Techmeme
December 14, 2022, 10:50 PM

Top News

Bloomberg:
Twitter suspends ~30 accounts sharing private jets' locations via public data, including @ElonJet, which Elon Musk had said he wouldn't ban for tracking his jet  —  Twitter Inc. has suspended multiple accounts that track the locations of private jets using publicly available flight data …
More: Washington Post, BuzzFeed News, Wall Street Journal, TechCrunch, CNBC, CNN, Reuters, Semafor, Ars Technica, Engadget, @JxckS@mastodon.social, Rolling Stone, Gizmodo, VICE, Techdirt, Associated Press, @elonjet@mastodon.social, @anthony@journa.host, The Shortcut, Mashable, Insider, Variety, @BGrueskin@journa.host, @SarahBCalif@awscommunity …, @mmasnick@mastodon.social, @xor@tech.intersects.art, @anthony@journa.host, SlashGear, @mmasnick@mastodon.social, TechSpot, iPhone in Canada Blog, Newser, @emptywheel@mastodon.social, and @anthony@journa.host
Ryan Mac / New York Times:
Twitter updates its private information and media policy with new rules, including suspending accounts “dedicated to sharing someone else's live location”  —  The suspended accounts include one that followed the private plane of Elon Musk, Twitter's owner.
William Turton / Bloomberg:
The US DOJ starts seizing 48 websites and charges six people for allegedly running “booter” DDoS-for-hire services used to launch millions of attacks globally  —  The US seized dozens of internet domains and charged six people in a sting intended to bring down a network of cyberattack …
Jamie Crawley / CoinDesk:
US Senators Elizabeth Warren (D) and Roger Marshall (R) introduce the Digital Asset Anti-Money Laundering Act, including KYC requirements for wallets and miners  —  The proposal will bring know-your-customer rules to crypto participants such as wallet providers and miners.
Kat Tenbarge / NBC News:
The SEC charges eight influencers with securities fraud, allegedly using Twitter and Discord to manipulate stocks since at least January 2020 in a ~$100M scheme  —  The Securities and Exchange Commission has charged eight influencers with securities fraud, the agency said Wednesday.
Igor Bonifacic / Engadget:
Twitter plans to shut down its newsletter platform Revue and delete all related data on January 18, 2023, after acquiring the company in January 2021  —  One day after Jack Dorsey took to Revue to share his thoughts on the Twitter Files, the company announced it would shut down the newsletter platform early next year.
Bloomberg:
Interviews with dozens of Elon Musk's former employees and partners portray his Twitter as a Shakespearean psychodrama, resulting in something close to disaster  —  It was Day 5 of Elon Musk's riveting, rambunctious takeover of Twitter Inc. The owner and self-proclaimed Chief Twit had spent …
Jay Peters / The Verge:
Tesla rolls out an update, adding support for Steam on 2022 Model S and Model X vehicles or newer with 16GB of RAM, Apple Music, upgraded Light Show, and more  —  Tesla's new “Holiday Update” adds a few long-awaited new features, including the ability to play games from Steam in your car and support for Apple Music.
Matt Levine / Bloomberg:
The SEC sees SBF's “carelessness” argument, after misrepresenting risk management and funneling customer money to Alameda, as a confession, not a fraud defense  —  Oh Sam  —  I.  —  Here is how you run a futures exchange:  — You offer some bets on some propositions, say, whether Bitcoin will go up or down.
Financial Times:
Court filing: FTX Digital Markets co-CEO Ryan Salame told Bahamas' securities commission on November 9 that FTX customer funds were used to cover Alameda losses  —  FTX executive told securities regulator crypto exchange was likely funnelling cash to Alameda trading firm
Meghan Bobrowsky / Wall Street Journal:
As Tesla's stock drops ~60% in 2022, on pace for its worst year on record, investors criticize Elon Musk's involvement in Twitter and his lack of focus on Tesla  —  Supporters of Tesla and Musk are asking questions about who is running the electric-vehicle maker
Bloomberg:
Memo: Changpeng Zhao warns Binance staff to expect a “bumpy” several months but that the exchange “will survive any crypto winter”, after huge user withdrawals  —  Binance Holdings Ltd. Chief Executive Officer Changpeng Zhao warned his colleagues to expect tough months ahead …
Kyle Wiggers / TechCrunch:
EnCharge AI, which offers hardware and software to accelerate AI processing at the edge, emerges from stealth with a $21.7M Series A led by Anzu Partners  —  EnCharge AI, a company building hardware to accelerate AI processing at the edge, today emerged from stealth with $21.7 million in Series …
Wall Street Journal:
Tether plans to stop secured loans issued and denominated in its tether stablecoin at some point in 2023, after WSJ reported on the potentially risky practice  —  The rapid growth of Tether's lending program raised concerns about its ability to meet redemptions in a crisis  —  Created with sketchtool.
Bloomberg:
Despite pledges, FEC filings show AT&T, Amazon, Intel, Comcast, and others quietly restarted donations to Republican election deniers ahead of the 2022 midterms  —  Some of the biggest technology and telecom companies jettisoned pledges made in the wake of the US Capitol assault …
Cat Zakrzewski / Washington Post:
A tech industry group that includes Google and Meta sues to block California's Age-Appropriate Design Code, saying it would result in content “over-moderation”  —  It's the latest legal salvo over the future of social media regulation, an issue that has been appealed to the Supreme Court.
Ingrid Lunden / TechCrunch:
London-based Mews, which offers cloud-based hotel property management tools for reservations and more, raised a $185M Series C at a $865M post-money valuation  —  The Covid-19 pandemic grounded travel and tourism to a halt, but as those sectors pick up speed again, so too are the more promising startups …
More: Bloomberg

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