|
November 10, 2022, 4:23 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| Sam Bankman-Fried / @sbf_ftx: |
[Thread] FTX CEO Sam Bankman-Fried apologizes, says he “fucked up” and his priority is “doing right by users”, plans to raise funds and close Alameda, and more — 1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.
More:
Axios, New York Times, The Block, CoinDesk, PYMNTS.com, Reuters, Gizmodo, TechCrunch, New York Post, CoinDesk, The Economic Times, Decrypt, Blockworks, On my Om, PC Gamer, Bloomberg, Fortune, VICE, CoinDesk, Wall Street Journal, Wall Street Journal, VICE, Bitcoin News, and Cointelegraph
Tweets: @halocrypto, @brian_armstrong, @sbf_ftx, @sbf_ftx, @genesistrading, @binance, @stoolpresidente, @zebulgar, @sbf_ftx, @sbf_ftx, @sbf_ftx, @tier10k, @grdecter, @autismcapital, @autismcapital, @cz_binance, @sbf_ftx, @p3b7_, @jerallaire, @sbf_ftx, @doombergt, @ercwl, @levie, @teo_leibowitz, @ianthetechie, @loganbartlett, @dogetoshi, @wassielawyer, @molly0xfff, @temurdur, @sbf_ftx, @nkulw, @noahpinion, @scruffur, @devahaz, @farokh, @altcoindailyio, @erikvoorhees, @loopifyyy, @veryimportant, @osf_nft, @hsakatrades, @caspiancey, @marionawfal, @ryansadams, @pauly0x, @sbf_ftx, @levie, @paikcapital, @bongcapital, @vitalikbuterin, @fintechfrank, @interfluidity, @mekhoko, @cobie, @cobie, @danprimack, @cryptohayes, @fintechfrank, @jessicalessin, @felixsalmon, @jessicalessin, and @jeuasommenulle
| Wall Street Journal: |
Source: SBF told investors that Alameda owes FTX ~$10B and FTX extended loans to Alameda using customer funds, describing the decision as a poor judgment call — FTX Chief Executive Sam Bankman-Fried told an investor this week that Alameda owes FTX about $10 billion
More:
Reuters, Wall Street Journal, Reuters, CNBC, CoinDesk, CoinDesk, Reuters, Blockworks, CoinDesk, The Verge, Insider, Bloomberg, The Block, The Block, Decrypt, PYMNTS.com, CNN, Fortune, Bitcoin News, Ed Zitron's Where's Your Ed At, Financial Times, Nexo.io Blog, The Guardian, Coinpedia Fintech News, and Financial Times
Tweets: @paoloardoino, @cz_binance, @unusual_whales, @tier10k, @reptomemmer, @deitaone, @aeyakovenko, @danielsloeb1, @paoloardoino, @autismcapital, @ercwl, @zhusu, @tier10k, @alistairmilne, @0xfoobar, @edzitron, @tier10k, @trungtphan, @lopp, @icebergy_, @freddiefarmer, @bloombergtv, @obsoletedogma, @skupor, @nanixbt, @punk6529, @lowstrife, @kr00ney, @kadhim, @kadhim, @iamdcinvestor, @hsakatrades, and @deitaone
| Reuters: |
Sources detail FTX's rise and fall: Changpeng Zhao's ~$100M investment in 2019, the souring Binance relationship, Alameda's series of losses in 2022, and more — On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message.
More:
Wall Street Journal, The Block, CoinDesk, The Information, Decrypt, Bloomberg, Vox, PYMNTS.com, Bloomberg, and Associated Press
Tweets: @cz_binance, @snarkyzk, @wublockchain, @grdecter, @nouriel, and @trungtphan
| Nikhilesh De / CoinDesk: |
FTX US warns users that it could halt trading in the coming days, hours after SBF said that FTX US was “100% liquid”; some Tron-linked funds can be withdrawn — Sam Bankman-Fried said the FTX US entity's users would be able to withdraw all their funds.
More:
Axios, Bloomberg, Bloomberg, CoinDesk, The Block, CoinDesk, Axios, Crypto Briefing, Buy Bitcoin/Ethereum, and CoinGape
Tweets: @justinsuntron, @ftx_official, @tackettzane, @justinsuntron, @sbf_ftx, @ftx_official, @ftx_official, @statelayer, @lawmaster, @dogetoshi, @unusual_whales, @lucasnuzzi, @lucasnuzzi, @tree_of_alpha, @scottmelker, @cmsholdings, @simondixontwitt, @alfaleek, @emperorbtc, @0xfoobar, @huobiglobal, @caprioleio, @hsakatrades, @tier10k, @defiyst, @hsakatrades, @lucasnuzzi, @fomocapdao, @lilmoonlambo, @dennis_porter_, @y0k0s0n, @bcbacker, @anbessa100, @petercontibrown, @aliatiia_, @traderskew, @wassielawyer, @justinsuntron, @ftx_official, @evgenygaevoy, @dgntec, @ftx_official, @dogetoshi, @cryptogodjohn, @davidzmorris, @cobie, @dogetoshi, @tackettzane, @davidiach, @davidbelle_, @cryptokaleo, @tier10k, and @ahcastor
| Bryce Elder / Financial Times: |
Untangling FTX's extremely complex corporate structure, which could pose a problem for liquidators and law enforcement, as the crypto exchange faces bankruptcy — Relationship status: it's complicated — With crypto exchange FTX short $8bn and hurtling towards bankruptcy …
Tweets: @bondhack and @noelleinmadrid
| Oliver Knight / CoinDesk: |
Tether freezes FTX's $46M in USDT on the Tron blockchain at the request of law enforcement while an investigation occurs — The stablecoin lost its $1 peg earlier on Thursday. — Stablecoin issuer Tether has frozen $46 million of USDT held on the Tron blockchain by failing crypto exchange FTX following …
| Callan Quinn / The Block: |
Binance shares addresses for its wallets and details its holdings: 475K BTC, 4.8M ETH, 17.6B USDT, 21.7B BUSD, 601M USDC, 58M BNB, and a $1B SAFU fund — - Binance has released the addresses of its hot and cold wallets. — It provided a snapshot of its current holdings.| Dan Primack / Axios: |
Sequoia tells partners the firm marked down its FTX investment of $213.5M across two funds to $0, saying it “ran a rigorous diligence process” before investing — - Its $150 million of exposure to both FTX and FTX.US in its third global growth fund represents less than 3% of that fund's total capital commitment.
More:
Fortune, The Block, San Francisco Business Journal, and Wall Street Journal
Tweets: @sequoia, @thestalwart, @dsquareddigest, @firstadopter, @ashleevance, @pythianism, @lmatsakis, @eliotwb, @eliotwb, and @taylorlorenz
| Alex Heath / The Verge: |
Sources: Twitter's chief privacy officer, CISO, and chief compliance officer have resigned; legal now asks engineers to “self-certify” compliance with FTC rules — Twitter's privacy and security teams are in turmoil after Elon Musk's changes to the service bypassed its standard data governance processes.
More:
Tech Policy Press, The Record, The Register, NBC News, TechCrunch, International Business Times, CNN, Engadget, Bloomberg, AppleInsider, Reuters, TheGamer, and Politico
Tweets: @leakissner, @caseynewton, @mmasnick, @cat_zakrzewski, @zoeschiffer, @thezedwards, @mariannefogarty, @ianbremmer, @caseynewton, @alexeheath, @reckless, @caseynewton, @popehat, @alexeheath, @riana_crypto, @riana_crypto, @shannonrwatts, @refeup, @esqueer_, @mmasnick, @leahmcelrath, @janecoaston, @manan, @tarah, @justinhendrix, @cat_zakrzewski, @oneunderscore__, @josephmenn, @caseynewton, and @jonquilynhill
| Kurt Wagner / Bloomberg: |
In his first email to Twitter staff, Elon Musk warns of “difficult times ahead” and bans remote work, saying employees must be in the office 40+ hours per week — New Twitter Inc. owner Elon Musk emailed his workers for the first time late Wednesday to prepare them for …
More:
New York Times, Associated Press, Ars Technica, USA Today, The Verge, Thurrott, Variety, Neowin, Snow on the Horizon, TheStreet, Financial Times, BBC, and MobileSyrup
Tweets: @gergelyorosz, @dbreunig, @obrien, @dril, @tomcoates, @derektmead, @bbcrosatkins, @mikeisaac, @techemails, @sarahfrier, @gergelyorosz, @louiseridley, and @sh4na
| The Verge: |
Elon Musk says Twitter will not survive “without significant subscription revenue” and that the company needs roughly half of revenue to come from subscriptions — Elon Musk has sent his first email to Twitter employees, warning them to prepare for a “dire” economy and putting an immediate end to remote work.
More:
Bloomberg and Ars Technica
| Kif Leswing / CNBC: |
Apple plans to launch Emergency SOS with Satellite in November and pay $450M to US companies enabling the texting feature, with the majority going to Globalstar — - Apple said Thursday that it will spend $450 million with U.S. companies including Globalstar to enable its new emergency satellite texting feature.
More:
Apple, Computerworld, PCMag, ZDNet, CNET, Macworld, Philip Elmer‑DeWitt, Wccftech, fpt., KnowTechie, and Redmond Pie. Tweets: @tim_cook
| Wall Street Journal: |
Sources: Amazon started a monthslong cost-cutting review of its unprofitable businesses, like its devices unit, which had a $5B+ operating loss in recent years — Review takes a close look at devices unit, which includes Alexa and has had an annual operating loss of $5 billion in some recent years, documents show
More:
Insider, PYMNTS.com, The Verge, CNN, SiliconANGLE, Financial Times, Fortune, and Bloomberg
| Sarah Perez / TechCrunch: |
Google expands its user third-party billing pilot to the US, Brazil, and South Africa, with Bumble and Spotify, which will roll out its test this week — Google today announced it's expanding its user choice billing pilot, which allows Android app developers to use other payment systems besides Google's own.| Taylor Hatmaker / TechCrunch: |
Fake Twitter accounts of athletes and other celebrities, some now suspended, are spreading fake announcements and chaos as paid Blue checkmarks become available — Elon Musk's mercurial leadership and half-baked product plans are already creating fertile ground for confusion on Twitter.
More:
The Verge, TechCrunch, Ars Technica, The Verge, VICE, Gizmodo, The Week, Bloomberg, Forbes, AppleInsider News, Fortune, Variety, and MobileSyrup
| Kyle Wiggers / TechCrunch: |
More:
Washington Post, Insider, Toronto Star, fpt., and MobileSyrup
Tweets: @elonmusk, @waemd, @mcuban, @esthercrawford, @esthercrawford, @jasonschreier, @elonmusk, @mmasnick, @dangeredwolf, @mkbhd, @mattbinder, @fascinated, @alexvtunzelmann, @enichan, and @mds
| Mark Gurman / Bloomberg: |
Apple limits iOS' AirDrop in China for receiving files from non-contacts to 10 minutes after its use in protests, and plans to change the global default in 2023 — Apple Inc. has limited the AirDrop wireless file-sharing feature on iPhones in China after the mechanism was used by protesters to spread images to other iPhone owners.
More:
MacRumors, AppleInsider, Insider, The Verge, Thurrott, Gizmodo, iPhone Hacks, and iDownloadBlog.com
Tweets: @therealjoshye and @zeyiyang
| Kyle Wiggers / TechCrunch: |
Mem, a work-focused app that uses AI to organize notes, raised $23.5M led by the OpenAI Startup Fund at a $110M valuation, bringing its total funding to $29M — Last year, OpenAI announced the OpenAI Startup Fund, a tranche through which it and its partners, including Microsoft …
More:
The Verge
Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cape:
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Zoho:
App Spotlight: MessageWhiz SMS for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
App Spotlight: MessageWhiz SMS for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Channels with Peter Kafka:
The $12.5 Billion Lakers, the NFL's TV Fight, and Sports Media's Big Split
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.
Big Technology Podcast:
Nick Bostrom: Worries About AI Existential Risk Just Became More Concrete
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.
Training Data:
Rich Sutton and Khurram Javed: Why AI Models Stop Learning, and How to Start It Again
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
Ben Thompson on Big Tech, China, and the AI Boom Running Out of Money
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
OpenAI's Head of Design: This is the best time in history to be a designer | Ian Silber
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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 4:23 PM ET, November 10, 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.
From Mediagazer
Katie Robertson / New York Times:Michael McCarthy / Front Office Sports:
Suzanne Rowan Kelleher / Forbes:
Upcoming Tech Events
Earlier Picks
| Sara Fischer / @sarafischer: |
More:
Vox, Adweek, BuzzFeed News, Axios, and Engadget
Tweets: @mshannahmurphy, @nandoodles, @justinhendrix, and @oneunderscore__