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November 14, 2022, 8:00 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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Tweets: @ranimolla, @joshuaphilll, @jordynjournals, @fgoria, @tomgara, @kittypurrzog, @shayxonline, @deitaone, @samro, @ldrogen, @samro, @aishagani, @carnage4life, and @kyweise
| Kurt Wagner / Bloomberg: |
Elon Musk fired at least one company engineer, who had publicly criticized Musk on the platform over Twitter's RPCs and Twitter being slow on Android — Twitter Inc. owner Elon Musk, who has called himself a “free speech absolutist,” has resorted to firing company engineers who publicly criticize him on the social-media service.| 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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| 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, Bitcoin News, CoinGape, ZyCrypto, Fortune, Bloomberg, and CryptoPotato
| 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 …
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Wall Street Journal, Decrypt, Wall Street Journal, TheStreet, Kotaku, Ethereum World News, and DCD
| 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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| 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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Oregon Department of Justice, The Keyword, Office of the Attorney General Connecticut, The Register, Ars Technica, TheStreet, The Information, Reuters, Taking Action Items, SiliconANGLE, State of Michigan, International Business Times, AppleInsider, Insider, The Guardian, The Verge, 9to5Google, CNN, Bloomberg, Protocol, Android Authority, Search Engine Journal, Engadget, TechCrunch, Financial Times, TIME, NPR, The Record, Axios, BleepingComputer, CNBC, Near Media, WRAL TechWire, Tech Xplore, SlashGear, Oregonian, and Wall Street Journal
Tweets: @justinbrookman, @1br0wn, @agellison, and @jason_kint
| 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, Android Police, TechRadar, Neowin, TechCrunch, Engadget, The Verge, Wccftech, and Droid Life. Tweets: @mishaalrahman
| 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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Computerworld, Gizmodo, Slashdot, Appuals.com, 9to5Mac, PCMag, and Pushwoosh
Tweets: @pearswick, @pearswick, @mxbernhard, @pearswick, @stick631, @kimzetter, @pearswick, @razhael, and @davidalexander5
| Natasha Lomas / TechCrunch: |
Source: Twitter no longer fulfills obligations for claiming Ireland as its “main establishment” under the EU's GDPR, after security and privacy executives left — Next stop: Regulatory hell? — Helmed by erratic new owner Elon Musk, Twitter is no longer fulfilling key obligations required … | 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, Ars Technica, Insider, Gizmodo, CNN, MobileSyrup, PCMag, WRAL TechWire, Bloomberg, SlashGear, VICE, Reuters, Coinspeaker, Notebookcheck.net, and Watcher Guru
Tweets: @elonmusk, @lorakolodny, @drewharwell, @rmac18, @mslopatto, @docadam, @iseff, @bethbourdon, @embryethan, @blackstemusa, @owillis, @filippie509, @maplecocaine, @axellycan, @walkerbragman, @mrstuartforrest, @andylevy, @david_j_roth, @lorakolodny, @johndiesattheen, @john_hempton, @jordanzakarin, @jason_kint, and @shannonmstirone. 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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New York Times and TechCrunch
Tweets: @morningdewcap, @kylebrussell, @bradstone, @hansmahncke, @shonaghosh, @ericjang11, @chafkin, @grdecter, @juddlegum, @rafat, @thestalwart, @ericnewcomer, @carnage4life, @yoda, @hardmaru, @heidikahkonen, @ashleevance, @arashmassoudi, @markmilian, @business, @jeffjohnroberts, @katierosman, and @crypto
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