Sources: Sam Bankman-Fried will likely plead not guilty to fraud and other charges at a January 3 hearing; SBF returns to Twitter to deny he moved Alameda funds
Sam Bankman-Fried is likely to enter a plea of not guilty Sam Bankman-Fried is likely to enter a plea of not guilty https://www.wsj.com/... Mike Elgan / @mikeelgan : WSJ says Sam Bankman-Fried likely ...
A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty
Trading firm took big gambles, winning some and losing plenty; ‘complete lack of a risk-management framework’
A look at 2022's worst breaches, leaks, ransomware attacks, state-sponsored hacking campaigns, and digital takeovers, including at least two Twilio breaches
The year was marked by sinister new twists on cybersecurity classics, including phishing, breaches, and ransomware attacks.
Google has agreed to pay $29.5M to settle lawsuits with Washington DC and Indiana over location tracking practices, after agreeing to pay ~$392M to 40 US states
Google has agreed to pay a total of $29.5 million to settle separate lawsuits with Washington, D.C., and Indiana over its location tracking practices.
Verizon decommissioned its 3G network on December 31, the last major US carrier to do so after AT&T and T-Mobile turned off services earlier in 2022
It's well and truly curtains for 3G, one of the key technologies that helped usher in the age of the smartphone.
Report: AMD, Intel, Nvidia, and others are slashing their TSMC orders, which could reduce the contract manufacturer's Q1 2023 sales by an estimated 15% QoQ
Large customers revise orders to TSMC due to the economy slowdown. — Being the world's No. 1 foundry, TSMC was almost immune …
Grubhub was ordered to pay $3.5M to settle a lawsuit filed by the Washington DC AG's office for charging hidden fees and using deceptive marketing techniques
Mariella Moon / Engadget :
Leaked screener copies of big movies tend to surface at year's end, but didn't in 2022, probably due to more security, streaming, and shorter release windows
Screeners are advance copies of recent movies that are generally sent out to critics and awards voters for review.
Meta's dramatic implosion, Elon Musk's Twitter train wreck, and Amazon's labor uprising show that 2022 was not just a disastrous year, but a reckoning for tech
The companies that define our digital lives have hit a wall. — The dramatic, multidimensional implosion of Meta …
Employment in tech occupations grew 12% YoY to a record 6.39M in November 2022, as workers eye banking, retail, health care, and manufacturing amid tech layoffs
Most tech jobs are now in mainstream industries like health care, banking and retail, which are increasingly in need of workers with digital skills. Tweets: @dealbook , @stevelohr , @scottlincicome , ...
Meta acquires Netherlands-based Luxexcel, which 3D prints prescription lenses for smart glasses; Meta and Luxexcel reportedly worked together on Project Aria
As Meta faces antitrust scrutiny over its acquisition of VR fitness developers Within, the tech giant is making another acquisition.
First pretrial hearing in the FTC's case against Microsoft's $69B bid to take over Activision Blizzard set for January 3, 2023
A judge has set Jan. 3 for the first pre-trial hearing in the Biden administration's case against Microsoft (MSFT.O) over its $69 billion bid to take over “Call of Duty” maker Activision Blizzard (ATV...
A look at the impact of the funding crunch on India's tech startups, which raised $24.7B from January to November 2022, down 35% YoY, per data provider Tracxn
Funding crunch has triggered mass job cuts of up to 25,000 at country's once-thriving tech companies Tweets: @sushantsin , @financialtimes , @financialtimes , and @johnreedwrites Tweets: Sushant Singh...
Sources: Meta is struggling to move hardware manufacturing out of China; after abandoning its smartwatch plans, the company is still working on a wrist wearable
The company needs China's factories as it pushes to become a hardware producer — SAN FRANCISCO — For more than a year … Tweets: @lizzadwoskin , @geoffreyfowler , @pstasiatech , and @rnaudbertrand Tw...
Italy's parliament approves a 26% tax on gains of €2,000+ from crypto trading per tax period and offers incentives for declaring crypto profits for tax purposes
Sandali Handagama / CoinDesk :
Experts weigh in on Meta's impending decision to lift Donald Trump's Facebook and Instagram ban; source: the announcement will be made later than January 7
Tech giant's policy chief Nick Clegg due to rule this month whether to revoke ban on former US president
Ernst & Young: US tech IPO deal proceeds plummeted 94%, from $155.8B in 2021 to $8.6B in 2022; FactSet: no tech IPO raised $1B in 2022, compared to 15 in 2021
Ari Levy / CNBC :
Sources: founder Richard Liu Qiangdong berated JD.com executives for poor performance and remains the undisputed decision maker despite quitting frontline roles
Ben Jiang / South China Morning Post :
A look at ABBA Voyage, the hit London concert performed by 3D digital avatars of the band created from motion capture, as its producers plan a global expansion
Jenni Reid / CNBC :
Predictions for 2023: Apple's AR/VR headset debut, Big Tech belt tightening, Netflix password crackdown, AI in more tech tools, less talk of crypto, and more
with an Apple headset debut 🔮AI goes from toy to tool with it coming to more software 🔮 iPhone RE (Regulators' Edition) https://www.wsj.com/... Christopher Mims / @mims : Tech That Will Change Your Li...
Crypto created a toy financial system and had a toy financial crisis; in order to work in the long run, crypto must prove its real usefulness outside of finance
as Matt concludes— they need to have both: 1) Ties to the real-world economy 2) Subordination to the rule of law https://www.bloomberg.com/... @carnage4life : Crypto solves the problem of allowing any...
A look at the disastrous 2022 for NFT-based games, after interest from EA, Ubisoft, Zynga, Niantic, and others, as the community grew more niche and scam-filled
Ryan Broderick / Polygon : Tweets: @markpeak Tweets: @markpeak : The idea being that non-fungible tokens would replace everything from loot boxes to character skins to even characters themselves. But...
Google changes its appeals process for CSAM-flagged accounts; content deemed exploitative will still be removed and reported but users can plead their innocence
Kashmir Hill / New York Times : Mastodon: @ben@adida.net . Tweets: @meekgeek , @kashhill , and @kashhill Mastodon: Ben Adida / @ben@adida.net : Kudos to Google for updating their process, and to all ...
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Protecting your Cloud Applications Data
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