Techmeme
December 2, 2022, 12:30 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple ramps up work on a mixed-reality headset, set to launch as early as 2023, and renames its OS from realityOS to xrOS, short for “extended reality”  —  Apple Inc. is ramping up work on a mixed-reality headset, its first major new product category since the Apple Watch …
Newley Purnell / Wall Street Journal:
Ye's Twitter account is suspended after he tweeted a picture of a swastika merged with a Star of David; Elon Musk replied, saying he violated Twitter rules  —  West, who goes by Ye, recently had his account restored after being banned in October  —  Kanye West Offers to Buy Parler Amid Backlash Over Anti-Semitic Posts
Financial Times:
Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader's MobileCoin trade went bad, wiping out Alameda's 2021 profits  —  Alameda Research sustained up to $1bn loss last year when client's trade on obscure token went sour  —  Hedge fund Alameda Research stepped …
Patience Haggin / Wall Street Journal:
Sources: Twitter offers advertisers generous incentives, including matching $500K to $1M in spending in 2022, in a bid to jump start its faltering business  —  Advertisers booking at least $500,000 in incremental spending would be matched, up to a $1 million cap  —  Elon Musk Says Twitter Bankruptcy Is a Possibility.
Derek Thompson / The Atlantic:
A look at some implications for generative AI: “answer engines” replacing search engines, AI mastering cognitive tasks by surveilling how experts work, and more  —  This is Work in Progress, a newsletter by Derek Thompson about work, technology, and how to solve some of America's biggest problems.
Frederic Lardinois / TechCrunch:
AWS launches Application Composer, a low-code tool for visually designing and building serverless applications with a drag-and-drop interface  —  At its re:Invent conference today, AWS announced the launch of AWS Application Composer, a new low-code tool for visually designing and building serverless applications.
Anil Ananthaswamy / Nature:
DeepMind unveils DeepNash, an AI agent that matches human experts in the board game Stratego by combining game theory and model-free deep reinforcement learning  —  Anil Ananthaswamy is the author of Through Two Doors at Once, among other books.  His next is on the mathematics of machine learning.
Marco Quiroz-Gutierrez / Fortune:
Stripe debuts a customizable fiat-to-crypto payments widget for Web3 devs to directly embed into their apps; Stripe to handle KYC checks, fraud, and compliance  —  Payments processing company Stripe on Thursday announced a so-called “fiat-to-crypto on-ramp” to make payments easier for Web3 companies.
Natasha Mascarenhas / TechCrunch:
Sources: BloomTech, previously Lambda School, is cutting half of staff, or an estimated 88 employees, its third round of known layoffs since the pandemic began  —  A little over a year after buzzy coding bootcamp Lambda School rebranded as Bloom Institute of Technology …
Darrell Etherington / TechCrunch:
Parler's owner says it “has mutually agreed with Ye to terminate the intent of sale of Parler”, after announcing the deal in October  —  Despite a joint statement between Ye (fka Kanye West) and Parler in October noting that the two had reached an agreement for the rapper to buy …
Olaf Storbeck / Financial Times:
The trial of three Wirecard executives has begun, seeking to understand how the €24B startup imploded in June 2020, one of the largest frauds in German history  —  A panel of Munich judges will from Thursday begin dissecting one of the biggest frauds in German history
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.
Bloomberg:

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
How you can grow your business with Zoho One  —  Zoho One is a comprehensive business suite, giving businesses the scalability, stability, security, and features they need for smooth operations.
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
Thu. 11/14 - The FBI (!) Investigating Polymarket
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:30 PM ET, December 2, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Olivia Solon / Bloomberg:
Michael Sheetz / CNBC:
Tony Romm / Washington Post:

Earlier Picks

James Hale / Tubefilter:
Insider: