| Sunil Jagtiani / Bloomberg: |
Crypto prices sink, with bitcoin dropping ~4% to ~$16.1K and ether ~7% to ~$1.1K, dragged down by the FTX saga, hacker offloading ether, and potential contagion — Cryptocurrency prices struggled Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried's once powerful FTX empire.| Stephanie Murray / The Block: |
DCG's Grayscale refuses to share proof of reserves, citing “security concerns”, as Grayscale Bitcoin Trust reaches new lows and DCG's Genesis halts withdrawals — Grayscale will not show proof of reserves due to “security concerns,” after its bitcoin and ether products fell to all-time lows this week.| Alex Weprin / The Hollywood Reporter: |
The Walt Disney Company's board announces Bob Chapek will step down as CEO and be replaced by Bob Iger for two years effective immediately; stock jumps 8%+ — Disney's board of directors announced the move Sunday evening.| Mark Niquette / Bloomberg: |
Donald Trump says he sees “a lot of problems at Twitter”, doesn't see any reason to return, and plans to stick to Truth Social — Donald Trump said he sees “a lot of problems at Twitter” and will stick to his own social-media platform, offering an initial response to Elon Musk's poll … | Matt Novak / Gizmodo: |
In a tweet reply, Elon Musk says Alex Jones will not be unbanned as he has “no mercy for anyone who would use the deaths of children for gain, politics or fame” — Keeping the Sandy Hook conspiracy theorist off Twitter is personal for Musk. — Alerts| Paul Tassi / Forbes: |
Twitter's automated copyright strike system appears to be broken, as users upload full movies; some accounts with viral tweets were later suspended — While Twitter, the website, remains online and has not simply collapsed after the vast majority of workers were fired or resigned under Elon Musk … | Mark Gurman / Bloomberg: |
Elon Musk's changes at Twitter threaten to set up a showdown with Apple and Google over in-app purchases for subscriptions and content moderation issues — Elon Musk's plan to turn Twitter into more of a subscription service threatens to set up a showdown with Apple and Google.| Alexa Corse / Wall Street Journal: |
Elon Musk's Twitter starts the FIFA World Cup, traditionally one of the platform's busiest periods, with a depleted staff, potentially leading to serious issues — Employees have been working for weeks to prepare for the soccer extravaganza, a Twitter executive says| Bloomberg: |
Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each — Sam Bankman-Fried's bankrupt crypto empire owes its 50 biggest unsecured creditors a total of $3.1 billion, new court papers show, with a pair of customers owed more than $200 million each.| Washington Post: |
US government officials worry over Twitter's potential demise, arguing the platform is one of the most effective emergency communication tools — LOS ANGELES — Kate Hutton was watching a Dodgers game one Friday night when she saw something strange in the outfield: The foul poles swayed, her TV feed trembled.| New York Times: |
Online sports betting companies are cutting big deals with US colleges to promote gambling to students, like Caesars Sportsbook's $8.4M deal with Michigan State — In order to reap millions of dollars in fees, universities are partnering with betting companies to introduce their students and sports fans to online gambling.| Maria Deutscher / SiliconANGLE: |
Meta rolls out its Precision Time Protocol to its data centers, upgrading on the Network Time Protocol, aiming to sync its networks down to nanoseconds — Meta Platforms Inc. today detailed an internal initiative years in the making that focused on upgrading its data centers' timing protocol …
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| Bloomberg: |
| David Yaffe-Bellany / New York Times: |
| Hannah Murphy / Financial Times: |
| Adam Smith / Code Faster with Kite: |
| Jay Peters / The Verge: |
| James B. Stewart / New York Times: |