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Techmeme
December 20, 2022, 11:15 AM

Top News

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
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 …
Tracy Wang / CoinDesk:
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:
As US lawmakers considered adding antitrust bills to the omnibus spending package, tech trade group CCIA, Meta, Amazon, and more ramped up 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
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”  —  Elon Musk is actively searching for a new chief executive officer for Twitter Inc., CNBC's David Faber reported …
Washington Post:
Nikhilesh De / CoinDesk:
Over 100 BTC claimed to be inaccessible was moved out of cold wallets tied to QuadrigaCX, the exchange that went bankrupt in 2019 after its CEO allegedly died  —  More than 100 BTC tied to QuadrigaCX moved out of cold storage wallets over the weekend.  Quadriga's bankruptcy trustee …
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 …
Aisha Malik / TechCrunch:
TikTok begins telling users why a video was recommended in the For You feed, such as previous interactions or followed accounts  —  TikTok is launching a new feature that allows users to see why a particular video was recommended to them in their For You feed, the company announced on Tuesday.
Sergiu Gatlan / BleepingComputer:
Apple fixes a macOS vulnerability, reported by Microsoft, that let attackers bypass Gatekeeper, a feature that checks if apps are notarized and developer-signed  —  Apple has fixed a vulnerability attackers could leverage to deploy malware on vulnerable macOS devices via untrusted applications capable …
Jay Peters / The Verge:
Mastodon CEO Eugen Rochko says the social network reached 2.5M MAUs in November, up from around 300,000 in October, as Twitter users flee the service  —  Mastodon, a decentralized social media platform that many are turning to as a Twitter alternative, saw its userbase skyrocket …
Rolfe Winkler / Wall Street Journal:
BetterHelp, Cerebral, and other digital mental health companies are failing to offer quality care due to unprofessional therapists, a pressure to grow, and more  —  Heavy advertising and other strategies from Silicon Valley's playbook boost providers' growth but not the quality of care
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 …
Jeff Kauflin / Forbes:
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX's implosion and a $160M hack, as revenues dramatically decline in 2022  —  By deftly navigating crypto's frontier markets and winning big on the collapse of Terra's stable coin, Wintermute has grown …

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Bloomberg:

Earlier Picks

Matt Levine / Bloomberg:
Claire Boston / Bloomberg: