Techmeme
November 18, 2022, 8:45 AM

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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.
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AJ McDougall / The Daily Beast:
Sources: Twitter disables badge access and shuts down offices until November 21, reportedly fearing “sabotage”, after a large number of staff chose to resign  —  The temporary closure of the company's offices comes as the billionaire is reportedly “terrified employees are going to sabotage the company.”
Bloomberg:
Sources: Elon Musk softens his remote work stance and tries to convince colleagues to stay, as more than anticipated opt to leave following 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.
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 …
Nansen:
An in-depth look at FTX and Alameda shows UST's collapse in May increased their reliance on FTT, leading to $4B outflows from Alameda to FTX in June and July  —  mins  —  Nansen's research team dives into the collapse of Alameda and FTX using blockchain analytics  —  Key Takeaways
Jack Schickler / CoinDesk:
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.
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) …
Casey Newton / Platformer:
Financial Times:
Analysis: Masayoshi Son personally owes SoftBank close to $5B due to its growing losses; his stake in the Vision Fund 2 is worthless, down from $2.8B in 2021  —  Market crash also wipes out value of Japanese founder's stake in second Vision Fund  —  Masayoshi Son personally owes SoftBank close …
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.

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