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VOICE ARCHIVE

Josh Barro

@jbarro
81 posts
2025-04-03
These people do not get that other countries have politics, too
2025-04-03 View on X
CNBC

Tech stocks fall after President Trump announced new global tariffs: Meta drops as much as ~8%, Amazon drops ~7%, Nvidia ~5%, Alphabet ~4%, and Microsoft ~3%

Apple slid more than 6% in late trading Wednesday and led a broader decline in tech stocks after President Donald Trump announced …

2025-01-10
oh no! people can have bad ideas now
2025-01-10 View on X
The Intercept

A look at Meta's convoluted or contradictory hate speech examples for user content moderators, allowing derogatory remarks about races, nationalities, and more

Meta is now granting its users new freedom to post a wide array of derogatory remarks about races, nationalities, ethnic groups …

2023-10-03
Really disappointing for Michael Lewis to be this credulous
2023-10-03 View on X
New York Times

Michael Lewis depicts Sam Bankman-Fried as delusional in his new book, Going Infinite, but says SBF's explanations remain “irritatingly difficult to disprove”

“Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried's rise and fall.

2023-08-20
As Andy notes, the Apple App Store TOS requires that apps have a block function, so, Twitter will have a block function
2023-08-20 View on X
The Verge

Elon Musk claims “block is going to be deleted as a ‘feature’, except for DMs”, without giving any details, in a reply to a user's X post about block vs. mute

the ability to block trolls Metro.co.uk : Elon Musk plans to stop letting X (formerly Twitter) users block each other Jorge Aguilar / Android Police : The app formally known as Twi...

2023-08-19
As Andy notes, the Apple App Store TOS requires that apps have a block function, so, Twitter will have a block function
2023-08-19 View on X
The Verge

Elon Musk claims “block is going to be deleted as a ‘feature’, except for DMs”, without giving any details, in a reply to a user's X post about block vs. mute

Elon Musk says X's — formerly Twitter's — block feature is on the chopping block …

2023-03-25
I disagree: news media should not spend more time arguing that taking away our checkmarks is an attack on the free press https://twitter.com/...
2023-03-25 View on X
The Verge

A researcher finds Verification settings in Twitter's app showing that the company may be working on letting Blue subscribers hide their blue checkmark

Twitter may be working on a feature that lets you hide the blue checkmark you got by paying for its Blue subscription.

I disagree: news media should not spend more time arguing that taking away our checkmarks is an attack on the free press https://twitter.com/...
2023-03-25 View on X
Variety

Twitter plans to wind down its legacy verified program, first introduced in June 2009, and remove legacy verified checkmarks starting on April 1, 2023

Ahead Of Twitter's Looming Verification Rollback Muskaan Saxena / TechRadar : Twitter's blue-check doomsday date is set and it's no April Fool's joke Megan Ellis / MakeUseOf : Twit...

2023-03-13
VCs believing they caused the SVB bailout by whining on Twitter and Elon being willing to pay $44 billion for Twitter are related phenomena
2023-03-13 View on X
Financial Times

Having perfected the art of using hype to move markets, VCs managed to hype their own rumors to collapse SVB, accidentally slaying a much loved accomplice

After more than a decade of venture capitalists insisting they provide more than just cash to their portfolio companies, the moment to prove that finally arrived.

VCs believing they caused the SVB bailout by whining on Twitter and Elon being willing to pay $44 billion for Twitter are related phenomena
2023-03-13 View on X
U.S. Department of the Treasury

The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13

WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …

2023-03-12
Lots of interesting stuff in here, including that Silicon Valley Bank had no chief risk officer from 4/22 to 1/23, a period when rising interest rates were causing a lot of trouble for its asset book. https://www.businessinsider.com/ ...
2023-03-12 View on X
Bloomberg

As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality

an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...

I think the model is more that, if they promise to keep doing business with neo-SVB, that makes SVB more attractive to a *private* buyer (like JPMorgan or whoever) who might therefore agree to pay 100% of uninsured deposits. It may work! https://twitter.com/...
2023-03-12 View on X
Bloomberg

As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality

an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...

2023-01-03
I have an idea: stock mutual funds, government bonds, and FDIC-insured deposit accounts https://twitter.com/...
2023-01-03 View on X
Cointelegraph

Luke Dashjr, an original core developer of Bitcoin, claims someone stole “basically all” his BTC by compromising his PGP key; a wallet shows ~217 BTC were moved

Stephen Katte / Cointelegraph :

2022-12-26
We have an essay from @Popehat on how SBF got bail. One thing he had going for him: Affluent people are more likely to have relatives or close associates with things worth fucking up, who will post those things to be fucked up if the defendant absconds. https://www.serioustrouble.show/ ... https://twitter.com/...
2022-12-26 View on X
Reuters

Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX

bond packages only require around 10-15% of the total amount to be paid. Teflon Tom / @agrizzi8 : This case offers an insight into the world of crypto. Rather than accidental, the ...

We have an essay from @Popehat on how SBF got bail. One thing he had going for him: Affluent people are more likely to have relatives or close associates with things worth fucking up, who will post those things to be fucked up if the defendant absconds. https://www.serioustrouble.show/ ... https://twitter.com/...
2022-12-26 View on X
Los Angeles Times

FOIA emails detail Sam Bankman-Fried's courtship of US federal regulators, including hiring former regulators and dining with ex-CFTC Commissioner Dan Berkovitz

Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader …

2022-12-25
We have an essay from @Popehat on how SBF got bail. One thing he had going for him: Affluent people are more likely to have relatives or close associates with things worth fucking up, who will post those things to be fucked up if the defendant absconds. https://www.serioustrouble.show/ ... https://twitter.com/...
2022-12-25 View on X
Reuters

Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX

Sam Bankman-Fried and other FTX executives received billions of dollars in secret loans from the crypto mogul's Alameda Research …

2022-12-05
Someone asked me “weren't there audited financials?” and yes that probably would have been ideal lol, but: https://www.documentcloud.org/ ... https://twitter.com/...
2022-12-05 View on X
Financial Times

Sam Bankman-Fried admits involvement in two of Alameda's largest uses of funds: spending $3B to buy out Binance's FTX stake and pouring $4B into venture capital

Exchange's former CEO says he was close to key decisions at nominally separate trading firm  —  Speaking from his bed in Nassau …

Can one really call an interview with SBF an “exclusive” at this point? https://www.wsj.com/...
2022-12-05 View on X
Financial Times

Sam Bankman-Fried admits involvement in two of Alameda's largest uses of funds: spending $3B to buy out Binance's FTX stake and pouring $4B into venture capital

Exchange's former CEO says he was close to key decisions at nominally separate trading firm  —  Speaking from his bed in Nassau …

2022-12-02
I realize trying to make this make sense is pointless, but even if SBF had his hands completely off from Alameda (lol yeah right) shouldn't he have noticed its humongously gigantic “margin position” at FTX in his capacity running FTX?
2022-12-02 View on X
New York Times

A video and live blog of Sam Bankman-Fried being interviewed by Andrew Ross Sorkin at the New York Times' DealBook Summit, covering FTX, Alameda, and more

FTX, the crypto exchange Mr. Bankman-Fried founded, declared bankruptcy this month in a failure that wiped out billions of investor dollars.

I realize trying to make this make sense is pointless, but even if SBF had his hands completely off from Alameda (lol yeah right) shouldn't he have noticed its humongously gigantic “margin position” at FTX in his capacity running FTX?
2022-12-02 View on X
Bloomberg

In his NYT interview, SBF gave few straight answers while admitting to gross errors, denying claims of fraud, and claiming he “didn't knowingly commingle funds”

You hold customers' funds and don't do ANYTHING with them except hold them. When your customers ask for them back you give it to them - immediately. https://twitter.com/... @cmsint...

2022-12-01
I realize trying to make this make sense is pointless, but even if SBF had his hands completely off from Alameda (lol yeah right) shouldn't he have noticed its humongously gigantic “margin position” at FTX in his capacity running FTX?
2022-12-01 View on X
New York Times

A video and live blog of Sam Bankman-Fried being interviewed by Andrew Ross Sorkin at the New York Times' DealBook Summit, covering FTX, Alameda, and more

FTX, the crypto exchange Mr. Bankman-Fried founded, declared bankruptcy this month in a failure that wiped out billions of investor dollars.