Techmeme
December 22, 2022, 11:05 AM

Top News

U.S. Securities and Exchange Commission:
The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role in defrauding FTX's investors at SBF's direction between 2019 and 2022  —  The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) …
More: U.S. Securities and Exchange Commission, CFTC, Insider, Metaverse Post, CoinDesk, PYMNTS.com, TheStreet, Insider, Blockworks, The Register, Mercury News, The Guardian, crypto.news, CryptoPotato, Engadget, The Block, Bloomberg, ABC News, Coinspeaker, Bitcoinist.com, CoinGeek, South China Morning Post, CoinGape, International Business Times, Crowdfund Insider, Cryptopolitan, Cointelegraph, and Crypto Blurt
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
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.
Wall Street Journal:
YouTube acquires NFL Sunday Ticket residential rights for seven years, starting in 2023, sources say for ~$2B per year; DirecTV reportedly currently pays $1.5B  —  Video streamer to pay annual fee of roughly $2 billion under seven-year deal  —  Created with sketchtool.
Brayden Lindrea / Cointelegraph:
Twitter rolls out $Cashtags, offering stock, ETF, and crypto prices within search results using data from TradingView, along with a View on Robinhood link  —  Twitter searches for “$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 …
Chris Stokel-Walker / Nature:
How Twitter played a major role in research and science communication, especially during the pandemic, as researchers and scientists leave the service  —  In November, Vince Knight decided he'd had enough of Twitter.  After more than a decade on the social-media platform, Knight …
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?
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 …
Bloomberg:
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 …

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Financial Times:

Earlier Picks

Tonya Riley / CyberScoop:
Hannah Murphy / Financial Times:
Ax Sharma / BleepingComputer: