Tech Brew Ride Home Tue. 11/15 – “An Excel File Full Of The Howling Of Ghosts”
Nov 15, 2022
Elon Musk's reign at Twitter faces mounting challenges as layoffs jeopardize platform stability. The unsettling financial revelations about FTX raise eyebrows in the crypto community. Amazon prepares for massive layoffs, casting doubt on the future of its Alexa assistant. Meanwhile, Nike dives into the metaverse with a groundbreaking virtual sneaker store, pushing the limits of digital collectibles. Lastly, discover how Apple's Emergency SOS via satellite feature could be a lifesaver, providing critical connectivity in emergencies.
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Public Criticism and Firings at Twitter
- Elon Musk fired Twitter engineers for publicly criticizing him.
- One engineer, Eric Fraunhofer, corrected Musk's technical understanding on Twitter and was subsequently fired.
FTX Balance Sheet Analysis
- Matt Levine analyzed the FTX balance sheet and found it alarmingly bad.
- A significant portion of FTX's assets were its own made-up tokens, raising questions about the missing customer money.
Amazon Layoffs and Alexa's Future
- Amazon plans to lay off around 10,000 employees, focusing on devices, retail, and HR.
- The cuts raise concerns about the future of Alexa, given its limited functionality and Amazon's smart home strategy.