December 24, 2022, 7:00 PM

Top News

Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX  —  Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul's Alameda Research …
Amanda Hoover / Wired:
Mastodon's decentralized nature raises concerns about the liability of users running their own instances, under copyright and privacy laws around the world  —  As the niche, decentralized social networking platform rises in popularity, it faces rising costs, culture shifts—and potential legal risks.
Ingrid Lunden / TechCrunch:
Kenneth Li / Reuters:
Twitter restores a feature that promotes suicide prevention hotlines and other safety resources, after reportedly removing it following an order by Elon Musk  —  Twitter Inc restored a feature that promoted suicide prevention hotlines and other safety resources to users looking up certain content …
The 2022 crypto winter showed the digital asset ecosystem is more interconnected than many participants realize, despite decentralization being a core tenet  —  As 2021 came to a close, crypto enthusiasts were brimming with optimism.  After all, it had been a banner year: Nonfungible tokens, or NFTs, had crossed into the mainstream.
The FTC orders Mastercard to give its rivals customer data for processing debit card payments, alleging Mastercard used tokenization to block competing networks  —  The Federal Trade Commission ordered Mastercard Inc. to start providing its competitors with customer account information …
Naomi Jagoda / Bloomberg:
After pushback, the IRS delays requiring e-commerce apps such as Venmo, PayPal, Cash App, and Etsy to send tax forms to small businesses with $600+ transactions  —  The Internal Revenue Service is delaying a requirement for e-commerce platforms, including Venmo, PayPal, Cash App and Etsy …
Lauren Feiner / CNBC:
Congress passes a $1.7T spending package, including a bill banning TikTok on federal government devices, but fails to pass many aggressive bills targeting tech  —  - Congress passed a large spending package that includes a bill banning TikTok from being used on government devices.

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Earlier Picks

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Zack Whittaker / TechCrunch:
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Amanda Silberling / TechCrunch: