Despite Elon Musk's opaque approach, the "Twitter Files" give a peek at moderation at scale and are a win for transparency, while failing to prove systemic bias (Devin Coldewey/TechCrunch)

Devin Coldewey / TechCrunch:
Despite Elon Musk's opaque approach, the “Twitter Files” give a peek at moderation at scale and are a win for transparency, while failing to prove systemic bias  —  Twitter's new owner, Elon Musk, is feverishly promoting his “Twitter Files”: selected internal communications from the company …

FTX secretly funded crypto news site, claims Axios

Cryptocurrency exchange FTX secretly funded media company the Block for over a year with money sent to the Block's chief executive, Axios reported, citing sources. https://ift.tt/B9chYdD

FTX founder Bankman-Fried to testify before US House panel

FTX's Sam Bankman-Fried is set to testify before a US House committee, the cryptocurrency exchange's founder and the congressional panel said on Friday, as regulators investigate his role in the wake of its collapse. https://ift.tt/idVocS5

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 (Matthew Goldstein/New York Times)

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.

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 (Tim Bradshaw/Financial Times)

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

SoftBank-backed Indian e-commerce firm Snapdeal drops its $152M IPO plans, after filing in December 2021, amid a tech stock rout (Reuters)

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 …