November 17, 2022, 8:30 PM

Top News

The Verge:
Hundreds of Twitter employees post farewell messages and salute emojis in Slack and tweets, announcing their resignations after Elon Musk's “hardcore” ultimatum  —  Musk gave Twitter staff a deadline to say if they are staying for his cultural reset of the company.
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 gave Twitter Inc. employees an ultimatum to either commit to the company's new “hardcore” work environment or leave.
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.
More: Bankruptcy Court for the District of Delaware, CNBC, Reuters, New York Times, Attack of the 50 Foot …, Protos, Axios, Reuters, Securities Commission of The Bahamas, Associated Press, CNBC, Financial Times, Bankruptcy Court for the District of Delaware, Barron's Online, TechCrunch, Fortune, Semafor, TIME, CNBC, Financial Times, Chicago Tribune, WRAL TechWire, BBC, NewsBTC, Cointelegraph, The Guardian,, VICE, CNET, Observer, SiliconANGLE,, Insider, Crypto Briefing, and MarketWatch
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 …
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
Annie Palmer / CNBC:
Amazon CEO Andy Jassy says the layoffs will continue into 2023, after the company cut roles across its Devices and Books businesses on Wednesday  —  KEY POINTS  — Amazon will continue to lay off employees in the coming year, CEO Andy Jassy wrote in a memo to workers on Thursday.
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 …
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.
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 …
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.
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
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.
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 …
Adam Cochran / @adamscochran:
[Thread] A timeline of FTX's meltdown, starting from September 30: SBF's jab at CZ, CoinDesk's article, CZ sells FTT, “FTX is fine”, Alameda woes, and more  —  1/82 I'll be pinning this detailed timeline, as my final piece covering this topic, as now the case is closed in my mind. This was a crime plain and simple and I'll put no more wind in this criminals sails: FTX: Meltdown. The definitive and chronological thread.

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