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November 14, 2022, 5:05 PM
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| Karen Weise / New York Times: |
Sources: Amazon plans to cut ~10,000 corporate and tech jobs, or ~3% of its corporate staff and the largest cuts in its history, starting as soon as this week — 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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Tweets: @ranimolla, @joshuaphilll, @kittypurrzog, @jordynjournals, @fgoria, @tomgara, @shayxonline, @deitaone, @samro, @ldrogen, @samro, @aishagani, @carnage4life, and @kyweise
| Sam Reynolds / CoinDesk: |
Binance announces a recovery fund to help “otherwise strong” crypto projects in a liquidity crisis; Tron, Huobi, and Poloniex plan to support the initiative — Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative.
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| Nic Carter / CoinDesk: |
The fallout from FTX's fraud-driven collapse, the worst single event ever in crypto, will linger for years and shows it's time for exchanges to prove 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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| Brian Fung / CNN: |
Jeff Bezos says he plans to give away most of his $124B in his lifetime, but offers few specifics; critics have chided Bezos 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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| Matt Levine / Bloomberg: |
An analysis of FTX's nightmare balance sheet and Serum, an FTX-created coin and protocol, marked as the largest “deliverable” asset at ~$5.4B before November 8 — The box — There is so much, but I want to start with Serum. — If a troubled company has a few days …
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Wall Street Journal, TheStreet, Ethereum World News, and DCD
Tweets: @tcarmody, @jeremylittau, @anildash, @davemcclure, @mmasnick, @arpitrage, and @smdiehl
| Cecilia Kang / New York Times: |
Google agrees to a record $391.5M privacy settlement with 40 state AGs over charges the company misled users into thinking they had disabled location tracking — Under the agreement, which state attorneys general said was the largest U.S. internet privacy settlement, Google must …
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doj.state.or.us, CT.gov, Gizmodo, AppleInsider, Insider, International Business Times, The Guardian, The Verge, 9to5Google, CNN, Bloomberg, Financial Times, Protocol, Android Authority, TechCrunch, NPR, Associated Press, State of Michigan, The Record, BleepingComputer, Wall Street Journal, Engadget, Reuters, Axios, Oregonian, CNBC, SlashGear, WRAL TechWire, and Near Media
Tweets: @1br0wn, @agellison, and @jason_kint
| Reuters: |
Investigation: thousands of iOS and Android apps, including by the CDC, the US Army, the NRA, and Unilever, used Russia-based Pushwoosh's tech 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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Computerworld, Gizmodo, Metacurity, AppleInsider, Slashdot, Appuals.com, 9to5Mac, Pushwoosh, and PCMag
Tweets: @pearswick, @mxbernhard, @pearswick, @pearswick, @stick631, @kimzetter, @pearswick, @razhael, and @davidalexander5
| Abner Li / 9to5Google: |
Google launches Health Connect in beta on the Play Store with partners including Peloton, Oura, Flo, MyFitnessPal, and Samsung, after months in “early access” — Google announced Health Connect in May at I/O 2022, and recent months have seen more apps support it.
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Android Developers Blog, Engadget, TechRadar, Neowin, TechCrunch, The Verge, Wccftech, and Droid Life. Tweets: @mishaalrahman
| Lora Kolodny / CNBC: |
Sources and docs: Elon Musk's SpaceX spent $160K+ so far on a Twitter ad package to promote Starlink in Spain and Australia in a “takeover” of the main timeline — - Elon Musk's aerospace business SpaceX just ordered one of the larger advertising packages available from Twitter …
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Ars Technica, Bloomberg, VICE, SlashGear, CNN, Gizmodo, 9to5Mac, Coinspeaker, Reuters, MobileSyrup, PCMag, WRAL TechWire, Insider, Watcher Guru, Mashable, Neowin, Notebookcheck.net, CoinGape, and City A.M.
Tweets: @elonmusk, @lorakolodny, @drewharwell, @rmac18, @mslopatto, @docadam, @iseff, @bethbourdon, @embryethan, @blackstemusa, @owillis, @filippie509, @maplecocaine, @axellycan, @walkerbragman, @mrstuartforrest, @andylevy, @david_j_roth, @john_hempton, @lorakolodny, @johndiesattheen, @jordanzakarin, @jason_kint, and @shannonmstirone. Thanks:@mattrosoff
| Richard Rushfield / The Ankler: |
Source: Michael Lewis shadowed Sam Bankman-Fried for the past six months and the CAA is pitching Lewis' yet-to-be-written book on FTX's fall 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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Mercury News, MacroCrunch, Philip Elmer‑DeWitt, Benzinga, Gizmodo, Forbes, Daily Mail, Telegraph, The Overspill, and CoinGape
Tweets: @janicemin, @lilmoonlambo, @loganbartlett, @janicemin, @trungtphan, @epsilontheory, @newley, @pkedrosky, @dogetoshi, @olivianuzzi, @kjhealy, @bondhack, @film_girl, @caitlinlong_, @mhonkasalo, @degenspartan, @functi0nzer0, @fredbenenson, @ben_mckenzie, @benjysarlin, @smtuffy, and @silvermanjacob
| Brad Stone / Bloomberg: |
Sequoia's mishandling of its 14,000-word SBF profile by journalist Adam Fischer and then deleting it served no purpose other than to embarrass everyone involved — 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
Tweets: @morningdewcap, @kylebrussell, @arashmassoudi, @markmilian, @bradstone, @hansmahncke, @rafat, @shonaghosh, @ericjang11, @chafkin, @grdecter, @juddlegum, @thestalwart, @ericnewcomer, @carnage4life, @yoda, @hardmaru, @heidikahkonen, @ashleevance, @business, @jeffjohnroberts, @katierosman, and @crypto
| Josh Eidelson / Bloomberg: |
Interviews with dozens of Apple Store employees across nine US cities show rising dissatisfaction due 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 … | Natasha Lomas / TechCrunch: |
Source: Twitter is no longer fulfilling key prerequisites for it to claim Ireland as its “main establishment” under the EU's GDPR, following execs' departures — Next stop: Regulatory hell? — Helmed by erratic new owner Elon Musk, Twitter is no longer fulfilling key obligations required …
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The Irish Times and Android Headlines
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