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January 12, 2023, 10:35 AM
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| Lucinda Shen / Axios: |
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty — Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
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SBF's Substack, The Block, CoinDesk, Bitbanter, New York Times, Bloomberg, NBC News, Wall Street Journal, Cointelegraph, Wccftech, CNBC, Crowdfund Insider, The Economist, and CryptoSlate
Mastodon: @davidgerard@circumstances.run. Tweets: @sbf_ftx, @billackman, @0xquit, @compound248, @ceostroff, @sbf_ftx, @austen, @leomschwartz, @bondhack, @jessicanutt96, @scottnover, @wassielawyer, @wassielawyer, @wassielawyer, @alex, @thestalwart, @hany, @kadhim, @gergelyorosz, @gergelyorosz, @renato_mariotti, @crypthoem, @sbf_ftx, @caspiancey, @tiffanyfong_, @compound248, @compound248, @compound248, @compound248, @compound248, @kantrowitz, @wublockchain, @wublockchain, @seyitaylor, @christorreslugo, @bee_are_, @kofinas, @kantrowitz, @basedkarbon, @silvermanjacob, @cameronmoulene, @functi0nzer0, @0xshittrader, @0xquit, @sbf_ftx, @emptywheel, @josephpolitano, @dlauer, @coloradotravis, @udiwertheimer, @iamdcinvestor, @alexandrascaggs, @kylascan, @iamdcinvestor, @metalawman, @ivanthek, @zerohedge, @joepwilliams31, @ryansadams, @dlauer, @umbrella_uni, @raamana_, @pierre_crypt0, @davidgura, @defiyst, @nope_its_lily, @defiyst, @smtuffy, @anthony, @veh0rny, @mattgoldstein26, @smtuffy, @macrocrg, @pledditor, @jamespmcleod, @kirbylarp, @kadhim, @degen_julian, @smtuffy, @stoicsavage, @ivanthek, @hactar0, @degeneratenews, @xyzqcrypto, @xamanap, @unusual_whales, @tiffanyfong_, @danprimack, @kadhim, @loopifyyy, @mylesudland, @sruhle, @degeneratenews, @smilinglllama, and @avcrypto_
| Tim Reynolds / Associated Press: |
A federal judge terminates FTX's 19-year, $135M naming rights deal with Miami-Dade County's Heat arena, a massive undertaking involving the roof and more — The naming rights deal between FTX and Miami-Dade County was terminated Wednesday by a federal bankruptcy court …
More:
Wall Street Journal, Miami Herald, The Block, WPLG-TV, Axios, crypto.news, The Daily Beast, and Crypto Daily
Tweets: @leomschwartz and @bytimreynolds
| Mark Gurman / Bloomberg: |
Sources: Apple is working on Macs with a touchscreen; the first model may be a MacBook Pro with an OLED display supporting gestures, set to be released in 2025 — Apple Inc. is working on adding touch screens to its Mac computers, a move that would defy long-held company orthodoxy and embrace …
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9to5Mac, Thurrott, XDA Developers, Macworld, ZDNet, Tedium, TechRadar, KnowTechie, Dexerto, CNET, Gizchina, Coinspeaker, TechSpot, iMore, iClarified, TechCircle, Ed Bott's READ ME, and iPhone Hacks
| Forbes: |
JPMorgan Chase is suing the founder of Frank, a student loan software startup acquired for $175M, over allegedly lying about scale by creating 4M+ fake users — The financial giant is suing the founder of a Mark Rowan-backed startup it acquired, claiming the fintech, Frank, had sold the financial giant on a “lie.”
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Wall Street Journal, Bloomberg, New York Post, Fortune, Finextra, and CNBC
Mastodon: @profcarroll@federate.social. Tweets: @chrisjbakke, @ali_lev, @hugh_son, @martinsfp, @ulonnaya, @caleweissman, @tomgara, @kennybauf, @krishnanrohit, @nickatfp, @kt_so_it_goes, @ali_lev, @melissakorn, @debarghya_das, @melissakorn, @intuitmachine, @ali_lev, @thestalwart, @sub8u, @sarthakgh, @gergelyorosz, @bakerdphd, @goldiestandard, @ozard_ofwiz, @johnpaczkowski, @healthbjk, @janeruffino, @oliviasolon, @theashrb, @seamushughes, @gergelyorosz, @goodtweet_man, @dancow, @deljohnsonvc, and @sridinats
| Tom Warren / The Verge: |
Microsoft plans to update all Xbox Series X and S consoles to an energy-saving Shutdown mode by default and is working on a smarter Sleep mode for active hours — Microsoft is planning to switch Xbox Series X and S owners over to an energy-saving power mode in a bid for sustainability and cost savings.
More:
Xbox Wire, BetaNews, Pureinfotech, iPhone in Canada Blog, Polygon, and TheGamer. Tweets: @nextgenplayer
| Bloomberg: |
Bulgarian police say London-based crypto lender Nexo's office in Sofia was raided on Thursday, seeking information on suspected money laundering and tax crimes — Crypto lender Nexo's office in Sofia was raided by Bulgarian police on Thursday as part of an investigation into suspected money laundering and tax crimes.| Ron Miller / TechCrunch: |
Canalys, IDC, and Gartner report global PC shipments fell for the fourth consecutive quarter in Q4 2022, by 28%-29% YoY to 65.3M-67.2M units; Dell fell ~37% YoY — When you look at fourth quarter worldwide PC sales data from Canalys, IDC and Gartner, it's fair to say that the news was not great … | Kali Hays / Insider: |
Sources: Twitter is leaving at least 12 international offices due to closures or not paying rent, including in Hong Kong, Mexico, Ghana, Australia, and India — - Twitter is leaving at least a dozen international offices due to closures or not paying rent. — Hubs in Europe and even Twitter's headquarters in Asia are shuttered.
More:
Gizmodo, Bloomberg, Firstpost Tech, Newser, The Guardian, Tech in Asia, and Tech in Asia
Tweets: @caseynewton, @iwriteok, @mgerrydoyle, @martinsfp, @noahpinion, @hayskali, @smtuffy, and @carnage4life
| Nikou Asgari / Financial Times: |
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash — Barry Silbert's conglomerate weighs offloading venture assets to help wholly owned digital asset lender
More:
Protos, Reuters, CoinDesk, CNBC, Cointelegraph, and Ethereum World News
Tweets: @ap_abacus, @stevesokolowsk2, @ramahluwalia, @wublockchain, @deitaone, @coinbureau, @neiljacobs, @nikasgari, @ap_abacus, and @tier10k
| Joe Rossignol / MacRumors: |
Kuo: mass shipments of second-generation AirPods Max and AirPods with a $99 price target will likely begin in the second half of 2024 or the first half of 2025 — Mass shipments of second-generation AirPods Max and more affordable AirPods will likely begin in the second half of 2024 …
More:
Forbes, Macworld, 9to5Mac, Tom's Guide, BGR, iPhone Hacks, iThinkDifferent, and Engadget
Tweets: @mingchikuo, @mingchikuo, @rsgnl, @mingchikuo, and @vadimyuryev
| Jacquelyn Melinek / TechCrunch: |
Amazon partners with Ava Labs, which develops the Avalanche blockchain, to support Avalanche's infrastructure and dApp ecosystem through its AWS marketplace — Amazon Web Services (AWS) has partnered with Ava Labs, the company building out layer-1 blockchain Avalanche …
More:
Avalanche, Blockworks, Decrypt, CryptoSlate, Amazon Web Services, Inside Bitcoins, Coinspeaker, and crypto.news
Tweets: @jordannovet, @lunarcrush, @0xboond, @wublockchain, @bmgentile, and @_patricksutton
| Reuters: |
TSMC reports Q4 revenue up 26.7% YoY to $19.93B and net income up 78% YoY to $9.72B, beating estimates of ~$9.5B, even as the chip industry downturn continues — Taiwanese chipmaker TSMC (2330.TW) reported a forecast-beating 78% rise in quarterly profit on Thursday, as strong sales … | Frank Landymore / Futurism: |
CNET has been using an “AI engine” to write financial explainers under a CNET Money byline since November 2022, reviewed, fact-checked, and edited by a human — Next time you're on your favorite news site, you might want to double check the byline to see if it was written by an actual human.
More:
Search Engine Land and Gizmodo
| Kenneth Shepard / Kotaku: |
Some creators are protesting YouTube's policy changes to regulate swearing and violence, which demonetize gaming videos and retroactively impact old content — YouTube's policy changes on swearing and violence are being retroactively applied to old gaming content| David Shepardson / Reuters: |
A look at the FAA's struggles to modernize air traffic control, including improving safety notices to pilots and ending use of paper strips to track aircrafts — The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday … | Maria Heeter / The Information: |
Source: Stripe lowers its internal valuation by ~11% to $63B, its third known cut since June 2022, bringing the total reduction to ~40% in the past six months — Stripe has cut the internal value of its shares by about 11%, implying a valuation of $63 billion, according to a person familiar with the matter.| Gary Marcus / The Road to AI We Can Trust: |
Source: OpenAI will get all of the equity back once $92B in profit plus $13B in initial investment are paid to Microsoft and once other investors earn $150B — I don't usually write about business deals, much less about rumors about business deals, but this one has me scratching my head …
More:
Fortune. Tweets: @terronk, @mgonto, @amir, @filippie509, @asmartbear, @eringriffith, @greglinden, @bentossell, @joe_anandarajah, and @rlaonline
| Tom Warren / The Verge: |
Memo: Microsoft plans to give US salaried staff unlimited Discretionary Time Off plus 10 corporate holidays, leaves of absence, mental health time off, and more — Microsoft is giving its US employees unlimited time off. The announcement was made in an email to employees from Kathleen Hogan …
More:
The Register, PCMag, ZDNet, San Francisco Business Journal, TechSpot, and TechRadar
Tweets: @vcsjones, @alexjkane, @amydiehl, @solientart, @adequate_scott, @this_hits_home, @twthereddragon, and @kbi_6
| Rosie Perper / CoinDesk: |
Yuga Labs announces a skill-based game, Dookey Dash, accessed via a free mint for BAYC holders called Sewer Passes, running between January 18 and February 15 — The gamified expansion of its Bored Ape Yacht Club ecosystem involves minting a free Sewer Pass to play a game called Dookey Dash.
More:
NFT Evening, crypto.news, Cointelegraph, and nft now
Tweets: @boredapeyc, @boredapeyc, @cloutedmind, and @boredapeyc
| Reed Albergotti / Semafor: |
Sources: Coinbase's internal “sentiment” tracker for media coverage showed Sam Bankman-Fried's FTX was consistently viewed more favorably until its collapse — Crypto exchange Coinbase has for years tracked how the company is portrayed in the press and online, and that “sentiment” …
Tweets: @silvermanjacob, @brian_armstrong, @zosegal, and @literaryeric
| Andrew Romero / 9to5Google: |
A set of allegedly official Samsung Galaxy S23 marketing images leak, showing four colors, a refined design, and more; S23 Ultra's camera is rumored to be 200MP — The Galaxy S23 from Samsung is set to be announced on the first day of February. Even though that's a given …
More:
Android Authority, TalkAndroid.com, ExtremeTech, Laptop Mag, Tom's Guide, The Verge, SamMobile, Fossbytes, and SamNews 24
Tweets: @rquandt and @mkeallison
| New York Times: |
Sources: in December, Twitter started considering auctioning off usernames to generate revenue; Elon Musk had said he wants to free up 1.5B inactive usernames — The company has discussed selling some user names through online auctions, people with knowledge of the plans said.
More:
MobileSyrup, Appuals.com, Digital Trends, and Firstpost Tech
Tweets: @amir, @thetweetofjohn, @brosandprose, @scalzi, @viksit, and @kylebaker
| Bloomberg: |
A filing details Adobe's $20B Figma acquisition: multiple attempts in 2020 and 2021 before co-founder Dylan Field accepted, interest from Microsoft, and more — Adobe Inc. tried to acquire design firm Figma Inc. for years before co-founder Dylan Field and the startup finally accepted … | New York Times: |
Chinese social media becomes consumed by a debate on “zero Covid” ending, challenging government censors' efforts to control the narrative without overstepping — The Communist Party's efforts to limit discord over its sudden “zero Covid” pivot are being challenged with increasing rancor, including from its own supporters.Sponsor Posts
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