Techmeme
November 14, 2022, 5:55 AM

Top News

Casey Newton / @caseynewton:
Sources: Twitter cut ~4,400 of its ~5,500 contract staff on November 12, which is expected to significantly impact content moderation and 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.
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:
Bradley Saacks / Semafor:
CoinDesk:
More: Decrypt, Neowin, CoinDesk, The Playback …, CryptoSlate, Elliptic Connect, Watcher Guru, Off Beat, crypto.news, Low Risk Rules, Inside Bitcoins, SlashGear, Cryptopolitan, The Topic.Ai, Finbold, Coinpedia Fintech News, The Verge, New York Times, and Security Affairs
Tweets: @_ryne_miller, @jump_, @c7five, @_ryne_miller, @elonmusk, @0xfoobar, @willmacaskill, @stephen_geiger, @meghankreynolds, @concodanomics, @elonmusk, @zachxbt, @robdenbleyker, @bgurley, @zachxbt, @devchart, @autismcapital, @phil_lewis_, @vydamo_, @rezendi, @marquardtglobal, @yoda, @johnlevenstein, @adam_k_levin, @hackenclub, @alex, @0xtre, @levie, @zachxbt, @autismcapital, @levie, @dsquareddigest, @edzitron, @vitalikbuterin, @joshtpm, @milkroaddaily, @mudit__gupta, @grdecter, @spreekaway, @dogetoshi, @im_goomba, @wublockchain, @wallstreetsilv, @cryptoub, @grady_booch, @edvis100, @autismcapital, @caseynewton, @davidmweissman, @kuroxlb, @carnage4life, @rmac18, @0xfoobar, @matthew_d_green, @cd_hooks, @asanwal, @0xfoobar, @alexhern, @lookonchain, @cz_binance, @profjeffjarviss, @harryh, @jchervinsky, @menlobear, @dollarsanddata, @travisyost, @mattballen4791, @edzitron, @milesjennings, @weldpond, @ericjackson, @grdecter, @mathewi, @cgasparino, @gergelyorosz, @ashleevance, @jordanschachtel, @cryptodonalt, @justinbennettfx, @ericliptonnyt, @buccocapital, @route2fi, @autismcapital, @7im, @modestproposal1, @davidgokhshtein, @hunterwalk, @teroterotero, @rmac18, @cloud_opinion, @autismcapital, @gordongoner, @zachweinberg, @profjeffjarviss, @wublockchain, @scupytrooples, @gergelyorosz, @carnage4life, @fintechfrank, @erikvoorhees, @marionawfal, @litcapital, @ki_young_ju, @jason, @coinbureau, @nekoztek, @0xfoobar, @conejocapital, @zachxbt, @bantg, @marionawfal, @dylanleclair_, @dmitryopines, @iamdcinvestor, @functi0nzer0, @adamscochran, @mhonkasalo, @autismcapital, @noahpinion, @adamscochran, @219_eth, @cryptovinco, @0xwave, @tradermayne, @crypto_chase, @adamscochran, @iamnoahmiller, @themlpx, @tradermayne, @thedata_nerd, @219_eth, @abu9ala7, @tradermayne, @0xfbifemboy, @davidfbailey, @octal, @valueandtime, @whale_alert, @sassal0x, @jillrgunter, @josephpolitano, @asvanevik, @srpeterseth, @coinmamba, @ryansadams, @msuiche, @mrjasonchoi, @route2fi, @jonwu_, and @minigrogu
Richard Rushfield / The Ankler:
Source: Michael Lewis shadowed Sam Bankman-Fried for the past six months and CAA is pitching Lewis' yet-to-be-written book on FTX's collapse to Hollywood buyers  —  Author compares Sam Bankman-Fried, Binance's CZ to ‘Luke Skywalker and Darth Vader’ in email sent by CAA  —  In this issue:
Sam Reynolds / CoinDesk:
Binance announces a recovery fund to help “otherwise strong” projects facing a liquidity crisis; Justin Sun says Tron, Huobi, and Poloniex will support Binance  —  Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative.
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.
Molly White / Web3 is going just great:
Crypto.com CEO Kris Marszalek admits the company accidentally sent 320K ETH (~$416M) meant for cold storage to crypto exchange Gate.io, which returned the funds  —  A Twitter user posted Etherscan screenshots showing a massive flow of crypto from the Crypto.com cryptocurrency exchange to another exchange, Gate.io.
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 …
Lora Kolodny / CNBC:
Sources and docs: Elon Musk's SpaceX orders a large Twitter ad package, promoting Starlink in a “takeover” in Spain and Australia that can cost $250K+ per day  —  - Elon Musk's aerospace business SpaceX just ordered one of the larger advertising packages available from Twitter …
Benj Edwards / Ars Technica:
DeviantArt announces DreamUp, a text-to-image generator based on Stable Diffusion, drawing intense criticism from its artist community  —  Confused artists discover their work will be used for AI training by default.  —  On Friday, the online art community DeviantArt announced DreamUp …
Aisha S Gani / Bloomberg:
Seeking to diversify its revenue streams, Klarna launches a price comparison tool in the US, UK, and Nordics; Klarna acquired PriceRunner for ~$125M in 2022  —  Klarna has rolled out a search and compare tool in the UK and Nordics as the fintech looks to diversify its revenue away from buy-now …

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
Say hello to Zia Answer Bot: Your organization's knowledge, on-demand in every Zoho Lens session.  —  Imagine your technician is halfway through a live remote assistance session.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Access:
The billionaire paying AI researchers to stay out of Big Tech
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Nick, Dick and Paul Show:
The Race to the Middle
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Great Chat:
After you ring the bell
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
AI Fact or Fiction: The Fable Ban, Tokenmaxxing, Saaspocolypse — With Ara Kharazian
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
'Hard Fork' Live Part 2: Dylan Field on Standing Out in the A.I. Era
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:55 AM ET, November 14, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Adrienne LaFrance / The Atlantic:

Earlier Picks