The SDNY says ex-Alameda CEO Caroline Ellison and FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on a $250K bond
Caroline Ellison and Gary Wang helped disgraced crypto mogul divert funds and are now aiding prosecutors
The SEC charges ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang for their role in defrauding FTX's investors at SBF's direction between 2019 and 2022
The Securities and Exchange Commission today charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) …
Sam Bankman-Fried lands in the US to face criminal charges after being taken into custody on December 21, following extradition approval by a Bahamas judge
Sam Bankman-Fried is on his way to an airport to be flown to the US to face a litany of criminal charges after a Bahamas judge approved his extradition.
YouTube acquires NFL Sunday Ticket residential rights for seven years, starting in 2023, sources say for ~$2B per year; DirecTV reportedly currently pays $1.5B
Video streamer to pay annual fee of roughly $2 billion under seven-year deal — Created with sketchtool.
Sources: OpenAI releasing ChatGPT led Google to declare a “code red”, including reassigning teams to respond to the threat ChatGPT poses to its search business
A new wave of chat bots like ChatGPT use artificial intelligence that could reinvent or even replace the traditional internet search engine.
Mastodon, nostr, and other decentralized social networks are having a moment, despite some complexity, propelled by the apparent decline of Twitter and Meta
So, it's been quite a year for legacy, centralized social media — and all without any really big change to the laws that govern it … Mastodon: @kkomaitis@techpolicy.social . Tweets: @brosandprose , @k...
Twitter rolls out $Cashtags, offering stock, ETF, and crypto prices within search results using data from TradingView, along with a View on Robinhood link
Twitter searches for “$Bitcoin,” “Bitcoin price” and “BTC price” pulls up a price chart, with equivalent searches working for Ethereum too.
Reports: an Android malware called Godfather is using overlaid login screens to get users' credentials on 400+ banking apps and crypto exchanges in 16 countries
An Android banking malware named ‘Godfather’ has been targeting users in 16 countries, attempting to steal account credentials … Source: Cyble .
How ByteDance and TikTok, which owe their existence to intermingled Western and Chinese ideas, capital, and people, became entangled in the US-China rift
A Chinese app conquered the planet — and now the U.S. is threatening to shut it down. Can the world's biggest virality machine survive?
Sources: aiming to appease the US government, TikTok offers to operate more of its business at arm's length and allow more outside scrutiny by Oracle and others
Google's Display Network, which places ads on 2M+ websites, lets site owners stay anonymous while putting ads beside pirated content, porn, and disinformation
In late 2021, the right-wing site Conservative Beaver published a story falsely claiming the FBI had arrested Pfizer's CEO for fraud. Tweets: @craigsilverman , @craigsilverman , @thezedwards , @schwan...
Analysis of 1,000 reinstated Twitter accounts: most are deeply partisan, support Donald Trump, and spread misinformation on COVID-19, election fraud, and QAnon
Many reinstated users are tweeting about topics that got them barred in the first place: Covid-19 skepticism, election denialism and QAnon.
Sources: at a town hall, Tencent CEO Pony Ma ranted for 10 minutes about staff laziness, graft, “superficial” reforms, Tencent's aging social network, and more
Many multinational CEOs like to close out the year with a message of congratulations.
Twitter begins rolling out public view counts for tweets, expanding on video view counts and analytics; Elon Musk says they will show how “alive Twitter is”
Twitter is rolling out a feature that shows how many people view your tweets, similar to features on platforms like YouTube …
How Twitter played a major role in research and science communication, especially during the pandemic, as researchers and scientists leave the service
In November, Vince Knight decided he'd had enough of Twitter. After more than a decade on the social-media platform, Knight … Tweets: @erictopol , @marionkoopmans , @ibjiyongi , @evornithology , @kas...
Kuo: Apple plans to postpone mass production or cancel the iPhone SE 4, set to launch in 2024, due to lower-than-expected middle- and lower-end iPhone shipments
Juli Clover / MacRumors :
A profile of stablecoin developer Tether, which has withstood huge redemption runs during the current brutal crypto winter, competition, and regulatory pressure
Amid crypto's existential crisis, its largest liquidity provider, Tether, has withstood multiple multibillion-dollar redemption runs. Tweets: @mdudas , @silvermanjacob , and @sarahnemerson Tweets: Mik...
Netflix plans to add Nike Training Club workouts to its offerings starting on December 30, eventually reaching over 90 Training Club workouts in total
courtesy of Nike Justin Luna / Neowin : Netflix to start streaming Nike Fitness Club classes next week Firstpost Tech : Netflix will start producing and streaming fitness content, gets into a collab w...
European Court of Justice says Amazon could be held responsible for breaching Louboutin's trademark rights by selling counterfeit third-party red-soled shoes
Associated Press :
The US Copyright Office rules that a comic book made using AI art is ineligible for copyright protection, reversing a September 2022 decision
Reversing an earlier decision, the United States Copyright Office rules that a comic book made using A.I. art is ineligible for copyright protection Tweets: @dezziearts , @rstephens , @trumwill , and ...
Micron reports Q1 revenue down ~47% YoY to $4.09B and plans to reduce its workforce by ~10% over the next year; Micron had 48,000 employees in September 2022
Ian King / Bloomberg :
The SEC's Paul Munter says the regulator is increasing scrutiny of audit firms working with crypto companies, warning investors to be “very wary” of some claims
Jean Eaglesham / Wall Street Journal :
Okta tells customers that hackers breached its GitHub repositories in December and stole its source code but that they did not access service or customer data
Ax Sharma / BleepingComputer :
The FCC proposes a record-breaking ~$300M fine against an auto warranty scam robocall campaign that made 5.1B+ calls to 550M+ US phone numbers in Q1 2021
probably you too. That's because they made 6 billion spam phone calls in just 90 days. https://www.cyberscoop.com/... Thanks: @tonyajoriley
Sources: after serving in the White House since July 2021, National Cyber Director Chris Inglis is expected to step down and retire in the next two months
Sean Lyngaas / CNN :
Elon Musk says he now thinks Twitter will “be okay next year” and would have faced a “negative cash flow situation of $3B a year” without his cost cutting
Hannah Murphy / Financial Times :
Google open sources two of its latest privacy-enhancing technologies, including one that blurs objects in a video, as part of its Protected Computing initiative
Google has announced that two of its latest privacy-enhancing technologies (PETs), including one that blurs objects in a video …
Sources detail steps Netflix may take to reduce US password sharing, like charging account owners an extra sharing fee at just below the $6.99 ad-supported tier
New Crackdown Starts In 2023 Juli Clover / MacRumors : Netflix to Begin Cracking Down on Password Sharing in Early 2023 Alex Gatewood / KnowTechie : Netflix to put an end to password sharing in early ...
Pathmatics: about 70% of Twitter's top 100 ad spenders before Elon Musk's takeover were not spending on the service as of the week ending December 18
Executives are promising big incentives and new technology while also trying to explain the actions of their new owner Tweets: @tomfitton , @jtoonkel , @djrothkopf , and @jyarow Tweets: Tom Fitton / @...
TuSimple confirms plans to lay off 25% of its workforce, or an estimated 350 workers, following a rough year for the self-driving trucking company
Rebecca Bellan / TechCrunch :
Customs data: Chinese companies imported $2.3B worth of semiconductor manufacturing machines in November, down 40% YoY and the lowest level since May 2020
Bloomberg : Tweets: @martijnrasser Tweets: Martijn Rasser / @martijnrasser : China's purchases of machines to make computer chips contracted in November to their lowest in more than two years, hammer...
Sources: Alphabet, Meta, and Salesforce are seeking to abandon leased office space in London and Dublin; Amazon and Microsoft put London expansion plans on hold
Financial Times :
A look at the intelligence and battle management system, built around software developed by Palantir, that has given Ukraine a high-tech edge in Russia's war
David Ignatius / Washington Post :
Q&A with LinkedIn's Chief Product Officer Tomer Cohen on the number of people hired via LinkedIn being a core metric, generative AI, regulation, and more
Nilay Patel / The Verge : Tweets: @cohentomer and @dbn_28 Tweets: Tomer Cohen / @cohentomer : I had fun chatting with @reckless, Editor-in-chief at The Verge on the Decoder podcast. We covered a lot ...
Deep Voodoo, founded by South Park creators Trey Parker and Matt Stone to develop deepfake technology and cost-effective visual effects, raised $20M
The US government's entity list also targets newer Chinese chip companies, including PXW, which are more vulnerable than established players like Huawei
Financial Times : Tweets: @noahpinion , @adam_tooze , @pstasiatech , and @dnystedt Tweets: Noah Smith / @noahpinion : The economic war intensifies https://twitter.com/... Adam Tooze / @adam_tooze : “...
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