Techmeme
November 15, 2022, 2:05 AM

Top News

Kurt Wagner / Bloomberg:
Elon Musk fired at least a couple of Twitter engineers who publicly criticized him on the social network, in one case announcing the firing in a tweet  —  Twitter Inc. owner Elon Musk, who has called himself a “free speech absolutist,” has resorted to firing company engineers who publicly criticize him on the social-media service.
Casey Newton / Platformer:
A look at a doc from Twitter's trust and safety team on November 1 detailing how the new Blue subscription could be abused, largely ignored in a rush to launch  —  Employees and advertisers keep warning him about the risks of changes he's making to Twitter — but he's not listening
Karen Weise / New York Times:
Sources: Amazon plans to cut ~10,000 corporate and tech jobs, or ~3% of its corporate staff and the largest cuts in its history, starting as soon as this week  —  The job cuts of approximately 10,000, which would start as soon as this week, would focus on the company's devices organization, retail division and human resources.
Matt Levine / Bloomberg:
An analysis of FTX's nightmare balance sheet and Serum, an FTX-created coin and protocol, marked as the largest “deliverable” asset at ~$5.4B before November 8  —  The box  —  There is so much, but I want to start with Serum.  —  If a troubled company has a few days …
Cecilia Kang / New York Times:
Google agrees to a record $391.5M privacy settlement with 40 state AGs over charges the company misled users into thinking they had disabled location tracking  —  Under the agreement, which state attorneys general said was the largest U.S. internet privacy settlement, Google must …
Dina Bass / Bloomberg:
Microsoft debuts Supply Chain Center in preview, a command center to help customers monitor supply chains with data from Oracle, SAP, others, and its own tools  —  Microsoft Corp. unveiled software that will help customers track and coordinate supply-chain systems by combining data …
Abner Li / 9to5Google:
Google launches Health Connect in beta on the Play Store with partners including Peloton, Oura, Flo, MyFitnessPal, and Samsung, after months in “early access”  —  Google announced Health Connect in May at I/O 2022, and recent months have seen more apps support it.
Nic Carter / CoinDesk:
The fallout from FTX's fraud-driven collapse, the worst single event ever in crypto, will linger for years and shows it's time for exchanges to prove reserves  —  Requiring exchanges to show they have assets to match their liabilities would improve transparency and help to win back public trust in crypto, says Nic Carter.
Sam Reynolds / CoinDesk:
Kim Bhasin / Bloomberg:
Nike is launching .Swoosh, an online store and trading platform for the brand's virtual sneakers, with the first collection to debut in January 2023  —  Nike Inc. is opening an online store and trading platform for virtual sneakers as management pumps investment into the metaverse.
Jaclyn Trop / TechCrunch:
Filing: Bird overstated its revenue for over two years by counting unpaid customer rides; valued at ~$2.3B in its SPAC merger, Bird now has a ~$104M market cap  —  Micromobility company Bird said Monday it had overstated its revenue for more than two years by recognizing unpaid customer rides.

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