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Submitted at 11-13-2022, 03:15 PM by dueserpenti | |
15 Comments | |
Sam Bankman-Fried’s main international FTX exchange held just $900mn in easily sellable assets against $9bn of liabilities the day before it collapsed into bankruptcy, according to investment materials seen by the Financial Times.
The largest portion of those liquid assets listed on a FTX international balance sheet dated Thursday was $470mn of Robinhood shares owned by a Bankman-Fried vehicle not listed in Friday’s bankruptcy filing, which included 134 corporate entities.
The document, shared with prospective investors before the bankruptcy, provides a detailed picture of the financial hole in the FTX crypto empire and suggests customers of FTX international may face steep losses on cash and crypto assets they held on the exchange.
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Submitted at 11-13-2022, 03:37 AM by Forensic | |
The general spin on the election results is that they were good for Democrats and bad for Republicans. And they were, at least in the short term.
But they may ultimately prove to be good for Republicans, since former President Trump’s grip on the GOP has taken a beating, opening the door to younger and more electable 2024 Republican presidential candidates.
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Submitted at 11-13-2022, 03:25 AM by Forensic | |
Catherine Cortez Masto's win delivered a one-two punch for Democrats in Nevada and Arizona, a pair of battleground states that Republicans contested fiercely. | |
Submitted at 11-13-2022, 03:08 AM by Disruptive Emotional-Support Pig | |
An energy-efficient chip called NeuRRAM fixes an old design flaw to run large-scale AI algorithms on smaller devices, reaching the same accuracy as wasteful digital computers. | |
Submitted at 11-12-2022, 07:20 PM by Nibbles | |
Eventually DCI scrubbed celluloid film almost entirely from the film industry, ushering in the most significant technological shift since the introduction of sound. The digital revolution transformed nearly every aspect of filmmaking for Hollywood and independent filmmakers. This revolution was invisible, and it was designed to be that way. Its success depended on audiences never noticing at all. | |
Submitted at 11-12-2022, 06:49 PM by thirteen3seven | |
I watch drones for a living.
It’s a pursuit that is, in some ways, rather similar to the work of an 1800s naturalist. As they did, drone watchers spend a lot of time observing little flying things at a distance. Like them, we also spend a lot of time bickering about taxonomy: the nature of things, the categories of things, where they fit into the broader ecological picture.
And I think if people like me were talking to to those long-dead naturalists today, they’d agree that the nightmarish war that Russia’s vicious 2022 invasion started has created a thriving and remarkably bio-diverse ecosystem of little flying robots. A Cambrian explosion of drones and things that people can do with drones, if you will.
Nor are these little flying robots static in their forms, in their behaviors. They are evolving at a terrifically fast rate, as Ukrainian drone pilots, hackers, and engineers- locked in existential conflict with a far-bigger power - throw every ounce of talent and ingenuity they have at making the drones they already have, and the tactics that they use them with, that much better. So too have the Russians been forced to furiously adapt their own methods of using small, cheap drones, and the drones themselves, to keep up with the pace that Ukraine has set.
Since Russia first launched its idiot invasion of Ukraine in early February of 2022, I’ve been maintaining an online database of how small, consumer drones are being used in the war. By “small, consumer” drones, I mean cheap drones, civilian drones, the kind of drones made by DJI and other mostly-Chinese manufacturers that people can buy online and at camera stores for a few thousands bucks in almost every country in the world. | |
Submitted at 11-12-2022, 02:52 AM by Forensic | |
The swift collapse of the FTX crypto exchange has sparked an industry push among big rivals to publish proof of their reserves as a means to provide transparency into the assets on their platforms.
With those efforts just getting underway, one firm, Crypto.com, has taken the proactive step of providing a preliminary set of disclosures – sharing wallet addresses with the blockchain analysis firm Nansen to create a dashboard of nearly $3 billion of reserves and other assets.
What that shows is just how heavily the mix of assets is skewed toward a meme-y token called shiba inu (SHIB), a digital asset built atop the Ethereum blockchain that was largely inspired by the joke token dogecoin (DOGE). Like DOGE – a key staple of billionaire Elon Musk’s crypto schtick on Twitter – the SHIB token is a highly volatile cryptocurrency whose primary use case is often considered to be speculation itself; it’s traded for fast profits and yuks. | |
Submitted at 11-11-2022, 11:23 PM by Forensic | |
Submitted at 11-11-2022, 06:55 PM by Wreckard | |
SAN FRANCISCO — Elon Musk had a demand.
On Oct. 28, hours after completing his $44 billion buyout of Twitter the night before, Mr. Musk gathered several human-resource executives in a “war room” in the company’s offices in San Francisco. Prepare for widespread layoffs, he told them, six people with knowledge of the discussion said. Twitter’s work force needed to be slashed immediately, he said, and those who were cut would not receive bonuses that were set to be paid on Nov. 1.
The executives warned their new boss that his plan could violate employment laws and breach contracts with workers, leading to employee lawsuits, the people said. But Mr. Musk’s team said he was used to going to court and paying penalties, and was not worried about the risks. So Twitter’s human-resource, accounting and legal departments scrambled to figure out how to comply with his command.
Two days later, Mr. Musk learned exactly how costly those potential fines and lawsuits could be, three people said. Delays were also piling up as managers haggled over which employees to let go. He decided to wait on cutting jobs until after Nov. 1.
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Submitted at 11-11-2022, 06:28 PM by Forensic | |
Submitted at 11-11-2022, 12:48 PM by droog | |
Submitted at 11-10-2022, 11:44 PM by sleeppoor | |
California's attorney general on Thursday sued 3M Co , DuPont de Nemours Inc and several other companies to recoup the "staggering" clean-up costs from toxic pollutants known as "forever chemicals." | |
Submitted at 11-10-2022, 07:54 PM by sleeppoor | |
Twitter’s chief information security officer and chief compliance officer resigned late Wednesday night as the company started implementing changes that would allow users to more easily impersonate major brands and government officials.
The departures came just hours before the company’s new CEO, Elon Musk, sent his first email to Twitter employees, titled “difficult times ahead,” and implementing a mandatory return-to-work policy.
Lea Kissner, the chief information security officer, confirmed they had left in a Twitter post Thursday morning. Chief Compliance Officer Marianne Fogarty has also left the company, according to a person familiar with the situation who asked to remain nameless because they were not authorized to speak publicly.
“I don’t watch Game of Thrones. I certainly don’t want to play it at work,” Fogarty tweeted Monday. | |
Submitted at 11-10-2022, 07:03 PM by Forensic | |
Paul Morantz, a lawyer and investigative journalist who in the 1970s was so successful at taking on cults, abusive psychotherapists and self-proclaimed gurus around California that one of his targets tried to assassinate him with a rattlesnake, died on Oct. 23 in Los Angeles. He was 77. | |
Submitted at 11-10-2022, 06:59 PM by Qfwfq | |
Higher sea levels will push the water table up with them, causing flooding, contamination, and all manner of unseen chaos. | |
Submitted at 11-10-2022, 06:37 PM by sleeppoor | |
Yesterday I tweeted out a question about whether or not there was anyone left at Twitter who remembered that the company was under a pretty strict FTC consent decree. Apparently the answer was yes, but they didn’t include Elon Musk. Late last night, a few hours after that tweet, the Chief Information Security Officer, the Chief Privacy Officer, and the Chief Compliance Officer all quit, apparently citing potential FTC violations as the reason. | |
Submitted at 11-10-2022, 06:22 PM by Forensic | |
Submitted at 11-10-2022, 06:02 PM by sleeppoor | |
Submitted at 11-10-2022, 05:48 PM by sleeppoor | |
I want it out — so why won’t any doctors do it? | |
Submitted at 11-10-2022, 04:44 PM by sleeppoor | |

Sam Bankman-Fried’s main international FTX exchange held just $900mn in easily sellable assets against $9bn of liabilities the day before it collapsed into bankruptcy, according to investment materials seen by the Financial Times.
The largest portion of those liquid assets listed on a FTX international balance sheet dated Thursday was $470mn of Robinhood shares owned by a Bankman-Fried vehicle not listed in Friday’s bankruptcy filing, which included 134 corporate entities.
The document, shared with prospective investors before the bankruptcy, provides a detailed picture of the financial hole in the FTX crypto empire and suggests customers of FTX international may face steep losses on cash and crypto assets they held on the exchange.
The general spin on the election results is that they were good for Democrats and bad for Republicans. And they were, at least in the short term.
But they may ultimately prove to be good for Republicans, since former President Trump’s grip on the GOP has taken a beating, opening the door to younger and more electable 2024 Republican presidential candidates.
Catherine Cortez Masto's win delivered a one-two punch for Democrats in Nevada and Arizona, a pair of battleground states that Republicans contested fiercely.
An energy-efficient chip called NeuRRAM fixes an old design flaw to run large-scale AI algorithms on smaller devices, reaching the same accuracy as wasteful digital computers.
Eventually DCI scrubbed celluloid film almost entirely from the film industry, ushering in the most significant technological shift since the introduction of sound. The digital revolution transformed nearly every aspect of filmmaking for Hollywood and independent filmmakers. This revolution was invisible, and it was designed to be that way. Its success depended on audiences never noticing at all.
I watch drones for a living.
It’s a pursuit that is, in some ways, rather similar to the work of an 1800s naturalist. As they did, drone watchers spend a lot of time observing little flying things at a distance. Like them, we also spend a lot of time bickering about taxonomy: the nature of things, the categories of things, where they fit into the broader ecological picture.
And I think if people like me were talking to to those long-dead naturalists today, they’d agree that the nightmarish war that Russia’s vicious 2022 invasion started has created a thriving and remarkably bio-diverse ecosystem of little flying robots. A Cambrian explosion of drones and things that people can do with drones, if you will.
Nor are these little flying robots static in their forms, in their behaviors. They are evolving at a terrifically fast rate, as Ukrainian drone pilots, hackers, and engineers- locked in existential conflict with a far-bigger power - throw every ounce of talent and ingenuity they have at making the drones they already have, and the tactics that they use them with, that much better. So too have the Russians been forced to furiously adapt their own methods of using small, cheap drones, and the drones themselves, to keep up with the pace that Ukraine has set.
Since Russia first launched its idiot invasion of Ukraine in early February of 2022, I’ve been maintaining an online database of how small, consumer drones are being used in the war. By “small, consumer” drones, I mean cheap drones, civilian drones, the kind of drones made by DJI and other mostly-Chinese manufacturers that people can buy online and at camera stores for a few thousands bucks in almost every country in the world.
The swift collapse of the FTX crypto exchange has sparked an industry push among big rivals to publish proof of their reserves as a means to provide transparency into the assets on their platforms.
With those efforts just getting underway, one firm, Crypto.com, has taken the proactive step of providing a preliminary set of disclosures – sharing wallet addresses with the blockchain analysis firm Nansen to create a dashboard of nearly $3 billion of reserves and other assets.
What that shows is just how heavily the mix of assets is skewed toward a meme-y token called shiba inu (SHIB), a digital asset built atop the Ethereum blockchain that was largely inspired by the joke token dogecoin (DOGE). Like DOGE – a key staple of billionaire Elon Musk’s crypto schtick on Twitter – the SHIB token is a highly volatile cryptocurrency whose primary use case is often considered to be speculation itself; it’s traded for fast profits and yuks.
SAN FRANCISCO — Elon Musk had a demand.
On Oct. 28, hours after completing his $44 billion buyout of Twitter the night before, Mr. Musk gathered several human-resource executives in a “war room” in the company’s offices in San Francisco. Prepare for widespread layoffs, he told them, six people with knowledge of the discussion said. Twitter’s work force needed to be slashed immediately, he said, and those who were cut would not receive bonuses that were set to be paid on Nov. 1.
The executives warned their new boss that his plan could violate employment laws and breach contracts with workers, leading to employee lawsuits, the people said. But Mr. Musk’s team said he was used to going to court and paying penalties, and was not worried about the risks. So Twitter’s human-resource, accounting and legal departments scrambled to figure out how to comply with his command.
Two days later, Mr. Musk learned exactly how costly those potential fines and lawsuits could be, three people said. Delays were also piling up as managers haggled over which employees to let go. He decided to wait on cutting jobs until after Nov. 1.
California's attorney general on Thursday sued 3M Co , DuPont de Nemours Inc and several other companies to recoup the "staggering" clean-up costs from toxic pollutants known as "forever chemicals."
Twitter’s chief information security officer and chief compliance officer resigned late Wednesday night as the company started implementing changes that would allow users to more easily impersonate major brands and government officials.
The departures came just hours before the company’s new CEO, Elon Musk, sent his first email to Twitter employees, titled “difficult times ahead,” and implementing a mandatory return-to-work policy.
Lea Kissner, the chief information security officer, confirmed they had left in a Twitter post Thursday morning. Chief Compliance Officer Marianne Fogarty has also left the company, according to a person familiar with the situation who asked to remain nameless because they were not authorized to speak publicly.
“I don’t watch Game of Thrones. I certainly don’t want to play it at work,” Fogarty tweeted Monday.
Paul Morantz, a lawyer and investigative journalist who in the 1970s was so successful at taking on cults, abusive psychotherapists and self-proclaimed gurus around California that one of his targets tried to assassinate him with a rattlesnake, died on Oct. 23 in Los Angeles. He was 77.
Higher sea levels will push the water table up with them, causing flooding, contamination, and all manner of unseen chaos.
Yesterday I tweeted out a question about whether or not there was anyone left at Twitter who remembered that the company was under a pretty strict FTC consent decree. Apparently the answer was yes, but they didn’t include Elon Musk. Late last night, a few hours after that tweet, the Chief Information Security Officer, the Chief Privacy Officer, and the Chief Compliance Officer all quit, apparently citing potential FTC violations as the reason.
I want it out — so why won’t any doctors do it?