Techmeme
November 18, 2022, 5:10 PM

Top News

New York Times:
Sources: some internal estimates show 1,200+ full-time Twitter employees resigned on November 17; Twitter previously laid off ~3,700 of 7,500 staff  —  Mr. Musk sent emails on Friday asking to learn about Twitter's underlying technology as key infrastructure teams have been decimated.
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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Tweets: @mosquitocapital, @zoeschiffer, @kyliebytes, @elonmusk, @zoeschiffer, @elonmusk, @elonmusk, @zoeschiffer, @elonmusk, @alexeheath, @dimeford, @kateconger, @dmofengineering, @zoeschiffer, @alexeheath, @karaswisher, @alexeheath, @mattbinder, @hayskali, @gianmarcosoresi, @alexeheath, @nitashatiku, @tweetsbyparker, @alexeheath, @mikeisaac, @zoeschiffer, @imbadatlife, @elonmusk, @kenchengcomedy, @_elizabethmay, @kofie, @piersmorgan, @anthonyha, @elonmusk, @mollyjongfast, @_cingraham, @jenmsft, @loudmouthjulia, @heerjeet, @scottjshapiro, @bgurley, @rickymar49, @zackbornstein, @cz_binance, @jenplusplus, @eliothiggins, @elonmusk, @zoeschiffer, @rmac18, @peterclowes, @kyliebytes, @satanjeev, @zackbornstein, @travisakers, @avi_bueno, @cryptoterra, @justinwolfers, @bgurley, @brayniac, @marcoarment, @hayskali, @samadlerbell, @grady_booch, @nickkristof, @kyliebytes, @caitlinmoran, @bionca, @nickbilton, @snazzyq, @wongmjane, @shashj, @daithaigilbert, @redsteeze, @ildannymoore, @dmitryopines, @salehamohsin, @espiers, @derflecha, @benedictevans, @gergelyorosz, @jasonschreier, @themaxburns, @caseynewton, @knrd_z, @lexnfx, @ericyamane, @parismarx, @chrislhayes, @goodpoliticguy, @karaswisher, @rmac18, @mims, @turmshrub, @akaeljefe, @mtracey, @wholemarsblog, @over_rated, @roxytall, @saberspark, @gergelyorosz, @markos, @drwhomoment, @kng, @cwarzel, @tomcoates, @karaswisher, @espiers, @johnbiggs, @kaderariz, @nettaaaaaaaa, @alexeheath, @goldman, @peterclowes, @iancoldwater, @wickman, @buccocapital, @carnage4life, @gartenberg, @michaelvirks, @g4ys0n, @kazweida, @richsignorelli, @mirpuris, @zhiheng_zhang, @kyliebytes, @seyitaylor, @gergelyorosz, @peterbrannen1, @rahaeli, @benedictevans, @reckless, @tom_winter, @alexvoica, @peteryared, @calthalas, @nexqal, @matthew_d_green, @tomcoates, @chrislhayes, @daithaigilbert, @gmfz_resists, @rakyll, @sarahkendzior, @antoniogm, @alexhern, @brianstelter, @mikurubaeahina, @anildash, @frankieboyle, @chadloder, @danprimack, @jaredlholt, @kentremendous, @0xfoobar, @evacide, @jon_prosser, @danprimack, @wholemarsblog, @buffyblogs, @cstross, @mattbinder, @rk, @justin, @esqueer_, @augustjpollak, @pwnallthethings, @junlper, @gruber, @mazmhussain, @alyssafarah, @jasonschreier, @brndxix, @mehdirhasan, and @steinkobbe
AJ McDougall / The Daily Beast:
Sources: Twitter disables badge access and shuts down offices until at least November 21; a report points to fears of “sabotage” after numerous resignations  —  The temporary closure of the company's offices comes as the billionaire is reportedly “terrified employees are going to sabotage the company.”
Bloomberg:
Elon Musk / @elonmusk:
[Thread] Elon Musk says “new Twitter policy” will deboost and demonetize “negative/hate tweets”, reinstates Kathy Griffin, Jordan Peterson, and Babylon Bee  —  New Twitter policy is freedom of speech, but not freedom of reach. Negative/hate tweets will be max deboosted & demonetized, so no ads or other revenue to Twitter. You won't find the tweet unless you specifically seek it out, which is no different from rest of Internet.
Yoel Roth / New York Times:
Twitter's ex-head of Trust & Safety on why he resigned: a Twitter whose policies are defined by unilateral edict has little need for a trust and safety function  —  Earlier this month, I chose to leave my position leading trust and safety at Elon Musk's Twitter.
Wall Street Journal:
Sources: ~$300M of $420M from an FTX raise in October 2021 went to SBF in a share sale that he said was partial reimbursement for buying out Binance's stake  —  Cryptocurrency-exchange founder told investors last year that the share sale was partial reimbursement of money he'd spent to buy out rival Binance's stake
Will Douglas Heaven / MIT Technology Review:
Meta AI and Papers with Code pull Galactica, a large language model to generate scientific text, days after its launch, amid criticism about incorrect results  —  Galactica was supposed to help scientists.  Instead, it mindlessly spat out biased and incorrect nonsense.
Sergiu Gatlan / BleepingComputer:
The FBI says the Hive ransomware gang has extorted ~$100M from 1,300+ organizations, including government facilities and public health entities, since June 2021  —  The Federal Bureau of Investigation (FBI) said today that the notorious Hive ransomware gang has successfully extorted roughly $100 million …
Nansen:
UST's May 2022 collapse caused a liquidity crunch that FTX and Alameda tried to counter with FTT, leading to $4B outflows from Alameda to FTX in June and July  —  mins  —  Nansen's research team dives into the collapse of Alameda and FTX using blockchain analytics  —  Key Takeaways
Forbes:
A profile of Caroline Ellison, the risk-loving, “very mathy” Alameda Research CEO that sources say was “virtually invisible” in Alameda's last days  —  Alameda Research CEO Caroline Ellison is a math whiz who loves Harry Potter, fringe political philosophy and taking big risks.

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Annie Palmer / CNBC: