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November 14, 2022, 3:40 PM
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| 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.
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CNBC, The Economic Times, Wall Street Journal, SiliconANGLE, AppleInsider, GeekWire, Gizmodo, PYMNTS.com, Engadget, South China Morning Post, Seattle Business Journal, Bloomberg, New York Post, The Guardian, DCD, The Verge, CNET, The Information, Washington Post, San Francisco Business Journal, Fortune, MarketWatch, CIO Dive, Neowin, Insider, Financial Times, MobileSyrup, Watcher Guru, Deadline, Reuters, WRAL TechWire, Variety, and Slashdot
Tweets: @ranimolla, @kittypurrzog, @jordynjournals, @tomgara, @samro, @samro, @shayxonline, @aishagani, @fgoria, @deitaone, @ldrogen, @carnage4life, and @kyweise
| Sam Reynolds / CoinDesk: |
Binance announces a recovery fund to help “otherwise strong” crypto projects in a liquidity crisis; Tron, Huobi, and Poloniex plan to support the initiative — Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative.
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The Block, Reuters, The Guardian, The Block, SiliconANGLE, Fortune, CNN, Cointelegraph, PYMNTS.com, Financial Times, Forbes, CryptoSlate, Decrypt, Ethereum World News, Livemint, and Bloomberg
Tweets: @cz_binance, @cz_binance, @cz_binance, @hodgesmr, @mfariacastro, @iamdcinvestor, @dylanleclair_, @wallstreetsilv, @michaelxpettis, @concodanomics, @profkatejudge, @cryptomichnl, @stevenkelly49, @romanchukbrian, @josephpolitano, @silvermanjacob, @thestalwart, @edzitron, @statelayer, @billbarhydt, @versusbtc, @justinsuntron, @lmartods, @kyle_chasse, @poloniex, @hsakatrades, @smtuffy, @kimdotcom, @birdyword, @benedictevans, @myprasanna, @marionawfal, @degenspartan, @functi0nzer0, @grady_booch, @smtuffy, @chainlinkgod, @northrocklp, @simondixontwitt, @coryklippsten, @cryptowendyo, and @florianederer
| 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.
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The Block, CoinDesk, The Block, The Information, CoinGape, CryptoPotato, Bloomberg, ZyCrypto, Fortune, Trustnodes, and Hacker Noon
| Brian Fung / CNN: |
Jeff Bezos says he plans to give away most of his $124B in his lifetime, but offers few specifics; critics have chided Bezos for not signing the Giving Pledge — Exclusive: Amazon founder Jeff Bezos says he'll give away his wealth — Twitter users are flocking to Mastodon. What is it?
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The Independent, Australian Financial Review, TheStreet, Insider, The Verge, BBC, Fortune, New York Times, Wall Street Journal, GeekWire, Sky News, Washington Post, Livemint, The Hill, Observer, MobileSyrup, CNN, iPhone in Canada Blog, Appuals.com, Financial Times, TIME, NBC News, CNBC, The Wrap, New York Post, The Economic Times, Variety, The Guardian, Axios, TechSpot, Deadline, Engadget, Forbes, USA Today, and Tech News
| 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 … | Richard Rushfield / The Ankler: |
Source: Michael Lewis shadowed Sam Bankman-Fried for the past six months and the CAA is pitching Lewis' yet-to-be-written book on FTX's fall to Hollywood buyers — Author compares Sam Bankman-Fried, Binance's CZ to ‘Luke Skywalker and Darth Vader’ in email sent by CAA — In this issue:
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Mercury News, Benzinga, MacroCrunch, Philip Elmer‑DeWitt, Forbes, Telegraph, Daily Mail, Gizmodo, The Overspill, and CoinGape
Tweets: @janicemin, @loganbartlett, @lilmoonlambo, @janicemin, @trungtphan, @epsilontheory, @newley, @pkedrosky, @dogetoshi, @olivianuzzi, @kjhealy, @bondhack, @film_girl, @caitlinlong_, @mhonkasalo, @degenspartan, @functi0nzer0, @fredbenenson, @ben_mckenzie, @benjysarlin, @smtuffy, and @silvermanjacob
| 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 …
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doj.state.or.us, CT.gov, Gizmodo, Protocol, TechCrunch, Android Authority, NPR, State of Michigan, Associated Press, The Record, BleepingComputer, Wall Street Journal, Engadget, Reuters, Oregonian, Bloomberg, CNBC, SlashGear, WRAL TechWire, and Near Media
Tweets: @agellison and @jason_kint
| Reuters: |
Investigation: thousands of iOS and Android apps, including by the CDC, the US Army, the NRA, and Unilever, used Russia-based Pushwoosh's tech for notifications — Thousands of smartphone applications in Apple (AAPL.O) and Google's (GOOGL.O) online stores contain computer code developed …
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Metacurity, AppleInsider, Computerworld, Slashdot, PCMag, Appuals.com, 9to5Mac, and Pushwoosh
Tweets: @pearswick, @mxbernhard, @pearswick, @pearswick, @stick631, @kimzetter, @pearswick, @razhael, and @davidalexander5
| Lora Kolodny / CNBC: |
Sources and docs: Elon Musk's SpaceX spent $160K+ so far on a Twitter ad package to promote Starlink in Spain and Australia in a “takeover” of the main timeline — - Elon Musk's aerospace business SpaceX just ordered one of the larger advertising packages available from Twitter …
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Bloomberg, VICE, CNN, Gizmodo, PCMag, Los Angeles Times, 9to5Mac, MobileSyrup, Coinspeaker, Reuters, WRAL TechWire, Insider, Watcher Guru, Mashable, Neowin, Notebookcheck.net, CoinGape, and City A.M.
Tweets: @elonmusk, @lorakolodny, @drewharwell, @rmac18, @mslopatto, @docadam, @iseff, @bethbourdon, @embryethan, @blackstemusa, @owillis, @filippie509, @maplecocaine, @axellycan, @walkerbragman, @mrstuartforrest, @andylevy, @shannonmstirone, @david_j_roth, @john_hempton, @jason_kint, @lorakolodny, @johndiesattheen, and @jordanzakarin. Thanks:@mattrosoff
| Brad Stone / Bloomberg: |
Sequoia's mishandling of its 14,000-word SBF profile by journalist Adam Fischer and then deleting it served no purpose other than to embarrass everyone involved — A now-infamous profile of the fallen FTX founder illustrates the predictable dangers of corporate content creation. But first...
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TechCrunch and New York Times
| Josh Eidelson / Bloomberg: |
Interviews with dozens of Apple Store employees across nine US cities show rising dissatisfaction due to increasing pressure to upsell, leading some to unionize — The Apple Store where you'll do some holiday shopping this year looks the same as always. White-oak tables in neat rows welcome … | Benj Edwards / Ars Technica: |
DeviantArt announces DreamUp, a text-to-image generator powered by Stable Diffusion, and plans to use its community's art for the AI training, drawing criticism — Confused artists discover their work will be used for AI training by default. — On Friday, the online art community DeviantArt …
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Engadget, New York Post, Music Ally, TechCrunch, and Kotaku
Tweets: @deviantart, @svltart, @deviantart, @ianfayart, @arvalis, @elonjames, @geneljumalon, @ricecorpse, @wickedinsignia, @snuffles, and @andantonius
| 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.
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Android Developers Blog, Engadget, TechCrunch, Neowin, The Verge, Droid Life, and Wccftech. Tweets: @mishaalrahman
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5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
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