Binance announces a recovery fund to help “otherwise strong” projects facing a liquidity crisis; Justin Sun says Tron, Huobi, and Poloniex will support Binance
Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative.
Jeff Bezos says he plans to give away the majority of his $124B net worth, but offers few specifics; Bezos has been criticized 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?
Sources: Twitter cut ~4,400 of its ~5,500 contract staff on November 12, which is expected to significantly impact content moderation and core infrastructure
Update: company sources tell me that yesterday Twitter eliminated ~4,400 of its ~5,500 contract employees, with cuts expected to have significant impact to content moderation and the core infrastructu...
Source: Michael Lewis shadowed Sam Bankman-Fried for the past six months and CAA is pitching Lewis' yet-to-be-written book on FTX's collapse to Hollywood buyers
Author compares Sam Bankman-Fried, Binance's CZ to ‘Luke Skywalker and Darth Vader’ in email sent by CAA — In this issue:
Sources and docs: Elon Musk's SpaceX orders a large Twitter ad package, promoting Starlink in a “takeover” in Spain and Australia that can cost $250K+ per day
- Elon Musk's aerospace business SpaceX just ordered one of the larger advertising packages available from Twitter …
Sources: Amazon plans to lay off ~10,000 people in corporate and tech jobs, or ~3% of its corporate staff, as soon as this week, the largest cuts in its history
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.
DeviantArt announces DreamUp, a text-to-image generator based on Stable Diffusion, drawing intense criticism from its artist community
Confused artists discover their work will be used for AI training by default. — On Friday, the online art community DeviantArt announced DreamUp …
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement
Nikhilesh De / CoinDesk :
Sources: Sam Bankman-Fried and most of his inner circle are still in the Bahamas but many senior FTX employees left for Hong Kong and elsewhere in recent days
An investigation finds thousands of iOS and Android apps, including from the CDC and US Army, used Russia-based tech company Pushwoosh's code for notifications
Thousands of smartphone applications in Apple (AAPL.O) and Google's (GOOGL.O) online stores contain computer code developed …
Binance and Huobi block deposits of FTX's native token, FTT, after 192M+ tokens worth ~$400M were released out of schedule and without warning from FTX
FTX's horrific collapse, the worst single event ever in crypto, will linger for years and shows why the industry needs to get serious about proving 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.
Crypto.com CEO Kris Marszalek admits the company accidentally sent 320K ETH (~$416M) meant for cold storage to crypto exchange Gate.io, which returned the funds
There are very suspect events happening at Crypto.Com. Vishal Chawla / The Block : Crypto.com accidentally transferred $400 million worth of ETH to another exchange, CEO says Justin Roberti / Benzinga...
CryptoQuant: users removed net $3.7B in bitcoin, $2.5B in ether, and $2B+ in stablecoins from exchanges between November 6 and November 13, as FTX collapsed
Bloomberg :
VideoLAN confirms India's Ministry of Electronics and IT has removed its ban on downloading the VLC media player, in effect for over nine months
India has lifted the download ban on VLC, more than nine months after it mysteriously blocked the official website of the popular media playback software in the South Asian market.
Interviews with dozens of Apple Store employees in nine US cities show rising dissatisfaction thanks to increasing pressure to upsell, leading some to unionize
The Apple Store where you'll do some holiday shopping this year looks the same as always. White-oak tables in neat rows welcome …
Seeking to diversify its revenue streams, Klarna launches a price comparison tool in the US, UK, and Nordics; Klarna acquired PriceRunner for ~$125M in 2022
Aisha S Gani / Bloomberg :
A profile of Changpeng Zhao, as sources describe a divisive entrepreneur on a relentless drive to grow at all costs, including by ignoring regulatory compliance
An in-depth look at North Korea's crypto cyber crime, used to support the regime: hacking Axie Infinity and Bangladesh Bank, running a fraudulent ICO, and more
without hurting its position in the global economy owing to its isolation https://www.ft.com/... https://twitter.com/... Christian Davies / @crsdavies : Cryptocurrency theft has become one of North Ko...
YouTube introduces a Live Q&A feature designed to help creators select and manage viewers' chat questions during livestreams
A profile of Unity CEO John Riccitiello, as he faces criticism for the company's targeted ads, his metaverse ambitions, years of dating the head of HR, and more
Bloomberg : Tweets: @scobleizer , @tedbrownxr , @scobleizer , @tedbrownxr , @molleindustria , @epro , @iamstacetheace , @bradstone , @jasonschreier , @josheidelson , @austincarr , @eric_seufert , @fi...
A profile of Dan O'Dowd, who made a fortune with his embedded systems OS company and is now obsessed with exposing Tesla's FSD beta as incomplete and unsafe
Gerrit De Vynck / Washington Post : Tweets: @gerritd , @realdanodowd , @gartenberg , and @niubi Tweets: Gerrit De Vynck / @gerritd : Dan O'Dowd says Tesla's “full self-driving” tech is dangerous. He'...
Sequoia's 14,000-word SBF profile by journalist Adam Fischer was mishandled and, since being deleted, has served no purpose other than to embarrass the firm
A now-infamous profile of the fallen FTX founder illustrates the predictable dangers of corporate content creation. But first... Tweets: @ericnewcomer , @ashleevance , @shonaghosh , @ericjang11 , and...
A demand drop, manufacturing capacity jump, and other factors led to a sharp chip cycle downturn, which some suggest means a bottom in the market may be near
Elon Musk is failing to convince people that Twitter is a town square, telling users what they can and can't say for a laugh and charging $8 for the privilege
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.