December 22, 2022, 5:00 PM

Top News

Sam Bankman-Fried appears in NY federal court charged with wire fraud and other crimes; a judge grants a $250M bail confining him to his parents' Palo Alto home  —  Sam Bankman-Fried will be released on a $250 million bond package while he awaits trial on fraud charges related to the collapse …
More: CNBC, Blockworks, New York Times, Wall Street Journal, Bloomberg, Daily Mail, Gizmodo, Associated Press, Associated Press, The Information, Los Angeles Times, New York Post, CoinDesk, Decrypt, New York Post, Cointelegraph,, SlashGear, Wccftech, Ethereum World News, All that has been hidden …, Matthew Russell Lee's …, Amy Castor, CryptoPotato, Washington Post, CryptoSlate, Semafor, Axios, NBC News, Financial Times, Bloomberg, CNN, BBC, The Guardian, Blockonomi, and Fortune
Washington Post:
The SDNY says ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on $250K bonds  —  Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors
U.S. Securities and Exchange Commission:
The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their roles 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) …
Sam Reynolds / CoinDesk:
The SEC's complaint against Caroline Ellison and Gary Wang says FTX's FTT token is a security as it was sold as an investment contract  —  Complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.
Cecilia Kang / New York Times:
ByteDance fired four employees after finding in a probe they accessed data on US TikTok users, including reporters, while trying to learn the sources of a story  —  The company's internal investigation showed that workers also obtained data on a small number of other U.S. users.
Amanda Silberling / TechCrunch:
Twitter begins rolling out publicly visible tweet view counts, expanding on private analytics; Elon Musk says view counts will help show how “alive Twitter is”  —  Twitter is rolling out a feature that shows how many people view your tweets, similar to features on platforms …
Brayden Lindrea / Cointelegraph:
Twitter improves its $Cashtags to include stock, ETF, and crypto price charts sourced from TradingView within its search results, plus a View on Robinhood link  —  Twitter searches for “$Bitcoin,” “Bitcoin price” and “BTC price” pulls up a price chart, with equivalent searches working for Ethereum too.
Wall Street Journal:
YouTube buys NFL Sunday Ticket's residential rights for seven years, sources say for ~$2B/year; DirecTV paid $1.5B/year for residential and commercial rights  —  Video streamer to pay annual fee of roughly $2 billion under seven-year deal  —  Created with sketchtool.
Alex Thompson / Politico:
Investigation: Eric Schmidt helps fund the salaries of over 24 Biden administration officials through the Federation of American Scientists and Schmidt Futures  —  Eric Schmidt, the former CEO of Google who has long sought influence over White House science policy, is helping to fund …
New York Times:
Sources: OpenAI releasing ChatGPT led Google to declare a “code red”, reassigning teams to respond to the threat the AI chat bot 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.
Mike Masnick / Techdirt:
Mastodon, Nostr, and other decentralized social networks are having a moment despite their complexity, thanks to the rich and out of touch Twitter and Meta CEOs  —  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 …
Jennifer Elias / CNBC:
Internal documents detail Google's new performance review process, estimating 6% of full-time employees will get low ratings starting in 2023, versus 2% before  —  - Google has released new details of its performance system overhaul and it shows employees will more easily fall into lower-rated categories.
Steve Dent / Engadget:
Google open sources privacy-enhancing tech that blurs objects in a video and that lets developers work on encrypted data without accessing personal information  —  Google has announced that two of its latest privacy-enhancing technologies (PETs), including one that blurs objects in a video …
More: Gizmodo

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