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Saturday, 31 December 2022
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)
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First pretrial hearing in the FTC's case against Microsoft's $69B bid to take over Activision Blizzard set for January 3, 2023 (Alexandra Alper/Reuters)
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A look at 2022's worst breaches, leaks, ransomware attacks, state-sponsored hacking campaigns, and digital takeovers, including at least two Twilio breaches (Lily Hay Newman/Wired)
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Report: AMD, Intel, Nvidia, and others are slashing their orders with TSMC, with the contract manufacturer's Q1 2023 sales projected to decrease by 15% QoQ (Anton Shilov/Tom's Hardware)
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Friday, 30 December 2022
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)
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Source: FTX founder Sam Bankman-Fried is likely to plead not guilty to eight counts of fraud at a hearing next week (Wall Street Journal)
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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 (Matt Levine/Bloomberg)
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Bahamas' Securities Commission says it is holding FTX assets worth $3.5B on a temporary basis and plans to deliver them to customers and creditors who own them (Reuters)
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Thursday, 29 December 2022
Canada's competition tribunal approves Rogers' $14.77B bid to acquire Shaw, saying the deal is "not likely to prevent or lessen competition substantially" (Reuters)
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Sources detail Elon Musk's Twitter cost-cutting measures, including closing a data center, reducing training for new staff, and canceling janitorial services (New York Times)
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A look at India's plan to build a semiconductor supply chain, including via a ~$10B incentive program, issues with the Foxconn-Vedanta joint venture, and more (Dylan Patel/SemiAnalysis)
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India says it will prioritize the development of global regulation of unbacked crypto assets, including their possible prohibition, under its G20 presidency (Manish Singh/TechCrunch)
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Wednesday, 28 December 2022
The SEC says FTX made two $100M investments using customer funds in fintech company Dave in March 2022 and blockchain startup Mysten Labs in September 2022 (CNBC)
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Ukraine was ‘sea change' for spies – GCHQ head Sir Jeremy Fleming interviews head of US intelligence agency as guest editor of Radio 4's Today programme. December 29, 2022 at 05:34AM
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Some Twitter users are reporting widespread service interruptions; Downdetector: the issues mainly affect its website and started around 7pm ET on Wednesday (Kate Conger/New York Times)
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A hacker leaks API keys belonging to users of crypto trading service 3Commas, which said its users were "phished"; 3Commas CEO confirms the leaked data (Sam Kessler/CoinDesk)
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CCS Insight: global shipments of VR and AR devices fell 12%+ YoY to 9.6M in 2022; NPD Group: US sales of VR headsets fell 2% YoY to $1.1B as of early December (Jonathan Vanian/CNBC)
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Tuesday, 27 December 2022
Kraken says it is closing its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31 2023, weeks after cutting its workforce by 30% (Bloomberg)
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Southwest Airlines says the operational meltdown over the holiday weekend was partly caused by its scheduling software, which a union rep called as "outdated" (Taylor Rains/Insider)
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Court filing: Intel and VLSI Technology agreed to end a patent dispute in Delaware where Intel previously said VLSI had asked for more than $4B in damages (Blake Brittain/Reuters)
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Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021; the company slashed its valuation every quarter in 2022 (Erin Woo/The Information)
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Filing: US prosecutors charge a man with fraud and manipulation, accusing him of trying to steal ~$110M in October by rigging the DeFi platform Mango Markets (Jonathan Stempel/Reuters)
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An interview with AI researcher and MacArthur Fellow Yejin Choi on misconceptions about AI, GPT-3, training models to make moral decisions, and more (David Marchese/New York Times)
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A profile of Senegal-based Wave, Francophone West Africa's only unicorn and the first non-telco, non-bank offering mobile money services in eight countries (Bloomberg)
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Monday, 26 December 2022
Q&A with Apple App Store Vice President Matt Fischer on Apple Arcade's inception, its lack of a flagship exclusive game, approaching game developers, and more (Shelby Brown/CNET)
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Chinese government data for January to October 2022 shows domestic smartphone shipments fell 22% YoY from 275.3M to 214.5M units (Iris Deng/South China Morning Post)
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A look at Tel Aviv-based Toka, which helps clients in government and intelligence agencies hack security cameras and alter live feeds and past recordings (Omer Benjakob/Haaretz)
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Internal memo: Xiaomi President Wang Xiang and co-founders Hong Feng and Wang Chuan step down, as the company battles slowing sales amid COVID-19 disruptions (Financial Times)
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Sunday, 25 December 2022
A look at Flipper Zero, a $200 portable security penetration testing tool for hackers of all levels to intercept and replay signals from IoT sensors and more (Dhruv Mehrotra/Wired)
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Saturday, 24 December 2022
Current and former CISA employees and sources detail an agency lacking a clearly defined strategic direction and whose leadership is often focused on its PR (CyberScoop)
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A look at XRAI Glass, an Android app for the deaf and hard of hearing that can caption real-life conversations when paired with $379 Nreal Air AR glasses (Simon Hill/Wired)
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Joe Biden signs into law an $858B defense policy bill that confers more power and obligations on US Cyber Command (Martin Matishak/The Record)
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Friday, 23 December 2022
The FTC orders Mastercard to provide customer data to its competitors for debit card payments, alleging Mastercard used tokenization to block competing networks (Bloomberg)
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