| Sarah Wynn / The Block: |
The SEC charges Genesis and Gemini with offering and selling unregistered securities to retail investors via a crypto lending program promising to pay interest — - 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| 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.| Gareth Corfield / Telegraph: |
Sources: a Russia-linked LockBit ransomware gang infected the UK's Royal Mail customs label printers, forcing the postal service to stop overseas deliveries — Lockbit's ransomware scrambled software on machines used to send international post — A Russia-linked ransomware gang was behind … | 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 … | John D. McKinnon / Wall Street Journal: |
Google argues that gutting Section 230 “would upend the internet” in a brief filed with the US Supreme Court ahead of a YouTube case involving terrorist content — Tech giant files brief in YouTube case brought by family of woman killed in Paris terrorist attacks| 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 … | Mark Gurman / Bloomberg: |
SEC filing: Apple plans to cut Tim Cook's compensation by 40%+ to $49M in 2023, citing investor guidance and a request from Cook, who was paid $99.4M in 2022 — Apple Inc. is cutting Chief Executive Officer Tim Cook's compensation by more than 40% to $49 million in 2023 … | The Guardian: |
Meta sues to ban Voyager Labs from using Facebook and Instagram, alleging the investigative software firm created 38K+ fake accounts to scrape 600K+ users' data — The social media giant launched an investigation into Voyager's use of fake accounts after a Guardian investigation| 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 … | 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 … | 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 … | Connie Guglielmo / CNET: |
After a report, CNET says it is testing AI to help editors write some articles, has changed bylines on AI-assisted posts, and made disclosures more prominent — For over two decades, CNET has built our reputation testing new technologies and separating the hype from reality.| Chainalysis: |
Analysis: in 2022, illicit crypto transaction volume rose to an all-time high of $20.1B, of which 44% came from activity associated with sanctioned entities — Every year, we publish our estimates of illicit cryptocurrency activity to demonstrate the power of blockchains' transparency … | Sarah Perez / TechCrunch: |
TikTok is testing, with a few select agencies, a Talent Manager Portal which makes it easier for creators' agents and representatives to negotiate brand deals — TikTok is making it easier for brands to work with its “megastar” creators with an update to its Creator Marketplace … | Financial Times: |
Sources: an entity under China's CAC acquired a 1% stake, or “golden shares”, in an Alibaba subsidiary, and plans on taking a similar stake in a Tencent unit — Beijing changes tack in its efforts to secure a firmer grip on the country's tech giants| TechCrunch: |
Sources: Tokyo-headquartered aggregator SmartNews, valued at $2B as of 2021, lays off ~120 people, or 40% of US and China staff, with more cuts to come in Japan — SmartNews, a Tokyo-headquartered news aggregation website and app valued at $2 billion as of 2021, today announced a 40% reduction … | 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 …
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| David Shepardson / Reuters: |
| Rosie Perper / CoinDesk: |
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| Joe Rossignol / MacRumors: |