Caroline Ellison testifies that SBF “directed” her to commit crimes, like using FTX client funds for Alameda Research's venture investments and loan repayments
Ms. Ellison, who also dated Mr. Bankman-Fried, is the government's star witness in the criminal fraud trial of the founder of the FTX crypto exchange.
Letter: Thierry Breton warns Elon Musk that X could face penalties under the DSA for hosting “illegal content and disinformation” about the Israel-Hamas war
European officials warned X on Tuesday that the company formerly known as Twitter appears to have been hosting misinformation …
Research: Palestinian Islamic Jihad-linked crypto wallets received ~$93M from August 2021 to June 2023; Hamas-linked ones received ~$41M over a similar period
whether those funds are in the form of fiat currency, gold, crypto or whatever. 1/3 @billhughesdc : “Hamas stopped publishing its donation addresses to protect donors' anonymity after Israeli and U.S....
California Governor Newsom signs the Right to Repair Act into law, effective for devices made and sold after July 1, 2021, minus game consoles and alarm systems
California Governor Gavin Newsom has signed SB 244, or the Right to Repair Act, into law, making it easier for owners …
Sony announces a new $500 PS5 model with a detachable disc drive, 1TB of internal storage, and a slightly slimmer and shorter design, shipping in November
Sony officially announced a new PS5 model with a detachable disc drive and 1TB of internal storage.
Investors and analysts expect the Israel-Hamas war to derail the fragile recovery of Israel's tech sector, which accounts for 14% of the country's workforce
Steven Scheer / Reuters :
Day two of Caroline Ellison's testimony: “stressed out” by Alameda losses, Alameda borrowed $13B from FTX users by June 2022, and $5B loaned to FTX executives
- Ellison takes witness stand for second day at SBF trial — Prosecutors look at events from 2022 when crypto prices fell
Sources: at an Activision townhall hosted by James Corden, Bobby Kotick discussed Microsoft, Elon Musk's Neuralink, hinted at a Guitar Hero revival, and more
Kotick and Corden (not me) discuss the future of Activision. — What you need to know — Sources familiar …
Google announces enhanced search results for EVs, home heating, and cooling systems, and expands AI tools to better predict floods, wildfires, and extreme heat
People shopping for electric vehicles, heat pumps, or air conditioning units will see enhanced search results on Google in a series …
Sam Bankman-Fried wrote a series of unpublished posts in 2022 announcing Alameda's closure due to the “burden” of “FUD around Alameda's relationship with FTX”
Shaurya Malwa / CoinDesk :
US v. Google: in 2007, Sundar Pichai raised concerns over the bad “optics” of Google's deal to pay Apple to make Google the pre-selected search option in Safari
“I don't think it is a good user experience nor the optics is great.” You either die a hero or live long enough to become the villain. X: Lee Hepner / @leehepner : Pichai, 2007: “I know we are insist...
Bernstein estimates Google pays Apple $18B to $20B per year, or 14% to 16% of Apple's operating profits, for default search; the DOJ values the deal at ~$10B
Bernstein estimates value of agreement, warns it and similar deals may end if DoJ wins antitrust case
After a US judge invalidates Sonos' patents, Google brings back support for multiple Speaker Groups across Nest speakers, Nest displays, and Chromecast devices
Just last month, Google was forced to limit Nest and Home devices to one Speaker Group in response to the Sonos lawsuit.
Study: if AI growth continues at its current rate, by 2027 the industry could consume as much energy as a small country like the Netherlands, or 85-134 TWh/year
The artificial intelligence (AI) industry could consume as much energy as a country the size of the Netherlands by 2027, a new study warns.
An investigation details the Intellexa Alliance, a shady group of European companies that marketed and sold spyware like Predator to authoritarian regimes
The Intellexa Alliance is the name of the shady group of European companies that supplies dictators and despots with cyberweapons.
California Governor Gavin Newsom signs into law the Delete Act, which requires data brokers to delete a state resident's personal info after a single request
Californians will be able to make a single request asking that data brokers delete their personal information, under a bill Gov. Gavin Newsom signed into law on Tuesday.
Utah sues TikTok, accusing the company of getting kids hooked via “algorithms and manipulative design features”, after similar lawsuits by Indiana and Arkansas
Utah sued Chinese-owned app TikTok on Tuesday, accusing it of harming children by intentionally keeping young users …
How Google's Project Green Light is using AI to analyze Maps data to suggest how cities can adjust traffic light timing to cut wait times and vehicle emissions
Interesting question, but it's the wrong one. … Mahesh Narayan : Google is leveraging its vast Maps data to make traffic lights smarter. By analyzing driving patterns, a new AI tool suggests timing a...
Adobe developed a new symbol, called “an icon of transparency”, as part of the C2PA, hoping to encourage the tagging of AI-generated data in media content
Adobe and other companies have established a symbol that can be attached to content alongside metadata, establishing its provenance …
JPMorgan says BlackRock used its TCN blockchain to move collateral almost instantaneously, compared with over the course of a day, and plans to add other users
- Tech could speed transactions, see more efficient capital use — JPMorgan had tested its Tokenized Collateral Network in May
As social networks become cluttered with ads, misinformation, and irrelevant posts, the web just feels less fun, suggesting the old era of social media is over
The social-media Web as we knew it, a place where we consumed the posts of our fellow-humans and posted in return, appears to be over.
Samsung reports Q3 operating income fell 78% QoQ to ~$1.8B and revenue fell 13% QoQ to ~$49.6B, suggesting the global chip market may have started to recover
- Profit fall of 78% smaller than prior quarter's record plunge — AI-related demand seen key to memory chip price recovery
Adobe details Project Res-Up, an experimental AI upscaling tool to improve the quality of low-res GIFs and video; a 1947 movie went from 480x360 to 1280x960
Jess Weatherbed / The Verge :
California Governor Newsom signs a bill forcing VC firms to share the diversity of founders they back; some worry about liability from releasing sensitive info
The FTC proposes a new rule to require ticket sellers and others to show the total price to users upfront; Ticketmaster and SeatGeek have pledged all-in pricing
Ticketmaster and SeatGeek have already pledged to offer all-in pricing, but the rule would broaden it to other companies and industries.
Amazon, Google, and Cloudflare say a DDoS attack hit 398M RPS in August 2023, ~8x larger than the prior record, due to a new flaw; Google mitigated the attack
Assigner: Mitre Published: 2023-10-10Updated: 2023-10-11 The HTTP/2 protocol allows … Bill Toulas / BleepingComputer : New ‘HTTP/2 Rapid Reset’ zero-day attack breaks DDoS records Lucas Pardue / The C...
A look at EA's FC 24, the first soccer video game after EA and FIFA ended their licensing deal, estimated to be worth $160M/year, when FIFA demanded much more
Sitting in a mock living room at his office in Vancouver, John Shepherd gestures to a video game avatar of soccer star Erling Haaland on a screen beside him.
Adobe debuts Firefly Image 2 Model in Firefly for the web; the model is larger than its predecessor, better at rendering humans, and coming to Creative Cloud
The UK CMA invites comments on Vodafone's $19B Three UK merger, which would reduce major networks from four to three; the EU blocked a similar deal in 2016
A look at Ring's Neighbors, which lets owners report local activity; over 13K posts were forwarded to the LAPD in two years, some about non-criminal behavior
Lam Thuy Vo / The Markup :
Amazon hired warehouse workers in Saudi Arabia who were trafficked from Nepal; Amazon admits that some were mistreated and is “implementing stronger controls”
Apple spent $200M to $250M on Killers of the Flower Moon, debuting October 20, the first test of Apple's plans to spend $1B per year on movies for theaters
Bloomberg :
Dropbox announces an open beta for its AI-powered Dash universal search tool, a new web UI, collaboration tool Dropbox Studio for video creators, and more
Jon Porter / The Verge :
Google adds support for 1080p video in Google Meet group calls for Workspace subscribers, after rolling out the feature for one-on-one sessions in April 2023
Umar Shakir / The Verge :
Online used car marketplace Shift files for Chapter 11 bankruptcy and begins shutting down its business, after going public via a SPAC merger in October 2020
Kirsten Korosec / TechCrunch :
Microsoft rolls out new tools in preview for health care organizations, including three new AI models for Azure AI Health Insights and an Azure AI Health Bot
An interview with Dropbox CEO Drew Houston on new AI features, the challenge of not annoying loyal users, embracing a virtual-first workplace culture, and more
he calls forcing far-flung employees back into the office a “crazy rug pull.” https://www.fastcompany.com/ ... LinkedIn: Todd Irwin : Drew Houston and Dropbox didn't just pivot, they somersaulted into...
Filings: India's Enforcement Directorate arrests a Vivo executive, who is also a Chinese national, in relation to a 2022 case over alleged money laundering
Munich-based Orbem, which uses an MRI scanner and AI to determine the sex of an egg, raised a €30M Series A led by 83North, taking its total funding to €40M
Mike Butcher / TechCrunch :
A US judge awards $181M+ in legal fees to plaintiffs' lawyers at two firms as part of Meta's $725M Cambridge Analytica settlement; Meta is “pleased” to move on
Sara Merken / Reuters :
New York City's crackdown on short-term listings causes Airbnb listings to plummet, while some turn to services such as Craigslist, Houfy, and Facebook Groups
Amanda Hoover / Wired : X: @weatherdai , @colincrook , @scottlincicome , @alexlmiller , @tomasforgac , and @nickhalver Forums: r/newyorkcity and r/technology X: @weatherdai : wow. incredible. I thoug...
Sources: several startups, VCs, and PE firms are exploring investments in Indian banks, which may help cut capital acquisition costs for local fintech startups
Manish Singh / TechCrunch :
A draft of ASEAN's “guide to AI ethics and governance” shows the bloc is taking a business-friendly approach to AI, in contrast to the EU's stringent framework
Filing: Alphabet-owned DeepMind cut expenses related to employees by to £595M in 2022, down 39% from £969M in 2021, as revenue fell 21% YoY
Thomas Seal / Bloomberg :
Some chemicals suppliers to TSMC plan to enter Europe, claiming EU chipmakers' manufacturing processes have become inefficient and their supply chains atrophied
Financial Times :
TikTok adds Direct Post, which lets users post directly from Adobe Premiere Pro, Adobe Express, CapCut, DaVinci Resolve, SocialPilot, and Twitch's Clip Editor
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
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.