| 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.| 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 … | Sarah Wynn / The Block: |
The SEC charges Genesis and Gemini with the unregistered offering and sale of securities to retail investors through a Gemini crypto lending program — - The SEC charged both Gemini and Genesis with unregistered offering and sale of securities to retail investors, some of who were in the U.S.| 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| 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 … | 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 … | 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.”| 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.| Kenrick Cai / Forbes: |
Sources: low-code app development tool startup OutSystems raised $228.4M in October 2022 at a $4.3B valuation, 55% lower than February 2021's $9.5B valuation — OutSystems, a software firm which sells low-code app development tools, quietly raised a new financing round last October at less … | Semafor: |
Sources: Tiger Global struggles to raise its latest fund after investors learned it secretly paid a senior female employee $10M to settle bullying allegations — Tiger Global, the $60 billion firm that's a major tech investor, has been struggling to raise its latest venture fund since investors learned … | 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 … | Tim Bradshaw / Financial Times: |
Paris-based Ubisoft's stock drops ~14% after the company slashes its forecasts, reports “markedly and surprisingly slower” holiday sales, and delays a game — Shares shed 19% after Paris-based games group predicts net bookings will fall by a tenth| 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 … | 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 … | Bloomberg: |
A filing details Adobe's $20B Figma acquisition: attempts in 2020 and 2021 rebuffed before co-founder and CEO Dylan Field accepted, Microsoft interest, and more — Adobe Inc. tried to acquire design firm Figma Inc. for years before co-founder Dylan Field and the startup finally accepted … | 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.| Tom Warren / The Verge: |
Microsoft plans to update all Xbox Series X and S consoles to an energy-saving Shutdown mode by default and is working on a smarter Sleep mode for active hours — Microsoft is planning to switch Xbox Series X and S owners over to an energy-saving power mode in a bid for sustainability and cost savings.
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