Techmeme
December 20, 2022, 4:15 AM

Top News

Washington Post:
Elon Musk's poll asking “should I step down as head of Twitter?” ends with 57.5% voting yes, after Musk says Twitter polls will determine “major policy changes”  —  After a new policy prompted backlash, Twitter CEO Elon Musk said future policies would be determined by polls
Vlad Savov / Bloomberg:
Replying to a tweet suggesting voting on Twitter policy decisions should be restricted to Blue subscribers, Elon Musk says “Twitter will make that change”  —  Twitter Inc. will restrict voting on major policy decisions to paying Twitter Blue subscribers, company owner Elon Musk …
Matt Levine / Bloomberg:
An analysis of Elon Musk's reported attempts to raise money for Twitter via an equity sale at an absurd price, why his successor will be unpopular, and more  —  Oh Elon  —  Imagine taking the job!  Yesterday Elon Musk tweeted a poll asking if he should step down as “head” of Twitter Inc.; …
Emma Roth / The Verge:
Washington Post:
Source: Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges like conspiracy, fraud, and money laundering  —  Former crypto CEO's decision could expedite the criminal and civil cases against him  —  NASSAU, Bahamas …
Nikhilesh De / CoinDesk:
Over 100 BTC was moved out of cold wallets tied to QuadrigaCX, the exchange bankrupted in 2019 after its CEO allegedly died; trustee EY lost access to the BTC  —  More than 100 BTC tied to QuadrigaCX moved out of cold storage wallets over the weekend.  Quadriga's bankruptcy trustee …
Ivan Mehta / TechCrunch:
Twitter pilots Blue for Business with select businesses, helping companies identify employees via an additional badge, but doesn't share other perks and pricing  —  Twitter launched “Blue for Business” last week alongside relaunching Twitter Blue.  At that time, the social network had assigned a gold checkmark to businesses.
Wall Street Journal:
Epic Games agrees to pay the FTC $520M to resolve two complaints over allegedly violating COPPA and tricking users into making unintended purchases in Fortnite  —  The agency alleged that the company invaded children's privacy and tricked players of all ages into making unintended purchases
Claire Boston / Bloomberg:
Bloomberg:
Remote work and tech layoffs hollow out San Francisco, where only 43.1% of workers are back at offices, compared to LA's 46.1%, NYC's 47.6%, and Austin's 62.7%  —  San Francisco's Salesforce Tower opened almost five years ago as a monument to the region's tech-driven economy …
Reuters:
Analysis of Binance filings in 14 jurisdictions: the exchange has opaque operations, does not disclose where Binance.com is based, offers little data, and more  —  The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token.

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Kurt Wagner / Bloomberg:
Rosie Perper / CoinDesk:
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