Techmeme
December 9, 2022, 10:50 AM

Top News

Kurt Wagner / Bloomberg:
Julia Shapero / The Hill:
Bari Weiss releases “Twitter Files Part Two”, sharing images of accounts that Twitter allegedly put on “blacklists” and screenshots of internal Slack messages  —  Former New York Times columnist Bari Weiss released the second installment of the “Twitter Files” …
Nick Turner / Bloomberg:
Elon Musk says Twitter is working on an update that will show users if they've been “shadowbanned”, the reason why, and how to appeal  —  Twitter Inc. owner Elon Musk, continuing a shake-up of the platform he acquired in October for $44 billion, said the company will begin telling users …
Matthew Goldstein / New York Times:
SBF agrees to testify before a House committee on December 13 but remains quiet about a request from a Senate committee, which could issue a subpoena  —  The FTX founder said on Twitter he would appear before a House committee next week, but was quiet about a similar request from a Senate committee.
Emily Nicolle / Bloomberg:
As US prosecutors reportedly investigate whether FTX and Alameda orchestrated LUNA and UST's collapse, a look at the timeline of events and potential evidence  —  The latest twist in the downfall of crypto maven Sam Bankman-Fried is prompting a reexamination of the implosion …
The Washington Post:
The FTC sues to block Microsoft's $69B Activision Blizzard acquisition, charging that the deal announced in January may suppress Microsoft's gaming competitors  —  Lawsuit marks Lina Khan's most significant effort to date to address tech industry consolidation, and it could upend Microsoft's gaming ambitions
Hannah Miller / Bloomberg:
Singapore-based Amber Group, one of Asia's largest crypto exchanges, cuts 40%+ of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia's leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …
Tim Bradshaw / Financial Times:
Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B, and sources say Gorillas alone at ~$1.2B  —  Combined group worth $10bn represents a fall in valuation as investors turn against lossmaking tech start-ups
Alex Heath / The Verge:
Q&A with Epic CEO Tim Sweeney on his crusade to break Apple's App Store power, which he says is increasingly a problem of free speech and not just business  —  Sweeney says he's willing to go to the Supreme Court to fight Apple's control of the App Store.  But first, he's hoping Congress will act before it's too late.
Chelsey Cox / CNBC:
The SEC asks US public companies to disclose to investors their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”  —  - The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.
Cecilia D'Anastasio / Bloomberg:
The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship and ad market, falling VC investment, and the crypto meltdown  —  The once-thriving esports industry has fallen on hard times as funding sources dwindle and signs abound that athletic competition via video games …

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Frederic Lardinois / TechCrunch:
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