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November 18, 2022, 8:45 AM

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.
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Tweets: @mosquitocapital, @zoeschiffer, @elonmusk, @kyliebytes, @alexeheath, @elonmusk, @elonmusk, @zoeschiffer, @elonmusk, @alexeheath, @alexeheath, @dimeford, @dmofengineering, @mollyjongfast, @alexeheath, @jenmsft, @karaswisher, @kenchengcomedy, @tweetsbyparker, @scottjshapiro, @alexeheath, @nitashatiku, @hayskali, @mikeisaac, @zoeschiffer, @bgurley, @rmac18, @piersmorgan, @mattbinder, @rickymar49, @gianmarcosoresi, @zoeschiffer, @kyliebytes, @kaderariz, @daithaigilbert, @karaswisher, @cz_binance, @gartenberg, @michaelvirks, @peterclowes, @derflecha, @jenplusplus, @daithaigilbert, @rakyll, @satanjeev, @kazweida, @espiers, @espiers, @shashj, @dmofengineering, @dmitryopines, @over_rated, @roxytall, @alexhern, @snazzyq, @chrislhayes, @frankieboyle, @nettaaaaaaaa, @rmac18, @imbadatlife, @mehdirhasan, @peterbrannen1, @benedictevans, @rk, @augustjpollak, @elonmusk, @jasonschreier, @cryptoterra, @bgurley, @samadlerbell, @hayskali, @grady_booch, @caitlinmoran, @bionca, @gergelyorosz, @jenkirkman, @wongmjane, @redsteeze, @brayniac, @ildannymoore, @salehamohsin, @elibelly, @benedictevans, @gergelyorosz, @jasonschreier, @knrd_z, @ericyamane, @pwnallthethings, @elienyc, @goodpoliticguy, @esqueer_, @turmshrub, @akaeljefe, @mtracey, @wholemarsblog, @saberspark, @gergelyorosz, @markos, @drwhomoment, @sacca, @kng, @benthompson, @marcoarment, @neilcybart, @zackbornstein, @goldengateblond, @alexeheath, @cwarzel, @parkermolloy, @alexeheath, @wickman, @buccocapital, @chrisalbon, @aoc, @kofie, @g4ys0n, @mirpuris, @joannastern, @zhiheng_zhang, @kyliebytes, @carnage4life, @seyitaylor, @neilcybart, @gergelyorosz, @rahaeli, @denise_dewald, @avi_bueno, @reckless, @tom_winter, @peterjukes, @alexvoica, @aoc, @nexqal, @neilcybart, @eliothiggins, @carnage4life, @sarahfrier, @patrick_wyman, @chadloder, @jaredlholt, @0xfoobar, @espiers, @carnage4life, @daveleeft, @b52malmet, @wholemarsblog, @grady_booch, @jbarro, @esqueer_, @pwnallthethings, @junlper, @mazmhussain, @djrothkopf, @johnfugelsang, @brndxix, @steinkobbe, @popcrave, @jon_prosser, @travisakers, @reckless, @hayskali, @elonmusk, and @billym2k
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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Jon Porter / The Verge:
Wall Street Journal: