SVB Financial files for Chapter 11 bankruptcy protection in the SDNY Bankruptcy Court and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries …

Meta debuts Verified in the US for $12/month on the web or $15/month on Android/iOS, with a blue badge, proactive impersonation protection, and customer support  —  Meta's paid verification program is available in the US starting today, CEO Mark Zuckerberg wrote on his Instagram channel.

YouTube lifts its restrictions on Donald Trump's channel, imposed after the January 6 insurrection, after evaluating the “continued risk of real-world violence”  —  YouTube will lift its restrictions on former President Trump's channel Friday, a spokesperson confirmed to Axios.

Google's Project Zero finds 18 zero-day vulnerabilities, including four top-severity flaws, affecting some Samsung phones and other devices with Exynos chipsets  —  Google's security research unit is sounding the alarm on a set of vulnerabilities it found in certain Samsung chips included …

Sources: Twitter explored licensing music rights from three major labels but negotiations stalled after Elon Musk's takeover and were abandoned due to costs  —  Twitter didn't move forward with the music licensing deals because of costs, people with knowledge of the matter said.

The FCC is requiring carriers to block SMS messages from “invalid, unallocated, or unused numbers”, targeting the increasing scam robotexts sent to consumers  —  First robotext rule requires blocking of texts from invalid and unused numbers.  —  The Federal Communications …

Sources: Coinbase is exploring setting up a crypto trading platform overseas for institutional clients outside of the US, amid increased US scrutiny of crypto  —  Institutional clients of Coinbase Global Inc. have been contacted by the firm about plans to potentially set …

Q&A with two Meta security experts about the company's Online Operations Kill Chain, a framework for responding to threats like election influence operations  —  Next year will feature some of the most geopolitically significant elections of our times.  Voters will be heading …

A shortage of skilled workers is impeding Micron's goal of a chip manufacturing campus in Syracuse, NY, where it plans to invest $100B and hire 9K employees  —  Micron plans to hire 9,000 employees at a new suburban Syracuse campus amid shortage of skilled workers

FTC finalized a $245M fine for Epic Games on Tuesday over tricking users into making unintended purchases in Fortnite and banned Epic from using dark patterns  —  Epic Games faces over half a billion dollars in fines from the FTC  —  The United States Federal Trade Commission (FTC) …

Amazon stops selling newspaper and magazine subscriptions for Kindle and print, and plans to shut down Kindle Newsstand in September 2023  —  Amazon has announced they are abandoning the Kindle for Periodicals or the Kindle Newsstand, which will completely shutter on September 2023.

Sources: Twitter has downranked accounts from its rivals like Instagram, Snap, and TikTok since December 2022, plus accounts like the US Department of Health's  —  Little scoop from me today: Twitter has been down-ranking the corporate accounts of its competitors, including 19 official TikTok accounts, 3 Snap accounts, and 2 Instagram accounts. This means their tweets won't show on the For You tab for the most part: https://www.platformer.news/ ...

In a presentation about the new Copilot features, Microsoft acknowledges AI's tendency to produce inaccurate responses but says the tech can be “usefully wrong”  —  - Microsoft debuted ChatGPT-like features dubbed Copilot that will eventually come to its business apps like Word and Excel.