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November 17, 2022, 10:45 PM
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| The Verge: |
Hundreds of Twitter employees post farewell messages and salute emojis in Slack and tweets, announcing their resignations after Elon Musk's “hardcore” ultimatum — Musk gave Twitter staff a deadline to say if they are staying for his cultural reset of the company.
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New York Times, Washington Post, NPR, Reuters, iMore, SiliconANGLE, Financial Times, AppleInsider, CNBC, MacRumors, Engadget, Mercury News, Insider, Forbes, The Hollywood Reporter, Mashable, Digital Trends, Sky News, BGR, and IGN
Tweets: @kyliebytes, @alexeheath, @alexeheath, @alexeheath, @brainiaq2000, @alexeheath, @alexeheath, @zoeschiffer, @nitashatiku, @rmac18, @tweetsbyparker, @zoeschiffer, @kyliebytes, @benthompson, @marcoarment, @sacca, @jenkirkman, @aoc, @carnage4life, @satanjeev, @denise_dewald, @jbarro, @aoc, @aodhan, @gergelyorosz, @elibelly, @cwarzel, @parkermolloy, @chrisalbon, @joannastern, @sarahfrier, @patrick_wyman, and @espiers
| AJ McDougall / The Daily Beast: |
Sources: Twitter has disabled badge access and shut down its offices until November 21, after a large number of employees chose to resign on Thursday — The temporary closure of the company's offices comes as the billionaire is reportedly “terrified employees are going to sabotage the company.”
More:
BBC, The Guardian, Bloomberg, and Insider
Tweets: @zoeschiffer, @zoeschiffer, @anothercohen, @justinwolfers, @imani_barbarin, @esqueer_, @paulskallas, @minimaxir, and @minimaxir
| Bloomberg: |
Sources: Elon Musk softens his remote work stance and tries to convince colleagues to stay, as more than anticipated opt to leave ahead of his 5pm ET deadline — Elon Musk gave Twitter Inc. employees an ultimatum to either commit to the company's new “hardcore” work environment or leave.
More:
The Verge, The Hill, USA Today, Wall Street Journal, Livemint, Engadget, CNBC, Fortune, and The Information
Tweets: @gergelyorosz, @daveyalba, @gergelyorosz, @topolk, @erinkwoo, @conorsen, @summerson, @carlquintanilla, @davepell, @pt, @biancoresearch, and @daveyalba
| Jack Schickler / CoinDesk: |
Filings: FTX CEO John Ray III, who ran Enron's bankruptcy process, slams SBF's “unprecedented” management, describing a “complete failure of corporate controls” — The former FTX CEO's unconventional style is under the spotlight as bankruptcy professionals pore over the exchange's collapse.
More:
Bankruptcy Court for the District of Delaware, PYMNTS.com, Silicon Valley Business …, Attack of the 50 Foot …, The Register, CNBC, Protos, Axios, Bankruptcy Court for the District of Delaware, Reuters, Forbes, Reuters, Financial Times, Associated Press, CNBC, The Guardian, Amy Castor, Securities Commission of The Bahamas, crypto.news, Fortune, WRAL TechWire, BBC, NewsBTC, TIME, VICE, Observer, SiliconANGLE, Bitcoinist.com, Chicago Tribune, Crypto Briefing, and CNBC
Tweets: @kadhim, @kadhim, @kadhim, @dogetoshi, @deitaone, @wassielawyer, @kadhim, @kadhim, @zerohedge, @tadleer, @ftx_official, @suzhupercycle, @ncweaver, @tracyalloway, @balajis, @kadhim, @kadhim, @kadhim, @kadhim, @dingalingts, @punk6529, @robaeprice, @simondixontwitt, @turnernovak, @tree_of_alpha, @business, @hedgedhog7, @sindap, @nathantankus, @ne0liberal, @dylanleclair_, @danbarker, @smtuffy, @newmoneyreview, @gazthejourno, @bondhack, @sherlock_hodles, @lizrhoffman, @coloradotravis, @rnr_0, @jyarow, @chris_stewart_5, @rleshner, @investmentshulk, @beijingpalmer, @0xgaut, @mayazi, @apolynya, @fmanjoo, @z0r0zzz, @coloradotravis, @thetranscript_, @simondixontwitt, @scottmelker, @ldrogen, @flglmn, @kaileyleinz, @shaneferro, @ceterispar1bus, @mattyglesias, @spencerjakab, @jonwu_, @martiniguyyt, @stackersatoshi, @mayazi, @dogetoshi, @robinsreport, @gaborgurbacs, @twobitidiot, @matthew_pines, @mikeburgersburg, @ichimikichiki, @jp_koning, @tina_davis, @coloradotravis, @adamscochran, @anthony, @bennetttomlin, @opinion, @hsakatrades, @4xinsight, @firstadopter, @jamesrbuk, @jeffnolan, @croesus_btc, @lawmaster, @noteezzy, @cryptoub, @nic__carter, @0xngmi, @ldrogen, @dogetoshi, @jonwu_, @jessicalessin, @ugarles, @iansherr, @hsakatrades, and @literaryeric
| Tracy Alloway / Bloomberg: |
The wildest parts of FTX's bankruptcy filing: its token holdings are worth $659K, Alameda loaned SBF $3.3B, SBF auto-deleted messages about decisions, and more — Lawyers for the bankrupt crypto exchange FTX filed today in Delaware, asking a federal judge to transfer a competing bankruptcy case filed …
More:
The Block, CoinDesk, Cointelegraph, Gizmodo, Semafor, CNBC, Watcher Guru, CNBC, crypto.news, and CoinDesk
Tweets: @grdecter, @grdecter, @wublockchain, @adamscochran, @apedurden, @collins_belton, @mideastxmidwest, @zerohedge, @jessicakmathews, @zerohedge, @asvanevik, @apompliano, @hsakatrades, @stephanie_murr, @alice_fulwood, @pizzawanchovies, @grdecter, @alice_comfy, @basedkarbon, @venturecoinist, @s_m_i, @adamscochran, @0xdoug, @stackersatoshi, @shannonpareil, @tomgara, @meattc_, @whet, @tomgara, @saylor, @coinmamba, @0xdoug, @ericwallerstein, @jamespmcleod, @lilmoonlambo, @apompliano, @apedurden, @crypto_joe10, @ericwallerstein, @tomgara, @stackersatoshi, @toraykortan, @ttmygh, @josephpolitano, @asvanevik, @halocrypto, @crypto_joe10, @venturecoinist, @s_m_i, @peterschiff, @thestalwart, @alice_comfy, @toptickcrypto, @wublockchain, @alice_fulwood, @silviakillings, @crypto_joe10, and @thestalwart
| Annie Palmer / CNBC: |
Amazon CEO Andy Jassy says the layoffs will continue into 2023, after the company cut roles across its Devices and Books businesses on Wednesday — KEY POINTS — Amazon will continue to lay off employees in the coming year, CEO Andy Jassy wrote in a memo to workers on Thursday.
More:
About Amazon, PYMNTS.com, Livemint, Silicon Valley Business …, SiliconANGLE, Insider, CNN, Barron's Online, GeekWire, Bloomberg, BGR, The Verge, Reuters, and MarketWatch
Tweets: @kyweise, @kantrowitz, @delrey, and @annierpalmer
| Mitchell Clark / The Verge: |
An update to the About Twitter Blue page shows accounts less than 90 days old won't be able to sign up when the service relaunch, presumably on November 29 — Twitter won't let accounts less than 90 days old sign up for its Blue subscription service when it relaunches (presumably on the 29th) …
More:
BuzzFeed News and SlashGear
Tweets: @stokel, @moorehn, @mattnavarra, @4evrmalone, and @tim_stevens
| Casey Newton / Platformer: |
More:
The Information and Twitter is Going Great!
Tweets: @caseynewton, @zoeschiffer, @mattnavarra, @carnage4life, and @strngwys
| Financial Times: |
Analysis: Masayoshi Son personally owes SoftBank close to $5B due to its growing losses; his stake in the Vision Fund 2 is worthless, down from $2.8B in 2021 — Market crash also wipes out value of Japanese founder's stake in second Vision Fund — Masayoshi Son personally owes SoftBank close … | Thomas Germain / Gizmodo: |
Facebook plans to remove religious views, political views, addresses, and “Interested in”, which indicates sexual preference, from user profiles on December 1 — The update to the world's biggest social network will prevent you from broadcasting certain details in your bio, a farewell to the early days of social media.
More:
TechCrunch, Engadget, Insider, SlashGear, Social Media Today, TechSpot, and CNET
Tweets: @mattnavarra, @caseynewton, @thedylanhafer, and @blakersdozen
| Wall Street Journal: |
Sources: Meta has fired or disciplined over 24 employees and contractors over the past year for allegedly taking over user accounts, in some cases for bribes — Some workers allegedly accepted thousands of dollars in bribes — Meta Platforms Inc. META -2.31%decrease …
More:
Rolling Stone, Insider, Engadget, Gizmodo, CNBC, Ars Technica, Daily Mail, The Wrap, PetaPixel, The Verge, The Daily Caller, and SiliconANGLE
Tweets: @ariehkovler, @jmover, @fabiochiusi, @tonyajoriley, @tonyromm, @jason_kint, @seyitaylor, @samschech, @dnvolz, and @addedvalueth. Thanks:@sal19
| Aisha Malik / TechCrunch: |
Google announces updates to Search, to help users find dishes near them, Maps, with an expanded Live View, and Shopping, adding AR tools for makeup matching — Google announced today that it's introducing a slew of new Maps, Search and Shopping features. The company revealed majority … | Jared Newman / Fast Company: |
1Password unveils “passkey” support for secure user logins to apps, and says it will work across platforms, including iOS and Android, coming in early 2023 — When Apple and Google announced their passwordless login systems earlier this year, they glossed over one major problem …
More:
1Password Blog, Security Boulevard, Tom's Guide, MacRumors, iThinkDifferent, iPhone in Canada Blog, and iClarified. Tweets: @1password
| Jon Porter / The Verge: |
Meta launches its company directory on WhatsApp's Business Platform in Brazil, the UK, Indonesia, Mexico, and Colombia after a September 2021 pilot in São Paulo — WhatsApp is officially launching a new business directory feature across Brazil, the UK, Indonesia, Mexico, and Colombia.
More:
Meta, Adweek, PYMNTS.com, TechCrunch, MSPoweruser, Engadget, Social Media Today, and Quartz
Tweets: @theamolwalvekar, @sohinigr, @metanewsroom, @nickclegg, and @iansherr
| Mack DeGeurin / Gizmodo: |
US House Select Subcommittee investigation: ID.me made “baseless claims” of COVID-19 unemployment fraud “to increase demand” for its ID verification services — A seven month-long investigation accuses the biometric firm of providing misleading figures …
More:
Bloomberg, Heritage Foundation, Associated Press, PYMNTS.com, Technical.ly, CyberScoop, and Politico
| Jon Victor / The Information: |
Sources: in May 2022, Google asked managers to categorize 6% of employees, or ~10,000 people, as low performers under its new review system, up from 2% before — As layoffs spread across Silicon Valley, Google has stood out by not cutting employees so far.
Tweets: @joshuaogundu, @jessicalessin, and @aparanjape
| Pranob Mehrotra / XDA Developers: |
Qualcomm announces the Qualcomm S3 Gen 2 and Qualcomm S5 Gen 2 for wireless audio gear with support for spatial audio, improved ANC, lossless music, and more — The new SoCs are optimized for Bluetooth LE Audio and unlock several premium audio experiences| Aisha Malik / TechCrunch: |
TikTok begins testing its research API, announced in July, with members of its Content and Safety Advisory Councils, and is working on a content moderation API — Earlier this year, TikTok announced that it's developing a research API to improve access to public and anonymized data about content and activity on its app.| Sam Goldfarb / Wall Street Journal: |
Coinbase's stock is down ~80% in 2022, shrinking its market cap from $81B at its IPO to ~$11B, as the broader crypto market drops and investors lose confidence — Prices of exchange's bonds and stock reflect anxieties after collapse of rival FTX and sharp declines in bitcoin
Tweets: @nina_trentmann and @jessefelder
| Tony Romm / Washington Post: |
Congress, slow to pass legislation and offer clear regulations on crypto, wakes up to FTX's collapse as lawmakers wonder if they could have prevented the crisis — The stunning collapse of the world's third-largest exchange has forced politicians to grapple with the costs of legislative inaction
More:
CNN, The Daily Beast, Cointelegraph, The Block, Payments Dive, The Block, and Crypto Briefing
Tweets: @concodanomics, @cgasparino, @adamscochran, @robblackwellab, @sentoomey, @senwarren, @mikemadden, @zachary, @hshaban, @matthewstoller, @adamscochran, @johnedeaton1, @rwpusa, @nkulw, @jenniferisms, @tonyromm, @tonyromm, @cryptolawus, @sambrodey, @zachary, @tonyromm, @adamscochran, @jason_howerton, @jordanschachtel, and @crewcrew
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