🎢 Binance to Buy FTX in Megadeal of Crypto Exchanges

Today’s pick

Binance to Buy FTX in Megadeal of Crypto Exchanges. The cryptocurrency world was rocked on Tuesday as one of the largest exchanges for digital currencies, seemingly on the verge of collapse, was bailed out by a major rival in a deal that underlined the perils of the industry’s volatility. (David Yaffe-Bellany / The New York Times)

David Yaffe-Bellany @yaffebellany

"I fucked up," Sam Bankman-Fried wrote in a note to staff. "I'm sorry." A crazy day in crypto:

nytimes.comCrypto World Is Rocked as World’s Largest Exchange Rescues RivalBinance, the world’s largest cryptocurrency exchange, said it had reached a deal to buy FTX, amid fears the industry could enter another meltdown.

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Twitter's solution for ruining verification is another checkmark. Twitter is rolling out another type of checkmark to help distinguish accounts that users actually need to know are real. Although you can pay for a blue checkmark with the new version of Twitter Blue, select accounts for governments, companies, or… (Jay Peters via The Verge)

Eva @evacide

Twitter's speedrun of the content moderation process continues at a breakneck pace. They have reinvented the verification checkmark. This time it's grey.

The Verge @verge

Twitter’s solution for ruining verification is another checkmark https://t.co/ENxjxng6jL https://t.co/XyYhvQhL9i

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Apple Tracks You Even With Its Own Privacy Protections on, Study Says. For all of Apple's talk about how private your iPhone is, the company vacuums up a lot of data about you. iPhones do have a privacy setting that is supposed to turn off that tracking. According to a new report by independent researchers, though… (Thomas Germain / Gizmodo)

Whitney Merrill @wbm312

Apple, do better.

gizmodo.comApple Tracks You Even With Its Own Privacy Protections on, Study SaysAn independent test suggests Apple collects data about you and your phone when its own settings promise to “disable the sharing of Device Analytics altogether.”

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Inside Meta's Oversight Board: 2 Years of Pushing Limits. On the morning of Thursday, June 30, 2022, two large luxury buses pulled up to a grand hotel in Menlo Park, California. Milling on the driveway were the members, staffers, and trustees of the Oversight Board. Set up two years ago by Facebook, now… (Steven Levy / WIRED)

Steven Levy @StevenLevy

I spent months reporting on the @OversightBoard Meta set up to second-guess it. The board actually wants to fundamentally change not just Meta but the boundaries of social media discourse overall. Anyway, read it here.

wired.comInside Meta’s Oversight Board: 2 Years of Pushing LimitsMark Zuckerberg set up the panel to investigate how his company handles controversial posts. Now its members want to transform how social platforms work.

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The lawsuit that could rewrite the rules of AI copyright. Microsoft, its subsidiary GitHub, and its business partner OpenAI have been targeted in a proposed class action lawsuit alleging that the companies' creation of AI-powered coding assistant GitHub Copilot relies on “software piracy on an… (James Vincent / The Verge)

James Vincent @jjvincent

Last Friday, Microsoft, GitHub and OpenAI were named in a proposed class action lawsuit for scraping public data to train AI. The case is early stages, but has the potential to massively reshape the generative AI scene. I spoke to the lawyers behind it:

theverge.comThe lawsuit that could rewrite the rules of AI copyrightMicrosoft, GitHub, and OpenAI are being sued for allegedly violating copyright law by reproducing open-source code using AI. But the suit could have a huge impact on the wider world of artificial intelligence.

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