December 21, 2022, 4:20 AM

Top News

Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges including conspiracy, fraud, and money laundering  —  - Sam Bankman-Fried is set to fly to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.
Sara Fischer / Axios:
Joshua Oliver / Financial Times:
Elon Musk / @elonmusk:
Elon Musk says he plans to resign as CEO when he finds someone “foolish enough to take the job”, after which he plans to run the “software and servers teams”  —  I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams.
Brian Fung / CNN:
SEC deposition: Mark Zuckerberg considered disclosing in 2017 that Facebook was investigating “organizations like Cambridge Analytica”, but advisers said not to  —  Mark Zuckerberg considered disclosing in 2017 that Facebook (FB) was investigating “organizations like Cambridge Analytica” …
New York Times:
Mark Zuckerberg testified in US federal court about Meta's acquisition of Within, as the FTC seeks an injunction to stop the deal, in a highly unusual challenge  —  Meta's chief executive made a rare court appearance as the Federal Trade Commission tries to block his company's purchase of the virtual reality start-up Within.
Lee Fang / The Intercept:
Internal documents: from at least 2017, Twitter helped the Pentagon in its covert online foreign propaganda campaigns including by whitelisting CENTCOM accounts  —  Twitter executives have claimed for years that the company makes concerted efforts to detect and thwart government-backed covert propaganda campaigns on its platform.
Alex Stamos /
Elon Musk amplifies false claims that 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).
Wall Street Journal:
Sources: the NFL is in advanced talks to give YouTube exclusive Sunday Ticket rights; a deal could be reached as early as December 21 after an NFL owner meeting  —  DirecTV currently pays for rights to subscription package that allows football fans to watch most Sunday afternoon games
MacKenzie Sigalos / CNBC:
Source: US crypto miner Core Scientific plans to file for Chapter 11 bankruptcy on December 22; Core's market cap is down ~98% to $78M from $4.3B in July 2021  —  - Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy.
Micah Lee / The Intercept:
Donie O'Sullivan, Drew Harwell, and other journalists remain locked out of their Twitter accounts despite lifted suspensions, until they delete a specific tweet  —  I've been writing critically about billionaire Elon Musk since he took over Twitter — particularly about his “free speech” …
Kyle Wiggers / TechCrunch:
OpenAI open sources Point-E, a machine learning system that generates and displays a 3D object from a text prompt in one to two minutes on an 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 …
James Reddick / The Record:
US prosecutors say two men conspired with Russian hackers to tamper with JFK airport's taxi queuing software, allegedly letting drivers cut the line for a fee  —  Two Queens men have been arrested and are facing up to 10 years in prison on charges that they conspired with Russian hackers …
Sara Fischer / Axios:
Insider Intelligence: Google will capture 28.8% of US digital ad revenue in 2022 and Meta will grab 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 …
Daniel Lanyon / AltFi:
Dealroom: the UK's tech sector hit a combined $1T market valuation in 2022, doubling since 2019, compared to Germany's $467.2B and France's $307.5B  —  According to a report from Dealroom and the UK government, the UK has more high-growth companies than European peers includin 144 ‘unicorns’ and over 85,000 startups and scale-ups.
More: GOV.UK and
Vibhuti Sharma / DealStreetAsia:
Bengaluru-based BetterPlace, which offers a SaaS for blue-collar workforce management, raised a $40M Series C extension, bringing its total funding to $90M+  —  BetterPlace, a SaaS platform for workforce management, said on Tuesday that it has raised $40 million as part of an extended Series C round …

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This is a Techmeme archive page. It shows how the site appeared at 4:20 AM ET, December 21, 2022.

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Washington Post:
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Jay Peters / The Verge:
Ivan Mehta / TechCrunch: