News
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Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in loans from Alameda, which were in part used to acquire and run the site (Sara Fischer/Axios)
Sara Fischer / Axios: Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in…
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Apple agrees to remove concealment clauses from staff and contractor agreements, which limited the ability to speak about harassment and other unlawful conduct (Patrick McGee/Financial Times)
Patrick McGee / Financial Times: Apple agrees to remove concealment clauses from staff and contractor agreements, which limited the ability…
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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 (Nick Baker/CoinDesk)
Nick Baker / CoinDesk: Auditing firm Mazars says Crypto.com users’ crypto assets are fully backed one-to-one, after vouching for a…
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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 (Sheila Dang/Reuters)
Sheila Dang / Reuters: In an email to advertisers, Twitter says it will launch controls to prevent ads from showing…
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Apple and Ericsson reach a licensing agreement over "patented cellular standard-essential technologies" and more, ending a years-long legal battle (Chance Miller/9to5Mac)
Chance Miller / 9to5Mac: Apple and Ericsson reach a licensing agreement over “patented cellular standard-essential technologies” and more, ending a…
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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…
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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 (Cecilia D'Anastasio/Bloomberg)
Cecilia D’Anastasio / Bloomberg: The hype around esports is fading, as teams and organizations shrink due to a weak sponsorship…
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Istanbul-based delivery startup Getir closes its acquisition of Berlin-based rival Gorillas, valuing the group at $10B; sources: Gorillas was valued 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…
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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…
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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 (Hannah Miller/Bloomberg)
Hannah Miller / Bloomberg: Singapore-based Amber Group, one of Asia’s largest crypto exchanges, cuts 40% of its staff, scraps retail…
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