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January 11, 2023, 1:15 PM
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| Reuters: |
The FAA says normal air traffic is “resuming gradually” across the US after its Notice to Air Missions system failed; FlightAware: 5,400+ flights were delayed — U.S. flights were slowly beginning to resume departures and a ground stop was lifted after the Federal Aviation Administration …
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Federal Aviation Administration, New York Times, CNN, Bloomberg, The Register, Sky News, CNBC, MarketWatch, Silicon Valley Business …, DCD, Gizmodo, The Hill, Associated Press, Computerworld, NPR, ZDNet, Data Center Knowledge, Insider, CNN, Livemint, CIO Dive, Washington Post, Axios, Wall Street Journal, Federal Computer Week, SecurityWeek, BankInfoSecurity.com, ABC News, Semafor, Ars Technica, Beyond Search, VICE, NBC News, Fox Business, Engadget, The Hill, Wall Street Journal, Fortune, Bloomberg, People.com, TIME, BBC, Financial Times, Deadline, TechCrunch, UK Aviation News, Metro.co.uk, Mediaite, New York Post, Forexlive, HuffPost UK, ITV News, PCMag, and The Verge
Tweets: @faanews, @presssec, @faanews, @faanews, @faanews, @faanews, @deitaone, @flightradar24, @thestalwart, @dalperovitch, @airlineflyer, @flightradar24, @faanews, @secretarypete, @dpatil, @kevincollier, @bsheehantv, @garwarner, @petemuntean, @leehudson_, @joshchafetz, @vxunderground, @denver7traffic, @ssegraves, @danielaleontv, @yossigestetner, @nycsouthpaw, @flyknoxville, @flightradar24, @w_katz1, @vxunderground, @krisvancleave, @ericgeller, @joyce_karam, @senatorwarnock, @alorenzotv, @denver7traffic, @atlairport, @yossigestetner, @drdenagrayson, @michaelpnews, @_benkatz, @reshadhudson, @nycsouthpaw, @brendankeefe, @cvgairport, @chadpergram, @michaelpnews, @mkbhd, @realremyma, @indairport, @kciairport, @snlyngaas, @c_c_krebs, and @senschumer
| CoinDesk: |
Bankruptcy hearing: FTX has recovered $5B+ so far, excluding $425M held by the Bahamas or “illiquid cryptocurrency tokens”; FTX's Alameda credit line was $65B — The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it's still short of what customers are owed in total.
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The Block, CoinDesk, Reuters, NBC News, Decrypt, Crypto Daily, Ethereum World News, Wccftech, Crypto Briefing, and Reuters
Tweets: @jconorgrogan, @molly0xfff, @hsakatrades, @watcherguru, @unusual_whales, @deitaone, @hsakatrades, @smtuffy, @kadhim, @adamscochran, @jconorgrogan, @pythianism, @jconorgrogan, @jconorgrogan, @jconorgrogan, @monkeycharts, @hsakatrades, @davidfbailey, @akadosang, @zhusu, @deitaone, @adamscochran, @ledgerstatus, @basedkarbon, @ldrogen, @molly0xfff, @dogetoshi, @zerohedge, @smtuffy, @molly0xfff, @molly0xfff, and @dshollers
| Financial Times: |
Court documents: Sam Bankman-Fried invested $20M in Paradigm's $2.5B Paradigm One fund in late 2021, before the fund then invested in FTX and FTX US — Court documents shed light on Sam Bankman-Fried's circular transactions — Sam Bankman-Fried invested $20mn in a large venture capital fund …
More:
CoinGape, Cryptonews, and Coinpedia Fintech News
Tweets: @kadhim, @marketrebels, @katie_martin_fx, @dsquareddigest, @smtuffy, @smdiehl, and @silvermanjacob
| Wall Street Journal: |
Sources: Alameda invested $1.1B in bitcoin miner Genesis Digital, including $500M to buy co-founders' shares; Genesis is among FTX's largest bankruptcy assets — Genesis Digital is one of the largest assets in the FTX-Alameda wreckage. Extracting value from it could prove difficult.
Tweets: @alexfrangos, @news_of_alpha, @hsakatrades, @ldrogen, and @deitaone
| Jeremy Hill / Bloomberg: |
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PYMNTS.com, BBC, The Verge, CryptoPotato, Livemint, The Block, crypto.news, and Coinpedia Fintech News
Tweets: @pdmcleod, @anthony, @rnr_0, @crypto, @samstein, @asilbwrites, and @whitneycummings
| Mark Gurman / Bloomberg: |
Sources: Apple plans to design and develop its own displays for mobile devices, starting with microLED screens for the Apple Watch Ultra by the end of 2024 — Apple Inc. is planning to start using its own custom displays in mobile devices as early as 2024, an effort to reduce its reliance …
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9to5Mac, HotHardware, Ars Technica, Forbes, The Elec, 9to5Mac, ZDNet, Thurrott, Macworld, T3, Tom's Guide, MacRumors, 9to5Mac, MobileSyrup, Wccftech, SPARROWS NEWS, KnowTechie, Pocketnow, SamMobile, fpt., Redmond Pie, TechCircle, GSMArena.com, City A.M., Gizchina, TechSpot, TechRadar, Patently Apple, Philip Elmer‑DeWitt, Appuals.com, Digital Trends, Digit, iPhone in Canada Blog, BGR, Engadget, SamNews 24, iMore, iThinkDifferent, Firstpost Tech, PocketLint, MacDailyNews, and XDA Developers
Tweets: @mingchikuo, @mingchikuo, @daniburgz, @jimpethokoukis, @benedictevans, @markgurman, @fjeronimo, @thestalwart, and @counternotions
| Sarah Perez / TechCrunch: |
Apple launches Business Connect, letting US businesses update and manage information across Maps and other services, something Google Maps has had since 2005 — Apple Maps today is gaining a new tool that will allow the decade-plus-old service to better compete with Google …
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Apple, Ars Technica, MacRumors, 9to5Mac, Computerworld, ZDNet, The Verge, Macworld, Engadget, Search Engine Land, AppleInsider, Axios, Patently Apple, MacStories, CNBC, iMore, MacDailyNews, TechRadar, and BGR
| Mitchell Clark / The Verge: |
Twitter renames Latest Tweets to Following and Home to For You, making the algorithmic feed the default with no option to change it, rolling out on iOS first — Twitter is changing how you move between the algorithmically-driven timeline and the reverse chronological one and making the algorithmic feed the default.
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TechCrunch, Thurrott, Fast Company, The Shortcut, Engadget, MacRumors, KnowTechie, gHacks Technology News, and BGR
Mastodon: @danyork@mastodon.social. Tweets: @twittersupport, @twittersupport, @wongmjane, @grogsgamut, @actioncookbook, @liamodelluk, @kendallhosseini, @barry, @stevesmithffx, @davidclinchnews, @ariehkovler, @mikeisaac, @f, @kevinmkruse, @brianstelter, @wagatwe, @prozd, @chelsgraceo, @manjusrii, @tomwarren, @travisyost, @rayminehane, @lordravenscraft, @leyawn, @beardedgenius, @dsgolson, and @hyovrse
| Bloomberg: |
Binance admits flaws in maintaining its Paxos-managed BUSD stablecoin, which should be backed 1:1; ChainArgos: BUSD was undercollateralized by $1B+ in 2020-21 — Binance Holdings Ltd., the biggest cryptocurrency exchange, acknowledged past flaws in the management of its stablecoin's reserves …
More:
Gizmodo, Binance Blog, Blockworks, Bitcoinist.com, and Coinspeaker
Tweets: @mikealfred, @paxosglobal, @bitfinexed, @johnreedstark, and @annairrera
| Kyle Wiggers / TechCrunch: |
In a Discord post, OpenAI says it's “starting to” consider monetizing ChatGPT, possibly via ChatGPT Professional, polls members on payment preferences, and more — OpenAI this week signaled it'll soon begin charging for ChatGPT, its viral AI-powered chatbot that can write essays, emails, poems and even computer code.
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Metaverse Post, Gizmodo, PCMag, Insider, Engadget, Candid.Technology, The Drum, The Verge, TechCircle, and TechRadar
| Tom Warren / The Verge: |
Microsoft announces 365 Basic for $1.99 per month, replacing the 100GB OneDrive storage option, rolling out globally on January 30 with ad-free Outlook and more — Microsoft is introducing a new consumer tier to its Microsoft 365 subscription offerings. Priced at just $1.99 per month …
More:
Windows Central, Thurrott, TechCrunch, and Source
| Dhruv Mehrotra / Wired: |
US police app SweepWizard, built by ODIN, leaked data, including location and names, on officers, 5,770 suspects, and others due to a simple misconfiguration — SweepWizard, an app that law enforcement used to coordinate raids, left sensitive information about hundreds of police operations publicly accessible.
Tweets: @justinhendrix, @dellcam, @matthewkeyslive, and @dmehro
| Angus Loten / Wall Street Journal: |
Analysts say Salesforce's customers do not seem to be swayed by Slack; the messaging service's revenue growth declined from 11.7% in Q1 2022 to 6.9% in Q3 2022 — Carhartt's CIO says the addition of the messaging app hasn't made Salesforce's products more appealing
Tweets: @jeffnolan, @tomgara, @kazanjy, @carnage4life, and @katherinemiller
| Paul Kunert / The Register: |
IDC: global used and refurbished handset sales rose 11.5% YoY to 282M in 2022, predicted to rise to 413.3M after 10.3% compound annual growth until 2026 — Who needs shiny new blowers when there bills to pay and kids to feed? Answer: fewer and fewer folk| Makena Kelly / The Verge: |
Sources: Parler's parent company laid off ~75% of its staff and most of its chief executives over the past few weeks, leaving the social app with ~20 employees — Parlement Technologies, the parent company of “censorship-free” social media platform Parler, has laid off a majority of its staff … | Richard Waters / Financial Times: |
After Chinese researchers claimed to break RSA encryption using quantum computers, experts are skeptical and caution that any commercial benefits are years away — China claims to have made a major breakthrough but western experts say any commercial benefits are still years away
More:
Tech Xplore, The Register, Dark Reading, and South China Morning Post
Tweets: @jkempenergy, @lukolejnik, and @jimpethokoukis
| Dan Milmo / The Guardian: |
The Guardian confirms the outlet was hit with a ransomware attack in December 2022 and that the personal data of UK staff was accessed, possibly via phishing — Media firm says personal data of UK staff members was accessed in ‘highly sophisticated’ cyber-attack last month| Wall Street Journal: |
Sources: in late 2022, Netflix stopped letting director-level staff see other employees' salaries, a major shift for a company offering rare pay transparency — Employees at the director level lost ability to view colleagues' pay data late last year — Employers List Wide Salary Ranges in Ways That Sidestep Pay Transparency Law| Amanda Pedersen / Medical Device + Diagnostic Industry: |
A US ITC judge rules that some Apple Watches infringe on one of five Masimo pulse oximeter patents related to using light sensors to measure blood oxygen levels — An International Trade Commission judge ruled that Apple infringed on one of five Masimo patents related to using light sensors … | Nilay Patel / The Verge: |
Cory Doctorow and law professor Rebecca Giblin on their new book, Chokepoint Capitalism, and how tech platforms monetize creators via distribution bottlenecks — It's a book about artists and technology and platforms and how different kinds of distribution and creation tools create chokepoints … | Richard Nieva / Forbes: |
After months of protest, Google contractor Appen, which rates search results, raised hourly pay to $14-$14.50 from $10-$12 on January 1, the first ever raise — The wage increase is welcome, but workers complain they are still making less than Google's other contractors.| Joe Biden / Wall Street Journal: |
In an op-ed, Joe Biden asks Republicans and Democrats to unite “to pass strong bipartisan legislation to hold Big Tech accountable”, saying the risks are clear — Congress can find common ground on the protection of privacy, competition and American children.| Olga Kharif / Bloomberg: |
Cameron Winklevoss demands that DCG's board remove CEO Barry Silbert and alleges he and Genesis lied publicly, after his January 8 resolution deadline passed — Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert …
More:
DCG, Fortune, Bitcoin News, Blockworks, Cryptopolitan, CoinGeek, CryptoPotato, crypto.news, Crypto Daily, and Inside Bitcoins
Tweets: @cameron, @dcgco, and @barrysilbert
| Javier Espinoza / Financial Times: |
How Section 19a of the German Competition Act gives antitrust authorities the power to divest and sanction Big Tech, as the EU slowly rolls out its enforcement — While EU regulators slowly roll out their own enforcement mechanism, Berlin is already holding gatekeepers to account
More:
Wall Street Journal. Tweets: @sam1fleming, @jason_kint, @marcvanderham, @philippbohn, @astaniscia86, @1br0wn, @marcvanderham, and @baldwinre
| Matt Levine / Bloomberg: |
The deep problem with SPACs is the sponsors' 20% cut and the warrant holders' cut, paid by the target company or the SPAC shareholders, a bad deal either way — SPAC SPAC SPAC — Simplifying a bit, the way a special purpose acquisition company works is that the sponsor of the SPAC raises … | Ingrid Lunden / TechCrunch: |
Cologne-based DeepL, which offers instant translation-as-a-service to businesses and individuals, raised $100M to $125M led by IVP at a €1B valuation — Artificial intelligence startups, and (thanks to GPT and Open AI) specifically those helping humans communicate with each other … | Tyler Coates / The Hollywood Reporter: |
Netflix plans to stream the SAG Awards globally starting in 2024, as part of a multiyear deal; the 2023 ceremony will stream on Netflix's YouTube channel — The company will also livestream the 2023 ceremony on its YouTube page ahead of its multi-year partnership with the Screen Actors Guild.
More:
The Verge, About Netflix, TechCrunch, Engadget, BGR, Bloomberg, IndieWire, DiscussingFilm, The Wrap, Deadline, The Streamable, IndieWire, and Screen. Tweets: @lucas_shaw
| Zac Bowden / Windows Central: |
Sources: Microsoft ditched a dual-screen design for the Surface Duo 3, opting for an internal foldable screen, an external cover display, and a 180-degree hinge — Microsoft's next foldable phone will have an internal foldable display. — What you need to know
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Engadget, TechSpot, Android Central, GSMArena.com, Tom's Guide, WinBuzzer, Softpedia News, NextPit, and Gizchina. Tweets: @chupchap
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