Techmeme
December 9, 2022, 10:30 AM

Top News

Kurt Wagner / Bloomberg:
Julia Shapero / The Hill:
Bari Weiss releases “Twitter Files Part Two”, sharing images of accounts that Twitter allegedly put on “blacklists” and screenshots of internal Slack messages  —  Former New York Times columnist Bari Weiss released the second installment of the “Twitter Files” …
Nick Turner / Bloomberg:
Elon Musk says Twitter is working on an update that will show users if they've been “shadowbanned”, the reason why, and how to appeal  —  Twitter Inc. owner Elon Musk, continuing a shake-up of the platform he acquired in October for $44 billion, said the company will begin telling users …
The Washington Post:
The FTC sues to block Microsoft's $69B Activision Blizzard acquisition, charging that the deal announced in January may suppress Microsoft's gaming competitors  —  Lawsuit marks Lina Khan's most significant effort to date to address tech industry consolidation, and it could upend Microsoft's gaming ambitions
Matthew Goldstein / New York Times:
SBF agrees to testify before a House committee on December 13 but remains quiet about a request from a Senate committee, which could issue a subpoena  —  The FTX founder said on Twitter he would appear before a House committee next week, but was quiet about a similar request from a Senate committee.
Emily Nicolle / Bloomberg:
As US prosecutors reportedly investigate whether FTX and Alameda orchestrated LUNA and UST's collapse, a look at the timeline of events and potential evidence  —  The latest twist in the downfall of crypto maven Sam Bankman-Fried is prompting a reexamination of the implosion …
Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia's largest crypto exchanges, cuts 40%+ of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia's leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …
Tim Bradshaw / Financial Times:
Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B, and sources say Gorillas alone at ~$1.2B  —  Combined group worth $10bn represents a fall in valuation as investors turn against lossmaking tech start-ups
Chelsey Cox / CNBC:
The SEC asks US public companies to disclose to investors their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”  —  - The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.
Alex Heath / The Verge:
Q&A with Epic CEO Tim Sweeney on his crusade to break Apple's App Store power, which he says is increasingly a problem of free speech and not just business  —  Sweeney says he's willing to go to the Supreme Court to fight Apple's control of the App Store.  But first, he's hoping Congress will act before it's too late.

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