| Washington Post: |
Elon Musk emails Twitter employees an ultimatum: commit to a new “hardcore” Twitter by 5pm ET on November 17 or leave with three months severance — It comes as Musk's first major feature, Twitter Blue Verified, was halted while the company probes issues that arose from its launch.| Casey Newton / @caseynewton: |
| Reuters: |
A look at FTX and Alameda's financials, including showing investors balance sheets with some of the same assets, despite claiming they operated independently — As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sam Bankman-Fried worked … | Wall Street Journal: |
Former employees detail the chaos after FTX's collapse: mass resignations, learning news from Twitter and the media, equity compensation evaporating, and more — Many say they learned of crypto exchange's deteriorating situation through media and lost access to their funds — How FTX Went Bankrupt: What Went Wrong| Milky Eggs: |
Everything we know about FTX's collapse: losses likely exceed $15B, trades became increasingly risky, SBF was erratic, rash, and relied on stimulants, and more — If you want to read a poorly researched fluff piece about Sam Bankman-Fried, feel free to go to the New York Times (PDF).| Sidhartha Shukla / Bloomberg: |
A wallet tied to the FTX hack swapped ~$49M of stablecoins for ether on November 15, increasing its haul to 228,523 ETH, or the 35th largest stash of the coin — The hacker who raided Sam Bankman-Fried's collapsed crypto exchange FTX is now one of the world's biggest holders of the token Ether.| Nelson Wang / CoinDesk: |
Genesis' crypto lending unit, which had $2.8B in Q3 2022 active loans, halts redemptions and new loan originations; trading and custody services are unaffected — The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.| Oliver Knight / CoinDesk: |
Audit by JS Held: Terraform Labs and Luna Foundation Guard tried to defend the UST stablecoin in May 2022 by spending $613M and $2.8B in crypto, respectively — Terraform Labs founder Do Kwon dismissed similarities with the collapse of FTX. — Luna Foundation Guard (LFG) … | Stephanie Condon / ZDNet: |
Nvidia and Microsoft sign a multiyear deal to build an AI supercomputer in the cloud, making Azure the first public cloud to incorporate Nvidia's full AI stack — Nvidia and Microsoft announced Wednesday a multi-year collaboration to build an AI supercomputer in the cloud, adding tens of thousands of Nvidia GPUs to Microsoft Azure.| CNBC: |
Despite Crypto.com CEO Kris Marszalek's assurances, customers worry about the exchange's solvency; Crypto.com's CRO token has fallen nearly 40% in the past week — - Crypto.com CEO Kris Marszalek has taken to Twitter, YouTube and the airwaves to try to reassure customers that their deposits … | Jess Weatherbed / The Verge: |
DuckDuckGo launches App Tracking Protection in public beta on Android to block third-party trackers within apps, after launching a limited beta in November 2021 — DuckDuckGo's App Tracking Protection is now available for public beta testing on all Android devices after launching in a limited beta almost one year ago.| Colin Wilhelm / The Block: |
The US House Financial Services Committee plans to hold a hearing in December on FTX's collapse and invites Sam Bankman-Fried, Alameda, Binance, and others — - The House Financial Services Committee will hold a hearing on FTX in December. — In a joint statement announcing the hearing … | Jay Peters / The Verge: |
Elon Musk says the new Twitter Blue will relaunch on November 29 “to make sure that it is rock solid”, after pausing signups due to many fake verified accounts — Elon Musk says the new Twitter Blue, which lets you pay $7.99 per month for a blue verification check mark next to your name, will relaunch on November 29th.| Jess Weatherbed / The Verge: |
DoorDash expands its SafeDash in-app delivery worker safety toolkit with automated SafeChat, improved reporting, real-time alerts, and porch light reminders — DoorDash has expanded its safety toolkit, rolling out new features that will automatically check in with delivery workers … | Mike Truppa / The Block: |
Matter Labs, which develops the Ethereum scaling protocol zkSync, raised a $200M Series C led by Blockchain Capital and Dragonfly, bringing its funding to $458M — - Matter Labs has raised $200 million in a Series C round led by Blockchain Capital and Dragonfly.| Mia Sato / The Verge: |
Linktree announces Payment Lock, which lets creators on its paid plans add a paywall and charge up to $150 for access to premium content, using PayPal or Square — Linktree, a popular tool used to link out to additional social channels and websites, is adding a way for users to monetize the content they share on their page.| Mark Gurman / Bloomberg: |
Internal meeting: Tim Cook told German engineering and retail staff that Apple plans to start sourcing chips from a plant under construction in Arizona in 2024 — Apple Inc. is preparing to begin sourcing chips for its devices from a plant under construction in Arizona … | Claire Woodcock / VICE: |
Some public libraries in the US and Canada are using open-source software MUSICat to offer their own music streaming services and boost their local music scenes — It's not Spotify, but some cities now host music platforms with their own local flavor. — Claire Woodcock| Max Chafkin / Bloomberg: |
A look at Alphabet X's Mineral project to build unmanned rovers with sensors and cameras for collecting data that helps agricultural companies improve yields — When Deb Menicos walks a strawberry field, she doesn't just look at the berries. Menicos, who holds a Ph.D. in plant breeding … | Will Feuer / Wall Street Journal: |
Citing a weakened market, Micron says wafer production for DRAM and NAND memory chips will be down about 20% over the past quarter; Micron's stock falls 5%+ — Company cites market conditions for softening demand — Micron MU -5.04%decrease; red down pointing triangle Technology Inc … | Nikhil Patwardhan / Moneycontrol: |
Simplilearn, which offers upskilling courses, bootcamps, and certifications, raised $45M led by GSV Ventures; Blackstone acquired a $250M majority stake in 2021 — The higher learning edtech platform will use the funds to boost its growth plans in India and international markets| Politico: |
German, French, and Norwegian data authorities warn against Qatar's World Cup app Hayya and infection-tracking app Ehteraz, citing privacy and security concerns — Two World Cup apps pose serious privacy and security risks, European privacy regulators say.
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