Tech News and Analysis from around the web
Olivia Carville / Bloomberg:
A look at TikTok's role in spreading the “blackout challenge”, leading some kids to choke themselves to death, as critics say the company could be doing more — “Sissy's tangled!” — The 5-year-old boy's panicked cries echoed down the hallway of the Arroyos' three-bedroom clapboard house in Milwaukee.
Alex Cranz / The Verge:
Amazon Kindle Scribe review: great battery, display, and accessories, but lackluster notetaking, outdated document syncing and software, and small writing delay — Amazon's biggest Kindle ever is also the first to let you pair it with a stylus for note-taking.
A UK court rules Binance, Coinbase, Kraken, Luno, and other exchanges must give customer details to an unnamed UK exchange to track down $10.7M in stolen funds — Six exchanges ordered to disclose customer details to help trace funds overseas — A London court has ordered cryptocurrency …
It happened for newly logged-in users at startup, as FeedLand loads for the first time.
The code as originally written allows for this, but I added something on Nov 8, as part of the Your Feed feature, code that copies something from the place that doesn't exist yet to a place that does, without checking. Boom.
This meant that the rest of the startup code didn't run. The app is sitting there waiting for the first-time user to do something. Everything is blank, none of the commands work, and yet two of them persevered, and reported the problem.
Anyway, since the problem cures itself as soon as they get a good logon, it simply wasn't repeatable. But this time, having a theory about where the error was, and I had a virgin Twitter account ready for the test -- I logged in and it was fixed, which I could see as I stepped through the code in the debugger.
Many apologies to the people who endured this, it is so freaking embarrassing. I am sorry this happened.
Oy. I have to do better.
Jackie Davalos / Bloomberg:
Memo: DoorDash plans to lay off around 1,250 employees, aiming to curb expenses; sources say that represents around 6% of its workforce — DoorDash Inc. is laying off about 1,250 people in an effort to rein in expenses, according to a company memo from Chief Executive Officer Tony Xu viewed by Bloomberg.
Tom Matsuda / The Block:
Brussels-based crypto market maker Keyrock raised a $72M Series B led by Ripple, following a €4.3M Series A in October 2020 — - Ripple has led a $72 million Series B funding round into digital asset market maker Keyrock. Six Fintech Ventures and Middlegame Ventures also participated in the round, which closed in September.
Gregory Zuckerman / Wall Street Journal:
Sources detail Alameda's early years, starting in fall 2017, as SBF shrugged off concerns about risky investments, leading several employees to quit in 2018 — ‘We ended up not really knowing how much money we even had,’ one former employee says — Why FTX Picked the Bahamas, and What Happens Now to the Crypto Hub
Ariel Shapiro / The Verge:
Spotify releases Wrapped 2022 for users, adding a “music personality” feature, and says Joe Rogan, Emma Chamberlain, and others were its top podcasters — Spotify Wrapped is here, and with it, a slew of year-end charts, data, and graphics ripe for sharing.
Manish Singh / TechCrunch:
The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points — European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …
Juliana Liu / CNN:
Chinese state media: a five-day COVID-19 lockdown in Zhengzhou, home to Foxconn's iPhone plant, has been lifted; an analyst says disruptions cost Apple $1B/week — Hong Kong CNN Business — The central Chinese city of Zhengzhou, home to the world's largest iPhone factory …
A look at China's growing interest in the open-source Risc-V chip architecture after US sanctions, including enlisting Alibaba and Tencent to help design chips — Chinese government steps up push to use Risc-V in move aimed at boosting domestic production of semiconductors
Sources detail Huawei's plans to stealthily build a domestic chip supply chain with partners in Beijing, Wuhan, Qingdao, and Shenzhen, investing over $55.8B — Battered by sanctions, Huawei leads the way in stealthily building a domestic semiconductor supply chain
SpaceX's Starlink increases the price for new Ukrainian customers to $700, far above the $385 cost from earlier in 2022; monthly subscriptions rise to $75 — Cost of communications devices made by Elon Musk-owned SpaceX set to rise due to Russian assault on electricity grid
Emily Nicolle / Bloomberg:
Emboldened by FTX's collapse, the disgraced founders of Terra, Celsius, and Three Arrows Capital have reemerged, offering their thoughts on SBF, FTX, and more — Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. If someone forwarded this to you, sign up here.
Josh Horwitz / Reuters:
Analysis of Apple's supply chain data shows 44% to 47% of suppliers were China-based between 2014 and 2019, dropping to 41% in 2020 and 36% in 2021 — Apple Inc's (AAPL.O) wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began …
Interviews detail FTX and SBF's lavish spending, aided by minimal internal controls, including $300M+ on Bahamas real estate and chartering Amazon deliveries — When crypto exchange FTX moved its headquarters to the Bahamas from Hong Kong last year, employees discovered that Amazon did not deliver to the island.
A good reason to keep a Twitter account.
Mastodon's scaling is an unknown at this point. And it's growing very quickly.
Had this thought just now when I couldn't get through to either of the instances I frequent.
At least think of Twitter as a backup.
The thing I like about the end of 2022 in this part of the internet. My toys are very much on-topic now, after many years of being aggressively ignored by those in-the-know.
I kept wanting to say this. I've been counted out many times only to rise again. Sometimes even I believe that bullshit. I'll keep digging until I can't dig no mo.