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November 3, 2023, 10:10 AM
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| Jacquelyn Melinek / TechCrunch: |
A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and conspiracy in the FTX trial; the judge sets SBF's sentencing for March 28, 2024 — Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty …
More: New York Times, Reuters, CNBC, BBC, CoinDesk, NBC News, The Guardian, CNN, Molly White, Bloomberg, DL News, Finextra, Reuters, New York Times, New York Times, CoinGape, Cointelegraph, Fox Business, ABC News, NPR, The Verge, Decrypt, Ghacks, Cryptopolitan, Decrypt, Bloomberg, CoinStats, Financial Times, The Verge, TechStartups, CoinJournal, crypto.news, Silicon Republic, Wall Street Journal, Forkast, US Department of Justice, Bitcoin Insider, Digital Trends, Bitcoinist.com, CCN.com, NBC 7 San Diego, The Overspill, SlashGear, nft now, Silicon Valley Business …, Fortune, KnowTechie, Engadget, The Hill, Reuters, New York Times, Reuters, CryptoSlate, Variety, Gizmodo, New York Post, Wired, Sky News, Reuters, Courthouse News Service, MarketWatch, Insider, The Messenger, Axios, Fortune, Washington Post, The Daily Beast, Blockworks, New York Daily News, and The Verge
X: @erikvoorhees, @haydenzadams, @alfred_lin, @innercitypress, @lastcallcnbc, @hshaban, @katie_haun, @markdice, @satoshibaggins, @mattbinder, @parismarx, @chafkin, @innercitypress, @garrytan, @autismcapital, @ryansadams, @ryxcommar, @alfred_lin, @ben_mckenzie, @dlauer, @moorehn, @loopifyyy, @asilbwrites, @divine_economy, @coinmamba, @internethippo, @vishal4c, @jimmyvs24, @nichcarlson, @eringriffith, @autismcapital, @innercitypress, @wutangkids, @obsoletedogma, @davecraige, @librariancap, @indian_bronson, @erikvoorhees, @cramertracker, @jasonklau, @steinkobbe, @jacqmelinek, @robustus, @silvermanjacob, @intern, @macromate8, @eking0x, @mattyglesias, @ntmoney, @alexluck9, @greentexts_bot, @drjbhattacharya, @rscharf_, @teddyschleifer, @mattbinder, @foldablehuman, @lilmoonlambo, @drawandstrike, @tristansnell, @markdice, @parikpatelcfa, @hsakatrades, @0xfoobar, @collinrugg, @altcoinpsycho, @cryptonator1337, @kantrowitz, @wolf_vukovic, @danprimack, @byyourlogic, @unusual_whales, @wifeyalpha, @ajb_powell, @thejusticedept, @thekinocorner, @glennthrush, @gfodor, @albz321, and @anammostarac. LinkedIn: Alex Kantrowitz
Forums: Hacker News, r/JoeRogan, r/CryptoCurrencyMAX, r/bayarea, r/nyc, r/Buttcoin, r/technology, r/wallstreetbets, r/GME, r/Superstonk, and Beehaw
| Lora Kelley / The Atlantic: |
Sam Bankman-Fried, who is unkempt, pedigreed, and awkward, replicated what VCs believe a founder should look like, and the door remains open for others like him — The tech industry is designed for people like Sam Bankman-Fried. — Over and over during Sam Bankman-Fried's trial …
Mastodon: @carnage4life@mas.to. X: @valueterminal, @mister_scam, @rod_mallo, @adityarao310, @bangtheclose, @ranjanxroy, @om, @ckreimendahl, @parthos76, @wrongplace_eth, @adamscochran, @georgenhammond, @smtuffy, @roguecfpb, @teddyschleifer, @bamabonds, @buccocapital, @brunoswerneck, @machiavellecon, @valueterminal, @dlberes, @stoneatwine, @vcbrags, @stuartblitz, @dannypage, @buccocapital, @runemirqi, @alfred_lin, @devahaz, and @ghose77
| Apple: |
Apple reports Q4 revenue down 1% YoY to $89.5B, vs. $89.3B est., net income up 11% to $22.9B, Americas sales up 0.8% to $40.1B, Europe sales down 1.5% to $22.5B — iPhone revenue sets September quarter record Services revenue reaches new all-time high — Apple® today announced financial results …
More: Apple, iMore, Ghacks, GSMArena.com, Coinspeaker, Music Ally, PYMNTS.com, NBC 7 San Diego, Yahoo Finance, and Constellation Research
Bluesky: @mranthropology.bsky.social and @epro.social
X: @lexnfx, @ryanshrout, @teroterotero, and @ericjhonsa
Forums: Hacker News, r/apple, and MacRumors Forums
| Kif Leswing / CNBC: |
Apple Q4 revenue: iPhone up 3% YoY to $43.81B, Mac down 34% to $7.61B, iPad down 10% to $6.44B, and Wearables, Home, and Accessories down 3% to $9.32B — - Apple reported fourth-fiscal quarter earnings on Thursday that beat analyst expectations for sales and earnings per share …
More: SamMobile, NBC 7 San Diego, The Guardian, 9to5Mac, Wall Street Journal, MediaNama, Wccftech, Ars Technica, BBC, MacRumors, Philip Elmer‑DeWitt, Wall Street Journal, and 9to5Mac
Threads: @eshumarneedi and @technologizer
Mastodon: @asymco@mastodon.social, @harrymccracken@mastodon …, and @asymco@mastodon.social
X: @rsgnl, @divestech, @paulwiggins, @munster_gene, @neilcybart, @munster_gene, @neilcybart, @munster_gene, @munster_gene, @mgsiegler, @stevemoser, @rsgnl, @htsfhickey, @munster_gene, @rsgnl, and @cnbcnow. LinkedIn: Kif Leswing
Forums: r/apple and r/StockMarket
| Nikkei Asia: |
More: Bloomberg, MacDailyNews, Investor's Business Daily, CNBC, Reuters, and Financial Times
X: @neilcybart, @munster_gene, @neilcybart, and @munster_gene
| Mark Gurman / Bloomberg: |
More: MacRumors, Wall Street Journal, Reuters, MIXED Reality News, Silicon Republic, Six Colors, The Irish Times, WRAL TechWire, The Register, RTÉ, Tech Xplore, MarketWatch, Reuters, 9to5Mac, Insider, Cult of Mac, 9to5Mac, and Supercharged
Mastodon: @stroughtonsmith …. X: @lexnfx, @neilcybart, @htsfhickey, @tech_reve, @munster_gene, @munster_gene, @tech_reve, @neilcybart, @munster_gene, @munster_gene, @neilcybart, and @munster_gene
| Todd Spangler / Variety: |
More: Deadline. Threads: @jakekaldenbaugh. Mastodon: @stevestreza@indieweb.social. Bluesky: @romitmehta.com. X: @neilcybart
| Abner Li / 9to5Google: |
Google's Chrome team stops considering a Web Integrity API proposal that aimed to help enforce IP rights, count ad views, and limit bots, after DRM comparisons — Back in July, Google's work on a Web Integrity API emerged and many equated it to DRM. While prototyped, it was only at the proposal stage …
More: The Register, Android Developers Blog, WinBuzzer, Developer Tech News, Ghacks, Web Environment Integrity, and Chrome for Developers
Threads: @carnage4life. Mastodon: @carnage4life@mas.to, @glassbottommeg …, @joeyh@hachyderm.io, and @thomaswilburn@toot.cafe. Bluesky: @crowslabyrinth.com
Forums: Hacker News, r/programming, Beehaw, and Slashdot
| Tom Warren / The Verge: |
Sources: Microsoft plans to remove the free Xbox Game Pass Ultimate benefit for most staff in Jan. 2024; Phil Spencer said he was unaware and is looking into it — Microsoft is removing the free Xbox Game Pass Ultimate benefit for most of its 238,000 employees and some aren't happy about it.
More: PCMag, GameSpot, TrueAchievements, Video Games Chronicle, Metro, Dexerto, and Game Rant
Bluesky: @zitron.bsky.social. X: @wario64, @twthereddragon, @ethangach, @tomwarren, and @twthereddragon
Forums: Hacker News and r/XboxSeriesX
| Paul Sawers / TechCrunch: |
Amazon settles UK CMA probes over use of third-party data, agreeing not to use “non-public” third-party seller data to benefit its own products, and more — The U.K.'s Competition and Markets Authority (CMA) today announced that it has accepted proposals from Facebook's parent Meta … | Jeff Horwitz / Wall Street Journal: |
Ex-Instagram consultant Arturo Bejar, set to testify in Congress on November 7, says Meta did not fully act on its Well-Being Team's findings to protect teens — When a Meta security expert told Mark Zuckerberg that Instagram's approach to protecting teens wasn't working, the CEO didn't reply.
More: Livemint, Senate Committee on the Judiciary, and Design It For Us
Mastodon: @profcarroll@federate.social. X: @zamaan_qureshi, @zamaan_qureshi, @jensmithnyc, @zamaan_qureshi, @jason_kint, @justinhendrix, @brianboland, @zamaan_qureshi, @zamaan_qureshi, @justinhendrix, @senblumenthal, @zamaan_qureshi, @zamaan_qureshi, @kevinliao_, @ethanwsj, @accountabletech, @jason_kint, @jason_kint, @brianboland, @senblumenthal, @profcarroll, and @senblumenthal
| Brian Krebs / Krebs on Security: |
A look at the Russia-based SWAT USA Drop, whose 1,200+ US employees knowingly or unwittingly reship consumer goods purchased online with stolen credit cards — One of the largest cybercrime services for laundering stolen merchandise was hacked recently, exposing its internal operations, finances and organizational structure.| Bloomberg: |
Coinbase reports Q3 revenue up 14% YoY to $674M, vs. $654.7M est., net loss down 99.6% YoY to $2.3M from $545M YoY, and $76B in trading volume, vs. $80.4B est. — Revenue increased 14% to $674 million, compared with a forecast of $654.7 million by analysts surveyed by Bloomberg.
More: Coinbase, CoinGape, Decrypt, CCN.com, Crowdfund Insider, Forbes, Cryptonews, and CoinStats
| Abner Li / 9to5Google: |
Google AdSense will soon move from paying per click to paying per impression and split the revenue share into separate rates for the buy-side and sell-side — Google today announced two changes to AdSense, but doesn't “expect publishers to see a change in their earnings” and payments.
More: The Keyword, The Verge, and Social Media Today
| Emily Bary / MarketWatch: |
Block reports Q3 revenue up 24% YoY to $5.62B, vs. $5.4B est., profit up 21% YoY to $1.9B, Square profit up 15% YoY, and Cash App profit up 27% YoY; SQ up 15%+ — ‘Really what we expect to see next year is meaningful margin expansion,’ CFO says — Block Inc. reported better …
More: Block, Decrypt, The Block, MarketWatch, CoinStats, Cointelegraph, Bitcoin Insider, and Insider
X: @thetranscript_, @gokulr, and @alistairmbarr
| Akash Sriram / Reuters: |
Elon Musk says xAI will release its first AI model to a select group on November 4 and “in some important respects, it is the best that currently exists” — Elon Musk's artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla (TSLA.O) CEO said on Friday.
More: Forbes, Insider, Bloomberg, Livemint, CNBC, Fortune, TechStartups, WinBuzzer, Mashable, NDTV, CryptoSlate, Firstpost, Financial Times, and Analytics India Magazine
| Jonathan Randles / Bloomberg: |
Court records show FTX advisers gave trading data and customer details to the FBI in recent months in response to subpoenas from at least five FBI field offices — - Alvarez & Marsal gave trading data, customer details to FBI — FTX has responded to subpoenas from at least five FBI offices
Mastodon: @Muddobbers@infosec.exchange
| Reuters: |
China warms to Micron, saying the company deepening its footprint would be welcome, after banning its equipment in key infrastructure in May 2023 — China's commerce minister told Micron Technology Inc's (MU.O) president Beijing would welcome the U.S. semiconductor company deepening …
More: South China Morning Post
| Devin Coldewey / TechCrunch: |
The FTC's lawsuit reveals that Amazon made $1.4B via Project Nessie, an algorithmic scheme that raised product prices and held them there if rivals followed — The mysterious “Project Nessie,” hinted at in what little was not redacted in the FTC's lawsuit against Amazon …
More: Business Today, GeekWire, The Verge, Financial Times, and TechStartups
X: @zeffmax, @stacyfmitchell, @rbreich, and @mattmday
| Bloomberg: |
More: CNBC, Barron's Online, The Seattle Times, Reuters, Washington Post, Seattle Business Journal, VICE, Federal Trade Commission, and Bloomberg
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