Eliza Gkritsi / CoinDesk:
Filings: FTX, Alameda, and other affiliates have $1.2B in cash reserves, below the $3.1B owed to the top 50 creditors; Alameda's reserves are largest at ~$393M — The bankrupt crypto exchange FTX owes around $3.1 billion to its top 50 creditors. — The various divisions …
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Tuesday, November 22, 2022
Filings: FTX, Alameda, and other affiliates have $1.2B in cash reserves, below the $3.1B owed to the top 50 creditors; Alameda's reserves are largest at ~$393M (Eliza Gkritsi/CoinDesk)
Records: FTX, its executives, and SBF's parents bought 19+ properties in the Bahamas worth ~$121M over the past two years as "residence for key personnel" (Koh Gui Qing/Reuters)
Koh Gui Qing / Reuters:
Records: FTX, its executives, and SBF's parents bought 19+ properties in the Bahamas worth ~$121M over the past two years as “residence for key personnel” — Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought …
Sunday, November 20, 2022
Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each (Bloomberg)
Bloomberg:
Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each — Sam Bankman-Fried's bankrupt crypto empire owes its 50 biggest unsecured creditors a total of $3.1 billion, new court papers show, with a pair of customers owed more than $200 million each.
Microsoft brings SwiftKey back to the iOS App Store citing "customer feedback", after delisting the keyboard app on October 5, 2022 (Jay Peters/The Verge)
Jay Peters / The Verge:
Microsoft brings SwiftKey back to the iOS App Store citing “customer feedback”, after delisting the keyboard app on October 5, 2022 — Microsoft's SwiftKey keyboard has unexpectedly returned to the App Store. The company officially discontinued support for the keyboard and removed …
Elon Musk's changes at Twitter threaten to set up a showdown with Apple and Google over in-app purchases for subscriptions and content moderation issues (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
Elon Musk's changes at Twitter threaten to set up a showdown with Apple and Google over in-app purchases for subscriptions and content moderation issues — Elon Musk's plan to turn Twitter into more of a subscription service threatens to set up a showdown with Apple and Google.
Twitter's automated copyright strike system appears to be broken, as users upload full movies; some accounts with viral tweets were later suspended (Paul Tassi/Forbes)
Paul Tassi / Forbes:
Twitter's automated copyright strike system appears to be broken, as users upload full movies; some accounts with viral tweets were later suspended — While Twitter, the website, remains online and has not simply collapsed after the vast majority of workers were fired or resigned under Elon Musk …
Donald Trump says he sees "a lot of problems at Twitter", doesn't see any reason to return, and plans to stick to Truth Social (Mark Niquette/Bloomberg)
Mark Niquette / Bloomberg:
Donald Trump says he sees “a lot of problems at Twitter”, doesn't see any reason to return, and plans to stick to Truth Social — Donald Trump said he sees “a lot of problems at Twitter” and will stick to his own social-media platform, offering an initial response to Elon Musk's poll …
A look at the growth of esports tournaments in India, which are attracting prime-time TV audiences with both players and viewers mostly using mobile phones (Alex Gabriel Simon/Bloomberg)
Alex Gabriel Simon / Bloomberg:
A look at the growth of esports tournaments in India, which are attracting prime-time TV audiences with both players and viewers mostly using mobile phones — Next to a primary school and a shabby playground in India's financial capital Mumbai stands a plush four-story building that's home to the world's newest breed of athlete.
Saturday, November 19, 2022
FTX users flock to Telegram to reckon with their potential losses, where some say they believed FTX's links to the US made it unusually safe (John Herrman/New York Magazine)
John Herrman / New York Magazine:
FTX users flock to Telegram to reckon with their potential losses, where some say they believed FTX's links to the US made it unusually safe — The losers — and scammers — are flooding Telegram. — It's early November. You're into crypto. It has probably been a rough few months …
Wickr Me, the free encrypted messaging app acquired by AWS in 2021, will shut down on December 31, 2023 and stop accepting new users at the end of 2022 (Emma Roth/The Verge)
Emma Roth / The Verge:
Wickr Me, the free encrypted messaging app acquired by AWS in 2021, will shut down on December 31, 2023 and stop accepting new users at the end of 2022 — Wickr Me, the free encrypted messaging app owned by Amazon Web Services, is shutting down on December 31st, 2023.
As climate change threatens data centers, Amazon, Microsoft, and Google are tinkering with cooling options and building data centers in colder countries (David Lumb/CNET)
David Lumb / CNET:
As climate change threatens data centers, Amazon, Microsoft, and Google are tinkering with cooling options and building data centers in colder countries — Data centers run our personal and professional lives, so it's crucial that they keep working in a future of climate change.
FTX says it has fired CTO Gary Wang, engineering director Nishad Singh, and Alameda Research CEO Caroline Ellison (Wall Street Journal)
Wall Street Journal:
FTX says it has fired CTO Gary Wang, engineering director Nishad Singh, and Alameda Research CEO Caroline Ellison — The three executives and Mr. Bankman-Fried are said to have known FTX was using customer funds to plug a funding gap — FTX, the cryptocurrency exchange launched by Sam Bankman-Fried …
Ripple says it is effectively "operating outside of the US" due to its legal fight with the SEC and is seeking a license in Ireland to drive EU expansion (Ryan Browne/CNBC)
Ryan Browne / CNBC:
Ripple says it is effectively “operating outside of the US” due to its legal fight with the SEC and is seeking a license in Ireland to drive EU expansion — - Ripple is expanding its presence in the EU, where it plans to “passport” its services through an entity in Ireland, General Counsel Stuart Alderoty told CNBC.
Musk is running a Twitter poll on reinstating Donald Trump, after saying in October that Twitter will form a "content moderation council" to make such decisions (Herb Scribner/Axios)
Herb Scribner / Axios:
Musk is running a Twitter poll on reinstating Donald Trump, after saying in October that Twitter will form a “content moderation council” to make such decisions — Elon Musk dropped a 24-hour poll on his own Twitter feed Friday night asking whether or not to reinstate former President Trump to the social media platform.
New FTX CEO says it will attempt to sell or reorganize its businesses after a review found that many of its subsidiaries have "solvent balance sheets" (Financial Times)
Financial Times:
New FTX CEO says it will attempt to sell or reorganize its businesses after a review found that many of its subsidiaries have “solvent balance sheets” — Many of collapsed crypto group's subsidiaries have ‘solvent balance sheets’, John Ray III says
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...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...