Techmeme
December 22, 2020, 8:30 PM

Top News

Nikhilesh De / CoinDesk:
SEC sues Ripple Labs, its CEO Brad Garlinghouse, and Chairman Chris Larsen, alleging they violated federal securities laws in selling XRP to retail consumers  —  The U.S. Securities and Exchange Commission (SEC) believes Ripple Labs violated federal securities laws in selling the XRP cryptocurrency to retail consumers.
Jennifer Epstein / Bloomberg:
Biden transition team says Twitter told it current followers of @POTUS won't carry over to Biden, whose @POTUS account will start at zero, a reversal from 2017  —  - Followers were transfered to Trump from Obama in 2017  — First lady, press secretary accounts also reset to zero
Wall Street Journal:
Draft lawsuit filed by ten US states last week says Facebook and Google agreed to “cooperate and assist one another” against possible antitrust action  —  Draft lawsuit quotes Facebook's Sandberg saying Google pact was a ‘big deal strategically’
Washington Post:
Sources: in the early stages of US antitrust investigations, Facebook offered to help others build a social networking competitor using its network and code  —  The company ramped up its lobbying, hired high-powered lawyers and launched a slew of internal initiatives as the government prepared to sue …
Alex Gallagher / NME:
The COVID-19 relief bill passed by Congress includes the Felony Streaming Bill, which makes illegal streaming for profit a felony, with up to 10 years jail time  —  Targeting illegal for-profit streaming providers, not individual users  —  The US Congress has passed a COVID-19 stimulus bill …
Catalin Cimpanu / ZDNet:
Three VPNs popular with criminals and active for over a decade have had their servers and web domains seized by law enforcement from US, Germany, France, others  —  The three VPN services provided safe haven for cybercriminals to carry out ransomware attacks, web skimming operations, spearphishing, and account takeovers.
Kurt Wagner / Bloomberg:
Substack Blog:
Explaining its content moderation policy, Substack says it will “resist public pressure to suppress voices that loud objectors deem unacceptable”  —  Building a system that puts readers and writers in charge  —  As Substack grows, there is increasing interest in the stance we take on content moderation.
Dana Mattioli / Wall Street Journal:
Investigation details Amazon's campaigns over the years to steamroll rivals and partners, including those on its marketplace, sometimes with Bezos' involvement  —  CEO Jeff Bezos still runs the e-commerce giant with the drive of a startup trying to survive, and that strand of its corporate DNA is becoming a liability
Catalin Cimpanu / ZDNet:
Group of 19 security firms and tech companies including Microsoft and McAfee form Ransomware Task Force to develop a standard framework to deal with ransomware  —  The newly-founded Ransomware Task Force will work to put together a standard framework for dealing with ransomware attacks.
Electronic Frontier Foundation:
The US government's proposal for crypto exchanges to collect identity data from users with self-hosted crypto wallets will expand the US' financial surveillance  —  One of the most important aspects of cryptocurrencies from a civil liberties perspective is that they can provide privacy protections for their users.
Alexander Osipovich / Wall Street Journal:
SEC approves NYSE's plan to let companies raise capital and issue new shares via direct listings, potentially helping startups save on bank fees  —  Proposal lets companies raise capital through direct listings  —  The Securities and Exchange Commission will allow companies …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
Transform sales efficiency with VoIP-CRM integration  —  This is a guest post by CallHippo.  Sales efficiency is critical for success in today's competitive business landscape.  However, many businesses struggle …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Wed. 12/18 - Is Your Home Internet Router About To Be Banned?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:30 PM ET, December 22, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Simon Parkin / New Yorker:
Dean Takahashi / VentureBeat:
New York Times:
Raphael Satter / Reuters:
Reuters: