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December 6, 2022, 2:25 PM
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| Matt Levine / Bloomberg: |
Unpacking the 2022 crypto credit crisis and its parallels with the 2008 financial crisis by analyzing Three Arrows Capital's collapse, FTX's implosion, and more — The crypto financial crisis of 2022 — Apparently the way it works is that if you blow up a big crypto firm …
More:
The Block, ZyCrypto, and Bitcoinist.com
| Financial Times: |
A spreadsheet SBF used in November claims nearly 500 alleged VC investments by Alameda, including in Circle, Genesis, Sky Mavis, Paxos, StarkWare, and Anchorage — A look inside Sam and Caroline's grab-bag of crypto, etc. — As well as running a crypto exchange that didn't exchange crypto …
More:
CoinGape. Tweets: @lawmaster, @lordnarfz0g, @katie_martin_fx, @johnedeaton1, @iamdcinvestor, @ishanb22, @forculus, @mattwalshinbos, @0xmert_, @ldrogen, @ldrogen, @tophcoins, @drnicka, @timccopeland, @george_harrap, @arthur_0x, @tree_of_alpha, @tradermercury, @whalecointalk, @gf_256, @wublockchain, @brhnkcby61, @mayazi, @adamscochran, @adamscochran, @lawmaster, @jackfarley96, @altcoingordon, @blockworks_, @kadhim, @tier10k, @tier10k, and @defiyst
| Joshua Oliver / Financial Times: |
More:
SEC.gov, The Block, U.S. Senator John Kennedy, and The Block
Tweets: @katie_martin_fx, @eliotwb, @eliotwb, @hkanji, @jcoviedo6, and @eliotwb
| Aaron Holmes / The Information: |
Sources: Microsoft recently considered building a “super app” that would combine shopping, messaging, search, news, and other services, inspired by WeChat — Microsoft recently considered building a “super app” that could combine shopping, messaging, web search …
More:
MacRumors, PYMNTS.com, Android Police, AppleInsider, iThinkDifferent, Reuters, The Verge, and 9to5Mac
Tweets: @martinsfp, @mhbergen, @aaronpholmes, @gregbensinger, @nihalmehta, and @shiraovide
| Jon Porter / The Verge: |
Google brings continuous scrolling to desktop search in English in the US, loading six pages of results, after a similar change on mobile in October 2021 — Google's search results on desktop will load in a continuous scroll instead of dividing into pages, the company has announced.
More:
9to5Google, Search Engine Land, TechCrunch, XDA Developers, Thurrott, WinBuzzer, Macworld, Pocket-lint, BigTechWire, Digit, SlashGear, Search Engine Roundtable, Engadget, SamNews 24, and BGR
Tweets: @google, @carnage4life, @bdsams, @thevunderkind, @moraitakis, @sub8u, and @tonyw
| Adi Robertson / The Verge: |
Meta's Oversight Board releases a report on the controversial cross-check moderation system, citing “shortcomings” and calling for “radically” more transparency — Meta's Oversight Board has released an in-depth report on Facebook and Instagram's controversial cross-check system … | Financial Times: |
TSMC plans to more than triple its Arizona investment to $40B, building a fab for 3nm chips, set to open in 2026, and making 4nm chips in its fab for 5nm chips — President Biden to hail Taiwanese chipmaker's second plant as boost for US manufacturing — Taiwan Semiconductor Manufacturing Company …
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CNBC, The Register, Wall Street Journal, SiliconANGLE, Barron's Online, Tom's Hardware, MarketWatch, Reuters, New York Times, 9to5Mac, Arizona Republic, AppleInsider, iMore, Total Telecom, Wall Street Journal, Bloomberg, Nikkei Asia, The Hill, HPCwire, VentureBeat, Phoenix Business Journal, and Appuals.com
| Mark Gurman / Bloomberg: |
Apple expands the pricing options for subscription app developers by 700 price points, from $0.29 to $10K, the top 100 of which are available only upon request — Apple Inc. is changing the pricing structure for the App Store to let developers charge a wider range of amounts …
More:
Apple, 9to5Mac, MacRumors, CNET, TechCrunch, AppleInsider, iDownloadBlog.com, BGR, Cult of Mac, iPhone in Canada Blog, and iClarified
Tweets: @elkmovie, @benbajarin, @asymco, @rsgnl, and @rjonesy
| Tim Hardwick / MacRumors: |
Apple launches its Self Service Repair program in Belgium, France, Germany, Italy, Poland, Spain, Sweden, and the UK, the first expansion outside the US — Apple today announced it has launched its self-service repair program in Europe, extending the program beyond the United States for the first time.
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Apple, TechCrunch, Macworld, The Guardian, BBC, Appleosophy, PCMag, TechSpot, TechRadar, ZDNet, Wccftech, iPhone Hacks, iPhone in Canada Blog, AppleInsider, Redmond Pie, City A.M., Cult of Mac, Tom's Hardware, Pocket-lint, BetaNews, Neowin, XDA Developers, The Mac Observer, The Verge, Bloomberg, iDownloadBlog.com, WinBuzzer, T3, Patently Apple, 9to5Mac, and Engadget. Tweets: @waxeditorial
| Brad Smith / Wall Street Journal: |
Microsoft's president discusses the FTC reportedly blocking the Activision Blizzard acquisition and says the company offered Sony a 10-year Call of Duty deal — Far from harming competition, it'll allow us to compete against more powerful companies through innovation.
More:
CNBC, Coinspeaker, MSPoweruser, Pocket-lint, TrueAchievements, KitGuru, FOSS Patents, Gameranx, Push Square, TechSpot, Wccftech, and OnMSFT.com
Tweets: @bradsmi, @charlieintel, @profwrightgmu, @parismarx, @cwaunion, @logmey92, @carlquintanilla, @jongraywb, and @uniglobalunion
| Josh Eidelson / Bloomberg: |
The NLRB finds that Apple illegally interfered with union organizing in Atlanta by interrogating workers, making them attend anti-union meetings, and more — US labor board prosecutors have determined that Apple Inc. violated federal law by interrogating and coercing employees in Atlanta … | Sam Kessler / CoinDesk: |
After criticism from users, ConsenSys revises MetaMask's data collection practices, including stopping logging IP addresses directly alongside transaction data — ConsenSys clarified its data sharing practices and said it will rebuild MetaMaks' settings page to address user concerns.
More:
ConsenSys, The Block, Blockworks, Fortune, Decrypt, crypto.news, CryptoSlate, Cointelegraph, and CoinGape
Tweets: @metamask, @danfinlay, @metamask, @consensys, @wublockchain, @consensys, and @metamask
| Reuters: |
Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after FTX's collapse hit valuations and dampened investor interest — Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse …
More:
CoinDesk, Finextra, Crypto Now, MEXC Global Blog, NewsBTC, Coinspeaker, crypto.news, PYMNTS.com, CryptoPotato, and Cointelegraph
Tweets: @epro, @thousandbtc, @pastore1314, and @0x_malcolm
| Sam Schechner / Wall Street Journal: |
Sources: EU privacy regulators rule that Meta's TOS should not require that users agree to personalized ads based on their online activity; Meta can appeal — EU privacy regulators say Facebook and Instagram shouldn't use their terms of service to require users to accept ads based on their digital activity
More:
PYMNTS.com, The Information, Engadget, noyb.eu, TechCrunch, Reuters, Reuters, Brookings, and edpb.europa.eu
| Steven Levy / Wired: |
A look at Tony Fadell's new Ledger Stax crypto hardware wallet with an E Ink touchscreen, manufactured by Foxconn for Ledger and debuting on December 6 for $279 — The product guru made Ledger's new hardware wallet—a tiny vault for digital cash—flashy and fun. Plus, with this gadget you'll never get FTX'd.
More:
CoinDesk, Reuters, TechCrunch, The Week, iPhone in Canada Blog, Ledger, Fortune, Ethereum World News, The Block, Cointelegraph, CNBC, Bitcoin Magazine, and CoinGape
Tweets: @tfadell, @ledger, @ledger, @ledger, and @stevenlevy
| Rachael Levy / Reuters: |
Sources: the US Department of Agriculture is investigating Neuralink for potential animal welfare violations after staff complaints over rushed animal testing — Elon Musk's Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations amid …
More:
Ars Technica, TheStreet, MarketWatch, Gizmodo, Insider, The Hill, MobileSyrup, The Verge, The Information, Newser, Fortune, Forbes, CoinGape, Sky News, Daily Mail, and Digit
Tweets: @rachael_levy, @marionawfal, @thephilosotroll, @green_footballs, @realspikecohen, @paraschopra, @avi_bueno, @ct_bergstrom, @robertskvarla, @mattbinder, @bradheath, @ct_bergstrom, @rachael_levy, @rafaelshimunov, @wallstreetbets, @rafaelshimunov, @unusual_whales, @reuters, @mattbc, @parismarx, @avi_bueno, @shalingala, @politicussarah, and @jasonleopold
| Jon Swartz / MarketWatch: |
Meta threatens to consider removing news from its apps if Congress passes Senator Klobuchar's “ill-considered” Journalism Competition and Preservation Act — Bill would allow news organizations to band together to negotiate for a larger share of online advertising revenue
More:
Washington Post, Financial Times, The Verge, Axios, Wall Street Journal, SlashGear, @cjschexnayder@journa.host, Reuters, BBC, Techdirt, PetaPixel, San Francisco Business Journal, and Coinspeaker
Tweets: @andymstone, @keachhagey, @badams, @econliberties, @evan_greer, @mattyglesias, @dicktofel, and @ewerickson
| Mark Gurman / Bloomberg: |
Sources: Apple scales back ambitious self-driving plans for its electric vehicle, now delayed to 2026 with a design that includes a steering wheel and pedals — Apple Inc. has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car's target launch date … | Financial Times: |
Sources: the UK Treasury finalizes expanded crypto regulation plans, including letting the FCA restrict how companies run and advertise, after FTX's implosion — Implosion of FTX injects fresh urgency into government's pledge to impose order — The Treasury is finalising plans for a package …
More:
CoinDesk, Bitcoinist.com, The Block, Cointelegraph, ExchangeWire.com, crypto.news, and Bloomberg
Tweets: @matthewstoller and @martincloake
| Sam Altman / @sama: |
OpenAI CEO Sam Altman says ChatGPT crossed 1M users in five days and the company will monetize the tool eventually as the compute costs are “eye-watering” — ChatGPT launched on wednesday. today it crossed 1 million users!
| John Seabrook / New Yorker: |
How a young generation of musicians use TikTok, amassing huge followings but making little money, while some older musicians remain opposed to the platform — The social-media platform is transforming the music industry. Is that a good thing? … In December, 2020, after spending nine months … | Mary Ann Azevedo / TechCrunch: |
Robinhood opens a waitlist for Robinhood Retirement, claiming zero minimums and the “first and only” IRA with a 1% match on every eligible dollar contributed — Fintech says its will offer a 1% match on every eligible dollar contributed to its IRAs — Retail trading app Robinhood is entering the retirement game.
More:
Bloomberg, Associated Press, Fortune, Under the Hood, FinSMEs, and Crowdfund Insider
| Wall Street Journal: |
Sources: the US-TikTok national security deal faces further delays as US officials fret over the app's risks; both sides agree Oracle will host TikTok's US data — U.S. officials say popular social-media platform poses a range of security concerns — WASHINGTON—A potential deal between …
More:
National Review, Associated Press, The Hill, and Journal Sentinel
Tweets: @stuwoo and @drewharwell
| Pranav Dixit / BuzzFeed News: |
Some laid-off tech workers on H-1B visas from Meta, Shopify, Twitter, and other tech companies say their employers did not provide adequate immigration support — Some former tech employees on work visas in the US are experiencing an existential crisis: “Is it worth staying here for a job and country that doesn't care about you?”| Sergiu Gatlan / BleepingComputer: |
Rackspace confirms a ransomware attack is behind an ongoing outage to its hosted Microsoft Exchange services but says its other products are fully operational — Texas-based cloud computing provider Rackspace has confirmed today that a ransomware attack is behind its ongoing Hosted Exchange outage.
More:
PCMag, Tech Monitor, CRN, Rackspace Technology, TechCrunch, Cybersecurity Dive, Barron's Online, TechRadar, and SecurityWeek
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Defense Innovation Unit, SiliconANGLE, Kodiak, FreightWaves, TechCrunch, Forbes, and Kodiak Robotics. Tweets: @kylebrussell
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Tweets: @tomwarren and @mattnavarra