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December 24, 2022, 8:35 AM
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| Reuters: |
Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX — Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul's Alameda Research …
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Bloomberg, The Guardian, Wall Street Journal, TheStreet, Serious Trouble, Insider, Australian Financial Review, New York Post, crypto.news, The Daily Beast, Associated Press, Cryptopolitan, Financial Times, Cryptonews, The Block, PYMNTS.com, Watcher Guru, Inside Bitcoins, Bloomberg, Bitcoin News, CryptoSlate, Ethereum World News, Cointelegraph, Attack of the 50 Foot …, and Observer
Mastodon: @Popehat@mastodon.social. Tweets: @innercitypress, @innercitypress, @austen, @paleofuture, @paleofuture, @stephofrnt, @innercitypress, @compound248, @innercitypress, @tree_of_alpha, @mattgoldstein26, @goldtelegraph_, @cgasparino, @compound248, @compound248, @cate_long, @sirajahashmi, @qtrresearch, @zerohedge, @wublockchain, @wublockchain, @xrpcryptowolf, @mikemcdonald89, @jeffclarkus, @crypto_coffee, @crypto_coffee, @charlesornstein, @ericbalchunas, @frank_giustra, @reuterslegal, @watcherguru, @ahcastor, @trengriffin, @wholemarsblog, @wublockchain, @lex_node, @phil_lewis_, @innercitypress, and @invresdynamics
| Reuters: |
Sources: Elon Musk had Twitter remove safety resources related to suicide, child sexual exploitation, and more; Twitter says they will return after a revamp — Twitter Inc removed a feature in the past few days that promoted suicide prevention hotlines and other safety resources to users looking …
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The Guardian, BetaNews, BleepingComputer, Sky News, and Livemint
| Naomi Jagoda / Bloomberg: |
After pushback, the IRS delays requiring e-commerce apps such as Venmo, PayPal, Cash App, and Etsy to send tax forms to small businesses with $600+ transactions — The Internal Revenue Service is delaying a requirement for e-commerce platforms, including Venmo, PayPal, Cash App and Etsy …
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Wall Street Journal, Internal Revenue Service, The Block, CNN, BikeList, Watcher Guru, PYMNTS.com, and New York Times
Mastodon: @glennf@twit.social. Tweets: @marshacollier, @gabby_hoffman, @sn_handler, @repcarolmiller, and @senrickscott
| Bloomberg: |
The 2022 crypto winter showed the digital asset ecosystem is more interconnected than many participants realize, despite decentralization being a core tenet — As 2021 came to a close, crypto enthusiasts were brimming with optimism. After all, it had been a banner year: Nonfungible tokens, or NFTs, had crossed into the mainstream.
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coinershub. Tweets: @emilyjnicolle, @crypto, @emilyjnicolle, @crypto, @ourielohayon, and @elfsternberg
| Wayne Ma / The Information: |
A look at the challenges Apple's chip group faces; sources: Apple cut the iPhone 14 Pro's next-gen GPU with ray tracing to avoid battery and overheating issues — For more than a decade, Apple's silicon engineering group has helped give Apple a competitive edge in smartphones and laptops.
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MacRumors, 9to5Mac, iMore, My Laptop Guide, iThinkDifferent, Redmond Pie, iPhone in Canada Blog, MobileSyrup, Engadget, Cult of Mac, MacDailyNews, Appuals.com, iPhone Hacks, BGR, Wccftech, AppleInsider, and iClarified
Tweets: @gavinsbaker, @gavinsbaker, @waynema, and @mvpeers
| Bloomberg: |
The FTC orders Mastercard to give its rivals customer data for processing debit card payments, alleging Mastercard used tokenization to block competing networks — The Federal Trade Commission ordered Mastercard Inc. to start providing its competitors with customer account information …
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Federal Trade Commission, Spectrum News NY1, Reuters, PYMNTS.com, The Hill, and Forbes
Tweets: @linakhanftc, @ftc, and @chopracfpb
| Nate Raymond / Reuters: |
Filing: Meta agrees to pay $725M to settle a class-action lawsuit accusing the company of letting third parties including Cambridge Analytica access users' data — Facebook owner Meta Platforms Inc (META.O) has agreed to pay $725 million to resolve a class-action lawsuit accusing …
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| Lauren Feiner / CNBC: |
Congress passes a $1.7T spending package, including a bill banning TikTok on federal government devices, but fails to pass many aggressive bills targeting tech — - Congress passed a large spending package that includes a bill banning TikTok from being used on government devices.
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Federal Communications …, Forbes, and Washington Post
Mastodon: @carnage4life@mas.to. Tweets: @hawleymo, @senatorwicker, @brendancarrfcc, and @marshablackburn
| Che Pan / South China Morning Post: |
Tencent confirms it joined the open-source chip group RISC-V International as a premier member; 13 out of 25 premier members are from China, including Huawei — Tencent Holdings is the latest Chinese tech firm to join RISC-V International, the world's largest open-source processor architecture group …
Tweets: @tariqkrim, @bgurley, and @bgurley
| Jess Weatherbed / The Verge: |
Jack Sweeney revives @ElonJet as @ElonJetNextDay, tracking Elon Musk's jet with a 24-hour delay, after Twitter banned sharing other peoples' real-time location — The college student who ran the now-banned @ElonJet Twitter account that used public information to track Elon Musk's private jet … | Ingrid Lunden / TechCrunch: |
An interview with Mastodon CEO Eugen Rochko on scaling the network, plans for a split revenue model “like Mozilla's” and no ads, talking to investors, and more — Is federated really the future? — Twitter is in crisis these days. Under new owner Elon Musk …
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TechCrunch and Insider
Mastodon: @taylorlorenz@mastodon.social, @carnage4life@mas.to, @caseynewton@mastodon.social, and @gilduran@journa.host. Tweets: @justinryoung
| Manish Singh / TechCrunch: |
Philadelphia-based Exyn, which develops AI-powered navigation tech for drones and robots, raised a $35M Series B from Reliance and others at a ~$107M valuation — Reliance has backed the Philadelphia-based AI and robotics startup Exyn, the Indian conglomerate disclosed in a stock exchange filing …
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Exyn Technologies, Inc42 Media, and Livemint
| Ivan Mehta / TechCrunch: |
Twitter Blue subscribers can now upload up to 2GB, 60-minute 1080p videos on the web; iOS and Android users are still limited to 512MB, 10-minute 1080p videos — After taking over Twitter, Elon Musk had long promised that the company is working toward making the platform more appealing to video creators.
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Tweets: @_zeets, @ghostfinder, @hildobby_, and @blisstraveler
| Amanda Silberling / TechCrunch: |
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Tweets: @elonmusk, @stammy, @straydognz, @vrunt, @elonmusk, @zachsilberberg, @elonmusk, @kennygesserit, @seyitaylor, @saeeddicaprio, @capybaroness, @davidsacks, @jeffveillette, @elonmusk, @stevenbeschloss, @kloogans, @jeffreyatucker, @jaubreyyt, @anthony, @eric_seufert, @caseybriggs, @katienotopoulos, @junlper, @claytravis, @kcoleman, @drmistercody, @ryancarson, @carnage4life, @charlesarthur, @wbm312, @wbm312, @joshtpm, @kenwattana, @wallstreetsilv, @nima_owji, @stphnfwlr, @nima_owji, @gavinsbaker, @rakeshlobster, @benryanwriter, @mckelvie, @breenewsome, @wagatwe, @lukeisamazing, @carnage4life, @atrios, @conurecc, @josinaanderson, @amuse, and @truefactsstated
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