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November 24, 2022, 3:15 AM
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| Josh Sisco / Politico: |
Sources: the FTC is likely to file an antitrust lawsuit to block Microsoft's $69B Activision Blizzard deal; FTC staff are skeptical of the companies' arguments — The Federal Trade Commission is likely to file an antitrust lawsuit to block Microsoft's $69 billion takeover …
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Engadget, Reuters, Video Games Chronicle, Gameranx, MSPoweruser, Appuals.com, TheGamer, Transistori, GameSpot, Businesskorea, The Verge, Game Rant, Windows Central, Kotaku, IGN, Reuters, Wccftech, The Jacob Wolf Report, Game Developer, Forbes, Daring Fireball, Ars Technica, BGR, The Register, Gamereactor UK, Truth on the Market, MSPoweruser, and GamingBolt
| Sergiu Gatlan / BleepingComputer: |
Microsoft says hackers used vulnerabilities in Boa web server, discontinued in 2005 but pervasive across IoT devices, to target the Indian power sector — Microsoft said today that security vulnerabilities found to impact a web server discontinued since 2005 have been used to target and compromise organizations in the energy sector.| Lucas Shaw / Bloomberg: |
Sources: Amazon plans to spend $1B+ per year to produce and release movies for theaters, starting with a few releases in 2023, and eventually 12 to 15 annually — Amazon.com Inc. plans to spend more than $1 billion a year to produce movies that it will release in theaters … | Steve Lohr / New York Times: |
Frederick P. Brooks Jr., a Turing Award recipient who co-led IBM's System/360 project and wrote a book cited as gospel by computer scientists, dies at 91 — He was a lead designer of the computers that cemented IBM's dominance for decades. He later wrote a book on software engineering that became a quirky classic.
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CircleID, UNC Computer Science, Michael Tsai, and Slashdot
| Bill Cusick / Stability.Ai: |
Stability AI releases Stable Diffusion 2.0, which can now generate images with default resolution of 512x512 and 768x768, and can upscale images to 2048x2048 — It is our pleasure to announce the open-source release of Stable Diffusion Version 2. — The original Stable Diffusion V1 led …
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Hugging Face. Tweets: @hardmaru, @jangles, @dannypostmaa, @minimaxir, @dan_jeffries1, @nin_artificial, @stablediffusion, @adamcole_studio, and @minimaxir
| David Dayen / American Prospect: |
A look at a letter from March by four GOP and four Democratic House members discouraging the SEC from probing crypto firms; five had donations from FTX staff — The Securities and Exchange Commission was seeking information from collapsed cryptocurrency exchange FTX earlier this year …
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CryptoPotato, Pluralistic, crypto.news, and The Block
Tweets: @reptomemmer, @ddayen, @melissaleecnbc, @mdudas, @_waleedshahid, @mc_of_a, @doombergt, @ddayen, @maxnesterak, @rdmwrites, @doctorow, @smtuffy, @justicedems, and @ddayen
| Sarah Krouse / Wall Street Journal: |
Bob Iger returns to a more competitive and challenging streaming landscape and should steer Disney+ to profitability without cannibalizing Disney's other units — Incoming CEO championed Disney+, but needs to steer streaming business toward profitability without cannibalizing other Disney units
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Laptop Mag, Android Central, TechSpot, Game Rant, The Streamable, and Tom's Guide. Tweets: @trengriffin
| Stephen Gandel / New York Times: |
FTX sister firm Alameda paid $11.5M for control of a small WA-based US-licensed bank, raising questions about why federal regulators approved the deal — Through a subsidiary, FTX invested $11.5 million in the parent company of Farmington State Bank, which has a single branch and, until this year, just three employees.
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PYMNTS.com and Bloomberg
Tweets: @trengriffin, @jbarro, @blmckean, @mcelarier, @hhunter_us, @nytimes, @mikeburgersburg, @mayazi, and @iankar_
| Manish Singh / TechCrunch: |
Amazon will phase out Academy, an Indian edtech service launched in 2021 to help students prepare for admission to engineering colleges, starting August 2023 — Amazon will be shutting down Amazon Academy, an online learning platform it launched in India for high-school students last year, the company said Thursday.| Max Seddon / Financial Times: |
Sources: Yandex seeks Putin's assent for restructuring, including selling its Russian business and spinning off key global projects in edtech and other sectors — Yandex, the company often described as “Russia's Google”, is seeking Vladimir Putin's blessing to sell its operations in the country … | Matthew Yglesias / Slow Boring: |
The US Fed raising interest rates faster than expected is driving the crypto crash, tech layoffs, and more, as companies value “money now” over long-term bets — Higher interest rates drive the Bitcoin crash, tech layoffs, and everything else| Nikhilesh De / CoinDesk: |
SBF claims FTX had ~$60B in collateral in spring 2022, before a credit squeeze, market selloff, and “run on the bank” reduced it to $9B and led to bankruptcy — The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
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Cointelegraph, New York Times, Quartz, CoinGape, New York Post, Blockworks, The Block, TheStreet, The Block, Ethereum World News, Crowdfund Insider, Cryptopolitan, Watcher Guru, Insider, The Guardian, and Waivly
Tweets: @sbf_ftx, @andrewrsorkin, @lizrhoffman, @lizrhoffman, @nic__carter, @jordanschachtel, @coffeebreak_yt, @caspiancey, @topshotfund, @layahheilpern, @davidsacks, @lucasbagnocv, @jamespoulos, @mhonkasalo, @canteringclark, @saifedean, @batsoupyum, @davidzmorris, @adamscochran, @johnedeaton1, @lizrhoffman, @crypto_bitlord7, @amasad, @johnnyp135dfs, @milessuter, @futurenomics, @satsdart, @investmentshulk, @neiljacobs, @ldrogen, @ercwl, @davidbelle_, @rnr_0, @alexhern, @inartecarlodoss, @andy8052, @caspiancey, @thormaximalist, @smtuffy, @macrocephalopod, @longshorttrader, @iamdcinvestor, @austen, @thormaximalist, @billym2k, @lynaldencontact, @nic__carter, @wallstreetsilv, @stackersatoshi, @wublockchain, @thecryptomars, @lilmoonlambo, @doombergt, @wallstreetsilv, @iamdcinvestor, @iamdcinvestor, @iamdcinvestor, @zerohedge, @doombergt, @lizrhoffman, @lizrhoffman, @nlw, @amasad, @maxboonen, @smtuffy, @alistairmilne, @carnage4life, @renato_mariotti, @wublockchain, @frances_coppola, @jgreco, @carnage4life, @j_dot_j, @austen, @mdudas, @trader1sz, @silvermanjacob, @mdudas, @johnedeaton1, @adamscochran, @autismcapital, and @adamscochran
| Ken Sweet / Associated Press: |
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Wall Street Journal, Wall Street Journal, New York Times, The Block, Vox, crypto.news, Ars Technica, Bitcoin News, Blockworks, Coinspeaker, and Forkast
Tweets: @davidreevely, @jacqmelinek, @reuters, @ryan_browne_, and @tbr90
| Moneycontrol: |
Prosus valued its 9.67% stake in Byju's at $578M at the end of Q3 2022, implying Byju's total value to be $5.9B; Byju's was valued at $22B in October 2022 — Although Prosus' accounting entry implies that it values Byju's at $5.9 billion, experts say that different shareholders may value a private company differently in their books.
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VCCircle, Business Today, The Financial Express, YourStory, The Statesman, The Morning Context, Inc42 Media, and The Economic Times
Tweets: @chandrarsrikant and @deepsekharc
| AJ Vicens / CyberScoop: |
In its Q3 Adversarial Threat Report, Meta attributes a pro-US campaign to US military-run phony Facebook accounts, Pages, Groups, and Instagram accounts — People associated with the U.S. military were behind dozens of phony Facebook accounts, more than a dozen pages, a pair of groups …
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BBC, Washington Post, SC Media, BleepingComputer, Tech Monitor, WinBuzzer, The Record, The Hill, SecurityWeek, Infosecurity, and CNN
Tweets: @vatsrishap, @benimmo, @guyro, @lukolejnik, @ivanastradner, @joetidy, @benimmo, @davidagranovich, @nakashimae, @evaristegal0is, and @davidagranovich
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