| Washington Post: |
The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond — Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors| U.S. Securities and Exchange Commission: |
| Bloomberg: |
Sam Bankman-Fried lands in the US to face criminal charges after being taken into custody on December 21, following extradition approval by a Bahamas judge — 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.| Brayden Lindrea / Cointelegraph: |
Twitter rolls out $Cashtags, offering stock, ETF, and crypto prices within search results using data from TradingView and adds a View on Robinhood link — Twitter searches for “$Bitcoin,” “Bitcoin price” and “BTC price” pulls up a price chart, with equivalent searches working for Ethereum too.| Mike Masnick / Techdirt: |
Mastodon, nostr, and other decentralized social networks are having a moment, despite some complexity, propelled by the apparent decline of Twitter and Meta — So, it's been quite a year for legacy, centralized social media — and all without any really big change to the laws that govern it … | Bill Toulas / BleepingComputer: |
Reports: an Android malware called Godfather is using overlaid login screens to get users' credentials on 400+ banking apps and crypto exchanges in 16 countries — An Android banking malware named ‘Godfather’ has been targeting users in 16 countries, attempting to steal account credentials … | New York Times: |
Sources: OpenAI releasing ChatGPT led Google to declare a “code red”, including reassigning teams to respond to the threat ChatGPT poses to its search business — A new wave of chat bots like ChatGPT use artificial intelligence that could reinvent or even replace the traditional internet search engine.| Alex W. Palmer / New York Times: |
How ByteDance and TikTok, which owe their existence to intermingled Western and Chinese ideas, capital, and people, became entangled in the US-China rift — A Chinese app conquered the planet — and now the U.S. is threatening to shut it down. Can the world's biggest virality machine survive?| ProPublica: |
Google's Display Network, which places ads on 2M+ websites, lets site owners stay anonymous while putting ads beside pirated content, porn, and disinformation — In late 2021, the right-wing site Conservative Beaver published a story falsely claiming the FBI had arrested Pfizer's CEO for fraud.| Wall Street Journal: |
Sources detail steps Netflix may take to reduce US password sharing, like charging account owners an extra sharing fee at just below the $6.99 ad-supported tier — Putting a stop to the practice without alienating customers will be a challenge — The end of password sharing is coming to Netflix soon … | Bloomberg: |
Sources: at a town hall, Tencent CEO Pony Ma ranted for 10 minutes about staff laziness, graft, “superficial” reforms, Tencent's aging social network, and more — Many multinational CEOs like to close out the year with a message of congratulations.| Rebecca Bellan / TechCrunch: |
TuSimple confirms plans to lay off 25% of its workforce, or an estimated 350 workers, following a rough year for the self-driving trucking company — Update: CEO Cheng Lu said laid off workers will remain on the payroll for two months and will receive severance. — Well, we knew it was coming.| Financial Times: |
Sources: Alphabet, Meta, and Salesforce are seeking to abandon leased office space in London and Dublin; Amazon and Microsoft put London expansion plans on hold — Moves by Alphabet, Meta and Salesforce come as companies respond to downturn in sector's stocks by cutting costs
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| BreAnna Bell / Variety: |
| Ian King / Bloomberg: |
| Tonya Riley / CyberScoop: |
| Sean Lyngaas / CNN: |
| Hannah Murphy / Financial Times: |
| Juli Clover / MacRumors: |
| Ax Sharma / BleepingComputer: |