The SEC charges Genesis and Gemini with offering and selling unregistered securities to retail investors via a crypto lending program promising to pay interest
- The SEC charged both Gemini and Genesis with unregistered offering and sale of securities to retail investors, some of who were in the U.S.
Sources: a Russia-linked LockBit ransomware gang infected the UK's Royal Mail customs label printers, forcing the postal service to stop overseas deliveries
Lockbit's ransomware scrambled software on machines used to send international post — A Russia-linked ransomware gang was behind …
SEC proxy filing: Apple cuts Tim Cook's 2023 target compensation by 40%+ to $49M, citing investor guidance and a request from Cook, who was paid $99.4M in 2022
Apple Inc. is cutting Chief Executive Officer Tim Cook's compensation by more than 40% to $49 million in 2023 …
Tweetbot, Twitterrific, Fenix, Talon, and other third-party Twitter apps are broken; Twitter has given no explanation and developers say they haven't heard back
The past several weeks since Elon Musk's takeover have seen Twitter in turmoil as rapid changes hit the platform …
Crypto.com lays off ~20% of its global workforce, citing the macro-economic downturn and FTX's implosion, after cutting 260 employees, or ~5%, in June 2022
Crypto exchange Crypto.com is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and “unforeseeable” industry events.
Sources: Google and Nvidia told the FTC that the Activision Blizzard deal could give Microsoft an unfair advantage in cloud, subscription, and mobile gaming
Alphabet Inc.'s Google and Nvidia Corp. have expressed concerns to the Federal Trade Commission about Microsoft Corp.'s acquisition …
The House GOP plans a crypto oversight subcommittee, to be chaired by Representative French Hill, who led the GOP's study of a central bank digital currency
House Republicans will establish a new subcommittee dedicated to cryptocurrency this Congress, a move that puts oversight …
Google tells SCOTUS in a brief in Gonzalez v. Google that gutting Section 230 “would upend the internet”, leading to widespread censorship by internet companies
Tech giant files brief in YouTube case brought by family of woman killed in Paris terrorist attacks
Some users of AI companion chatbot Replika, which offers a $70 romantic Pro version, say the free “friend” version is getting more sexually aggressive
For some longtime users of the chatbot, the app has gone from helpful companion to unbearably sexually aggressive. — Samantha Cole
Banning ChatGPT in schools will be hard, so teachers should treat ChatGPT like a calculator: assume students are using it unless they are physically supervised
OpenAI's new chat bot is raising fears of cheating on homework, but its potential as an educational tool outweighs its risks.
A US district court orders the distribution of $17M+ in restitution to ~800 victims of the BitConnect Ponzi scheme from 40+ countries; BitConnect folded in 2018
The millions will be distributed among the select number of victims, but thousands more were impacted by the $2.4 billion fraudulent scheme.
Sources: the Cyberspace Administration of China acquired a 1% stake, or “golden shares”, in an Alibaba subsidiary, and plans to do the same for a Tencent unit
Beijing changes tack in its efforts to secure a firmer grip on the country's tech giants
Meta sues to ban Voyager Labs from using Facebook and Instagram, alleging the investigative software startup created 38K+ accounts to scrape 600K+ users' data
The social media giant launched an investigation into Voyager's use of fake accounts after a Guardian investigation
After a report that it is using AI for writing articles, CNET explains its test, changes the byline on AI-written posts, and makes disclosures more prominent
For over two decades, CNET has built our reputation testing new technologies and separating the hype from reality.
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty
think there shouldn't be a paying option anymore... Dave Weisberger / @daveweisberger1 : https://www.wsj.com/... It is tiresome to read SBF's half truths. 1/ His claims about Binance are ludicrous. Th...
Bulgarian police raided London-based crypto lender Nexo's office in Sofia on January 12, seeking information on suspected money laundering and tax crimes
Bloomberg :
Medium launches a Mastodon instance on me.dm, promising members a solid infrastructure, reliable moderation, smoother onboarding, and an interesting local feed
Tony Stubblebine / The Official Medium Blog :
Sources: Chinese authorities plan to let Didi's ride-hailing and other apps back into app stores as soon as next week, another sign of loosening their crackdown
Chinese authorities are set to allow Didi Global's ride-hailing and other apps back on domestic app stores as soon as next week …
Analysis: in 2022, illicit crypto transaction volume rose to an all-time high of $20.1B, of which 44% came from activity associated with sanctioned entities
🧵https://blog.chainalysis.com/ ... Eric Geller / @ericgeller : Notable stat from Chainalysis' new report showing a record level of cryptocurrency crime in 2022: “44% of 2022's illicit transaction volu...
Allegedly official Samsung Galaxy S23 marketing images leak, showing four colors, no vertical camera bar, and more; S23 Ultra is rumored to have a 200MP camera
Andrew Romero / 9to5Google :
TikTok is testing a Talent Manager Portal with a few agencies, letting creators' talent managers oversee, execute, and analyze brand opportunities and campaigns
Sarah Perez / TechCrunch :
A look at Tencent's short video service WeChat Channels, which founder Pony Ma calls “the hope of the company”, as the tech giant tries to build its own TikTok
On a hot summer's day last year, the 90's boy band Backstreet Boys clambered on to a stage in Pennsylvania and belted …
NSA Director Paul Nakasone urges Congress to renew the FISA's Section 702, set to expire in 2023, saying the surveillance law protects the US from cyberattacks
Tonya Riley / CyberScoop :
Intel unveils its Core i9-13900KS CPU, clocked at 6GHz out of the box, with eight performance cores, 16 efficiency cores, and a 150W TDP, available now for $699
A US bankruptcy judge lets FTX sell its derivatives exchange LedgerX, clearing platform Embed, and European and Japanese divisions to raise money for creditors
Benjamin Robertson / The Block :
Congress rejects the US Army's request for $400M to buy as many as 6,900 Microsoft HoloLens goggles this fiscal year but approves $40M to develop a new model
Kuo: mass shipments of second-generation AirPods Max and AirPods with a $99 price target will likely begin in the second half of 2024 or the first half of 2025
Joe Rossignol / MacRumors :
Butter Payments, which uses AI to help companies catch accidental subscription churn, raised a $21.5M Series A led by Norwest, sources say at a ~$100M valuation
and we agree! Joining our portfolio today, @butterpayments prevents accidental customer churn by automating recovery of failed payments. Butter is where churn ends 🧈 https://www.forbes.com/... @butter...
Sources: Twitter is leaving 12+ offices due to closures or not paying rent, including in Hong Kong, the Philippines, Mexico, Australia, South Korea, and India
its Asia-Pacific headquarters — over nonpayment of rent. Landlords walked employees out of the building Alex Kantrowitz / @kantrowitz : You must work in the office but there is no office. Figure it ou...
Sources: Tokyo-based aggregator website and app SmartNews, valued at $2B in 2021, laid off ~120 people, or 40% of US and China staff, with more coming in Japan
TechCrunch : Tweets: @seovillas and @michellemanafy Tweets: @seovillas : @TechCrunch ... It's unfortunate to hear that SmartNews has had to lay off a significant portion of their staff in the US and ...
Singapore- and NYC-based Holmusk, which offers real-world clinical data and analytics for the behavioral health industry, raised a $45M Series B led by Veradigm
Rachel Chitra / DealStreetAsia :
Sources: Tiger Global struggles to raise its latest fund after investors learned it secretly paid a senior female employee $10M to settle bullying allegations
Paris-based Ubisoft's stock drops ~14% after the company slashes its forecasts, reports “markedly and surprisingly slower” holiday sales, and delays a game
Tim Bradshaw / Financial Times :
Rent the Runway partners with Amazon to launch an Amazon Fashion online storefront featuring new and second-hand items, expecting ~$4.6M in revenue in Q3 2023
Letter: Social Capital shrinks its Fund V to ~$1B with a focus on early-stage deals, vs. its prior plans to raise much more and back growth-stage startups
Sources: low-code app development tool startup OutSystems raised $228.4M in October 2022 at a $4.3B valuation, 55% lower than February 2021's $9.5B valuation
Kenrick Cai / Forbes :
Shopify: Revolutionizing Commerce with Winter Edition '26
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Email fatigue is real: Here's how smart email tools help you regain control
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Protecting your Cloud Applications Data
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