Articles from t.co

Articles from t.co

FTX plans to recoup political donations by Sam Bankman-Fried and his associates, estimated at $70M+ in the 2021-2022 election cycle, to help repay creditors (t.co)
2022-12-20

Sources: DCG is attempting to raise capital and avoid bankruptcy for its Genesis subsidiary in part to avert a $350M loan repayment to Todd Boehly's Eldridge (t.co)
2022-12-20

Douyin has become China's fourth biggest e-commerce company by GMV, as short videos prove ideal as bait for long ads by giving higher purchase conversion rates (t.co)
2022-12-19 China

Binance says it was hit by roughly $6B in net withdrawals between December 12 and December 14, which it was able to fulfill “without breaking stride” (t.co)
2022-12-18

The US Commerce Department puts 36 Chinese companies on its Entity List, including chipmaker Yangtze Memory Technologies and AI chip maker Cambricon (t.co)
2022-12-16 China AI

Filing: Elon Musk sells 22M Tesla shares, worth ~$3.6B, the fourth sale since announcing his Twitter takeover and third since declaring “no further TSLA sales” (t.co)
2022-12-15 Tesla Twitter Elon Musk

The mobile games market is set to fall in 2022 for the first time in over a decade; Newzoo forecasts revenues to drop by 6.4% to $92.2B, vs. 7.3% growth in 2021 (t.co)
2022-12-15 Mobile

A look at the Safetipin app, which lets users map safe and unsafe areas in 65 cities across 16 countries and is helping New Delhi carry out improvement work (t.co)
2022-12-15

Court filing: FTX Digital Markets co-CEO Ryan Salame tipped Bahamas' security commission on November 9 that FTX customer funds were used to cover Alameda losses (t.co)
2022-12-15

Sources: Alibaba won't be able to buy Arm's Neoverse V chips after Arm concludes that the US and UK won't approve export of the high performance tech to China (t.co)
2022-12-14 China Alibaba

Paytm will buy back up to 10.5M shares worth ~$103M at a 50%+ premium to the December 13 closing price, seeking to convince investors of a path to profitability (t.co)
2022-12-14

Sources: the US commerce department plans to put Chinese memory chip maker YMTC on its “entity list” as early as this week, limiting its ability to get US tech (t.co)
2022-12-14 China

A look at Europe's chip self-sufficiency plans, aided by ASML and others; SEMI estimates 10 new facilities in Europe by 2025, compared to 21 in Taiwan (t.co)
2022-12-14 Europe Taiwan

Sources: Checkout.com, which offers payment processing tools, drops its internal valuation to ~$11B, after securing a $40B investor valuation in January 2022 (t.co)
2022-12-13

South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA, is hiding in Serbia, traveling via Dubai from Singapore in October (t.co)
2022-12-12 Korea Singapore Dubai

Meituan and Pinduoduo, pandemic winners in China, are adapting to renewed competition from Douyin, Alibaba, and others, as China sheds its zero-COVID-19 policy (t.co)
2022-12-12 China Alibaba

Sony's CTO and NEC's CEO say US chip export controls may temporarily impact China's ability to procure chips but question the sanctions' long-term effectiveness (t.co)
2022-12-11 China Sony

Apple agrees to remove concealment clauses from staff and contractor agreements, which limited the ability to speak about harassment and other unlawful conduct (t.co)
2022-12-10 Apple

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 (t.co)
2022-12-10 Germany Startup

Sources: FTX reached the late stages of talks with Taylor Swift over a $100M+ sponsorship deal, supported by Swift fan SBF, who faced opposition from FTX execs (t.co)
2022-12-7

The White House says Beijing relented and let US officials inspect Chinese tech companies, some of which faced “entity list” sanctions, including YMTC (t.co)
2022-12-7 China

A look at a spreadsheet SBF used in November that lists ~500 alleged VC investments by Alameda, including in Genesis, Sky Mavis, Paxos, StarkWare, and Anchorage (t.co)
2022-12-7

Sources: Amazon reaches a deal with the EU to end two antitrust investigations, increasing visibility of rivals' products and adding offers for non-Prime orders (t.co)
2022-12-7 Amazon

Filing: US bank Silvergate acknowledges processing wire transfers for traders on Alameda, saying it conducted “extensive due diligence” on FTX and Alameda (t.co)
2022-12-6

Sources: the UK Treasury finalizes plans for expanded crypto regulations, including empowering the FCA and restricting advertising, following FTX's implosion (t.co)
2022-12-6

TSMC plans to more than triple its investment in Arizona to $40B, aiming to build a second plan for 3nm chips, starting production in 2026 (t.co)
2022-12-6

A look at FTX's historical ties to Hong Kong, where SBF cultivated wealthy families for investment, and how Alameda-owned Genesis Block helped raise cash (t.co)
2022-12-6 Hong Kong

Seeking to emulate BlackRock's Aladdin platform, State Street, Pimco, Amundi, and others are creating and commercializing their own digital investment platforms (t.co)
2022-12-6

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 (t.co)
2022-12-5 Interview

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 (t.co)
2022-12-4 iPhone Elon Musk Tim Cook

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