Techmeme
November 20, 2022, 1:45 AM

Top News

Reuters:
Twitter reinstates Trump's account, after Elon Musk ran a Twitter poll where 51.8% of 15M+ users voted yes to reinstatement, saying “the people have spoken”  —  Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor …
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
Financial Times:
Altive: Xiaohongshu, considered as a Chinese equivalent to Instagram, has been valued at $10B-$16B in private markets in 2022, down from $20B in November 2021  —  China's answer to Instagram gained a $20bn valuation last year.  Then the tide turned for the country's start-ups
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 …
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.
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 …

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Cultivating creativity and innovation in the modern workspace  —  In the realm of modern business, success depends on more than just delivering products or services—it requires an environment where creativity thrives and new ideas are welcomed.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
How to Cultivate Everyday Dharma, Suneel Gupta (#54)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Tue. 04/23 - Microsoft's Own LLMs and Perplexity's Big Raise
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:45 AM ET, November 20, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

New York Times:

Earlier Picks

Mitchell Clark / The Verge:
Alex Harring / CNBC:
Will Douglas Heaven / MIT Technology Review: