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December 24, 2022, 9:15 PM
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| Reuters: |
Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX — Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul's Alameda Research …
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Bloomberg, The Guardian, Wall Street Journal, Serious Trouble, New York Times, Associated Press, Insider, New York Post, Cryptonews, Cryptopolitan, crypto.news, TheStreet, The Daily Beast, Inside Bitcoins, Bloomberg, Financial Times, The Block, PYMNTS.com, Watcher Guru, Bitcoin News, CryptoSlate, Ethereum World News, Cointelegraph, and Axios
Mastodon: @Popehat@mastodon.social. Tweets: @innercitypress, @innercitypress, @innercitypress, @innercitypress, @austen, @compound248, @paleofuture, @sirajahashmi, @qtrresearch, @zerohedge, @compound248, @tree_of_alpha, @crypto_coffee, @wublockchain, @mattgoldstein26, @jbarro, @ahcastor, @cate_long, @goldtelegraph_, @mikemcdonald89, @jeffclarkus, @xrpcryptowolf, @wublockchain, @crypto_coffee, @stephofrnt, @paleofuture, @cgasparino, @compound248, @invresdynamics, @innercitypress, @lex_node, @charlesornstein, @watcherguru, @wholemarsblog, @wublockchain, @reuterslegal, @ericbalchunas, @frank_giustra, @phil_lewis_, and @trengriffin
| Kenneth Li / Reuters: |
Twitter restores a feature that promotes suicide prevention hotlines and other safety resources, after removing it reportedly following Elon Musk's order — Twitter Inc restored a feature that promoted suicide prevention hotlines and other safety resources to users looking up certain content …
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The Guardian, The Guardian, Insider, Reuters, Livemint, New York Post, Engadget, Micky, Sky News, BetaNews, and Neowin
Tweets: @elonmusk, @malpern, @elonmusk, @kwilsonmg, @jules_su, @jacobtwop, @martinsfp, @bestofdyingtwit, @dukestjournal, @joshraby, @tomcoates, @jamesrbuk, @jamesrbuk, @skwrlz, and @jasonleopold
| Amanda Hoover / Wired: |
Mastodon's decentralized nature raises concerns about the legal risks for users hosting instances, which must comply with copyright and privacy laws globally — As the niche, decentralized social networking platform rises in popularity, it faces rising costs, culture shifts—and potential legal risks.
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Insider, The Verge, Phandroid, theATL.social …, and Windows Central
| Ingrid Lunden / TechCrunch: |
| Bloomberg: |
The FTC orders Mastercard to give its rivals customer data for processing debit card payments, alleging Mastercard used tokenization to block competing networks — The Federal Trade Commission ordered Mastercard Inc. to start providing its competitors with customer account information …
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Federal Trade Commission, Engadget, Reuters, PYMNTS.com, Spectrum News NY1, The Hill, and Forbes
Tweets: @linakhanftc, @ftc, and @chopracfpb
| Bloomberg: |
The 2022 crypto winter showed that the digital asset ecosystem is more interconnected than many participants realized, despite its core decentralization tenet — As 2021 came to a close, crypto enthusiasts were brimming with optimism. After all, it had been a banner year: Nonfungible tokens, or NFTs, had crossed into the mainstream.
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coinershub. Tweets: @emilyjnicolle, @ourielohayon, @emilyjnicolle, @elfsternberg, @crypto, and @crypto
| Joel Khalili / Wired: |
A look at some NFT use cases, with gaming at the top, as NFT trading volume fell from $17B in January 2022 to $400M in November 2022 amid the crypto market drop — The market for non-fungible tokens took a nosedive this year. Now, die-hard evangelists think the key to success is finding different ways to use them.| Naomi Jagoda / Bloomberg: |
After pushback, the IRS delays requiring e-commerce apps such as Venmo, PayPal, Cash App, and Etsy to send tax forms to small businesses with $600+ transactions — The Internal Revenue Service is delaying a requirement for e-commerce platforms, including Venmo, PayPal, Cash App and Etsy …
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Internal Revenue Service, Wall Street Journal, MarketWatch, The Block, CNN, The Hill, Barron's Online, BikeList, PYMNTS.com, Watcher Guru, and New York Times
Mastodon: @glennf@twit.social. Tweets: @marshacollier, @gabby_hoffman, @repcarolmiller, @senrickscott, and @sn_handler
| Martin Matishak / The Record: |
Joe Biden signs into law an $858B defense policy bill conferring more power and obligations on US Cyber Command, such as offensive operations on foreign powers — President Joe Biden signed a $858 billion defense policy bill on Friday, conferring more power — and obligations — on U.S. Cyber Command.
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The White House, Reuters, Nikkei Asia, Reuters, CHINAdaily, Politico, CNN, and FedScoop
| Simon Hill / Wired: |
A look at XRAI Glass, an Android app for the deaf and hard of hearing that can caption real-life conversations when paired with the $379 Nreal Air AR glasses — XRAI Glass, when paired with $379 AR glasses, can caption real-life conversations as they happen, with a few major caveats.
Tweets: @wired
| Wayne Ma / The Information: |
A look at the challenges Apple's chip group faces; sources: Apple cut the iPhone 14 Pro's next-gen GPU with ray tracing to avoid battery and overheating issues — For more than a decade, Apple's silicon engineering group has helped give Apple a competitive edge in smartphones and laptops.
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MacRumors, 9to5Mac, Tom's Guide, TechSpot, Gizchina, iMore, iThinkDifferent, My Laptop Guide, Redmond Pie, iPhone in Canada Blog, MobileSyrup, Engadget, Cult of Mac, MacDailyNews, Appuals.com, iPhone Hacks, BGR, Wccftech, AppleInsider, and iClarified
Tweets: @gavinsbaker, @gavinsbaker, @waynema, and @mvpeers
| Ivan Mehta / TechCrunch: |
Twitter Blue subscribers can now upload up to 2GB, 60-minute 1080p videos on the web; iOS and Android users are still limited to 512MB, 10-minute 1080p videos — After taking over Twitter, Elon Musk had long promised that the company is working toward making the platform more appealing to video creators.
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The Verge, Digit, Gizchina, The Economic Times, Engadget, International Business Times, Adweek, Social Media Today, SlashGear, Twitter Help Center, GSMArena.com, Android Headlines, MobileSyrup, and 9to5Mac
Tweets: @_zeets, @ghostfinder, @hildobby_, and @blisstraveler
| Amanda Silberling / TechCrunch: |
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The Verge, Tubefilter, Android Headlines, Undigital, Firstpost Tech, Memeburn, BetaNews, Digital Trends, and MobileSyrup
Mastodon: @normative@mastodon.social, @lolennui@mstdn.social, @rodhilton@mastodon.social, @malwaretech@infosec.exchange, @profcarroll@federate.social, @ChrisPirillo@mastodon.social, and @ChrisPirillo@mastodon.social
Tweets: @elonmusk, @straydognz, @stammy, @vrunt, @elonmusk, @elonmusk, @zachsilberberg, @kennygesserit, @jeffveillette, @stevenbeschloss, @seyitaylor, @saeeddicaprio, @elonmusk, @capybaroness, @kloogans, @davidsacks, @jeffreyatucker, @jaubreyyt, @anthony, @eric_seufert, @caseybriggs, @katienotopoulos, @junlper, @claytravis, @kcoleman, @drmistercody, @ryancarson, @carnage4life, @charlesarthur, @wbm312, @wbm312, @joshtpm, @kenwattana, @wallstreetsilv, @stphnfwlr, @nima_owji, @rakeshlobster, @gavinsbaker, @nima_owji, @benryanwriter, @mckelvie, @breenewsome, @wagatwe, @lukeisamazing, @carnage4life, @atrios, @conurecc, @josinaanderson, @amuse, and @truefactsstated
| Che Pan / South China Morning Post: |
Tencent joins the open-source chip group RISC-V International as a premier member; 13 out of the 25 premier members are from China, including Huawei and ZTE — Tencent Holdings is the latest Chinese tech firm to join RISC-V International, the world's largest open-source processor architecture group …
Tweets: @bgurley, @tariqkrim, and @bgurley
| Lauren Feiner / CNBC: |
Congress passes a $1.7T spending package, including a bill banning TikTok on federal government devices, but fails to pass many aggressive bills targeting tech — - Congress passed a large spending package that includes a bill banning TikTok from being used on government devices.
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Vox, Federal Communications …, Forbes, and Washington Post
Mastodon: @carnage4life@mas.to. Tweets: @senatorwicker, @hawleymo, @marshablackburn, and @brendancarrfcc
Sponsor Posts
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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 …
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:
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