On-chain data from Ethereum, Tron, and Solana: FTX appears to have stopped processing withdrawal requests, starting at 6:37am ET for ether
- Crypto exchange FTX seems to have stopped processing withdrawal requests, according to on-chain data. — The last outgoing transaction …
Sources: Elon Musk pitched charging most or all Twitter users for a subscription; internal estimates show Blue could lose the company ~$6/user/month in the US
Will he go through with it? PLUS: Botched layoffs, how the new Blue could lose money, and more
FTX CEO Sam Bankman-Fried says “FTX is fine” as Binance begins selling FTX's FTT token; an Alameda balance sheet leaked on November 2 showed $8B in liabilities
- FTX CEO Sam Bankman-Fried insisted his crypto exchange is “fine” after rival Binance announced it would start selling its holdings of FTX's FTT token.
Binance CEO Changpeng Zhao says the company signed a non-binding LOI to fully acquire FTX.com and help cover its liquidity crunch, pending due diligence
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://ftx.com/ and help cover the liquidity...
Nintendo reports Q2 operating profit of ~$809M, up from ~$685M YoY, and cuts its fiscal year Switch sales forecast by 10% to 19M; a weakened yen boosts results
Nintendo Co. cut its fiscal-year forecast for Switch console sales by 10% to 19 million after reporting earnings in line with expectations.
FTX's FTT drops ~20% to around $18 as investors fear possible contagion from the collapse of FTX-linked Alameda; Nansen shows FTX outflows reached $450M+
The FTT price has declined nearly 14% over the past 24 hours, with Solana's SOL and Serum's SRM taking losses along with bigger cryptocurrencies like bitcoin and ether.
As Twitter's problems mount, Elon Musk is on pace to tweet over 750 times in November, or more than 25 times a day, up from around 13 per day in April
The new owner of Twitter has embarked on a tweeting spree to push back, spar and justify his actions. — Ryan Mac, who is based in Los Angeles …
Nvidia offers Chinese customers the A800 GPU, which the company says meets US export control rules, as an alternative to the A100 that the US banned for export
U.S. chip maker Nvidia Corp (NVDA.O) said on Monday it is offering a new advanced chip in China that meets recent export control rules aimed …
Sources: Apple's search for a new product design lead has been hindered by high turnover, leaving few candidates for a department still in Jony Ive's shadow
Turnover at Apple Inc. has hindered efforts to replace the head of product design, leaving a gaping hole at the helm …
Google and Renault expand their four-year partnership to develop a “software-defined vehicle” based on Google's Android Automotive OS
This “software-defined vehicle” will be built on Google's Android Automotive operating system and send data to the company's cloud servers for processing, the companies announced.
Analysis: Apple's corporate diplomacy in Beijing helped it evade crackdowns and kept its profits above China's tech giants but exposes it to supply chain shocks
The most profitable tech company operating in China is not a homegrown internet giant such as Alibaba or Tencent, but California-based Apple.
Source: Twitter tells advertisers the service added 15M+ mDAUs since the end of Q2, “crossing the quarter billion mark”; Musk also tweeted user numbers are up
Twitter's daily user growth hit “all-time highs” during the first full week of Elon Musk owning the platform …
Early Twitter investor Chris Sacca says Elon Musk is “alone right now and winging this” and needs people around him willing to “speak some truth to power”
- Venture capitalist Chris Sacca was one of Twitter's first investors and an early user.
An investigation shows TrustCor Systems, used by Chrome, Safari, and Firefox as a root certificate authority, has connections to US intel and law enforcement
TrustCor Systems vouches for the legitimacy of websites. But its physical address is a UPS Store in Toronto. Tweets: @shashj , @josephmenn , @jvagle , @matthew_d_green , and @v0max Tweets: Shashank J...
The US DOJ seized 50,676 bitcoins in November 2021, now worth ~$1B, from James Zhong, who pled guilty to wire fraud for taking the coins from Silk Road in 2012
Oliver Knight / CoinDesk :
Inside Meta's Oversight Board after two years: $150M funding through 2025, ~2M appeals, 28 rulings, and 119 recommendations, as it begins to win over critics
Mark Zuckerberg set up the panel to investigate how his company handles controversial posts. Now its members want to transform how social platforms work. Tweets: @stevenlevy , @klonick , and @codycom...
Elon Musk says Twitter handles “engaging in impersonation without clearly specifying ‘parody’ will be permanently suspended” and there will be no more warnings
let's break down what our policies are, and some of the big questions we still need to answer... Elon Musk / @elonmusk : My commitment to free speech extends even to not banning the account following ...
Take-Two reports Q2 bookings up 53% YoY to $1.5B, below $1.55B estimates, and revises FY 2023 bookings down to $5.5B; stock drops 17%+
Jason Schreier / Bloomberg :
Indonesia-based PT Global Digital Niaga, which owns e-commerce group Blibli, raised ~$509M in Jakarta's second-largest IPO in 2022, after GoTo's $1.1B April IPO
Bloomberg :
Eliyan, which develops NuLink to connect chiplet components more efficiently, raised a $40M Series A from Intel, Micron, and others
Kyle Wiggers / TechCrunch :
Greece's Prime Minister Kyriakos Mitsotakis plans to ban selling spyware after his government was accused of surveillance, resulting in a judicial investigation
New York Times :
Some NFT marketplaces stop honoring NFT royalties, usually a 5%-10% fee set by the creator and paid by sellers on secondary market sales, rocking the community
Andrew Hayward / Decrypt : Tweets: @opensea and @bobbyhundreds Tweets: @opensea : There's been a lot of discussion over the past few months about business models for NFT creators & whether creator fe...
Signal launches its Stories feature out of beta on Android and iOS, letting users share Stories that expire after 24 hours
If your favorite way to update your friends about life disappears in 24 hours, we've got some happy news for you. Livemint : WhatsApp rolls out rich text preview on iOS: All you need to know on featur...
Paris-based PhotoRoom, which plans to add generative AI to its photo editing app for e-commerce vendors and SMBs, raised a $19M Series A; the app has 7M MAUs
Romain Dillet / TechCrunch :
Intel, Samsung, TSMC, and 62 other companies form the Semiconductor Climate Consortium to cut greenhouse gas emissions “throughout the electronics value chain”
Samuel K. Moore / IEEE Spectrum :
Activision Blizzard reports Q3 net bookings down 3% YoY to $1.83B vs. $1.7B est., and MAUs down 6% YoY to 368M; Modern Warfare II made $1B+ in its first 10 days
Dean Takahashi / VentureBeat :
Q&A with outgoing Y Combinator President Geoff Ralston on his decision to leave the accelerator, its investing capital sources, the market slowdown, and more
Last week at Web Summit, we were asked to interview outgoing Y Combinator President Geoff Ralston about the past, present, and future of the popular accelerator program.
Airbnb plans to show the total cost of stays including cleaning fees in its search results starting in December 2022, after announcing a fee review in May 2021
you feel like prices aren't transparent and checkout tasks are a pain. That's why we're making 4 changes: 1. Starting next month, you'll be able to see the total price you're paying up front. https://...
Telegram adds voice-to-text video transcription, separate topics in large group chats, NFT-like “Collectible Usernames” on the TON blockchain network, and more
Jess Weatherbed / The Verge :
Sources: responding to a slowing economy and weakening ad market, ByteDance overhauls TikTok's US operations, including demoting general manager Sandie Hawkins
Chinese-owned social platform makes sweeping leadership changes in its largest market — TikTok's US operations are undergoing …
An interview with YouTube Shorts Director of Product Management Todd Sherman on UI challenges as YouTube rolls out the TikTok competitor to its TV apps
David Pierce / The Verge :
Research: the US tech industry shed 9,587 jobs in October, the highest since November 2020; in 2022, 104K+ startup workers have lost jobs, up from 81K in 2020
Julia Love / Bloomberg :
Lyft reports Q3 revenue up 22% YoY to $1.05B, riders up 7% YoY to 20.31M, vs. 21.3M est., and a $422.2M net loss, up from $99.7M YoY; stock drops 15%+
Preetika Rana / Wall Street Journal :
Ahead of the US midterms, researchers say that YouTube, which often flies under the misinformation radar, has blind spots that let false narratives slip through
Palantir reports Q3 revenue up 22% YoY to $478M, vs. $470M est., US commercial customer count up 124% YoY, and US commercial revenue up 53% YoY; stock down 12%+
BlockFi debuts a digital assets interest product for US accredited investors, after shutting down a yield-paying crypto product the SEC said was illegal
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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.