Techmeme: Equity management service Carta cuts 10% of its staff, impacting up to ~200 employees, and sues its former CTO; the company was valued at $7.4B in August 2021 (Natasha Mascarenhas/TechCrunch)
Cost of living: Quarter of UK households have no savings, research shows
Techmeme: Netflix plans to stream the SAG Awards globally starting in 2024, as part of a multiyear deal; the 2023 ceremony will stream on Netflix's channel (Tyler Coates/The Hollywood Reporter)
Tom Brady and Gisele Bundchen lost 1.7m shares in FTX collapse: Robert Kraft, Peter Thiel, also hit
Tom Brady and Gisele Bundchen lost 1.7m shares in FTX collapse: Robert Kraft, Peter Thiel, also hit
will now let shoppers buy with Prime on third-party sites
Tom Brady and Gisele Bundchen lost 1.7m shares in FTX collapse: Robert Kraft, Peter Thiel, also hit
Techmeme: A profile of Character.AI, founded by two former Google researchers to offer “plausible conversation” with famous people, like William Shakespeare and Elon Musk (Cade Metz/New York Times)
Techmeme: Cory Doctorow and law professor Rebecca Giblin on their new book, Chokepoint Capitalism, and how tech platforms monetize creators via distribution bottlenecks (Nilay Patel/The Verge)
Techmeme: Court documents: Sam Bankman-Fried invested $20M in Paradigm's $2.5B Paradigm One fund in late 2021, and then the fund invested in his FTX and FTX US exchanges (Financial Times)
The Bitcoin Saga - Politics and religion - Quarter To Three Forums
Tom Brady, Gisele Bundchen and Larry David face Texas probe over FTX endorsements