Friday, November 18, 2022

A profile of Caroline Ellison, the risk-loving, "very mathy" Alameda Research CEO that sources say was "virtually invisible" in Alameda's last days (Forbes)

Forbes:
A profile of Caroline Ellison, the risk-loving, “very mathy” Alameda Research CEO that sources say was “virtually invisible” in Alameda's last days  —  Alameda Research CEO Caroline Ellison is a math whiz who loves Harry Potter and taking big risks.



OnePlus 11 likely to sport 2K resolution, 5000mAh battery: Report

OnePlus is set to launch its new lineup of flagship smartphones with the launch of the OnePlus 11. The smartphone will succeed the OnePlus 10 series launched earlier this year. https://ift.tt/dL2F9pX

Sources: the US is seeking info on confidential deals that Elon Musk made with foreign investors over concerns they may be able to access Twitter users' data (Bloomberg)

Bloomberg:
Sources: the US is seeking info on confidential deals that Elon Musk made with foreign investors over concerns they may be able to access Twitter users' data  —  Elon Musk's $44 billion takeover of Twitter Inc. is still facing US government scrutiny over national-security concerns …



JD.com reports Q3 revenue up 11% YoY to $34.2B, narrowly beating estimates, and ~$843M net income, reversing a ~$394M loss in Q3 2021 (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
JD.com reports Q3 revenue up 11% YoY to $34.2B, narrowly beating estimates, and ~$843M net income, reversing a ~$394M loss in Q3 2021  —  JD.com Inc. reported higher sales last quarter after shoppers kept spending at China's second-largest online retailer despite an economic downturn.



US tech companies laying off employees serves as a wake-up call for Ireland, a longtime European hub for Big Tech, which has added 24,000 IT jobs since Q1 2021 (Jude Webber/Financial Times)

Jude Webber / Financial Times:
US tech companies laying off employees serves as a wake-up call for Ireland, a longtime European hub for Big Tech, which has added 24,000 IT jobs since Q1 2021  —  Mass sackings are a blow to staff, but come amid rising concerns the country has grown too reliant on the industry



iQOO 11 5G confirmed to feature Snapdragon 8 Gen 2 chipset, says company

iQoo 11 series is set to launch in Malaysia soon. The series is likely to include the iQoo 11, iQoo 11 Pro and iQoo 11 Legend smartphones. While the official dates are still not known, rumours about the chipset that would power the iQoo 11 smartphone have surfaced online. https://ift.tt/5x23X0v

An in-depth look at FTX and Alameda shows UST's collapse in May increased their reliance on FTT, leading to $4B outflows from Alameda to FTX in June and July (Nansen)

Nansen:
An in-depth look at FTX and Alameda shows UST's collapse in May increased their reliance on FTT, leading to $4B outflows from Alameda to FTX in June and July  —  mins  —  Nansen's research team dives into the collapse of Alameda and FTX using blockchain analytics  —  Key Takeaways



Thursday, November 17, 2022

Google announces updates for Search to help users find dishes near them; Maps, including expanding Live View; and Shopping, adding AR tools for makeup shopping (Aisha Malik/TechCrunch)

Aisha Malik / TechCrunch:
Google announces updates for Search to help users find dishes near them; Maps, including expanding Live View; and Shopping, adding AR tools for makeup shopping  —  Google announced today that it's introducing a slew of new Maps, Search and Shopping features.



Bankruptcy filings: FTX CEO John J. Ray III, who oversaw Enron, condemns SBF's "unprecedented" management, describing a "complete failure of corporate controls" (Jack Schickler/CoinDesk)

Jack Schickler / CoinDesk:
Bankruptcy filings: FTX CEO John J. Ray III, who oversaw Enron, condemns SBF's “unprecedented” management, describing a “complete failure of corporate controls”  —  The former FTX CEO's unconventional style is under the spotlight as bankruptcy professionals pore over the exchange's collapse.



Alibaba reports Q3 revenue up 3% to ~$29B, slightly above estimates, and a surprise ~$2.9B net loss, compared to an expected ~$2.6B profit (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
Alibaba reports Q3 revenue up 3% to ~$29B, slightly above estimates, and a surprise ~$2.9B net loss, compared to an expected ~$2.6B profit  —  Alibaba Group Holding Ltd. reported a surprise loss after quarterly revenue barely grew, as China's rigid Covid controls continue to sap consumer sentiment.



A survey of US teens on social media: 80% feel closer to friends and 71% like showing creativity; 59% are neutral on its overall impact; girls report more drama (Pew Research Center)

Pew Research Center:
A survey of US teens on social media: 80% feel closer to friends and 71% like showing creativity; 59% are neutral on its overall impact; girls report more drama  —  Majorities of teens credit social media with strengthening their friendships and providing support while also noting the emotionally charged side of these platforms



Congress, slow to move on regulating crypto, becomes transfixed by FTX's collapse, as lawmakers wonder if the crisis could have been prevented (Tony Romm/Washington Post)

Tony Romm / Washington Post:
Congress, slow to move on regulating crypto, becomes transfixed by FTX's collapse, as lawmakers wonder if the crisis could have been prevented  —  The stunning collapse of the world's third-largest exchange has forced lawmakers to reckon with the costs of legislative inaction



Meta appoints Sandhya Devanathan to lead its India business, starting January 1, following several high-profile departures; Devanathan joined Meta in 2016 (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Meta appoints Sandhya Devanathan to lead its India business, starting January 1, following several high-profile departures; Devanathan joined Meta in 2016  —  Meta has appointed Sandhya Devanathan as the new head of its India business following several high-profile departures in the key overseas market.



Financial cybercrime group the Disneyland Team is spoofing bank domains using Punycode, a standard that lets browsers render domains with non-Latin alphabets (Brian Krebs/Krebs on Security)

Brian Krebs / Krebs on Security:
Financial cybercrime group the Disneyland Team is spoofing bank domains using Punycode, a standard that lets browsers render domains with non-Latin alphabets  —  A financial cybercrime group calling itself the Disneyland Team has been making liberal use of visually confusing phishing domains …



MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...