Techmeme
November 24, 2022, 5:35 AM

Top News

Josh Sisco / Politico:
Sources: the FTC plans to file an antitrust lawsuit to block Microsoft's $69B Activision Blizzard deal, as FTC staff are skeptical of the companies' arguments  —  The Federal Trade Commission is likely to file an antitrust lawsuit to block Microsoft's $69 billion takeover …
Carly Wanna / Bloomberg:
Sam Bankman-Fried plans to speak at The New York Times' annual DealBook Summit on November 30; Andrew Ross Sorkin says “nothing is off limits”  —  In the weeks since crypto exchange FTX collapsed, questions have swirled about everything from the risk management practices …
Steve Lohr / New York Times:
Frederick P. Brooks Jr., a Turing Award recipient who co-led IBM's System/360 and wrote a book cited as gospel by computer scientists, died last week at 91  —  He was a lead designer of the computers that cemented IBM's dominance for decades.  He later wrote a book on software engineering that became a quirky classic.
Sergiu Gatlan / BleepingComputer:
Microsoft says hackers used vulnerabilities in the Boa web server, discontinued in 2005 but widely used across IoT devices, to target the Indian power sector  —  Microsoft said today that security vulnerabilities found to impact a web server discontinued since 2005 have been used to target …
Bloomberg:
Binance CEO Changpeng Zhao says the exchange aims for a ~$1B fund to buy distressed assets and plans to make another bid for bankrupt lender Voyager Digital  —  Binance Holdings Ltd. is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital-asset sector …
Bill Cusick / Stability.Ai:
Stability AI releases Stable Diffusion 2.0, which can generate images with 512x512 and 768x768 default resolutions and upscale images to 2048x2048  —  It is our pleasure to announce the open-source release of Stable Diffusion Version 2.  —  The original Stable Diffusion V1 led by CompVis changed …
Lucas Shaw / Bloomberg:
Sources: Amazon plans to spend $1B+ per year to produce and release movies for theaters, starting with a few releases in 2023, and eventually 12 to 15 annually  —  Amazon.com Inc. plans to spend more than $1 billion a year to produce movies that it will release in theaters …
Stephen Gandel / New York Times:
FTX sister firm Alameda paid $11.5M for control of a small WA-based US-licensed bank, raising questions about why federal regulators approved the deal  —  Through a subsidiary, FTX invested $11.5 million in the parent company of Farmington State Bank, which has a single branch and, until this year, just three employees.
Nikhilesh De / CoinDesk:
Ken Sweet / Associated Press:
David Dayen / American Prospect:
A look at a letter from March by four GOP and four Democratic House members discouraging the SEC from probing crypto firms; five had donations from FTX staff  —  The Securities and Exchange Commission was seeking information from collapsed cryptocurrency exchange FTX earlier this year …
Financial Times:
Foxconn offers ~$1,400 payouts to newly recruited Chinese workers who opt to leave its iPhone factory, aiming to quell unrest after violent clashes with police  —  Apple supplier apologises for ‘technical error’ after violent clashes between workers and police
Bloomberg:
Moneycontrol:
Prosus valued its 9.67% stake in Byju's at $578M at the end of Q3 2022, implying Byju's total value to be $5.9B; Byju's was valued at $22B in October 2022  —  Although Prosus' accounting entry implies that it values Byju's at $5.9 billion, experts say that different shareholders may value a private company differently in their books.
AJ Vicens / CyberScoop:
In its Q3 Adversarial Threat Report, Meta attributes a pro-US campaign to US military-run phony Facebook accounts, Pages, Groups, and Instagram accounts  —  People associated with the U.S. military were behind dozens of phony Facebook accounts, more than a dozen pages, a pair of groups …
Jeff Horwitz / Wall Street Journal:

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
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.
Zoho:
App Spotlight: All in One Accessibility for Zoho CRM  —  Our App Spotlight brings you hand-picked apps to enhance the power of your Zoho apps and tools.  Visit Zoho Marketplace to explore more apps, integrations, and extensions.
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Wed. 11/06 - The Tech Angle To Election Day
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 5:35 AM ET, November 24, 2022.

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

Matthew Yglesias / Slow Boring:
Mary Ann Azevedo / TechCrunch:

Earlier Picks

Patricia Nilsson / Financial Times:
Stuart A. Thompson / New York Times:
Sergiu Gatlan / BleepingComputer: