Techmeme
December 19, 2022, 4:45 PM

Top News

Washington Post:
Elon Musk's poll asking “should I step down as head of Twitter?” ends with 57.5% voting yes, after Musk says Twitter polls will determine “major policy changes”  —  After a new policy prompted backlash, Twitter CEO Elon Musk said future policies would be determined by polls
Brian Fung / CNN:
Twitter deletes @TwitterSupport's thread and a policy webpage detailing its controversial new policy to ban accounts for promoting other social media platforms  —  Twitter deleted its controversial new policy on Sunday evening that had banned links to certain other social media platforms …
Matt Levine / Bloomberg:
Analysis of Elon Musk's reported attempts to raise more money for Twitter via an equity sale at an absurd price, why his successor will be unpopular, and more  —  Oh Elon  —  Imagine taking the job!  Yesterday Elon Musk tweeted a poll asking if he should step down as “head” of Twitter Inc.; …
Tweets: @matt_levine
Dan Primack / Axios:
Sources: some Twitter investors were told Elon Musk would step down after three to six months and are divided on his decisions; any new CEO would report to Musk  —  Twitter's investors have divided into two camps: copacetic and apoplectic. … But investors were told that a transition …
Twitter Safety:
Emma Roth / The Verge:
Wall Street Journal:
Epic Games agrees to pay the FTC $520M to resolve two complaints over allegedly violating COPPA and tricking users into making unintended purchases in Fortnite  —  The agency alleged that the company invaded children's privacy and tricked players of all ages into making unintended purchases
Reuters:
Analysis of Binance filings in 14 jurisdictions: the exchange has opaque operations, does not disclose where Binance.com is based, offers little data, and more  —  The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token.
Casey Wagner / Blockworks:
Claire Boston / Bloomberg:
Rosie Perper / CoinDesk:
Yuga Labs, which develops the BAYC NFTs, names former Activision Blizzard President and COO Daniel Alegre as CEO, starting in H1 2023 and replacing Nicole Muniz  —  The Bored Ape parent company said Alegre's previous gaming experience will help advance the brand's Otherside metaverse and propel …
Kurt Wagner / Bloomberg:
Meta CTO Andrew Bosworth says the company plans to devote ~20% of its costs and expenses to Reality Labs in 2023, up from 18% in Q3 2022; META is down ~66% YTD  —  Facebook parent company Meta Platforms Inc. will continue to devote about 20% of its overall costs and expenses to Reality Labs in 2023 …
Stephanie Bodoni / Bloomberg:
The European Commission sends Meta a statement of objections for alleged antitrust breaches over tying Marketplace to Facebook and imposing unfair trading terms  —  Meta Platforms Inc. was hit with a complaint from European Union antitrust watchdogs over concerns it's unfairly squeezing …
Vicky Ge Huang / Wall Street Journal:
Investor letter: Grayscale CEO Michael Sonnenshein details options if its Grayscale Bitcoin Trust's ETF plans fail, including a tender for outstanding shares  —  Michael Sonnenshein attempts to assuage fears of Grayscale Bitcoin Trust investors after collapse of FTX

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Thu. 11/21 - What The DOJ Wants Google To Do
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:45 PM ET, December 19, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Bloomberg: