posted less than an hour ago on techmeme
Bloomberg: Source: the US DOJ is preparing a possible fraud case against Sam Bankman-Fried and others, examining cash flows to the Bahamas around FTX's bankruptcy filing  —  US prosecutors, laying the groundwork for a potential fraud case against Sam Bankman-Fried and others involved in the collapse …

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posted about 5 hours ago on techmeme
Dan Taylor / Tech.eu: London-based 9fin, which offers AI-powered data analytics for debt markets, raised a $23M Series A+ led by Spark Capital, bringing its total funding to $37.2M  —  UK startup establishes US presence and aims to become the leading global provider of data and analytics in debt markets

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posted about 8 hours ago on techmeme
Natasha Lomas / TechCrunch: Ireland's privacy watchdog says it is engaging with Twitter about giving data access to outsiders, amid concerns that Twitter could be in violation of GDPR  —  Elon Musk's desire to stir conspiratorial shit up by giving select outsiders aligned with his conservative agenda access to Twitter systems …

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posted about 8 hours ago on techmeme
Foo Yun Chee / Reuters: Sources: EU antitrust regulators plan to open a full-scale investigation into Broadcom's proposed $61B VMware acquisition  —  U.S. chipmaker Broadcom (AVGO.O) is set to face a setback in its $61 billion bid for cloud computing company VMware (VMW.N) with EU antitrust regulators poised to open …

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posted about 10 hours ago on techmeme
Sara Fischer / Axios: Sources: LLC's tied to crypto news site The Block's CEO secretly received $43M in Alameda loans, used in part to acquire and run the site; CEO has now resigned  —  The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

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posted about 11 hours ago on techmeme
Patrick McGee / Financial Times: Apple agrees to remove concealment clauses from staff and contractor agreements, which limited the ability to speak about harassment and other unlawful conduct  —  Company responds to pressure over claims staff were restricted from discussing workplace harassment

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posted about 13 hours ago on techmeme
Nick Baker / CoinDesk: Auditing firm Mazars says Crypto.com users' crypto assets are fully backed one-to-one, after vouching for a similar proof-of-reserves report from Binance  —  The examination was done by auditing firm Mazars.  —  Crypto.com released proof-of-reserves data from auditing firm Mazars Group …

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posted about 14 hours ago on techmeme
Sheila Dang / Reuters: In an email to advertisers, Twitter says it will launch controls to prevent ads from showing up next to tweets containing certain keywords as soon as next week  —  Twitter Inc will roll out new controls as soon as next week to let companies prevent their ads from appearing above …

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posted about 15 hours ago on techmeme
Chance Miller / 9to5Mac: Apple and Ericsson reach a licensing agreement over “patented cellular standard-essential technologies” and more, ending a years-long legal battle  —  Apple and Ericsson have reached a licensing agreement that will put an end to a years-long, increasingly nasty legal battle between the two companies.

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posted about 15 hours ago on techmeme
Matthew Goldstein / New York Times: SBF agrees to testify before a House committee on December 13 but remains quiet about a request from a Senate committee, which could issue a subpoena  —  The FTX founder said on Twitter he would appear before a House committee next week, but was quiet about a similar request from a Senate committee.

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posted about 16 hours ago on techmeme
Cecilia D'Anastasio / Bloomberg: The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship and ad market, falling VC investment, and the crypto meltdown  —  The once-thriving esports industry has fallen on hard times as funding sources dwindle and signs abound that athletic competition via video games …

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posted about 16 hours ago on techmeme
Tim Bradshaw / Financial Times: Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B, and sources say Gorillas alone at ~$1.2B  —  Combined group worth $10bn represents a fall in valuation as investors turn against lossmaking tech start-ups

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posted about 17 hours ago on techmeme
Reuters: SoftBank-backed Indian e-commerce firm Snapdeal drops its $152M IPO plans, after filing in December 2021, amid a tech stock rout  —  SoftBank-backed Indian e-commerce firm Snapdeal has decided to pull the plug on its $152 million IPO, the company told Reuters, making it the latest casualty …

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posted about 19 hours ago on techmeme
Hannah Miller / Bloomberg: Singapore-based Amber Group, one of Asia's largest crypto exchanges, cuts 40% of its staff, scraps retail operations, and terminates its Chelsea FC sponsorship  —  Amber Group, one of Asia's leading crypto trading and lending platforms, is cutting jobs, scrapping retail operations and terminating …

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posted about 20 hours ago on techmeme
Maggie Miller / Politico: A look at Estonia's efforts to aid cybersecurity workers in Ukraine and coordinate with European and US allies to defend against Russia's cyberattacks  —  TALLINN, Estonia — Ukraine has surprised the world with its ability to fend off major cyberattacks from Russia.

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posted about 20 hours ago on techmeme
Emily Nicolle / Bloomberg: As US prosecutors reportedly investigate FTX and Alameda's role in orchestrating LUNA and UST's collapse, a look at the timeline of events and evidence  —  The latest twist in the downfall of crypto maven Sam Bankman-Fried is prompting a reexamination of the implosion of the Terra algorithmic …

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posted about 21 hours ago on techmeme
Kurt Wagner / Bloomberg: After Bari Weiss shared screenshots of internal systems, Twitter's trust and safety head Ella Irwin says “reporters were not accessing user DMs”  —  Elon Musk is giving outside writers unprecedented access to internal Twitter Inc. information, instructing the current head of trust …

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posted about 22 hours ago on techmeme
Julia Shapero / The Hill: Bari Weiss releases “Twitter Files Part Two”, sharing images of accounts that Twitter allegedly put on “blacklists” and screenshots of internal Slack messages  —  Former New York Times columnist Bari Weiss released the second installment of the “Twitter Files” …

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posted about 23 hours ago on techmeme
Christine Hall / TechCrunch: MarginEdge, which provides software for restaurant management and bill payment, raised a $45M Series C led by Ten Coves, bringing its total funding to $71M+  —  The global pandemic was tough on the restaurant industry, one that was already slow to adopt technology but then also had to quickly learn …

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posted about 23 hours ago on techmeme
Miles Klee / Rolling Stone: No emoji better suited 2022's ups and downs than the saluting face, used by laid-off Twitter employees and many others to express irony, reassurance, and more  —  The stern little face has become an unlikely beacon of solidarity and support — while making us laugh every time

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posted about 24 hours ago on techmeme
Alex Heath / The Verge: An interview with Tim Sweeney about his crusade to break Apple's power over the App Store, and how it is increasingly a problem for speech and not just business  —  Sweeney says he's willing to go to the Supreme Court to fight Apple's control of the App Store.  But first, he's hoping Congress will act before it's too late.

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posted 1 day ago on techmeme
Nick Turner / Bloomberg: Elon Musk says Twitter is working on an update that will tell users if they've been “shadowbanned”, the reason why, and how to appeal  —  Twitter Inc. owner Elon Musk, continuing a shake-up of the platform he acquired in October for $44 billion, said the company will begin telling users …

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posted 1 day ago on techmeme
Jasmine Pennic / hitconsultant.net: Tokyo-based Ubie, which offers an AI-powered patient symptom questionnaire for medical care guidance, closed a $45M Series C, bringing its total funding to $76M  —  What You Should Know:  — Ubie, Inc., a Tokyo-based healthcare startup, announced it has closed its Series C round at $45M by raising $19M in an extension round.

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posted 1 day ago on techmeme
Anuran Sadhu / Reuters: NordVPN: stolen data of 5 million people globally, including 600,000 Indians, have been sold on the Genesis, Russian, and 2easy bot markets for ~$6 on average  —  Around five million people globally have had their data stolen and sold on the bot market till date, of which 600,000 are from India …

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posted 1 day ago on techmeme
Chelsey Cox / CNBC: The SEC asks US public companies to disclose their exposure and risks related to crypto assets after “recent bankruptcies and financial distress”  —  - The SEC is advising companies to disclose their involvement with digital commodities firms, according to guidance released Thursday.

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