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Techmeme
December 2, 2022, 5:55 PM
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Top News

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 …
CNBC:
Filing: DOJ requests the appointment of an independent examiner to probe “substantial and serious allegations of fraud, dishonesty” that led to FTX's bankruptcy  —  - FTX's bankruptcy case demands an independent review, the Department of Justice said, because of allegations …
Ivan Mehta / TechCrunch:
Google says it is testing end-to-end encryption for RCS-based group chats on its Messages app  —  Google said today it is testing end-to-end encryption for RCS-based group chats on its Messages app — RCS stands for Rich Communication Services.  The company noted that it will be rolling …
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
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.
Adam Morgan McCarthy / The Block:
Mike Novogratz's Galaxy Digital agrees to buy high-security custodian GK8 from bankrupt crypto lender Celsius; Celsius acquired GK8 for $115M in late 2021  —  - Mike Novogratz's Galaxy Digital agreed to buy GK8 from Celsius.  — GK8 was originally acquired by Celsius for $115 million in late 2021.
Richard Waters / Financial Times:
Palmer Luckey's Anduril, which builds autonomous systems for the US military, raised nearly $1.5B at a $7B pre-money valuation, up from $4.2B in June 2021  —  Second-biggest venture capital round of the year in the US values company at $7bn  —  Defence technology start-up Anduril …
New York Times:
China is using phone trackers and other tools to track protestors, the first time mass surveillance has been directed at middle-class people in affluent cities  —  After a weekend of protests, the authorities in China are using the country's all-seeing surveillance apparatus to find those bold enough to defy them.
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.

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This is a Techmeme archive page. It shows how the site appeared at 5:55 PM ET, December 2, 2022.

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From Mediagazer

David Folkenflik / NPR:
Source: more than 75,000 Washington Post digital subscribers have cancelled their subscriptions following Jeff Bezos' overhaul of the paper's opinion section

New York Times:
Sources: VOA's parent opened probes into VOA journalists for reporting on criticism of Trump or for comments seen as critical; Steve Herman was placed on leave

CNN:
A TASS journalist gained access to Trump's meeting with Zelensky, even as AP and Reuters were barred; the White House says he was unauthorized and escorted out

More News

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
Olivia Solon / Bloomberg:
TikTok and Bumble plan to use StopNCII.org's database of hashes of nude images and videos to block revenge porn; Meta has been using it since last year
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

Earlier Picks

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
Michael Sheetz / CNBC:
SpaceX gets FCC approval to deploy up to 7,500 next-generation Starlink internet satellites in low Earth orbit; SpaceX had applied for nearly 30K satellites
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
James Hale / Tubefilter:
Discord renames Premium Memberships as Server Subscriptions and makes them available for all US creators; Discord will take a 10% cut of subscriptions
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