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Crypto created a toy financial system and had a toy financial crisis; in order to work in the long run, crypto must prove its real usefulness outside of finance (Matt Levine/Bloomberg)

Matt Levine / Bloomberg: Crypto created a toy financial system and had a toy financial crisis; in order to work in the long run, crypto must prove its real usefulness outside of finance — On Oct. 25, Bloomberg Businessweek published “The Crypto Story,” a cover-to-cover issue of the magazine that I wrote about what crypto is and what it all might mean. http://www.techmeme.com/221230/p9?utm_source=dlvr.it&utm_medium=blogger#a221230p9

Accounting software maker Sage threatens to turn off UK customers' single-payment licenses on security grounds, forcing them to buy costly monthly subscriptions (Ian Johnston/Financial Times)

Ian Johnston / Financial Times: Accounting software maker Sage threatens to turn off UK customers' single-payment licenses on security grounds, forcing them to buy costly monthly subscriptions — FTSE 100 group has forced small UK businesses using its accounting services to adopt costly new monthly packages http://www.techmeme.com/221230/p8?utm_source=dlvr.it&utm_medium=blogger#a221230p8

After a hacker demanded $200K to delete data on 400M+ Twitter accounts, Ireland's DPC plans to investigate the "security issue"; Twitter hasn't issued a comment (Chris Vallance/BBC)

Chris Vallance / BBC: After a hacker demanded $200K to delete data on 400M+ Twitter accounts, Ireland's DPC plans to investigate the “security issue”; Twitter hasn't issued a comment — A watchdog is to investigate Twitter after a hacker claimed to have private details linked to more than 400 million accounts. http://www.techmeme.com/221229/p19?utm_source=dlvr.it&utm_medium=blogger#a221229p19

CCS Insight: global shipments of VR and AR devices fell 12%+ YoY to 9.6M in 2022; NPD: US annual sales of VR headsets fell 2% YoY to $1.1B as of early December (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC: CCS Insight: global shipments of VR and AR devices fell 12%+ YoY to 9.6M in 2022; NPD: US annual sales of VR headsets fell 2% YoY to $1.1B as of early December — - Sales of virtual reality headsets in the U.S. declined 2% year over year to $1.1 billion as of early December, according to NPD Group. http://www.techmeme.com/221228/p20?utm_source=dlvr.it&utm_medium=blogger#a221228p20

Shadowbanning is real and social media sites should be more transparent about it; survey: nearly 1 in 10 US social media users think they've been shadowbanned (Geoffrey A. Fowler/Washington Post)

Geoffrey A. Fowler / Washington Post: Shadowbanning is real and social media sites should be more transparent about it; survey: nearly 1 in 10 US social media users think they've been shadowbanned — Elon Musk is right: Social media should tell you when you're shadowbanned — Art teacher Jennifer Bloomer has used Instagram … http://www.techmeme.com/221227/p16?utm_source=dlvr.it&utm_medium=blogger#a221227p16

Source: Magic Leap raised $450M in 2022, across $150M in equity and $300M in debt, giving Saudi Arabia's sovereign wealth fund majority control of the company (Matthew Field/Telegraph)

Matthew Field / Telegraph: Source: Magic Leap raised $450M in 2022, across $150M in equity and $300M in debt, giving Saudi Arabia's sovereign wealth fund majority control of the company — Saudi Arabia has taken control of US augmented reality company Magic Leap, The Telegraph can reveal, as the company taps up investors for a further $450m. http://www.techmeme.com/221226/p7?utm_source=dlvr.it&utm_medium=blogger#a221226p7

Stack Overflow's 2022 Developer Survey shows ~40% use a Linux-based system, up from ~25% in 2021 and ~23% in 2018, compared to ~62% for Windows and ~31% for Mac (Justin Garrison/Justin Garrison)

Justin Garrison / Justin Garrison: Stack Overflow's 2022 Developer Survey shows ~40% use a Linux-based system, up from ~25% in 2021 and ~23% in 2018, compared to ~62% for Windows and ~31% for Mac — Thanks to the 2022 StackOverflow developer survey we can finally say 2022 was the year of Linux on the Desktop! http://www.techmeme.com/221226/p5?utm_source=dlvr.it&utm_medium=blogger#a221226p5