Techmeme
December 15, 2022, 1:55 PM

Top News

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.
Bloomberg:
Bloomberg:
Internal FTX documentation shows a GitHub account bearing the name of engineering director Nishad Singh authored code to hide Alameda's ballooning liabilities  —  A GitHub account bearing the name of former FTX executive Nishad Singh authored code that hid Alameda Research's ballooning liabilities …
Financial Times:
Court filing: FTX Digital Markets co-CEO Ryan Salame told The Bahamas' securities commission on November 9 that customer funds were used to cover Alameda losses  —  FTX executive told securities regulator crypto exchange was likely funnelling cash to Alameda trading firm
CNBC:
Bloomberg:
Filing: the DOJ's US Trustee unit names nine creditors to FTX's bankruptcy committee that could shape payout plans, including units from Genesis and Wintermute  —  A unit of digital asset firm Genesis won a spot on an official creditors committee in the FTX bankruptcy, a panel …
Simon Sharwood / The Register:
Microsoft quietly updates its TOS to prohibit crypto mining on Azure and other services without “prior written approval”, citing “disruption or even impairment”  —  Windows giant fears coin crafting may upend its servers  —  UPDATED Microsoft has quietly banned cryptocurrency mining …
Dave Lee / Financial Times:
Tim Peterson / Digiday:
Five agency executives say Netflix is delivering ~80% of the expected viewers for its ad-supported tier and structured its ad deals to release any unspent money  —  For as quickly as Netflix brought its ad-supported tier to market, the streamer's advertising business is off to a slow start.
Mia Sato / The Verge:
Al Weaver / The Hill:
The US Senate unanimously passes the No TikTok on Government Devices Act over security concerns about China-based ByteDance, after 13 states set similar bans  —  The Senate on Wednesday unanimously approved legislation that would ban the use of TikTok on government phones and devices as part …
Chainalysis:
An analysis of weekly realized gains and losses of personal crypto wallets in 2022: UST caused $20.5B in losses, Celsius and 3AC caused $33B, and FTX caused $9B  —  Allow us to state the obvious: There's been a lot of doom and gloom in conversations around cryptocurrency over the last month.
Paul J. Davies / Bloomberg:
Kellen Browning / New York Times:
Amazon Games plans to publish Crystal Dynamics' next Tomb Raider, marking Amazon's first major, single-player game, currently in early development  —  The title will be the first major single-player game for Amazon.  It is a coup for the retail giant, which has struggled to gain traction with its video game business.
William Turton / Bloomberg:
The US DOJ seized 48 websites and charged 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-for-hire services …
Taryn Plumb / VentureBeat:
Amazon Web Services, Meta, Microsoft, TomTom, and the Linux Foundation launch the Overture Maps Foundation, aiming to build interoperable, open-source map data  —  Think about it: Maps are fundamental to human evolution, exploration, innovation.  —  Since the first maps were drawn up in the 5th …
Jennifer Pattison Tuohy / The Verge:
Google finishes rolling out the Matter smart home standard to Android and Nest, following Apple and Samsung; Amazon plans to support Matter by the end of 2022  —  Google announced today that it has completed the initial rollout of Matter to its Google Nest products and Android OS.
Keith Zhai / Wall Street Journal:
Sources: aiming for 5%+ economic growth in 2023, Chinese officials reassess their tech policies and plan to close lengthy investigations into internet companies  —  Senior officials are setting a robust GDP growth target of more than 5% for next year as they loosen Covid rules and de-emphasize ideology
Zack Beauchamp / Vox:
A look at The Managerial Revolution, a book from 1941 predicting the “managerial class” supplanting capitalists, which could help explain Elon Musk's Twitter  —  The long shadow of James Burnham's The Managerial Revolution.  —  Since the launch of the so-called “Twitter Files” …
David Klepper / Associated Press:
CCDH: when researchers liked self-harm and eating disorder videos on TikTok in the US, the UK, Canada, and Australia, the app recommended more similar content  —  TikTok's algorithms are promoting videos about self-harm and eating disorders to vulnerable teens, according to a report published Wednesday …
Reuters:
Microsoft plans to roll out its “EU data boundary”, letting EU cloud customers process and store data in the region from January 1, starting with customer data  —  Microsoft Corp (MSFT.O) said on Thursday its European Union cloud customers will be able to process and store parts of their data in the region from Jan. 1.
MK Manoylov / The Block:
Binance's spokesperson Patrick Hillmann claims Changpeng Zhao has traveled to the US without publicizing it, after rumors that he could face legal difficulties  —  - Binance's Chief Strategy Officer and company spokesperson Patrick Hillmann said that CEO Changpeng “CZ” Zhao has been in the U.S. …
Financial Times:
The US Commerce Department puts 36 Chinese companies on its entity list, including chipmaker Yangtze Memory Technologies and AI chipmaker Cambricon  —  ‘Entity list’ changes are focused on limiting development of advanced chips in China  —  The US has placed three dozen Chinese companies …

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Marco Quiroz-Gutierrez / Fortune:

Earlier Picks

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