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Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021; the company slashed its valuation every quarter in 2022 (Erin Woo/The Information)

Erin Woo / The Information : Sources: Instacart cuts its internal valuation to ~$10B, down ~75% from $39B in March 2021; the company slashed its valuation every quarter in 2022   —  Instacart, the grocery delivery startup that bankers expect will list its shares publicly next year, has cut its internal valuation to around $10 billion … from Techmeme https://ift.tt/4wobZRK via IFTTT
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Filings: the US arrested and charged a man with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets (Jonathan Stempel/Reuters)

Jonathan Stempel / Reuters : Filings: the US arrested and charged a man with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets   —  U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal … source http://www.techmeme.com/221227/p17#a221227p17
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Filings: the US arrested and charged a man with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets (Jonathan Stempel/Reuters)

Jonathan Stempel / Reuters : Filings: the US arrested and charged a man with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets   —  U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal … from Techmeme https://ift.tt/DInpRvm via IFTTT
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Social media shadowbanning is real and tech firms should be more transparent about it; survey: ~1 in 10 US social media users think they've been shadowbanned (Geoffrey A. Fowler/Washington Post)

Geoffrey A. Fowler / Washington Post : Social media shadowbanning is real and tech firms should be more transparent about it; survey: ~1 in 10 US social media users think they've been shadowbanned   —  Social media companies all decide which users' posts to amplify — and reduce.  Here's how we get them to come clean about it. source http://www.techmeme.com/221227/p16#a221227p16
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Source: the DOJ launches a criminal investigation into $370M+ in assets stolen from FTX as the exchange collapsed, separate from its fraud case against SBF (Ava Benny-Morrison/Bloomberg)

Ava Benny-Morrison / Bloomberg : Source: the DOJ launches a criminal investigation into $370M+ in assets stolen from FTX as the exchange collapsed, separate from its fraud case against SBF   —  Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours … source http://www.techmeme.com/221227/p15#a221227p15
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Source: the DOJ launches a criminal investigation into $370M+ in assets stolen from FTX as the exchange collapsed, separate from its fraud case against SBF (Ava Benny-Morrison/Bloomberg)

Ava Benny-Morrison / Bloomberg : Source: the DOJ launches a criminal investigation into $370M+ in assets stolen from FTX as the exchange collapsed, separate from its fraud case against SBF   —  Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million out of FTX just hours … from Techmeme https://ift.tt/auyfxkL via IFTTT
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Experts say Hua Hong, China's second-largest chip foundry, is barely affected by US sanctions and its focus on older chips could make it Beijing's new favorite (Qianer Liu/Financial Times)

Qianer Liu / Financial Times : Experts say Hua Hong, China's second-largest chip foundry, is barely affected by US sanctions and its focus on older chips could make it Beijing's new favorite   —  US restrictions on advanced tech help foundry benefit from Beijing's shifting view of the semiconductor supply chain source http://www.techmeme.com/221226/p12#a221226p12
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