Techmeme
January 12, 2023, 4:40 PM

Top News

Lucinda Shen / Axios:
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty  —  Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
More: SBF's Substack, The Block, Wall Street Journal, Decrypt, CoinDesk, Engadget, Bitbanter, Cointelegraph, Wccftech, TechCrunch, New York Times, Cointelegraph, Mashable, Crowdfund Insider, Bloomberg, CryptoSlate, The Verge, CoinDesk, CNBC, and NBC News
Tim Reynolds / Associated Press:
A US federal judge terminates FTX's 19-year, $135M naming rights deal with Miami-Dade County's Heat arena, removing branding from the roof, court, and more  —  The naming rights deal between FTX and Miami-Dade County was terminated Wednesday by a federal bankruptcy court …
Bloomberg:
Bulgarian police raided London-based crypto lender Nexo's office in Sofia on January 12, seeking information on suspected money laundering and tax crimes  —  Crypto lender Nexo's office in Sofia was raided by Bulgarian police on Thursday as part of an investigation into suspected money laundering and tax crimes.
Anthony Capaccio / Bloomberg:
Congress rejects the US Army's request for $400M to buy as many as 6,900 Microsoft HoloLens goggles this fiscal year but approves $40M to develop a new model  —  Microsoft Corp. won't be getting more orders for its combat goggles anytime soon after Congress rejected the US Army's request …
Forbes:
JPMorgan Chase sues Frank founder Charlie Javice for allegedly creating 4M+ fake users to get the company to acquire the student loan software startup for $175M  —  The financial giant is suing the founder of a Mark Rowan-backed startup it acquired, claiming the fintech, Frank, had sold the financial giant on a “lie.”
Tony Stubblebine / The Official Medium Blog:
Medium launches a Mastodon instance on me.dm, promising members a service with reliable moderation, smoother onboarding, an interesting local feed, and more  —  The fediverse is a breath of fresh air for writers and social media  —  Today, Medium is launching a Mastodon instance at me.dm …
Nikou Asgari / Financial Times:
Sources: crypto broker Genesis owes creditors over $3B, leading DCG to explore selling parts of its venture capital holdings, estimated at ~$500M, to raise cash  —  Barry Silbert's conglomerate weighs offloading venture assets to help wholly owned digital asset lender
Kali Hays / Insider:
Sources: Twitter is leaving 12+ offices due to closures or not paying rent, including in Hong Kong, the Philippines, Mexico, Australia, South Korea, and India  —  - Twitter is leaving at least a dozen international offices due to closures or not paying rent.  — Hubs in Europe and even Twitter's headquarters in Asia are shuttered.
Tim Bradshaw / Financial Times:
Andrew Romero / 9to5Google:
Allegedly official Samsung Galaxy S23 marketing images leak, showing four colors, no vertical camera bar, and more; S23 Ultra is rumored to have a 200MP camera  —  The Galaxy S23 from Samsung is set to be announced on the first day of February.  Even though that's a given …
David Shepardson / Reuters:
A look at the FAA's struggles to modernize air traffic control, such as improving safety notices to pilots and ending the use of paper strips to track aircraft  —  The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday …
Bloomberg:
Sources: Google and Nvidia told the FTC that the Activision Blizzard deal could give Microsoft an unfair advantage in cloud, subscription, and mobile gaming  —  Alphabet Inc.'s Google and Nvidia Corp. have expressed concerns to the Federal Trade Commission about Microsoft Corp.'s acquisition …
Gavin Bonshor / AnandTech:
Intel unveils its Core i9-13900KS CPU, clocked at 6GHz out of the box, with eight performance cores, 16 efficiency cores, and a 150W TDP, available now for $699  —  Initially mentioned during their Innovation 2022 opening keynote by Intel CEO Pat Gelsinger, Intel has unveiled …
Joe Rossignol / MacRumors:
Kuo: mass shipments of second-generation AirPods Max and AirPods with a $99 price target will likely begin in the second half of 2024 or the first half of 2025  —  Mass shipments of second-generation AirPods Max and more affordable AirPods will likely begin in the second half of 2024 …
Reuters:
TSMC reports Q4 revenue up 26.7% YoY to $19.93B and net income up 78% YoY to ~$9.72B, beating estimates of ~$9.5B, even as the chip industry downturn continues  —  Taiwanese chipmaker TSMC (2330.TW) reported a forecast-beating 78% rise in quarterly profit on Thursday, as strong sales …
Rosie Perper / CoinDesk:
Yuga Labs announces Dookey Dash, a skill-based game accessed via a free mint on January 17 for BAYC holders and played between January 18 and February 15  —  The gamified expansion of its Bored Ape Yacht Club ecosystem involves minting a free Sewer Pass to play a game called Dookey Dash.
Kenrick Cai / Forbes:
Butter Payments, which uses AI to help companies catch accidental subscription churn, raised a $21.5M Series A led by Norwest, sources say at a ~$100M valuation  —  A decade ago, Microsoft, Dropbox and Scribd were all leaking money.  They were losing millions a year to subscriptions that were being …
More: PYMNTS.com

Sponsor Posts

Brightspot:
Is your CMS solving your content problems, or creating new ones?  —  In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
Prelay:
How Public Tech Companies De-risk Millions in Revenue Loss  —  Complex products and hybrid teams are today's major growth challenges.  With 50-70% of revenue driven by internal teams beyond sales, how is your org adapting?
Zoho:
The ultimate guide to choosing the right rewards and recognition platform  —  According to a Deloitte survey, employee productivity, performance, and engagement are 14% higher in organizations that prioritize employee recognition programs.
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Techmeme Ride Home:
Fri. 03/24 - Twilight Of The Blue Checks
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:40 PM ET, January 12, 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

Reed Albergotti / Semafor:

Earlier Picks

Ron Miller / TechCrunch:
Frank Landymore / Futurism: