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February 9, 2023, 5:30 PM
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Sources: Elon Musk fired a Twitter engineer for suggesting that his engagement numbers are tanking not because of a bug but because his popularity is waning — Inside Twitter 2.0, turmoil leaves employees stretched to the max — For weeks now, Elon Musk has been preoccupied with worries about how many people are seeing his tweets.
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Insider and Forbes
Mastodon: @twone2@journa.host, @micah@indieweb.social, @mimsical@mastodon.social, @KevinMarks@xoxo.zone, @stannenb@octodon.social, @stop@me.dm, @paul@tapbots.social, @robpegoraro@journa.host, and @mmasnick@mastodon.social
Tweets: @zoeschiffer, @oneunderscore__, @caseynewton, @anthony, @acitrano, @andrewflood, @robindlaws, @danprimack, @bydavidgardner, @heerjeet, @tomcoates, @lorakolodny, @fmanjoo, @phil_lewis_, @martinsfp, @tomgara, @seankeeleyisme, @iboudreau, @zachbussey, @jareddipane, @futureboy, @taylorlorenz, @kurtwagner8, @tim_maliyil, @karaswisher, @caylenb, and @harrymccracken
| Austin Weinstein / Bloomberg: |
Kraken agrees to pay $30M and discontinue its crypto-asset staking products to settle SEC allegations that its staking services broke US securities rules — Kraken will pay $30 million to settle Securities and Exchange Commission allegations that it broke US securities rules …
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U.S. Securities …, CoinDesk, Kraken Blog, CoinDesk, TechCrunch, CNBC, San Francisco Business Journal, CoinDesk, The Verge, The Information, Blockworks, Reuters, The Block, Decrypt, Web3 is Going Just Great, Fortune, Cointelegraph, Financial Times, Bitcoin News, CryptoSlate, Cryptopolitan, CryptoPotato, Crowdfund Insider, PBN3's Substack, crypto.news, and CoinGape
| Financial Times: |
Inside FTX's final hours, described by employees, chat logs, and Sam Bankman-Fried: panic selling assets, failing to raise money, SBF's silence, and bankruptcy — In January, I walked up the front steps of a single-storey, grey-shingled house in a neighbourhood on the fringe of Stanford University.
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The Information, Insider, and Associated Press
Tweets: @kadhim, @epsilontheory, @annairrera, @kylesgibson, @tier10k, @lex_node, @jeffnolan, @generalboles, @andrewtghill, @smdiehl, @jimpethokoukis, @gonbegood, @thatdanstewart, @mattvella, @shefaly, @t0nyyates, @janinegibson, @katebevan, @mattmaximo1, @kylesgibson, @nikasgari, @wassielawyer, @whalechart, @anjliraval, @kylesgibson, and @jamiesont
| New York Times: |
Rejecting a deal to let Sam Bankman-Fried use encrypted messaging, a judge orders SBF's lawyers to form a plan to tighten his bail to ensure messages are saved — A federal judge said he was not satisfied with a plan that lawyers for the disgraced FTX founder struck with prosecutors to limit his use of encrypted messaging apps.
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CoinDesk, Bloomberg, Cointelegraph, Reuters, Cryptopolitan, crypto.news, Watcher Guru, New York Post, CNN, Fortune, Law & Crime, and IP Osgoode
| Dietrich Knauth / Reuters: |
A judge lets FTX subpoena Sam Bankman-Fried, his parents, brother, former FTX CTO Garry Wang, former FTX COO Constance Wang, and ex-Alameda CEO Caroline Ellison — Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder Sam Bankman-Fried and members … | Alexander Martin / The Record: |
The US and the UK sanction seven people based in Russia, with likely FSB ties, connected to the Conti and Ryuk ransomware gangs and the Trickbot banking trojan — The United Kingdom and United States on Thursday sanctioned seven people connected to what officials have told The Record …
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U.S. Department …, GOV.UK, Krebs on Security, CoinDesk, BleepingComputer, Security Affairs, Politico, Wired UK, The Hill, Reuters, Associated Press, SC Media, PCMag, ComputerWeekly.com, Nextgov, TechCrunch, Bloomberg, PaymentSecurity.io, and Infosecurity
Tweets: @jamescleverly, @fcdogovuk, @momofink, @undersectfi, @raj_samani, @jamiemaccoll, @ralakbar, @c_c_krebs, and @statedeptspox
| Bloomberg: |
Brian Armstrong says Coinbase has heard “rumors” the SEC wants to “get rid of” crypto staking for retail investors, which “would be a terrible path for the US” — Coinbase Global Inc.'s head Brian Armstrong escalated his war of words with the Securities …
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Decrypt, Bitcoinist.com, CoinDesk, CNBC, CoinGape, Cointelegraph, Crowdfund Insider, CryptoSlate, Coinpedia Fintech News, ZyCrypto, Cryptopolitan, NewsBTC, Inside Bitcoins, and crypto.news
Tweets: @brian_armstrong, @brian_armstrong, @ap_abacus, @brian_armstrong, @brian_armstrong, @iohk_charles, @brian_armstrong, @brian_armstrong, @adamscochran, @tier10k, @smtuffy, @iohk_charles, @jchervinsky, @iampaulgrewal, @ap_abacus, @coinbase, @delcrxpto, @kamikaz_eth, @edzitron, @tier10k, @du09btc, @tier10k, @coryklippsten, @juanaxyz00, @iamdcinvestor, @imnotthewolf, @iohk_charles, @davidpan_1, @cryptohornhairs, @beijingpalmer, @kamikaz_eth, @jchervinsky, @watcherguru, @jchervinsky, @davidpan_1, @dbc___, @yugacohler, @johnedeaton1, @smdiehl, @frances_coppola, @pt, @nlw, @euler_mab, @garbnzgh, and @whalechart
| Sara Fischer / Axios: |
Yahoo plans to lay off 20%+ of its workforce and restructure its ad tech unit, impacting 50%+ of the unit, or 1,600+ people; CEO says the cuts are “strategic” — Yahoo plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech unit, executives told Axios.
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CNET, SiliconANGLE, Silicon Valley Business …, CNN, Gizmodo, The Information, Bloomberg, TechCrunch, Reuters, Neowin, Deadline, OnMSFT.com, Variety, and CNBC
Tweets: @sarafischer, @jotrader4, @inafried, and @sarafischer
| Maria Deutscher / SiliconANGLE: |
Microsoft's GitHub cuts 10% of its staff, or an estimated 300+; GitLab cuts 7%, or an estimated 114; report: GitHub will close offices and shift to remote work — Microsoft Corp.'s GitHub unit and publicly traded rival GitLab Inc. today both announced layoffs, disclosing plans to let go 10% and 7% of their respective workforces.
Source:
Fortune. More:
GitLab, TechCrunch, CRN, The Information, CIO Dive, Neowin, and WinBuzzer
Tweets: @maryjofoley, @kyliebytes, @kyliebytes, and @kyliebytes
| CNBC: |
PayPal says its CEO and president Dan Schulman will retire and leave the company at the end 2023; he will remain a member of PayPal's board of directors — - Schulman became PayPal CEO after the company's split from eBay in 2015. — PayPal said on Thursday that CEO and president Dan Schulman …
More:
Bloomberg
| Joey Roulette / Reuters: |
SpaceX has limited Ukraine's military from using Starlink to control drones; COO Gwynne Shotwell says the internet service was “never meant to be weaponized” — SpaceX has taken steps to prevent Ukraine's military from using the company's Starlink satellite internet service …
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CNN, Engadget, Associated Press, BBC, Wall Street Journal, New York Times, Washington Post, Insider, Forbes, Digital Trends, CircleID, The Guardian, Appuals.com, and TechSpot
Mastodon: @mostly_harmless@defcon.social and @lauren@mastodon …
Tweets: @adamparkhomenko, @muellershewrote, @christopherjm, @yarotrof, @popovaprof, @shashj, @jimsciutto, @jimsciutto, and @john_a_ridge
| Yogita Khatri / The Block: |
Tether claims $700M in Q4 profit, in addition to its reserves, and $67.04B in total assets and $66.08B in liabilities; Tether reduced its secured loans by $300M — - Tether issued its latest attestation report, saying its assets exceeded its liabilities as of December 2022.
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tether.to, PYMNTS.com, CNBC, CoinGape, Bloomberg, CoinDesk, Ethereum World News, and CryptoPotato
Tweets: @paoloardoino, @tether_to, @wublockchain, @jp_koning, @gaborgurbacs, and @mdudas
| Justinas Baltrusaitis / Finbold: |
Apple's Services revenue hit $78.1B in 2022, more than Intel's $63.1B, double Netflix's $31.6B, and above the $72.3B combined revenues of McDonald's and Nike — Apple Services business has now grown to become one of its most lucrative segments, with revenue surpassing that of major corporations.| Bloomberg: |
Nintendo's upcoming Zelda sequel will cost $70, $10 more than prior new titles, matching Sony and Microsoft and opening the door for more expensive video games — Nintendo Co.'s upcoming Zelda sequel will be pricier than the company's other Switch games, clearing the way for more game makers to also lift their prices.
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Game Informer, Nintendo of America on YouTube, Ars Technica, GameSpot, Game Rant, Destructoid, Polygon, iPhone in Canada Blog, and TechSpot
Tweets: @wario64, @omegaproyt, @nintendoamerica, @jaydubcity16, @aboutnintendo, @wario64, @battlehuntz, @ign, @nickstatt, @discussingfilm, @ultimashadowx, and @thaeox
| New York Times: |
Researchers say ChatGPT can produce clean, convincing text that repeats conspiracy theories and misleading narratives but can sometimes debunk falsehoods too — Researchers used ChatGPT to produce clean, convincing text that repeated conspiracy theories and misleading narratives.
More:
The Verge and VICE
Mastodon: @alexcc@mstdn.science. Tweets: @jjvincent, @caulfieldtim, @rachelcoldicutt, @bigmeaninternet, @ldrogen, @newsguardrating, and @egavactip
| Celso Martinho / The Cloudflare Blog: |
Cloudflare debuts Wildebeest, an open-source ActivityPub server built on its Supercloud service that makes it easier to self-host a Mastodon-compatible instance — Loading... The Fediverse has been a hot topic of discussion lately, with thousands, if not millions, of new users creating accounts …
More:
Android Police and SiliconANGLE
Mastodon: @campuscodi@mastodon.social, @jonah@mastodon.neat.computer, @paul@tapbots.social, and @ukuku@mstdn.social
Tweets: @cloudflare, @jgrahamc, and @cloudflare
| Jason Schreier / Bloomberg: |
After over a decade of waiting for a quality Harry Potter video game, some fans battle to reconcile enjoying WBD's Hogwarts Legacy with JK Rowling's transphobia — Harry Potter fans have been waiting more than a decade for a video game worthy of the blockbuster entertainment franchise's dedicated following.
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IGN, Game Developer, Forbes, The Guardian, Kotaku, IGN, Engadget, CNN, Game Rant, GameSpot, Bloomberg, Twinfinite, Laurie Charles, and The Wrap
| Kathryn Hardison / Wall Street Journal: |
Lyft reports Q4 revenue up 21% YoY to $1.2B, a net loss of $588.1M vs. $283.2M YoY, and active riders up 8.7% YoY to 20.4M; stock is down 20%+ on weak guidance — Ride-hailing company reports highest number of users in nearly three years — Lyft Inc. LYFT -3.16%decrease …
More:
The Information, TechCrunch, Bloomberg, Lyft, Inc., Reuters, CNBC, and Fast Company. Tweets: @edludlow
| Bloomberg: |
Meta submits data to the EU showing that pop up content warnings stopped Facebook users sharing 25% of flagged posts and 38% on Instagram; TikTok reports 29% — The warnings that pop up when someone tries to share potentially false or misleading posts on TikTok Inc., Instagram and Facebook are ignored most of the time.| Jillian Deutsch / Bloomberg: |
The EU says Twitter's first voluntary report on how the company was tackling disinformation lacked data and didn't include commitments to empower fact-checkers — Twitter Inc. was the only tech platform that didn't send a complete report to the European Union detailing how it was tackling disinformation …
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Politico, Bloomberg, Reuters, TikTok, Fortune, Ars Technica, Silicon Republic, Associated Press, Reclaim The Net, TechCrunch, Wall Street Journal, and Gizmodo
Tweets: @deutschjill, @clothildegouj, and @business
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