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November 23, 2022, 12:40 AM
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| Nikhilesh De / CoinDesk: |
SBF says FTX had ~$60B in collateral in spring 2022, but a credit squeeze, market selloff, and “run on the bank” reduced it to $9B ahead of the bankruptcy — The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
More:
South China Morning Post, Bloomberg, and Financial Times
Tweets: @lizrhoffman, @adamscochran, @austen, and @mdudas
| Berber Jin / Wall Street Journal: |
Sources: Sequoia apologized to its fund investors for the $150M it lost on FTX and told them it would improve its due diligence process on future investments — Venture-capital firm tells fund investors that it will improve due diligence on future investments after $150 million loss on crypto exchange
More:
The Information, Bloomberg, Bloomberg, PYMNTS.com, MarketWatch, and Crowdfund Insider
Tweets: @howardlindzon, @scottmelker, @berber_jin1, @joeemison, and @carnage4life
| New York Times: |
More:
CoinDesk. Tweets: @kenvogel, @flitteronfraud, @matthewstoller, @ryanberckmans, @mayazi, @philipletsou, @kenvogel, and @reedgalen
| Koh Gui Qing / Reuters: |
More:
Financial Times, New York Times, Insider, Fortune, Forbes, Alexander COVID News …, Crypto Adventure, Cryptopolitan, The Guardian, Bloomberg, and CryptoPotato
Tweets: @pelositracker_, @grdecter, @niubi, @wallstreetsilv, @eliotwb, @niubi, @epsilontheory, @lilmoonlambo, @raph_bloch, @rwpusa, @silvermanjacob, @epsilontheory, @wsbchairman, @ericliptonnyt, @buccocapital, @neontaster, @ledgerstatus, @adamscrabble, @baldingsworld, @coryklippsten, @wsbchairman, @spencerjakab, @tombevanrcp, @packym, @tombevanrcp, @biohazard3737, @zerohedge, @trader1sz, @scottmelker, @grdecter, @jeffhauser, @carnage4life, @teddyschleifer, @revshark, @johnedeaton1, @smtuffy, and @smtuffy
| 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.
More:
Insider, Observer, SlashGear, and Twitter is Going Great!
Tweets: @mikeisaac, @rmac18, @toluogunlesi, @whet, @jcoviedo6, @mattbilinsky, @briannawu, @goldman, @ryanlcooper, @richsignorelli, and @benryanwriter
| Liz Hoffman / Semafor: |
Despite Elon Musk publicly distancing himself from SBF, texts between them on May 5 show SBF rolled over $100M in Twitter stock during Musk's takeover — Elon Musk used Twitter, the platform he now owns, to gleefully mock the meltdown of the crypto exchange FTX.
More:
CoinDesk, The Verge, Insider, and Twitter is Going Great!
| Alex Heath / The Verge: |
| Washington Post: |
Sources detail Elon Musk's rapid dismantling of Twitter's safety work, narrowing its scope to whatever he deems violent, threatening “sticks and stones” talk — Amid the wider turmoil since his takeover last month, Musk has moved rapidly to undermine Twitter's deliberative content-moderation system.
More:
Insider, Mashable, and Twitter is Going Great!
| 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
More:
Caterina.net, Gizmodo, CNBC, and Twitter is Going Great!
Tweets: @davidakaye, @wongmjane, @davidakaye, @albertocairo, @levynews, @pt, @cfishman, @fly4dat, and @kantrowitz
| 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 …
More:
New York Times, The Block, Wall Street Journal, CoinDesk, Cointelegraph, Financial Times, Reuters, CryptoPotato, CryptoGlobe, Decrypt, Crypto Briefing, and CryptoSlate
Tweets: @tier10k, @tier10k, @fintechfrank, @ap_archpublic, @tier10k, @wintonark, @tree_of_alpha, @joeconsorti, @delphi_digital, @pythianism, @tier10k, @loopifyyy, @ap_archpublic, @mylesudland, @dylanleclair_, @mikeburgersburg, @fintechfrank, @ek_hudson, @gainzy222, @charliebilello, @delphi_digital, @nachotrades, @danheld, @delphi_digital, @kadhim, @twobitidiot, @marionawfal, @mtrl_scientist, @delphi_digital, @tier10k, @twobitidiot, @kyledoops, @cryptocronkite, @jdorman81, @tier10k, @darealmilkbagz, @dylanleclair_, @iamdcinvestor, @tier10k, @laurashin, @drnicka, @sicarious_, and @highcoinviction
| 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, The Register, MSPoweruser, Neowin, Phoronix, and OnMSFT.com
Tweets: @shanselman, @kelseyhightower, @etchedpixels, and @technige
| Ken Sweet / Associated Press: |
In a bankruptcy hearing, FTX lawyers say a “substantial amount” of assets have been stolen from accounts; client names and addresses will be redacted for now — Lawyers for FTX disclosed Tuesday that a “substantial amount” of assets has been stolen from the accounts …
More:
Wall Street Journal, New York Times, YouTube, CNBC, Financial Times, CoinDesk, The Information, The Block, Yahoo Finance, New York Post, Reuters, TheStreet, Ethereum World News, Cointelegraph, WRAL TechWire, New York Magazine, Watcher Guru, CNN, TechCrunch, CoinDesk, and CoinGape
Tweets: @jacqmelinek, @reuters, @davidgura, @autismcapital, @kadhim, @ericbalchunas, @adamscochran, @intangiblecoins, @tier10k, @autismcapital, @tbr90, @blevimyers, @tombevanrcp, @ryan_browne_, @davidgura, @autismcapital, @tree_of_alpha, @davidgura, @kadhim, @kensweet, @kadhim, @matthewstoller, @markamesexiled, @tier10k, @davidgura, @nikhileshde, @akikofujita, @alexqgb, and @tier10k
| Eliza Gkritsi / CoinDesk: |
More:
Forbes, The Block, Bloomberg, Australian Financial Review, The Daily Hodl, and SlashGear
Tweets: @jeffkauflin, @evgenygaevoy, @im_goomba, @mark_dow, @sherlock_hodles, @ericzhu105, and @parabolit
| Jeff Horwitz / Wall Street Journal: |
Facebook's Q3 Widely Viewed Content Report: in a first, none of the top 20 posts broke platform rules; sources detail Meta's latest fight against spammy content — Third-quarter content report shows only one in the top 20 posts qualified as engagement bait — What's Behind Social Media Spambots and Can They Be Stopped?| Mack DeGeurin / Gizmodo: |
Meta's researchers detail Cicero, an AI trained to “human level performance” in negotiation-based strategy game Diplomacy, ranking in the top 10% over 40 games — Ever since IBM's Deep Blue artificial intelligence system defeated world chess champion Garry Kasparov at his own game in 1997 …
More:
Meta AI, Science, Meta, The Register, Kotaku, Social Media Today, Neowin, SiliconANGLE, and PCMag
| Denny Jacob / Wall Street Journal: |
HP to lay off 4,000 to 6,000 employees, or up to ~10% of its workforce, over the next three years as part of a plan 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, Fortune, Reuters, Oregonian, SiliconANGLE, Channel Futures, CRN, Axios, CNET, and Reuters
Tweets: @carlquintanilla and @kasdad
| Bloomberg: |
Sources: hundreds of Foxconn workers at Apple's iPhone plant in Zhengzhou clashed with security guards as protests erupted over unpaid wages and COVID-19 fear — Hundreds of workers at Apple Inc.'s main iPhone-making plant in China clashed with security personnel, as tensions boiled … Sponsor Posts
Google:
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Generate videos with Veo 3 in Google Gemini — Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator. Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
6 Tips to Unlock Revenue with Transactional Emails — This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
6 Tips to Unlock Revenue with Transactional Emails — This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
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
Lenny's Podcast:
Why Uber's CPO delivers food on weekends | Sachin Kansal
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Techmeme Ride Home:
Big Meta/Anduril Deal Is A Big Deal
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Social Radars:
Ron Conway, Founder, SV Angel Part 4 (Bonus)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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Hard Fork:
The A.I. Jobpocalypse + Building at Anthropic with Mike Krieger + Hard Fork Crimes Division
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.
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Rick Smith (CEO, Axon): The Wild Ride From Near-Bankruptcy to $50B+
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
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The Talk Show With John Gruber:
'Sewing Machine Repair Shop', With Patrick McGee
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
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| New York Times: |
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Bloomberg, The Hill, CoinDesk, The Block, Associated Press, Wall Street Journal, Forkast, Politico, and New York Post
Tweets: @nytimes, @danielsgoldman, @periannedc, @bradlander, @sethmpk, @sunjeevbery, @luisferre, and @andrewgiambrone
| Manish Singh / TechCrunch: |
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The Economic Times, CNBCTV18, Telegraph India, The Indian Express, The New Indian Express, Moneycontrol, Times of India, and Livemint
Tweets: @agrawal_raj and @os7borne
| Bloomberg: |
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PYMNTS.com, Cointelegraph, and Watcher Guru
| Jack Schickler / CoinDesk: |
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Watcher Guru and crypto.news
Tweets: @iansagstette, @cryptoncoffeee, @petrifytcg, @sassal0x, @haileylennonbtc, @nonfungiblenoah, and @c1aranmurray
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| Samuel Stolton / Politico: |
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GOV.UK, Forbes, AppleInsider, BBC, Bloomberg, Gizmodo, iPhone in Canada Blog, PYMNTS.com, TechSpot, iThinkDifferent, SiliconANGLE, iMore, Fortune, Tech Monitor, and CNET
Tweets: @cmagovuk, @s8mb, @profschrepel, and @dstallibrass
| David Enrich / New York Times: |
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New York Times and TechSpective
Tweets: @davidenrich, @emilysteel, @ericliptonnyt, @davidenrich, @dangillmor, @davidenrich, and @kenvogel