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Top news of the week: 24.11.2022.

Finance
Fortune 500
Multi-level marketing
Names of large numbers
Meta
Money laundering

@Techmeme shared
On Nov 21, 2022
Connecticut-based SponsorUnited, a SaaS database of the brand sponsorship industry, raised a $35M Series A led by Spectrum Equity at a $100M+ valuation (@kyle_l_wiggers / TechCrunch) https://t.co/F1MiAMqyTW https://t.co/1U03oLC02W
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SponsorUnited secures $35M investment to build out its database of brand sponsorships

SponsorUnited secures $35M investment to build out its database of brand sponsorships

SponsorUnited, a startup developing a platform to track brand sponsorships and deals, has raised $35 million in venture capital.

@TaylorLorenz shared
On Nov 22, 2022
RT @CaseyNewton: This is not how you phrase a scoop if you have any confidence in your own headline. What kind of “information”? “Suggests” how? https://t.co/PoZHtGA6es (Meta has denied this, and I would be surprised if there were any truth to it.) https://t.co/sR0JUf4aV2
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Mark Zuckerberg is set to resign next year

Mark Zuckerberg is set to resign next year

According to our source, privy to plans at Meta, informs us that Zuckerberg is set to resign next year.

@reckless shared
On Nov 17, 2022
lol @mslopatto facts https://t.co/wBtlhKhDCF https://t.co/Pe8znuCfSE
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Let’s enjoy this FTX bankruptcy filing together

Let’s enjoy this FTX bankruptcy filing together

The Enron cleanup guy says FTX is worse than Enron.

@jyarow shared
On Nov 22, 2022
A device dedicated to bad jokes for my kids and timers isn't a good business. https://t.co/AIBdwmyDRa
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Amazon is gutting its voice-assistant Alexa. Once founder Jeff Bezos's pet project it's now the primary target of historic layoffs.

Amazon is gutting its voice-assistant Alexa. Once founder Jeff Bezos's pet project it's now the primary target of historic layoffs.

Amazon's mounting losses and massive job cuts underscore a failure in the hardware business model the company once pioneered.

@mathewi shared
On Nov 18, 2022
RT @TowCenter: New from Tow: "How Bill C-18 will play out, if passed, remains hypothetical, and some are wary of the news industry becoming further intertwined with both platforms and the government for its survival." @__gabbymiller https://t.co/JPoK7fjxCy
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Everything to know about Canada’s Online News Act hearings

Everything to know about Canada’s Online News Act hearings

<p>Parliamentary hearings for Canada’s Online News Act–or the Liberal government’s attempt to rectify the imbalance between platforms and publishers–have so far yielded insight into the ...

@ReutersBiz shared
On Nov 18, 2022
WATCH: A bankruptcy court filing for collapsed crypto exchange FTX revealed the findings of new CEO John Ray, who said there was a shocking lack of corporate control and oversight at the company https://t.co/EwqGLidPT9 https://t.co/IYwSjhZKfn
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Bankrupt FTX's new CEO outlines fund abuses, untrustworthy records

Bankrupt FTX's new CEO outlines fund abuses, untrustworthy records

The executive hired to steer FTX Group through bankruptcy offered his first findings of improper fund transfers and poor accounting at the collapsed crypto exchange, describing it as a ...

@Recode shared
On Nov 23, 2022
Stop taking billionaires at their word https://t.co/q0IGosP5eW
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Stop taking billionaires at their word

Stop taking billionaires at their word

Why do we keep believing things that are too good to be true?

@Recode shared
On Nov 23, 2022
FTX is over. Is crypto, too? https://t.co/IoKzN7Aiu6
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The collapse of FTX and Sam Bankman-Fried’s shocking downfall

The collapse of FTX and Sam Bankman-Fried’s shocking downfall

Crypto is the cat with nine lives, but some wonder if FTX might be the last one.

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