Harsono / Bloomberg: |
Changpeng Zhao confirms Binance acquired the remaining 49% stake in Indonesian crypto exchange Tokocrypto; the unit will cut 58% of jobs and replace its CEO — Binance Holdings Ltd.'s Indonesian unit is cutting jobs and replacing its top executive after the parent company took nearly full control over it.| Sara Fischer / Axios: |
Insider Intelligence: Google will capture 28.8% of US digital ad revenue in 2022 and Meta will get 19.6%, for a combined 48.4%, down from a 54.7% peak in 2017 — Google and Meta, known together in the ad industry as the “duopoly,” are expected to bring in less than half of all U.S. digital advertising … | Viola Zhou / Rest of World: |
Sources: Foxconn workers in Zhengzhou say they got COVID-19 at the plant in December and some were asked to keep working; one said he was dissuaded from testing — Sick workers say they're being asked to stay on the assembly line as Foxconn ramps up iPhone 14 Pro production.| Tabby Kinder / Financial Times: |
A drop in VC deals and a slow IPO market are pushing tech startups to debt-based options; Preqin shows new VC deals fell 42% YoY to $286B in January to November — Tech founders seek creative financing solutions to sustain their businesses as venture capital dries up| Sarah Krouse / Wall Street Journal: |
Antenna: 9% of Netflix's US sign-ups in November were for its ad tier; 57% of subscribers to the plan were re-joining or new signups, while 43% downgraded — Streaming giant's ad-backed plan accounted for 9% of new signups in the U.S. in November, according to subscription-analytics firm Antenna
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| New York Times: |