Techmeme
December 20, 2022, 9:40 AM

Top News

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 …
Joshua Oliver / Financial Times:
FTX plans to recoup political donations by Sam Bankman-Fried and his associates, estimated at $70M+ in the 2021-2022 election cycle, to help repay creditors  —  Crypto group's new management says if funds are not returned voluntarily it will pursue recipients in court
Tracy Wang / CoinDesk:
A look at Modulo Capital, a mysterious multi-strategy hedge fund founded in 2022 and based in Albany in The Bahamas, which received $400M from Alameda Research  —  Founded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived.
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.
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 …
Washington Post:
Sam Schechner / Wall Street Journal:
Amazon agrees to settle two EU antitrust cases related to third-party sellers on its platform, won't pay a fine, and will adhere to commitments for seven years  —  Amazon.com Inc. has agreed to settle two European Union antitrust cases related to allegations about its treatment of third-party sellers …
Wall Street Journal:
As US lawmakers considered adding antitrust bills to the omnibus spending package, tech trade group CCIA, Meta, Amazon, and others ramped opposition to them  —  Industry has spent more than $100 million to fight antitrust measures and other bills in Congress  —  How Apple's iPhone and Apps Trap You in a Walled Garden
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 …
Norman Harsono / Bloomberg:
Changpeng Zhao confirms Binance acquired the remaining 49% stake in Indonesian crypto exchange Tokocrypto; the unit will cut 58% of jobs and replace its CEO  —  Binance Holdings Ltd.'s Indonesian unit is cutting jobs and replacing its top executive after the parent company took nearly full control over it.
New York Times:
An analysis shows how Chinese-language bots on Twitter drowned out tweets about protests over China's zero-COVID-19 policy, as people sought to evade censors  —  Twitter and its new owner, Elon Musk, have recently vowed to crack down on bots.  But the flood of spam for Chinese users …
Cheng Ting-Fang / Nikkei Asia:
Sources: in a first, Apple plans to move some MacBook production to Vietnam in 2023, asking Foxconn to begin as early as May, to further diversify from China  —  iPhone maker aims to have ‘out of China’ production alternatives for key products  —  TAIPEI — Apple plans to move …
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.; …
Dan Primack / Axios:

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
How remote support can make your Christmas stress-free  —  As Christmas approaches, the air fills with the anticipation of joy, family gatherings, and gift-giving.  While the season brings immense happiness …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
(BNS) Calvin And Hobbes - With Daniel Kibblesmith
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:40 AM ET, December 20, 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.

More News

Rolfe Winkler / Wall Street Journal:
Bloomberg:

Earlier Picks

Claire Boston / Bloomberg: