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January 12, 2023, 5:00 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, Wall Street Journal, Decrypt, CoinDesk, Cointelegraph, Engadget, Bitbanter, Wccftech, TechCrunch, New York Times, Mashable, Crowdfund Insider, Bloomberg, CryptoSlate, The Verge, CoinDesk, CNBC, and NBC News
Mastodon: @davidgerard@circumstances.run. Tweets: @sbf_ftx, @0xquit, @billackman, @sbf_ftx, @compound248, @ceostroff, @mattgoldstein26, @sbf_ftx, @daveweisberger1, @ceostroff, @caitlinlong_, @cryptohayes, @unusual_whales, @degen_julian, @castrotech, @ivanthek, @0xquit, @bowtiednightowl, @kadhim, @anthony, @sbf_ftx, @byrnehobart, @bee_are_, @defiyst, @om, @crypthoem, @compound248, @ryansadams, @kantrowitz, @tiffanyfong_, @wassielawyer, @degeneratenews, @scottnover, @dlauer, @chrisbloomstran, @umbrella_uni, @nope_its_lily, @smtuffy, @digitallawrence, @wassielawyer, @wassielawyer, @compound248, @davidgerard, @kylascan, @hotepjesus, @danprimack, @dlauer, @kofinas, @veh0rny, @compound248, @renato_mariotti, @udiwertheimer, @raamana_, @gergelyorosz, @josephpolitano, @iamdcinvestor, @zerohedge, @teddyschleifer, @ivanthek, @kirbylarp, @smtuffy, @cameronmoulene, @austen, @asemota, @defiyst, @kadhim, @basedkarbon, @caspiancey, @0xshittrader, @smdiehl, @bondhack, @macrocrg, @loopifyyy, @tiffanyfong_, @kantrowitz, @wublockchain, @functi0nzer0, @pierre_crypt0, @xyzqcrypto, @stoicsavage, @alex, @alexandrascaggs, @compound248, @pledditor, @metalawman, @seyitaylor, @degeneratenews, @kadhim, @davidgura, @autismcapital, @xamanap, @hactar0, @christorreslugo, @iamdcinvestor, @compound248, @mylesudland, @smilinglllama, @coloradotravis, @emptywheel, @avcrypto_, @bigblackjacobin, @joepwilliams31, and @jessicanutt96
| 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:
Miami Herald, New York Post, Wall Street Journal, WPLG-TV, Axios, and The Daily Beast
Tweets: @leomschwartz and @byajperez
| 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.
More:
CoinDesk, Dirty Bubble Media, Reuters, Novinite.com, PYMNTS.com, Decrypt, The Sofia Globe, BestBrokers.com, Cryptonews, The Crypto Basic, Bitcoinist.com, Cointelegraph, CryptoPotato, crypto.news, Bitcoin News, The Block, Protos, Ethereum World News, and CoinGape
Mastodon: @davidgerard@circumstances.run. Tweets: @nexo, @nexo, @emilyjnicolle, @wublockchain, @arkhamintel, @adamscochran, @mikeburgersburg, @ramahluwalia, @jconorgrogan, @cryptonator1337, @otteroooo, @kamikaz_eth, @frances_coppola, @inversebrah, @otteroooo, @matigreenspan, @silvermanjacob, and @nexo
| 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:
The Register, Engadget, The Verge, Thurrott, Windows Central, BigTechWire, and OnMSFT.com
| Tony Stubblebine / The Official Medium Blog: |
Medium launches a Mastodon instance on me.dm, promising members a service with reliable moderation, smoother onboarding, an interesting local feed, 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 …
More:
TechCrunch and Bloomberg
Mastodon: @medium@me.dm, @coachtony@me.dm, @ASegar@mastodon.social, @raynor@raynor.haus, @Penguinflight@mastodon.online, @happyborg@fosstodon.org, @werwolf@fosstodon.org, @miklo@fosstodon.org, @aral@mastodon.ar.al, @coachtony@me.dm, @nilesh@fosstodon.org, @kissane@mstdn.social, @atomicpoet@mastodon.social, @tchambers@indieweb.social, @kissane@mstdn.social, @biz@me.dm, @coachtony@me.dm, @coachtony@me.dm, @dansinker@omfg.town, @coachtony@me.dm, @markhughes@mastodon.social, and @anildash@me.dm
Tweets: @carlquintanilla, @tonyajoriley, @dimensionmedia, @kurtwagner8, @samro, @kidehen, @mhbergen, @jlori, @asmartbear, @tmcw, @brittanyjezouit, and @medium. Thanks:@chrismessina
| 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.”
More:
Wall Street Journal, CNBC, Fortune, Bloomberg, Insider, Fast Company, Today in Tabs, Gizmodo, and New York Post
Mastodon: @profcarroll@federate.social. Tweets: @chrisjbakke, @ali_lev, @kennybauf, @ali_lev, @hugh_son, @melissakorn, @alexrkonrad, @lessin, @_iainmartin, @kashhill, @gokulr, @uticaeric, @ulonnaya, @nickatfp, @gergelyorosz, @tomgara, @kt_so_it_goes, @sub8u, @lexnfx, @bakerdphd, @goldiestandard, @mxmsworld, @caleweissman, @debarghya_das, @melissakorn, @ozard_ofwiz, @intuitmachine, @healthbjk, @janeruffino, @oliviasolon, @theashrb, @seamushughes, @gergelyorosz, @goodtweet_man, @krishnanrohit, @dancow, @om, @ali_lev, @deljohnsonvc, @thestalwart, and @martinsfp
| 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, Finextra, The Block, Reuters, CNBC, CryptoPotato, Fortune, CoinGape, CryptoSlate, Blockworks, CoinDesk, and Ethereum World News
Tweets: @tier10k, @ap_abacus, @deitaone, @dylanleclair_, @ap_abacus, @coinbureau, @wublockchain, @nikasgari, @stevesokolowsk2, and @neiljacobs
| 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, @kantrowitz, @wihorne, @iwriteok, @mgerrydoyle, @martinsfp, @noahpinion, @hayskali, and @hari
| Bloomberg: |
Sources: Google and Nvidia told the FTC that the Activision Blizzard deal could give Microsoft an unfair advantage in cloud, subscription, and mobile gaming — Alphabet Inc.'s Google and Nvidia Corp. have expressed concerns to the Federal Trade Commission about Microsoft Corp.'s acquisition …
More:
Ars Technica and GameSpot
| 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 … | 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, IGN, TheGamer, CNBC, Eurogamer.net, Engadget, KitGuru, and Financial Times. Tweets: @jeffgrubb
| 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:
Ars Technica, Android Police, BGR, Android Central, MobileSyrup, TechRadar, Sammy Fans, Tom's Guide, and Laptop Mag
Tweets: @universeice, @rquandt, and @mkeallison
| 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:
CNN, NBC News, Ars Technica, and Gizmodo
Tweets: @petemuntean, @kritiguptanews, @datachick, and @decodethefirm
| Kenrick Cai / Forbes: |
Sources: low-code app development tool startup OutSystems raised $228.4M in October 2022 at a $4.3B valuation, 55% lower than February 2021's $9.5B valuation — OutSystems, a software firm which sells low-code app development tools, quietly raised a new financing round last October at less …
Tweets: @kenrickcai
| 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.| Semafor: |
Sources: Tiger Global struggles to raise its latest fund after investors learned it secretly paid a senior female employee $10M to settle bullying allegations — Tiger Global, the $60 billion firm that's a major tech investor, has been struggling to raise its latest venture fund since investors learned … | 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 …
More:
Intel, Thurrott, Tom's Hardware, Engadget, Tom's Guide, Tech Advisor, Digital Trends, The Verge, XDA Developers, TechRadar, PCMag, PC Gamer, Wccftech, PCWorld, Appuals.com, HotHardware, and TechPowerUp
| Kenrick Cai / Forbes: |
Butter Payments, which uses AI to help companies catch accidental subscription churn, raised a $21.5M Series A led by Norwest, sources say at a ~$100M valuation — A decade ago, Microsoft, Dropbox and Scribd were all leaking money. They were losing millions a year to subscriptions that were being …
More:
PYMNTS.com
| 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:
9to5Mac, iPhone in Canada Blog, Macworld, Softpedia News, Forbes, BGR, Mashable, Tom's Guide, BigTechWire, iThinkDifferent, fpt., KnowTechie, and Wccftech
Tweets: @mingchikuo, @mingchikuo, @vadimyuryev, and @rsgnl
| 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 …
More:
TSMC, SiliconANGLE, Philip Elmer‑DeWitt, Wall Street Journal, Bloomberg, Barron's Online, Patently Apple, TheStreet, BGR, Wall Street Journal, Apple Must, The Register, Coinspeaker, Tech Xplore, and MacDailyNews
Tweets: @drikramulhaq and @kentaro_iwamoto
| 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:
Decrypt, Metaverse Post, NFT Evening, and crypto.news
Tweets: @boredapeyc, @boredapeyc, @swombat, @cloutedmind, @boredapeyc, and @giancarlochaux
| Dan Primack / Axios: |
Letter: Social Capital shrinks its Fund V to ~$1B with a focus on early-stage deals, vs. its prior plans 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 to prospective investors and obtained by Axios.
Tweets: @ericnewcomer and @jasonlk
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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 …
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