Kaiko: as FTX disintegrated, trading volume at the largest crypto exchanges jumped 23% to $705B in November, mainly driven by a 30% jump on Binance — Digital-asset exchange Binance Holdings Ltd. saw a substantial boost in trading activity as Sam Bankman-Fried's FTX crypto empire collapsed in November.
Meta's Oversight Board releases a report on the controversial cross-check moderation system, citing “shortcomings” and calling for “radically” more transparency — Meta's Oversight Board has released an in-depth report on Facebook and Instagram's controversial cross-check system …
Sources: the UK Treasury finalizes plans for expanded crypto regulations, including empowering the FCA and restricting advertising, following FTX's implosion — Implosion of FTX injects fresh urgency into government's pledge to impose order — The Treasury is finalising plans for a package …
Apple launches its self-service repair program in Belgium, France, Germany, Italy, Poland, Spain, Sweden, and the UK, the first expansion outside the US — Apple today announced it has launched its self-service repair program in Europe, extending the program beyond the United States for the first time.
Meta plans to consider removing news from its platform if Congress passes Senator Klobuchar's “ill-considered” Journalism Competition and Preservation Act — Bill would allow news organizations to band together to negotiate for a larger share of online advertising revenue
Seeking to emulate BlackRock's Aladdin portfolio management system, State Street, Pimco, Amundi, and others are creating their own digital investment platforms — Companies including State Street and Pimco compete to capture slice of outsourced IT services
An interview with Max Levchin on Affirm, the US CFPB's inquiry into BNPL services, problems with credit cards, the current economic environment, and more — The PayPal cofounder on why his “buy now, pay later” company Affirm is a healthier way to borrow, what caused the techlash, and Elon Musk's Twitter.
In an interview, SBF admits involvement in Alameda's largest uses of funds: spending $3B to buy out Binance's stake in FTX and pouring $4B into venture capital — Exchange's former CEO says he was close to key decisions at nominally separate trading firm — Speaking from his bed in Nassau …
Kuo: mass shipments of Apple's AR/VR headset may be delayed until H2 2023, from previously estimated Q2 2023, due to “software-related issues” — Mass shipments of Apple's long-rumored AR/VR headset may be delayed until the second half of 2023 due to unspecified “software-related issues …
Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn — Out of all the beaten-down public companies in the autonomous driving space, Embark Technology stands out as a conspicuously terrible stock market performer.
A look at virtual currencies like Roblox's Robux, which have become many kids' preferred way to be paid for chores or receive as an allowance — Virtual currencies have become many families' preferred way to pay allowance. And Roblox's currency is king. — Like many parents …
Tim Cook was able to placate Elon Musk within two days, but the chaos at Foxconn's “iPhone City” may become the greatest test of Cook's diplomatic skills yet — Apple chief placates Elon Musk but faces bigger questions over iPhone supply chain — Tim Cook was already battling …
Elon Musk thinks the “Twitter Files” show that Twitter staff nefariously helped Joe Biden, but all they show is a team debating a difficult moderation decision — Free-speech crusader Elon Musk isn't happy with Twitter's years-old decision to suppress a news story …
Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...
