Great episode today from the Hard Fork podcast on Twitterâs meltdown, especially helpful if you want to know whatâs going on without logging in to Twitter and giving that man your traffic.
A Verified Mess: Turmoil from Twitter to FTX
Listen to this episode from Hard Fork on Spotify. This week, we go inside Elon Muskâs âdireâ warnings, FTXâs spectacular collapse and Metaâs big layoffs. Has the tech industry lost its mind?âHard Forkâ listeners: We want to hear your questions about the tech industry. Send them to [email protected]. Also, check us out on TikTok: @hardforkpodAdditional Resources:Elon Musk told Twitter employees the company faced a bleak financial picture in a meeting with staff on Thursday and in his first companywide emails.The worldâs largest crypto exchange, Binance, said it had reached a deal to buy its competitor FTX, which was on the verge of collapse. The news about FTX had left crypto investors scrambling.Is the collapse of FTX cryptoâs Lehman Brothers moment?Meta announced layoffs of 11,000 employees, accounting for about 13 percent of its work force.
