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November 14, 2022, 2:00 PM
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memeorandum
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| Karen Weise / New York Times: |
Sources: Amazon plans to lay off ~10,000 people in corporate and tech jobs, or ~3% of its corporate staff, as soon as this week, the largest cuts in its history — The job cuts of approximately 10,000, which would start as soon as this week, would focus on the company's devices organization, retail division and human resources.
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CNBC, Bloomberg, New York Post, The Information, DCD, The Verge, CNET, The Economic Times, Washington Post, The Guardian, San Francisco Business Journal, Fortune, GeekWire, Insider, Reuters, Financial Times, MobileSyrup, WRAL TechWire, Variety, City A.M., Slashdot, and Tech News
Tweets: @ranimolla, @jordynjournals, @tomgara, @samro, @samro, @shayxonline, @aishagani, @carnage4life, @fgoria, @deitaone, @ldrogen, and @kyweise
| 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.
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Reuters, The Guardian, SiliconANGLE, Fortune, The Block, PYMNTS.com, CNN, CryptoSlate, Financial Times, Forbes, Livemint, CryptoPotato, The Daily Hodl, Decrypt, Ethereum World News, ZyCrypto, and Bloomberg
Tweets: @cz_binance, @cz_binance, @cz_binance, @mfariacastro, @iamdcinvestor, @dylanleclair_, @wallstreetsilv, @michaelxpettis, @concodanomics, @profkatejudge, @cryptomichnl, @stevenkelly49, @romanchukbrian, @josephpolitano, @silvermanjacob, @thestalwart, @edzitron, @statelayer, @billbarhydt, @versusbtc, @justinsuntron, @lmartods, @kyle_chasse, @poloniex, @hsakatrades, @smtuffy, @kimdotcom, @birdyword, @benedictevans, @myprasanna, @marionawfal, @degenspartan, @functi0nzer0, @grady_booch, @smtuffy, @chainlinkgod, @northrocklp, @simondixontwitt, @coryklippsten, @cryptowendyo, and @florianederer
| Nic Carter / CoinDesk: |
FTX's horrific collapse, the worst single event ever in crypto, will linger for years and shows why the industry needs to get serious about proving reserves — Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.
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CoinDesk, The Block, The Block, Bloomberg, Fortune, Trustnodes, Hacker Noon, and Crypto Daily
| Brian Fung / CNN: |
Jeff Bezos says he plans to give away the majority of his $124B net worth, but offers few specifics; Bezos has been criticized for not signing the Giving Pledge — Exclusive: Amazon founder Jeff Bezos says he'll give away his wealth — Twitter users are flocking to Mastodon. What is it?
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The Verge, BBC, GeekWire, Livemint, The Hill, Washington Post, New York Times, Observer, MobileSyrup, The Economic Times, iPhone in Canada Blog, The Guardian, Engadget, Financial Times, Sky News, Appuals.com, TechSpot, USA Today, CNN, NBC News, Fortune, The Wrap, CNBC, TIME, New York Post, Forbes, Axios, Variety, Deadline, Coinspeaker, Insider, Tech Xplore, Tech News, and SlashGear
| 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:
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Benzinga, MacroCrunch, Philip Elmer‑DeWitt, Forbes, Telegraph, Daily Mail, Off to Lunch, Gizmodo, The Overspill, CoinGape, and Fortune
| Reuters: |
An investigation finds thousands of iOS and Android apps, including from the CDC and US Army, used Russia-based tech company Pushwoosh's code for notifications — Thousands of smartphone applications in Apple (AAPL.O) and Google's (GOOGL.O) online stores contain computer code developed …
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Metacurity, AppleInsider, Computerworld, PCMag, Appuals.com, 9to5Mac, and Pushwoosh
Tweets: @pearswick, @mxbernhard, @pearswick, @pearswick, @stick631, @kimzetter, @pearswick, @razhael, and @davidalexander5
| 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 …
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Bloomberg, VICE, CNN, Gizmodo, PCMag, 9to5Mac, WRAL TechWire, Los Angeles Times, MobileSyrup, Watcher Guru, Coinspeaker, Reuters, Insider, Mashable, Neowin, Notebookcheck.net, CoinGape, and City A.M.
Tweets: @elonmusk, @lorakolodny, @lorakolodny, @rmac18, @drewharwell, @mslopatto, @docadam, @iseff, @bethbourdon, @embryethan, @blackstemusa, @owillis, @filippie509, @maplecocaine, @axellycan, @walkerbragman, @mrstuartforrest, @andylevy, @shannonmstirone, @david_j_roth, @john_hempton, @jason_kint, @johndiesattheen, and @jordanzakarin. Thanks:@mattrosoff
| Brad Stone / Bloomberg: |
Sequoia's 14,000-word SBF profile by journalist Adam Fischer was mishandled and, since being deleted, has served no purpose other than to embarrass the firm — A now-infamous profile of the fallen FTX founder illustrates the predictable dangers of corporate content creation. But first...
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TechCrunch and New York Times
| Josh Eidelson / Bloomberg: |
Interviews with dozens of Apple Store employees in nine US cities show rising dissatisfaction thanks to increasing pressure to upsell, leading some to unionize — The Apple Store where you'll do some holiday shopping this year looks the same as always. White-oak tables in neat rows welcome … | Cecilia Kang / New York Times: |
Google agrees to a record $391.5M privacy settlement with a coalition of 40 state AGs over charges it misled users into thinking they disabled location tracking — Under the agreement, which state attorneys general said was the largest U.S. internet privacy settlement … | 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 …
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Garbage Day, Engadget, New York Post, Music Ally, TechCrunch, Kotaku, and PCMag
Tweets: @deviantart, @svltart, @deviantart, @ianfayart, @arvalis, @elonjames, @geneljumalon, @ricecorpse, @wickedinsignia, @snuffles, and @andantonius
| Andrew Asmakov / Decrypt: |
Binance plans to implement a new Proof-of-Reserves protocol developed by Ethereum co-founder Vitalik Buterin after sharing a snapshot of its wallets last week — As the FTX collapse highlighted the urgency for more transparency among crypto exchanges, Chanpeng “CZ” Zhao said Binance is working … Sponsor Posts
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| Nikhilesh De / CoinDesk: |
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