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November 8, 2022, 6:00 PM
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Mediagazer
memeorandum
WeSmirchTop News
| Changpeng Zhao / @cz_binance: |
Binance CEO Changpeng Zhao says the company signed a non-binding letter of intent to acquire FTX.com and help cover its liquidity crunch, pending due diligence — This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
More:
coinbase.com, New York Times, Financial Times, Bloomberg, Semafor, Decrypt, The Block, The Information, CoinDesk, Blockworks, The Block, Ed Zitron's Where's Your Ed At, Barron's Online, Crunchbase News, TechCrunch, TheStreet, Bloomberg, CNBC, BetaKit, VentureBeat, Forbes, PYMNTS.com, Wall Street Journal, Neowin, Engadget, Quartz, The Guardian, SiliconANGLE, The Verge, Crypto Briefing, CryptoSlate, CryptoGlobe, Tech Monitor, NewsBTC, Finbold, Fortune, Politico, Cointelegraph, TIME, Dexerto, Forbes, Crypto Daily, Finextra, Bitcoin News, ZyCrypto, CoinGape, Axios, Ethereum World News, and Trustnodes
Tweets: @cz_binance, @cz_binance, @shaanvp, @ericnewcomer, @sbf_ftx, @sbf_ftx, @thestalwart, @wassielawyer, @fintwit_news, @danprimack, @sbf_ftx, @lizrhoffman, @arthur_0x, @robinwigg, @ftx_official, @chrisfralic, @hsakatrades, @danprimack, @sbf_ftx, @lizrhoffman, @tuurdemeester, @julianhosp, @otteroooo, @sbf_ftx, @robinwigg, @carnage4life, @haralabob, @foldablehuman, @cryptohayes, @hodlkryptonite, @lizrhoffman, @algodtrading, @spreekaway, @marketsmeowmeow, @hodlkryptonite, @cobie, @cobie, @tier10k, @autismcapital, @evan_lorenz, @stackhodler, @elliotrades, @asvanevik, @cryptoharry_, @bondhack, @coffeebreak_yt, @odell, @lex_node, @stoolpresidente, @matthewstoller, @bongcapital, @biancoresearch, @arpitrage, @matthewstoller, @peter_tl, @fintechfrank, @byzgeneral, @paul_griffiths, @shaanvp, @buccocapital, @cobie, @tomgara, @tracyalloway, @iamdcinvestor, @cryptodonalt, @tensaicapital, and @cz_binance
| Angus Berwick / Reuters: |
In a message to staff, FTX CEO Sam Bankman-Fried says withdrawals on FTX.com are “effectively paused” after FTX saw ~$6B of net withdrawals in 72 hours — Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message …
More:
CoinDesk, VICE, CNBC, The Information, Bitcoin News, The Block, Cointelegraph, TechCrunch, Bloomberg, SiliconANGLE, Crypto Daily, and CNBC
Tweets: @cz_binance, @sbf_ftx, @blockanalia, @dogetoshi, @tier10k, @firstadopter, @cryptomanran, @felixsalmon, @scopeprotocol, @crypto_bitlord7, @punk9059, @mattzeitlin, @ahcastor, @dogetoshi, @moonoverlord, @sss4321_s, @alex_kirshner, @tedtalksmacro, @silvermanjacob, @thecryptodaddi, and @emilyjnicolle
| Sam Reynolds / CoinDesk: |
FTX's FTT token drops below $5, down ~80% in the past 24 hours, as crypto investors fear possible contagion from the collapse of FTX-linked Alameda Research — The FTT price has declined nearly 14% over the past 24 hours, with Solana's SOL and Serum's SRM taking losses along with bigger cryptocurrencies like bitcoin and ether.
More:
The Information, BitDAO, Bloomberg, Blockworks, TheStreet, The Block, Amy Castor, Cointelegraph, CoinDesk, The Daily Hodl, Trustnodes, CoinDesk, and The Block
Tweets: @cz_binance, @benbybit, @starokg, @carolinecapital, @cryptomanran, @sbf_ftx, @vetlelunde, @alex_valaitis, @milesdeutscher, @lookonchain, @cz_binance, @mdudas, @claritytoast, @wublockchain, @wublockchain, @asemota, @sheldon_sniper, @dogetoshi, @garyblack00, @emperorbtc, @mikeburgersburg, @milesdeutscher, @thecryptolark, @fintechfrank, @inmortalcrypto, @algodtrading, @bull_bnb, @wizardofsoho, @kacjons, @cryptodonalt, @enjoyoor, @0xboccaccio, @cobie, @cumberlandsays, and @mayazi
| Daniel Kuhn / CoinDesk: |
More:
Blockworks, The Block, Decrypt, Finbold, Bloomberg, Gizmodo, NewsBTC, TheStreet, Forbes, Observer, CryptoPotato, Financial Times, and CryptoSlate. Tweets: @silvermanjacob
| Stephanie Bodoni / Bloomberg: |
The European Commission opens an in-depth investigation into Microsoft's proposed $69B Activision Blizzard acquisition and sets a March 23 decision deadline — Microsoft Corp.'s proposed $69 billion takeover of games developer Activision Blizzard Inc. faces an in-depth European Union probe …
More:
European Commission, Reuters, CNN, Washington Post, The Information, GamesIndustry.biz, Thurrott, Game Developer, Windows Central, Associated Press, BigTechWire, Game Rant, Engadget, TheGamer, Twinfinite, Neowin, The Verge, City A.M., Wall Street Journal, Sports Business Journal, TechCrunch, OnMSFT.com, and FOSS Patents
| Casey Newton / Platformer: |
Sources: Elon Musk pitched charging most or all Twitter users for a subscription; internal estimates show Blue could lose the company ~$6/user/month in the US — Will he go through with it? PLUS: Botched layoffs, how the new Blue could lose money, and more| Thomas Germain / Gizmodo: |
Research suggests Apple collects data about iPhone usage even when the iPhone Analytics setting to “disable the sharing of Device Analytics altogether” is off — For all of Apple's talk about how private your iPhone is, the company vacuums up a lot of data about you. iPhones … | Jon Keegan / The Markup: |
A look at data brokers selling “comprehensive” profiles of potential voters to campaigns, including phone geolocation data gleaned from real-time auctions — Before you got in line on Election Day, the emerging and largely unregulated political tracking industry was able to trace your movements| Mark Gurman / Bloomberg: |
Sources: turnover has hindered Apple's search for a new head of product design, leaving few obvious candidates for a department still in Jony Ive's shadow — Turnover at Apple Inc. has hindered efforts to replace the head of product design, leaving a gaping hole at the helm of a prominent team that's … | Financial Times: |
Analysis: corporate diplomacy in China let Apple evade the tech crackdown and profit more than local tech giants, but exposes the company to supply chain shocks — The most profitable tech company operating in China is not a homegrown internet giant such as Alibaba or Tencent, but California-based Apple.| Kollen Post / The Block: |
The SEC wins its lawsuit arguing that decentralized publishing platform LBRY's token is subject to regulatory oversight, in a blow to crypto token issuance — - A New Hampshire district court has ruled against decentralized publishing platform LBRY in a legal battle with the SEC.
More:
CoinDesk, SEC.gov, Reuters, Reuters, FX Empire, U.Today, and Coinpedia Fintech News
Tweets: @attorneyjeremy1, @lex_node, @johnedeaton1, @lbrycom, @lbrycom, @bitboy_crypto, @dizer_ym, @belisarius2020, @lex_node, @jeremykauffman, and @drnicka
| Wall Street Journal: |
Sources: Mark Zuckerberg told Meta staff that layoffs begin on November 9, he is accountable for missteps, and his overoptimism about growth led to overstaffing — Meta Platforms Inc. will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday.
More:
The Information, The Block, and Reuters
Tweets: @sal19, @jeffhorwitz, @kantrowitz, @jeffhorwitz, @jeffhorwitz, @jeffhorwitz, and @jeffhorwitz
| Takashi Mochizuki / Bloomberg: |
Nintendo reports Q2 operating profit of ~$809M, up from ~$685M YoY, thanks to a weakened yen, and cuts its fiscal year Switch sales forecast by 10% to 19M — Nintendo Co. cut its fiscal-year forecast for Switch console sales by 10% to 19 million after reporting earnings in line with expectations.
More:
Nintendo Investor Relations, The Verge, IGN, MobileSyrup, and Appuals.com
Tweets: @6d6f636869, @6d6f636869, @6d6f636869, and @andresegers
| Umar Shakir / The Verge: |
Zoom releases Mail and Calendar clients in beta as part of its Zoom One interface, announces an AI-powered Zoom Virtual Agent chatbot coming in 2023, and more — Available as a beta release, the Outlook-like Mail and Calendar will slot neatly into the company's new unified Zoom …
More:
Zoom Blog, SiliconANGLE, PCWorld, PYMNTS.com, Thurrott, eWeek, Computerworld, Engadget, Neowin, BGR, Digital Trends, 9to5Mac, and Bloomberg
| Ryan Mac / New York Times: |
As Twitter's problems mount, Elon Musk is tweeting 25+ times per day in November, up from ~13 times per day in April 2022 — The new owner of Twitter has embarked on a tweeting spree to push back, spar and justify his actions. — Ryan Mac, who is based in Los Angeles, writes about accountability in the technology industry.| Andrew J. Hawkins / The Verge: |
Google and Renault announce plans to build a “software-defined vehicle” on Android Automotive; Renault picks Google Cloud as its “preferred cloud provider” — This “software-defined vehicle” will be built on Google's Android Automotive operating system and send data …
More:
Google Inc., Android Police, ZDNet, SiliconANGLE, Bloomberg, Gizchina, Observer, and T3
| Kollen Post / The Block: |
The US Treasury's Office of Foreign Asset Control adds a designation to Tornado Cash that ties the crypto mixer to North Korea's nuclear weapons program — - The Treasury has re-designated Tornado Cash, tying the decentralized crypto mixer to North Korea's nuclear weapons program.| Lauren Forristal / TechCrunch: |
Disney hit 235.7M global streaming subscribers in its Q4, above Netflix's 223.1M in its Q3; Disney+ had 164.2M subscribers, Hulu had 47.2M, and ESPN+ had 24.3M — Disney reported results for the final quarter of its 2022 fiscal year today, revealing a total of 164.2 million Disney+ global subscribers …
More:
The Information, The Walt Disney Company, Deadline, IGN, Reuters, Variety, GameSpot, Decider, and The Streamable
Tweets: @sarafischer and @jschwarz9
| Jay Peters / The Verge: |
Twitter plans to label select accounts “Official” when the new Blue launches; not all previously verified accounts will get the label, which won't be for sale — Twitter is rolling out another type of checkmark to help distinguish accounts that users actually need to know are real.| Richard Lawler / The Verge: |
More:
The Atlantic, Slate, Wired, Forbes, Mashable, TechCrunch, New York Times, and Bloomberg
Tweets: @yoyoel, @elonmusk, @elonmusk, @pleasebegneiss, @davidsacks, @chadloder, and @seldo
| Steven Levy / Wired: |
Meta's Oversight Board after two years and nearly 2M appeals: $150M in funding through 2025, 28 rulings, and 119 recommendations, as it wins over some critics — Mark Zuckerberg set up the panel to investigate how his company handles controversial posts. Now its members want to transform how social platforms work.
Tweets: @stevenlevy
| Divya Balji / Bloomberg: |
Coinbase's stock closes down 10.78% and Robinhood Markets closes down 19.04% as the Binance-FTX deal spotlights the challenges facing the $1T crypto industry — Robinhood Markets Inc. tumbled by the most in more than a year after Binance Holdings Ltd. agreed to acquire Sam Bankman-Fried's …
More:
The Block, CoinDesk, and Trustnodes
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