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December 2, 2022, 8:40 PM
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| 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 …
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Forbes, SlashGear, CryptoSlate, Ethereum World News, CoinDesk, and CryptoPotato
| 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 …
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Bloomberg, CoinDesk, The Information, PYMNTS.com, Fortune, SiliconANGLE, International Business Times, Reuters, Cointelegraph, CoinGape, Decrypt, and The Block
Tweets: @timevalueofbtc, @trengriffin, and @allyversprille
| 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 …
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Android Developers Blog, The Keyword, 9to5Google, 9to5Google, Insider, BGR, ZDNet, NDistinct Chatter, MobileSyrup, PCMag, Engadget, Android Authority, xiaomiui, Android Central, MacRumors, Gizmodo, iPhone in Canada Blog, AppleInsider, Thurrott, iMore, The Verge, Phone Scoop, Droid Life, Android Authority, XDA Developers, and Android Police
Tweets: @liliputingnews, @google, and @mishaalrahman
| Aidan Ryan / The Information: |
Sources: ex-FTX US President Brett Harrison is raising money for a startup to build crypto trading software for big investors, seeking $6M at a $60M valuation — Brett Harrison, the former president of FTX's U.S. arm, is trying to raise money for a new crypto startup focused …
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PYMNTS.com, Insider, Bloomberg, Wall Street Journal, The Block, CoinDesk, and Reuters
| 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
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Tweets: @elonmusk, @drewharwell, @popehat, @ericgoldman, @elonmusk, @realsaavedra, @elonmusk, @rvawonk, @lrozen, @realbrysongray, @mtracey, @iansherr, @bendreyfuss, @nexta_tv, @heerjeet, @edzitron, @zsk, @kt_so_it_goes, @ronpaulinstitut, @artemr, @mmasnick, @populismupdates, @naija_pr, @catturd2, @jessefferguson, @autismcapital, @adamwagner1, @iightworks, @junlper, @tomwarren, @tiffanyfong_, @studentactivism, @antsstyle, @partisangirl, @david_leavitt, @conoraon, @uncledoomer, @reckless, @mattsteinglass, @piersmorgan, @louispeitzman, @mtracey, @drmistercody, @noupside, @nickmartin, @joshtpm, @carnage4life, @mtracey, @rpsagainsttrump, @bborrman, @hodgetwins, @ericnewcomer, @mattxiv, @populismupdates, @jolyonrubs, @sakitechonline, @villagemagire, @ifnotnoworg, @mattnavarra, @edzitron, @angela4lncchair, @atrupar, and @elonmusk
| 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.
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Canada NewsWire Group, Blockworks, CoinDesk, The Daily Hodl, CoinGape, Reuters, crypto.news, Bitcoinist.com, Ethereum World News, The Information, Bloomberg, Decrypt, CryptoPotato, and CryptoSlate. Tweets: @novogratz
| Jonathan Vanian / CNBC: |
Amazon's senior VP of global media and entertainment Jeff Blackburn will leave in early 2023; Blackburn left Amazon in February 2021 and rejoined in May 2021 — - Blackburn will remain at the company through early 2023 to “ensure a smooth transition.” — Blackburn joined Amazon in 1998 …
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About Amazon, Bloomberg, The Verge, GeekWire, Deadline, The Information, Reuters, and Variety. Tweets: @amazonnews
| 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.
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Tweets: @zoeschiffer, @zoeschiffer, @b52malmet, @peterwsinger, @bgrueskin, @jamesvgrimaldi, @zoeschiffer, @newley, and @astaniscia86
| 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.| 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 …
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Anduril Blog, Crunchbase News, SiliconANGLE, and Axios
Tweets: @ktmboyle, @eladgil, @westcoastbill, @originalspin, and @ingridlunden
| Reuters: |
A US judge dismisses an indictment against Huawei CFO Meng Wanzhou, formally ending a criminal sanctions case that strained US-China relations — A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies Co [RIC:RIC:HWT.UL] …
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