Techmeme
November 17, 2022, 2:00 PM

Top News

Jack Schickler / CoinDesk:
Bankruptcy filing: FTX CEO John Ray III, who ran Enron's process, slams SBF's “unprecedented” management, describing a “complete failure of corporate controls”  —  The former FTX CEO's unconventional style is under the spotlight as bankruptcy professionals pore over the exchange's collapse.
Kelsey Piper / Vox:
A chat via DM with SBF on why regulators “make everything worse”, FTX and Alameda's “messy accounting”, why he regrets filing for bankruptcy, ethics, and more  —  The fallen crypto CEO on what went wrong, why he did what he did, and what lies he told along the way.
Tracy Alloway / Bloomberg:
The wildest parts from FTX's bankruptcy filing: token holdings are worth $659K, Alameda loaned SBF over $3.3B, SBF auto-deleted important messages, and more  —  Lawyers for the bankrupt crypto exchange FTX filed today in Delaware, asking a federal judge to transfer a competing bankruptcy case filed …
Adam Cochran / @adamscochran:
Tony Romm / Washington Post:
Congress, slow to move on regulating crypto, becomes transfixed by FTX's collapse, as lawmakers wonder if the crisis could have been prevented  —  The stunning collapse of the world's third-largest exchange has forced politicians to grapple with the costs of legislative inaction
Wall Street Journal:
Sources: Meta fired or disciplined more than 24 employees and contractors over the past year for allegedly taking over user accounts, sometimes for bribes  —  Some workers allegedly accepted thousands of dollars in bribes  —  Meta Platforms Inc. META -2.31%decrease; red down pointing triangle …
Bloomberg:
NetEase and Blizzard plan to end their 14-year partnership after January 2023, leaving Chinese players' access to games like Warcraft and Overwatch in question  —  NetEase Inc. and Blizzard Entertainment Inc. plan to end their 14-year partnership after January, depriving the Chinese firm …
Aisha Malik / TechCrunch:
Russell Brandom / The Verge:
Analysis of 22K US broadband bills highlights issues: far higher average cost than in Europe at $75/month, little carrier choice, bogus charges, and more  —  The Verge and Consumer Reports collected 22,000 internet bills to find out how Americans are getting online.  They paint an ugly picture.
Manish Singh / TechCrunch:
Meta appoints Sandhya Devanathan as the head of its India business, starting on January 1, after several high-profile departures; Devanathan joined Meta in 2016  —  Meta has appointed Sandhya Devanathan as the new head of its India business following several high-profile departures in the key overseas market.
Pew Research Center:
A survey of US teens on social media: 80% feel closer to friends, 71% like showing creativity, 59% think its impact is neutral, and 38% are overwhelmed by drama  —  Majorities of teens credit social media with strengthening their friendships and providing support while also noting the emotionally charged side of these platforms
Peter White / Deadline:
Apple plans to launch its Major League Soccer Season Pass on February 1 for $15/month or $99/season and $13/month or $79/season for Apple TV+ subscribers  —  Apple has unveiled more plans for its launch of Major League Soccer (MLS).  —  The streamer has revealed the pricing and launch details …
Michael McSweeney / The Block:
The Australian Securities Exchange drops its blockchain project announced in 2017 to replace its settlement and clearing system, causing a $165M-$172M write-off  —  - The Australian Securities Exchange (ASX) is dropping a long-in-the-making blockchain-powered replacement for its CHESS settlement and clearing system.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
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 …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
(BNS) Brian's Appearance On Daily Detroit
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:00 PM ET, November 17, 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.

More News

Earlier Picks

Reuters: