Twitter's Silence, FTX's Troubling Balance Sheet, and Amazon's Job Cuts

If you tell Elon he doesn’t know what he’s doing, you could get fired. Matt Levine looks into the abyss of the FTX balance sheet and finds the abyss staring back at him. Is the Alexa platform in danger? Nike still believes in NFTs. And what it’s actually like to use Apple’s Emergency SOS feature.

Sponsors:

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Links:

• Musk Publicly Punishes Twitter Engineers Who Call Him Out Online (Bloomberg)
• Is Elon Musk’s Twitter about to fall out of the GDPR’s one-stop shop? (TechCrunch)
• FTX’s Balance Sheet Was Bad (Bloomberg)
• Amazon Is Said to Plan to Lay Off Thousands of Employees (NYTimes)
• Nike to Open Its Own Virtual Sneaker Store and Trading Platform (Bloomberg)
• Nike Launches Web3 Platform Offering Virtual Apparel and Other NFT-Based Products (CryptoNews)
• Here’s what it’s like to use Apple’s Emergency SOS via satellite (The Verge)

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