Techmeme
December 13, 2022, 11:00 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans to allow third-party app stores on iOS 17 and iPadOS 17 in the EU, due to EU requirements in 2024, including letting users change defaults  —  Apple Inc. is preparing to allow alternative app stores on its iPhones and iPads, part of a sweeping overhaul aimed at complying …
U.S. Securities and Exchange Commission:
The SEC charges Sam Bankman-Fried with defrauding investors and concealing diverting FTX customer funds to Alameda while raising $1.8B+ since at least May 2019  —  Defendant concealed his diversion of FTX customers' funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors
CNBC:
The Southern District of New York charges SBF with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, money laundering, and more  —  - Federal prosecutors in the Southern District of New York unsealed eight separate charges against disgraced FTX co-founder Sam Bankman-Fried …
Bloomberg:
New York Times:
Sources: Twitter stopped paying rent on offices and is considering not paying severance packages to cut costs, as its top lawyer Alex Spiro leaves the company  —  Twitter has stopped paying rent on offices and is considering not paying severance packages to former employees, among other measures.
Lauren Feiner / CNBC:
US lawmakers introduce legislation that aims to ban TikTok or any social media company in, or under the influence of, China, Russia, and other US adversaries  —  - A new bill from a bipartisan group of lawmakers would ban TikTok in the U.S.  — The bill comes after years of broad concern across …
Platformer:
Sources: Twitter is considering forcing all users to opt in to personalized ads and share their location data but may let Blue users opt out of personalized ads  —  Agree to personalize your ads — or else  —  A month ago, when Elon Musk's Twitter first set out to revamp the Twitter Blue subscription …
Melissa Heikkilä / MIT Technology Review:
When a female reporter tried Lensa, many of her 100 avatars were “pornified”, with 16 topless; her male peers got avatars of astronauts, warriors, and the like  —  When I tried the new viral AI avatar app Lensa, I was hoping to get results similar to some of my colleagues at MIT Technology Review.
Jack Dorsey / Revue:
Responding to the “Twitter Files”, Jack Dorsey defends against attacks on Twitter staff, advocates for an open social media protocol, commits $1M/year to Signal  —  By subscribing, you agree with Revue's Terms of Service and Privacy Policy and understand that jack's will receive your email address.
Stephanie Murray / The Block:
John Ray III tells the US House that FTX's bankruptcy is “paperless” due to an “unprecedented” lack of documentation, FTX and Alameda are not distinct, and more  —  - New FTX CEO John Ray III said top executives at FTX had “free rein” over the company's many entities.
Adam James / The Block:
Binance CEO addresses major USDC outflows, saying users can “withdraw any other stablecoin”; Nansen: users withdrew ~$1.6B on the Ethereum network in 24 hours  —  - Binance CEO Changpeng Zhao has addressed major USD Coin outflows.  — Some $1.6 billion has been withdrawn …
Beatrice Peterson / ABC News:
Meta plans to release Hasher Matcher Actioner, a moderation tool to help platforms identify terrorist or human trafficking content, for free and as open source  —  It said it will help prevent the spread of violent images on the internet.  —  Meta, formerly named Facebook …
Cordilia James / Wall Street Journal:
Instagram rolls out Notes, friend-focused status updates that appear atop the inbox, to all users, and begins testing BeReal-like Candid Stories in South Africa  —  With fresh ways to connect with friends, is Instagram trying to be Instagram again?  —  Polished is out and authentic …
Steven Ehrlich / Forbes:
A look at a draft of Sam Bankman-Fried's planned US House testimony, including accusations against John Ray III and screenshots of a chat with Changpeng Zhao  —  Sam Bankman-Fried, founder of collapsed crypto exchange FTX, was scheduled to testify Tuesday before the U.S. House of Representatives Committee on Financial Services.
Bloomberg:
Jennifer Elias / CNBC:
During a recent all-hands, Google's AI chief said the company is moving “more conservatively than a small startup” on AI-chat tech due to reputational risks  —  - Google employees asked executives at an all-hands meeting whether the AI chatbot that's going viral represents a “missed opportunity” for the company.
More: Slashdot
Ivan Mehta / TechCrunch:
Apple rolls out iOS 16.2, iPadOS 16.2, and macOS 13.1, with improved iCloud data encryption, AirDrop limitations, Freeform, and an Apple Music karaoke feature  —  Apple is rolling out its iOS 16.2 update for all users today along with iPadOS 16.2 and macOS Ventura 13.1.
Emma Roth / The Verge:
DoNotPay announces an AI-powered chatbot that can negotiate bills and cancel subscriptions by chatting to customer service, rolling out in the next two weeks  —  DoNotPay, the company that bills itself as “the world's first robot lawyer,” is launching a new AI-powered chatbot that can help …

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