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January 12, 2023, 2:20 PM
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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 after ex-executives pled guilty — Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
More:
SBF's Substack, The Block, Decrypt, Wall Street Journal, Engadget, TechCrunch, The Verge, Bitbanter, Wccftech, Mashable, CoinDesk, The Economist, Cointelegraph, New York Times, Crowdfund Insider, Bloomberg, CryptoSlate, and CNBC
Tweets: @sbf_ftx, @0xquit, @billackman, @sbf_ftx, @daveweisberger1, @ceostroff, @caitlinlong_, @autismcapital, @om, @compound248, @ceostroff, @mattgoldstein26, @chrisbloomstran, @asemota, @hotepjesus, @bigblackjacobin, @trungtphan, @castrotech, @digitallawrence, @smdiehl, @unusual_whales, @degen_julian, @ivanthek, @0xquit, @bowtiednightowl, @kadhim, @anthony, @sbf_ftx, @byrnehobart, @bee_are_, @defiyst, @crypthoem, @compound248, @ryansadams, @kantrowitz, @tiffanyfong_, @wassielawyer, @degeneratenews, @scottnover, @dlauer, @umbrella_uni, @nope_its_lily, @smtuffy, @wassielawyer, @wassielawyer, @compound248, @davidgerard, @kylascan, @danprimack, @dlauer, @sbf_ftx, @kofinas, @veh0rny, @compound248, @renato_mariotti, @udiwertheimer, @raamana_, @gergelyorosz, @josephpolitano, @iamdcinvestor, @zerohedge, @teddyschleifer, @ivanthek, @kirbylarp, @smtuffy, @cameronmoulene, @austen, @defiyst, @kadhim, @basedkarbon, @caspiancey, @0xshittrader, @bondhack, @macrocrg, @loopifyyy, @tiffanyfong_, @kantrowitz, @wublockchain, @functi0nzer0, @pierre_crypt0, @xyzqcrypto, @stoicsavage, @alex, @alexandrascaggs, @compound248, @pledditor, @metalawman, @seyitaylor, @degeneratenews, and @kadhim
| Tim Reynolds / Associated Press: |
A US federal judge terminates FTX's 19-year, $135M naming rights deal with Miami-Dade County's Heat arena, removing branding from the roof, court, and more — The naming rights deal between FTX and Miami-Dade County was terminated Wednesday by a federal bankruptcy court …
More:
New York Post, Miami Herald, WPLG-TV, Wall Street Journal, The Block, Axios, crypto.news, and The Daily Beast
Tweets: @leomschwartz and @bytimreynolds
| Forbes: |
JPMorgan Chase sues Frank founder Charlie Javice for allegedly creating 4M+ fake users to get the company to acquire the student loan software startup for $175M — 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, CNBC, Insider, Gizmodo, Bloomberg, New York Post, Finextra, and Fortune
Mastodon: @profcarroll@federate.social. Tweets: @chrisjbakke, @ali_lev, @lexnfx, @kennybauf, @carlsetzer, @ali_lev, @hugh_son, @melissakorn, @om, @uticaeric, @mxmsworld, @sarthakgh, @ulonnaya, @nickatfp, @gergelyorosz, @tomgara, @kt_so_it_goes, @sub8u, @bakerdphd, @goldiestandard, @caleweissman, @debarghya_das, @melissakorn, @ozard_ofwiz, @intuitmachine, @healthbjk, @janeruffino, @oliviasolon, @theashrb, @seamushughes, @gergelyorosz, @goodtweet_man, @krishnanrohit, @dancow, @ali_lev, @deljohnsonvc, @thestalwart, and @martinsfp
| Bloomberg: |
Bulgarian police raided London-based crypto lender Nexo's office in Sofia on January 12, 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.
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CoinDesk, Reuters, Novinite.com, Dirty Bubble Media, The Sofia Globe, BestBrokers.com, The Crypto Basic, Protos, CryptoSlate, Cryptonews, Bitcoinist.com, Cointelegraph, CryptoPotato, and crypto.news
Mastodon: @davidgerard@circumstances.run. Tweets: @nexo, @nexo, @emilyjnicolle, @adamscochran, @wublockchain, @mikeburgersburg, @ramahluwalia, @arkhamintel, @jconorgrogan, @cryptonator1337, @otteroooo, and @kamikaz_eth
| Kali Hays / Insider: |
Sources: Twitter is leaving 12+ offices due to closures or not paying rent, including in Hong Kong, the Philippines, Mexico, Australia, South Korea, 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, The Guardian, Newser, Tech in Asia, and Firstpost Tech
Tweets: @caseynewton, @wihorne, @epro, @hari, @iwriteok, @mgerrydoyle, @martinsfp, @noahpinion, @hayskali, and @smtuffy
| 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, KnowTechie, Dexerto, Gameranx, TrueAchievements, Polygon, and iPhone in Canada Blog
| Nikou Asgari / Financial Times: |
Sources: crypto broker Genesis owes creditors over $3B, leading DCG to explore selling parts of its venture capital holdings, estimated at ~$500M, to raise cash — Barry Silbert's conglomerate weighs offloading venture assets to help wholly owned digital asset lender
More:
Protos, Reuters, Blockworks, Decrypt, Fortune, CNBC, CryptoSlate, CoinDesk, CoinGape, and Ethereum World News
Tweets: @tier10k, @ap_abacus, @deitaone, @dylanleclair_, @ap_abacus, @coinbureau, @wublockchain, and @nikasgari
| 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 …
More:
Gartner, IDC, Windows Central, Tom's Hardware, Computerworld, Canalys, Barron's Online, The Verge, Softpedia News, and Livemint
| Anthony Capaccio / Bloomberg: |
Congress rejects the US Army's request for $400M to buy as many as 6,900 Microsoft HoloLens goggles this fiscal year but approves $40M to develop a new model — Microsoft Corp. won't be getting more orders for its combat goggles anytime soon after Congress rejected the US Army's request …
More:
Thurrott, Windows Central, BigTechWire, and OnMSFT.com
| David Shepardson / Reuters: |
A look at the FAA's struggles to modernize air traffic control, such as improving safety notices to pilots and ending the use of paper strips to track aircraft — The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday …
More:
NBC News, Ars Technica, Gizmodo, CNN, Bloomberg, and Bloomberg
Tweets: @kritiguptanews, @datachick, and @decodethefirm
| Tim Bradshaw / Financial Times: |
Paris-based Ubisoft's stock drops ~14% after the company slashes its forecasts, reports “markedly and surprisingly slower” holiday sales, and delays a game — Shares shed 19% after Paris-based games group predicts net bookings will fall by a tenth
More:
VentureBeat, GamesIndustry.biz, Ubisoft Entertainment, TheGamer, IGN, Gizchina, Eurogamer.net, Engadget, Financial Times, and CNBC. Tweets: @jeffgrubb
| Bloomberg: |
A filing details Adobe's $20B Figma acquisition: attempts in 2020 and 2021 rebuffed before co-founder and CEO Dylan Field accepted, Microsoft interest, and more — Adobe Inc. tried to acquire design firm Figma Inc. for years before co-founder Dylan Field and the startup finally accepted … | Andrew Romero / 9to5Google: |
Allegedly official Samsung Galaxy S23 marketing images leak, showing four colors, no vertical camera bar, and more; S23 Ultra is rumored to have a 200MP camera — The Galaxy S23 from Samsung is set to be announced on the first day of February. Even though that's a given …
More:
Android Police, SamNews 24, Droid Life, MobileSyrup, Laptop Mag, TechRadar, T3, Sammy Fans, The Verge, and Tom's Guide
Tweets: @universeice, @rquandt, and @mkeallison
| 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 … | Gavin Bonshor / AnandTech: |
Intel unveils its Core i9-13900KS CPU, clocked at 6GHz out of the box, with eight performance cores, 16 efficiency cores, and a 150W TDP, available now for $699 — Initially mentioned during their Innovation 2022 opening keynote by Intel CEO Pat Gelsinger, Intel has unveiled …
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Intel, Thurrott, Engadget, Tech Advisor, XDA Developers, PCMag, Tom's Hardware, HotHardware, PC Gamer, The Verge, PCWorld, VideoCardz.com, Wccftech, Appuals.com, and TechPowerUp. Tweets: @markhachman. Thanks:@gavbon86
| 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:
Softpedia News, BigTechWire, KnowTechie, fpt., Mashable, Wccftech, iPhone in Canada Blog, 9to5Mac, Tom's Guide, Macworld, Forbes, BGR, iPhone Hacks, iThinkDifferent, and Engadget
Tweets: @mingchikuo, @mingchikuo, @mingchikuo, and @vadimyuryev
| Tony Stubblebine / The Official Medium Blog: |
Medium creates its own Mastodon instance, plans to offer it as a service for members, promises reliable moderation and smoother onboarding, and more — The fediverse is a breath of fresh air for writers and social media — Today, Medium is launching a Mastodon instance at me.dm to help our authors …
More:
Bloomberg
Mastodon: @tchambers@indieweb.social, @kissane@mstdn.social, @biz@me.dm, @coachtony@me.dm, @coachtony@me.dm, @dansinker@omfg.town, @coachtony@me.dm, @markhughes@mastodon.social, @anildash@me.dm, and @medium@me.dm
Tweets: @carlquintanilla, @dimensionmedia, @kurtwagner8, @samro, @tmcw, @medium, @jlori, @asmartbear, and @brittanyjezouit. Thanks:@chrismessina
| 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, TechRadar, Blockworks, Decrypt, CryptoSlate, ZyCrypto, Amazon Web Services, Coinspeaker, crypto.news, and Inside Bitcoins
Tweets: @jordannovet, @lunarcrush, @wublockchain, and @bmgentile
| Rosie Perper / CoinDesk: |
Yuga Labs announces Dookey Dash, a skill-based game accessed via a free mint on January 17 for BAYC holders and played 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, and nft now
Tweets: @boredapeyc, @boredapeyc, @swombat, @cloutedmind, and @boredapeyc
| Olivia Rockeman / Bloomberg: |
Rent the Runway partners with Amazon to launch an Amazon Fashion online storefront featuring new and second-hand items, expecting ~$4.6M in revenue in Q3 2023 — Rent the Runway Inc. will launch an online storefront with Amazon.com Inc., expanding the clothing rental company's reach beyond the subscription business model.
More:
TechCrunch, WWD, Vogue Business, Business of Fashion, CNBC, and Rent The Runway, Inc.
| Dan Primack / Axios: |
Letter: Social Capital narrows the scope of its Fund V to ~$1B with a focus on early-stage deals vs prior plan to raise much more and back growth-stage startups — Social Capital, the VC firm led by Chamath Palihapitiya, has narrowed the scope of its new fundraise, according to a letter sent …
Tweets: @shaig, @ericnewcomer, @jasonlk, and @danprimack
| Semafor: |
Sources: Tiger Global struggles to raise its latest fund after investors learned it secretly paid a senior female staffer $10M to settle allegations of bullying — Tiger Global, the $60 billion firm that's a major tech investor, has been struggling to raise its latest venture fund since investors learned …
Tweets: @saacksattack
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