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December 2, 2022, 5:55 PM
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| Financial Times: |
Sources: Alameda sheltered FTX from an up to $1B loss in April 2021 after an FTX trader's MobileCoin trade went bad, wiping out Alameda's 2021 profits — Alameda Research sustained up to $1bn loss last year when client's trade on obscure token went sour — Hedge fund Alameda Research stepped …
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Forbes, CryptoPotato, Ethereum World News, and CoinDesk
| CNBC: |
Filing: DOJ requests the appointment of an independent examiner to probe “substantial and serious allegations of fraud, dishonesty” that led to FTX's bankruptcy — - FTX's bankruptcy case demands an independent review, the Department of Justice said, because of allegations …
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Bloomberg, CoinDesk, The Information, PYMNTS.com, SiliconANGLE, Fortune, International Business Times, Reuters, Cointelegraph, CoinGape, Decrypt, and The Block
Tweets: @allyversprille, @timevalueofbtc, and @trengriffin
| Ivan Mehta / TechCrunch: |
Google says it is testing end-to-end encryption for RCS-based group chats on its Messages app — Google said today it is testing end-to-end encryption for RCS-based group chats on its Messages app — RCS stands for Rich Communication Services. The company noted that it will be rolling …
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The Keyword, Android Developers Blog, 9to5Google, Insider, 9to5Google, ZDNet, Engadget, AppleInsider, MacRumors, Thurrott, The Verge, MobileSyrup, PCMag, xiaomiui, iMore, Android Central, Android Authority, Gizmodo, iPhone in Canada Blog, XDA Developers, Phone Scoop, Droid Life, Android Authority, and Android Police
Tweets: @mishaalrahman and @google
| Newley Purnell / Wall Street Journal: |
Ye's Twitter account is suspended after he tweeted a picture of a swastika merged with a Star of David; Elon Musk replied, saying he violated Twitter rules — West, who goes by Ye, recently had his account restored after being banned in October — Kanye West Offers to Buy Parler Amid Backlash Over Anti-Semitic Posts
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| Patience Haggin / Wall Street Journal: |
Sources: Twitter offers advertisers generous incentives, including matching $500K to $1M in spending in 2022, in a bid to jump-start its faltering business — Advertisers booking at least $500,000 in incremental spending would be matched, up to a $1 million cap — Elon Musk Says Twitter Bankruptcy Is a Possibility.
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| Jonathan Vanian / CNBC: |
Amazon's senior VP of global media and entertainment Jeff Blackburn will leave in early 2023; Blackburn left Amazon in February 2021 and rejoined in May 2021 — - Blackburn will remain at the company through early 2023 to “ensure a smooth transition.” — Blackburn joined Amazon in 1998 …
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About Amazon, Bloomberg, GeekWire, The Information, Deadline, Reuters, and Variety. Tweets: @amazonnews
| Adam Morgan McCarthy / The Block: |
Mike Novogratz's Galaxy Digital agrees to buy high-security custodian GK8 from bankrupt crypto lender Celsius; Celsius acquired GK8 for $115M in late 2021 — - Mike Novogratz's Galaxy Digital agreed to buy GK8 from Celsius. — GK8 was originally acquired by Celsius for $115 million in late 2021.
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Galaxy Digital Holdings Ltd., CoinDesk, The Information, Reuters, CoinGape, crypto.news, Bitcoinist.com, Blockworks, Ethereum World News, Bloomberg, Decrypt, CryptoPotato, and CryptoSlate. Tweets: @novogratz
| Richard Waters / Financial Times: |
Palmer Luckey's Anduril, which builds autonomous systems for the US military, raised nearly $1.5B at a $7B pre-money valuation, up from $4.2B in June 2021 — Second-biggest venture capital round of the year in the US values company at $7bn — Defence technology start-up Anduril …
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Crunchbase News, SiliconANGLE, Anduril Blog, and Axios
Tweets: @originalspin, @ktmboyle, @eladgil, @westcoastbill, and @ingridlunden
| New York Times: |
China is using phone trackers and other tools to track protestors, the first time mass surveillance has been directed at middle-class people in affluent cities — After a weekend of protests, the authorities in China are using the country's all-seeing surveillance apparatus to find those bold enough to defy them.| Derek Thompson / The Atlantic: |
A look at some implications for generative AI: “answer engines” replacing search engines, AI mastering cognitive tasks by surveilling how experts work, and more — This is Work in Progress, a newsletter by Derek Thompson about work, technology, and how to solve some of America's biggest problems.| Kristin Robinson / Billboard: |
Triller removes music catalogs for UMG, WMG, Sony Music, and Merlin after Sony filed a lawsuit claiming Triller failed to make payments worth “millions” — Following Sony's lawsuit, one label source says “millions” in unpaid royalties are the issue. Triller denies this, saying the app is “reassessing” label deals.
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Gizmodo, dot.LA, and Digital Music News
Tweets: @taylorlorenz, @wordsbykristin, and @caseynewton
| Frederic Lardinois / TechCrunch: |
AWS launches Application Composer, a low-code tool for visually designing and building serverless applications with a drag-and-drop interface — At its re:Invent conference today, AWS announced the launch of AWS Application Composer, a new low-code tool for visually designing and building serverless applications.
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SiliconANGLE, DEVCLASS, and Mostly Cloudy
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