Memo: Elon Musk tells Twitter staff they can continue to receive stock and options despite the company being private, using a plan “much like that of SpaceX” — - Twitter's new owner Elon Musk told employees Monday they can receive stock and options as part of an …
Bankruptcy filings: FTX CEO John J. Ray III appoints new directors, discloses conversations with “dozens” of regulators, and estimates creditors at over 1M — FTX filed its first substantive look at the exchange's bankruptcy process days after declaring bank
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 — Created by a Vietnamese gaming studio, Axie Infinity offers players the chance to breed, trade and fight Pokémon …
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 — The spectacular collapse of 30-year-old Sam Bankman-Fried's crypto empire has fueled a spike in outflows across global crypto exchanges.
Profile of Dan O'Dowd, who made a fortune with an embedded systems software company and is now obsessed with exposing alleged shortcomings of Tesla's FSD beta — SANTA BARBARA, Calif. — When Dan O'Dowd had his midlife crisis, he bought two near-identical Tesla Roadsters, the first model the electric carmaker ever produced.
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 — John Riccitiello was on top of the metaverse. Last November the chief executive officer of Unity Software Inc. spilled the news …
Sources: Twitter has eliminated ~4,400 of its ~5,500 contract staff, with cuts expected to significantly impact content moderation and the 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 infrastructure services that keep the site up and running. People inside are stunned.
Factors like a fall in demand and an increase in manufacturing capacity have led to a sharp chip cycle downturn, suggesting a bottom in the market may be near — Growing number of companies have issued weak sales and profit projections — If Wall Street had any doubts about the speed …
Binance and Huobi block deposits of FTX's native token, FTT, after 192M tokens worth ~$400M were released out of schedule and without warning — The tokens were illicitly released from FTT's main deployer address. — Crypto exchanges Binance and Huobi blocked deposits of FTT …
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 — The Binance founder's actions left Sam Bankman-Fried's FTX filing for bankruptcy — On Tuesday afternoon Changpeng Zhao …
Harmonic, which runs a startup search query tool that is used by investors like a16z and Accel, raised a $23M Series A led by Sozo Ventures — Siri, show me fintech companies, founded in the last two years, that haven't raised over the past year but have grown headcount by 100% in the same time frame …
New York Times : Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force...
