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Sources: Yandex seeks Putin’s assent for restructuring, including selling its Russian business and spinning off key global projects in edtech and other sectors (Max Seddon/Financial Times)

Max Seddon / Financial Times: Sources: Yandex seeks Putin’s assent for restructuring, including selling its Russian business and spinning off key global projects in edtech and other sectors  —  Yandex, the company often described as “Russia’s Google”, is seeking Vladimir Putin’s blessing to sell its operations in the country …

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The US Fed raising interest rates faster than expected is driving the crypto crash, tech layoffs, and more, as companies value “money now” over long-term bets (Matthew Yglesias/Slow Boring)

Matthew Yglesias / Slow Boring: The US Fed raising interest rates faster than expected is driving the crypto crash, tech layoffs, and more, as companies value “money now” over long-term bets  —  Higher interest rates drive the Bitcoin crash, tech layoffs, and everything else

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Binance CEO Changpeng Zhao says the exchange aims for a ~$1B fund to buy distressed assets and plans to make another bid for bankrupt lender Voyager Digital (Bloomberg)

Bloomberg: Binance CEO Changpeng Zhao says the exchange aims for a ~$1B fund to buy distressed assets and plans to make another bid for bankrupt lender Voyager Digital  —  Binance Holdings Ltd. is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital-asset sector …

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FTX sister firm Alameda paid $11.5M for control of a small WA-based US-licensed bank, raising questions about why federal regulators approved the deal (Stephen Gandel/New York Times)

Stephen Gandel / New York Times: FTX sister firm Alameda paid $11.5M for control of a small WA-based US-licensed bank, raising questions about why federal regulators approved the deal  —  Through a subsidiary, FTX invested $11.5 million in the parent company of Farmington State Bank, which has a single branch and, until this year, just

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Bob Iger returns to a more competitive and challenging streaming landscape and should steer Disney+ to profitability without cannibalizing Disney’s other units (Sarah Krouse/Wall Street Journal)

Sarah Krouse / Wall Street Journal: Bob Iger returns to a more competitive and challenging streaming landscape and should steer Disney+ to profitability without cannibalizing Disney’s other units  —  Incoming CEO championed Disney+, but needs to steer streaming business toward profitability without cannibalizing other Disney units

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Frederick P. Brooks Jr., a Turing Award recipient who co-led IBM’s System/360 project and wrote a book cited as gospel by computer scientists, dies at 91 (Steve Lohr/New York Times)

Steve Lohr / New York Times: Frederick P. Brooks Jr., a Turing Award recipient who co-led IBM’s System/360 project and wrote a book cited as gospel by computer scientists, dies at 91  —  He was a lead designer of the computers that cemented IBM’s dominance for decades.  He later wrote a book on software engineering

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All three founders of online trading service Pipe are stepping down as the company looks for a “veteran” CEO; Pipe raised $250M at a $2B valuation in May 2021 (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch: All three founders of online trading service Pipe are stepping down as the company looks for a “veteran” CEO; Pipe raised $250M at a $2B valuation in May 2021  —  Co-founder Harry Hurst says, ‘We’re 0-1 builders, not at-scale operators.’  —  The three co-founders …

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Stability AI releases Stable Diffusion 2.0, which can now generate images with default resolution of 512×512 and 768×768, and can upscale images to 2048×2048 (Bill Cusick/Stability.Ai)

Bill Cusick / Stability.Ai: Stability AI releases Stable Diffusion 2.0, which can now generate images with default resolution of 512×512 and 768×768, and can upscale images to 2048×2048  —  It is our pleasure to announce the open-source release of Stable Diffusion Version 2.  —  The original Stable Diffusion V1 led …

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Prosus valued its 9.67% stake in Byju’s at $578M at the end of Q3 2022, implying Byju’s total value to be $5.9B; Byju’s was valued at $22B in October 2022 (Moneycontrol)

Moneycontrol: Prosus valued its 9.67% stake in Byju’s at $578M at the end of Q3 2022, implying Byju’s total value to be $5.9B; Byju’s was valued at $22B in October 2022  —  Although Prosus’ accounting entry implies that it values Byju’s at $5.9 billion, experts say that different shareholders may value a private company differently

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Sources: US senators raise concerns as hundreds of China-made DJI recreational drones have violated restricted airspace over Washington, DC in recent months (Politico)

Politico: Sources: US senators raise concerns as hundreds of China-made DJI recreational drones have violated restricted airspace over Washington, DC in recent months  —  Hundreds of Chinese-manufactured drones have been detected in restricted airspace over Washington, D.C., in recent months …

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Amazon’s already greenlit an FTX miniseries

Sam Bankman-Fried speaking at an IIF Annual Membership Meeting. | Getty Though the real world impacts of FTX’s spectacular crash have yet to fully settle, Amazon’s reportedly moving forward with a miniseries about the bankrupt crypto exchange and its infamous former CEO Sam Bankman-Fried. Anthony and Joe Russo’s AGBO production company is attached to produce

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A San Francisco Police Department draft policy allowing police to apply lethal force using robots faces criticism from advocates opposing police militarization (Will Jarrett/Mission Local)

Will Jarrett / Mission Local: A San Francisco Police Department draft policy allowing police to apply lethal force using robots faces criticism from advocates opposing police militarization  —  “This is not normal.  No legal professional or ordinary resident should carry on as if it is normal.”

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Tidy POV Display Using The ESP32

Chinese Youtuber [corebb] presents the second version of his POV display. The earlier version used 5050-sized SMT addressable LEDs, which didn’t give great resolution, so he rev’d the design to use a much higher number (160 to be exact) of APA102 LEDs. These are 2mm on the side, making them a little more difficult to handle, so

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Sources: the FTC is likely to file an antitrust lawsuit to block Microsoft’s $69B Activision Blizzard deal; FTC staff are skeptical of the companies’ arguments (Josh Sisco/Politico)

Josh Sisco / Politico: Sources: the FTC is likely to file an antitrust lawsuit to block Microsoft’s $69B Activision Blizzard deal; FTC staff are skeptical of the companies’ arguments  —  A lawsuit would be the FTC’s biggest merger challenge to date under Chair Lina Khan.  —  The Federal Trade Commission is likely …

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Google blocklisted two Chrome “SearchBlox” extensions with 200K+ installs, after discovery of a backdoor that can be used to steal Roblox credentials and assets (Ax Sharma/BleepingComputer)

Ax Sharma / BleepingComputer: Google blocklisted two Chrome “SearchBlox” extensions with 200K+ installs, after discovery of a backdoor that can be used to steal Roblox credentials and assets  —  Chrome browser extension ‘SearchBlox’ installed by more than 200,000 users has been discovered to contain a backdoor …

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