Techmeme
November 19, 2022, 3:10 PM

Top News

Herb Scribner / Axios:
Elon Musk is running a Twitter poll on reinstating Trump, after saying in October that Twitter plans a “content moderation council” to make such decisions  —  Elon Musk dropped a 24-hour poll on his own Twitter feed Friday night asking whether or not to reinstate former President Trump to the social media platform.
Yoel Roth / New York Times:
Financial Times:
FTX CEO John Ray III plans to attempt to sell or reorganize its businesses after a review found many of its subsidiaries have “solvent balance sheets”  —  Many of collapsed crypto group's subsidiaries have ‘solvent balance sheets’, John Ray III says
Wall Street Journal:
FTX says it has fired CTO Gary Wang, engineering director Nishad Singh, and Alameda Research CEO Caroline Ellison  —  The three executives and Mr. Bankman-Fried are said to have known FTX was using customer funds to plug a funding gap  —  FTX, the cryptocurrency exchange launched by Sam Bankman-Fried …
TechCrunch:
India's new draft data protection bill proposes allowing cross-border data transfer with certain countries, unlike an earlier version which imposed restrictions  —  India has proposed a new comprehensive data privacy law that will mandate how companies handle data of its citizens …
Ryan Browne / CNBC:
Ripple says it is effectively “operating outside of the US” due to its legal fight with the SEC and is seeking a license in Ireland to drive EU expansion  —  - Ripple is expanding its presence in the EU, where it plans to “passport” its services through an entity in Ireland, General Counsel Stuart Alderoty told CNBC.
Paresh Dave / Reuters:
A court filing from Epic's lawsuit shows Google allegedly agreed to pay ~$360M over three years to keep Activision Blizzard from launching its own app store  —  Alphabet Inc's (GOOGL.O) Google has struck at least 24 deals with big app developers to stop them from competing with its Play Store …
The Verge:
More: Fortune, The Guardian, New York Post, Toronto Star, The Block, Morning Shots, SlashGear, Bloomberg, CNN, iMore, Mashable, Bloomberg, Tech.co, Read Max, Los Angeles Times, Forbes, The Register, Quartz, Insider, Gizmodo, Polygon, Wall Street Journal, Daring Fireball, Ars Technica, and Fear and Loathing …
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New York Times:
Wall Street Journal:
Sources: $300M of FTX's $420M raise in October 2021 went to Sam Bankman-Fried in a share sale he said was partial reimbursement for buying out Binance's stake  —  Cryptocurrency-exchange founder told investors last year that the share sale was partial reimbursement of money he'd spent to buy out rival Binance's stake
New York Times:
A look at South Korean conglomerate Naver's experiments with a fleet of ~100 office robots, including efforts to make employees comfortable with their presence  —  Naver, a South Korean internet firm, is trying to introduce robots into the world of cubicles and conference rooms without making employees uncomfortable.

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Will Douglas Heaven / MIT Technology Review: