Techmeme
December 15, 2022, 7:30 AM

Top News

Ryan Mac / New York Times:
Twitter updates its private information and media policy with new rules, including suspending accounts “dedicated to sharing someone else's live location”  —  The suspended accounts include one that followed the private plane of Elon Musk, Twitter's owner.
Bloomberg:
Twitter suspends ~30 accounts sharing private jets' locations via public data, including @ElonJet, which Elon Musk had said he wouldn't ban for tracking his jet  —  Twitter Inc. has suspended multiple accounts that track the locations of private jets using publicly available flight data …
More: Washington Post, BuzzFeed News, Wall Street Journal, The Verge, Techdirt, Boing Boing, MarketWatch, @JxckS@mastodon.social, Wall Street Journal, CNBC, CNN, Semafor, Engadget, SlashGear, Fast Company, @SarahBCalif@awscommunity …, @anthony@journa.host, @anthony@journa.host, @xor@tech.intersects.art, @anthony@journa.host, Rolling Stone, Insider, and Newser
Financial Times:
Court filing: FTX Digital Markets co-CEO Ryan Salame told The Bahamas' securities commission on November 9 that customer funds were used to cover Alameda losses  —  FTX executive told securities regulator crypto exchange was likely funnelling cash to Alameda trading firm
Bloomberg:
Internal FTX documentation shows a GitHub account bearing the name of engineering director Nishad Singh authored code to hide Alameda's ballooning liabilities  —  A GitHub account bearing the name of former FTX executive Nishad Singh authored code that hid Alameda Research's ballooning liabilities …
Dave Lee / Financial Times:
Bloomberg:
William Turton / Bloomberg:
The US DOJ seized 48 websites and charged six people for allegedly running “booter” DDoS-for-hire services used to launch millions of attacks globally  —  The US seized dozens of internet domains and charged six people in a sting intended to bring down a network of cyberattack-for-hire services …
Keith Zhai / Wall Street Journal:
Sources: hoping to boost the economy, Chinese officials begin reassessing tech policies and plan to close long-running investigations against internet companies  —  Senior officials are setting a robust GDP growth target of more than 5% for next year as they loosen Covid rules and de-emphasize ideology
Marco Quiroz-Gutierrez / Fortune:
PayPal launches an integration with the MetaMask Web3 wallet that lets users purchase and transfer ether, rolling out to all US customers in the coming weeks  —  Users of the popular MetaMask Web3 wallet will soon be able to buy the second-most-popular cryptocurrency, Ether, via PayPal.
Jamie Crawley / CoinDesk:
US Senators Elizabeth Warren (D) and Roger Marshall (R) introduce the Digital Asset Anti-Money Laundering Act, including KYC requirements for wallets and miners  —  The proposal will bring know-your-customer rules to crypto participants such as wallet providers and miners.
Paresh Dave / Reuters:
The US sentences former Twitter employee Ahmad Abouammo to 3.5 years, after he was found guilty of spying for Saudi Arabia by sharing user data in August 2022  —  A former Twitter Inc manager convicted of spying for Saudi Arabia was sentenced to 3-1/2 years in U.S. prison, prosecutors said on Wednesday.
MK Manoylov / The Block:
Binance spokesperson Patrick Hillmann claims Changpeng Zhao has traveled to the US without publicizing it, after rumors that he could face legal difficulties  —  - Binance's Chief Strategy Officer and company spokesperson Patrick Hillmann said that CEO Changpeng “CZ” Zhao has been in the U.S. …
Zack Beauchamp / Vox:
A look at The Managerial Revolution, a 1941 book that predicted the rise of the “managerial class” over capitalists and may help explain Elon Musk's Twitter  —  The long shadow of James Burnham's The Managerial Revolution.  —  Since the launch of the so-called “Twitter Files” …
Igor Bonifacic / Engadget:
Twitter plans to shut down its newsletter platform Revue and delete all related data on January 18, 2023, after acquiring the company in January 2021  —  One day after Jack Dorsey took to Revue to share his thoughts on the Twitter Files, the company announced it would shut down the newsletter platform early next year.

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More News

Cat Zakrzewski / Washington Post:

Earlier Picks

Bloomberg:
Kat Tenbarge / NBC News:
Jay Peters / The Verge:
Jack Dorsey: