November 18, 2022, 7:35 PM

Top News

Elon Musk / @elonmusk:
[Thread] Elon Musk says a “new Twitter policy” will deboost and demonetize “negative/hate tweets” and reinstates Kathy Griffin, Jordan Peterson, and Babylon Bee  —  New Twitter policy is freedom of speech, but not freedom of reach. Negative/hate tweets will be max deboosted & demonetized, so no ads or other revenue to Twitter. You won't find the tweet unless you specifically seek it out, which is no different from rest of Internet.
Yoel Roth / New York Times:
Twitter's ex-head of Trust & Safety on why he resigned: a Twitter whose policies are defined by unilateral edict has little need for a trust and safety function  —  Earlier this month, I chose to leave my position leading trust and safety at Elon Musk's Twitter.
New York Times:
Sources: some internal estimates show 1,200+ full-time Twitter employees resigned on November 17; Twitter previously laid off ~3,700 of 7,500 staff  —  Mr. Musk sent emails on Friday asking to learn about Twitter's underlying technology as key infrastructure teams have been decimated.
AJ McDougall / The Daily Beast:
Wall Street Journal:
Sources: ~$300M of $420M from an FTX raise in October 2021 went to SBF in a share sale that he said was partial reimbursement for buying out Binance's stake  —  Cryptocurrency-exchange founder told investors last year that the share sale was partial reimbursement of money he'd spent to buy out rival Binance's stake
Will Douglas Heaven / MIT Technology Review:
Meta AI and Papers with Code pull Galactica three days after launch, amid criticism the large language model for generating scientific text asserts falsehoods  —  Galactica was supposed to help scientists.  Instead, it mindlessly spat out biased and incorrect nonsense.
Sergiu Gatlan / BleepingComputer:
The FBI says the Hive ransomware gang has extorted ~$100M from 1,300+ organizations, including government facilities and public health entities, since June 2021  —  The Federal Bureau of Investigation (FBI) said today that the notorious Hive ransomware gang has successfully extorted roughly $100 million …
Alex Harring / CNBC:
LGBTQ dating app Grindr closed up 213.84% at $36.50 per share in its NYSE debut under the new ticker GRND following its SPAC merger  —  - Grindr surged in trading Friday in its first day under a new ticker following its merger with blank-check company Tiga.
The Verge:
More: New York Times, Fortune, Washington Post, CNN, Bloomberg, Reuters, The Guardian, The Block, iMore, Politico, Bloomberg, NPR, Wall Street Journal, Reuters, San Francisco Chronicle, The Register, Gizmodo, Insider, Forbes, Wall Street Journal, Quartz, Bloomberg, London Evening Standard, Read Max, CNBC, Ars Technica, Search Engine Land, Fox News, SlashGear, BBC, Polygon, Android Central, KnowTechie, Tech Xplore, Android Headlines, CoinGape, Protocol, Daring Fireball, Fear and Loathing …,, Tom's Guide, and New York Post
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UST's May 2022 collapse caused a liquidity crunch that FTX and Alameda tried to counter with 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
US Citizenship and Immigration Services data shows Twitter had nearly 300 people approved to work on H-1B visas in FY 2022, while Meta had over 1,300  —  Twitter employees who are relying on the company for work visas have been left in limbo, finding themselves at the whims of its new billionaire owner …

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