Techmeme
December 21, 2022, 2:50 PM

Top News

Elon Musk / @elonmusk:
Elon Musk says he will resign as Twitter CEO when he finds someone “foolish enough to take the job”, and after that he will run the “software and servers teams”  —  I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams.
Hannah Murphy / Financial Times:
In a Twitter Space, Elon Musk says he expects Twitter to “be okay” next year after cost cutting, claiming the company was on course to spend ~$5B in 2023  —  Social network's owner offers snapshot of dire finances to explain huge lay-offs since $44bn takeover
Bloomberg:
A Bahamas judge approves Sam Bankman-Fried's extradition to the US; SBF's case will now go to the Bahamas foreign minister for sign-off  —  Sam Bankman-Fried's extradition was approved by Bahamas judge on Wednesday, clearing one of the final hurdles for him to be sent to the US to face a litany of criminal charges.
CNBC:
Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges including conspiracy, fraud, and money laundering  —  - Sam Bankman-Fried is set to fly to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.
New York Times:
Sources: Sam Bankman-Fried's legal team is discussing a post-extradition deal with the DOJ to let him be released on bail, subject to approval from a judge  —  Lawyers for the FTX founder are in talks about a deal that could allow him to be released on bail when he is extradited to the United States on fraud charges.
Juli Clover / MacRumors:
Kuo: Apple plans to cancel or postpone iPhone SE 4 mass production, set for 2024, due to lower than expected shipments of its middle- and lower-tier iPhones  —  Apple will cancel or postpone mass production for the planned 2024 iPhone SE 4, Apple analyst Ming-Chi Kuo said today in a series of tweets.
Ax Sharma / BleepingComputer:
Okta tells customers its GitHub repositories were hacked this month and its source code was stolen, but says hackers did not access service or customer data  —  Okta, a leading provider of authentication services and Identity and Access Management (IAM) solutions, says that its private GitHub …
CoinDesk:
US-based crypto miner Core Scientific files for Chapter 11 bankruptcy in Texas, estimating its liabilities and assets at $1B-$10B and creditors at 1,000-5,000  —  The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.
New York Times:
Mark Zuckerberg testified in US federal court about Meta's acquisition of Within, as the FTC seeks an injunction to stop the deal, in a highly unusual challenge  —  Meta's chief executive made a rare court appearance as the Federal Trade Commission tries to block his company's purchase of the virtual reality start-up Within.
Brian Fung / CNN:
Jay Peters / The Verge:
George Hotz, aka geohot, who joined Twitter on November 18 after Elon Musk's “extremely hardcore” pledge, resigned, saying he could not make “any real impact”  —  George Hotz, known for being the first person to carrier-unlock an iPhone and jailbreaking the PS3 …
Wall Street Journal:
Sources: the NFL is in advanced talks to give YouTube exclusive Sunday Ticket rights; a deal could be reached as early as December 21 after an NFL owner meeting  —  DirecTV currently pays for rights to subscription package that allows football fans to watch most Sunday afternoon games
Sean Lyngaas / CNN:
Sources: US National Cyber Director Chris Inglis is expected to step down and retire in the next two months, after serving since July 2021  —  One of President Joe Biden's most senior cybersecurity advisers is expected to step down in the next two months, three people familiar with the decision tell CNN.
More: The Hill and Bloomberg
Todd Spangler / Variety:
Deep Voodoo, founded by South Park creators Trey Parker and Matt Stone to develop deepfake technology and cost-effective visual effects, raised $20M  —  The creators of “South Park” have secured a $20 million investment for their AI entertainment startup Deep Voodoo.

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.
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.
Zoho:
5 common accounting mistakes  —  This is a guest post by Yaali Bizappln Solutions.  A lot of businesses manage their customers and finances on separate platforms.  This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Thu. 11/21 - What The DOJ Wants Google To Do
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 2:50 PM ET, December 21, 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

Micah Lee / The Intercept:

Earlier Picks

James Reddick / The Record:
Alex Stamos / @alex@cybervillains.com:
Sam Schechner / Wall Street Journal: