Techmeme
January 11, 2023, 11:45 AM

Top News

Reuters:
The FAA says normal air traffic is “resuming gradually” across the US after its Notice to Air Missions system failed; FlightAware: 5,400+ flights were delayed  —  U.S. flights were slowly beginning to resume departures and a ground stop was lifted after the Federal Aviation Administration …
CoinDesk:
Bankruptcy lawyer: FTX has recovered $5B+ so far, excluding $425M held by the Bahamas or “illiquid cryptocurrency tokens”; FTX's Alameda credit line was $65B  —  The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it's still short of what customers are owed in total.
Financial Times:
Court documents: Sam Bankman-Fried invested $20M in Paradigm's $2.5B Paradigm One fund in late 2021, before the fund then invested in FTX and FTX US  —  Court documents shed light on Sam Bankman-Fried's circular transactions  —  Sam Bankman-Fried invested $20mn in a large venture capital fund …
Jeremy Hill / Bloomberg:
Mark Gurman / Bloomberg:
Sources: Apple plans to design and develop its own displays for mobile devices, starting with microLED screens for the Apple Watch Ultra by the end of 2024  —  Apple Inc. is planning to start using its own custom displays in mobile devices as early as 2024, an effort to reduce its reliance …
Sarah Perez / TechCrunch:
Apple launches Business Connect, letting US businesses update and manage information across Maps and other services, something Google Maps has had since 2005  —  Apple Maps today is gaining a new tool that will allow the decade-plus-old service to better compete with Google …
Mitchell Clark / The Verge:
Twitter renames Latest Tweets to Following and Home to For You, making the algorithmic feed the default with no option to change it, rolling out on iOS first  —  Twitter is changing how you move between the algorithmically-driven timeline and the reverse chronological one and making the algorithmic feed the default.
Bloomberg:
Binance admits flaws in maintaining its Paxos-managed BUSD stablecoin, which should be backed 1:1; ChainArgos: BUSD was undercollateralized by $1B+ in 2020-21  —  Binance Holdings Ltd., the biggest cryptocurrency exchange, acknowledged past flaws in the management of its stablecoin's reserves …
Makena Kelly / The Verge:
Sources: Parler's parent company laid off ~75% of its staff and most of its chief executives over the past few weeks, leaving the social app with ~20 employees  —  Parlement Technologies, the parent company of “censorship-free” social media platform Parler, has laid off a majority of its staff …
Zac Bowden / Windows Central:
Sources: Microsoft ditched a dual-screen design for the Surface Duo 3, opting for an internal foldable screen, an external cover display, and a 180-degree hinge  —  Microsoft's next foldable phone will have an internal foldable display.  —  What you need to know
Richard Waters / Financial Times:
After Chinese researchers claimed to break RSA encryption using quantum computers, experts are skeptical and caution that any commercial benefits are years away  —  China claims to have made a major breakthrough but western experts say any commercial benefits are still years away
Amanda Pedersen / Medical Device + Diagnostic Industry:
A US ITC judge rules that some Apple Watches infringe on one of five Masimo pulse oximeter patents related to using light sensors to measure blood oxygen levels  —  An International Trade Commission judge ruled that Apple infringed on one of five Masimo patents related to using light sensors …
Olga Kharif / Bloomberg:
Cameron Winklevoss demands that DCG's board remove CEO Barry Silbert and alleges he and Genesis lied publicly, after his January 8 resolution deadline passed  —  Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert …
Nilay Patel / The Verge:
Cory Doctorow and law professor Rebecca Giblin on their new book, Chokepoint Capitalism, and how tech platforms monetize creators via distribution bottlenecks  —  It's a book about artists and technology and platforms and how different kinds of distribution and creation tools create chokepoints …
Allison Johnson / The Verge:
Samsung sets its next Galaxy Unpacked for February 1 at 10am PT in San Francisco, its first in-person event in three years, likely to unveil the Galaxy S23  —  Mark your calendar: Samsung is hosting its next Galaxy Unpacked on February 1st.  The company is officially confirming a date …
Javier Espinoza / Financial Times:
How Section 19a of Germany's Competition Act gives antitrust authorities the power to divest and sanction Big Tech, as the EU slowly rolls out its enforcement  —  While EU regulators slowly roll out their own enforcement mechanism, Berlin is already holding gatekeepers to account
Tyler Coates / The Hollywood Reporter:
Netflix plans to stream the SAG Awards globally starting in 2024, as part of a multi-year deal; the 2023 ceremony will stream on Netflix's YouTube channel  —  The company will also livestream the 2023 ceremony on its YouTube page ahead of its multi-year partnership with the Screen Actors Guild.
Steven Church / Bloomberg:
A US bankruptcy judge approves Voyager's plan to sell its crypto platform to Binance.US for $20M, overruling objections from federal regulators and some states  —  Voyager Digital Ltd. won court approval to sell its crypto platform to Binance.US for $20 million as part of Voyager's plan to liquidate in bankruptcy.

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
From content collaboration to content intelligence: Zoho WorkDrive's 2025 journey  —  As 2025 draws to a close, we're reflecting on a year marked by meaningful progress, purposeful innovation, and continuous learning at Zoho WorkDrive.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Hard Fork:
Why Roomba Died + Tech Predictions for 2026 + A Hard Forkin' Xmas Song
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Big Technology Podcast:
Sam Altman: How OpenAI Wins, AI Buildout Logic, IPO in 2026?
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Access:
Betting on reality with Kalshi CEO Tarek Mansour
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Lenny's Podcast:
The new AI growth playbook for 2026: How Lovable hit $200M ARR in one year | Elena Verna (Head of Growth)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Channels with Peter Kafka:
"Neither Side Is Used to Losing." Lucas Shaw on What's Next for Netflix and Paramount in the Battle for Warner Bros.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:45 AM ET, January 11, 2023.

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.

More News

Jai Vijayan / Dark Reading:

Earlier Picks

Reuters:
Ivan Mehta / TechCrunch:
Taylor Hatmaker / TechCrunch: