| Casey Newton / @caseynewton: |
Sources: Twitter has eliminated ~4,400 of its ~5,500 contract staff, with cuts expected to significantly impact content moderation and the core infrastructure — Update: company sources tell me that yesterday Twitter eliminated ~4,400 of its ~5,500 contract employees, with cuts expected to have significant impact to content moderation and the core infrastructure services that keep the site up and running. People inside are stunned.| Molly White / Web3 is going just great: |
| Nikhilesh De / CoinDesk: |
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement — FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request. — Crypto exchange FTX was not required … | Financial Times: |
FTX's balance sheet shows $900M in liquid assets the day before bankruptcy, including $470M in Robinhood shares owned by an SBF entity not in bankruptcy filings — Vast gap highlights the dire state of Sam Bankman-Fried's exchange before it collapsed into bankruptcy| CoinDesk: |
| Bradley Saacks / Semafor: |
| Bloomberg: |
A profile of Unity CEO John Riccitiello, as he faces criticism for the company's targeted ads, his metaverse ambitions, years of dating the head of HR, and more — John Riccitiello was on top of the metaverse. Last November the chief executive officer of Unity Software Inc. spilled the news … | Gerrit De Vynck / Washington Post: |
A profile of Dan O'Dowd, who made a fortune with his embedded systems OS company and is now obsessed with exposing Tesla's FSD beta as incomplete and unsafe — SANTA BARBARA, Calif. — When Dan O'Dowd had his midlife crisis, he bought two near-identical Tesla Roadsters, the first model the electric carmaker ever produced.| Shaurya Malwa / CoinDesk: |
Binance and Huobi block deposits of FTX's native token, FTT, after 192M+ tokens worth ~$400M were released out of schedule and without warning from FTX — The tokens were released out of schedule from FTT's main deployer address, with no official explanation.| Adrienne LaFrance / The Atlantic: |
Elon Musk is failing to convince people that Twitter is a town square, telling users what they can and can't say for a laugh and charging $8 for the privilege — Recently, comedy clubs have begun doing this thing that seemed, when I first encountered it, both wildly hypocritical and more than a little sad.| Aisha Malik / TechCrunch: |
YouTube introduces a Live Q&A feature designed to make it easier for creators to select and manage viewers' chat questions during livestreams — YouTube is introducing a new “Live Q&A” feature that is designed to make it easier for creators to interact with viewers during livestreams.| Richard Waters / Financial Times: |
Factors like a demand drop and a manufacturing capacity jump led to a sharp chip cycle downturn, which some suggest means a bottom in the market may be near — Growing number of companies have issued weak sales and profit projections — If Wall Street had any doubts about the speed … | Financial Times: |
A profile of Changpeng Zhao, as sources describe a divisive entrepreneur on a relentless drive to grow at all costs, including by ignoring regulatory compliance — The Binance founder's actions left Sam Bankman-Fried's FTX filing for bankruptcy — On Tuesday afternoon Changpeng Zhao … | Fred Pennic / HIT Consultant: |
Fathom, an AI-powered medical coding automation service, raised a $46M Series B led by Alkeon Capital and Lightspeed, bringing its total funding to $61M — What You Should Know: — Fathom, an AI-powered medical coding automation platform raises $46M in Series B funding co-led …
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