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November 23, 2022, 8:55 AM
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WeSmirchTop News
| Nikhilesh De / CoinDesk: |
SBF claims FTX had ~$60B in collateral in spring 2022, before a credit squeeze, market selloff, and “run on the bank” reduced it to $9B and led to bankruptcy — The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
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The Guardian, Insider, The Block, Cryptopolitan, Watcher Guru, Bloomberg, crypto.news, Waivly, Insider, South China Morning Post, and The Block
Tweets: @lizrhoffman, @lizrhoffman, @nic__carter, @caspiancey, @johnedeaton1, @smtuffy, @wublockchain, @lizrhoffman, @ercwl, @crypto_bitlord7, @rnr_0, @doombergt, @wallstreetsilv, @neiljacobs, @carnage4life, @nlw, @silvermanjacob, @thormaximalist, @j_dot_j, @alistairmilne, @iamdcinvestor, @ldrogen, @iamdcinvestor, @lilmoonlambo, @iamdcinvestor, @lynaldencontact, @alexhern, @wallstreetsilv, @stackersatoshi, @wublockchain, @austen, @davidbelle_, @billym2k, @investmentshulk, @amasad, @adamscochran, @zerohedge, @futurenomics, @lizrhoffman, @autismcapital, @mdudas, @amasad, @caspiancey, @andy8052, @jgreco, @lizrhoffman, @milessuter, @inartecarlodoss, @thormaximalist, @maxboonen, @adamscochran, @nic__carter, @iamdcinvestor, @smtuffy, @johnedeaton1, @trader1sz, @austen, @mdudas, @macrocephalopod, @doombergt, @longshorttrader, @thecryptomars, @satsdart, @carnage4life, @johnnyp135dfs, @frances_coppola, and @renato_mariotti
| Berber Jin / Wall Street Journal: |
Sources: Sequoia apologized to its fund investors for the $150M lost on its FTX bet and details plans to improve its due diligence process on new investments — Venture-capital firm tells fund investors that it will improve due diligence on future investments after $150 million loss on crypto exchange
More:
Bloomberg, The Information, Cryptonews, crypto.news, and Tech in Asia
Tweets: @schuldensuehner, @lizhabib, @howardlindzon, @scottmelker, @berber_jin1, @heathersomervil, @joeemison, and @carnage4life
| Ken Sweet / Associated Press: |
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Wall Street Journal, New York Times, Blockworks, Vox, CNBC, Coinspeaker, Panda Security Mediacenter, Forkast, CoinDesk, and BBC
Tweets: @jacqmelinek, @davidgura, @ericbalchunas, @intangiblecoins, @tier10k, @tbr90, @reuters, @blevimyers, @tombevanrcp, @ryan_browne_, @davidgura, @tree_of_alpha, @davidgura, @kensweet, @kadhim, @markamesexiled, @tier10k, @davidgura, @ryan_browne_, @nikhileshde, @akikofujita, @alexqgb, and @autismcapital
| Bloomberg: |
Sources: hundreds of Foxconn workers at the iPhone plant in Zhengzhou clashed with security guards as protests erupted over unpaid wages and COVID-19 fears — Hundreds of workers at Apple Inc.'s main iPhone-making plant in China clashed with security personnel, as tensions boiled over after almost …
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South China Morning Post, BBC, AppleInsider, 9to5Mac, The Verge, PCMag, Financial Times, Forbes, Reuters, Livemint, Engadget, Wall Street Journal, The Guardian, MacRumors, City A.M., iPhone in Canada Blog, BGR, The Information, Wccftech, TechCrunch, WRAL TechWire, France 24, Quartz, Philip Elmer‑DeWitt, iMore, Fossbytes, Tech Xplore, CNET, Bloomberg, and Neowin
Tweets: @violazhouyi, @byron_wan, @jenniferzeng97, @violazhouyi, @violazhouyi, @violazhouyi, @smritisharma_, @niubi, @manyapan, @reloaded7701, @lauriechenwords, @lauriechenwords, @jenniferzeng97, @jenniferzeng97, @jenniferzeng97, @ipaulcanada, @jenniferzeng97, @noahpinion, @lisaabramowicz1, @violazhouyi, @nrg8000, @patrickmoorhead, @tculpan, @williamyang120, @pelstrom, @fangshimin, @stephenmcdonell, @williamyang120, @byron_wan, @tobitac, @matthew_pines, @pelstrom, @oliviasolon, @tommackenzietv, @keithmccullough, @niubi, @tw_tomy7, @dylanfrank21, @gundamnorthrop, @amberchoudhury, @sentdefender, @chinalaborwatch, @pelstrom, @saikirankannan, @jorge_guajardo, @nrg8000, @bibekbhandari, @nrg8000, @dtiffroberts, @niubi, @shashidigital, @ryan_chua, and @tw_tomy7
| AJ Vicens / CyberScoop: |
In its Q3 Adversarial Threat Report, Meta attributes a pro-US campaign to US military-run phony Facebook accounts, Pages, Groups, and Instagram accounts — People associated with the U.S. military were behind dozens of phony Facebook accounts, more than a dozen pages, a pair of groups …
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Meta, Washington Post, CNN, and The Hacker News
Tweets: @vatsrishap, @benimmo, @guyro, @lukolejnik, @ivanastradner, @davidagranovich, @joetidy, @nakashimae, @benimmo, @evaristegal0is, @davidagranovich, and @ajvicens
| Jeff Horwitz / Wall Street Journal: |
More:
CNET, Meta, and Social Media Today
Tweets: @guyro, @paulszoldra, @dannygroner, @wsj, @kevinroose, @nohackme, @jeffhorwitz, @kyurieff, @jeffhorwitz, @kevinroose, @benimmo, @davidclinchnews, and @anthony
| New York Times: |
Since Elon Musk's takeover, sources say Twitter has in some cases chosen not to pay vendors, as it reviews and renegotiates deals to cut expenses — Mr. Musk and his advisers are examining all types of expenses at Twitter. Some of the social media company's vendors have gotten stiffed.| Liz Hoffman / Semafor: |
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Insider, Watcher Guru, The Verge, and CoinDesk
| Alex Heath / The Verge: |
More:
The Verge, Ars Technica, Android Headlines, Fortune, Social Media Today, and Trak.in
Tweets: @caseynewton, @alexeheath, @elonmusk, @alexeheath, and @alexeheath
| Bloomberg: |
Sources: Genesis Global has $2.8B in outstanding loans, including ~30% of its lending made to related parties like its parent company DCG — The troubled brokerage Genesis Global has $2.8 billion in outstanding loans on its balance sheet, with about 30% of its lending made to related parties including …
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New York Times, Dirty Bubble Media, Wall Street Journal, CoinDesk, Coinspeaker, NewsBTC, Crypto Briefing, Cointelegraph, and Bitcoin News
Tweets: @tier10k, @tier10k, @ap_archpublic, @fintechfrank, @charliebilello, @hodlkryptonite, @hodlkryptonite, @nic__carter, @wintonark, @tree_of_alpha, @joeconsorti, @delphi_digital, @pythianism, @tier10k, @loopifyyy, @ap_archpublic, @mylesudland, @dylanleclair_, @fintechfrank, @ek_hudson, @gainzy222, @delphi_digital, @nachotrades, @danheld, @wublockchain, @delphi_digital, @kadhim, @twobitidiot, @marionawfal, @mtrl_scientist, @delphi_digital, @kyledoops, @cryptocronkite, @jdorman81, @tier10k, @darealmilkbagz, @iamdcinvestor, @tier10k, @laurashin, @drnicka, @sicarious_, @highcoinviction, @tier10k, @mikeburgersburg, @tier10k, @twobitidiot, and @dylanleclair_
| Washington Post: |
Pathmatics: over a third of Twitter's top 100 clients, including Mars and Jeep, as well as 14 of the top 50, haven't advertised on Twitter in the past two weeks — More than a third of Twitter's top 100 clients have not advertised on the platform in the past two weeks, data shows
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MediaNama, Newser, and Gizmodo
Tweets: @davidakaye, @wongmjane, @albertocairo, @levynews, @pt, @cfishman, @fly4dat, @sameer_singh17, @kantrowitz, @davidakaye, @sethabramson, and @aroondeep
| Sergiu Gatlan / BleepingComputer: |
Windows Subsystem for Linux is now generally available for Windows 10 and 11 via the Microsoft Store, as Microsoft makes the Store version of WSL the default — Microsoft announced today that the Store version of Windows Subsystem for Linux (WSL) is generally available for Windows 10 and 11 customers.
More:
Windows Command Line, XDA Developers, BetaNews, MSPoweruser, Windows Report, The Register, and Neowin
Tweets: @shanselman, @kelseyhightower, @etchedpixels, @technige, and @thiojoe
| Anton Shilov / Tom's Hardware: |
Research: discrete and integrated GPU shipments fell 25.1% YoY to 75.5M in Q3, desktop GPUs fell 15.43% YoY, and notebook 30% YoY, the biggest drop since 2009 — Intel solidifies GPU positions amid graphics market slump. — Shipments of integrated and discrete graphics processing units dropped … | Cecilia D'Anastasio / Bloomberg: |
Amazon's Twitch makes changes to address child predation concerns, including mandatory phone verification and improving account termination for users under 13 — Twitch, the video game livestreaming site popular with teens and kids, announced changes it's making on the platform to increase safety …
More:
GamesIndustry.biz and Digit
Tweets: @mattnavarra, @cecianasta, @cecianasta, @cecianasta, and @zombaekillz
| Denny Jacob / Wall Street Journal: |
HP plans to lay off 4,000-6,000 employees, or up to ~10% of its workforce, over the next three years, aiming to achieve $1.4B in annualized cost savings — Dell warns of a worsening decline after a 17% drop in third-quarter laptop and desktop sales — HP Inc. HPQ 0.75%increase …
More:
CNBC, Tech Monitor, TechSpot, WRAL TechWire, The Overspill, and The Register
Tweets: @carlquintanilla and @kasdad
| New York Times: |
New York becomes the first US state to restrict crypto-mining as Gov. Kathy Hochul signs a bill imposing a two-year moratorium on permits at fossil fuel plants — National cryptocurrency industry groups had lobbied Gov. Kathy Hochul to veto the environmental ban, fearful that other states could follow New York's lead.
More:
Wall Street Journal, Decrypt, Bloomberg, Associated Press, ZyCrypto, Cointelegraph, CoinDesk, CoinGape, The Hill, Forkast, Politico, and New York Post
Tweets: @periannedc, @pt, @nytimes, @danielsgoldman, @bradlander, @andrewgiambrone, @sethmpk, @sunjeevbery, and @luisferre
| Julian Mark / Washington Post: |
Digital World Acquisition Corp. says investors voted to extend the deadline to merge with Truth Social to September 2023, pending an investigation by regulators — The move by shareholders of the company that would merge with Trump Media & Technology Group buys time as regulators investigate the proposed deal.| Taylor Lorenz / Washington Post: |
An interview with @dril on Elon Musk's Twitter, which he says is “a work in progress”, like Hyperloop, and will be a “beautiful thing at the end of the day” — The ‘patron saint of the internet’ tells The Post he'll never pay for verification but will learn to code if Musk offers him a job
Tweets: @dril, @samuelsokol, @samuelsokol, @emgusk, @freedmanae, @cosmoskyle, @ejkalafarski, @fire_badger, @mikurubaeahina, @jaredbkeller, and @dril
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