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November 17, 2022, 5:05 PM

Top News

Jack Schickler / CoinDesk:
Filings: FTX CEO John Ray III, who ran Enron's bankruptcy process, slams SBF's “unprecedented” management, describing a “complete failure of corporate controls”  —  The former FTX CEO's unconventional style is under the spotlight as bankruptcy professionals pore over the exchange's collapse.
Tracy Alloway / Bloomberg:
The wildest parts of FTX's bankruptcy filing: its token holdings are worth $659K, Alameda loaned SBF $3.3B, SBF auto-deleted messages about decisions, and more  —  Lawyers for the bankrupt crypto exchange FTX filed today in Delaware, asking a federal judge to transfer a competing bankruptcy case filed …
Kelsey Piper / Vox:
A chat via DM with SBF on why regulators “make everything worse”, FTX's and Alameda's “messy accounting”, why he regrets filing for bankruptcy, ethics, and more  —  The fallen crypto CEO on what went wrong, why he did what he did, and what lies he told along the way.
Adam Cochran / @adamscochran:
Wall Street Journal:
Sources: Meta has fired or disciplined over 24 employees and contractors over the past year for allegedly taking over user accounts, in some cases for bribes  —  Some workers allegedly accepted thousands of dollars in bribes  —  Meta Platforms Inc. META -2.31%decrease …
Aisha Malik / TechCrunch:
Google announces updates to Search, to help users find dishes near them, Maps, with an expanded Live View, and Shopping, adding AR tools for makeup matching  —  Google announced today that it's introducing a slew of new Maps, Search and Shopping features.  The company revealed majority …
Mitchell Clark / The Verge:
An update to the About Twitter Blue page shows accounts less than 90 days old won't be able to sign up when the service relaunch, presumably on November 29  —  Twitter won't let accounts less than 90 days old sign up for its Blue subscription service when it relaunches (presumably on the 29th) …
Thomas Germain / Gizmodo:
Facebook plans to remove religious views, political views, addresses, and “Interested in”, which indicates sexual preference, from user profiles on December 1  —  The update to the world's biggest social network will prevent you from broadcasting certain details in your bio, a farewell to the early days of social media.
Tony Romm / Washington Post:
Congress, slow to pass legislation and offer clear regulations on crypto, wakes up to FTX's collapse as lawmakers wonder if they could have prevented the crisis  —  The stunning collapse of the world's third-largest exchange has forced politicians to grapple with the costs of legislative inaction
Jon Porter / The Verge:
Meta launches its company directory on WhatsApp's Business Platform in Brazil, the UK, Indonesia, Mexico, and Colombia after a September 2021 pilot in São Paulo  —  WhatsApp is officially launching a new business directory feature across Brazil, the UK, Indonesia, Mexico, and Colombia.
Casey Newton / Platformer:
A Twitter HQ seating chart shows Elon Musk's top five special projects: Blue verified, Blue for business, encrypted DMs, tips on tweets, and longform notes  —  After demanding the remaining Twitter employees pledge their loyalty, Musk's product priorities are coming into focus  —  I. Extremely hardcore
Bloomberg:
Sources: Elon Musk softens his remote work stance and tries to convince colleagues to stay, as more than anticipated opt to leave ahead of his 5pm ET deadline  —  Elon Musk's deadline for Twitter Inc. employees to either commit to the company's new “hardcore” work environment or leave is approaching.
Bloomberg:
NetEase and Blizzard plan to end their 14-year partnership after January 2023, leaving Chinese players' access to games like Warcraft and Overwatch in question  —  NetEase Inc. and Blizzard Entertainment Inc. plan to end their 14-year partnership after January, depriving the Chinese firm …
Pew Research Center:
A survey of US teens on social media: 80% feel closer to friends, 71% like showing creativity, 59% think its impact is neutral, and 38% are overwhelmed by drama  —  Majorities of teens credit social media with strengthening their friendships and providing support while also noting the emotionally charged side of these platforms
Russell Brandom / The Verge:
An analysis of 22K US broadband bills shows issues like a higher average cost than in Europe at ~$75/month, most have no carrier choice, bogus charges, and more  —  The Verge and Consumer Reports collected 22,000 internet bills to find out how Americans are getting online.  They paint an ugly picture.
Aisha Malik / TechCrunch:
TikTok begins testing its research API, announced in July, with members of its Content and Safety Advisory Councils, and is working on a content moderation API  —  Earlier this year, TikTok announced that it's developing a research API to improve access to public and anonymized data about content and activity on its app.
More: TikTok and Adweek

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