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December 7, 2022, 5:10 AM
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Top News

Shannon Liao / Washington Post:
Microsoft signs a 10-year deal to bring Call of Duty to Nintendo platforms for the first time, pending FTC approval of its Activision Blizzard acquisition  —  Microsoft has signed a deal to bring the Activision Blizzard-published Call of Duty franchise to Nintendo for the first time …
Mark Gurman / Bloomberg:
Sources: Apple reins in its ambitious self-driving plans for its electric vehicle, delayed to 2026, now with a steering wheel, pedals, and highway-only autonomy  —  Apple Inc. has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car's target launch date …
Kif Leswing / CNBC:
Apple, AMD, and Nvidia have all indicated plans to buy chips from TSMC's planned Arizona fabs, expected to open in 2024 and 2026  —  - Apple CEO Tim Cook spoke at an event in Arizona on Tuesday, ahead of remarks expected by President Joe Biden later in the day, where Cook confirmed Apple will buy chips built in the U.S.
Financial Times:
A spreadsheet SBF used in November lists 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 …
Mark Gurman / Bloomberg:
Apple changes App Store pricing to range from $0.29 to $10K, from $0.49 to $999.99, starting with subscription apps; top 100 prices require Apple's approval  —  Apple Inc. is changing the pricing structure for the App Store to let developers charge a wider range of amounts …
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 …
Shaurya Malwa / CoinDesk:
Facing a large deficit in its treasury, DeFi protocol Sushi proposes diverting fees from the Kanpai protocol and reduces its runway requirement from $9M to $5M  —  Developers proposed to divert 100% of fees generated on the platform to Sushi's multisig for one year or until new tokenomics are implemented.
Gretchen Morgenson / NBC News:
A look at Silvergate, one of the few US banks that let customers move dollars onto crypto exchanges, now drawing congressional scrutiny following FTX's collapse  —  Silvergate is one of the few U.S. banks that let customers move dollars onto crypto exchanges.  FTX and related firms, like Alameda Research, had 20 Silvergate accounts.
Helene Braun / CoinDesk:
Signature Bank plans to reduce its crypto-tied deposits by $8B-$10B to under 15%; as of September 2022, ~23.5% of the bank's $103B deposits came from crypto  —  Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses.
Bloomberg:
Hedge fund Fir Tree Capital sues Grayscale Investments for info on potential mismanagement, as GBTC, down ~74% YTD, trades at a ~43% discount to its BTC's value  —  Fir Tree Capital Management is suing Grayscale Investments for information to investigate potential mismanagement and conflicts …
New York Times:
How Geneva-based developer Proton is waging a sustained fight against Russia's censorship and surveillance campaigns using its VPN tech  —  The cat-and-mouse experience of Proton, a Swiss company, shows what it's like to be targeted by Russian censors — and what it takes to fight back.
William Turton / Bloomberg:
Elon Musk says Twitter's deputy general counsel Jim Baker was “exited”, citing “concerns” over the “suppression of information” related to the “Twitter Files”  —  Jim Baker, Twitter Inc.'s deputy general counsel, was pushed out of the company …
Thomas Claburn / The Register:
Researchers find industrial robot exposure among Chinese workers led to a 7.5% decline in employment, 9% drop in hourly wages, and 14% increase in hours worked  —  Exposed to 'droids?  Symptoms may include disinterest, unemployment, lower pay, along with a bit of depopulation
Nilesh Christopher / Rest of World:
How, in two years, JioMart grew to fulfill 600K grocery deliveries per day in 260 Indian cities, via WhatsApp integration and using Dunzo for last-mile delivery  —  In its first Diwali season, JioMart's daily sales grew by 2.5 times, with the company managing to shed its grocery-only image.
McKinsey & Company:
A survey finds that while 50% of businesses have adopted AI in 2022, 2.5x higher than in 2017, AI adoption has plateaued between 50%-60% for the past few years  —  Adoption has more than doubled since 2017, though the proportion of organizations using AI 1 has plateaued between 50 and 60 percent for the past few years.
Cristiano Lima / Washington Post:
US Congress omits the Journalism Competition and Preservation Act from the defense spending bill, amid intense pushback from industry and advocacy groups  —  Facebook threatened to block news in the U.S. over the measure, which was under consideration as part of a defense package
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:10 AM ET, December 7, 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.

From Mediagazer

Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody

Robbie Whelan / Wall Street Journal:
Disney reports Q4 revenue up 6% YoY to $22.6B, TV network revenue down 6% YoY to $2.5B, and a $321M DTC streaming profit, up from a $387M loss in Q4 2023

Dade Hayes / Deadline:
Disney investor call: Bob Iger says 60% of all new Disney+ subscribers are for the ad tier, and in a hot-mic moment wonders if he should have said the detail

More News

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
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

Earlier Picks

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
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
Sam Kessler / CoinDesk:
After criticism from users, ConsenSys revises MetaMask's data collection practices, including stopping logging IP addresses directly alongside transaction data
Tom Warren / The Verge:
YouTube begins rolling out Twitch-like YouTube Emotes, available in the emoji picker across comment sections and live chats, initially focused on gaming
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
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