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November 30, 2022, 8:15 PM
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| New York Times: |
A video and live blog of Sam Bankman-Fried being interviewed by Andrew Ross Sorkin at the New York Times' DealBook Summit, covering FTX, Alameda, and more — FTX, the crypto exchange Mr. Bankman-Fried founded, declared bankruptcy this month in a failure that wiped out billions of investor dollars.
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CoinDesk, TechCrunch, Decrypt, TechCrunch, The Block, and Fortune
Tweets: @billackman, @oliverdarcy, @buccocapital, @brianstelter, @reckless, @autismcapital, @macroalf, @kateclarktweets, @buccocapital, @adamscochran, @rodboydilm, @wclementeiii, @tomselliott, @kateclarktweets, @neontaster, @doombergt, @netcapgirl, @conorsen, @popehat, @skesslr, @reckless, @herbgreenberg, @swiftonsecurity, @altcoinpsycho, @neontaster, @rager, @cryptolawus, @zerohedge, @smtuffy, @epsilontheory, @bantg, @tree_of_alpha, @denelledixon, @coffeebreak_yt, @juddlegum, @ben_kew, @stephen_geiger, @wholemarsblog, @coffeebreak_yt, @fatmanterra, @brianstelter, @vivekgramaswamy, @gunjanjs, @j_dot_j, @zackvoell, @mikeburgersburg, @tomselliott, @nmasc_, @realsaavedra, @tomselliott, @lydiadepillis, @smtuffy, @dougboneparth, @fxhedgers, @altcoinpsycho, @stockjabber, @cgasparino, @lilmoonlambo, @greg_price11, @coffeebreak_yt, @coffeebreak_yt, @blockworks_, @nikhileshde, @coffeebreak_yt, @skesslr, @coffeebreak_yt, @smartcontracter, @unusual_whales, @coffeebreak_yt, @nikhileshde, @skesslr, @coffeebreak_yt, @neontaster, @bendreyfuss, @unusual_whales, @tier10k, @mayazi, @nikhileshde, @skesslr, @nikhileshde, @kevinroose, @rmac18, @coffeebreak_yt, @autismcapital, @kenvogel, @marionawfal, @rampcapitalllc, @marionawfal, @adamscochran, and @autismcapital
| David Z. Morris / CoinDesk: |
As FTX collapsed, mainstream news organizations often failed to give a straightforward assessment of exactly what happened and potential crimes involved — Sam Bankman-Fried is a con man and fraudster of historic proportions. But you might not learn that from the New York Times …
More:
VICE, The Guardian, TheStreet, Bloomberg, Associated Press, Reuters, NBC News, Blockworks, CNBC, Inside Bitcoins, The Verge, Cointelegraph, Gizmodo, and New York Post
Tweets: @carnage4life, @johnkoetsier, @inkbacker, @crypto_bitlord7, @harper, @bantg, @seyitaylor, and @carnage4life
| Gregory Zuckerman / Wall Street Journal: |
Sources detail Alameda's early years, starting in fall 2017, as SBF shrugged off concerns about risky investments, leading several employees to quit in 2018 — ‘We ended up not really knowing how much money we even had,’ one former employee says — Why FTX Picked the Bahamas, and What Happens Now to the Crypto Hub| Financial Times: |
Interviews detail FTX and SBF's lavish spending with minimal internal controls, including $300M+ on Bahamas real estate and a private deal to fly Amazon orders — When crypto exchange FTX moved its headquarters to the Bahamas from Hong Kong last year, employees discovered that Amazon did not deliver to the island.
More:
CoinDesk, Insider, CryptoPotato, New York Post, and Bloomberg
| Juli Clover / MacRumors: |
Elon Musk says he met with Tim Cook at Apple's HQ on Wednesday, and that Cook was clear that Apple “never considered” removing Twitter from the App Store — Twitter CEO Elon Musk today met with Apple CEO Tim Cook at the Apple Park campus in Cupertino, California, according to a tweet shared by Musk this afternoon.
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Engadget, The Information, The Verge, Reuters, 9to5Mac, Barron's Online, Insider, AppleInsider, 9to5Mac, Wall Street Journal, CNBC, Bloomberg, Digital Trends, BGR, Fortune, iClarified, NBC News, MacDailyNews, iPhone in Canada Blog, and Patently Apple
Tweets: @elonmusk, @elonmusk, @bradmossesq, @patrickbetdavid, @shaig, @karlbode, @karaswisher, @eggerdc, @pkafka, and @charlesarthur
| CNBC: |
Salesforce says Bret Taylor will step down as vice chair and co-CEO on January 31, 2023, and Marc Benioff will stay on as chair and CEO — - Observers viewed Bret Taylor as a possible successor for Marc Benioff, Salesforce's iconic co-founder. — It's the second time in less than three years …
More:
CNN, Fortune, CRN, Seattle Business Journal, Bloomberg, The Information, and SiliconANGLE
Tweets: @thekenyeung, @benioff, and @barchart
| Juliana Liu / CNN: |
Chinese state media: a five-day COVID lockdown in Zhengzhou, home of Foxconn's “iPhone City”, has been lifted; an analyst says disruptions cost Apple ~$1B/week — Hong Kong CNN Business — The central Chinese city of Zhengzhou, home to the world's largest iPhone factory …
More:
Ming-Chi Kuo, Forbes, CRN, 9to5Mac, South China Morning Post, iMore, Philip Elmer‑DeWitt, and The Register
Tweets: @williamyang120 and @jchengwsj
| Danny Nelson / CoinDesk: |
US crypto exchange Kraken plans to lay off 1,100 people, or 30% of its workforce, citing a need to “adapt to current market conditions” — The crypto exchange is laying off 1,100 people, sending its headcount back 12 months. — Crypto exchange Kraken said Wednesday …
More:
Kraken Blog, The Verge, CNBC, Bloomberg, PYMNTS.com, Barron's Online, San Francisco Business Journal, Neowin, Fortune, The Information, Decrypt, and The Block
Tweets: @jeffjohnroberts, @jespow, @fintechfrank, @carlquintanilla, and @tier10k
| Manish Singh / TechCrunch: |
The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points — European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …
More:
European Central Bank, RTÉ, Finbold, PYMNTS.com, Gizmodo, CNBC, The Guardian, CryptoSlate, Bitcoin News, Cointelegraph, and TechSpot
Tweets: @ecb, @katie_martin_fx, @thestalwart, @joel_john95, @thestalwart, @notgrubles, @paulbuitink, @udiwertheimer, @wintonark, @btc_archive, @smtuffy, @nvk, @mdudas, @storagezilla, @lefterisjp, @smtuffy, @loomdart, @loopifyyy, @katie_martin_fx, @loic, @thestalwart, @erikvoorhees, @mayhem4markets, and @ben_mckenzie
| Carly Page / TechCrunch: |
Google says Barcelona-based spyware vendor Variston planted spyware by exploiting zero-day flaws in Chrome, Firefox, and Windows between 2018 and 2022 — A Barcelona-based company that bills itself as a custom security solutions provider exploited several zero-day vulnerabilities in Windows …
More:
The Keyword, Decipher, Security Affairs, SecurityWeek, BleepingComputer, ZDNet, The Record, Wired, Dark Reading, Search Engine Journal, @GossiTheDog@cyberplace.social, and MUO
Tweets: @zackwhittaker, @rondeibert, @jsrailton, and @jsrailton
| Jackie Davalos / Bloomberg: |
Memo: DoorDash plans to lay off around 1,250 employees, aiming to curb expenses; sources say that represents around 6% of its workforce — DoorDash Inc. is cutting about 1,250 jobs to rein in expenses, acknowledging that a rapid expansion during the pandemic boom has led to mounting losses.
More:
DoorDash Newsroom, CNN, CNBC, TechCrunch, SlashGear, The Hill, San Francisco Business Journal, Newser, and Reuters
Tweets: @t_xu, @jonfortt, @carnage4life, and @alex
| Sergiu Gatlan / BleepingComputer: |
LastPass says attackers accessed customers' data after breaching its cloud storage using information stolen during a security incident in August 2022 — LastPass says unknown attackers breached its cloud storage using information stolen during a previous security incident from August 2022.
More:
The LastPass Blog, PCMag, CRN, and The Verge
Tweets: @hackingdave, @gazthejourno, @martinsfp, @db, and @chriskeall
| Sara Fischer / Axios: |
Mark Zuckerberg says Apple's policies that let the company unilaterally control which apps can be installed are not sustainable and cause a conflict of interest — Meta CEO Mark Zuckerberg on Wednesday added to the growing chorus of concerns about Apple, arguing that it's …
More:
New York Times, Wall Street Journal, Insider, Vox, MacRumors, PYMNTS.com, New York Times, CoinDesk, CNBC, Insider, Australian Financial Review, Insider, Reuters, iPhone in Canada Blog, New York Times, Observer, and iMore
Tweets: @lucas_shaw, @sherman4949, @dealbook, @rstephens, @lawhawk, @nytimes, @nytimes, @axios, and @jason_kint
| Taylor Locke / Fortune: |
Uniswap Labs launches an NFT marketplace aggregator with listings from OpenSea, LooksRare, NFTX, and others, after acquiring the aggregator Genie in June — Though sales of nonfungible tokens, or NFTs, have dropped substantially amid the ongoing Crypto Winter, Uniswap Labs remains bullish on the future of the market.
More:
Uniswap Protocol, The Block, CoinDesk, CoinGape, ToolsForCrypto's Newsletter, crypto.news, Ethereum World News, Blockworks, and Decrypt. Tweets: @uniswap
| Yogita Khatri / The Block: |
Binance acquires Japan-based licensed exchange Sakura Exchange BitCoin for an undisclosed sum, marking its re-entry into Japan and first license in East Asia — - Binance has entered Japan by acquiring the locally licensed exchange Sakura Exchange BitCoin (SEBC). — The terms of the deal were not disclosed.
More:
Binance Blog, Binance, Bitcoinist.com, and Blockworks
Tweets: @cz_binance, @tree_of_alpha, @wublockchain, @watanabesota, and @binance
| Jon Fingas / Engadget: |
Twitch unveils Shield Mode, which lets streamers and mods activate customizable safety measures with one click, mass ban chatters using specific terms, and more — Twitch has steadily added to its streamer safety measures, but they can still be a pain to use if a hate raid or dedicated harasser makes life miserable.
More:
Twitch Safety, 9to5Mac, Game Developer, Eurogamer.net, Game Rant, PC Gamer, and The Verge. Tweets: @frost
| Danny Nelson / CoinDesk: |
Telegram CEO Pavel Durov says the messaging app plans to build a decentralized crypto exchange and noncustodial wallets — The messaging app is pushing ahead with its buildout of crypto infrastructure. — Messaging app Telegram has sold $50 million in usernames in less than a month through … | David Pan / Bloomberg: |
As crypto miners default on loans, lenders could receive mining equipment as collateral, a popular financing tool, increasing losses as the rigs' value plunges — Beleaguered crypto lenders are being dealt another blow from Bitcoin miners as they weather the aftermath of the FTX collapse.
More:
Bitcoinist.com, Bolt Miner Newsletter, and NewsBTC
Tweets: @silvermanjacob, @davidpan_1, and @ldrogen
| Ariel Shapiro / The Verge: |
Spotify releases Wrapped 2022 for users, adding a “music personality” feature, and says Joe Rogan, Emma Chamberlain, and others were its top podcasters — Spotify Wrapped is here, and with it, a slew of year-end charts, data, and graphics ripe for sharing.
More:
Spotify, TechCrunch, Spotify, TechCrunch, Bloomberg, POPSUGAR, PCMag, New York Post, BGR, Mashable, Fox News, Gizmodo, 9to5Mac, and Never Hungover
Tweets: @musicstruggles1, @0xgaut, @carnage4life, @anthony, @brandonwong1004, and @jackmaccfb
| Thomas Germain / Gizmodo: |
Pathmatics: Apple's Twitter ad purchases grew from $989K in October to $1M+ in November; on November 28, Elon Musk said Apple “mostly stopped” Twitter ads — Musk tweeted that Apple had all but stopped buying ads on Twitter. The iPhone maker's ad purchases had actually increased, according to an ad analytics firm.
More:
Insider, International Business Times, and Financial Times. Tweets: @evelyndouek. Thanks:@thomasgermain
| Ashley Capoot / CNBC: |
Snowflake reports Q3 revenue up 67% YoY to $557M, vs. $539M est., and anticipates Q4 product revenue between $535M and $540M, vs. $553M est.; stock drops 12%+ — - Snowflake fell in extended trading on Wednesday after the company released third-quarter results that beat estimates but offered light product revenue guidance.
More:
CRN, SiliconANGLE, Bloomberg, Barron's Online, and Snowflake Investor Relations
| Financial Times: |
A look at China's growing interest in the open-source Risc-V chip architecture after US sanctions, including enlisting Alibaba and Tencent to help design chips — Chinese government steps up push to use Risc-V in move aimed at boosting domestic production of semiconductorsSponsor Posts
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