January 13, 2023, 8:25 AM

Top News

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.
Manish Singh / TechCrunch: lays off about 20% of its global workforce, citing the crypto downturn and FTX's implosion, after cutting about 250, or ~5% of jobs, in mid-2022  —  Crypto exchange is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and “unforeseeable” industry events.
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 …
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 …
John D. McKinnon / Wall Street Journal:
Google tells SCOTUS in a brief in Gonzalez v. Google that gutting Section 230 could “upend the internet”, leading to widespread censorship by internet giants  —  Tech giant files brief in YouTube case brought by family of woman killed in Paris terrorist attacks
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 …
Ben Schoon / 9to5Google:
Twitter users say Tweetbot, Twitterrific, and other third-party apps are broken, possibly due to Twitter's API being down; Twitter has offered no explanation  —  The past several weeks since Elon Musk's takeover have seen Twitter in turmoil as rapid changes hit the platform …
Tony Stubblebine / The Official Medium Blog:
Medium launches a Mastodon instance on, promising members 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 to help our authors …
Sarah Perez / TechCrunch:
TikTok is testing a Talent Manager Portal with select agencies, aiming to help creators' agents and representatives oversee, execute, and analyze brand deals  —  TikTok is making it easier for brands to work with its “megastar” creators with an update to its Creator Marketplace …
The Guardian:
Meta sues to ban Voyager Labs from using Facebook and Instagram, alleging the investigative software startup created 38K+ accounts to scrape 600K+ users' data  —  The social media giant launched an investigation into Voyager's use of fake accounts after a Guardian investigation
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 …
Rachel Chitra / DealStreetAsia:
Singapore- and NY-based Holmusk, which offers real-world clinical data and analytics for the behavioral health industry, raised a $45M Series B led by Veradigm  —  Editor's note: This story was updated on Jan 12 to incorporate details from Holmusk's regulatory filings in Singapore.

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Lucinda Shen / Axios:
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Andrew Romero / 9to5Google:
Kali Hays / Insider: