|
November 8, 2022, 7:35 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| Changpeng Zhao / @cz_binance: |
Binance CEO Changpeng Zhao says the company signed a non-binding letter of intent to acquire FTX.com and help cover its liquidity crunch, pending due diligence — This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
More:
coinbase.com, New York Times, Financial Times, Bloomberg, Semafor, Bloomberg, TheStreet, The Block, Blockworks, Australian Financial Review, CoinDesk, Decrypt, TechCrunch, The Block, The Information, Ed Zitron's Where's Your Ed At, CNBC, Cointelegraph, Reuters, Forbes, Wall Street Journal, Fortune, Crunchbase News, BTC Times, The Daily Hodl, Mashable, BetaKit, VentureBeat, Quartz, NewsBTC, PYMNTS.com, Dexerto, Politico, Bitcoin News, and ZyCrypto
Tweets: @sbf_ftx, @cz_binance, @cz_binance, @shaanvp, @sbf_ftx, @ericnewcomer, @sbf_ftx, @thestalwart, @wassielawyer, @fintwit_news, @danprimack, @sbf_ftx, @lizrhoffman, @arthur_0x, @robinwigg, @ftx_official, @chrisfralic, @hsakatrades, @danprimack, @sbf_ftx, @ranjanxroy, @lizrhoffman, @tuurdemeester, @wallstreetsilv, @sbf_ftx, @robinwigg, @wallstreetsilv, @carnage4life, @hodlkryptonite, @julianhosp, @otteroooo, @cryptohayes, @lizrhoffman, @algodtrading, @spreekaway, @marketsmeowmeow, @hodlkryptonite, @cobie, @cobie, @tier10k, @autismcapital, @evan_lorenz, @stackhodler, @elliotrades, @asvanevik, @cryptoharry_, @bondhack, @coffeebreak_yt, @odell, @lex_node, @stoolpresidente, @matthewstoller, and @bongcapital
| Tanaya Macheel / CNBC: |
Coin Metrics: on Tuesday, bitcoin fell 12.6% to $18,203 and briefly hit $17,300.80, its lowest level since November 2020; ether dropped 18.2% to $1,311.50 — Follow your favorite stocksCREATE FREE ACCOUNT — WATCH NOW — FTX token plunges as Binance steps in to buy the crypto exchange's non-U.S. unit: CNBC Crypto World
More:
Reuters, TheStreet, CoinDesk, The Block, Decrypt, Blockworks, NewsBTC, CryptoSlate, Amy Castor, Neowin, and Gizmodo
| Angus Berwick / Reuters: |
In a message to staff, FTX CEO Sam Bankman-Fried says withdrawals on FTX.com are “effectively paused” after FTX saw ~$6B of net withdrawals in 72 hours — Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message …
More:
CoinDesk, Newcomer, CNBC, VICE, TechCrunch, Bitcoin News, and Cointelegraph
Tweets: @sbf_ftx, @sbf_ftx, @felixsalmon, @crypto_bitlord7, and @thecryptodaddi
| Sam Reynolds / CoinDesk: |
FTX's FTT token drops below $5, down ~80% in the past 24 hours, as crypto investors fear possible contagion from the collapse of FTX-linked Alameda Research — The FTT price has declined nearly 14% over the past 24 hours, with Solana's SOL and Serum's SRM taking losses along with bigger cryptocurrencies like bitcoin and ether.
More:
BitDAO, The Information, NBC News, Bloomberg, The Block, Blockworks, Politico, TheStreet, Bitcoinist.com, Cointelegraph, CoinDesk, and The Block
Tweets: @cz_binance, @benbybit, @starokg, @carolinecapital, @cryptomanran, @alex_valaitis, @vetlelunde, @lookonchain, @milesdeutscher, @cz_binance, @claritytoast, @wublockchain, @wublockchain, @mdudas, @sheldon_sniper, @dogetoshi, @garyblack00, @emperorbtc, @mikeburgersburg, @milesdeutscher, @thecryptolark, @fintechfrank, @inmortalcrypto, @algodtrading, @bull_bnb, @wizardofsoho, @kacjons, and @cryptodonalt
| Daniel Kuhn / CoinDesk: |
How Binance exacerbated a bank run on FTX before offering to acquire the company, and why the potential deal represents a meteoric fall for Sam Bankman-Fried — Binance, after exacerbating a bank run on rival crypto exchange FTX, offered to buy out the jewel in SBF's crown. — By Daniel KuhnLayer 2
More:
Bloomberg, Blockworks, Decrypt, xuanling11's Free Newsletter, Web3 with TPan, Wccftech, CryptoSlate, NewsBTC, The Block, Observer, and Fortune
Tweets: @lucasnuzzi, @silvermanjacob, and @coindesk
| Jay Peters / The Verge: |
Twitter plans to label select accounts “Official” when the new Blue launches; not all previously verified accounts will get the label, which won't be for sale — Twitter is rolling out another type of check mark to help distinguish accounts that users actually need to know are real.
More:
XDA Developers, CNET, 9to5Mac, TechCrunch, Reuters, CNBC, Comic Book, and SlashGear
Tweets: @esthercrawford, @esthercrawford, @esthercrawford, @caseynewton, @bborrman, @mattdpearce, @carnage4life, @parkermolloy, @mistresssnowphd, @dansinker, @legacykillahd, @jezcorden, @nanjala1, @tcarmody, @hunterwalk, @beijingpalmer, @un_a_valeable, @amyhoy, @urbanachievr, @ozkaterji, @jbillinson, @nbashaw, @kevinmarks, @epro, @0kbps, @mattdpearce, @jeffveillette, @bryandfischer, @evacide, @can, @oalexanderdk, @stevebartlettsc, @dcseifert, @muellershewrote, @zoeschiffer, @dcseifert, @kristoforlawson, @kurtwagner8, @rmac18, and @mshannahmurphy
| Casey Newton / Platformer: |
More:
Compact Magazine, Techdirt, Mashable, Insider, Financial Times, Phandroid, CNBC, Social Media Today, and Marques Brownlee on YouTube
Tweets: @caseynewton, @maxwelltani, @caseynewton, @nickstatt, @zoeschiffer, @shaun_vids, @ow, @theinnersunset, @clarajeffery, @jordanuhl, @joshtpm, and @kevinriggle
| Wall Street Journal: |
Sources: Mark Zuckerberg told Meta staff that layoffs begin on November 9, he is accountable for missteps, and his overoptimism about growth led to overstaffing — Meta Platforms Inc. will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday.
More:
The Guardian, CNN, Fortune, Protocol, Silicon Valley Business …, 9to5Mac, Reuters, Insider, The Block, The Information, That's so Meta, and SlashGear
Tweets: @gergelyorosz, @sal19, @jeffhorwitz, and @jeffhorwitz
| Stephanie Bodoni / Bloomberg: |
The European Commission opens an in-depth investigation into Microsoft's proposed $69B Activision Blizzard acquisition and sets a March 23 decision deadline — Microsoft Corp.'s proposed $69 billion takeover of games developer Activision Blizzard Inc. faces an in-depth European Union probe …
More:
European Commission, Reuters, Wall Street Journal, Washington Post, CNN, IGN, Android Headlines, GamesIndustry.biz, BigTechWire, The Verge, The Information, Neowin, TheGamer, Thurrott, OnMSFT.com, and Engadget
Tweets: @tomwarren, @leadergrev, @charlieintel, @shannon_liao, @andyplaytonic, and @charlieintel
| Thomas Germain / Gizmodo: |
Research suggests Apple collects data about iPhone usage even when the iPhone Analytics setting to “disable the sharing of Device Analytics altogether” is off — For all of Apple's talk about how private your iPhone is, the company vacuums up a lot of data about you. iPhones … | Mark Gurman / Bloomberg: |
Sources: turnover has hindered Apple's search for a new head of product design, leaving few obvious candidates for a department still in Jony Ive's shadow — Turnover at Apple Inc. has hindered efforts to replace the head of product design, leaving a gaping hole at the helm of a prominent team that's …
More:
MacRumors
| Kollen Post / The Block: |
The SEC wins its lawsuit arguing that decentralized publishing platform LBRY's token is subject to regulatory oversight, in a blow to crypto token issuance — - A New Hampshire district court has ruled against decentralized publishing platform LBRY in a legal battle with the SEC.
More:
CoinDesk, The Information, SEC.gov, Reuters, Reuters, Reclaim The Net, FX Empire, and U.Today
Tweets: @attorneyjeremy1, @lex_node, @johnedeaton1, @lbrycom, @lbrycom, @jeremykauffman, @bitboy_crypto, @dizer_ym, @belisarius2020, @lex_node, and @drnicka
| Jon Keegan / The Markup: |
A look at data brokers selling “comprehensive” profiles of potential voters to campaigns, including phone geolocation data gleaned from real-time auctions — Before you got in line on Election Day, the emerging and largely unregulated political tracking industry was able to trace your movements| Financial Times: |
Analysis: corporate diplomacy in China let Apple evade the tech crackdown and profit more than local tech giants, but exposes the company to supply chain shocks — The most profitable tech company operating in China is not a homegrown internet giant such as Alibaba or Tencent, but California-based Apple.| Takashi Mochizuki / Bloomberg: |
Nintendo reports Q2 operating profit of ~$809M, up from ~$685M YoY, thanks to a weakened yen, and cuts its fiscal year Switch sales forecast by 10% to 19M — Nintendo Co. shares fell as much as 6% on Wednesday after the company cut its fiscal-year forecast for Switch console sales by 10% to 19 million.
More:
Nintendo Investor Relations, The Verge, Kotaku, IGN, and MobileSyrup
Tweets: @6d6f636869, @6d6f636869, and @6d6f636869
| Lauren Forristal / TechCrunch: |
Disney hit 235.7M global streaming subscribers in its Q4, above Netflix's 223.1M in its Q3; Disney+ had 164.2M subscribers, Hulu had 47.2M, and ESPN+ had 24.3M — Disney reported results for the final quarter of its 2022 fiscal year today, revealing a total of 164.2 million Disney+ global subscribers …
More:
The Walt Disney Company, Los Angeles Times, The Verge, The Information, Reuters, Bloomberg, Agence France-Presse, Adweek, CNN, Benzinga, New York Times, BBC, Axios, The Wrap, Yahoo Finance, Wall Street Journal, Wall Street Journal, Associated Press, MarketWatch, The Hollywood Reporter, Light Reading, Deadline, Financial Times, IndieWire, BGR, IGN, CNBC, GameSpot, Decider, The Streamable, Variety, and CNBC
Tweets: @sarafischer and @jschwarz9
| Umar Shakir / The Verge: |
Zoom releases Mail and Calendar clients in beta as part of its Zoom One interface, announces an AI-powered Zoom Virtual Agent chatbot coming in 2023, and more — Available as a beta release, the Outlook-like Mail and Calendar will slot neatly into the company's new unified Zoom …
More:
Zoom Blog, SiliconANGLE, PCWorld, PYMNTS.com, Thurrott, eWeek, BGR, Digital Trends, Computerworld, Neowin, and Engadget
Tweets: @newsynick and @zoom
| Ryan Mac / New York Times: |
As Twitter's problems mount, Elon Musk is tweeting 25+ times per day in November, up from ~13 times per day in April 2022 — The new owner of Twitter has embarked on a tweeting spree to push back, spar and justify his actions. — Ryan Mac, who is based in Los Angeles, writes about accountability in the technology industry.| Andrew J. Hawkins / The Verge: |
Google and Renault announce plans to build a “software-defined vehicle” on Android Automotive; Renault picks Google Cloud as its “preferred cloud provider” — This “software-defined vehicle” will be built on Google's Android Automotive operating system and send data …
More:
Google Inc., Android Police, ZDNet, SiliconANGLE, Android Headlines, BigTechWire, Bloomberg, and Observer
| Kollen Post / The Block: |
The US Treasury's Office of Foreign Asset Control adds a designation to Tornado Cash that ties the crypto mixer to North Korea's nuclear weapons program — - The Treasury has re-designated Tornado Cash, tying the decentralized crypto mixer to North Korea's nuclear weapons program.
More:
U.S. Department …, The Record, Decrypt, CoinDesk, Cointelegraph, and Reuters. Tweets: @valkenburgh
| Bloomberg: |
Sources: UMG, Sony, and Warner have been negotiating with ByteDance for a share of TikTok ad revenue and increased royalties before their contracts expire — TikTok has attracted more than 1 billion users with videos set to music. Now the world's largest record labels want the social media app to pay more for those songs.| Steven Levy / Wired: |
Meta's Oversight Board after two years and nearly 2M appeals: $150M in funding through 2025, 28 rulings, and 119 recommendations, as it wins over some critics — Mark Zuckerberg set up the panel to investigate how his company handles controversial posts. Now its members want to transform how social platforms work.
Tweets: @stevenlevy
Sponsor Posts
TELUS Digital:
Are you ready for the era of agentic AI? — Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse. Equip yourself with the info you need in this recorded webinar.
Are you ready for the era of agentic AI? — Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse. Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
State of AI: Adoption, Challenges and Recommendations — Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
Everything new in the Zoho Sign iOS mobile app — Ranked highly in the iOS App Store (4.9 stars), Zoho Sign's mobile app for iPhone is a user favorite. We're thrilled to share that the app has been enhanced …
Everything new in the Zoho Sign iOS mobile app — Ranked highly in the iOS App Store (4.9 stars), Zoho Sign's mobile app for iPhone is a user favorite. We're thrilled to share that the app has been enhanced …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Grit:
Flexport's Third Act: Winning in a Broken Global Trade System
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Everyone's an engineer now: Inside v0's mission to create a hundred million builders | Guillermo Rauch (founder & CEO of Vercel, creators of v0 and Next.js)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Techmeme Ride Home:
Why COULDN'T Apple Make An iPhone In The US?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Derek Thompson (Writer, The Atlantic) and Zach Weinberg (Co-founder & CEO, Curie.Bio) Discuss the Tariff Withdrawal and America's Future
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Hard Fork:
Big Tech's Tariff Chaos + A.I. 2027 + Llama Drama
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Great Chat:
The bull case for domestic manufacturing
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 7:35 PM ET, November 8, 2022.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
Andrew Trunsky / New York Times:Lucas Shaw / Bloomberg:
Joseph Bernstein / New York Times:
Upcoming Tech Events
More News
| Divya Balji / Bloomberg: |
More:
The Block, CoinDesk, and CryptoSlate
Tweets: @brian_armstrong, @brian_armstrong, @brian_armstrong, and @brian_armstrong
Earlier Picks
| Jane Lanhee Lee / Reuters: |
More:
Wall Street Journal, The Verge, Data Center Knowledge, HotHardware, and Tom's Hardware
Tweets: @byron_wan and @rnaudbertrand
| Jonathan Vanian / CNBC: |
| Richard Lawler / The Verge: |
More:
The Atlantic, Slate, Wired, Forbes, Mashable, BGR, New York Times, and Bloomberg
Tweets: @yoyoel, @elonmusk, @pleasebegneiss, @davidsacks, @chadloder, and @seldo