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January 12, 2023, 1:15 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 as ex-executives plead guilty — Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
More:
SBF's Substack, Decrypt, The Block, TechCrunch, Wall Street Journal, The Verge, CoinDesk, Bitbanter, Mashable, Wccftech, New York Times, Bloomberg, NBC News, The Economist, Cointelegraph, CNBC, Crowdfund Insider, and CryptoSlate
Tweets: @sbf_ftx, @0xquit, @billackman, @sbf_ftx, @autismcapital, @om, @chrisbloomstran, @asemota, @hotepjesus, @bigblackjacobin, @trungtphan, @compound248, @ceostroff, @mattgoldstein26, @castrotech, @digitallawrence, @smdiehl, @evan_lorenz, @bowtiednightowl, @davidgerard, @teddyschleifer, @unusual_whales, @degen_julian, @ivanthek, @0xquit, @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, @kylascan, @danprimack, @dlauer, @sbf_ftx, @kofinas, @veh0rny, @compound248, @renato_mariotti, @udiwertheimer, @raamana_, @gergelyorosz, @josephpolitano, @iamdcinvestor, @zerohedge, @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 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:
New York Post, WPLG-TV, Miami Herald, Wall Street Journal, The Block, Axios, crypto.news, The Daily Beast, and Crypto Daily
Tweets: @leomschwartz and @bytimreynolds
| 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, CNBC, Bloomberg, Gizmodo, New York Post, Finextra, and Fortune
Mastodon: @profcarroll@federate.social. Tweets: @chrisjbakke, @ali_lev, @carlsetzer, @kennybauf, @om, @uticaeric, @mxmsworld, @ali_lev, @hugh_son, @melissakorn, @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 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.| 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.| 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, @hari, @iwriteok, @mgerrydoyle, @martinsfp, @noahpinion, @hayskali, @smtuffy, and @carnage4life
| 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:
IDC, Gartner, Tom's Hardware, Computerworld, Softpedia News, Barron's Online, Canalys, The Verge, 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
| 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, Decrypt, Blockworks, Fortune, CNBC, CoinDesk, CryptoSlate, CoinGape, Cointelegraph, and Ethereum World News
Tweets: @tier10k, @dylanleclair_, @ap_abacus, @deitaone, @ap_abacus, @coinbureau, @wublockchain, and @nikasgari
| 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, Gizmodo, CNN, Ars Technica, 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, IGN, Gizchina, KitGuru, Eurogamer.net, Engadget, Financial Times, and CNBC. Tweets: @jeffgrubb
| 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, Philip Elmer‑DeWitt, Ars Technica, Softpedia News, HotHardware, XDA Developers, Thurrott, iDownloadBlog.com, WinBuzzer, Macworld, Redmond Pie, Neowin, CNET, TechRadar, ZDNet, Coinspeaker, TechSpot, Tedium, Gizchina, iClarified, TechCircle, and Ed Bott's READ ME
Mastodon: @edbott@mastodon.social. Tweets: @markgurman, @harrymccracken, @mcwm, @harrymccracken, @samifathi_, @dimensionmedia, @technology, @t3mporarybl1p, and @t3mporarybl1p
| 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, KnowTechie, fpt., Mashable, Wccftech, iPhone in Canada Blog, 9to5Mac, Tom's Guide, Forbes, BGR, Macworld, iPhone Hacks, iThinkDifferent, and Engadget
Tweets: @mingchikuo, @mingchikuo, @mingchikuo, and @vadimyuryev
| 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 … | 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 … | 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, Engadget, Tech Advisor, XDA Developers, PCMag, Tom's Hardware, HotHardware, The Verge, PCWorld, PC Gamer, VideoCardz.com, Appuals.com, Wccftech, and TechPowerUp
| 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, ZyCrypto, Decrypt, CryptoSlate, Amazon Web Services, Coinspeaker, crypto.news, and Inside Bitcoins
Tweets: @jordannovet, @lunarcrush, @0xboond, @wublockchain, @bmgentile, and @_patricksutton
| 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 Authority, MobileSyrup, Droid Life, Laptop Mag, TechRadar, SamMobile, Fossbytes, T3, Sammy Fans, and The Verge
Tweets: @rquandt and @mkeallison
| 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:
Cointelegraph, NFT Evening, crypto.news, and nft now
Tweets: @boredapeyc, @boredapeyc, @swombat, @cloutedmind, and @boredapeyc
| Reed Albergotti / Semafor: |
Sources: Coinbase's internal “sentiment” tracker showed Sam Bankman-Fried's FTX was consistently viewed more favorably by the media right up until its collapse — Crypto exchange Coinbase has for years tracked how the company is portrayed in the press and online, and that …
More:
The Information, The Hill, Finbold, and New York Post
Tweets: @silvermanjacob, @brian_armstrong, @zosegal, and @literaryeric
| 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:
The Register, Search Engine Land, SISTRIX, and Gizmodo
Tweets: @kevin_church, @jon_christian, @epro, @birdyword, and @benparr
| 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 …
Tweets: @terronk, @mgonto, @amir, @filippie509, @asmartbear, @greglinden, and @joe_anandarajah
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