| Jonathan Stempel / Reuters: |
Filings: the US arrested and charged a man with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets — U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal … | Wladimir Palant / Almost Secure: |
LastPass' breach update was full of lies, omitted damning info, tried to present the August 2022 incident and the data leak as two separate events, and more — Right before the holiday season, LastPass published an update on their breach. As people have speculated, this timing was likely … | Ava Benny-Morrison / Bloomberg: |
Source: the DOJ launched a criminal investigation into the alleged $370M+ in assets stolen as FTX declared bankruptcy, separate from its fraud case against SBF — Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours … | Joe Rossignol / MacRumors: |
Kuo: Apple plans to ship an updated iPad mini in late 2023 or H1 2024 with a new chip as its main selling point; a foldable iPad is unlikely to replace the mini — Apple is working on a new version of the iPad mini, with mass shipments expected to start towards the end of 2023 or in the first half of 2024 … | Erin Woo / The Information: |
Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021; the company slashed its valuation every quarter in 2022 — Instacart, the grocery delivery startup that bankers expect will list its shares publicly next year, has cut its internal valuation to around $10 billion … | Eli Tan / CoinDesk: |
Top Solana-based NFT projects DeGods and Y00ts plan to leave the Solana network for Ethereum and Polygon, respectively; DeGods had asked for $5M to stay on SOL — DeGods will bridge over to Ethereum while its sister project Y00ts will move to Polygon with a grant from the layer 2's partnership fund.| Financial Times: |
| Geoffrey A. Fowler / Washington Post: |
Shadowbanning is real and social media sites should be more transparent about it; survey: nearly 1 in 10 US social media users think they've been shadowbanned — Elon Musk is right: Social media should tell you when you're shadowbanned — Art teacher Jennifer Bloomer has used Instagram … | Taylor Rains / Insider: |
Southwest Airlines says the operational meltdown over the holiday weekend was partly caused by its scheduling software, which a union rep called as “outdated” — - Southwest Airlines has canceled nearly 2,600 flights so far on Tuesday after canceling over 2,900 on Monday.| Kyle Wiggers / TechCrunch: |
Researchers discuss AI expectations for 2023: continued problematic art-generating apps, incoming regulations, open-source and decentralized efforts, and more — As a rather commercially successful author once wrote, “the night is dark and full of terrors, the day bright and beautiful and full of hope.”| Wall Street Journal: |
ZipRecruiter: 37% of laid off or fired tech workers were able to find a job within a month of starting their search and ~79% were able to within three months — Openings across the economy are down from highs but far exceed the number of unemployed Americans — Why Tech Layoffs Don't Reflect the Job Market| Wall Street Journal: |
Some telehealth companies are running social media ads promoting drugs for unapproved uses, showing benefits and paid testimonials but not risks or side effects — Some employees and patients say these marketing practices have contributed to the abuse of controlled substances| K Oanh Ha / Bloomberg: |
Investigation: Amazon blue-and-white plastic shipping envelopes that US and Canadian consumers discard for recycling end up being burned in Muzaffarnagar, India — Muzaffarnagar, a city about 80 miles north of New Delhi, is famous in India for two things: colonial-era freedom fighters … | Asa Fitch / Wall Street Journal: |
After shortages, chip inventories are swelling, mirroring the wider economy as consumers buy fewer gadgets; Susquehanna: lead times have fallen in recent months — Semiconductor companies slash production plans amid weak demand — The world is now awash in chips.
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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
| New York Times: |
| Nilay Patel / The Verge: |
| Haleluya Hadero / Associated Press: |
| Sujeet Indap / Financial Times: |