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Microsoft’s President discusses the FTC opposing the Activision Blizzard acquisition and says the company offered Sony a 10-year Call of Duty licensing deal (Brad Smith/Wall Street Journal)

Brad Smith / Wall Street Journal: Microsoft’s President discusses the FTC opposing the Activision Blizzard acquisition and says the company offered Sony a 10-year Call of Duty licensing deal  —  Far from harming competition, it’ll allow us to compete against more powerful companies through innovation.

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YouTube is making its own Twitch-like emotes

Illustration by Alex Castro / The Verge YouTube is starting to roll out its own custom emotes. The Twitch-like emotes, dubbed YouTube Emotes, can be used across YouTube in comment sections and during live chats, though the platform previously allowed individual streamers to offer their own reactions and emotes. YouTube’s own initial emotes are focused

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Meta’s Oversight Board releases a report on the controversial cross-check moderation system, citing “shortcomings” and calling for “radically” more transparency (Adi Robertson/The Verge)

Adi Robertson / The Verge: 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 …

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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 (David Pan/Bloomberg)

David Pan / Bloomberg: 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.

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Verizon replaces consumer unit chief Manon Brouillette, who joined in July 2021, with CEO Hans Vestberg; Verizon stock is down 29% in 2022 (Drew FitzGerald/Wall Street Journal)

Drew FitzGerald / Wall Street Journal: Verizon replaces consumer unit chief Manon Brouillette, who joined in July 2021, with CEO Hans Vestberg; Verizon stock is down 29% in 2022  —  Consumer division leader Manon Brouillette departs after less than a year amid weak wireless subscriber growth  —  Verizon Communications Inc. VZ …

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Filing: US bank Silvergate acknowledges processing wire transfers for traders on Alameda, saying it conducted “extensive due diligence” on FTX and Alameda (Joshua Oliver/Financial Times)

Joshua Oliver / Financial Times: Filing: US bank Silvergate acknowledges processing wire transfers for traders on Alameda, saying it conducted “extensive due diligence” on FTX and Alameda  —  Federal Reserve-regulated company says it performed ‘significant due diligence’ on FTX and Alameda Research

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Meta plans to consider removing news from its platform if Congress passes Senator Klobuchar’s “ill-considered” Journalism Competition and Preservation Act (Jon Swartz/MarketWatch)

Jon Swartz / MarketWatch: 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

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Apple launches its self-service repair program in Belgium, France, Germany, Italy, Poland, Spain, Sweden, and the UK, the first expansion outside the US (Tim Hardwick/MacRumors)

Tim Hardwick / MacRumors: 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.

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Sources: the UK Treasury finalizes plans for expanded crypto regulations, including empowering the FCA and restricting advertising, following FTX’s implosion (Financial Times)

Financial Times: 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 …

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Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after FTX’s collapse hit valuations and dampened investor interest (Reuters)

Reuters: Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after FTX’s collapse hit valuations and dampened investor interest  —  Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse …

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The EU and US agree to coordinate semiconductor subsidy programs, including reciprocal information sharing and adding an early warning system for disruptions (Yuka Hayashi/Wall Street Journal)

Yuka Hayashi / Wall Street Journal: The EU and US agree to coordinate semiconductor subsidy programs, including reciprocal information sharing and adding an early warning system for disruptions  —  Two sides at meeting make little progress over U.S. electric-car subsidies, an issue raised by the French president

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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 (Financial Times)

Financial Times: 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  —  President Biden to hail Taiwanese chipmaker’s second plant as boost for US manufacturing  —  Taiwan Semiconductor Manufacturing Company …

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Unpacking the 2022 crypto credit crisis and its parallels with the 2008 financial crisis by analyzing Three Arrows Capital’s collapse, FTX’s implosion, and more (Matt Levine/Bloomberg)

Matt Levine / Bloomberg: Unpacking the 2022 crypto credit crisis and its parallels with the 2008 financial crisis by analyzing Three Arrows Capital’s collapse, FTX’s implosion, and more  —  The crypto financial crisis of 2022  —  Apparently the way it works is that if you blow up a big crypto firm …

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Google brings continuous scrolling to desktop in English in the US, loading six pages of results, following a similar change on mobile in October 2021 (Jon Porter/The Verge)

Jon Porter / The Verge: Google brings continuous scrolling to desktop in English in the US, loading six pages of results, following a similar change on mobile in October 2021  —  Google’s search results on desktop will load in a continuous scroll instead of dividing into pages, the company has announced.

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Apple’s DIY repair service launches in Europe

Spare parts and tools are available for select iPhones and MacBooks. | Image: Apple Apple’s self-service repair program, which is designed to let customers repair their own iPhones and MacBooks, is launching in Europe. The company announced today that genuine Apple parts, tools, and manuals will be available to customers in Belgium, France, Germany, Italy,

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