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December 20, 2022, 4:10 PM
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| 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
More:
FTX, The Guardian, Decrypt, CNBC, Cointelegraph, Gizmodo, Cryptonews, CoinDesk, The Information, Watcher Guru, City A.M., and Decrypt
| 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.
More:
PYMNTS.com. Tweets: @smtuffy, @hsakatrades, @founderannie, @fxmacro, @mattwalshinbos, @0x_tracy, @jcoviedo6, @hsakatrades, and @smtuffy
| Washington Post: |
More:
New York Times, Reuters, Washington Post, CNBC, CNN, ZyCrypto, Bloomberg, Crowdfund Insider, Bitcoinist.com, Protos, Bitcoin News, Reuters, and The Crypto Basic
Tweets: @tiffanyfong_, @eleanorterrett, @eleanorterrett, @northmantrader, @zerohedge, @john_hudson, @ap_archpublic, @bitboy_crypto, @scottmelker, @renato_mariotti, @washingtonpost, @edzitron, @thebiscuitjesus, @ctdeleted, @martypartymusic, @iamdcinvestor, @laurashin, @givnerariel, @dealbook, @guardiannassau, @milesdeutscher, @realchetblong, @martadhanis, @guardiannassau, @trengriffin, @barstoolfinance, and @autismcapital
| Sara Fischer / Axios: |
More:
Reuters. Tweets: @kleinmatic, @parkermolloy, @nsbarsky, @ivanthek, @seanismoney, @davidgura, @kenvogel, @markamesexiled, and @rachelhaot
| Ivan Mehta / TechCrunch: |
Twitter pilots Blue for Business with select accounts, helping companies identify brands and key employees via badges, 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.
More:
Twitter for Business, Mashable, Android Central, The Verge, Adweek, MobileSyrup, Insider, MSPoweruser, PCMag, Android Headlines, Thurrott, and Silicon Republic
Tweets: @twitterbusiness, @twittersupport, @esthercrawford, @jpbrammer, @kendallybrown, @faizsays, @twitterbusiness, @davidsacks, @petermccormack, @femkesvs, @sharonodea, @beewol, @__apf__, @opinonhaver, @adamparkhomenko, @evanstnlyjones, @gissisim, @esthercrawford, @jason, @evacide, @denysully, @advodude, @tharriesyt, @jack, @jack, @johnlevenstein, @jamesrbuk, @jason, @ianfortey, @alexplank, @islimfit, @teslaownerssv, @carnage4life, @lanceulanoff, @chippygamingyt, @twitterblue, and @smtuffy
| Alex Stamos / @alex@cybervillains.com: |
Elon Musk is amplifying false claims the FBI “paid Twitter millions” to “censor info from the public”; law enforcement reimburses companies for data requests — This claim is false. Law enforcement has the ability to get stored communications from companies like Twitter under 18 USC 2703(d).
More:
Techdirt, Michael Shellenberger, and The Libertarian Institute
Mastodon: @malwaretech@infosec.exchange, @mattblaze@federate.social, @malwaretech@infosec.exchange, @alex@cybervillains.com, and @malwaretech@infosec.exchange
Tweets: @shellenbergermd, @techdirt, @mtaibbi, @levynews, @blakersdozen, @alexstamos, @elonmusk, @martinsfp, @martinsfp, @nichcarlson, @mathewi, @elonmusk, @rubinreport, @shellenbergermd, @hawleymo, @tedlieu, @mtracey, @ggreenwald, @jules_su, @chuckrossdc, @shellenbergermd, @donaldcclarke, @elonmusk, @nicoleperlroth, @elonmusk, @davidsacks, @mmasnick, and @ericlevitz
| Bloomberg: |
More:
PYMNTS.com, CNN, Fortune, Yahoo Finance, Gizmodo, BBC, Kotaku Australia, Mercury News, Babylon Bee, The Hill, The Guardian, Livemint, MobileSyrup, New York Post, Gamereactor UK, CoinGape, and Insider
Mastodon: @howelloneill@infosec.exchange, @johnmcquaid@journa.host, and @GossiTheDog@cyberplace.social
Tweets: @elonmusk, @bestofdyingtwit, @unfilteredboss1, @elonmusk, @kimdotcom, @zachsilberberg, @hasanthehun, @ashleyfeinberg, @kimdotcom, @scriban2, @dellcam, @tighesammy, @elonmusk, @jesawyer, @james_dator, @studentactivism, @ldrogen, @wholemarsblog, @lessig, @altyellonatpark, @lexnfx, @tedlieu, @drskyskull, and @davedufournba
| 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
More:
Bloomberg, The Verge, Associated Press, Washington Post, Wall Street Journal, AppleInsider, Fight for the Future, Washington Post, and NBC News
Mastodon: @evangreer@mastodon.online. Tweets: @birnbaum_e, @jakesherman, @annmarie, @birnbaum_e, @sarahmillerdc, @karlbode, @econliberties, @parismarx, @kenvogel, @ashleygjovik, @wallachlori, @protonprivacy, @justinhendrix, @econliberties, @davidshepardson, @joshua_sisco, @matthewstoller, @jaketapper, @adamkovac, @adamkovac, @garrytan, @jasonfyk, @cathygellis, @margaretomara, @hawleymo, @tonyromm, @zamaan_qureshi, @adamkovac, and @netchoice
| 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.
More:
TikTok, Vox, Insider, ZDNet, Axios, Adweek, Tubefilter, iPhone in Canada Blog, The Verge, CNN, Engadget, KnowTechie, 9to5Mac, and MobileSyrup
| Thomas Brewster / Forbes: |
The DEA finds a Mexico-based methamphetamine and cocaine gang operating across the US, Mexico, Europe, and Australia used Binance to launder $15M to $40M — A methamphetamine and cocaine gang operating across the U.S., Mexico, Europe and Australia used the world's biggest cryptocurrency exchange Binance …
More:
Reuters. Tweets: @bitfinexed, @eliotwb, @iblametom, @hkanji, @silvermanjacob, and @charlesarthur
| 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 …
More:
European Commission, New York Times, The Register, Thurrott, Politico, SiliconANGLE, Associated Press, CNN, Gizmodo, CNBC, Silicon Republic, Bloomberg, Engadget, Ars Technica, Game Rant, New York Times, Financial Times, TechCrunch, Reuters, The Information, The Verge, PYMNTS.com, and RTÉ
Tweets: @deitaone, @lutherlowe, @samuelstolton, @arianna_podesta, @mariskreizman, @eu_competition, @vestager, @arcapde, and @jcbcp
| 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 …
More:
Official Mastodon Blog, Softpedia News, New York Post, CNN, WinBuzzer, Neowin, KnowTechie, MUO, and PCMag
Tweets: @sandofsky, @parismarx, @mr_james_c, @mr_james_c, @mattcassinelli, and @werty
| Kyle Wiggers / TechCrunch: |
OpenAI releases Point-E, an open-source ML system that generates and displays 3D objects from a text prompt in one to two minutes on a single Nvidia V100 GPU — The next breakthrough to take the AI world by storm might be 3D model generators. This week, OpenAI open-sourced Point-E …
More:
GitHub, SiliconANGLE, arXiv.org, and Analytics India Magazine
Tweets: @drjimfan, @drjimfan, @timkietzmann, @mark_riedl, @_akhaliq, and @osanseviero
| 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 …
More:
Cointelegraph, CryptoSlate, Bitcoinist.com, Watcher Guru, CoinJournal, Inside Bitcoins, Blockworks, and crypto.news
Tweets: @zachxbt, @crypto_mags, @zachxbt, @zachxbt, @trim_bot, @coindesk, @fullbeerbottle, @stephenpunwasi, @cryptadamist, @testinprodcap, @nikhileshde, @cmbarce1, @coins, and @lakoz_
| 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 …
More:
The Block. Tweets: @erikvoorhees, @hsakatrades, @jeffkauflin, @jeffkauflin, @jeffkauflin, @blockanalia, @delrayman, @avi_eisen, @avi_eisen, @jeffkauflin, and @lsukernik
| 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 …
More:
Tom's Hardware, MacRumors, South China Morning Post, PingWest, iPhone Hacks, iPhone in Canada Blog, iMore, Wccftech, iThinkDifferent, MacDailyNews, 9to5Mac, CNBC, Pandaily, Appuals.com, Apple Must, and BGR India
Tweets: @dancollins2011, @jeff4malaysia, and @kentaro_iwamoto
| Viola Zhou / Rest of World: |
Sources: Foxconn workers in Zhengzhou say they got COVID-19 at the plant in December and some were asked to keep working; one said he was dissuaded from testing — Sick workers say they're being asked to stay on the assembly line as Foxconn ramps up iPhone 14 Pro production.
More:
MobileSyrup, 9to5Mac, iThinkDifferent, iMore, and BGR
Tweets: @bruce_arthur, @jerometaylor, @restofworld, @rzhongnotes, @violazhouyi, @violazhouyi, and @violazhouyi
| Sara Fischer / Axios: |
Insider Intelligence: Google will capture 28.8% of US digital ad revenue in 2022 and Meta will get 19.6%, for a combined 48.4%, down from a 54.7% peak in 2017 — Google and Meta, known together in the ad industry as the “duopoly,” are expected to bring in less than half of all U.S. digital advertising … | Lee Fang / The Intercept: |
Internal documents show that, going back to 2017, Twitter worked with the Pentagon to whitelist CENTCOM accounts used in online foreign influence campaigns — Twitter executives have claimed for years that the company makes concerted efforts to detect and thwart government-backed covert propaganda campaigns on its platform.
Tweets: @dnvolz, @ryangrim, @lhfang, @lhfang, and @mikeisaac
| 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 … | 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| Marta Belcher / CoinDesk: |
Sen. Warren's Digital Asset Anti-Money Laundering Act would be a disaster for civil liberties, effectively adding surveillance for all blockchain participants — The proposal would turn blockchains into permissioned ledgers surveilled by centralized gatekeepers.
Tweets: @raineyreitman
| 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.| Tabby Kinder / Financial Times: |
A drop in VC deals and a slow IPO market are pushing tech startups to debt-based options; Preqin shows new VC deals fell 42% YoY to $286B in January to November — Tech founders seek creative financing solutions to sustain their businesses as venture capital dries up
More:
PYMNTS.com and PitchBook
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