| Reuters: |
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 … | Sam Reynolds / CoinDesk: |
The SEC's complaint against Caroline Ellison and Gary Wang classifies FTX's FTT token as a security since it was “offered and 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.| Washington Post: |
| Emily Baker-White / Forbes: |
ByteDance fired four employees after finding that they had accessed data on US TikTok users, including reporters, while trying to learn the sources of a story — ByteDance confirmed it used TikTok to monitor journalists' physical location using their IP addresses, as first reported by Forbes in October.| Zack Whittaker / TechCrunch: |
LastPass says hackers stole a backup copy of users' encrypted and unencrypted vault data using cloud storage keys stolen from a LastPass employee in August 2022 — Password manager giant LastPass has confirmed that cybercriminals stole its customers' encrypted password vaults … | Nate Raymond / Reuters: |
Filing: Meta agrees to pay $725M to settle a class-action lawsuit accusing the company of letting third parties, including Cambridge Analytica, access user data — Facebook owner Meta Platforms Inc (META.O) has agreed to pay $725 million to resolve a class-action lawsuit accusing … | 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 … | Joanna Ossinger / Bloomberg: |
Crypto exchange Bullish, backed by Peter Thiel, and Far Peak, a SPAC led by ex-NYSE President Thomas Farley, call off their planned $9B merger announced in 2021 — Cryptocurrency exchange Bullish and special-purpose acquisition company Far Peak Acquisition Corp. have called off their planned merger.| Davey Alba / Bloomberg: |
Research: tens of thousands of Twitter poll bot votes can cost less than $100, potentially undermining Elon Musk's move to rely on polls for company decisions — New Twitter Inc. owner Elon Musk has outsourced several controversial decisions — like whether to reinstate former US President … | Ivan Mehta / TechCrunch: |
Twitter will now let Blue subscribers upload 60-minute, 1080p videos up to 2GB on the web; iOS and Android users are still limited to 10-minute, 512MB videos — After taking over Twitter, Elon Musk had long promised that the company is working toward making the platform more appealing to video creators.| Sarah E. Needleman / Wall Street Journal: |
Microsoft files a rebuttal to the FTC's lawsuit to block its Activision deal, saying the deal won't hurt competition and that it isn't the top game developer — Software giant files documents opposing claims that transaction would harm competition in videogame industry| Financial Times: |
Sources: TSMC is in advanced talks with key suppliers about setting up its first European plant in Dresden, Germany; construction could begin in early 2024 — Company to send senior executives to Dresden early next year to discuss potential factory project in Germany| Mike Wheatley / SiliconANGLE: |
San Jose-based Tredence, which offers data analytics services for retail, healthcare, and other industries, raised a $175M Series B led by Advent International — Data science and artificial intelligence solutions startup Tredence Inc. said late today that it has closed …
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| Alex Thompson / Politico: |
| Wall Street Journal: |