Sources: Andreessen Horowitz is an investor in Android founder Andy Rubin's new hardware startup Simple Things and Marc Andreessen sits on the board
Alameda Research CEO says FTX Ventures absorbed Alameda's VC operations; FTX's Amy Wu says the transition began in January 2022, when FTX Ventures raised $2B
Crypto exchange FTX absorbed the venture capital operations of Alameda Research, an effort to consolidate parts …
FTX CEO Sam Bankman-Fried denies that FTX Ventures is merging with Alameda Research's VC operations
*FTX*'s venture investing is concentrated under FTX Ventures; that's different from Alameda's ventures, which aren't... @sbf_ftx : this seems like a big misrepresentation to me! FT...
Hours before Sky Mavis told users it was hacked, CEO Trung Nguyen moved about $3M worth of Axie Infinity's main token AXS; Sky Mavis says it was to help users
Joshua Brustein / Bloomberg :
Sources: some US news outlets prepare for shortfalls as Meta weighs ending fees for news; annual fees averaged $20M+ for NYT, $15M+ for WaPo, and $10M+ for WSJ
Social-media company pays more than $10 million a year to a handful of news organizations to feature their content on its news tab
Clubhouse eliminated “a handful of roles” as part of a broader restructuring; leaving staff include the heads of news partnerships, community, and international
Clubhouse, the social audio app that became a big hit during the early days of the pandemic, laid off multiple employees this week …
Source: Twitter could reach a deal with Elon Musk for a takeover at $54.20 per share as soon as today
Twitter is in the final stretch of negotiations about a sale to Elon Musk, a person with knowledge of knowledge of the matter said, Bloomberg News reports.
A look at the self-righteous anger in the Web3 community over the identification of the founders of the Bored Ape Yacht Club NFT collection
The self-righteous anger over the identification of the founders of a popular NFT club says a lot about the web3 battles to come in the years ahead.
How the feds caught Heather Morgan and Ilya Lichtenstein as they allegedly attempted, rather sloppily, to launder bitcoin from the Bitfinex hack
Bitfinex laundry — In her public life, Heather Morgan seems to have been the cringiest imaginable sort of crypto-adjacent hustle-bro.
Profile of Ann Lai, who settled a harassment lawsuit against Justin Caldbeck's Binary Capital in 2020, as she talks about her ordeal publicly for the first time
After a deadly warehouse collapse in Illinois, Amazon staff say a ban on phones at work denies access to emergency alerts and a way to contact first responders
- Online retailer is returning to a cell phone ban in warehouses — Workers say they want access to weather alerts, communication
Interviews with 16 current and former Apple retail, support, and sales employees detail harsh working conditions, poor pay, and little interest from HR
DeFi protocol BadgerDAO is investigating after security researchers say $120.3M was stolen from users via its compromised front end
Quick Take — DeFi protocol BadgerDAO was exploited earlier today for $120 million. — It appears that its front end was compromised and users were tricked into making unwanted tra...
Congress will hold a hearing with CEOs from Coinbase, Circle, FTX, Bitfury, Paxos, and Stellar on December 8 to discuss digital assets and the future of finance
Turner Wright / Cointelegraph :
Spotify removes shuffle play as the default option on albums for premium users, so tracks play in the order artists intended, after Adele requests the change
Adele has persuaded Spotify to take the shuffle button off all album pages so tracks play in the artist's own order.
Zoom says it is testing showing ads to free users; the ads appear on the browser page shown to users at the end of a call
They'll appear in a browser page at the end of meetings — Zoom is piloting showing ads to users on its free “Basic” tier, the company has announced in a blog post.
A deep dive on Tether, which issued 48B coins this year, as regulators struggle to understand its cash reserves, organizational structure, and other details
something money-market funds avoid.” By @ZekeFaux https://www.bloomberg.com/... Daniel Viola / @dannyviola : Great investigation into the likely Ponzi scheme that is Tether: http...
Investigation into Tether, which issued 48B coins this year, as regulators struggle to understand its cash reserves, organizational structure, and other details
A wild search for the U.S. dollars supposedly backing the stablecoin at the center of the global cryptocurrency trade …
Facebook apologizes after its AI recommendation feature categorized a video of Black men as “about Primates”; Facebook disabled the feature and is investigating
Ryan Mac / New York Times :
Facebook apologizes after its AI recommendation feature categorized a video of Black men as “about Primates”; Facebook disabled the feature and is investigating
Facebook called it “an unacceptable error.” The company has struggled with other issues related to race.