| New York Times: |
Sources: Apple blocking Beeper Mini has caught the attention of the DOJ, which is in the middle of a four-year-old probe into Apple's anticompetitive behavior — Beeper Mini, which offers iPhone messaging on Android phones, has grown fast and its duel with the tech giant has gotten the attention of antitrust regulators.| Bloomberg: |
China publishes draft rules for online gaming, including setting spending limits and banning daily login rewards; Tencent plunges 10%+ and NetEase 20%+ — - Tencent, NetEase shares dive in Hong Kong after new rules — Beijing has in recent years sought to combat gaming addiction| Richard Lawler / The Verge: |
Substack co-founder Hamish McKenzie doubles down on not moderating Nazi content, after 200+ authors criticize the company for “platforming and monetizing Nazis” — More than 200 Substack authors asked the platform to explain why it's “platforming and monetizing Nazis,” … | Bill Toulas / BleepingComputer: |
ScamSniffer: Google and X ads are promoting sites containing a crypto drainer named “MS Drainer” that has stolen $59M from 63,210 victims since March 2023 — Google and Twitter ads are promoting sites containing a cryptocurrency drainer named ‘MS Drainer’ that has already stolen $59 million … | Mark Gurman / Bloomberg: |
Memo: Apple won't offer hardware swaps for out-of-warranty Watch models going back to Series 6 in the US during the ITC's ban but will offer help via software — - Company will only be able to conduct software-based repairs — Hardware swaps for broken Apple Watches won't be offered in US| Juli Clover / MacRumors: |
| Richard Waters / Financial Times: |
| Ethan Gach / Kotaku: |
Hacked files show Insomniac's challenges juggling teams, timelines, and budgets amid possible Sony cuts; Spider-Man 2 cost ~$300M, almost 3x Spider-Man's cost — Internal documents show how a big PlayStation studio plans its future — Insomniac Games quickly established itself … | Leo Schwartz / Fortune: |
Paxos plans to expand its products to the Solana blockchain on January 17, 2024, after receiving approval from the NY financial regulator — The leading stablecoin issuer Paxos has received regulatory approval to expand its products to the Solana blockchain, which it plans to launch on January 17, 2024.| Paul Sawers / TechCrunch: |
Spotify pulls support for two music festivals in France, in protest against a new tax that will impose a levy of 1.5% to 1.75% on all music-streaming services — Spotify is pulling support for two music festivals in protest against a controversial new tax directed at music-streaming platforms operating … | Max Ramsay / Bloomberg: |
EU member states reject a provisional deal that would have required platforms like Uber and Deliveroo to give full employment status to around 5.5M gig workers — - Rules will go through further negotiations with EU lawmakers — Deal could have cost industry billions of euros annually| Financial Times: |
How SoftBank's $500M bet on US mortgage lender Better, once valued at $7B, backfired; BETR is down 90%+ since its August 2023 IPO after a US SEC investigation — Multibillion-dollar investment in start-up soured as interest rates rose and Spac craze ended — In April 2021 … | Aisha S Gani / Bloomberg: |
Revolut publishes delayed 2022 accounts, removing a hurdle in its UK banking license bid; revenue grew 45% YoY to £922.5M, while pretax loss grew to £25.4Mg2 — - Auditors at BDO say issues for 2021 data have been resolved — Fintech reports pretax loss; sees $2 billion revenue this year| Erin Nolan / New York Times: |
Prosecutors: Pornhub operator Aylo admits that it had profited from porn that depicted sex trafficking victims, will pay a $1.8M fine and be assigned a monitor — The company that operates Pornhub and other adult websites has agreed to pay damages to women who said pornographic videos of them were posted online without their consent.
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| Anastassia Gliadkovskaya / Fierce Healthcare: |
| Chandra R. Srikanth / @chandrarsrikant: |
| Ron Miller / TechCrunch: |
| Katharine Gemmell / Bloomberg: |
| Zac Bowden / Windows Central: |
| Michael Nuñez / VentureBeat: |