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February 9, 2023, 10:20 PM
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Sources: Elon Musk fired a Twitter engineer for suggesting that his engagement numbers are tanking not because of a bug but because his popularity is waning — Inside Twitter 2.0, turmoil leaves employees stretched to the max — For weeks now, Elon Musk has been preoccupied with worries about how many people are seeing his tweets.
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Bloomberg, Gizmodo, Insider, The Information, Social Media Today, Forbes, SlashGear, and BGR
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Tweets: @zoeschiffer, @oneunderscore__, @donmoyn, @caseynewton, @esqueer_, @jayblackisfunny, @rexchapman, @kurtwagner8, @heerjeet, @zachbussey, @tomcoates, @seankeeleyisme, @superwuster, @jareddipane, @martinsfp, @futureboy, @caylenb, @robindlaws, @judysquirrels, @tim_maliyil, @anthony, @taylorlorenz, @cwarzel, @bydavidgardner, @danprimack, @harrymccracken, @pt, @acitrano, @karaswisher, @iboudreau, @katienotopoulos, and @andrewflood
| Austin Weinstein / Bloomberg: |
Kraken agrees to pay $30M and discontinue its crypto-asset staking products to settle SEC allegations that its staking services broke US securities rules — Kraken will pay $30 million to settle Securities and Exchange Commission allegations that it broke US securities rules …
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U.S. Securities …, Kraken Blog, CoinDesk, U.S. Securities …, TechCrunch, The Block, CNBC, Web3 is Going Just Great, Cointelegraph, Forkast, The Daily Hodl, San Francisco Business Journal, CoinDesk, CNBC, The Verge, Financial Times, Bitcoin News, The Information, Fortune, Cryptopolitan, CoinGape, CryptoSlate, The Block, Decrypt, Reuters, Bitcoinist.com, and crypto.news
| Financial Times: |
Inside FTX's final hours, described by employees, chat logs, and Sam Bankman-Fried: panic selling assets, failing to raise money, SBF's silence, and bankruptcy — In January, I walked up the front steps of a single-storey, grey-shingled house in a neighbourhood on the fringe of Stanford University.
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The Information and Molly White
Tweets: @kadhim, @annairrera, @kylesgibson, @tier10k, @lex_node, @jeffnolan, @generalboles, @andrewtghill, @jimpethokoukis, @epsilontheory, @gonbegood, @thatdanstewart, @mattvella, @shefaly, @t0nyyates, @katebevan, @mattmaximo1, @kylesgibson, @nikasgari, @wassielawyer, @whalechart, @anjliraval, @kylesgibson, @jamiesont, @coinmamba, @molly0xfff, and @muradahmed
| New York Times: |
Rejecting a deal to let Sam Bankman-Fried use encrypted messaging, a judge orders SBF's lawyers to form a plan to tighten his bail to ensure messages are saved — A federal judge said he was not satisfied with a plan that lawyers for the disgraced FTX founder struck with prosecutors to limit his use of encrypted messaging apps.
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CoinDesk, Cointelegraph, Bloomberg, Reuters, Law & Crime, Watcher Guru, CNN, New York Post, Fortune, crypto.news, and IP Osgoode
| Sara Fischer / Axios: |
Yahoo plans to lay off 20%+ of its workforce and restructure its ad tech unit, impacting 50%+ of the unit, or 1,600+ people; CEO says the cuts are “strategic” — Yahoo plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech unit, executives told Axios.
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Wall Street Journal, CNBC, Engadget, SlashGear, Los Angeles Times, International Business Times, CNN, CNET, SiliconANGLE, TechCrunch, Neowin, and The Information
Tweets: @aripap, @sarafischer, @mjbarash, @jotrader4, @inafried, @sarafischer, and @rustybrick
| Maria Deutscher / SiliconANGLE: |
Microsoft's GitHub cuts 10% of its staff, or an estimated 300+; GitLab cuts 7%, or an estimated 114; report: GitHub will close offices and shift to remote work — Microsoft Corp.'s GitHub unit and publicly traded rival GitLab Inc. today both announced layoffs, disclosing plans to let go 10% and 7% of their respective workforces.
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Fortune. More:
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Tweets: @kyliebytes, @kyliebytes, @maryjofoley, and @kyliebytes
| Alexander Martin / The Record: |
The US and the UK sanction seven people based in Russia, with likely FSB ties, connected to the Conti and Ryuk ransomware gangs and the Trickbot banking trojan — The United Kingdom and United States on Thursday sanctioned seven people connected to what officials have told The Record … | CNBC: |
PayPal says its CEO and president Dan Schulman will retire and leave the company at the end 2023; he will remain a member of PayPal's board of directors — - Schulman became PayPal CEO after the company's split from eBay in 2015. — PayPal said on Thursday that CEO and president Dan Schulman … | Rachael Levy / Reuters: |
The US DOT is investigating Neuralink over the potentially illegal movement of hazardous pathogens, after animal welfare group PCRM wrote to Pete Buttigieg — The U.S. Department of Transportation said on Thursday it is investigating Elon Musk's brain-implant company Neuralink … | Bloomberg Law: |
A US jury finds an artist violated Hermès' rights to the Birkin trademark in 2021 by creating and selling MetaBirkin 100 NFTs depicting versions of the handbags — Luxury brand Hermès International SA won its lawsuit against the digital artist behind “MetaBirkin” …
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Reuters, New York Times, Forbes, The Block, CoinDesk, Observer, The Block, Forkast, Metaverse Post, Decrypt, CoinGape, Fortune, crypto.news, Cryptopolitan, The Hollywood Reporter, IPWatchdog.com, TechCrunch, Decrypt, Bitcoinist.com, and Web3 is Going Just Great
Tweets: @crypto, @blaw, @hkanji, @masonrothschild, @tudorsandtms, @davidgura, @lisahelem, @muyaoshen, and @caulmemaybe
| Reinhardt Krause / Investor's Business Daily: |
Cloudflare reports Q4 revenue up 42% YoY to $274.7M, vs. $274.1M est., and FY 2023 revenue guidance between $1.33B and $1.34B, vs. $1.31B est.; NET jumps 9%+ — Cloudflare (NET) on Thursday reported fourth-quarter earnings and revenue that edged by Wall Street targets.
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Associated Press, MarketWatch, Benzinga, and SiliconANGLE
| Celso Martinho / The Cloudflare Blog: |
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Fastly Blog, SiliconANGLE, and Android Police
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| Michael Kan / PCMag: |
The FCC approves Amazon's plan to mitigate its Kuiper satellite internet system's orbital debris; SpaceX asked for stricter conditions on Kuiper's deployment — SpaceX had urged the FCC to impose stricter conditions to prevent Amazon's satellite internet system Project Kuiper from producing orbital debris.
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Federal Communications …, Gizmodo, SiliconANGLE, SpaceNews, CircleID, DCD, Ars Technica, and GeekWire. Tweets: @b0yle
| Joey Roulette / Reuters: |
SpaceX has limited Ukraine's military from using Starlink to control drones; COO Gwynne Shotwell says the internet service was “never meant to be weaponized” — SpaceX has taken steps to prevent Ukraine's military from using the company's Starlink satellite internet service …
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CNN, SiliconANGLE, BBC, Washington Post, Wall Street Journal, Tech Startups, Observer, New York Times, Engadget, Associated Press, CircleID, The Guardian, The Register, and Ukrainian Freedom News
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| Bloomberg: |
Meta submits data to the EU showing that pop up content warnings stopped Facebook users sharing 25% of flagged posts and 38% on Instagram; TikTok reports 29% — The warnings that pop up when someone tries to share potentially false or misleading posts on TikTok Inc., Instagram and Facebook are ignored most of the time.
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TikTok, New York Times, The Hill, and Metro.co.uk
Tweets: @lukolejnik, @aggichristiane, @mattnavarra, @stworg, @deutschjill, and @stworg
| Yogita Khatri / The Block: |
Tether claims $700M in Q4 profit, in addition to its reserves, and $67.04B in total assets and $66.08B in liabilities; Tether reduced its secured loans by $300M — - Tether issued its latest attestation report, saying its assets exceeded its liabilities as of December 2022.
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tether.to, Ethereum World News, CNBC, and CryptoPotato
Tweets: @paoloardoino, @tether_to, @wublockchain, @jp_koning, @gaborgurbacs, and @mdudas
| Justinas Baltrusaitis / Finbold: |
Apple's Services revenue hit $78.1B in 2022, more than Intel's $63.1B, double Netflix's $31.6B, and above the $72.3B combined revenues of McDonald's and Nike — Apple Services business has now grown to become one of its most lucrative segments, with revenue surpassing that of major corporations.| Chainalysis: |
Analysis: darknet markets made $1.5B in revenue in 2022, down from $3.1B in 2021, led by Hydra Market, despite being shut down by German police in April 2022 — 2022 saw a decline in revenue from the previous year for darknet markets and fraud shops. Total darknet market revenue for 2022 ended …
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CryptoSlate, PaymentSecurity.io, and Gizmodo
| Ted Chiang / New Yorker: |
As ChatGPT and other LLMs repackage info into superficial approximations, like lossy compression for images, the web will become a blurrier version of itself — OpenAI's chatbot offers paraphrases, whereas Google offers quotes. Which do we prefer? — In 2013, workers at a German …
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Today in Tabs
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| Lawrence Abrams / BleepingComputer: |
Reddit suffered a cyberattack on February 5 during which hackers accessed some documents, code, and business systems; the company says users' passwords are safe — Reddit suffered a cyberattack Sunday evening, allowing hackers to access internal business systems and steal internal documents and source code.
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9to5Mac, The Register, Gizmodo, BGR, WebProNews, and Dark Reading
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