January 13, 2023, 11:25 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.
Ben Schoon / 9to5Google:
Tweetbot, Twitterrific, and some other third-party Twitter apps are broken; Twitter has given no explanation and developers say they haven't heard back from it  —  The past several weeks since Elon Musk's takeover have seen Twitter in turmoil as rapid changes hit the platform …
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 proxy filing: Apple cuts Tim Cook's 2023 target compensation by 40%+ to $49M, 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 …
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 …
Financial Times:
John D. McKinnon / Wall Street Journal:
Connie Guglielmo / CNET:
After a report that it is using AI for writing articles, CNET explains its test, changes the byline on AI-written posts, and makes disclosures more prominent  —  For over two decades, CNET has built our reputation testing new technologies and separating the hype from reality.
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 a Talent Manager Portal with a few agencies, letting creators' talent managers oversee, execute, and analyze brand opportunities and campaigns  —  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
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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