December 21, 2022, 7:55 PM

Top News

Sam Bankman-Fried is set to fly to the US on Wednesday night to face criminal charges after a Bahamas judge approved his extradition  —  Sam Bankman-Fried is on his way to an airport to be flown to the US to face a litany of criminal charges after a Bahamas judge approved his extradition.
New York Times:
Sources: Sam Bankman-Fried's legal team is discussing a US DOJ deal that would let him be released on bail after his extradition, subject to a judge's approval  —  Lawyers for the FTX founder are in talks about a deal that could allow him to be released on bail when he is extradited to the United States on fraud charges.
Juli Clover / MacRumors:
Kuo: Apple plans to postpone mass production or cancel the iPhone SE 4, set to launch in 2024, due to lower-than-expected middle- and lower-end iPhone shipments  —  Apple will cancel or postpone mass production for the planned 2024 iPhone SE 4, Apple analyst Ming-Chi Kuo said today in a series of tweets.
Ax Sharma / BleepingComputer:
Okta tells customers that hackers breached its GitHub repositories in December and stole its source code but that they did not access service or customer data  —  Okta, a leading provider of authentication services and Identity and Access Management (IAM) solutions, says that its private …
Hannah Murphy / Financial Times:
Elon Musk says he now thinks Twitter will “be okay next year” and would have faced a “negative cash flow situation of $3B a year” without his cost cutting  —  Social network's owner offers snapshot of dire finances to explain huge lay-offs since $44bn takeover
David Ignatius / Washington Post:
A look at the intelligence and battle management system, built around software developed by Palantir, that has given Ukraine a high-tech edge in Russia's war  —  First of two parts.  Read Part 2.  —  KYIV, Ukraine — Two Ukrainian military officers peer at a laptop computer operated …
Austin-based crypto miner Core Scientific files for Chapter 11 bankruptcy in Texas, estimating liabilities and assets at $1B-$10B and creditors at 1,000-5,000  —  The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.
Todd Spangler / Variety:
Deep Voodoo, founded by South Park creators Trey Parker and Matt Stone to develop deepfake technology and cost-effective visual effects, raised $20M  —  The creators of “South Park” have secured a $20 million investment for their AI entertainment startup Deep Voodoo.
Tonya Riley / CyberScoop:
The FCC proposes a record-breaking ~$300M fine against an auto warranty scam robocall campaign that made 5.1B+ calls to 550M+ US phone numbers in Q1 2021  —  The Federal Communications Commission on Wednesday proposed a record-breaking $300 million fine against an auto warranty robocall campaign …
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.
Brian Fung / CNN:

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