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Techmeme
December 23, 2022, 1:10 AM

Top News

Reuters:
Sam Bankman-Fried appears in NY federal court charged with wire fraud and other crimes; a judge grants a $250M bail confining him to his parents' Palo Alto home  —  Sam Bankman-Fried will be released on a $250 million bond package while he awaits trial on fraud charges related to the collapse …
More: CNBC, New York Times, Wall Street Journal, Bloomberg, Insider, Blockworks, Cointelegraph, Daily Mail, New York Post, Livemint, Associated Press, Attack of the 50 Foot …, New York Post, New York Daily News, CryptoSlate, The Guardian, Matthew Russell Lee's …, Inside Bitcoins, Semafor, San Francisco Business Journal, Los Angeles Times, Financial Times, The Information, PYMNTS.com, Forkast, CryptoPotato, Ethereum World News, Bitcoinist.com, Decrypt, Axios, NBC News, CoinDesk, Silicon Valley Business …, The MexicaNFTimes, Washington Post, Gizmodo, and Wccftech
Emily Baker-White / Forbes:
ByteDance fired four employees after finding in a probe they accessed data on US TikTok users, including reporters, while trying to learn the sources of a story  —  ByteDance confirmed it used TikTok to monitor journalists' physical location using their IP addresses, as first reported by Forbes in October.
Zack Whittaker / TechCrunch:
LastPass says a threat actor stole a backup copy of its customers' encrypted vault data using cloud storage keys stolen from a LastPass employee in August 2022  —  Password manager giant LastPass has confirmed that cybercriminals stole its customers' encrypted password vaults …
Amanda Silberling / TechCrunch:
Twitter begins rolling out publicly visible tweet view counts, expanding on private analytics; Elon Musk says view counts will help show how “alive Twitter is”  —  Twitter is rolling out a feature that shows how many people view your tweets, similar to features on platforms …
Brayden Lindrea / Cointelegraph:
Twitter improves its $Cashtags to include stock, ETF, and crypto price charts sourced from TradingView within its search results, plus a View on Robinhood link  —  Twitter searches for “$Bitcoin,” “Bitcoin price” and “BTC price” pulls up a price chart, with equivalent searches working for Ethereum too.
Wall Street Journal:
YouTube buys NFL Sunday Ticket's residential rights for seven years, sources say for ~$2B/year; DirecTV paid $1.5B/year for residential and commercial rights  —  Video streamer to pay annual fee of roughly $2 billion under seven-year deal  —  Created with sketchtool.
Sam Reynolds / CoinDesk:
The SEC's complaint against Caroline Ellison and Gary Wang classifies FTX's FTT token as a security since it was “offered and sold as an investment contract”  —  Complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.
Washington Post:
Joanna Ossinger / Bloomberg:
Crypto exchange Bullish, backed by Peter Thiel, and Far Peak, a SPAC led by ex-NYSE President Thomas Farley, call off their planned $9B merger announced in 2021  —  Cryptocurrency exchange Bullish and special-purpose acquisition company Far Peak Acquisition Corp. have called off their planned merger.
Davey Alba / Bloomberg:
Research: tens of thousands of Twitter poll bot votes can cost less than $100, potentially undermining Elon Musk's move to rely on polls for company decisions  —  New Twitter Inc. owner Elon Musk has outsourced several controversial decisions — like whether to reinstate former US President …
Alex Thompson / Politico:
Investigation: Eric Schmidt helps fund the salaries of over 24 Biden administration officials through the Federation of American Scientists and Schmidt Futures  —  Eric Schmidt, the former CEO of Google who has long sought influence over White House science policy, is helping to fund …

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Mike Masnick / Techdirt: