39 min listen
A Verified Mess: Turmoil from Twitter to FTX
FromHard Fork
ratings:
Length:
53 minutes
Released:
Nov 11, 2022
Format:
Podcast episode
Description
This week, we go inside Elon Musk’s “dire” warnings, FTX’s spectacular collapse and Meta’s big layoffs. Has the tech industry lost its mind?“Hard Fork” listeners: We want to hear your questions about the tech industry. Send them to hardfork@nytimes.com. 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 world’s 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 crypto’s Lehman Brothers moment?Meta announced layoffs of 11,000 employees, accounting for about 13 percent of its work force.
Released:
Nov 11, 2022
Format:
Podcast episode
Titles in the series (84)
Life Under Musk: Two Twitter Employees Speak Out: “We cross our fingers and hope to make it through another day.” Twitter hasn’t spoken publicly since Elon Musk bought the company a week ago. But inside, employees describe a mood of fear, chaos, stress and bizarre requests to print out code. by Hard Fork