Dissecting a Dummy Promo MiniDisc
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Twitter closes offices, staff resign while users eye decentralized options
Twitter employees are not the only ones ditching the platform as users flock to a decentralized alternative.
GoTo cuts 1,300 jobs as it anticipates ‘uncertainties’ to linger for long
GoTo Group is cutting 1,300 jobs, or 12% of its workforce, it informed staff early Friday, as Indonesia’s largest internet company attempts to trim costs and improve finances. “Achieving financial independence more quickly has a profound cost for us, because when we take a hard look at how we fundamentally need to change (business focus … Read more
Crypto scammers are using black market identities to avoid detection: CertiK
The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.
Twitter’s living wake kicked off with Elon’s 5PM deadline
We don’t know how many of Twitter’s employees looked at Elon Musk’s “take three months’ severance or agree to stay and get Xtreme” offer and decided to head for the exits, but by all available accounts, it was a lot of them. As my colleagues Alex Heath and Mia Sato report, the departure of entire … Read more
The “je ne sais quoi” of TikTok
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Bahamian securities regulator ordered the transfer of FTX’s digital assets
The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.
Ticketmaster faces antitrust scrutiny after Taylor Swift ticket chaos
Ticketmaster is facing more scrutiny from politicians after its chaotic presales for tickets to Taylor Swift’s tour. Tennessee attorney general Jonathan Skrmetti said he is looking into whether Ticketmaster violated consumer’s rights and antitrust regulations. Skrmetti is the latest politician who has called attention to Ticketmaster and Live Nation’s hold on the ticketing market. This … Read more
FTX names Kroll as claims agent, to update users on bankruptcy developments
Claims and noticing agents such as Kroll are often assigned to bankruptcy cases where the number of creditors exceeds a thousand.
Annie Ernaux Turns Memory into Art
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Fred Brooks has died
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I drink before I interview
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First Mover Asia: Bitcoin Won’t Budge. Cryptos Ignore the FTX Chaos for Another Day
Sam Reynolds writes that venture capitalists’ failure to scrutinize crypto exchange FTS parallels oversights that led to energy giant Enron’s notorious bankruptcy two decades ago. New FTX CEO should know because he helped oversee Enron’s filing.
The death of the key change
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Bahamas Securities Regulator Says It Ordered FTX Crypto Transferred to Government Wallets
The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX’s crypto wallets to be transferred to government-controlled wallets on the previous Saturday.
Tailscale Funnel
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Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano
The crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses.
FTX will be the last giant to fall this cycle: Hedge fund co-founder
This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests.