November 14, 2022, 1:55 PM

Top News

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.
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.
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.
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?
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:
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 …
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 …
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...
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 …
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 …

Sponsor Posts
Free compensation benchmarking data from 3,000 startups  —  Search by job title and get FREE access to market pay data.  Paid version helps HR teams automate comp reviews and communicate total compensation to employees.
Personalized wealth management, built for tech people  —  Managing your finances and taxes is complicated.  Compound is how people at companies like Stripe, OpenAI, and Discord make smart decisions about their money.
Why Zoho Sign is a great alternative to Adobe Acrobat Sign  —  At Zoho, we build products from the ground up that offer unmatched value to users.  Our vision is to serve as the operating system for business …
Unlock a new pipeline channel: your existing customers  —  With tightening budgets, Lantern helps B2B companies drive more qualified leads and expand existing business.
Techmeme Ride Home:
(IHP) She Gave The World A Billion AOL CDs
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 1:55 PM 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

Earlier Picks

Casey Newton / @caseynewton:
Nikhilesh De / CoinDesk:
Molly White / Web3 is going just great: