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November 17, 2022, 8:35 AM
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WeSmirchTop News
| Kelsey Piper / Vox: |
A chat via DM with SBF on why regulators “make everything worse”, FTX and Alameda's “messy accounting”, why he regrets filing for bankruptcy, ethics, and more — The fallen crypto CEO on what went wrong, why he did what he did, and what lies he told along the way.
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TheStreet, PYMNTS.com, Financial Times, Insider, Reuters, City A.M., New York Times, Semafor, CoinGape, Forbes, Cointelegraph, Bloomberg, and dot.LA
Tweets: @davidsacks, @ftx_official, @sbf_ftx, @kelseytuoc, @ftx_official, @sbf_ftx, @sbf_ftx, @elonmusk, @sbf_ftx, @krugermacro, @autismcapital, @unusual_whales, @s_r_constantin, @zackbeauchamp, @hsakatrades, @autismcapital, @sbf_ftx, @albrgr, @quantian1, @kadhim, @dylanleclair_, @zeeshanaleem, @kadhim, @ftx_official, @unusual_whales, @trungtphan, @kimdotcom, @biancoresearch, @obsoletedogma, @vusithembekwayo, @mattzeitlin, @mdudas, @mayazi, @cryptokaleo, @zeeshanaleem, @allnick, @stoolpresidente, @simondixontwitt, @mrjasonchoi, @jonathanvswan, @mhonkasalo, @dangillmor, @hsakatrades, @adamscochran, @chainlinkgod, @adamscochran, @lemieuxlgm, @wholemarsblog, @jason_howerton, @lilmoonlambo, @avcrypto_, @jespow, @shellenbergermd, @simondixontwitt, @timnitgebru, @dylanmatt, @mhonkasalo, @pebonilla, @netcapgirl, @dylanmatt, @matthew_d_green, @autismcapital, @adamscochran, @carnage4life, @samharrisorg, @shannonvallor, @justinwolfers, @balajis, @cwarzel, @wupton, @fordm, @cobie, @coffeebreak_yt, @modestproposal1, @sullycnbc, @hannahgais, @sbf_ftx, @nkulw, @davidbelle_, @jespow, @nmasc_, @tomgara, @lulumeservey, @nxthompson, @0xfoobar, @jespow, @1markmoss, @jagoecapital, @raaleh, @adamscochran, @smtuffy, @andygrewal, @smtuffy, @adamscochran, @jtlevy, @sentosumosaba, @aaschapiro, @cmsintern, @binarybits, @adamscochran, @matthew_d_green, @antoniogm, and @kateclarktweets
| Jack Schickler / CoinDesk: |
Bankruptcy filings: FTX CEO John J. Ray III, who oversaw Enron, condemns SBF's “unprecedented” management, describing a “complete failure of corporate controls” — Sam Bankman-Fried's unconventional style is under the spotlight as bankruptcy professionals pore over the FTX collapse.
More:
Bankruptcy Court for the District of Delaware, Financial Times, Bloomberg, and Wall Street Journal
Tweets: @kadhim, @kadhim, @kadhim, @kadhim, @dogetoshi, @simondixontwitt, @simondixontwitt, @acityinohio, @adamscochran, @lawmaster, @dylanleclair_, @gazthejourno, @matthew_pines, @bennetttomlin, @jamesrbuk, @thetranscript_, @bigsteve207, @ledgerstatus, @rleshner, @hedgedhog7, @sindap, @mattyglesias, @stackersatoshi, @aaberwick, @dogetoshi, @robaeprice, @literaryeric, @danbarker, @beijingpalmer, @bondhack, @firstadopter, @kaileyleinz, @4xinsight, @darkcryptolord, @anthony, @dogetoshi, @kadhim, @kadhim, @coloradotravis, and @dogetoshi
| Adam Cochran / @adamscochran: |
| Tony Romm / Washington Post: |
Congress, slow to move on regulating crypto, becomes transfixed by FTX's collapse, as lawmakers wonder if the crisis could have been prevented — The stunning collapse of the world's third-largest exchange has forced lawmakers to reckon with the costs of legislative inaction
More:
The Block, The Daily Beast, Politico, MarketWatch, CoinGape, The Hill, Bloomberg, Fortune, and Watcher Guru
| Colin Wilhelm / The Block: |
More:
The Block, Reuters, Financial Services Committee, Cointelegraph, CNBC, Coinspeaker, and Cryptonews
Tweets: @davidmarcus, @jakesherman, and @fscdems
| Kris Holt / Engadget: |
Microsoft rolls out Discord voice chat integration to all Xbox users after an Insiders test; PlayStation will reportedly get deeper Discord integration in 2023 — Microsoft is now rolling out the Xbox November update, which includes a heap of useful features.
More:
Xbox Wire, Game Developer, BetaNews, Pocket-lint, MSPoweruser, Appuals.com, and BGR
Tweets: @xbox, @klobrille, and @tomwarren
| Bloomberg: |
NetEase and Blizzard plan to end their 14-year partnership after January 2023, leaving Chinese players' access to games like Warcraft and Overwatch in question — NetEase Inc. and Blizzard Entertainment Inc. plan to end their 14-year partnership after January, depriving the Chinese firm …
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BBC, Game Developer, Reuters, Associated Press, GamesIndustry.biz, The Information, PCMag, Variety, CNBC, Wall Street Journal, Engadget, Tech in Asia, Pocket Gamer.biz, Video Games Chronicle, Gameranx, TechCrunch, Destructoid, Nikkei Asia, TheGamer, Forbes, PC Gamer, Dot Esports, VentureBeat, Financial Times, Pandaily, The Verge, and TechNode
| Kyle Wiggers / TechCrunch: |
Evernote agrees to be acquired by Milan-based app developer Bending Spoons, in a transaction expected to close in early 2023; Evernote has raised $290M to date — Evernote, the note-taking and task management app founded over 20 years ago, has been acquired by Milan-based app developer Bending Spoons.
More:
Evernote, PRWeb, @ricmac@mastodon.social, and The Register
Tweets: @rafe, @obrien, @robpegoraro, @chrismessina, @betraydan, and @tcpeter
| Peter White / Deadline: |
Apple plans to launch its Major League Soccer Season Pass on February 1 for $15/month or $99/season and $13/month or $79/season for Apple TV+ subscribers — Apple has unveiled more plans for its launch of Major League Soccer (MLS). — The streamer has revealed the pricing and launch details …
More:
Apple. Tweets: @mls_buzz, @munster_gene, @managertactical, @bzamayo, @mls_buzz, @munster_gene, and @bzamayo
| Sergiu Gatlan / BleepingComputer: |
The FBI and CISA say an Iranian-backed threat group hacked a US Federal Civilian Executive Branch and deployed XMRig cryptomining malware via the Log4Shell flaw — The FBI and CISA revealed in a joint advisory published today that an unnamed Iranian-backed threat group hacked …
More:
CISA, CISA, ZDNet, CNN, ComputerWeekly.com, Security Affairs, The Hacker News, and SiliconANGLE
Tweets: @aminsabeti and @samsabin923
| Annie Palmer / CNBC: |
Docs: Amazon offers some staff “voluntary severance” to cut costs beyond its layoffs; staff must resign by November 29 and their last day would be December 23 — - Amazon sent out “voluntary severance” offers to some employees this week as it looks for ways to rein in costs beyond the massive layoffs already announced.
More:
Wall Street Journal, The Verge, Vox, and Bloomberg
| Financial Times: |
OnlyFans plans to let creators sell merchandise directly to viewers in partnership with e-commerce platform Spring — Social network will allow content creators to sell merchandise directly to their viewers — Content creators on OnlyFans will be able to sell merchandise directly to their viewers … | Sharon Goldman / VentureBeat: |
Intel unveils FakeCatcher, a web-based real-time deepfake detector that analyzes the subtle “blood flow” in video pixels; the company claims a 96% accuracy rate — On Monday, Intel introduced FakeCatcher, which it says is the first real-time detector of deepfakes — that is … | Financial Times: |
The UK blocks the sale of Newport Wafer Fab to Nexperia, owned by China's Wingtech, on national security grounds and orders Nexperia to divest 86% of Newport — Months of wrangling over chipmaker sees deal with China-owned company thwarted on national security grounds
More:
BBC, GOV.UK, PCMag, Nexperia, DCD, Wall Street Journal, UKTN, The Guardian, Tech Xplore, CNN, The Register, and Tech Monitor
Tweets: @grantshapps, @tomboadle, @georgefreemanmp, @shashj, @tomtugendhat, and @kprescott
| Kif Leswing / CNBC: |
Nvidia reports Q3 revenue down 17% YoY to $5.93B, vs. $5.77B est., including Data Center revenue up 31% YoY to $3.83B and Gaming revenue down 51% YoY to $1.57B — - Nvidia reported fiscal third-quarter results on Wednesday for the period ending in October with sales beating analyst expectations but earnings per share coming in light.| Russell Brandom / The Verge: |
Analysis of 22K US broadband bills highlights issues: far higher average cost than in Europe at $75/month, little carrier choice, bogus charges, and more — The Verge and Consumer Reports collected 22,000 internet bills to find out how Americans are getting online. They paint an ugly picture.
More:
Washington Post, CNET, Gizmodo, CR Advocacy, Consumer Reports, and Consumer Reports. Tweets: @karlbode
| Jane Zhang / Bloomberg: |
Alibaba reports Q3 revenue up 3% to ~$29B, slightly above estimates, and a surprise ~$2.9B net loss, compared to an expected ~$2.6B profit — Alibaba Group Holding Ltd. reported a surprise loss after quarterly revenue barely grew, as China's rigid Covid controls continue to sap consumer sentiment.| Manish Singh / TechCrunch: |
Meta appoints Sandhya Devanathan to lead its India business, starting January 1, following several high-profile departures; Devanathan joined Meta in 2016 — Meta has appointed Sandhya Devanathan as the new head of its India business following several high-profile departures in the key overseas market.
More:
Moneycontrol, Hindustan Times, Entrackr, Livemint, The Economic Times, Reuters, Moneycontrol, NDTV, Livemint, Inc42 Media, ThePrint, MediaNama, and Business Today
| 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.
More:
Nvidia Newsroom, DCD, The Verge, Metaverse Post, Dow Jones Newswires, and Silicon Republic
Tweets: @nvidia and @kylebrussell
| Heather Somerville / Wall Street Journal: |
Filings: TuSimple co-founder Mo Chen consolidates power, acquiring 59% of the voting stock, as the US investigates the self-driving trucking company — Federal authorities continue to investigate entity's relationship with a Chinese startup tied to co-founder Mo Chen| Pew Research Center: |
A survey of US teens on social media: 80% feel closer to friends and 71% like showing creativity; 59% are neutral on its overall impact; girls report more drama — Majorities of teens credit social media with strengthening their friendships and providing support while also noting the emotionally charged side of these platforms
More:
Social Media Today. Tweets: @keccers, @pewresearch, @pewresearch, @adamkovac, @lrainie, @adamkovac, @lrainie, @lrainie, @mattnavarra, @adamkovac, and @monicaranders
| Jeremy Nation / The Block: |
Esports company TSM ends its 10-year, $210M partnership with FTX “effective immediately” and removes all branding, the latest company to drop FTX after its fall — As part of the continuing fallout from the collapse of FTX, major esports company TSM opted to terminate its contract with the crypto exchange.
More:
CoinDesk, Cryptonews, Washington Post, and Cointelegraph
Tweets: @laidbackstrat and @marioprime
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Cryptonews, Bitcoinist.com, CoinJournal, Waivly, Protos, Coinmonks, Bloomberg, crypto.news, and TheStreet
Tweets: @genesistrading, @gemini, @autismcapital, @jasonyanowitz, @fintechfrank, @dcgco, @grayscale, @gemini, @lawmaster, @tree_of_alpha, @grayscale, @pentosh1, @tether_to, @hodlwithledn, @nexo, @dcgco, @dcgco, and @nouriel
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Tweets: @mims, @sbf_ftx, @sbf_ftx, @dylanmatt, @siegerhino2, @matthuang, @sbf_ftx, @sbf_ftx, @zeeshanaleem, @balajis, @timccopeland, @zhusu, @sbf_ftx, @cryptovinco, @tara_macaulay, @gergelyorosz, @alexdecampi, @stevekrak, @newsfromscience, @charlottefang77, @goldman, @carnage4life, @ft__trading, and @semaforben