Techmeme
December 6, 2022, 12:10 PM

Top News

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 …
Joshua Oliver / Financial Times:
Filing: US bank Silvergate confirms processing wire transfers for traders on Alameda, claiming to have conducted “extensive due diligence” on FTX and Alameda  —  Federal Reserve-regulated company says it performed ‘significant due diligence’ on FTX and Alameda Research
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.
Rebekah Valentine / IGN:
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.
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 …
Aaron Holmes / The Information:
Sources: Microsoft recently considered building a “super app” combining shopping, messaging, search, news, and other services, drawing inspiration from WeChat  —  Microsoft recently considered building a “super app” that could combine shopping, messaging, web search …
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 …
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.
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 …
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 …
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 …
Sam Altman / @sama:
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
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.
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
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.
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 …
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  —  Officials and executives had hoped for year-end deal to address national-security concerns over social-media platform
Manish Singh / TechCrunch:
Telegram CEO Pavel Durov says Telegram Premium passed 1M subscribers since its June 2022 launch; the monthly subscription costs $5 in the US and £5 in the UK  —  Telegram Premium has amassed over 1 million subscribers, less than six months after the popular instant messaging app launched …

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro (experimental) is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
Zoho CRM for Everyone - No More Missed Customers  —  Evolution is the secret of survival; everything that thrives in the world operates by that principle.  Animals, people, technology, products, businesses—and software, too.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Great Chat:
Are VC jobs truly AI Proof? (Marc thinks so)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Techmeme Ride Home:
(Bonus) World Cup Of Entrepreneurs Part 1
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Lenny's Podcast:
How Revolut trains world-class product managers: The "local CEO" model, raw intellect over experience, and a cultural obsession with building wow products | Dmitry Zlokazov (Head of Product)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Uncapped with Jack Altman:
Qasar Younis from Applied Intuition
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Azeem Azhar's Exponential View:
China's catching up to US AI... Here's why it won't matter
Azeem Azhar explores how AI and exponential technologies are shaping our future.
Subscribe to Azeem Azhar's Exponential View.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:10 PM ET, December 6, 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

Earlier Picks

Pranav Dixit / BuzzFeed News:
Kenrick Cai / Forbes: