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December 27, 2022, 3:50 AM
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| Freddy Brewster / Los Angeles Times: |
FOIA emails detail Sam Bankman-Fried's courtship of US federal regulators, including hiring former regulators and dining with ex-CFTC Commissioner Dan Berkovitz — Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader …
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Yahoo Finance, Insider, and Reuters
| Faiz Siddiqui / Washington Post: |
Former Twitter employees and people in Elon Musk's orbit detail his erratic leadership; Musk wanted “full access” for Bari Weiss, which staff refused to grant — Musk's intense focus on his social media company purchase has devolved into the culture wars. Meanwhile, Tesla is tanking.
More:
Insider, Techdirt, The Inkdrop, WRAL TechWire, The Contrarian Ranter, Bitcoin News, Livemint, News Notes with William Rayner, and Analytics Insight
Mastodon: @rodhilton@mastodon.social, @malwaretech@infosec.exchange, @faizsays@mastodon.social, @faizsays@mastodon.social, @ChristinaBinkley@journa.host, @faizsays@mastodon.social, @BGrueskin@journa.host, and @simon@simonwillison.net
| Tim Higgins / Wall Street Journal: |
How Elon Musk's finances got more complicated as TSLA dropped 65%+ in 2022, shrinking his borrowing power and his fortune from an estimated $340B peak to $140B — Billionaire's borrowing power has shrunk with Tesla share decline — Elon Musk's Unconventional Management Style: Former Employees Share Stories
More:
Insider, The Tech Fuelled Investor, Livemint, Gizchina, Coinmonks, Watcher Guru, and Observer
Tweets: @techwontsaveus, @jimpethokoukis, @ryanbethencourt, @brian_henderson, and @peterbakernyt
| Timmy Shen / Forkast: |
IntoTheBlock: the Bitcoin network hash rate fell by 38.8%+ on December 24 from its December 21 peak as many US-based miners paused operations due to blizzards — The Bitcoin network hashrate has dropped by more than 38.8% from its peak on Wednesday, as many U.S.-based miners have been forced …
More:
CoinDesk, The Block, Cryptopolitan, Bitcoinist.com, Decrypt, Cointelegraph, Bitcoin News, and crypto.news
| Jaran Mellerud / Hashrate Index: |
Analysis: publicly listed bitcoin mining companies collectively owe $4B+, led by bankrupt Core Scientific with $1.3B as of September 30 and Marathon with $851M — The public bitcoin mining companies collectively owe more than $4 billion, and the biggest of them has already declared bankruptcy due to its unsustainable debt burden.
More:
The Block, Watcher Guru, and CryptoSlate
| Thomas Claburn / The Register: |
Stanford study: programmers who used AI tools like GitHub Copilot to solve a set of coding challenges produced less secure code than those who did not — At the same time, tools like Github Copilot and Facebook InCoder make developers believe their code is sound| Omer Benjakob / Haaretz: |
A look at Tel Aviv-based Toka, which helps governments, intelligence agencies, and law enforcement hack security cameras to alter live feeds and past recordings — Meet Toka, the Israeli cyber firm founded by Ehud Barak, that lets clients hack cameras and change their feeds - just like in Hollywood heist movies
Tweets: @haaretzcom, @spyblog, @haaretzcom, @haaretzcom, @omerbenj, @marwasf, @omerbenj, and @evacide
| Matthew Field / Telegraph: |
Source: Magic Leap raised $450M in 2022, across $150M in equity and $300M in debt, giving Saudi Arabia's sovereign wealth fund majority control of the company — Saudi Arabia has taken control of US augmented reality company Magic Leap, The Telegraph can reveal, as the company taps up investors for a further $450m.
More:
The Information. Mastodon: @caseynewton@mastodon.social. Tweets: @ballmatthew. Thanks:@matthfield
| Qianer Liu / Financial Times: |
Experts say Hua Hong, China's second-largest chip foundry, is barely affected by US sanctions and its focus on older chips could make it Beijing's new favorite — US restrictions on advanced tech help foundry benefit from Beijing's shifting view of the semiconductor supply chain| Justin Garrison / Justin Garrison: |
Stack Overflow's 2022 Developer Survey: 40.2% use a Linux-based system, up from 25.3% in 2021 and 23.2% in 2018, compared to 62.3% for Windows and 31.1% for Mac — Thanks to the 2022 StackOverflow developer survey we can finally say 2022 was the year of Linux on the Desktop!
More:
WebProNews, Stack Overflow, and Slashdot
Tweets: @thom_wolf, @sspaeti, @akien, @akien, @akien, @akien, @cfkschaller, @rothgar, and @shomikghosh21
| Anton Shilov / Tom's Hardware: |
Jon Peddie Research: there are 18 companies globally developing and producing GPUs; eight out of the 11 PC and data center GPU designers are based in China — There are 18 GPU developers worldwide today. — The number of GPU startups in China is extraordinary as the country tries …
More:
The Windows Club and Business Wire
| Bloomberg: |
A profile of Senegal-based Wave, Francophone West Africa's only unicorn and the first non-telco, non-bank offering mobile money services in eight countries — Mobile money agents in Ivory Coast halted service for Wave Mobile Money Inc. few weeks ago, in an attempt to stymie the growth …
Tweets: @diopfode
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