Techmeme
November 30, 2022, 5:45 PM

Top News

New York Times:
A livestream of Sam Bankman-Fried being interviewed by Andrew Ross Sorkin at the New York Times' DealBook Summit  —  Sam Bankman-Fried will discuss the collapse of FTX.  —  Sam Bankman-Fried, the cryptocurrency billionaire whose empire collapsed spectacularly less than three weeks ago …
Gregory Zuckerman / Wall Street Journal:
Sources detail Alameda's early years, starting in fall 2017, as SBF shrugged off concerns about risky investments, leading several employees to quit in 2018  —  ‘We ended up not really knowing how much money we even had,’ one former employee says  —  Why FTX Picked the Bahamas, and What Happens Now to the Crypto Hub
Financial Times:
Interviews detail FTX and SBF's lavish spending with minimal internal controls, including $300M+ on Bahamas real estate and a private deal to fly Amazon orders  —  When crypto exchange FTX moved its headquarters to the Bahamas from Hong Kong last year, employees discovered that Amazon did not deliver to the island.
Marco Quiroz-Gutierrez / Fortune:
CNBC:
Salesforce says Bret Taylor will step down as vice chair and co-CEO on January 31, 2023, and Marc Benioff will stay on as chair and CEO  —  - Observers viewed Bret Taylor as a possible successor for Marc Benioff, Salesforce's iconic co-founder.  — It's the second time in less than three years …
Juliana Liu / CNN:
Chinese state media: a five-day COVID lockdown in Zhengzhou, home of Foxconn's “iPhone City”, has been lifted; an analyst says disruptions cost Apple ~$1B/week  —  Hong Kong CNN Business —  The central Chinese city of Zhengzhou, home to the world's largest iPhone factory …
Danny Nelson / CoinDesk:
US crypto exchange Kraken plans to lay off 1,100 people, or 30% of its workforce, citing a need to “adapt to current market conditions”  —  The crypto exchange is laying off 1,100 people, sending its headcount back 12 months.  —  Crypto exchange Kraken said Wednesday …
Manish Singh / TechCrunch:
The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points  —  European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …
Carly Page / TechCrunch:
Google says Barcelona-based spyware vendor Variston planted spyware by exploiting zero-day flaws in Chrome, Firefox, and Windows between 2018 and 2022  —  A Barcelona-based company that bills itself as a custom security solutions provider exploited several zero-day vulnerabilities in Windows …
Jackie Davalos / Bloomberg:
Memo: DoorDash plans to lay off around 1,250 employees, aiming to curb expenses; sources say that represents around 6% of its workforce  —  DoorDash Inc. is cutting about 1,250 jobs to rein in expenses, acknowledging that a rapid expansion during the pandemic boom has led to mounting losses.
Yogita Khatri / The Block:
Binance acquires Japan-based licensed exchange Sakura Exchange BitCoin for an undisclosed sum, marking its re-entry into Japan and first license in East Asia  —  - Binance has entered Japan by acquiring the locally licensed exchange Sakura Exchange BitCoin (SEBC).  — The terms of the deal were not disclosed.
Taylor Locke / Fortune:
Uniswap Labs launches an NFT marketplace aggregator with listings from OpenSea, LooksRare, NFTX, and others, after acquiring the aggregator Genie in June  —  Though sales of nonfungible tokens, or NFTs, have dropped substantially amid the ongoing Crypto Winter, Uniswap Labs remains bullish on the future of the market.
Ariel Shapiro / The Verge:
Spotify releases Wrapped 2022 for users, adding a “music personality” feature, and says Joe Rogan, Emma Chamberlain, and others were its top podcasters  —  Spotify Wrapped is here, and with it, a slew of year-end charts, data, and graphics ripe for sharing.
Olivia Carville / Bloomberg:
A look at TikTok's role in spreading the “blackout challenge”, leading some kids to choke themselves to death, as critics say the company could be doing more  —  “Sissy's tangled!”  —  The 5-year-old boy's panicked cries echoed down the hallway of the Arroyos' three-bedroom clapboard house in Milwaukee.
Ivan Mehta / TechCrunch:
Airbnb launches a program to help renters find an apartment in 25 US markets and then list a spare room or occasionally the whole apartment on the platform  —  Airbnb really wants you to Airbnb an apartment.  So its latest step is to find renters a place, which they can also list on the travel booking platform.
Emily Nicolle / Bloomberg:
Emboldened by FTX's collapse, the disgraced founders of Terra, Celsius, and Three Arrows Capital have reemerged, offering their thoughts on SBF, FTX, and more  —  Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more.  If someone forwarded this to you, sign up here.
Platformer:

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Enhancements to Zoho Writer's automation flow designer: New PDF operations, password protection, and more  —  Once we rolled out the automation flow designer in Zoho Writer's merge templates …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
2025 In Review, 2026 Predictions — With Reed Albergotti
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Podcast Pioneer PJ Vogt's Second Act: Less Budget, More Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:45 PM ET, November 30, 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

Annie Lowrey / The Atlantic:
CNBC:

Earlier Picks

The Intercept:
Alex Barinka / Bloomberg:
Christiana Loureiro / The Block: