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December 22, 2023, 11:30 AM
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| Bloomberg: |
China publishes draft rules for online gaming, including setting spending limits and banning daily login rewards; Tencent plunges 10%+ and NetEase 20%+ — - Tencent, NetEase shares dive in Hong Kong after new rules — Beijing has in recent years sought to combat gaming addiction
More: GamesIndustry.biz, Reuters, Financial Times, The Verge, Barron's Online, Financial Times, PC Gamer, CNBC, Associated Press, Nikkei Asia, South China Morning Post, Video Games Chronicle, Rock, Paper, Shotgun, Variety, Fortune, Finbold, Tech in Asia, TechNode, Forbes, The Information, TechPowerUp, and Dot Esports
X: @stephentotilo, @armanddoma, @noahpinion, and @byjoshye
| Bill Toulas / BleepingComputer: |
ScamSniffer: Google and X ads are promoting sites containing a crypto drainer named “MS Drainer” that has stolen $59M from 63,210 victims since March 2023 — Google and Twitter ads are promoting sites containing a cryptocurrency drainer named ‘MS Drainer’ that has already stolen $59 million … | New York Times: |
Sources: Apple blocking Beeper Mini has caught the attention of the DOJ, which is in the middle of a four-year-old probe into Apple's anticompetitive behavior — Beeper Mini, which offers iPhone messaging on Android phones, has grown fast and its duel with the tech giant has gotten the attention of antitrust regulators.
More: AppleInsider, Federal Trade Commission, Wired, Dexerto, CNET, MacRumors, The Verge, 9to5Mac, iMore, Android Headlines, and Supercharged
Threads: @carnage4life, @carnage4life, and @esg.hound. Mastodon: @jeff@indieweb.social. Forums: MacRumors Forums
| Richard Lawler / The Verge: |
Substack co-founder Hamish McKenzie doubles down on not moderating Nazi content, after 200+ authors criticize the company for “platforming and monetizing Nazis” — More than 200 Substack authors asked the platform to explain why it's “platforming and monetizing Nazis,” …
More: Tech Policy Press, The Popehat Report, Substack, Silicon Republic, New.blicio.us, Reason, and Pixel Envy
Threads: @benedictevans, @renee.diresta, @brian.fishman.5, @carnage4life, @goldengateblond, @aaronrosspowell, @ricmac, @brian.fishman.5, @brian.fishman.5, @anildash, @richardlawler, @hankgreen, @wfnycraig, @quillmatiq, @foglandia, @jkottke, @grantmcconnaughey, @reckless1280, and @xanderoconnor
Mastodon: @paul@oldfriends.live, @thisnorthernboy@mstdn.social, @weirdwriter@tweesecake.social, @stephanie@ottawa.place, @brndnpink@hachyderm.io, @parismarx@mastodon.online, @carnage4life@mas.to, @Jeremiah@alpaca.gold, @buermann@mastodon.social, @drahardja@sfba.social, @jeffjarvis@mastodon.social, @glecharles@zirk.us, and @ernie@writing.exchange
Bluesky: @epro.social, @drskyskull.bsky.social, @sethcotlar.bsky.social, @sethcotlar.bsky.social, @adamserwer.bsky.social, @melissagiragrant.com, and @marisakabas.bsky.social
X: @david_moscrop and @rjcc
| Ethan Gach / Kotaku: |
Hacked files show Insomniac's challenges juggling teams, timelines, and budgets amid possible Sony cuts; Spider-Man 2 cost ~$300M, almost 3x Spider-Man's cost — Internal documents show how a big PlayStation studio plans its future — Insomniac Games quickly established itself …
More: The Verge, Forbes, PC Gamer, Metro, Wccftech, Cryptopolitan, Gameranx, IGN, Neowin, Video Games Chronicle, Gamereactor UK, PC Games Insider, IGN, Game Rant, Wccftech, Forbes, Gameranx, GamingBolt, Aftermath, TweakTown, Gameranx, Gameranx, and Gamereactor UK
| Mark Gurman / Bloomberg: |
Memo: Apple won't offer hardware swaps for out-of-warranty Watch models going back to Series 6 in the US during the ITC's ban but will offer help via software — - Company will only be able to conduct software-based repairs — Hardware swaps for broken Apple Watches won't be offered in US
More: 9to5Mac, MobileSyrup, Cult of Mac, Ghacks, TechRadar, iMore, Tom's Guide, Business Today, Forbes, PhoneArena, KnowTechie, TechCrunch, Livemint, Benzinga, MacRumors, SiliconANGLE, Reuters, PYMNTS.com, Macworld, The Verge, iPhone in Canada Blog, The Messenger, Dexerto, Borneo Bulletin Online, AppleInsider, Supercharged, and MacDailyNews
| Juli Clover / MacRumors: |
More: CNBC, WinBuzzer, The Verge, Wccftech, O'Grady's PowerPage, iMore, Tech.co, WRAL TechWire, iLounge, MacDailyNews, Supercharged, Business News, Yahoo Finance, 9to5Mac, AppleInsider, and BGR
Threads: @danseifert, @danseifert, and @chriswelch
X: @dylanmcd8, @adrianweckler, @macton93, @bzamayo, @vadimyuryev, @jonyiveparody, @basicappleguy, @stevemoser, @appltrack, and @markgurman. Forums: MacRumors Forums
| Richard Waters / Financial Times: |
More: Thurrott, 9to5Mac, Nonobvious, Business Insider, WRAL TechWire, and The Verge
| Financial Times: |
How SoftBank's $500M bet on US mortgage lender Better, once valued at $7B, backfired; BETR is down 90%+ since its August 2023 IPO after a US SEC investigation — Multibillion-dollar investment in start-up soured as interest rates rose and Spac craze ended — In April 2021 … | Max Ramsay / Bloomberg: |
EU member states reject a provisional deal that would have required platforms like Uber and Deliveroo to give full employment status to around 5.5M gig workers — - Rules will go through further negotiations with EU lawmakers — Deal could have cost industry billions of euros annually
More: Fast Company
| Leo Schwartz / Fortune: |
Paxos plans to expand its products to the Solana blockchain on January 17, 2024, after receiving approval from the NY financial regulator — The leading stablecoin issuer Paxos has received regulatory approval to expand its products to the Solana blockchain, which it plans to launch on January 17, 2024.
More: Paxos, The Block, Cointelegraph, Coinpedia Fintech News, and Bitcoin Insider
X: @austin_federa, @solana, @yashhsm, and @solana
| Paul Sawers / TechCrunch: |
Spotify pulls support for two music festivals in France, in protest against a new tax that will impose a levy of 1.5% to 1.75% on all music-streaming services — Spotify is pulling support for two music festivals in protest against a controversial new tax directed at music-streaming platforms operating …
More: The Verge
| Erin Nolan / New York Times: |
Prosecutors: Pornhub operator Aylo admits to profiting for years from porn depicting sex trafficking victims, will pay a $1.8M+ fine, and be assigned a monitor — The company that operates Pornhub and other adult websites has agreed to pay damages to women who said pornographic videos of them were posted online without their consent.
More: The Verge, Variety, US Department of Justice, Associated Press, and The Messenger
| Aisha S Gani / Bloomberg: |
Revolut publishes delayed 2022 accounts, removing a hurdle in its UK banking license bid, reporting revenue up 45% YoY to £922.5M and a £25.4M pretax loss — - Auditors at BDO say issues for 2021 data have been resolved — Fintech reports pretax loss; sees $2 billion revenue this year
More: Financial Times, PYMNTS.com, Independent.ie, Financial Times, Reuters, Sifted, Coinspeaker, AltFi, UKTN, and Business Post
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