Posts by blatcho:

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)

Jonathan Stempel / Reuters: 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  —  U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal …

Shadowbanning is real and social media sites should be more transparent about it; survey: nearly 1 in 10 US social media users think they’ve been shadowbanned (Geoffrey A. Fowler/Washington Post)

Geoffrey A. Fowler / Washington Post: Shadowbanning is real and social media sites should be more transparent about it; survey: nearly 1 in 10 US social media users think they’ve been shadowbanned  —  Elon Musk is right: Social media should tell you when you’re shadowbanned  —  Art teacher Jennifer Bloomer has used Instagram …

Source: the DOJ launched a criminal investigation into the alleged $370M+ in assets stolen as FTX declared bankruptcy, separate from its fraud case against SBF (Ava Benny-Morrison/Bloomberg)

Ava Benny-Morrison / Bloomberg: Source: the DOJ launched a criminal investigation into the alleged $370M+ in assets stolen as FTX declared bankruptcy, separate from its fraud case against SBF  —  Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours …

Q&A with YouTube’s Chief Product Officer Neal Mohan on why the company acquired NFL rights, giving creators game footage, 4K broadcasts, multiscreen, and more (Nilay Patel/The Verge)

Nilay Patel / The Verge: Q&A with YouTube’s Chief Product Officer Neal Mohan on why the company acquired NFL rights, giving creators game footage, 4K broadcasts, multiscreen, and more  —  YouTube won the big bidding war for NFL Sunday Ticket yesterday, beating out Apple, Amazon, and ESPN with a deal worth a reported $2 billion […]

The $1.7T US funding package included the INFORM Act, forcing Amazon, Meta, and others to verify prolific sellers to combat counterfeit and dangerous goods (Haleluya Hadero/Associated Press)

Haleluya Hadero / Associated Press: The $1.7T US funding package included the INFORM Act, forcing Amazon, Meta, and others to verify prolific sellers to combat counterfeit and dangerous goods  —  Retailers are scoring one win in the government-wide spending bill, which will force online marketplaces like Amazon and Facebook …

Lawyers working on crypto bankruptcies, including FTX and Celsius, are charging more than $1,800 per hour, leading some creditors to criticize the process (Sujeet Indap/Financial Times)

Sujeet Indap / Financial Times: Lawyers working on crypto bankruptcies, including FTX and Celsius, are charging more than $1,800 per hour, leading some creditors to criticize the process  —  Advisers in Celsius case bill $52mn for four months’ work  —  The investment bank B Riley is so determined to persuade …

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)

Iris Deng / South China Morning Post: Chinese government data for January to October 2022 shows domestic smartphone shipments fell 22% YoY from 275.3M to 214.5M units  —  Smartphone shipments in China slumped 22 per cent in the first 10 months of the year, according to latest government data, as the industry’s largest market …

IntoTheBlock: the Bitcoin network hashrate dropped by 38.8%+ on December 24 from its December 21 peak as many US-based miners paused operations due to blizzards (Timmy Shen/Forkast)

Timmy Shen / Forkast: IntoTheBlock: the Bitcoin network hashrate dropped by 38.8%+ on December 24 from its December 21 peak as many US-based miners paused operations due to blizzards  —  The Bitcoin network hashrate has dropped by more than 38.8% from its peak on Wednesday, as many U.S.-based miners have been forced …

Jon Peddie Research: there are 18 companies globally developing and producing GPUs; eight out of the 11 PC and data center GPU designers are based in China (Anton Shilov/Tom’s Hardware)

Anton Shilov / Tom’s Hardware: Jon Peddie Research: there are 18 companies globally developing and producing GPUs; eight out of the 11 PC and data center GPU designers are based in China  —  There are 18 GPU developers worldwide today.  —  The number of GPU startups in China is extraordinary as the country tries …

A look at Elon Musk’s tightening finances as TSLA dropped 65% in 2022, shrinking his borrowing power, and his fortune fell from an estimated $340B high to $140B (Tim Higgins/Wall Street Journal)

Tim Higgins / Wall Street Journal: A look at Elon Musk’s tightening finances as TSLA dropped 65% in 2022, shrinking his borrowing power, and his fortune fell from an estimated $340B high to $140B  —  Billionaire’s borrowing power has shrunk with Tesla share decline  —  Elon Musk’s Unconventional Management Style: Former Employees Share Stories

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)

Financial Times: 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  —  China’s leading handset maker has suffered Covid disruption at home and regulatory woes abroad  —  Three top executives …

Study: programmers who use GitHub Copilot and other AI tools produce less secure code than those who do not, despite believing their code has no safety issues (Thomas Claburn/The Register)

Thomas Claburn / The Register: Study: programmers who use GitHub Copilot and other AI tools produce less secure code than those who do not, despite believing their code has no safety issues  —  At the same time, tools like Github Copilot and Facebook InCoder make developers believe their code is sound

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)

Dhruv Mehrotra / Wired: 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  —  Don’t be fooled by its fun name and Tamagotchi-like interface—this do-everything gadget is trouble waiting to happen and a whole lot more.

Q&A with author and labor lawyer Orly Lobel about AI’s ability to help mitigate human biases in hiring and compensation, privacy regulation, and more (Jennifer Conrad/Wired)

Jennifer Conrad / Wired: Q&A with author and labor lawyer Orly Lobel about AI’s ability to help mitigate human biases in hiring and compensation, privacy regulation, and more  —  Author and labor lawyer Orly Lobel says AI can help mitigate human biases in hiring and compensation.

Sensor Tower: Pinduoduo’s marketplace Temu gained 10.8M installations in the US since Sep. 1, and became the most downloaded US app between Nov. 1 and Dec. 14 (Shen Lu/Wall Street Journal)

Shen Lu / Wall Street Journal: Sensor Tower: Pinduoduo’s marketplace Temu gained 10.8M installations in the US since Sep. 1, and became the most downloaded US app between Nov. 1 and Dec. 14  —  Temu, a marketplace with deep discounts and copious coupons, has become the most downloaded mobile app in the U.S.  — Copy […]

Supply chain experts warn of a months-long disruption risk to Apple’s iPhone production and operations due to worker absenteeism, amid China’s COVID-19 wave (Patrick McGee/Financial Times)

Patrick McGee / Financial Times: Supply chain experts warn of a months-long disruption risk to Apple’s iPhone production and operations due to worker absenteeism, amid China’s COVID-19 wave  —  Supply chain experts warn outbreak following reversal of zero-Covid curbs creates uncertainty for iPhone maker

Twitter employees shed light on Elon Musk’s erratic leadership; a Signal message shows Musk wanted “full access” for Bari Weiss, which staff refused to grant (Faiz Siddiqui/Washington Post)

Faiz Siddiqui / Washington Post: Twitter employees shed light on Elon Musk’s erratic leadership; a Signal message shows Musk wanted “full access” for Bari Weiss, which staff refused to grant  —  Musk’s intense focus on his social media company purchase has devolved into the culture wars.  Meanwhile, Tesla is tanking.

A look at XRAI Glass, an Android app for the deaf and hard of hearing that can caption real-life conversations when paired with the $379 Nreal Air AR glasses (Simon Hill/Wired)

Simon Hill / Wired: A look at XRAI Glass, an Android app for the deaf and hard of hearing that can caption real-life conversations when paired with the $379 Nreal Air AR glasses  —  XRAI Glass, when paired with $379 AR glasses, can caption real-life conversations as they happen, with a few major caveats.

Joe Biden signs into law an $858B defense policy bill conferring more power and obligations on US Cyber Command, such as offensive operations on foreign powers (Martin Matishak/The Record)

Martin Matishak / The Record: Joe Biden signs into law an $858B defense policy bill conferring more power and obligations on US Cyber Command, such as offensive operations on foreign powers  —  President Joe Biden signed a $858 billion defense policy bill on Friday, conferring more power — and obligations — on U.S. Cyber Command.

Mastodon’s decentralized nature raises concerns about the liability of users running their own instances, under copyright and privacy laws around the world (Amanda Hoover/Wired)

Amanda Hoover / Wired: Mastodon’s decentralized nature raises concerns about the liability of users running their own instances, under copyright and privacy laws around the world  —  As the niche, decentralized social networking platform rises in popularity, it faces rising costs, culture shifts—and potential legal risks.

Philadelphia-based Exyn, which develops AI-powered navigation tech for drones and robots, raised a $35M Series B from Reliance and others at a ~$107M valuation (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Philadelphia-based Exyn, which develops AI-powered navigation tech for drones and robots, raised a $35M Series B from Reliance and others at a ~$107M valuation  —  Reliance has backed the Philadelphia-based AI and robotics startup Exyn, the Indian conglomerate disclosed in a stock exchange filing …

The 2022 crypto winter showed the digital asset ecosystem is more interconnected than many participants realize, despite decentralization being a core tenet (Bloomberg)

Bloomberg: The 2022 crypto winter showed the digital asset ecosystem is more interconnected than many participants realize, despite decentralization being a core tenet  —  As 2021 came to a close, crypto enthusiasts were brimming with optimism.  After all, it had been a banner year: Nonfungible tokens, or NFTs, had crossed into the mainstream.

A look at some NFT utility cases like gaming, as NFT trading volume fell from $17B in January 2022 to $400M in November 2022, amid the crypto market slump (Joel Khalili/Wired)

Joel Khalili / Wired: A look at some NFT utility cases like gaming, as NFT trading volume fell from $17B in January 2022 to $400M in November 2022, amid the crypto market slump  —  The market for non-fungible tokens took a nosedive this year.  Now, die-hard evangelists think the key to success is finding different […]

Sources: Twitter removed a feature that promoted safety resources related to suicide, child sexual exploitation, and more, after an order by Elon Musk (Reuters)

Reuters: Sources: Twitter removed a feature that promoted safety resources related to suicide, child sexual exploitation, and more, after an order by Elon Musk  —  Twitter Inc removed a feature in the past few days that promoted suicide prevention hotlines and other safety resources to users looking …