Techmeme
December 15, 2022, 12:15 AM

Top News

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, TechCrunch, CNBC, CNN, Reuters, Ars Technica, Semafor, Engadget, @JxckS@mastodon.social, SlashGear, Rolling Stone, VICE, Techdirt, @anthony@journa.host, The Shortcut, Insider, Variety, @BGrueskin@journa.host, @SarahBCalif@awscommunity …, @xor@tech.intersects.art, @anthony@journa.host, @mmasnick@mastodon.social, iPhone in Canada Blog, Newser, @anthony@journa.host, Mashable, @emptywheel@mastodon.social, @elonjet@mastodon.social, @mmasnick@mastodon.social, Associated Press, and TechSpot
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.
William Turton / Bloomberg:
The US DOJ starts seizing 48 websites and charges 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 …
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.
Kat Tenbarge / NBC News:
The SEC charges eight influencers with securities fraud, allegedly using Twitter and Discord to manipulate stocks since at least January 2020 in a ~$100M scheme  —  The Securities and Exchange Commission has charged eight influencers with securities fraud, the agency said Wednesday.
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.
Financial Times:
Court filing: FTX Digital Markets co-CEO Ryan Salame told Bahamas' securities commission on November 9 that FTX customer funds were used to cover Alameda losses  —  FTX executive told securities regulator crypto exchange was likely funnelling cash to Alameda trading firm
Bloomberg:
Interviews with dozens of Elon Musk's former employees and partners portray his Twitter as a Shakespearean psychodrama, resulting in something close to disaster  —  It was Day 5 of Elon Musk's riveting, rambunctious takeover of Twitter Inc. The owner and self-proclaimed Chief Twit had spent …
Jay Peters / The Verge:
Tesla rolls out an update, adding support for Steam on 2022 Model S and Model X vehicles or newer with 16GB of RAM, Apple Music, upgraded Light Show, and more  —  Tesla's new “Holiday Update” adds a few long-awaited new features, including the ability to play games from Steam in your car and support for Apple Music.
Matt Levine / Bloomberg:
The SEC sees SBF's “carelessness” argument, after misrepresenting risk management and funneling customer money to Alameda, as a confession, not a fraud defense  —  Oh Sam  —  I.  —  Here is how you run a futures exchange:  — You offer some bets on some propositions, say, whether Bitcoin will go up or down.
Kyle Wiggers / TechCrunch:
EnCharge AI, which offers hardware and software to accelerate AI processing at the edge, emerges from stealth with a $21.7M Series A led by Anzu Partners  —  EnCharge AI, a company building hardware to accelerate AI processing at the edge, today emerged from stealth with $21.7 million in Series …
Meghan Bobrowsky / Wall Street Journal:
As Tesla's stock drops ~60% in 2022, on pace for its worst year on record, investors criticize Elon Musk's involvement in Twitter and his lack of focus on Tesla  —  Supporters of Tesla and Musk are asking questions about who is running the electric-vehicle maker
Cat Zakrzewski / Washington Post:
A tech industry group that includes Google and Meta sues to block California's Age-Appropriate Design Code, saying it would result in content “over-moderation”  —  It's the latest legal salvo over the future of social media regulation, an issue that has been appealed to the Supreme Court.
Miles Kruppa / Wall Street Journal:
A look at Spotter and Jellysmack, two companies offering YouTubers cash in exchange for up to five year of ad sales generated by licensing their old videos  —  Investors bet the back catalogs of top YouTubers will increase in value  —  TikTok, Instagram Reels or YouTube Shorts: Who Will Win the Short-Video Race?
Wall Street Journal:
Tether plans to stop secured loans issued and denominated in its tether stablecoin at some point in 2023, after WSJ reported on the potentially risky practice  —  The rapid growth of Tether's lending program raised concerns about its ability to meet redemptions in a crisis  —  Created with sketchtool.
Bloomberg:
Despite pledges, FEC filings show AT&T, Amazon, Intel, Comcast, and others quietly restarted donations to Republican election deniers ahead of the 2022 midterms  —  Some of the biggest technology and telecom companies jettisoned pledges made in the wake of the US Capitol assault …

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Earlier Picks

Bill Allison / Bloomberg:
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Jack Dorsey: