November 14, 2022, 10:15 PM

Top News

Kurt Wagner / Bloomberg:
Elon Musk has fired at least a couple of engineers who have publicly criticized him on Twitter, in one case announcing the firing in a tweet  —  Twitter Inc. owner Elon Musk, who has called himself a “free speech absolutist,” has resorted to firing company engineers who publicly criticize him on the social-media service.
Casey Newton / Platformer:
A look at a doc from Twitter's trust and safety team on Nov. 1 that detailed how the new Blue subscription could be abused, largely ignored in a rush to launch  —  Employees and advertisers keep warning him about the risks of changes he's making to Twitter — but he's not listening
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.
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 …
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.
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.
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 …
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?
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.
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 …
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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