Techmeme
December 1, 2022, 12:40 AM

Top News

New York Times:
A video and live blog of Sam Bankman-Fried being interviewed by Andrew Ross Sorkin at the New York Times' DealBook Summit, covering FTX, Alameda, and more  —  FTX, the crypto exchange Mr. Bankman-Fried founded, declared bankruptcy this month in a failure that wiped out billions of investor dollars.
David Z. Morris / CoinDesk:
As FTX collapsed, mainstream news organizations often failed to give a straightforward assessment of exactly what happened and potential crimes involved  —  Sam Bankman-Fried is a con man and fraudster of historic proportions.  But you might not learn that from the New York Times …
Gregory Zuckerman / Wall Street Journal:
Financial Times:
Juli Clover / MacRumors:
Elon Musk says he met with Tim Cook at Apple's HQ on Wednesday, and that Cook was clear that Apple “never considered” removing Twitter from the App Store  —  Twitter CEO Elon Musk today met with Apple CEO Tim Cook at the Apple Park campus in Cupertino, California, according to a tweet shared by Musk this afternoon.
CNBC:
Salesforce says Bret Taylor will step down as vice chair and co-CEO on January 31, 2023, and Marc Benioff will stay on as chair and CEO  —  - Observers viewed Bret Taylor as a possible successor for Marc Benioff, Salesforce's iconic co-founder.  — It's the second time in less than three years …
Sara Fischer / Axios:
Mark Zuckerberg says Apple's policies that let the company unilaterally control which apps can be installed are not sustainable and cause a conflict of interest  —  Meta CEO Mark Zuckerberg on Wednesday added to the growing chorus of concerns about Apple, arguing that it's …
Sergiu Gatlan / BleepingComputer:
LastPass says customer data was accessed after hackers breached its third-party cloud storage shared with parent GoTo using info stolen in an August 2022 breach  —  LastPass says unknown attackers breached its cloud storage using information stolen during a previous security incident from August 2022.
Danny Nelson / CoinDesk:
US crypto exchange Kraken plans to lay off 1,100 people, or 30% of its workforce, citing a need to “adapt to current market conditions”  —  The crypto exchange is laying off 1,100 people, sending its headcount back 12 months.  —  Crypto exchange Kraken said Wednesday …
Will Douglas Heaven / MIT Technology Review:
OpenAI releases a demo of ChatGPT, a chatbot version of GPT-3 that answers follow-up questions, admits its mistakes, challenges incorrect premises, and more  —  A chatbot version of GPT-3 that admits its mistakes is more transparent than the original.  But it's still not perfect.
Carly Page / TechCrunch:
Google says Barcelona-based spyware vendor Variston planted spyware by exploiting zero-day flaws in Chrome, Firefox, and Windows between 2018 and 2022  —  A Barcelona-based company that bills itself as a custom security solutions provider exploited several zero-day vulnerabilities in Windows …
Ashlee Vance / Bloomberg:
Musk says Neuralink expects human trials to begin in about six months pending FDA approval, and unveils work on implants to treat paralysis and improve vision  —  Elon Musk's Neuralink Corp. aims to start putting its coin-sized computing brain implant into human patients within six months …
Wall Street Journal:
How Twitter users in China have been circumventing the nation's Great Firewall and fighting spam to get footage of protests out to the rest of the world  —  Chinese users employ VPNs to get videos and images out of the country, while fighting spam  —  Why Tesla's China Ties Could Be a Problem for Twitter
Manish Singh / TechCrunch:
The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points  —  European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …
Juliana Liu / CNN:
Chinese state media: a five-day COVID lockdown in Zhengzhou, home of Foxconn's “iPhone City”, has been lifted; an analyst says disruptions cost Apple ~$1B/week  —  Hong Kong CNN Business —  The central Chinese city of Zhengzhou, home to the world's largest iPhone factory …
Jackie Davalos / Bloomberg:
Memo: DoorDash plans to lay off around 1,250 employees, aiming to curb expenses; sources say that represents around 6% of its workforce  —  DoorDash Inc. is cutting about 1,250 jobs to rein in expenses, acknowledging that a rapid expansion during the pandemic boom has led to mounting losses.

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Earlier Picks

Annie Lowrey / The Atlantic:
Olivia Carville / Bloomberg:
Ariel Shapiro / The Verge:
Emily Nicolle / Bloomberg: