| Financial Times: |
FTX CEO John Ray III plans to attempt to sell or reorganize its businesses after a review found many of its subsidiaries have “solvent balance sheets” — Many of collapsed crypto group's subsidiaries have ‘solvent balance sheets’, John Ray III says| Wall Street Journal: |
FTX says it has fired CTO Gary Wang, engineering director Nishad Singh, and Alameda Research CEO Caroline Ellison — The three executives and Mr. Bankman-Fried are said to have known FTX was using customer funds to plug a funding gap — FTX, the cryptocurrency exchange launched by Sam Bankman-Fried … | Wall Street Journal: |
A look at the dispute between FTX's new management and Bahamian regulators over who should control the company's assets, and how the fight may affect customers — Liquidators in the Bahamas are embroiled in a dispute with FTX over who has control over crypto assets held in the country| John Herrman / New York Magazine: |
FTX users flock to Telegram to reckon with their potential losses, where some say they believed FTX's links to the US made it unusually safe — The losers — and scammers — are flooding Telegram. — It's early November. You're into crypto. It has probably been a rough few months … | Herb Scribner / Axios: |
Elon Musk is running a Twitter poll on reinstating Trump, after saying in October that Twitter plans a “content moderation council” to make such decisions — Elon Musk dropped a 24-hour poll on his own Twitter feed Friday night asking whether or not to reinstate former President Trump to the social media platform.| Emma Roth / The Verge: |
Wickr Me, the free encrypted messaging app acquired by AWS in 2021, will shut down on December 31, 2023 and stop accepting new users at the end of 2022 — Wickr Me, the free encrypted messaging app owned by Amazon Web Services, is shutting down on December 31st, 2023.| David Lumb / CNET: |
As climate change threatens data centers, Amazon, Microsoft, and Google are tinkering with cooling options and building data centers in colder countries — Data centers run our personal and professional lives, so it's crucial that they keep working in a future of climate change.| Paresh Dave / Reuters: |
A court filing from Epic's lawsuit shows Google allegedly agreed to pay ~$360M over three years to keep Activision Blizzard from launching its own app store — Alphabet Inc's (GOOGL.O) Google has struck at least 24 deals with big app developers to stop them from competing with its Play Store … | TechCrunch: |
India's new draft data protection bill proposes allowing cross-border data transfer with certain countries, unlike an earlier version which imposed restrictions — India has proposed a new comprehensive data privacy law that will mandate how companies handle data of its citizens … | Ryan Browne / CNBC: |
Ripple says it is effectively “operating outside of the US” due to its legal fight with the SEC and is seeking a license in Ireland to drive EU expansion — - Ripple is expanding its presence in the EU, where it plans to “passport” its services through an entity in Ireland, General Counsel Stuart Alderoty told CNBC.| 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.| Mitchell Clark / The Verge: |
| New York Times: |
A look at South Korean conglomerate Naver's experiments with a fleet of ~100 office robots, including efforts to make employees comfortable with their presence — Naver, a South Korean internet firm, is trying to introduce robots into the world of cubicles and conference rooms without making employees uncomfortable.
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| Will Douglas Heaven / MIT Technology Review: |