Sam Bankman-Fried admits involvement in two of Alameda's largest uses of funds: spending $3B to buy out Binance's FTX stake and pouring $4B into venture capital
Exchange's former CEO says he was close to key decisions at nominally separate trading firm — Speaking from his bed in Nassau …
Stack Overflow temporarily bans users from sharing responses generated by ChatGPT, pending a final ruling; the site's mods say most ChatGPT answers are wrong
Stack Overflow, the go-to question-and-answer site for coders and programmers, has temporarily banned users from sharing responses generated by AI chatbot ChatGPT.
SBF claims FTX CEO John Ray is not working with him, not replying to messages, and made false statements, while dodging questions on Alameda and loaning funds
- Sam Bankman-Fried is taking aim at John Ray, the new CEO of FTX, claiming he's been iced out after the firm filed for bankruptcy protection.
Source: Foxconn plans to resume full production in its Zhengzhou plant in late December or early January, after worker unrest; November revenue fell 11.4% YoY
Apple supplier Foxconn (2317.TW) expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January …
Rackspace takes down its hosted Microsoft Exchange services and confirms a “security incident”, causing an “extended outage”; customers complain of poor support
Warns recovery could take several days and pledges better support after customer complaints
A look at the effects of ChatGPT, which has caused an explosion of interest in OpenAI's capabilities and led to questions about AI's impending impact on society
It happened to be Wednesday night when my daughter, in the midst of preparing for “The Trial of Napoleon” for her European history class …
Unlike Bernie Madoff, SBF has not confessed to criminal conduct, arguing sloppiness and missteps caused FTX's collapse, meaning a US prosecution could take time
On December 11, 2008, Bernie Madoff was arrested and criminally charged with one of the biggest financial frauds in history …
USDC stablecoin developer Circle terminates its plan to go public via a SPAC merger with Concord Acquisition Corp., announced in July 2021, by mutual agreement
The firm had announced plans to go public in July of 2021. — Circle, the company behind stablecoin USDC …
Orthogonal Trading defaults on eight loans to lending protocol Maple Finance, totaling $36M, or ~30% of active loans on the protocol, likely due to FTX exposure
- Orthogonal Trading has defaulted on eight loans totalling $36 million on lending protocol Maple Finance.
Kuo: mass shipments of Apple's AR/VR headset may be delayed until H2 2023, from the previously estimated Q2 2023, due to “software-related issues”
Joe Rossignol / MacRumors :
Secret Service report: China-linked APT41 hackers stole $20M+ in US COVID-19 relief benefits, the first known pandemic fraud tied to state-affiliated hackers
Hackers linked to the Chinese government stole at least $20 million in U.S. Covid relief benefits, including Small Business Administration loans …
Following tests on Instagram, Meta begins testing age verification tools on Facebook Dating, letting users upload IDs or video selfies screened by partner Yoti
Meta is testing age verification tools on Facebook Dating, a move the company says will make the product safer, per an announcement shared exclusively with Axios.
Elon Musk says Apple has “fully resumed” advertising on Twitter, after claiming on November 28 that Apple had “mostly stopped” ads on the social network
A look at Adobe's PostScript, a desktop publishing programming language launched in 1984, as The Computer History Museum releases its source code
David C. Brock / CHM :
Twitter reinstated the account of Andrew Anglin, the neo-Nazi who founded the white supremacist website The Daily Stormer, after originally banning him in 2013
Unlike Getty Images, Adobe plans to sell stock images made by artists using generative AI tools like DALL-E, but requires that the images be labeled as such
Adobe is opening its stock images service to creations made with the help of generative AI programs like Dall-E and Stable Diffusion, the company tells Axios.
A survey of 8,000 young people in nine European countries finds 34% say they have pirated content, 27% have trolled someone, 22% have incited violence, and more
Dan Milmo / The Guardian : Tweets: @dannyjpalmer , @rmcunliffe , @uel_news , @sarahchampionmp , @mattnavarra , @katebevan , and @_markmccormack Tweets: Danny Palmer / @dannyjpalmer : Seems weird for ...
A look at FORM software, released in the 1980s for particle physics calculation, which is maintained almost entirely by a retiree and is at risk of obsolescence
Boston- and London-based health and nutrition app Zoe raised a £25M Series B extension led by Accomplice at a £209M valuation, after a £48M Series B in May 2021
Riyadh-based food delivery service Jahez plans to acquire local rival The Chefz for ~$173M in cash and stock after Saudi Arabia blocked Delivery Hero's takeover
Internal memo: Slack CEO and co-founder Stewart Butterfield plans to leave Salesforce in January, says the move has “nothing to do” with Bret Taylor's departure
Ellen Thomas / Insider :
Autonomous trucking software company Embark has lost ~98% of its market cap, or ~$5B, since going public via a SPAC merger in November 2021
An interview with Cory Doctorow on lessons from science fiction, Big Tech's comeuppance, AI dangers, surveillance capitalism, smart contracts, dApps, and more
From cyberpunk to interoperability and monopolies to how to be productive. Highly recommended. https://www.newyorker.com/... Liam Proven / @lproven : “There is, among blockchain enthusiasts, a kind of...
A look at Roblox's Robux, which some kids prefer to get for chores or as an allowance since they can control purchasing decisions, and other virtual currencies
An interview with Affirm co-founder Max Levchin on the US CFPB's probe into BNPL services, issues with credit cards, the current economic environment, and more
Lauren Goode / Wired : Tweets: @laurengoode , @laurengoode , @laurengoode , @laurengoode , @laurengoode , @laurengoode , @wired , @usmanbk77 , @tsimonite , @waltmossberg , and @mlevchin Tweets: Laure...
An interview with the co-founder of Vietnamese unicorn VNG, which offers games and services like Zalo, a messaging app that had 74M+ MAUs in Vietnam in February
Tim Cook was able to placate Elon Musk within two days, but the chaos at Foxconn's “iPhone City” could be the greatest test of Cook's diplomatic skills yet
Seeking to emulate BlackRock's Aladdin portfolio management system, State Street, Pimco, Amundi, and others are creating their own digital investment platforms
Financial Times :
A look at how FTX cultivated ties with wealthy Hong Kong families, many of whom invested, and Alameda-owned Genesis Block helped FTX access cash and clients
Financial Times : Tweets: @kadhim , @nikasgari , and @airevthingtrnsp Tweets: @kadhim : Incredible photo of Sam Bankman-Fried, Caroline Ellison and Gary Wang at Bankman-Fried's 29th birthday last yea...
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.