Techmeme
November 22, 2022, 1:30 PM

Top News

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.
Alex Heath / The Verge:
Sources: at an all-hands, Elon Musk said Twitter is done with layoffs and actively recruiting for roles in engineering and sales; Twitter has 2,700+ employees  —  After purging nearly two-thirds of Twitter's 7,500-person workforce in three weeks, Elon Musk is hiring again.
Alex Heath / The Verge:
Elon Musk holds Blue Verified's relaunch until “there is high confidence of stopping impersonations” and floats using different colors for orgs and individuals  —  Elon Musk told Twitter employees on Monday that the company won't relaunch its paid verification subscription …
New York Times:
After taking over Twitter, Elon Musk repeats tactics from SpaceX and Tesla, including firing workers, talking of bankruptcy, and introducing a “hardcore” style  —  Firing people.  Talking of bankruptcy.  Telling workers to be “hard core.”  Mr. Musk has repeatedly used those tactics at many of his companies.
Koh Gui Qing / Reuters:
Records: FTX, its executives, and SBF's parents bought 19+ properties in the Bahamas worth ~$121M over the past two years as “residence for key personnel”  —  Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought …
Eliza Gkritsi / CoinDesk:
Filings: FTX, Alameda, and other affiliates have $1.2B in cash reserves, below the $3.1B owed to the top 50 creditors; Alameda's reserves are largest at ~$393M  —  The bankrupt crypto exchange FTX owes around $3.1 billion to its top 50 creditors.  —  The various divisions …
Sunil Jagtiani / Bloomberg:
Samuel Stolton / Politico:
The UK's CMA launches an investigation into Apple's and Google's dominance in mobile browsers and cloud gaming, following a survey that found a “stranglehold”  —  Apple and Google could be forced to loosen their grip on mobile systems after the United Kingdom's competition watchdog launched …
Bloomberg:
Sources: Binance CEO Changpeng Zhao met with investors in Abu Dhabi last week to raise money for a crypto industry recovery fund  —  Binance Chief Executive Officer Changpeng “CZ” Zhao and several deputies met with investors in Abu Dhabi last week in an effort to raise cash …
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 …
Sarah Perez / TechCrunch:
Tumblr plans to support ActivityPub, the open and decentralized social networking protocol powering Mastodon, Instagram-like Pixelfed, PeerTube, and others  —  Tumblr will add support for ActivityPub, the open, decentralized social networking protocol that's today powering social networking software …
David Enrich / New York Times:
An investigation reveals how online US sports betting grew so big, so fast and what the consequences are likely to be for public health, taxpayers, and others  —  The New York Times examined thousands of pages of documents and interviewed lobbyists, executives, lawmakers …
Bloomberg:
Sources: Genesis struggles to raise $1B+ funding for its lending unit and warns potential investors that it may need to file for bankruptcy if its efforts fail  —  Digital-asset brokerage Genesis is struggling to raise fresh cash for its lending unit, and it's warning potential investors …
Stephanie Murray / The Block:
Ron Amadeo / Ars Technica:
Report: Amazon's hardware group is on track to lose $10B in 2022, as many Echo devices are sold at cost and plans to monetize Alexa have failed  —  Layoffs reportedly hit the Alexa team hard as the company's biggest money loser.  —  Amazon is going through the biggest layoffs …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
Celebrate and collaborate this holiday season with Zoho Cliq  —  The holiday season is a time for celebration, relaxation, and reflection.  While some people are busy wrapping presents for their loved ones …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Mon. 12/23 - The Revenge Of Google Glass?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:30 PM ET, November 22, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Cheyenne Ligon / CoinDesk:
Mark Gurman / Bloomberg: