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November 14, 2022, 3:05 PM
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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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Tweets: @ranimolla, @kittypurrzog, @jordynjournals, @tomgara, @samro, @samro, @shayxonline, @aishagani, @fgoria, @deitaone, @ldrogen, @carnage4life, 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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Tweets: @cz_binance, @cz_binance, @cz_binance, @hodgesmr, @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, CoinGape, CryptoPotato, Bloomberg, Fortune, Trustnodes, and Hacker Noon
| 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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The Independent, TheStreet, Insider, The Verge, BBC, GeekWire, Washington Post, New York Times, The Hill, Livemint, Observer, MobileSyrup, Sky News, CNN, iPhone in Canada Blog, Appuals.com, The Economic Times, Financial Times, TIME, NBC News, TechSpot, CNBC, Fortune, The Wrap, New York Post, Forbes, Axios, Variety, The Guardian, Deadline, Engadget, USA Today, and Tech News
| 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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Mercury News, Benzinga, MacroCrunch, Philip Elmer‑DeWitt, Forbes, Telegraph, Daily Mail, Off to Lunch, Gizmodo, The Overspill, and CoinGape
Tweets: @janicemin, @loganbartlett, @lilmoonlambo, @janicemin, @trungtphan, @epsilontheory, @film_girl, @newley, @pkedrosky, @dogetoshi, @olivianuzzi, @kjhealy, @bondhack, @caitlinlong_, @mhonkasalo, @degenspartan, @functi0nzer0, @fredbenenson, @ben_mckenzie, @benjysarlin, @smtuffy, and @silvermanjacob
| 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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Metacurity, AppleInsider, Computerworld, PCMag, Slashdot, 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 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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Bloomberg, VICE, CNN, Gizmodo, PCMag, 9to5Mac, Los Angeles Times, MobileSyrup, Coinspeaker, Reuters, WRAL TechWire, Insider, Watcher Guru, Mashable, Neowin, CoinGape, Notebookcheck.net, and City A.M.
Tweets: @elonmusk, @lorakolodny, @rmac18, @drewharwell, @lorakolodny, @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
| Matt Levine / Bloomberg: |
Analysis of FTX's calamitous balance sheet and Serum, a coin and protocol created by FTX, 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 … | 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 … | 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
| 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 … | Benj Edwards / Ars Technica: |
DeviantArt announces DreamUp, a text-to-image generator powered by Stable Diffusion, and plans to use its community's art for the AI training, drawing criticism — Confused artists discover their work will be used for AI training by default. — On Friday, the online art community DeviantArt …
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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
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