Techmeme
November 14, 2022, 5:55 AM

Top News

Casey Newton / @caseynewton:
Sources: Twitter cut ~4,400 of its ~5,500 contract staff on November 12, which is expected to significantly impact content moderation and core infrastructure  —  Update: company sources tell me that yesterday Twitter eliminated ~4,400 of its ~5,500 contract employees, with cuts expected to have significant impact to content moderation and the core infrastructure services that keep the site up and running. People inside are stunned.
Nikhilesh De / CoinDesk:
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement  —  FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request.  —  Crypto exchange FTX was not required …
Financial Times:
Bradley Saacks / Semafor:
CoinDesk:
More: Decrypt, Neowin, CoinDesk, The Playback …, CryptoSlate, Elliptic Connect, Watcher Guru, Off Beat, crypto.news, Low Risk Rules, Inside Bitcoins, SlashGear, Cryptopolitan, The Topic.Ai, Finbold, Coinpedia Fintech News, The Verge, New York Times, and Security Affairs
Tweets: @_ryne_miller, @jump_, @c7five, @_ryne_miller, @elonmusk, @0xfoobar, @willmacaskill, @stephen_geiger, @meghankreynolds, @concodanomics, @elonmusk, @zachxbt, @robdenbleyker, @bgurley, @zachxbt, @devchart, @autismcapital, @phil_lewis_, @vydamo_, @rezendi, @marquardtglobal, @yoda, @johnlevenstein, @adam_k_levin, @hackenclub, @alex, @0xtre, @levie, @zachxbt, @autismcapital, @levie, @dsquareddigest, @edzitron, @vitalikbuterin, @joshtpm, @milkroaddaily, @mudit__gupta, @grdecter, @spreekaway, @dogetoshi, @im_goomba, @wublockchain, @wallstreetsilv, @cryptoub, @grady_booch, @edvis100, @autismcapital, @caseynewton, @davidmweissman, @kuroxlb, @carnage4life, @rmac18, @0xfoobar, @matthew_d_green, @cd_hooks, @asanwal, @0xfoobar, @alexhern, @lookonchain, @cz_binance, @profjeffjarviss, @harryh, @jchervinsky, @menlobear, @dollarsanddata, @travisyost, @mattballen4791, @edzitron, @milesjennings, @weldpond, @ericjackson, @grdecter, @mathewi, @cgasparino, @gergelyorosz, @ashleevance, @jordanschachtel, @cryptodonalt, @justinbennettfx, @ericliptonnyt, @buccocapital, @route2fi, @autismcapital, @7im, @modestproposal1, @davidgokhshtein, @hunterwalk, @teroterotero, @rmac18, @cloud_opinion, @autismcapital, @gordongoner, @zachweinberg, @profjeffjarviss, @wublockchain, @scupytrooples, @gergelyorosz, @carnage4life, @fintechfrank, @erikvoorhees, @marionawfal, @litcapital, @ki_young_ju, @jason, @coinbureau, @nekoztek, @0xfoobar, @conejocapital, @zachxbt, @bantg, @marionawfal, @dylanleclair_, @dmitryopines, @iamdcinvestor, @functi0nzer0, @adamscochran, @mhonkasalo, @autismcapital, @noahpinion, @adamscochran, @219_eth, @cryptovinco, @0xwave, @tradermayne, @crypto_chase, @adamscochran, @iamnoahmiller, @themlpx, @tradermayne, @thedata_nerd, @219_eth, @abu9ala7, @tradermayne, @0xfbifemboy, @davidfbailey, @octal, @valueandtime, @whale_alert, @sassal0x, @jillrgunter, @josephpolitano, @asvanevik, @srpeterseth, @coinmamba, @ryansadams, @msuiche, @mrjasonchoi, @route2fi, @jonwu_, and @minigrogu
Richard Rushfield / The Ankler:
Source: Michael Lewis shadowed Sam Bankman-Fried for the past six months and CAA is pitching Lewis' yet-to-be-written book on FTX's collapse to Hollywood buyers  —  Author compares Sam Bankman-Fried, Binance's CZ to ‘Luke Skywalker and Darth Vader’ in email sent by CAA  —  In this issue:
Sam Reynolds / CoinDesk:
Binance announces a recovery fund to help “otherwise strong” projects facing a liquidity crisis; Justin Sun says Tron, Huobi, and Poloniex will support Binance  —  Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative.
Shaurya Malwa / CoinDesk:
Binance and Huobi block deposits of FTX's native token, FTT, after 192M+ tokens worth ~$400M were released out of schedule and without warning from FTX  —  The tokens were released out of schedule from FTT's main deployer address, with no official explanation.
Molly White / Web3 is going just great:
Crypto.com CEO Kris Marszalek admits the company accidentally sent 320K ETH (~$416M) meant for cold storage to crypto exchange Gate.io, which returned the funds  —  A Twitter user posted Etherscan screenshots showing a massive flow of crypto from the Crypto.com cryptocurrency exchange to another exchange, Gate.io.
Bloomberg:
A profile of Unity CEO John Riccitiello, as he faces criticism for the company's targeted ads, his metaverse ambitions, years of dating the head of HR, and more  —  John Riccitiello was on top of the metaverse.  Last November the chief executive officer of Unity Software Inc. spilled the news …
Lora Kolodny / CNBC:
Sources and docs: Elon Musk's SpaceX orders a large Twitter ad package, promoting Starlink in a “takeover” in Spain and Australia that can cost $250K+ per day  —  - Elon Musk's aerospace business SpaceX just ordered one of the larger advertising packages available from Twitter …
Benj Edwards / Ars Technica:
DeviantArt announces DreamUp, a text-to-image generator based on Stable Diffusion, drawing intense criticism from its artist community  —  Confused artists discover their work will be used for AI training by default.  —  On Friday, the online art community DeviantArt announced DreamUp …
Aisha S Gani / Bloomberg:
Seeking to diversify its revenue streams, Klarna launches a price comparison tool in the US, UK, and Nordics; Klarna acquired PriceRunner for ~$125M in 2022  —  Klarna has rolled out a search and compare tool in the UK and Nordics as the fintech looks to diversify its revenue away from buy-now …

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Brightspot:
Is your CMS solving your content problems, or creating new ones?  —  In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
Sastrify:
SaaS Prices Are Going Up.  Here's Why (And What You Can Do about It)  —  From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.
Zoho:
How Zoho Sign makes paperwork easy for enterprises  —  With today's rapidly advancing technology, everything from how we communicate to how we pay our bills can be carried out digitally.
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Techmeme Ride Home:
Tue. 01/31 - Weird Gaming News
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 5:55 AM ET, November 14, 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

Adrienne LaFrance / The Atlantic:

Earlier Picks